Kind of a bittersweet quarter. Very happy as a shareholder. This is usually a quiet quarter so for Apple to beat revenue and maintain margins is exciting and comforting, especially when Apple released zero products of significance this quarter. (Yes, slicing Air off the iPad and tweaking the 6SE are marginal meant to keep those products from completely sliding off the cliff).
As a tech fan I lament much of this profit is from services. Guessing it's mostly from ApplePay as more and more retailers worldwide start accepting it and Apple Music, the other area in services where there is fast growth potential. I have a feeling this year's WWDC more than any other in the TC era is going to give us a huge hint at where he see's Apple trending in the next few years and how much more we can expect Apple to latch onto subscription services.
I'm a shareholder also and am very happy with this quarters results if they come to fruition and although services is growing at a nice clip it is not much of the profit by any means. Largely apple pay is being adapted at an unsatisfactory rate. I love it and use it when ever I get the chance but it has cliches. Not sure it's on apples end or the store but sometimes i'll use it and it denies payment. embarrassing when it doesn't work for no reason. Apple music is growing nicely but i'd personally like to see more. More in terms of less Hip hop and more culture but its heading in the right direction. I think the Beats studio in the newly renovated 5th ave store will be awesome. I look to for Apple to return to the MAC this year and deliver big, repatriation looms large. DIV increase today and with the anniversary phone around the corner its all gravy as of now. LONG!