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Apple Reports 4Q 2016 Results: $9B Profit on $46.9B Revenue, 45.5M iPhones
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Prediction: Tim Cook says they're doing well despite challenging macroeconomic conditions. Same old story every time.
Stupid number of stupid people buying stupid (as in they haven't been updated in years) Macs.
Maybe if they made their computers thinner they would sell better!
Mac sales dropped from 5.7 million to 4.9 million. That is 14% decline. WOW. That is huge. The iPhone drop is tiny by comparison. A drop of 14% in one of your core products - your most expensive product! Amazing.
Apple still doing great. Just saturating a market. 200 billion in cash! Open more research facilities outside the US since too costly to bring it here. Wow.
Apple still doing great. Just saturating a market. 200 billion in cash! Open more research facilities outside the US since too costly to bring it here. Wow.
I think what is significant could be the "services" category. Revenues from "services" are growing. That's some easy money, and it's proof of the healthy ecosystem that Apple has cultivated with Music and Movies and Apple Pay - Check out how many Billions of dollars are pulled in from "services". Then compare to any other company out there.
The growth in "services" revenue is significant! Standby for the phone conference - I bet they talk about this.
Anybody want to play the Apple Earnings Conference Call drinking game with me? http://www.apple.com/investor/earnings-call/
The rules are similar to the keynote one. Except it's considerably less exciting and infinitely more tragic.
The rules are similar to the keynote one. Except it's considerably less exciting and infinitely more tragic.
We have an iPad pro and an original iPad and use them both. The problem with iPad is that it's good enough to just keep using it for what it does and "who cares" about fancy new one's when the old one's are built so well. Hard to justify a new iPad for most folks when they already have a few that work just fine.
In a nutshell - iPad has a longer re-buy cycle.
I too wish Apple would break them out, but with sales down as you've mentioned I don't think they'll start anytime soon.
astonishing figures..
What an incredibly successful company. Even when the product cycle is at a low ebb, and full-year profit is down, they remain super profitable..
Can you imagine what Apple's figures would look like if they listened to customers, updated everything on their product line, and increase the base storage on every product..?! Their profits would go supersonic!!!!
What an incredibly successful company. Even when the product cycle is at a low ebb, and full-year profit is down, they remain super profitable..
Can you imagine what Apple's figures would look like if they listened to customers, updated everything on their product line, and increase the base storage on every product..?! Their profits would go supersonic!!!!
Lotsa money, but still more than 10% down from last year. If that becomes a traditional decline in sales then its something to worry about for them. With Apples shift of focus to fashion products and phones, this might be the beginning of a negative ripple effect. But time will tell. Personally I dont find Apple to be the company that once kept mesmerizing me with stuff I wanted to buy. Today, less and less of their products appeal to me. (thats after owning an apple watch, all the iphones, all the ipads, imac and all the macbooks). It will be a long time before I buy more Apple products.
Last quarter we saw where Macs brought in more revenue than iPads. Fast-forward to this quarter and the Mac accounts for 3% more revenue than the iPad. LONG LIVE THE MAC!
Would have been the same for the 6s and 6s Plus, no?
That's the point of year-on-year comparisons.
Love the Cook spin quote we've had the largest number of android users switching to iphone this year of any year. Would love to know how many the did opposite.
That was what caught my attention. Thursday's updates may not be the last we'll see… praise Jeebus.
Yea, given that 85% of the world on Android and there are no other op systems who else can switch!