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Really Apple? Weak sales aren't to do with your ridiculous pricing?
Great point if the sales were actually weak....

Revenue is up20% y/y and earnings were up 40%.

They guided for a record holiday quarter and likely sandbagged like last year. $95B in revenue is entirely possible and that’s 8% more than the $88B they put up last Xmas quarter after guiding $84-87B.

Please use facts next time and don’t read headlines.
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Everything is relative.
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.
 
Apple blamed on foreign exchange costs, issues with supply/demand balance, and weakness in emerging markets

Summary: Products too expensive.

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

Summary: Obsfucation

Perhaps we've seen peak .
 
My attitude is that Apple under Tim Cook had a lot of forward inertia owing to Steve Jobs. The inertia could be used to build an array of products that all fit in the ecosystem. I felt if Cook squandered that amazing gift of inertia, eventually Apple would start losing momentum.

Cars and trucks are part of that system. Not just phones. Laptops, workstations, networking, etc. are what fills it all out and makes it work.

Tim loves his fashion, so we have some speakers, and some headphones, and animojis, etc. But no decent upgrades to the critical parts of the system (i.e. computers - real computers, not just out of date, thin toys). I have most devices, but I don't need to spend 1k for a phone when I use an iPad (I have two of those). Don't want or need that ugly watch.

It looks like the inertia is starting to slow. Now would be the time to get the house in order Tim - or go join The View.
 
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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...


I totally agree with this. I’ve had every version of the iPhone and I remember thinking how $850 was pushing it for the top model. And now with device installments I’m looking at $65/month for the new iPad Pro via AT&T. I think Apple is firmly aware they’re alienating the masses of the Pro user market and therefore investing all of that loss into the mobile area and therefore increasing these device prices like crazy. The only reason I won’t switch to anyone else is because the services are amazing and I can’t stand software fragmentation.
 
Pretty sure this has to do with phones reaching a peak and desire to upgrade each year is fading. after all, the iPhone is their main money maker.
 
The momentum from Steve Jobs / Scott Forstall is fading away.

I think that’s been gone for a while personally. There used to be much more frequent hardware upgrades (I remember when there was a new product launch every 3-4 months of the year, not only September and October with delays and back orders until mid next year).
 
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The momentum from Steve Jobs / Scott Forstall era starts disappearing.
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?

TERRIBLE headline, but you can at least attempt to understand what Apple said versus simply reading the headline here.
 
The weak € will definitely lower Apple's revenue in dollars unless they hike prices. It is a shame that a currency once 1.5x the dollar has been destroyed between the Greek debt crisis, then Brexit and all of the political chaos. It's now much cheaper for me to visit Europe but it is a disaster for the European people.
 
Last year I bought an iPhone X, a series 3 Apple Watch and a 10.5 inch iPad Pro with accessories. This year the price points have all just tipped past what I can justify. I’ve bought an XS max and wanted a new watch and iPad. I would have probably got them if they and the phone hadn’t all stepped up their pricing. I’m an apple fan boy, but even I’m now starting to think updating every other year is going to be my limit and a move which will actually see me spending less with apple overall.

Fair enough that they want to increase per unit profit, but if that means the number of units sold drops below the balance point then so will their income. Hopefully to a degree that they start lowering prices which they can surely afford to do.
 
I believe it. Currency fluctuations here in the U.S. are horrendous. 20-25% inflation this year alone.

Personally, I’ve decided to skip all iPhones, Macs, iPads, Apple Watches this year. None are worth the price.

I’m assuming that over next few years, it’ll be even more not worth the price.
 
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