I guess this is because I'm not getting a 2016 MBP?
Sorry investors, but it's just too little too late...if Steve was alive etc etc
Sorry investors, but it's just too little too late...if Steve was alive etc etc
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Apple Forecasted to Report First Full-Year Revenue Decline Since 2001
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People started buying Macs back in the days of Microsoft because the Apps were great and so the OS. And the OS is still great. However, it has stalled like os 9 did. Instead of bringing new features and pushing the envelope Apple has done what has lead many companies to fail -> They optimize features rather than inventing them due to lack of vision.
When iTunes came about no one had to read a manual to use it. It would behave as one would expect it to. Today, not a living soul on this planet having never used iTunes would be able to play a song without watching tutorials on youtube. They have optimized iTunes to a degree where you actually have to learn HOW to use it. That is something that was NOT the case earlier...
Same with Messages in iOS 10. Before one could send messages and with the push of a very obvious button one could add a photo. Today nothing about messages is obvious and one has to push two buttons that aren't obvious to attach a photo..
iOS camera - used to be great and still it if you turn back time 6 years. Every time I turn to iOS to take a photo, which is about 10 times a day, I get angry and frustrated because the camera is dumb as bread. And such goes deeper. Imagine I would have 10 great experiences with iOS per day, the possibility of me recommending Apple and iOS to others would increase exponentially. Same goes for other people I know.
Whereas 5 years ago, I would be an avid Apple-Recommendor... Today, I doesnt even cross my mind to recommend Apple. And SUCH is a clear indicator of a dangerous future.
The visions vanished with Steve Jobs. Tim Cook who had been working along side him many years was passed the steering wheel. But only in lack of finding someone else. Which compared with Jobs is a diff. task. Had Cook been as good or greater than Steve, he would have taken the reigns prior to him passing... Cook taking the reigns of Apple is like the pilot passing on the Steering wheel of a Boeing 747 to the first Steward. Latter I have no doubt did a great job in the overall operation of flying from a to b. But just because he was able to accomplish that task does not make him able to fly not to mention land that plane
When it runs out of fuel it will crash unless someone is able to really take the reigns and land it safely. Right now Apple IMO is a plane flying on fumes of the past-visions of someone who is unfortunately no longer with us ;(
When iTunes came about no one had to read a manual to use it. It would behave as one would expect it to. Today, not a living soul on this planet having never used iTunes would be able to play a song without watching tutorials on youtube. They have optimized iTunes to a degree where you actually have to learn HOW to use it. That is something that was NOT the case earlier...
Same with Messages in iOS 10. Before one could send messages and with the push of a very obvious button one could add a photo. Today nothing about messages is obvious and one has to push two buttons that aren't obvious to attach a photo..
iOS camera - used to be great and still it if you turn back time 6 years. Every time I turn to iOS to take a photo, which is about 10 times a day, I get angry and frustrated because the camera is dumb as bread. And such goes deeper. Imagine I would have 10 great experiences with iOS per day, the possibility of me recommending Apple and iOS to others would increase exponentially. Same goes for other people I know.
Whereas 5 years ago, I would be an avid Apple-Recommendor... Today, I doesnt even cross my mind to recommend Apple. And SUCH is a clear indicator of a dangerous future.
The visions vanished with Steve Jobs. Tim Cook who had been working along side him many years was passed the steering wheel. But only in lack of finding someone else. Which compared with Jobs is a diff. task. Had Cook been as good or greater than Steve, he would have taken the reigns prior to him passing... Cook taking the reigns of Apple is like the pilot passing on the Steering wheel of a Boeing 747 to the first Steward. Latter I have no doubt did a great job in the overall operation of flying from a to b. But just because he was able to accomplish that task does not make him able to fly not to mention land that plane
When it runs out of fuel it will crash unless someone is able to really take the reigns and land it safely. Right now Apple IMO is a plane flying on fumes of the past-visions of someone who is unfortunately no longer with us ;(
Investors are afraid of any decline as it might indicate systematic issues. This change is substantial enough to take note of it.
Selling stocks, investing Chinese version of uber and being the board member, this article....I gotta say...preventing users from upgrading internal stuff in our computers....not surprised.
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LOL. They're behind and there's no excuse but if they release something this week it's bad because they didn't wait long enough for them to have Kaby Lake
. I'm wondering how many people is "many" that would account for a 3% decline in revenue.For me it wasn't about patience, my requirements are a laptop with 32GB RAM. Apple don't make this. As a company I don't trust them any longer to provide updates in line with the rest of the industry and I simply will not pay over the odds any longer for dated technology.
Of course this was expected. Was always just a matter of when. There was no way Apple could continue their historic trajectory. At some point, things had to cool. And here we sit: cooling.
Does this mean Apple is doomed? Not even remotely.
With an entire lineup ready for updating, Apple looking into new markets and competition gearing up, I'm confident Apple is poised to continue delivering solid products.
Interested to see where the company will be 3-5 years from now.
Does this mean Apple is doomed? Not even remotely.
With an entire lineup ready for updating, Apple looking into new markets and competition gearing up, I'm confident Apple is poised to continue delivering solid products.
Interested to see where the company will be 3-5 years from now.
Apple will report its fiscal fourth quarter earnings results later today, and both the company and analysts project a year-over-year decline in iPhone sales and overall revenue for a third consecutive quarter. Apple will then have posted its first full-year revenue decline since 2001, with the decline expected to continue through the holiday quarter. Wall Street projects Apple will return to growth in 2017.
