Or d) None of the above (Apple has been regularly buying back shares for years. With basic mathematical understanding and a view of recent price activity, it should be no surprise that their average purchase price was higher than the current price.)
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
18 Key Takeaways From Apple's First Earnings Call of 2019
- Thread starter MacRumors
- Start date
- Sort by reaction score
Apple should pay close attention to super apps such as WeChat, particularly in emerging markets including China. WeChat is a cross-platform app. It is trying to do everything iOS does. Really, Everything. WeChat (and these super apps) is becoming an Operating System. In that sense, Apple should be really really concerned.
Last edited:
I’m gonna assume because they still sold a LOT of iPhones and this article is more positive than anything. We know why they sold fewer phones and made less revenue.
When you realize Apple has a roadmap past this year. Computers are about to go the way as floppy disk drives. 5 years tops, except for the most extreme cases.
I would bet any amount of money that you’re wrong. Computers (mostly running windows) are not going anywhere in business/government settings any time in the foreseeable future, let alone 5 years.
Maybe what it means is that they sold a bunch to carriers at heavily discounted price so carriers have a promotion of get one free. The question is how many has been sold to the customers probably not much. But it's Apple who got the last laugh they take the money and that's carrier problem now, it's up to them if they wanna give it for free or BOGO.
It does appear they were pretty much unaware of China. I bought some near that price as an amateur investor. I can't imagine having the kind of inside knowledge they do and not getting a better price. Apple really thought China would gobble up $1,000 to $1,849 phones because they were gold and had dual sims.
Hopefully they are back to reality and they seem to be addressing the crazy high costs in emerging markets. Even if they use Apple speak and say it is because they price in dollars. Nobody cares how they word it as long as the price goes down in markets where it was simply crazy.
Enough to fund NASA for 12 years.
[doublepost=1548867458][/doublepost]
Because the tables took a big chunk out of the 245 billion in cash?
They are one iPad away from me never buying a computer again.
Yet, this is a bullet point:
- Target, Taco Bell, and Jack in the Box stores in U.S. will accept Apple Pay soon.
Some basic math skills along with the knowledge that share repurchases are scheduled in advance will tell that your "takeaways" are incorrect.
Anecdotally, my son has an iPhone 7 that is paid for and he has not expressed an interest in buying a new device (he is early 20's). My wife's youngest (late 20's) kept his iPhone 5 for about 4 years before it basically would not hold a charge and then moved to an iPhone 7 Plus, which is paid for and he has not expressed any interest in buying a new device. They both seem completely satisfied with the horsepower and feature set.
My wife and I changed carriers and took advantage of an iPhone XR promotion, while giving one of our 6s Plus devices to a family member. We both love our devices, although the changes in certain scenarios (Apple Pay, screenshots, turning on and off) and the gestures that are completely different from our old iPhones have been annoying, although we both seem used to them now.
I have yet to see anyone else with an iPhone XR, but I see iPhone 6/6s/7 style devices everywhere I go. I really do not even see iPhone 8/8 Plus that much at all yet. I do not know how many 7's Apple sold, but that seems to more than enough for most people. Again, purely anecdotal and not scientifically provable in the least.
It's because most people are buying iPhones on installment payments. Plus people upgrade their phones faster than they upgrade their computers.
Maybe you guys have! Just yesterday I was sitting next to someone with what I thought was a iPhone X/XS. It wasn't until he placed his phone on the table screen-side down that I noticed the single camera and realized it was a XR (phone was in a case). All this to say that at first glance, even though the bezels are thicker, one can't tell...at least I couldn't.
All those people should stop right now their uncool and boring work and do creative stuff like drawing with your hands on a micro screen 13" iPad or editing cat videos.
I just ditched my thousands of Excel sheets. Now off to buy one of those brake less bikes and other cool stuff.
I guess this must be good news to the markets because Apple's stock is up almost 5% as of 12:30 EST today.
And...adding that for 2018, Apple replaced 11 million batteries under their $29 battery replacement program. Up from the usual 1-2 million yearly battery replacements.
I remember when everyone said Apple computers were "too expensive".
[doublepost=1548870270][/doublepost]
In consideration of the fact that the first quarter was the 2nd best quarter in the companies history, and that Apple beat the ANALysts earnings estimate, the stock price drop was engineered to make money for hedge fund managers and quants based on fake negative news.
And then in the last four months of 2019, China had an economic downturn and a pretty severe setback across the board on the sale of high-priced consumer goods.
I remember when people paid that extra expense because Macs were worth the premium. Now if you buy a Mac without Apple Care you're a fool due to how poorly designed they are.
Yeah... I remember people saying that going back decades. Nothing new - people love to complain and whine about Apple's high prices.
The good news is there are loads of less costly computers/phones if someone can't afford Apple's products.
$750 vs. $1,000. That might be believing it!
[doublepost=1548870464][/doublepost]
How do you figure that? They just updated the Mac mini. And having bought one myself, the 6-core model actually, I can tell you it is a fine, fine machine.
"Apple really thought China would gobble up $1,000 to $1,849 phones because they were gold and had dual sims."
That gave me a hearty laugh. And, so true [Oblivious to the China brands making iPhone not-invented-in-here pushovers].