Apple Expected to Report Highest Revenue in Single Quarter in Company's History

[Swift]

Doomed, I tell you.

If you haven't noticed yet, there are always rumors ahead of these quarter-end statements. Dark rumors. Stock goes down, depending on how many exclamation points the rumor has. This time, the fixers have been jumping up and down with dark predictions. So it would be fitting if the overall picture is much, much better than the rumors would have it. Pump and dump is when a stock hustler has big rumors, the price of some little-known stock goes up, and then they sell it quick before everybody notices it's crap. Well, this happens all the time. Bad rumors about Apple's latest quarter. Little (and stupid) people sell, sell, sell. The big guys buy up everything they can at the low, and then, they have stock to sell or collect dividends on at the high price. Ta-da. Now, since Trump counts all that useless motion as "growth," we will then have a bunch of good rumors, keeping Apple high until the smart guys sell their excess high.

 

[Apple Corps]

Can we not? Please.

AMEN - that statement is so boring and overused.

 

[Swift]

Not much of a relevant comparison. iPhone Technology has changed so much Over the years when the iPhone was under Steve Jobs and where the iPhone X is today. I would rather much have the iPhone X today with all the technology included than an iPhone from seven years ago. Also you have to factor the price with hardware advancements/component costs have increased the price point.

In terms of that "best" phone from Jobs, you're getting basically a 6s in a 5se for what? $350? Some carriers give it to you for a subscription. A Jobs-era phone that could do what the X does? Not even close.

 

[78Bandit]

$599 to $999 isn't a 67% increase in price either...

It actually is. A $400 increase on a $600 original price is 67%.

 

[Shanghaichica]

Best iPhone under SJ (iPhone 4 - 2010) started at $599, now it is $999. Is iPhone X 67% more innovative than the iPhone 4 was at the time of the release? I don't think so.

Would you expect the price to remain the same? What about inflation!

 

[DocMultimedia]

Kills me that analysts always think Apple will make more than they said the would. In the old days that was true, but now Apple tends to be close. No matter how much Apple does make, the media will still see it as a disappointing quarter and bleak future. Oh well.

 

[3rdiguy]

Finally bought some shares in Apple and glad I did. I know it's going to keep going up

 

[bernuli]

Interesting. This was actually the first year in a while I did not buy any Apple hardware. Other than an Apple keyboard...which I returned because it wasn't compatible with my 2015 MacBook Pro. Pretty weird.

Glad they doing good though. No thanks to me!

 

[Michael Scrip]

Best iPhone under SJ (iPhone 4 - 2010) started at $599, now it is $999. Is iPhone X 67% more innovative than the iPhone 4 was at the time of the release? I don't think so.

I would say the iPhone 4 started at $599 and the modern equivalent iPhone 8 starts at $699.

And the iPhone X is an additional model that is above the standard iPhones. It's a whole separate product line.

Yes... there is a big jump in prices between the iPhone 4 and the iPhone X... but that's a wonky comparison because an additional higher-priced product line didn't exist in 2010

I understand what you're saying... but you can't talk about the "best" iPhone in 2010 in the context of Apple's product line 7 years later. It's a different world today.

Using your logic... the "best" iMac now starts at $5,000

But that's not accurate since the iMac Pro is its own product line above the standard iMacs.

And that's what I think about the iPhone X... it's another product line.

 

[UL2RA]

I would say the iPhone 4 started at $599 and the modern equivalent iPhone 8 starts at $699.

And the iPhone X is an additional model that is above the standard iPhones. It's a whole separate product line.

Yes... there is a big jump in prices between the iPhone 4 and the iPhone X... but that's a wonky comparison because an additional higher-priced product line didn't exist in 2010

I understand what you're saying... but you can't talk about the "best" iPhone in 2010 in the context of Apple's product line 7 years later. It's a different world today.

Using your logic... the "best" iMac now starts at $5,000

But that's not accurate since the iMac Pro is its own product line above the standard iMacs.

