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Apple CEO Tim Cook: iPhone X Has Been the Top Selling iPhone Every Week Since it Shipped

boltjames said:
I view like this: There is no way to game the system. Whether leasing or owning the car companies win. The only way to make a few bucks in the game is if you buy and keep the car for over 8 years and are incredibly lucky and never have a major repair whilst out of warranty. Drive the same old car for 8 years, there goes the transmission, and in one shot there goes all your savings, you should instead of chosen to lease perpetually as you'd have been in your third new car at that junction with $0 in out of warranty costs.

Yes, smart rich people lease because the delta between buying/selling and leasing perpetually is such a small amount it doesn't move our needle either way and if you choose the right car company with the right warranty you'll never have a repair or maintenance bill. That and you're always in a brand new car which is a great luxury to have. The way I've set up my lease and my wife's lease we're bringing home a new car every 18 months, gets the kids excited.
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But leasing is still more expensive than buying, all else equal. You’re getting smoked for bringing home a new car every 18 months, and I’m sure you know that.

You’re paying for the luxury of trading your car every 3 years. At the end of 3 years, you had the pleasure of driving it and nothing else. It’s renting.

I don’t know your definition of rich, but I can afford to lease cars and I still choose to buy. Everything moves the needle, just how much is relative.

Objectively, leasing is more expensive than buying and driving for a reasonable period of time. Of course if you buy new and trade every 3 years, it’s worse than leasing. But these people leasing thinking they are saving money are just stupid.

Leasing today is a means of getting into a more expensive car for most people. It’s all about monthly payment for most. I pay cash for my cars, so it’s a one time expense until the next one.
 
ackmondual said:
[shrug] Not much different from people who say Android is awful because it's Android, even though many of us here are perfectly happen with them (not to mention there's a full market of Android users).
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Well anyone who says that is an idiot. Anyone who says either iOS or Android is awful is an idiot. The difference in features between the two becomes less and less every year. It’s more a point of personal choice at this point whether you prefer something very simple and clean or something with a lot more ability of customisation etc
 
davie18 said:
Well anyone who says that is an idiot. Anyone who says either iOS or Android is awful is an idiot. The difference in features between the two becomes less and less every year. It’s more a point of personal choice at this point whether you prefer something very simple and clean or something with a lot more ability of customisation etc
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There is no Android vs. Apple war. There are Android people who try to convince Apple people that Android is great and then there are Apple people who have no idea what Android is and never will.

I'm sure Kia makes a great car. But I'm a BMW man. The brand satisfies me. I'd never look at a Kia in a million years. Same for iPhone. With a product as flawless as iPhone and iOS, who needs to stray?
 
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davie18 said:
Lol I was getting told I was an idiot here for disputing people who were saying the iPhone X is a failure
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There are plenty of other articles, most of them say the sales are down in units. So much so that Apple cut display orders for iPhone X in half. So yeah, they most probably were right.
 
Cku said:
There are plenty of other articles, most of them say the sales are down in units. So much so that Apple cut display orders for iPhone X in half. So yeah, they most probably were right.
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Apple only reports iPhone sales en masse. That means when Tim Cook says that the iPhone X was the most successful iPhone rollout in history, he's including iPhone 6S and iPhone 7 sales too along with iPhone 8 & iPhone X.

So yes, the iPhone X was largely a failure. It did not meet sales projections. It's that simple.
 
Of course it is the top-selling iPhone... if it cannot beat iPhone 6ss or SE then Apple is truly doomed. While Tim is really stating the obvious, some X-lovers are claiming victory.
 
Cku said:
There are plenty of other articles, most of them say the sales are down in units. So much so that Apple cut display orders for iPhone X in half. So yeah, they most probably were right.
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Not really. It’s not as though they are all unique, individually verified reports. It’s simply one rumour, repeated parrot fashion in multiple places.

And the thing about them cutting production in half didn’t add up anyway. I can’t recall the exact figures, but was it something like they were cut from 60m to 30m for a quarter?

Given that even in record breaking years Apple shifted around 70m iPhones in one quarter, we were supposed to believe that Apple expected to shift 60m iPhone X’s alone? Plus tens of millions of the 8 and 8 Plus?

It’s almost as though people lap this stuff up without so much of a though that it might just make no sense whatsoever.

This might be worth a read:

https://www.macworld.com/article/32...l-doing-it-the-unkillable-iphone-x-rumor.html


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BaltimoreMediaBlog said:
Apple only reports iPhone sales en masse. That means when Tim Cook says that the iPhone X was the most successful iPhone rollout in history, he's including iPhone 6S and iPhone 7 sales too along with iPhone 8 & iPhone X.

