Bingo! Current numbers do not matter as much as future numbers when it comes to stock price. The iPod growth numbers are really low. Investors are seeing the iPod cash cow potentially coming to an end. Apple also is giving a lower guidance...
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Apple 1Q 2008 Results: Record $1.58 Billion Profit
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Bingo! Current numbers do not matter as much as future numbers when it comes to stock price. The iPod growth numbers are really low. Investors are seeing the iPod cash cow potentially coming to an end. Apple also is giving a lower guidance...
Thanks. Just read more reports. I guess the iPod sales were short, and the outlook for Q2 not so hot.
Looks like the computers will continue to do well, but consumers won't be buying very many iPods the rest of the year - need money for essentials instead...
It looks like Apple's usual overly conservative guidance is giving people palpitations even more than usual because of the overall market climate. Sigh.
Its more a case of the market being saturated. Zune is what, #2? With sales of less than 3m in 18 months. Here we have 22m iPods in a quarter.
They do this every quarter, and every subsequent quarter they slaughter their own guidance as well as market expectations. I'm sticking with projections from a couple of weeks ago of a near-$250 stock price target.
Plus, I was in the (Houston) Apple store yesterday, and it was jammed with customers. They were actually buying, not just playing, and there were about 5 one-to-one training sessions going on. It's anecdotal to be sure, but I don't think this train is slowing any time soon.
Let's see.
Revenue growth.
Margin growth.
Cash profit growth.
CPU sales way up.
That sounds like good news to me.
Rocketman
Revenue growth.
Margin growth.
Cash profit growth.
CPU sales way up.
That sounds like good news to me.
Rocketman
The stock in tanking in after hours. They sort of deserve it for not addressing some of the holes in their product line. Apple my friends has become a "niche" computer maker again. The MacBook Air is proof.
From who?
Well, he's kind of right.
You know how Vista's biggest competition is XP?
Well the iPods biggest competition is LAST year's iPod! Lots of people have them now, and since last year's iPod is just as good as this year's Zune, many people are fine holding onto the iPod and buying nothing.
I'm case #1. I'm still using an iPod mini and am perfectly happy! I replaced the battery last year and it's going strong. I'll probably replace it in 2009 with whatever's new then.
THAT's why iPod growth is slowing...people are pretty happy with the iPods they've got!
$9.6 billion in revenue?? Just to think only a few years ago Apple couldn't pull in that much in a year!
People should start asking WHEN Apple is GONNA take over Microsoft...MS is DEAD.
According to the conference call, iPod market share last quarter was "consistent" with the year ago quarter, according to NPD's data.
In other words, it sounds like the market is pretty saturated right now, and it's impractical to think that the market will grow at a 30% clip indefinitely.
Glad to see the Mac growth continue. Woot!
In other words, it sounds like the market is pretty saturated right now, and it's impractical to think that the market will grow at a 30% clip indefinitely.
Glad to see the Mac growth continue. Woot!
>$1.5B 3 month profit
>$18B in the bank
But they had to pull developers off Leopard to finish the iPhone
>$18B in the bank
But they had to pull developers off Leopard to finish the iPhone
Key developers, ones with knowledge of something are hard to clone... you just can't bring folks on board and get instant returns. Looking at the iPhone it looks like the developers involved related to Cocoa (UIKit on the phone looks like a next generation version of AppKit).>$1.5B 3 month profit
>$18B in the bank
But they had to pull developers off Leopard to finish the iPhone
Actually the new pink nano is going to change all that. I'm already thinking about getting one.