And that's what I think about the iPhone X... it's another product line.

If you account for inflation, the base iPhone 4 would have been almost $680 today, so the point is moot anyway.

 

[alexgowers]

Seems kinda obvious. I mean they hiked the price of their flagship and demand was super strong for a design change. However, I suspect the next quarter will be dire and wipe out ALL mega profit praise by being so terrible. The iphone X is not selling well and initial demand has faded very quickly.

 

[I7guy]

Best iPhone under SJ (iPhone 4 - 2010) started at $599, now it is $999. Is iPhone X 67% more innovative than the iPhone 4 was at the time of the release? I don't think so.

I actually think that is true, taking cost of living and inflation into account. If you recall iPhone 1 was overpriced.

 

[DevNull0]

$599 to $999 isn't a 67% increase in price either...

(999-599)/599 * 100 ~67%

How do you do arithmetic?

 

[meboy]

I am so dissapointed in people's intelligence.

 

[eldo33]

“But Apple is doomed, they’re going down the drain, they can’t innovate”....and every quarter those trolls are proven wrong.

yah..let's see the 2nd and 3rd quarter. u expect less with iphone 8 and iphone X with that crazy prices..for last quarter? of course it's big... but then comes the down fall

 

[UL2RA]

(999-599)/599 * 100 ~67%

How do you do arithmetic?

Uh ... 999 is about 59.95% more than 599 ... not 67. You just invented your own math there.

 

[mi7chy]

Uh ... 999 is about 59.95% more than 599 ... not 67. You just invented your own math there.

599 x 1.5995 = 958.10
599 x 1.67 = 1000.33

 

[FelixDerKater]

Remembering that magazine cover of apple peels from the late 90’s...

 

[trekkie604]

Uh ... 999 is about 59.95% more than 599 ... not 67. You just invented your own math there.

1.5995 * 600 = 959.7
1.67 * 600 = 1002

 

[apple_iBoy]

1.5995 * 600 = 959.7
1.67 * 600 = 1002

Maybe he's going by Price Is Right rules there... closest without going over

 

[UL2RA]

599 x 1.5995 = 958.10
599 x 1.67 = 1000.33

My bad. I was thinking in terms of what percent 599 is of 999, not the percentage increase from 599 to 999.

Maybe he's going by Price Is Right rules there... closest without going over

It would appear that way.

 

[bigpoppamac31]

It's what happens when product prices are charged substantially higher than production costs, even when sales slow.

Agreed!! I can't justify the cost of Apple products any more. $3,699 CAD for a 15" MBP 16GB/512GB?? That's insane!

 

[Jesse Waugh]

Give me one metric that supports AAPL’s valuation being bloated. Do you even follow the market? AAPL is trading under 19 times 2018 earnings and has $269B in cash.

It’s called a bubble. It’s not a new phenomenon.

 

[AppleCorei7]

“But Apple is doomed, they’re going down the drain, they can’t innovate”....and every quarter those trolls are proven wrong.

Innovating and sheep buying what ever crap is out are two different things.

 

[Black Tiger]

Best iPhone under SJ (iPhone 4 - 2010) started at $599, now it is $999. Is iPhone X 67% more innovative than the iPhone 4 was at the time of the release? I don't think so.

Depends on how you look at it. The iPhone 4 was much more derivative of the original iPhone than the iPhone X is. Ie. home button paradigm. There comes a point where a device category that is all-screen plateaus. I would agree that iPhone 4 was amazing at the time, but I would say a better comparison is the original iPhone vs iPhone X as it is the most substantial deviation from the original. In that case, the price is quite reasonable. In 2007 Apple sold a $600 phone with a two year contract as well. With inflation also factored in, it would be about $1300 today.
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Innovating and sheep buying what ever crap is out are two different things.

Throwing as many features into a phone as possible is not innovation. It’s desperate. Apple is still the industry leader and for many good reasons, few of which have to do with this “sheep” nonsense.