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Apple Forecasted to Report Record-Breaking Quarter Next Week With Revenue Topping $100 Billion
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What a silly viewpoint. That's the same mentality that says "don't bother voting; one person can't make a difference."
Sure, maybe no one cares if a singular butthurt contrarian "refuses to buy a phone without TouchID," but honestly each $1,200 MBA sold (your $3,000 is probably generous for a Mac ASP) is an opportunity to convert a new person into the cult- er, I mean ecosystem, and that one person may do a TON of word-of-mouth advertising after that. And hopefully a ton of buying on the App Store.
My S6 Watch cost <$500, but it was my first one, and you can bet I am preaching the gospel now. I didn't know what all it could do, or how it could delight me daily until I put the thing on my wrist. I mean, look at the complete lack of identity crisis AirPods had when they originally came out. Identifiable from across the room/street/whatever, and they sold (and still sell) like hotcakes. I would not worry that they are "only" $150.
Tl;dr a flash flood comes from individual raindrops. Don't scoff at people with umbrellas.
I know people who don't vote because of exactly this sentiment.
Apple seemingly vets it's target audience for its' products very carefully. It's not about ones or twos or collectively raindrops make a flood, it's about does something fit into Apple's strategy and probably, will they make enough revenue on their investment. Someone saying if Apple only made this I would buy it, they might be the only one buying said product.Sure, maybe no one cares if a singular butthurt contrarian "refuses to buy a phone without TouchID," but honestly each $1,200 MBA sold (your $3,000 is probably generous for a Mac ASP) is an opportunity to convert a new person into the cult- er, I mean ecosystem, and that one person may do a TON of word-of-mouth advertising after that. And hopefully a ton of buying on the App Store.
My S6 Watch cost <$500, but it was my first one, and you can bet I am preaching the gospel now. I didn't know what all it could do, or how it could delight me daily until I put the thing on my wrist. I mean, look at the complete lack of identity crisis AirPods had when they originally came out. Identifiable from across the room/street/whatever, and they sold (and still sell) like hotcakes. I would not worry that they are "only" $150.
Tl;dr a flash flood comes from individual raindrops. Don't scoff at people with umbrellas.
There's some truth to this, though I might not have put it exactly that way. Obviously they can't "vet" an audience, but they know exactly who they're going after.
Look at the AirPods Max as the latest example. They aren't for audiophiles; objectively there are better headphones even at the same price point, if we're going to be all studio-monitor-snooty about it. They also aren't going to be on the shelves at WalMart (I mean, if they ended up there, great, but I'd be shocked). But you bet your sweet SoC Apple knows there are enough people who will pay that money for a pair of really good ecosystem-entrenched headphones with no on/off switch. The population subset that is swimming in liquid cash, likes Apple, and buys big headphones may not be all that vocal, but that's fine. The APMs are selling fine, and feedback on this admittedly Apple-centric forum suggests most owners love them. That story can be applied to most everything they make. As you imply, I don't think Apple just "lucks into" their fandom.
My stock portfolio would love a total blowout earnings report from Apple. The 2020 holiday season had to have been a blockbuster with so many people hunkering down at home across the world and upgrading to the killer iPhone 12's. Go Apple!
Well said. Those are my thoughts, but you were more eloquent than me.
Apple already did a round of price hikes in the midst of the pandemic. iPad Air 4 is $100 more than iPad Air 3. iPhone 12 is $130 more than the iPhone 11.
This year, expect all the redesigned AS Macs having higher starting price than the intel models they are replacing.
100% money in tesla is more profit than 50% in tesla and 50% in apple, i cashed out my AAPL position awhile back and put it in TSLA, and has seen significantly more gain had the money stayed in AAPL.
maybe couple years from now, apple services atm is abyssmal, tv is a joke, everyone i know cancelling before their 1 year free sub is ending. news is kinda take it or leave it. arcade doesn't offer a robust enough of selection to gain much attention. apple would have to offer alot if they want ppl to use stock+, the likes of webull, robinhood, td meritrade offers very good incentives and i dont see apple's fancy UI is enough of a sway to pursue others from leaving the existing brokerage
Q4 Services was $14.55 billion. That's impressive. As for diversifying, sure. Why not put all your money into TSLA, why not BTC? Because it's a risk. I know there's plenty of Teslanaires who cashed out, and I'm happy to see that - it's 35% of my portfolio. But it's just one company.
Apple is set to report its earnings results for the first quarter of the 2021 fiscal year on Wednesday, January 27, and many analysts forecast that the company's quarterly revenue will exceed $100 billion for the first time. Apple's currently quarterly revenue record is $91.8 billion, set in the first quarter of the 2020 fiscal year.
In an investor note shared with MacRumors, Monness Crespi Hardt analyst Brian White estimated that Apple will report quarterly revenue of $105.2 billion following the launch of several new products and services in the final three months of 2020, including the entire iPhone 12 lineup, a redesigned iPad Air, the first three Macs with Apple silicon, the HomePod mini, the AirPods Max, Apple Fitness+, and Apple One subscription bundles.
"In our view, Apple's portfolio was positioned better-than-ever heading into the recent holiday season," said White, adding that Mac and iPad revenue should remain strong as many customers continue to work and learn from home amid the pandemic.
Morgan Stanley analyst Katy Huberty is even more optimistic, forecasting that Apple will report quarterly revenue of $108.2 billion, according to MarketWatch. Huberty referred to the iPhone 12 as "Apple's most successful product launch in the last five years," and she also cited "sustained work and learn from home demand" for Apple products.
Apple's earnings report will be released on Wednesday at 1:30 p.m. Pacific Time and will be followed by a conference call with Apple's CEO Tim Cook and CFO Luca Maestri at 2:00 p.m. Pacific Time. Apple's stock price is up around 3% today.
Article Link: Apple Forecasted to Report Record-Breaking Quarter Next Week With Revenue Topping $100 Billion
Apple also expected to post 23.4 billion in net profit or +5.3% better than the 22.2 billion in profit Apple posted for 1Q 2020. Then, a record for Apple in a quarter, before COVID changed the world.
one company thats up 875% in my portfolio
sure, i know diversification, thats why i'm also holding nio, nndm, bngo etc. just not apple
No, because the bigger they are the harder they fall.Is 2021 the year where Apple is finally no longer doomed?