ABiteaDay

Almost of these comments buy to Sacconaghi’s premise to begin with.  He’s been spewing this theory that iphone uogrades are dead.  He then  twists it into the perverse angle that this will mean a slowdown in services revenue.  Big mistake:  yes, the market in cell phones (not just iPhones) is more staurated. But, does anyone truly beelive that people are finished upgrading their phones except every four years.  Not true; people are addicted to the phones and their software. You don have to be a fortune teller to to recognize that 2018 was a very, very bumpy year economically, not just for USA, but the whole world.  That sort of stuff makes people edgy, and nervous financially.  But, if anyone truly believs that people will stop upgrading their phones, they are  dead dead wrong. Even though I am a big Apple user, i recognize addiction when i see it. Just go into any restaurant, subway line or simply stroll down the street.  Everyone is hooked in.  Apple’s approach to the iphone upgrade program is phenomenal and it makes upgrades extreemly affordable.  And the services business, despite what Sacconagh says is only going one way:UP.  Just read Morgan Stanley’s Kate Huberty analysis. Dead on correct.  Remember folks, if we allow the pundits to pontificate and predict Apple’s demise, we are simply falling into the perennial trap. It’s happened before and will continue to happen.  For those still walking around with older iphones, upgrade now and see how much beter the experience is with face ID, faster chips and easier navigation.

i follow the Buffet philosopy: look at the company, not the stock price.  There is not a single company in the world that would not like to have the finacial and performance fundamentals that Apple has.

anantksundaram said:

Excellent news. 

Now, Apple, please do the same with whomever is in charge of that unmitigated disaster called iTunes. Thank you. 

Totally agree. Bye, bye Eddie. You haven’t got a “Cue”.

If you do the math, this estimate, if correct, simply supports Tim Cook’s statement when he announced a drop in guidance. He said it was due primarily to China and it looks that’s true. In my opinion, this is not bad news; it means what else he said is also probably true: that other areas are doing extremely well.  And there was a report just yesterday about how well the XR is selling.  How many companies earn $84 billion in one quarter, have enormous cash balances and still prodice some of the most innivative products in the world. As Steve Jobs often said, its not how many we sell, but how good they are.  I believe we will all be surprised when Apple reports next week. Even with a revenue shortfall, its eps is going to be fabulous, and its accomplishments in the wearables and service areas will be fantastic.  

When it comes to Apple, I’m long, as eevry other wise investor should be.  Or, we could always follow the pundits, take a short term perpective, and gamble away our money in companies that will never even come close on the fundamentals. A respected analyst, Kate Huberty, said it today: buy Apple now, before they reort out next week. Not to sound like a broken record, but i just wish they would finally announce a service bundle for music, tv, movies, books, i Cloud, etc. that will the icing on the cake.
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robbyx said:

NY1822 said:

what new services do you guys think Apple should get into?

That's a good question.  Other than video, what has mass appeal?  I'd be curious to hear what services people currently use.  It's hard for me to imagine what services Apple might launch outside of video and perhaps some kind of all-you-can-eat magazine subscription service (based on their acquisition of Texture).

Simple:  a one-stop shopping service for a monthly subscription fee. Imagine how easy it would be given thier massive installed base of Apple users. They could do tiered plans: GOLD PLAN: Apple Music, Movies and TV (absorbing itunes and introducing original content), Apps, Books (audio and video), storage, iCloud.   SILVER PLAN: Apple Music, TV, Video, Bronze Plan: Apple Music, Books, storage, iCloud. Or any combination of the above. The point is that their ecossytem is so large, they could easily absorb whatever costs are needed to keep the content providers happy.  And none of this should prevent them from exporting Airplay 2 or ITunes to other providers (Samsung, Vizio, Sony, etc). 

appleandbanana said:

DED is on a rampage! Someone attacks apple, and here he comes with his venomous anger to defend apple

And rightfully so.  The inept media coverage, so well documented bu DED yesterday, needs a counterattack to make sure we are reading responsible journalism.  I will say the same thing i say every time:  if you think the iPhone is too expensive and not innovative, do NOT buy it, and stop whining.  Its a free economy in most countries (sort of).  People should stop complaining and either put up or shut up.  Even most of the
’intelligent” naysayers still rave about the innovative qualiity of Apple products, and readily admit to all the ‘knockoffs” out there. 

Why buy a BMW or Mercedses ot high end Tesla when you can get someting cheper?  Because people always want to get the best they can afford, and they want soething that will last a long time.  Nw if you follow Apple close enough, which Apple Insider does, you eaily find many ways to get quality Apple prducts at reasoble prices.  And Apple is making it easier and easier to do so as well. All i know is what i experience:   i have owned both the  iPhone X and now the iPhone XS Max. I love them, they are wonderful to use and for those who think technology is going to stand still, wake   up: FacdID is here to stay and it is wonderful; the ecosystem integrates well and now Apple is appropriaetky peeling back the wall and making its services much more widely avaialble. Now, i will repeat what i have been saying fir years: Apple needs to do a better job creating a media subscription service: music, TV, Movies, books Apps, etc, all for a monthly subscription fee. With  somewhere between 800,000 to one billion users, its a complete home run. Come on Apple, just do it.