15% of all sales for the quarter, about what? $25 billion worth of computers for Fiscal 2012...seems like a lot to me.
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Apple Records Q4 2012 Earnings of $8.2B on $36B in Revenue, Tops $150B in Sales for Fiscal 2012 [Call Ended]
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15% of all sales for the quarter, about what? $25 billion worth of computers for Fiscal 2012...seems like a lot to me.
That is true. Apple sell desktop computers, notebook computers, tablet computers, computers that can make phone calls etc etc.91% of that chart is computers.
Maybe if the stupid US government would allow them to bring this back without ridiculous high taxes they would do something with it.
It's just a matter of perspective. Of course it's a huge sum of money (considering what can be done with it) but not from the perspective of the current price of APPL stock.
As I said in one of my previous posts I certainly hope so, saying we'll allow a ~10% tax rate but for every billion you bring in you have to make 1,000 new jobs and keep them for at least 18 months would be a win - win IMO. I'm sure it's not that easy but come on their has to be something they can work out.
interesting remarks just made about 7" tablets..
Tim Cook: "We would not make a 7" tablet".
Tim Cook: "We would not make a 7" tablet".
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They exceeded their guidance as usual because everyone on the Street knows that Apple lowballs their guidance so they can smash it when earnings are released.
Apple guidance estimates are before the quarter. Analyst's estimates are after the quarter. Big difference there.
Apple does not know what to do with the money they have. Why would they need more? I think government is doing just fine. Once they collect these taxes, perhaps we (US tax payers) will be able to not raise our income taxes.
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The guy is confused. He forgot they just released 7" tablet.
US based company. Uses public services in the US. It makes no difference where in the world the money was made, these companies should still pay taxes to a government and people they call home. Where is your patriotism?
Full disclosure so you know I'm no anti-business hippie. I have owned and operated my own business. I trade in the open market. I am holding a long position in AAPL. On top of all that, I have no problem with paying taxes to the USA. This country is my home and has given me more than the country my parents are from. Government keeping its head out of business? Pluh-eese!
If it weren't for government setting up the infrastructure for these very businesses, none of them would exist, Apple included.Yes but they have WAY more information to make informed estimates then analysts, Also it doesn't matter they are consistently 10 - 20% lower then actual numbers they can get closer if they want. Being ultra conservative is a valid tactics I'd rather them under promise and over deliver then over promise and under deliver. That being said their guidance is so consistently off that no one pays attention to it any more and why analyst predictions is what the benchmark is.
Yeah He was pretty adamant with that statement. Similar to his feelings about laplets being compromised devices.
What are you talking about? if they sold 0 iphones, they would still be making much more money than all PC OEMs combined. much more.
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Apple does not know what to do with the money they have. Why would they need more? I think government is doing just fine. Once they collect these taxes, perhaps we (US tax payers) will be able to not raise our income taxes.
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The guy is confused. He forgot they just released 7" tablet.
he relesed a 7.9" tablet, huge (35% screen area) difference. the difference between great products and sh**ty products.
It's not the average tax payer, those who make well below $250K annually, that deserve our taxes being raised but those who are very well off, those making the multi-million salaries and beyond, who's taxes should be raised. The middle class and the working poor are suffering because of a tiny, tiny minority of very well off people (the 1% if you will) who scream and buy off politicians, mostly Rethuglicans, because they don't want to pay taxes on so much money that they have no clue what to do with it.
Analysts are conservative by the nature of their business. They are providing investment advice to their customers so the last thing they want to do is get caught with their shirt tails hanging out. I think this is why the unaffiliated analysts were doing so much better for a time. They aren't responsible to anyone but themselves (and their blogging audience). The interesting development is that the unaffiliated analysts are rapidly losing credibility, partly I expect because the quality of AAPL coverage by the pros is much better than it used to be.
I totally agree on the capital allocation question. It was criminal that Apple avoided paying a dividend for as long as they did, and a crying shame that it isn't more than they are paying now. A steadily building cash mountain raises management questions.
It is not like they have it all sitting around in low yield checking account. Their last balance sheet showed $19B in Short Term Investments, and $89B in Long Term Investments. From their financial statements it is a little hard to tell how big of a return they are getting on those investments. From 2010 to 2011 they went from $25B to $55B in long term investments, after depositing $24B into investments that year. Back of the envelope shows a 24% return on long term investments over that year.
Having a hord of cash is a strategic advantage for Apple that allows them to enter into supplier agreements that others are not able to. This allows Apple to get high quality Flash, and displays at a good price that other companies can not. They can write multi-billion dollar checks to their suppliers to buy up their supply at a low cost.
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No, they don't. Analysts have actual sales information through surveys and supply chain checks to look at during and after the quarter. Apple only has historical information to base its guidance on before the quarter. Their main advantages are in new product release dates and supply issues.
While having physically larger screen, iPad Mini display has much fewer pixels than those inferior Android tablets. So the picture on Android tablets actually delivers much more information than that on iPad Mini. Size matters for certain things too but claiming that there is a clear advantage to iPad Mini format is simply a PR spin on Tim's part. He is just trying to justify ridiculously high price.