Apple Reports 1Q 2024 Results: $33.9B Profit on $119.6B Revenue

[Surf Monkey]

10s of millions of new people in the Apple ecosystem but not succeeding in selling very many new Macs to them... too expensive for too little storage and RAM for the average customer perhaps?

More like Apple failing to offer compelling reasons to update.

 

[ric22]

More like Apple failing to offer compelling reasons to update.

What compelling features do you think Macs lack? Aside from sensible amounts of storage/RAM in line with their price.

 

[Tigger11]

Apple during the call usually quotes a Cash on Hand number of 160+ Billion (which is insane to think about), does anyone know which number from the Consolidated Financial Statement actual are used to generate that number?

Thanks,

Tig

 

[Carnegie]

Apple during the call usually quotes a Cash on Hand number of 160+ Billion (which is insane to think about), does anyone know which number from the Consolidated Financial Statement actual are used to generate that number?

Thanks,

Tig

In the 10-Ks and 10-Qs they’ll be a series of notes toward the end numbered Note 1, Note 2, Note 3, etc. The number can vary between filings, but you want the one titled Note X - Financial Instruments. Under that note they’ll be a chart for Cash, Cash Equivalents and Marketable Securities. The number you want will be the Total listed at the bottom of the Fair Value column.

 

[Bodhitree]

What do Apple need all that money for? Why not lower all prices by one-third and become a public-benefit corporation?