It's a little late for that now.
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Apple Reports First Year-Over-Year Revenue Decline Since 2003: $10.5B Profit on $50.6B in Revenue
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I think I'm just going to unplug my internet for the next week. Just to avoid the internet idiots who don't understand economics, business, or tech honestly. See you next month.
Despite €160 plastic cardboard Smart Cover + Smart Case for iPad Pro.
Finally.
Karma is a heartless female canine.
Finally.
Karma is a heartless female canine.
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And this is a big surprise to everyone? When your big event happens and you come out with 1 old/new 4" iPhone it tends to happen. Especially when Samsung is coming out with all the good stuff lately. Apple is behind technology, this is unfortunate.
It's a revenue not the profit. WalMart makes 482.13B in revenues annually making Apple look really small in this department. Ultimately though all investors care about is profits.
ARPU will tank next quarter once the SE is put into the equation.
65% of apple's profits are from a single product line - that can be a scary statistic to the wall street folks. The iPhone isn't going anywhere but Apple's success is tied to the iPhone
I hope this is wake up call for Apple. Samsung are forging ahead in terms of functionality on their devices and VR is going to be big over the next few years.; Apple need to release the beast with major upgrades on their hardware to keep the consumer interested.
Last years figures were a massive spike, disregard them and they are on steady growth. But, the market doesn't want you to see that, they want to drive Apple as low as possible through the year so they can buy in cheap before the new kit in September/October then dump the stock after it bounces back to make an absolute killing this is their wet dream come true.
When you make products that disrespect your customers, you lose sales. Simple.
Messy and cluttered product lines.
Poor and outdated product specs.
Exploitative upgrade prices.
Terrible marketing.
Glib focus on crass fashion items.
Tacky accessories.
Apple needs to refocus. Now.
Messy and cluttered product lines.
Poor and outdated product specs.
Exploitative upgrade prices.
Terrible marketing.
Glib focus on crass fashion items.
Tacky accessories.
Apple needs to refocus. Now.
Cue the sky is falling posts. Only made $10bb in profits for 3 months. They are doomed.
If they are going to drop profits by $3B per quarter they will be in red in a year. Not that I believe in this scenario but your perspective has some flaws.
YoY changes are pointless to read into. Just look at the previous years growth, they have a very long way to fall before they could be considered failing.
10 Billion in pure profit is going to be like 80% of all actual smart phone profits, they're doing superb by all account still with just a few phones updated yearly it's astounding.
I'm not a lover of apple as a company i think they stink at a lot of things but calling this anything other than roaring success is idiotic.
10 Billion in pure profit is going to be like 80% of all actual smart phone profits, they're doing superb by all account still with just a few phones updated yearly it's astounding.
I'm not a lover of apple as a company i think they stink at a lot of things but calling this anything other than roaring success is idiotic.
I bet Apple had visions of the Apple Watch taking off like the iPad or something. I still haven't seen a single person wearing one.
Exactly people will not pay top dollar for mediocre innovation. It was only a matter of time before all of the phone makers made their phones cheaper and arguably better. With no subsidies it's only going to get worse.
and man that is a lot of eggs in one basket for the iPhone.
Look for the downgrades coming from analysts soon. Apple still betting on branding to keep the momentum going. Secretly in the development lab, they snicker... "hey, let's just move the power button to the top and call it ip5! it'll sell millions to the suckers!"
Apple really needs to up their game, they should really think about price changes on some of their products, for example I was comparing the Macbook 12 inch line to the 13inch Pro line, and I said why does Apple even still have the Macbook line again? Also stop with the small updates on the iPhones, they have the money and the R&D to really push the iPhone but instead they want to do a little here and there. Its time for a slight change here.
No innovation; too much greed. If the standard model iPhone 7 comes with 16 GB storage standard, I will laugh, shake my head and then Abandon ship for Android.
and that product is evolving slowly... in dire need of a more aggressive evolutionary path.
With the iPhone SE, Apple Watch price cuts, new MacBooks coming out at WWDC, I think Q3 profits will be bigger than last year. Now's a good time to buy.
I would bet it'll be 32GB entry... just to upsell... when in reality what's considered good minimum today is 64GB.
Now I'm doubly excited for WWDC and the fall product announcements. The pressure is really on now and you know they (the Executive Team) all know it.
Spot on...Back in 2007, I praised Apple with their high quality and told all my family/friends to get Macs (then later iPhones/iPads). Since 2014, I no longer am an Apple cheerleader when my Photos randomly don't sync, my flagship $300 iPhone only comes with 16GB etc...
I'm still reeling on what it cost to upgrade to iOS 9 and El Capitan!