So yes, the iPhone X was largely a failure. It did not meet sales projections. It's that simple.
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What were:

It’s sales projections?

It’s sales figures?
 
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BaltimoreMediaBlog said:
Apple only reports iPhone sales en masse. That means when Tim Cook says that the iPhone X was the most successful iPhone rollout in history, he's including iPhone 6S and iPhone 7 sales too along with iPhone 8 & iPhone X.

So yes, the iPhone X was largely a failure. It did not meet sales projections. It's that simple.
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Yet they may more money, I wish I could fail like that...And we have no idea what Apples sales projections are seeing how they don't share that info.
 
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BaltimoreMediaBlog said:
Apple only reports iPhone sales en masse. That means when Tim Cook says that the iPhone X was the most successful iPhone rollout in history, he's including iPhone 6S and iPhone 7 sales too along with iPhone 8 & iPhone X.

So yes, the iPhone X was largely a failure. It did not meet sales projections. It's that simple.
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Or the iPhone X was largely a success. It exceeded sales figures. It’s that simple.
 
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BaltimoreMediaBlog said:
Apple only reports iPhone sales en masse. That means when Tim Cook says that the iPhone X was the most successful iPhone rollout in history, he's including iPhone 6S and iPhone 7 sales too along with iPhone 8 & iPhone X.

So yes, the iPhone X was largely a failure. It did not meet sales projections. It's that simple.
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And that X is top selling among all iPhones that Apple is selling at this time...without much carrier incentive i might add.
 
Simple, people aren't upgrading every year like they used to and it's going to be worse if Apple keeps practising these ridiculous prices for a phone that does more or less the same as their current one.
 
Tim Cook already on February 2, 2018, said that iPhone X was the best selling iPhone every week in the last quarter- and even through January 2018.

Many "journalists" or "analysts" have twisted words or tried other ways to spin a negative story about Apple.

Apple will do another quarterly report early in May - not sure the date has been announced.

I would bet dollars against donuts that Apple performance meets it's own guidance numbers.

All the negative blather about iPhone X seems to be not worth paying attention to. The stock is being held back, and this represents a big opportunity to buy shares. Better yet, but with some risk, buy some cheap calls several months ahead with the potential to triple or quadruple :)
 
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Thai said:
Nikkei is just trying to explain away their previous reports of doom!! LOL

Let WSJ tell you: https://www.wsj.com/articles/foxconn-profit-up-as-iphone-productionglitches-fade-1522422727
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WSJ report is incomplete and optimistic while Nikkei report is detailed and realistic.

WSJ
"Foxconn Technology Group posted a better-than-expected 4% rise in fourth-quarter profit"

Nikkei
"Foxconn posted net profit of NT$71.65 billion in the October-December quarter, up 4.2% on the year, but that growth came mainly from an NT$66 billion gain tied to the disposal of Sharp's preferred stock at the end of December rather than iPhone sales."
 
mi7chy said:
WSJ report is incomplete and optimistic while Nikkei report is detailed and realistic.

WSJ
"Foxconn Technology Group posted a better-than-expected 4% rise in fourth-quarter profit"

Nikkei
"Foxconn posted net profit of NT$71.65 billion in the October-December quarter, up 4.2% on the year, but that growth came mainly from an NT$66 billion gain tied to the disposal of Sharp's preferred stock at the end of December rather than iPhone sales."
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That is interesting to me - so thanks for pointing this difference in the reports.

What do you make of my opinion about Nikkei, which is that it seems to me that "Nikkei" has told big lies about AAPL stock in January 2018 and I believe they tried the same sort of lie (more or less) in January 2017. The lie was that "iPhone X sales were bad and they are cutting production" - that sort of thing. I think that the Nikkei stuff was wrong. Do you agree? And I'd like to know what you think about this quarter for Apple and what you think AAPL stock will end up doing in mid-May

For a lot of reasons I am still doubling down on my AAPL bets for the coming months. I hope I am right :). I am pretty confident that I am, but I can't fight the markets and win every time :)
 
BuddyTronic said:
All the negative blather about iPhone X seems to be not worth paying attention to. The stock is being held back, and this represents a big opportunity to buy shares. Better yet, but with some risk, buy some cheap calls several months ahead with the potential to triple or quadruple :)
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Isn't anything a 'risk' though these days? Spending $$ on lottery tickets every week/every year thinking you will win (one day) is a 'risk.

