Tim Cook Warns Against Trying to Interpret Supply Chain Order Rumors

Discussion in 'MacRumors.com News Discussion' started by MacRumors, Jan 23, 2013.

  1. macrumors bot

    MacRumors

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    #1
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    Tim Cook broadly addressed recent rumors that Apple may have cut iPhone 5 orders on weak demand. That particular rumor gained significant attention, resulting in a notable dip in Apple's stock price.

    Cook was careful not to address any particular rumor, but warned against trying to interpret single data points, even if they happened to be accurate:
    Cook made the comments during today's Q1 Results conference call.

    Article Link: Tim Cook Warns Against Trying to Interpret Supply Chain Order Rumors
     
  2. macrumors 68020

    LostSoul80

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    Jan 25, 2009
    #2
    Not easy to cover massive orders. Just saying
     
  3. macrumors 68040

    Dwalls90

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    Feb 5, 2009
  4. macrumors 68020

    applesith

    Joined:
    Jun 11, 2007
    #4
    Analysts buy on rumors of unreal expectations.

    WSJ picks up article by analysts with misinformation. Stock drops.

    There is no accountability in the media anymore. It's a sham. The media chooses who they want to win regardless of the facts and what is actually happening.
     
  5. MRU
    macrumors demi-god

    MRU

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    #5
    So Tim is doubling down on security on this one! ;)
     
  6. macrumors 6502a

    Joined:
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    #6
    While I have seen reports on the total number of iPhones sold last quarter, I have yet to see a report of how many were sold of the different iPhones models. If they really want to make that rumor go away, releasing those numbers is all that's needed.

    There is, after all, quite a difference between selling an iPhone 4 and selling an iPhone 5 when it comes to profit.

    Edit: There were lots of reports in September about how many iPhone 5 were sold. None now.
     
  7. macrumors regular

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    The Democratic Republic of Congo, you racist!
    #7
    Couldn't they get a better picture of the guy? He looks drunk.
     
  8. macrumors 68040

    neiltc13

    Joined:
    May 27, 2006
    #8
    So basically he is asking the shareholders to maintain blind faith in the face of disappointing results.

    There's no smoke without fire.
     
  9. macrumors 68040

    Bubba Satori

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    #9
    Damage control isn't nearly as cool as insanely great.

    Tim needs to get back to his old job interfacing with the UPS logisitics guy
    and Apple needs to find somebody with some vision and passion.

    Just sayin'.

    [​IMG]
     
  10. macrumors 6502

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    New York
    #10
    investors ain't buying it, APPL is down 10% in after hours trading. it's going to be ugly tomorrow.
     
  11. macrumors 6502

    Joined:
    Jun 16, 2010
    #11
    In other words... "Analysts are simply out to make a buck and just don't understand or care about understanding real business!!!!!"
     
  12. macrumors regular

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    #12
    What does APPL have to do with this?
     
  13. macrumors 601

    LagunaSol

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    #13
    Uh oh, Tim said "order cuts." They must be cutting orders again!!! Apple is doooomed!!!!! ;)
     
  14. macrumors 68000

    KylePowers

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  15. macrumors 6502a

    DesertEagle

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    #15
    Even the more reason to speculate now. Talk about fueling the fire.
     
  16. macrumors 6502

    Joined:
    Jun 16, 2010
    #16
    Disappointing results? Did you actually see the numbers or are you simply basing this statement off of some stock analyst's prediction?
     
  17. macrumors regular

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    The Democratic Republic of Congo, you racist!
    #17
    AAPL is down in after-hours trading due to "disappointing" earnings data. But it was higher than expected, as I've read... ???
     
  18. macrumors 68030

    Sedrick

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  19. macrumors 68030

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    #19
    The last number I saw estimated that the iPhone 5 is 68% of iPhone sales... with the iPhone 4S and 4 at 32%

    That's a huge drop in the percentage from a year ago... where the then-current iPhone 4S was 90% of sales... with the iPhone 4 and 3GS at 10%

    Yeah... they generate less profit selling an iPhone 4. But thinking about it optimistically.... a sale is a sale. It's better than some other company getting that sale.

    Apple's phones start at $450... which is a relatively high price across the globe. It's actually pretty remarkable that they sell so many phones despite that high starting price.
     
  20. macrumors 6502

    Joined:
    Feb 22, 2010
    #20
    It wasn't a "bad" quarter.
    They had record revenue and profit.
    It didn't meet the "whisper number". That number is an analyst guess and wish and you get penalized for knowing your own business and accurately indicating what you will do.

    Analyst suck.
     
  21. macrumors regular

    Joined:
    Jan 6, 2013
  22. macrumors 68030

    macs4nw

    #22
    Pure nostalgia. As likable as Woz is, and as much as he enabled Steve to do all these great things in the early years, and as much passion as he may have, Woz wasn't the visionary part of the equation.
     
  23. macrumors 6502a

    olowott

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    Dundee, UK
    #23
    AAPL and Apple are two separate companies

    i'll say it again.
     
  24. macrumors regular

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    The Democratic Republic of Congo, you racist!
    #24
    Actually, the revenues were below expectations and the profits above. Who cares about revenue if you're making profit?
     
  25. macrumors 68040

    Bubba Satori

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    #25
    People looking for guidance as to what profits might be in the future, not today's profits.
    If revenues and margins are not accelerating, are static or are going down,
    chances are pretty good that future profits might do like wise.
     

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