What about the new iMac Pro + new HomePod Smart Speaker for Holidays? Apple's not talking about them or advertising them...why?
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Apple Reports 4Q 2017 Results: $10.7B Profit on $52.6B Revenue, 46.7M iPhones
- Thread starter MacRumors
- Start date
- Sort by reaction score
Yeah, literally. Don't get me started on the how the tax holiday is being sold as a general economic benefit, but yes, I expect the corporations will get what they want, which pretty much they always do. In Apple's case I'd be surprised if given the opportunity they'd bring all of it back, though. They still need capital for overseas operations.
[doublepost=1509666394][/doublepost]
Some people win a pony, and all they can think about is horse manure.
No. It’s a good thing. Apple has created an ecosystem where users PAY for stuff from developers and media companies. That means it’s someplace that other companies want to sell their software and media wares.
I’d rather them buyback $100b in stock than give me a 1 time special dividend.
[doublepost=1509670734][/doublepost]
What he’s saying is aapl still trades too cheaply relative to those companies. AAPL literally makes double the net income of those companies, but Alphabet is only about 15% less valuable.
I’m your fan.
[doublepost=1509670961][/doublepost]
I hope you’re being sarcastic/joking.
Otherwise you’re SO delusional that it’s not even funny...
If only it was just about net income. More than that, it's about earnings growth rates. Apple simply hasn't put up very impressive numbers in that department over the last few years (negative, even), so their multiples have compressed, just as everyone with a bit of experience in investing should expect. Nobody can credibly state ahead of the fact that a company is trading too cheaply relative to anything, unless they own an accurate crystal ball, because the markets are pricing in everything known about a company in real time.
Ripping who off? Obviously people agree with the price if they pay it. You aren't forced or even inclined to buy an iPhone. You can stick with an old iPhone, which Apple supports well, or go to the higher market share Android OS if you want.
Last edited:
The way this is shaping up, the past weeks' gain is gonna be more than enough to cover for the price of my damn expensive X
Just FYI, I have an MBA from Wharton and own well into 4 digits of AAPL shares. I’m also long Alphabet and MSFT. I say it not to brag, but to tell you I totally get that it’s about other stuff, I really do. It’s also not only about growth either, as more recently, Apple is returning to faster growth than MSFT which has a much higher multiple. It’s also about a services company versus perceived hardware company. I think AAPL is transitioning more and more to a services company and ex cash and 2018 estimates, AAPL is way cheap.
In the end, it really is all about the earnings. Takes time, but that’s the game. No earnings, you’ll eventually come back to earth, particularly in a more challenging market than the current bull.
Last edited:
Being pragmatic, the customers have spoken, and they don't think they are being ripped off.
I think AAPL is worth $250-$275 today and do not see any reason they can’t be a $2T company in 5 years. With their $175b buyback, share price will increase without valuation even needing to go higher.
Bottom line, I am never selling until the facts change. Undervalued today, printing money, cash hoard, tax reform, happy customers, affluent customers, great products, and terrific management.
Last edited:
[doublepost=1509676835][/doublepost]If iPad and Other were graphed under the iPhone it would greatly improve the clarity.
Apple today announced financial results for the third calendar quarter and fourth fiscal quarter of 2017.
For the quarter, Apple posted revenue of $52.6 billion and net quarterly profit of $10.7 billion, or $2.07 per diluted share, compared to revenue of $46.9 billion and net quarterly profit of $9 billion, or $1.67 per diluted share, in the year-ago quarter. The revenue and earnings per share numbers were company records for the fourth fiscal quarter, although the total profit fell short of the 2015 figure.
Gross margin for the quarter was 37.9 percent, compared to 38 percent in the year-ago quarter, with international sales accounting for 62 percent of revenue. Apple also declared an upcoming dividend payment of $0.63 per share, payable November 16 to shareholders of record as of November 13.
For the quarter, Apple sold 46.7 million iPhones, up from 45.5 million in the year-ago quarter. iPad sales were up to 10.3 million from 9.3 million in the fourth quarter of 2016, and Mac sales rose to 5.4 million from 4.9 million.
For the full fiscal year, Apple generated $229.2 billion in sales with $48.4 billion in net income, up from $215.6 billion in sales and $45.7 billion in net income for fiscal 2016.Apple's guidance for the first quarter of fiscal 2018 includes expected revenue of $84-87 billion and gross margin between 38 and 38.5 percent.
Apple will provide live streaming of its fiscal Q4 2017 financial results conference call at 2:00 PM Pacific, and MacRumors will update this story with coverage of the conference call highlights.
A complete transcript of Apple's fourth quarter earnings call is ahead.
Click here to read rest of article...
Article Link: Apple Reports 4Q 2017 Results: $10.7B Profit on $52.6B Revenue, 46.7M iPhones
Most people will probably disagree with me, but I think Tim has been running the company better than anyone could have done it. Sure, he’s not the inspiring, charismatic Steve, but he sure knows how to run the company.
Also, I’ve noticed he’s been a lot more involved with the products lately and is more inspiring in general.
He is doing such a fantastic job right now. I think he deserves way more credit than he’s currently getting.
Maybe it’s just me.
Also, I’ve noticed he’s been a lot more involved with the products lately and is more inspiring in general.
He is doing such a fantastic job right now. I think he deserves way more credit than he’s currently getting.
Maybe it’s just me.
He's the perfect COO. But not a visionary charismatic leader. I think a super successful company needs both.
You say this, and we are basically in agreement, then you say:
[doublepost=1509685721][/doublepost]
And I wonder again, where did you buy your crystal ball?
More to the point, if you say a stock is worth $100 a share and the markets never say it's worth more than $50, then who is right, you or the markets?
BTW, I am an AAPL shareholder since September 1997, and I have never once in that time tried to guess what it is worth in any way other than what other investors will pay for the shares.
[doublepost=1509686431][/doublepost]
Them is some nice bars and pies. Thanks for sharing!
Last edited:
You might get some n trouble if you start talking about the Note 8 in here....
the iPhone X has no new features, nothing, and you’ve called it innovative. When did Apple last ‘innovate’ it’s desktop lineup?
As for well priced, you must be a AAPL share holder.
What do you consider to be old? And if you are entwined in the Apple Exo System then you can be getting ripped off, and lots of people look or me, who happily use 128GB storage, would be ripped off if we bought ugh this a 256GB model actually, because 64GB just isn’t enough. That is a rip off.
And let’s consider the iPhone has had a price rise 4 years straight now, some years more then once. Considering their costs I don’t consider it to be market conditions or exchange rates.
Nope. One does not need to be an AAPL shareholder to appreciate excellent and well-designed Apple products. Just ask the majority of the 200+ million people who will purchase an iPhone this year, similar to years past. People who after comparing competitive mobile phone products, decide to open their wallet and purchase an iPhone. Apple selling greater than 500,000 phones every day (on the average) clearly speaks to the iPhone being well-priced.
If it's outside of your price range, no worries, there are plenty of other phones out there.