Apple previously forecasted September quarter revenue of between $45.5 billion and $47.5 billion, which would be up to 12 percent lower than the $51.5 billion in revenue it posted in the year-ago quarter. The consensus among analysts is around $47 billion in revenue, at the higher end of Apple's guidance, according to earnings estimates aggregated by Philip Elmer-DeWitt and Jim Edwards.
Apple analyst Neil Cybart of Above Avalon has forecasted declining sales across Apple's entire core product lineup, including 43.7 million iPhones, 9.1 million iPads, 5 million Macs, and 1.9 million Apple Watch units. One continued bright spot for Apple is expected to be its services category, projected to rise 20% to $6.1 billion on the strength of the App Store, Apple Music, iCloud, and AppleCare.
Apple analyst Brian White of Drexel Hamilton continues to recommend AAPL stock to investors, noting that shares remain undervalued. His price targets remains $185, or nearly 57% higher than Apple's $117.86 price at the time this article was published. White believes Apple's "sales, profit and iPhone cycle have bottomed" and that iPhone 8 sales can drive another year of growth.
Apple will report its fiscal fourth quarter earnings at 1:30 p.m. Pacific Time, followed by a conference call to discuss the results at 2:00 p.m. Pacific Time. MacRumors will be providing full coverage of Apple's earnings results alongside a live transcript of the call. Check back for the latest updates.
Article Link: Apple Forecasted to Report First Full-Year Revenue Decline Since 2001
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You can't be a computer company that doesn't sell new computers *and* make money at the same time. But hence ... this Thursday!
I hope with all my heart that this quarter has been bad for apple. The Mac negligence, lack of products and the completely lack of innovation on the iPhone, no company that big deserves an increase in profit. 2016 has been as uncreative from Apple as Microsoft were when they were going down the drain.
Dat money. That's why he's still at the helm. Dat money. They support him because he has driven the revenue and profits of the company to historical heights. Higher that Jobs ever did. Would the successes have been the same if Jobs had lived? Even better? Who knows. Besides it's immaterial. Jobs didn't live. Apple and AAPL are different entities. Cook has been great for Apple from a revenue and profit perspective... thus far. Not as great for AAPL, but he seems not to care as much. If reports are to be believed, this will be his first financial setback. Can he rebound? That's the question the market cares about.
Going to reverse very, very soon.
Q1 2017 will easily be the record holidays quarter for Apple.
The stock is ridiculously underpriced with its 13 PE.
Q1 2017 will easily be the record holidays quarter for Apple.
The stock is ridiculously underpriced with its 13 PE.
Stop focusing on watches
Consolidate the fledgling iPad line into 2 models
Adapt to what people want in a portable computer (touchscreen tablet/laptop hybrid)
Release a freakn new iMac line already
Stop resting on you iPhone laurels - it's hardly the only capable device out there. A $100 discount on a year old iphone 6s/+ is not enough. Drop the price to $200 less than a similarly equipped iP7 and they will sell more.
Consolidate the fledgling iPad line into 2 models
Adapt to what people want in a portable computer (touchscreen tablet/laptop hybrid)
Release a freakn new iMac line already
Stop resting on you iPhone laurels - it's hardly the only capable device out there. A $100 discount on a year old iphone 6s/+ is not enough. Drop the price to $200 less than a similarly equipped iP7 and they will sell more.
New Macs in two days, people. Two days.
Is it so hard to hold off on the cynicism until then?
Is it so hard to hold off on the cynicism until then?
Yes... the carriers got rid of the ill-named "subsidies"
But they replaced them with payment-plans.
It is still very much possible to buy an iPhone without having to pay the full $650 to $970 all at once.
No, but you have to admit, the event feels reactionary rather than planned.
Was bound to happen eventually once iPhone saturation has reached it's peak. I'm sure 2017 will bring in bigger numbers. New Macs coming in days and a new iPhone which should be a complete redesign will help bring in those $$$'s.
Apple has rested on its laurels and they need to start acting, Thursday's media event should hopefully be a step in the right direction.
I'm not sure Tim Cook has it within him, to lead the company to innovate, his strength is managing what already exists it seems
I'm not sure Tim Cook has it within him, to lead the company to innovate, his strength is managing what already exists it seems
Responses sarcastically mocking what they perceive as inevitable "Apple is doomed/in trouble" posts to this article are as much, if not more, clichéd than the posts they hope to shame.
I'm sure Apple will return to growth next year. But there's a clear reason why revenues are down this year: long gaps between product updates and no new iPhone redesign.
I'm sure Apple will return to growth next year. But there's a clear reason why revenues are down this year: long gaps between product updates and no new iPhone redesign.
Nope, you got that wrong, people assume that Apple is so busy making money with a great iPhone that they could care less about the mundane and pro users/products and helped Apple survive during the lean years and will, if Apple lets them, help them out again in the future. Success changes focus and focus changes often breed long term failure. The iPhone is a once is a lifetime product success, to think that Apple is going to continue to hit product success like that is not reality. To forget about your core users and core products because you have a bunch of new popular users is just not wise when you don't have to. And Apple has the money and people that it should not have too. Instead it is investing billions in Uber China. Why? Because it could care less about mundane/pro users. This just goes to Apple's real DNA, which was insanely great products and is now insanely great money.
Now, no product gets introduced without the Jonny Ive touch. This is ruining the computer line and limiting the frequency of new computer products. We don't need slimmer, lighters, single port computers no matter how awesome they look in the television ad.
Give us real MacBooks, real iPhones and no watches and no fashion.
well, they tend to have events in Oct according to the last few years.
I like my apple watch though
.