There is nothing wrong with being steady but there is a big difference between the way stock market values growth and "stability" stocks. Apple PE Ratio is 24.58. That's the ratio for the growth stocks. If they are not a growth stock, the PE should go down to about 10. That would mean huge implications for their share price and market capitalization.
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Apple Reports 1Q 2023 Results: $30.0B Profit on $117.2B Revenue Amid 'Challenging Environment'
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TheYayAreaLiving 🎗️
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Impressive: As far as reporting the profit and revenue goes amid weak iPhone sales and supply shortages.
Never Fails to Disappoint: 2 Billion Active Devices, Services Revenue is up, generated $34 billion in operating cash flow, and so on...
Sorry for the confusion and I hope this clarifies. Thank you!
I have bought a new iPhone every other year for over a decade, but not this year.
The iPhone 12 mini has the form factor I like. The iPhone X was too large and I don't want to go back to that.
The iPhone 12 mini has the form factor I like. The iPhone X was too large and I don't want to go back to that.
TheYayAreaLiving 🎗️
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Well, you are still within the Apple 14- day return policy, LOL.
The only constant is change. If you don’t go up, you go down, because others will catch up to you. Also, shareholders want their stock value to increase.
the 20 b record from one segment of their revenue pool? irrelevant consider their overall margin y2y is down.
And that's way down from their high.
But if there's such a thing as corporate trauma, Apple's cash crisis in the 1990s is the kind of thing that causes it, so I suspect they just sleep better, like Smaug, on a bed of gold coins.
99,627 mio USD long term (financial debt) / 53,107 mio other long term liabilities
short term financial debt is only 9,740 mio USD which is peanuts (based on theirs Balance sheet)
they will generate more than enough cash before that needs to be paid off
Waaah only 30 billion profit. cry me a f'n river.
maybe if you didn't charge $200 for 256 to 512GB SSD upgrade that a regular customer can buy 2TB for $179 on amazon you would sell a few more units in these tough times.
maybe if you didn't charge $200 for 256 to 512GB SSD upgrade that a regular customer can buy 2TB for $179 on amazon you would sell a few more units in these tough times.
Demand for the iPhone 14 Pro and Pro Max remain stronger than supply can fill so the people spending the most money are fine with the current design (they likely buy on features and not design). It does seem to be an issue with the non-Pro phones, however, and I could see people who are more price-sensitive (and not as new-tech-focused) are holding off until the non-Pro models get a design refresh or Pro-level features (like Dynamic Island).
Likely entered into when interest rates were so low you needed an electron microscope to see them.
It is pretty telling about the state of the news industry when a person has to come to a 'rumors' site to get a more complete earnings discussion than one finds on financial web sites.
I agree. The hot dog shop right down the road from my house has a few locations in the area. I don't think they've opened any new ones in years. Yet, they're killing it. There's always a crowd in every one of their locations that I've been to. There's something to be said about being satisfied with the success you have now. I suppose publicly traded companies don't have that luxury.
Apple 'only' made ~$6.7B less with less gross margin of 0.8%.
Most companies would kill for that type of revenue and gross profit margin.
Despite all the naysayers' doom, Apple is still doing better than most companies.
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Or maybe it’s the reverse. Apple’s success shows that contrary to what you think, many people don’t think their prices are unreasonable (there’s a difference between something being expensive and something being overpriced), and their products remain of high quality (not saying there isn’t room for improvement, but credit where credit is due).
You voted with your wallet, hundreds of millions of other people did too, and here we are. The iPhone is stronger than ever. It is grabbing share around the world while years of installed base growth supports robust upgrading, and this is why I am personally not worried over lengthening upgrade cycles (Apple can’t produce being iPhones to support users upgrading at a more rapid rate anyways).
haven't you heard? It's not always about breaking the records ~ some dude 😂
jokes aside, their service profit up by 6% is their silver lining while their overall is down 4.6b.
And the cut of subscriptions made through the App Store. I have to assume this is where nearly all of the subscription revenue is coming from.
It's weird to me that this is still a thing. If Google stopped paying it tomorrow, its not like Apple is going to change everyone's default search engine.
I hate to defend Apple's pricing but in this case indeed you can go out and buy that storage on Amazon and get a base model so you don't spend $200 on storage alone. If that doesn't suit you because it's not internal storage and it's more of a hassle, plus it'll never be as quick as the internal one - well now you see why it's more expensive. Value pricing.
Are they charging unreasonable prices for a ton of stuff when compared to competing brands? Absolutely. For some products the value is just not there - like the Studio Display, iPhone SE, and so on..
Oh, I’m perfectly aware that most Apple users don’t share my assessment, for various reasons, and thus Apple keeps being successful. I bought two new iPhones in 2022, by the way, so I’m actually contributing to the success.
There will be a pre-market increase as the rest of the world and institutions jump into buy. So far, we've seen two segments sell and one buy in after hours tradiing. Overall, down to a paltry $146 per share.
You'll be lucky to get it under $180 very soon.