Apple Reports 4Q 2017 Results: $10.7B Profit on $52.6B Revenue, 46.7M iPhones

[apolloa]

Wow, so dumping the 128GB storage option will really help those profits even further, although Apple said it couldn’t afford that option...

Glad to see the phone company making more money.

 

[Brandhouse]

Apple is doomed. Greedy. Lower the iPhone X price !!!

Why? They're a business and the idea is to make a profit. Businesses will always set unit prices at what they think the customer will pay. Don't want to pay for something, then that's fine.

 

[rafark]

How come there are results of the fourth quarter if it is yet to finish?

 

[Apple Corps]

Not nearly as old, boring and overused as all the naysayers repeating it (and similar comments) while actually being serious.

My sense in reading those posts is that 95% of them are being sarcastic. I don't believe that any serious person has believed Apple is doomed. I've been a naysayer about Cook and his leadership but continue to run Macs and have kept my shares for over decades.

 

[apolloa]

$84-87 billion projected for Q1 2018?

Ridiculous numbers. That’s a full $6-9 billion MORE than their best ever Q1.

And people are still going to yap about production difficulties with the iPhone X? Or complain about the price and predicting nobody will buy it? People hate the notch? People are mad they’ve dropped TouchID?

How does it feel to be so utterly wrong?

No offence, but you could be utterly wrong considering you just made a prediction and not post facts. I suggest you wait till another half a year and see if you get proper X sales figures before making that claim.

 

[DotCom2]

Next quarter is going to be GINORMOUS!

 

[Chloros]

ALL COMPANIES SHOULD SHUT DOWN...WHY BOTHER! HEIL APPLE!!!!

 

[deanthedev]

How does it feel to be so utterly right? Both matter about as much as a picked booger.

I don’t ever recall making any specific predictions about how Apple would do. Unlike countless others here have.

Inevitably the inb4 and i told you so DOOMED "Apple fanatics" typically outnumber the actual DOOMED "Apple detractors" by about 500 to 1. It's like you guys can't wait to inundate a thread with ironic "DOOMED" quips... as if they're pithy observations. They're not.

500 to 1, huh? You have any numbers to back that up?

The reason why the doomed comments are funny is because of the naysayers repeating them for years and always being wrong. These posts wouldn’t exist if it wasn’t for the actual “doomed” predictions previously being made against Apple. Or do you think they just spontaneously started happening without any reason?

 

[apolloa]

Surprised iPad isn't higher. The new iPad Pro is a hell of a device, especially on iOS 11.

Yes but most people want an iPhone and considering they cost double the cost of an iPad nearly something has to give.

 

[Bart Kela]

Most importantly.

Why is anyone who doesnt hold shares in appl celebrating this?

First of all, the stock symbol is AAPL, not 'appl'. APPL is the now delisted symbol for Appell Petroleum Corp.

Like mentioned above, as an American, it's good to see such a big company do well. I live in the SF Bay Area, so it's also good to see a local company do well. They attract a lot of quality employees, not just at their corporate campus, but also at their worldwide network of retail stores.

I am no longer a direct shareholder of Apple, however I certainly have other investments -- index funds that follow the S&P 500 and Nasdaq -- that include Apple as a component.

In fact, if you are an American with a retirement portfolio, most likely you are indirectly holding some shares of AAPL. Same if you have a pension plan (for example, a teacher's union).

 

[KPOM]

Most importantly.

Why is anyone who doesnt hold shares in appl celebrating this?

Who says we don’t hold shares?

 

[Abazigal]

Burn the naysayers.

/s

 

[deanthedev]

No offence, but you could be utterly wrong considering you just made a prediction and not post facts. I suggest you wait till another half a year and see if you get proper X sales figures before making that claim.

No, I quoted Apples guidance, which history has proven to be extremely accurate.

Glad to see the phone company making more money.

You claim Apple is a phone company. So how are they going to hit that $84-87 billion unless they sell a TON of iPhones? Specifically a TON of the iPhone X.

 

[redmac]

How come there are results of the fourth quarter if it is yet to finish?

It's fiscal quarter, not calendar quarter.

