Had to read this one twice. They didn’t “lose” a few billion dollars - revenue declined by a few billion. They still made an enormous amount of money.Their financial numbers are mind-boggling. They lost a few billion dollars. And yet they expected that, and they can deal with it, since it's "only" three percent. Interesting that iPhone sales grew as a percentage of their sales. I thought they would have continued to shrink their reliance on that.
I was stunned by their paid subscriber numbers. Next quarter they'll probably hit 1 billion!
Yep and Yep. Smart thinking going into services.Yep.
Hat tip to Tim Cook recognizing years ago hardware would eventually get to a performance level causing people to hold out longer on updates. While services continue to grow and help fill the gap.
I was actually hoping for a miss so I could do a bigger Roth conversion. Oh well, I took a gamble. Either way, I’m ahead.APPLE IS DOO--
You want them to do poorly so they begin to innovate again and give us features we want that don’t mean we have to get the top model. Their pricing has to change drastically. It’s out of control.
mavenroundtable.io/theintellectualist/news/stock-buybacks-were-once-illegal-why-are-they-legal-now
"Buybacks were illegal throughout most of the 20th century because they were considered a form of stock market manipulation. But in 1982, the Securities and Exchange Commission passed rule 10b-18, which created a legal process for buybacks and opened the floodgates for companies to start repurchasing their stock en masse."
Yes, I’m still very happy with my M1 iMac. It’s a great fast ComputerAnd most importantly many people with M1 Macs are already satisfied with their performance.
Agreed! When it comes to money it's impossible to outsmart Tim Cook.
I think it might be related to the economy + people (like myself) staying on Intel to see what the M stuff brings. Some of us aren't eager to be early adopters. I'm still on 2019 Macs because of that.Mac sales falling. Maybe they need to revisit their pricing.
iPod sales? What? I didn't even know they still sold them.
M1 MacBook Air can do everything that 95% of the people do every day at Work and Home.M2 isn't convincing enough and M1 is still strong in terms of performance.
Even with of M3, people will ask, "what can I do with M3 that I can't do with M1?"
M1 MacBook Air can do everything that 95% of the people do every day at Work and Home.
M4/M5 are not going to change that.
Shareholders want increase in profits, companies will do anything and everything to increase profits.Remember folks, these companies keep having record profits and even their margins are going up. Remember this when they increase prices because "inflation." Remember this when they say they're doing hiring freezes or letting some people go.
Inflation isn't real in the sense that it's something that is ethereal that is just happening to us. The price is always what the companies say it is. Push back. We need price gouging laws for this crap. And Apple isn't even close to being the worst offender here. Just pointing it out in a relevant thread. There are definitely other companies abusing this. It's time to call out more companies on their blatant BS lies and deceit. We're out here as the working class getting raises that are a fraction of inflation and yet the demon billionaires are hoarding wealth like Smaug.
Me too, but don't check eBay listings on 2019 Macs. Intel isn't holding up well.I think it might be related to the economy + people (like myself) staying on Intel to see what the M stuff brings. Some of us aren't eager to be early adopters. I'm still on 2019 Macs because of that.
Remember folks, these companies keep having record profits and even their margins are going up. Remember this when they increase prices because "inflation." Remember this when they say they're doing hiring freezes or letting some people go.
Inflation isn't real in the sense that it's something that is ethereal that is just happening to us. The price is always what the companies say it is. Push back. We need price gouging laws for this crap. And Apple isn't even close to being the worst offender here. Just pointing it out in a relevant thread. There are definitely other companies abusing this. It's time to call out more companies on their blatant BS lies and deceit. We're out here as the working class getting raises that are a fraction of inflation and yet the demon billionaires are hoarding wealth like Smaug.
Although to be fair, with more and more doors in the iPadOS walled garden being forced open (sideloading, third-party payment platforms), plus the recent rumors of 14 inch + iPads, I don’t think the Mac like experience will be going anywhere.Of course. I am still standing by my opinion that if Mac wasn’t necessary for development, Apple would have killed it. ARM transition is the swan song and last impressive thing Apple has to offer to Mac fans.
Music hasn’t stopped, but right now we are listening to finale of Mac overture.
Apparently so confusing that you can't find any of the thousands of 3rd party Mac apps out there. I'm only aware of a handful of Windows programs that don't have a Mac version or a good Mac alternative, unless you are talking about games.I regret getting a MacBook. There is like no 3rd party apps and I find it so confusing coming from Windows.
I regret getting a MacBook. There is like no 3rd party apps and I find it so confusing coming from Windows. If they ever come out with a 14" iPad I would get rid of this MacBook and I think a lot of folks will abandon MacBook for an iPad.
Point being MacBook may be on the decline for the future.