I’m neither ready nor unready. They aren’t giving me any of those billions. I also don’t own any of their stock. I’m just the idle curious up in the peanut gallery.
If you DID own some stock, they would "give you any of those billions".
I’m neither ready nor unready. They aren’t giving me any of those billions. I also don’t own any of their stock. I’m just the idle curious up in the peanut gallery.
The numbers don’t agree with your personal assessment.You don't need to read headlines to know $1000 is too expensive for a marginal upgrade. The upgrades to the X vs the 8+ aren't worth the $. That is from a former X owner.
I think you and I are literally the only 2 people that understand the TSMC results and their relation to Apple.Check again what TSMC really reported vs what you have been told by analysts who didn't really understand or listen to the TSMC report. TSMC is doing just fine. Propagandists just twisted their words to make it seem like there was some big trouble there, but it simply is not true. TSMC performed according to their own guidance numbers very well.
Too often, propaganda like this is rubber stamped as the truth - but what is the real origin of the story that TSMC gave bad news about Apple - because they really did not.
Any public company has to listen to shareholders because we own the company.I hope there is a huge drop in sales and the shares fall considerably. I’m a customer not a shareholder and I want Cook to focus more on pleasing his customers and less on pleasing his shareholders.
iPhone X under-performed based on everyone's expectations.
From Samsung, SK Hynix, to TSMC's own CEO who lowered their revenue guidance due to soft demand for a "very high end smartphone." Those suppliers were not idiots.
Apple already increased the price tag on iPhone 8 by $50 last year.
The explanations you offered should be up to Tim Cook to explain. But the end result is the same. We're expecting a steep decline in revenues for a once in a decade iPhone refresh.
It's hard to understand the analogy because the moon does in fact vanish almost every night. It's called "morning".Why not a peep? Because it's as likely as the moon vanishing later tonight.
I really hope Apple can pull through, I like to root for the underdogs.
I don’t see the same panic every quarter around Amazon, Google or Microsoft.
You have to look at trajectory, not position.What the actual SNAP?! Can I call Google that, too? It's not 1990 for Apple. It's not 2001 for Google. If anyone really see Apple as the little guy shoving elbows just to get a seat on the big bus is astonishing, seeing history unfold as it has.
The numbers don’t agree with your personal assessment.
AAPL sold 7% more phones y/y when adjusted for the 14 week quarter and iPhone sales were $62B vs $54B y/y. Adjust the $62B to 14 weeks and you’re more like $67B in iPhone sales, or a 25% increase y/y. ASP was $796, almost $100 more.
iPhone X was a huge success, at least in FYQ1 and it sold for less than 2 months and quelled iPhone 8 sales.
Your opinion is not relevant to the overall story and I quoted numbers for FYQ1, which are official. Blowout.You don't need #s to understand that the X is a marginal upgrade in my opinion. There are no official #s yet until Apple gets on a call around 4:30 pm EST.
You don't need #s to understand that the X is a marginal upgrade in my opinion. There are no official #s yet until Apple gets on a call around 4:30 pm EST.
The "world's" trajectory for Apple has been wrong for years. Apple is buying back their shares because they are cheap and that alone is going to create a double in AAPL over the next 5 years without any growth whatsoever.Note that the world's assessment of Apple’s trajectory is not necessarily as rosy as Apple’s assessment:
https://www.zerohedge.com/news/2018...areholder-payout-offset-iphone-disappointment
MR is not doing the analysis, they are just reporting Wall Street expectations/predictions.BGR and others in the media reporting doom, MR reporting a record breaking quarter. Not sure who to believe!
The numbers don’t agree with your personal assessment.
AAPL sold 7% more phones y/y when adjusted for the 14 week quarter and iPhone sales were $62B vs $54B y/y. Adjust the $62B to 14 weeks and you’re more like $67B in iPhone sales, or a 25% increase y/y. ASP was $796, almost $100 more.
iPhone X was a huge success, at least in FYQ1 and it sold for less than 2 months and quelled iPhone 8 sales.
You have to look at trajectory, not position.
Apple today is what Blackberry was in 2007. Amazing at what they did and the de facto standard among wide swaths of society.
