Yep, not surprised by this quarter at all but expected it. It's the longterm that is concerning. Apple's focus on music tells you all you need to know about the state of Siri. Mac focus is simply awful which is critical for future as well as iphone. Cook needs replaced with someone who understands this.
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Apple CEO Tim Cook: iPhone X Has Been the Top Selling iPhone Every Week Since it Shipped
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Yep, not surprised by this quarter at all but expected it. It's the longterm that is concerning. Apple's focus on music tells you all you need to know about the state of Siri. Mac focus is simply awful which is critical for future as well as iphone. Cook needs replaced with someone who understands this.
Actually, I think their focus on music tells you about their focus on music. As for replacing the CEO, don't think there will be many calls for that when they've matched their own forecasts for revenue and margin.
Overall, it's the same old cycle:
- Apple announces product.
- Internet trashes product, says it'll fail.
- Apple sells metric ****-ton of product.
- Repeat.
Not surprising. Easily the best iPhone they have come out with. Reminds me of when I had the original.
You can beat the data anyway you like. One can suppose Babe Ruth's single season record of 119 extra base hits would be 150 if he played today's 162 season. But records are what they are. Also, the quarter ended on Dec 30. It's started late, not ended late and retail had an extra weekend for sales this Christmas if you want to add in facts. I don't think you can point to the calendar.
The reality is the iPhone 8 was not a strong seller at launch and the X could not make up that volume but it did make up the revenue. But raw iPhone sales were down unless you start rationalizing. For a time last night investors were doing that as AAPL ticked up. But then common sense took hold and it went back to flat. Still lots of questions unanswered about the information we received last night. It's a mixed picture short term
I don't understand why people continue to hate on Apple, at least when it comes to their earnings or whether or not the X is deemed a success. Why does it matter to you? Don't you have better things to focus on in life? The greatest American company of our time continues to put out good products and keep their customers and shareholders happy. Why does this anger you? The bitterness on here is insane to me.
I don't believe that anyone who posted to this thread 'hates apple'. It's about the success or otherwise of the iPhone X. I happen to think that the X has not been as successful as Apple expected, the reasons for this being articulated daily on this forum.
What's more annoying is the opposite 'apple can't make mistakes' , 'I need to validate my X purchase' crowd.
That's fair, but what's your reasoning for not seeing the X as a success? I guess I don't see the point in pushing that narrative in forums when it's clearly false.
[Chupa, chupa. (suck, suck in Spanish, LOL!)]
Your summary is spot on. The SUM[gross.margin X volume], where i={device,...} is what TC tracks like a hawk, not raw volume. [This speaks loudly of a "SE Mark II" made of bin parts on TC's horizon, which may have a gross margin >40%.]
On my side, the X is priced beyond what is reasonable by a factor of two.
[My wife said clearly: "[Expletive], we can go to Paris round-trip with the price of two Xs!" And, I added my own [expletive, Yes!] LOL.]
And, as the price of the X keeps climbing, the gap between a next-gen X and a new 15-in MBP will look a bargain.
You are totally missing the point of all my posts, I am not sure how else to say it. You keep posting the same thing, but has nothing to do with what I posted.
Many posts are saying that the X sold more than the 8 (or 8 and 8 Plus as I assume people are bunching them together), which is not what Cook was quoted saying.
This is his quote:
Tim Cook said:
Which says that the X has been the top selling iPhone every week since it came out. NOT that Apple sold more iPhone X units than the 8. Just like to date, Apple has not sold more 8 units than the 7, but the 8 is probably outselling the 7 each week since the 8 launch.
Now, for a totally different topic than what I was posting about....
I don't think it is clearly referring to individual model sales, but even if it was, that is not really saying anything surprising, if anything it is expected. It would be more impressive he meant families of iPhone, but it still wouldn't be surprising.
Regardless of if it is family of iPhones or individual iPhones, it is not surprising that the most recent new model is currently selling more than the older models on a individual or family basis. If this was not the case, I think the iPhone X would be in trouble.
But, going back to the original post, this does not mean that the X has outsold the 8 and the 8 Plus, or even the individually the 8 or the 8 Plus. It may have, but that is not what Tim Cook said.