 

[citysnaps]

I’m glad this will prove all the doubters wrong.

Sadly it won't.

Ragging on Apple and/or TC is the only way some can feel good about themselves. At least for a few minutes.

 

[Pootie Tang]

Most importantly.

Why is anyone who doesnt hold shares in appl celebrating this?

Apple has been able to build tremendous brand loyality; many consumers who purchase a product feel a part of "the family" and want to see the company do well. Why do some people prefer ONLY BMW, Mercedes, Cadillac, or Lexus when Kia, Chevy or VW will get you there for a lot less money. Also millions of consumers may not be individual stockholders but they know that APPL is in their retirement 401.k or their mutual fund/annuity.

 

[citysnaps]

Wow, so dumping the 128GB storage option will really help those profits even further, although Apple said it couldn’t afford that option...

Glad to see the phone company making more money.

I sure hope so. Smart move and priced right.

 

[Abazigal]

Most importantly.

Why is anyone who doesnt hold shares in appl celebrating this?

The same reason we cheer on our favourite sports team even when we are not related to them?

It’s just awesome to see Apple at the top of their game and amazing to see how such an Apple competes in today’s business landscape.

The critics and the trolls are never going to stop coming, of course. Tis a shame.

 

[Nunyabinez]

My sense in reading those posts is that 95% of them are being sarcastic. I don't believe that any serious person has believed Apple is doomed. I've been a naysayer about Cook and his leadership but continue to run Macs and have kept my shares for over decades.

Obviously Apple is doing extremely well financially today, however there are numerous examples of companies that at the height of their success made decisions that ultimately lead to their demise. I suggest that you read "The Innovator's Dilemma" by Clayton Christensen.

I'm not one of those saying that Apple is Doomed, but all companies eventually disappear, or at least become shadows of their former selves.

I hope this doesn't happen to Apple. As a consumer I am more and more unhappy with many of the decisions that they make. And while there are many many Apple devotees for whom Apple can do no wrong, there are also many many that are frustrated with choices that while they may make them lots of money, aren't really in the end user's best interests.

Steve Jobs felt that if you make product that people love you will make lots of money. I don't feel like that's what Tim cook is doing. I think he is making products that have high gross margins. It will remain to be seen how long people continue to buy them.

I am anxiously awaiting the new modular Mac Pro (I know that it is a minority of a minority of the sources of Apple's revenue) and I really hope that they don't screw it up.

 

[Pootie Tang]

ALL COMPANIES SHOULD SHUT DOWN...WHY BOTHER! HEIL APPLE!!!!

A nice thing about free markets is there's room for all!

 

[tech4all]

That's what happens when you still offer 5400RPM hard drives...

 

[citysnaps]

That's what happens when you still offer 5400RPM hard drives...

Absolutely, yes!

Choice is good and thankfully there's a low-cost Mac available for those with modest needs/requirements, providing Apple with a larger customer base, driving more sales.

 

[TallManNY]

This is an insane amount of cash and marketable securities to have on hand.

"Apple has $268.9 billion in cash and marketable securities."

Too bad Apple didn't use more of it to buy its own stock last year (or even better, the year before that).

 

[artfossil]

Surprised iPad isn't higher. The new iPad Pro is a hell of a device, especially on iOS 11.

iOS 11 made my original iPad Pro seem like a brand new device. I waited a while to get it but it still is coming up on two years and I'm astounded that I've used it every day and it still seems "perfect" to me and works so well. One of the best purchases I've made in terms of all the work (and play) I've used it for--hours and hours every day.

 

[Baymowe335]

These numbers do not include iPhone X and only a couple weeks from iPhone 8 and Apple Watch 3.

Any questions haters?

Expectations were $1.87 and Apple did $2.07. Unbelievable.

Guidance is $87B for Q1...projects to almost $1B in sales DAILY.
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This is an insane amount of cash and marketable securities to have on hand.

"Apple has $268.9 billion in cash and marketable securities."

Too bad Apple didn't use more of it to buy its own stock last year (or even better, the year before that).

Still undervalued and they’ve bought back close to $170B at an average price of around $90.