But also camping on ten-year-old ideas with no significant game changers in the R&D pipeline.
If you were at Blackberry in 2008 you would be reveling in the greatest balance sheet in the company's history...and in dominating your market space!
What you would not realize and what Apple does not realize is that the old ideas can't carry you forever.
And in case you don't think that the comparison is fair, remember that Blackberry at it's peak was #1 in the smartphone market.
Apple is currently #2 and declining.
Scroll through this and tell me that Blackberry didn't just have a few revolutionary ideas from the 90's that they milked all through the 2000's for obscene profit:
https://www.engadget.com/2009/12/28/ten-years-of-blackberry/
Meanwhile, every world-changing paradigm at Apple was developed by Steve Jobs.
Since then, they have invented dongles and baubles and earphones and a speaker that no one bought. And a watch that didn't really take off.
So yes, it's 1990 again for Apple. They just don't know it yet.
Note that the world's assessment of Apple’s trajectory is not necessarily as rosy as Apple’s assessment:
https://www.zerohedge.com/news/2018...areholder-payout-offset-iphone-disappointment
It doesn’t matter what the numbers are. The detractors will always try and twist them to suit their agenda and move the goal posts.No, I disagree.
Apple guidance is key. Last quarter they gave guidance for this quarter and they will meet it. Whatever the street thinks they want to see, and whatever the whisper numbers are represents a playing field for traders, and not much more than that.
The real story is Apple financial performance - it is "Stellar".
By one measure, if Apple guidance numbers are met for this quarterly report, "iPhone blah blah will have grown 15% last year quarter to this year quarter". You can twist words around and so forth, but Apple is about to show you double digit growth and beat some records today - as they have done over the last many many years actually.
It's the biggest company in the world. It has Billions of dollars. It's nothing but a happy story for Apple. You actually have to really try hard to find something going wrong for their business.
Sure they have problems with this and that - Siri could be better, they were late on the Home Pod release, but so what really? In a longer time period than we will wish for, it all gets fixed up.
Apple is primed to be boosting R&D to the highest in the sector - higher than Amazon for instance. Forget the "sector" - I'd guess that Apple R&D expenditures will be the highest in the world. Would I be wrong about that guess? I wonder. How much money does the government spend on airplanes and space programs etc compared to the Billions Amazon and Apple are spending on tech? I'd like to get a feel for that scale of R&D expenditures and then see if it's "1990" again for Apple. lol.
Apple is primed to up the dividend and make a huge buyback of stock announcement here.
India is growing and guess who is getting all the profits from "smartphone" revenues?
China maybe had a hiccup - but probably Apple in comparison to the others, did ok.
Are we on track for the "services revenue doubling by 2020" or whatever year Tim Cook promised? Probably yes, ahead of the predicted growth rate would be my guess.
So in a nutshell - Apple guidance has been right for many quarters. All news is noise. If their guidance looks attractive to you, you can be very safe going long with Apple with a lot of money. That same large lump of money would not be nearly as safe anywhere else.
Safe slam dunk performance practically guaranteed for the next several years!
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The "world's assessment" of any topic has been completely wrong so many times in the last several years.
I hate to go political, but Decades ago, did you ever see a "Gallup poll" or other "polls" get an election wrong? The world's assessment of the USA presidential election was completely wrong. Same for the UK "Brexit". They even did a "NOVA" episode on the topic to lick their wounds and make regular brainwashed people accept the "world assessment". Funny stuff.
I can list many more bad "world assessments", but you might not like to hear it.
Instead go get some AAPL stock.
Instead remind yourself that "Apple's assessment" has been right on the money for many many quarters. Their guidance has been the truth for so long, and I can't doubt it now, nor should you.
He must be a real hoot at parties.For what it's worth, he came in low with an $85.4 billion estimate last quarter too. Apple reported $88.3 billion.
He remains pretty bearish on AAPL obviously. $57.8 billion would be a huge miss.
It doesn’t matter what the numbers are. The detractors will always try and twist them to suit their agenda and move the goal posts.
Apple is profitable but resting on their old products. Let's see some innovation and something exciting.