Amazing how $93B in revenues from ONE company for ONE quarter can be considered weak. How many Fortune 500 or 100 companies don’t even do $93B of sales in ONE YEAR?
Everything is relative.
Amazing how $93B in revenues from ONE company for ONE quarter can be considered weak. How many Fortune 500 or 100 companies don’t even do $93B of sales in ONE YEAR?
Great point if the sales were actually weak....Really Apple? Weak sales aren't to do with your ridiculous pricing?
And relatively, Apple is guiding for 6% higher sales than last Xmas, grew this quarter’s revenue 20% higher, and grew earnings 40% y/y.Everything is relative.
Apple blamed on foreign exchange costs, issues with supply/demand balance, and weakness in emerging markets
Going forward, Apple does not plan to break down unit sales of the iPhone, iPad, and Mac, a major change to the way that earnings data is presented. Apple will, however, continue to provide details on overall iPhone, iPad, and Mac revenue
They are guiding for a 5% revenue increase over last year.
I never complained too much about apple pricing as I clearly saw value in their product. but now even I have to say that I am reluctant to pay the premium for their lineup. I feel like price/value ratio increased to the point that it is not worth the asking price any more. And that come from person with significant disposable income and fully submerged in Apple ecosystem...
The momentum from Steve Jobs / Scott Forstall is fading away.
What data supports that? They are guiding for 5-6% higher revenue growth than last Xmas quarter, which was an already insane number. Now they guide for $89-93B and it's weak?The momentum from Steve Jobs / Scott Forstall era starts disappearing.
Whoa, go easy there! You probably only needed to get an XR, mate.I bought an iPhone XS Max yesterday, surely the should skew the results?
It really has gone up way too much.
Let’s not blame the obvious reason, high prices ! Greed Mr Cook...... you are creating Apple products for the elite these days. People are no longer upgrading each year, some , no longer
Yep, I agree. They aren't going broke, of you know what I mean.Weak?
$93B in sales is weak? They guided for $84-87B last quarter and beat it with $88B, so if they beat $93B with $95-96B, that will be a huge number.
Lol...I’m buying more shares.
They don't owe you an annual update. #entitled