By the time you DO win, you may have lost more than that buying tickets. Therefore, you not really better off
 
BuddyTronic said:
That is interesting to me - so thanks for pointing this difference in the reports.

What do you make of my opinion about Nikkei, which is that it seems to me that "Nikkei" has told big lies about AAPL stock in January 2018 and I believe they tried the same sort of lie (more or less) in January 2017. The lie was that "iPhone X sales were bad and they are cutting production" - that sort of thing. I think that the Nikkei stuff was wrong. Do you agree? And I'd like to know what you think about this quarter for Apple and what you think AAPL stock will end up doing in mid-May

For a lot of reasons I am still doubling down on my AAPL bets for the coming months. I hope I am right :). I am pretty confident that I am, but I can't fight the markets and win every time :)
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You’re asking a guy who will literally believe anything bad about Apple if he believes somebody was wrong about something bad they said about Apple. No, he won’t believe they’re wrong.
 
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Michael Goff said:
You’re asking a guy who will literally believe anything bad about Apple if he believes somebody was wrong about something bad they said about Apple. No, he won’t believe they’re wrong.
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It's about credibility like when you wrongly insisted that LG V30S was getting released in March but it's now April. For that I'm likely to believe others before you. Nikkei is just more credible with the level of detail and they're closer to the region they're reporting on. Just like someone that lives in Colorado doesn't rely on getting local news from Australia.
 
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BuddyTronic said:
All the negative blather about iPhone X seems to be not worth paying attention to. The stock is being held back, and this represents a big opportunity to buy shares. Better yet, but with some risk, buy some cheap calls several months ahead with the potential to triple or quadruple :)
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I'm not sure if the stock is being held back per se. I was looking at some stats, and growth has been a little stagnant the last 3 years in iPhone sales. If Apple can grow their services sectors, then it might be something. Also, Apple is going to be burning a lot of cash into their video experience. It will be interesting to see if they can grow their revenue given their past attempts at video. Who knows though. I usually buy when everyone is bear.
 
mi7chy said:
It's about credibility like when you wrongly insisted that LG V30S was getting released in March but it's now April. For that I'm likely to believe others before you. Nikkei is just more credible with the level of detail and they're closer to the region they're reporting on. Just like someone that lives in Colorado doesn't rely on getting local news from Australia.
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Oh no, I was wrong about one thing. I surrender. Continue your pointless hatred of everything somewhat related to Apple. I am defeated.

Oh, and do you really want to pretend a single mistake or wrong statement destroys credibility? Because Nikkei is still trying to push the narrative that the X flopped when Tim Cook blatantly said it was the best selling iPhone model as long as it has been out. So I guess they’re not credible either.

And let’s not get started on a search through your posts because I’m sure we can find plenty of times when you’ve been wrong as well.
 
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mi7chy said:
It's about credibility like when you wrongly insisted that LG V30S was getting released in March but it's now April. For that I'm likely to believe others before you. Nikkei is just more credible with the level of detail and they're closer to the region they're reporting on. Just like someone that lives in Colorado doesn't rely on getting local news from Australia.
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I don't think the LG stuff is important - it sounds like a bit of a discussion between you and another guy.

On the AAPL topic, I do not think Nikkei is credible at all. I also don't think it matters very much that they are in Japan and closer to the action. Nikkei has proven themselves to me to be a propaganda outfit when it comes to AAPL stock news. Someone has an agenda to push their misinformation too. For instance Reuters quoted the erroneous Nikkei article. This adds weight to some pseudo credibility factor on someone's computer screen, or maybe the propaganda these days is not aimed at people like "hedge fund managers" or other human beings who are controlling billions of dollars of trades, rather, the propaganda might be aimed more at the stock trading robots that the hedge fund managers are using.

I am really curious about it - it's a bit of a conspiracy theory maybe, but hey, I have lots of time for this hobby :)

I can't figure out how the Nikkei article, based on NOTHING and written by "STAFF WRITERS" got quoted and reposted by Reuters and so many other supposedly "credible" financial news sources.

Anyone else out there thinks it is horse bananas? Or am I deluding myself? I think it is a significant big deal.
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Tech198 said:
Isn't anything a 'risk' though these days? Spending $$ on lottery tickets every week/every year thinking you will win (one day) is a 'risk.

By the time you DO win, you may have lost more than that buying tickets. Therefore, you not really better off
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Well, actually the way I see it - No.

I think my bets are probably most likely based on real things about the stock market and the company.

I believe the AAPL stock price is lower than it should be.

My theory is that eventually the truth comes out, and the stock should go where I think it should go - which is UP
 
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