I'm not surprised about Mac sales dropping off, the whole PC market is dropping off. There's only a very small segment of the population that's going to pay $2000+ for a laptop anymore.
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Apple Reports Best Quarterly Results Ever in Q1 2013: $13.1 Billion Profit on $54.5 Billion in Revenue [Call Ended]
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I'm not surprised about Mac sales dropping off, the whole PC market is dropping off. There's only a very small segment of the population that's going to pay $2000+ for a laptop anymore.
itunes store rev is up quite a bit even with that horrible app store change that came with ios6. Looks like we are stuck with it for a while =(.
Cook prepared everyone for the drop in margin, at least in part, by describing how margins on new products are lower until later in their life cycle. With Apple launching more new products than in any quarter in their history, they expected a hit to margins.
Any deterioration in margin, particularly of this size, is going to freak people out but it needs to be seen in context.
My poor AAPL stock. Whyyyy didn't I sell at $700, sigh.
I think the answer here is pretty obvious to most of us. iOS has stagnated. Apple thought they could float by with a few iterative improvements in the iOS within a five-year span, while beating off competition with patent lawsuits.
The reality is that those lawsuits have mostly failed, the present and future is becoming more about Big Data than Shiny Hardware, and Android has become "good enough" for most people. iOS by comparison looks and feels very last-decade. Smaller factors include Apple taking their eye off the Mac pro market, and increased competition in the music space from streaming services like Spotify.
I think Ive can help turn things around on the OS front, but how long will that take? The bigger question is, when will Apple get serious about data services? When will they fix iCloud, when will they start putting heavy R&D into data like mapping, geolocation, Siri advancements, etc? The current Apple looks to be treading water.
I think the answer here is pretty obvious to most of us. iOS has stagnated. Apple thought they could float by with a few iterative improvements in the iOS within a five-year span, while beating off competition with patent lawsuits.
The reality is that those lawsuits have mostly failed, the present and future is becoming more about Big Data than Shiny Hardware, and Android has become "good enough" for most people. iOS by comparison looks and feels very last-decade. Smaller factors include Apple taking their eye off the Mac pro market, and increased competition in the music space from streaming services like Spotify.
I think Ive can help turn things around on the OS front, but how long will that take? The bigger question is, when will Apple get serious about data services? When will they fix iCloud, when will they start putting heavy R&D into data like mapping, geolocation, Siri advancements, etc? The current Apple looks to be treading water.
I never said they were increasing it. Just pointing out the dividend has been declared.
That's not enough. Roughly $2.65 * 4 quarters / $500 (AAPL price) = 2.12% annual dividend. Other tech companies (like Intel) pay more (around 4%).
Agreed. iCloud is where it was 1.5 years ago. It still sucks when it comes to file syncing. It's hard to use for both users and developers. Every iPad is basically worthless without Dropbox... That tells us a lot.
Does the old saying "laptops outsell desktops" still apply?
I'd reckon more people are buying laptops anyway.
Has Apple ever broken down Mac sales between Macbooks and iMacs?
do you people really not get it?
let's see, AMD with deep losses BUT far smaller than expected: stock up
Google with negligible YOY profit increase BUT significant slowing of decline in ad sales: Stock up
Apple with best quarter ever BUT decline in EPS and significant increase in costs: Stock down.
If you want to actually try to understand the situation, it makes perfect sense
Don't shoot the messenger.
With those losses, AMD is a target for takeover, hence people buy the stock, hence the price increases...
Don't shoot the messenger.
Don't worry - all of these people (including myself) probably own Apple stock. It is just frustration being let out.
It's their best quarter ever. Apple hit their guidance. These "experts" over-predicted - which says more about them as experts than Apple, and says a lot about how much manipulation goes on in the market.
It's amazing how people manage to turn their best quarter ever into a negative.
First quarter they didn't break down desktop vs laptop sales in as long as I can remember.
Get out of here with your logic!
Everyone is just bummed about the stock they own dropping. Denial, and disbelief. Look for acceptance early next week
I own it too and decided to get over it already, it's reality.