Its simple jealousy, they can't afford the products so they hate on the company. Pretty childish isn't it, but some folks never grow up.
"Can't afford the products" wreaks of entitlement. Looking at your signature, it's clear your pockets run deep for Apple, but come on. I paid $900 all-in for my Pixel, still an expensive phone, because it's the device I prefer. There are plenty of affordable iPhone options out there.
How can none of you figure out what he said. Tim said the X is the best selling, non selling iPhone ever. lol.
That's the dumb money. It doesn't take much at CEO to keep that going. The smart money is macs which enables all of that. IMO, iphone, iOS, and that whole ecosystem isn't sustainable longterm by itself. Mac is Apple's foundation.
OMG..Apple sold more X's than 8's or they made a gazillion from iphone or apple didn't sell as many as expected. None of that matters much. Apple can quickly make adjustments here anyways as it sees fit (price, positioning, etc and it's only months away from the next model).
Mac sales matter most. Services such as Siri matter. You want to see iphone sales explode and make more dumb money? Sell more Macs and revive that ecosystem. Get them back into schools. Google's POS chromebook is wiping Apple's butt in education as Apple starts to become irrelevant.
JMO though. Guess time will tell. Obviously for the shortterm they'll continue to rake in the dough. X Plus will set more records for them. But we'll see 5-10 years down the road what's next. There's only so many ways to iterate an iphone if your AI stinks, other services remain subpar such as Maps, you abandon software for most part because you think it's a loss, and you let your main foundation keeps cracking up...Macs.
I'm not a hater. I love Apple. I just hate to see the neglect on what I really love about Apple other than doing JUST enough to keep Macs afloat.
In many people's eyes, the iPhone is a failure. It just depends on your point of view or the definition of failure. It's quite obvious iPhone sales didn't meet Wall Street's expectations and now Apple's value has gone to crap. It would be hard to tell if more consumers didn't buy the iPhone X because of the notch or because it was too expensive for them, but either reason could be considered a failure on Apple's part. Let's just say that Amazon never fails. Every product, service and venture for Amazon is considered successful. Apple is unable to get that winning formula right like Amazon has. I'm fairly certain Tim Cook can be blamed for not finding that winning formula.
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There's no guarantee Apple will ever see $180 a share. It's too easily to fabricate stories about a failing Apple to scare investors away. It's also far easier for investors to make easy money from choosing any FANG stocks which Wall Street has given their blessing of guaranteed share price gains. Amazon was able to gain 6% in value while Apple's earnings caused a 1% loss. To me, that's the most telling fact that Apple is basically considered a company with zero growth potential. Why would investors choose Apple over Amazon unless they wanted to throw their money away? Apple made $20B in profits and for Apple shareholders it might as well have been a fat zero.
I’m not rationalizing, I’m just reporting what was said on the call:
If you want to call average the weekly sales metric spin you can. I choose not to.
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Let’s face it. It bugs some people that the X is a success. It bugs them because they think it’s an overpriced flawed product and they want it to be a failure in the marketplace so they can be proven right.
I don't see this admitted much. But I'm staring at my iPhone 8 with a bit of buyer's remorse that I didn't wait for the X. It will be a long 7+ month wait for the next models.
Android users have become very judgemental about Apple products since the announcement of the iPhone X. I have an iPhone X and a lot of people at work says various things about the Face ID and most of the time their argument is that it is not practical etc. None of them have ever used one though.
I was like that too but when I heard that the next versions of the X will have higher ram and longer battery life, and possibly better faceid accuracy, I don’t regret waiting another 7 months
You're the first I have seen on these forums. Most will never admit that. The 8 is still a great phone, but I have really enjoyed the X. What's good is that you'll get an even better version this year.
I bashed the iPhone X when it came out and I regret doing it because I got a iPhone 8 Plus and I regret it but like you said I can get a better version of it this year
I bashed the iPhone X when it came out and I regret doing it because I got a iPhone 8 Plus and I regret it but like you said I can get a better version of it this year
What were your reasoning for bashing? I feel like most were just reluctant to change (I get that, it's a big change), but I have actually been surprised on how great it all works, although Face ID could use more extreme angles and landscape. I am sure that'll come in version 2.
