I don't know, ask the three people on this site that thinks there's a recession.What recession?
I don't know, ask the three people on this site that thinks there's a recession.What recession?
The biggest downtick was Mac, down about a $1 billion. Everything else stays about the same as Q3 2022.
I am not sure if that lame base M2 is going to help. This also speaks about what Apple may try do to with the upcoming M2 base models of the 14" MacBook Pros to get that upgrade.
Yes, true and the numbers do not reflect just released products like the M2 MacBook Air.Tim Cook explained it though - they have customers waiting to buy, but did have some issues producing enough. “Supply Constrained”. Read what they said and you’ll see.
Caught Biden's syndrome by any chance?Yaaaa man my stocks go up 😄
And next week Nosferatu Gollum Putin will make markets keep shaking and I’ll lose my gains 😤
Thanks to iPhone and closed ecosystem for now. Hope it is sustainable.With all the bad news, this company STILL knows how to make MONEY!
Thanks to iPhone and closed ecosystem for now. Hope it is sustainable.
It’s scary to see Apple so dependent on cell phone sales. Nokia, Ericsson and Motorola were like that once. I hope, for the stockholder’s sake, that they are looking at new markets to tap into. Maybe embedded processors that run on other companies’ systems, along with the software to integrate them.
Caught Biden's syndrome by any chance?
Apple today announced financial results for its third fiscal quarter of 2022, which corresponds to the second calendar quarter of the year.
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For the quarter, Apple posted revenue of $83 billion and net quarterly profit of $19.4 billion, or $1.20 per diluted share, compared to revenue of $81.4 billion and net quarterly profit of $21.7 billion, or $1.30 per diluted share, in the year-ago quarter.
Gross margin for the quarter was 43.3 percent, according to Apple CFO Luca Maestri. Apple also declared a quarterly dividend payment of $0.23 per share, payable on August 11 to shareholders of record as of August 8.
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iPhone and Services revenue achieved June quarter records, while Mac, iPad, and "Wearables, Home, and Accessories" revenue was down.
A category-by-category breakdown of Apple's Q3 2022 revenue is outlined below.
Apple CEO Tim Cook:As has been the case for over two years now, Apple is once again not issuing guidance for the current quarter ending in September.
- iPhone: $40.6B, up from $39.5B in year-ago quarter
- iPad: $7.2B, down from $7.3B in year-ago quarter
- Mac: $7.3B, down from $8.2B in year-ago quarter
- Wearables, Home, and Accessories: $8.0B, down from $8.7B in year-ago quarter
- Services: $19.6B, up from $17.4B in year-ago quarter
A recap of Apple's fiscal Q3 2022 financial results conference call can be found below.
Click here to read rest of article...
Article Link: Apple Reports 3Q 2022 Results: $19.4B Profit on $83B Revenue
Thanks to iPhone and closed ecosystem for now. Hope it is sustainable.
Yep. Can’t afford that nice big shiny SUV or VEV, might settle for a flash MacBook or iPhone pro instead.Apple is also printing new money for the fall called the iPhone 14. Even if they are watering down some models, it’s gonna sell like hotcakes. Just like some people need their emotional animals, some people need their emotional
iPhone upgrades to help them escape the bad stuff happening in the world.
I think it is a Typo. iPad?OK I'm probably just dumb but can someone explain why the iPod part of the graph is above the Mac part of the graph? Am I reading this correctly that the iPod still outsold the Mac in terms of revenue right up until 2015, at which point revenue seems to have stopped for the iPod entirely?
That seems crazy.
No, not a typo. As explained before, iPod sales stopped being reported out separately in 2015I think it is a Typo. iPad?
That is what the higher share price (in turn fuelled by share buyback) is for. They can sell their stock if and when they decide to cash out.wish dividend was bigger to reward share holders who stuck with aapl
The best way to see this would be to look at units sold (quantity), not dollar amount.It would be interesting to see an inflation adjusted version of the same chart.
Computers have always been consumption devices for the vast majority. Email, games, videos, pictures, browsing, all pretty much consumption activities. And, since that’s what most people do, it stands to reason that the least expensive device that “does” that will be the one with the largest unit sales. That’s why we see unit sales of the iPad double that of the Mac. And, for those buying Macs, the majority of those are consumption devices as well.Still surprised that iPad sales are so high - it's my least used Apple device, and still primarily a consumption device in my eyes. I know people are using it for more than that, but still such an awkward compromise between a smartphone and a computer.