Go back to the late 70s/early 80s. That's when inflation was high.
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Apple Reports 1Q 2023 Results: $30.0B Profit on $117.2B Revenue Amid 'Challenging Environment'
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Go back to the late 70s/early 80s. That's when inflation was high.
The interest rates are low but the debt is significant (they do have to pay off the principal not just the interest).
I just think people are happy with what they already have and are keeping it longer. I am partly at fault for this. But, making 30 billion in this economy is impressive otherwise and people will always be upgrading. Don't read too much into this.
after hindenburg exposed the fraud of a company adani is and modi show what a true democracy india is by blocking the modi bbc documentary, apple need to look else where.
edit: Bhakt spotted, baki Adani kha gaya
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Really? where are you getting great amazing software and/or hardware? Windows? Android? Give me a break Apple still produces the best hardware with the most optimised software out of all the tech companies.
Sorry Tim, my fault. I didn’t buy any new products this quarter … still hanging onto my half shattered 8-plus!
It's not surprising that high end consumer good wouldn't sell as much when the price of everyday essentials is rising.
I think you have been brilliant being long AAPL. However, while I think AAPL is a great company, their ‘growth’ story is over. Be careful.
Lack of MacBook Pro models in the fall. There was zero updates to Mac since July 2022 other than software.
Same here. $4,000. The last ones. These machines are expensive tools that perform for a really long time.
Yes, MacBook Pros + Air are the breadwinner of the category. The thing is personal computers are just tools to help us make things fast. That’s all. If it still chugs, no need to shell money. I learned this later in life.
No, its not the same. And you are a sheep if you defend this kind of price gouging.
A whole NVMe SSD, Samsung 980 Pro 2TB costs $179 on Amazon. That's the PCB, controller, DRAM cache, and the nand chips, and other components. Not to mention it runs circles in terms of performance around a 512GB Apple SSD in a Mac mini.
Apple charges $200 for a single extra 256GB NAND chip to solder onto the empty pad on the logic board, since the controller is inside the Apple Silicon.
Do you see what you're defending?
If Google stopped paying tomorrow, Apple would presumably make another search engine the pre-set default e.g., DuckDuckGo which would give DDG a nice boost.
Given that many people don't bother to change defaults, if Apple made DuckDuckGo or some other search engine the default on Safari, it could take away meaningful traffic and business from Google. That's a reason why Google has been willing to pay Apple SO MUCH money.
Decent numbers, considering the challenges — I was expecting much less. Active devices and paid subscriptions numbers were good, and India penetration looks like a big area for growth. I think Apple is careful not to be overly enthusiastic about any segments or markets, so the question about AI didn’t return much insight. My guess is that it is a priority, but they don’t want to show their cards just yet (or admit they are even holding cards!)
App Store
Apple Music
AppleCare
dunno, those $0.99 upgrades that everyone has in iCloud
He’s defending Apple’s right to charge what it wants for its products. If you don’t see the value, don’t buy.
Though iPhone sales have dropped, good to see Apple making profit especially with Services.
Decent numbers. It's the most profitable company in the world.
30 billion dollars profit and everybody is complaining. This world is not normal anymore...
I am willing to bet my last dollar that these people haven't the faintest idea of what makes Apple tick.
At the same time, that's precisely why they can afford to run their mouths off with no consequences, because they are not in charge of Apple. Apple is not going to be any worse off regardless of how many people here clamour of folding iPhones or iPads running macOS or some other "flavour of the month" tech craze (fortunately). That's also what I find incredibly annoying and frustrating about these sort of comments (I am not convinced the people making them have put any thought into them whatsoever), but hey, it's a free country.