Apple Reports 3Q 2022 Results: $19.4B Profit on $83B Revenue

[svish]

Good going Apple. Money from ‘Services’ is increasing slowly and steadily.

 

[DotCom2]

Good going Apple. Money from ‘Services’ is increasing slowly and steadily.

I wonder how much better services will do once they start leasing the new Car Play to manufactures?

 

[SactoGuy18]

A reason why Apple succeeds: prices are higher but you get a product that has a very long useful life in terms of software. The fact you could run iOS 15.6 on something as old as an iPhone 6S is nothing short of amazing.

 

[_Spinn_]

Those are once again incredible numbers. Very interesting to see that iPad and Mac are so close to the same percent.

 

[BuddyTronic]

I gotta hand it to Apple and Tim Cook.
I have some complaints about their current product line, and some of the design and features. I liked the company much more with Scott Forstall, and mostly feel they're coasting on the things Steve Jobs had on the board when he died. I love my "Best Laptop Ever Made" 2015 Macbook Pro with all its ports that I am hesitant to give up, and scratch my head at things like removing headphone jacks and innovative and popular inventions like Magsafe.

But what they have been able to do with sales and profits since Steve's era is impressive. No, it's not the same company, never will be. Jobs was a once in a lifetime kind of guy, and I can't say I've watched a single product announcement since he left.

But the Apple Watch, Apple Music, Apple Silicon, and getting people to buy the insanely priced Mac Studio--it's all been success after success. I'm not sure Jobs envisioned Apple transitioning to their own CPUs. If not, then Tim Cook deserves even more credit. What they have done is revolutionary, and is probably the first nail in the coffin for Intel.

Their revenue is triple what it was a decade ago! That is just crazy!
I thought I had missed the time to buy Apple stock years ago under Steve. Oh well.

Yah. I thought they were rocking the world hard in 2011 but looking back it’s like wow.

We Humans are not great at perceiving the effects of growth compounded year over year I guess