It's the iPhone number. Analysts got ahead of themselves again, and so 51 million is a "disappointment."
Well, that's a growth of zero percent. At least they have stopped shrinking.For the quarter, Apple posted revenue of $57.6 billion and net quarterly profit of $13.1 billion, or $14.50 per diluted share, compared to revenue of $54.5 billion and net quarterly profit of $13.1 billion, or $13.87 per diluted share in the year-ago quarter.
no profit growth, why would the stock go up?
I don't get it. Highest quarter ever and the stock is down 5%. What do those guy on Wall Street want?
they are making lots of money but margins are dropping and growth is gone
5 years ago they never discounted the iphone. now the latest model is always on sale
I don't get it. Highest quarter ever and the stock is down 5%. What do those guy on Wall Street want?
yep
AT&T is offering me NEXT and i might go get a Note 3 in an hour
Growth? Future earning potential?
they are making lots of money but margins are dropping and growth is gone
5 years ago they never discounted the iphone. now the latest model is always on sale
i used to look forward to earnings calls, now i cringe when they come. The stock tanks every time.
I use them for delivery drivers. Nice for that purpose but definitely too big for real world usage.
Don't get a Note 3.
Yeah, because $13.1 billion just doesn't cut it huh?
Not when it is flat YoY, can't just look at one number.