Apple Reports 4Q 2018 Results: $14.1B Profit on $62.9B Revenue, 46.9M iPhones

[Simplifier]

To summarize, Apple posts its best fourth quarter ever and the stock goes down 4%. People are stupid. Plain simple.
The iPhone, now in its 10th iteration, is a very mature product. People will stop purchasing each new version, and this is logical. Most people don’t replace their laptop every year. The same will now start with the iPhone. And Apple will still continue to be a cash machine.
Shareholders should focus on the long term.

 

[Baymowe335]

Incredible, incredible quarter.

This was 20% y y revenue growth and 40% EPS growth.

They will blowout their guidance for next quarter.

 

[dogslobber]

Amazing. Now do something worthwhile with all that profit.

The fact they pay out a dividend should tell you all you need to know.

 

[fathergll]

For everyone wondering why Apple doesn't update their Mac computer lineup as much as you would like this is your answer. Apple is a smartphone company who sells computers on the side.

 

[Baymowe335]

To summarize, Apple posts its best fourth quarter ever and the stock goes down 4%. People are stupid. Plain simple.
The iPhone, now in its 10th iteration, is a very mature product. People will stop purchasing each new version, and this is logical. Most people don’t replace their laptop every year. The same will now start with the iPhone. And Apple will still continue to be a cash machine.
Shareholders should focus on the long term.

The real traders will start tomorrow. This is just nonsense with light volume after hours. Slightly disappointed with guidance maybe, but Apple is sandbagging.

 

[tkermit]

You forgot prices up.

True. Although I'm not sure how sustainable the increase in ASPs is as sales are declining.

 

[dogslobber]

To summarize, Apple posts its best fourth quarter ever and the stock goes down 4%. People are stupid. Plain simple.
The iPhone, now in its 10th iteration, is a very mature product.

Mature == flat growth. iPhone is their biggest revenue generator.

Wall St only rewards GROWTH.

 

[FFR]

“iPhone: 46.889 million units, $37.185 billion revenue”(+29% revenue YOY)

Boom!

“The average selling price (ASP) of the iPhone is $793, up from the $617.99 ASP from one year ago. This continues a pattern seen in earlier quarters, with the main ASP driver being the premium pricing of the iPhone X, iPhone XS, and iPhone XS Max. Sequentially, iPhone ASPs are up substantially from the $724 figure recorded in quarter three.”

So where are all the doubters that claimed the iPhone wasn’t selling due to high prices and a lack of demand.



Anybody care to guess how much Samsung mobile posted for the quarter.......1.9 billion

 

[nutmac]

To summarize, Apple posts its best fourth quarter ever and the stock goes down 4%. People are stupid. Plain simple.

That's not how stock works. Stock price is based on speculated future performance. The growth were close to Apple's guidance, in fact, for iPhone, the unit sales number is pretty disappointing. Apple's guidance for the next quarter is also not particularly aggressive, which suggests slower than expected XR sales.

 

[69Mustang]

I also imagine that some of their software offerings like Logic and Final Cut would also fall under that category.

That's falls under MAS, which is Services if ImI not mistaken.

 

[tromboneaholic]

For everyone wondering why Apple doesn't update their Mac computer lineup as much as you would like this is your answer. Apple is a smartphone company who sells computers on the side.

Five-years-ago called, they want their comment back.

 

[psac]

Western society has been Carefully driven to be Constantly online, thus iPhones are Essential.... imagine if the gov had never released the Internet on us... where would Apple be??

Thanks Al Gore.

 

[44267547]

Just goes to show the price increases meant nothing. People will still buy their products in their droves.

Which is a direct testament to their quality hardware standards and customer support. Those are two key ingredients that is crucial to Apple’s success, aside from the branding, everyone knows that Apple’s products are some of the most long lasting and well supported throughout their lifespan.

 

[saturn88]

That's not how stock works. Stock price is based on speculated future performance.

Right. I guess will have to buy more tomorrow at discount!

 

[LEFT ARROW]

Thanks Al Gore.

EXCELSSSSSIIOORRRRR!!!

 

[Newton1600]

27 PERCENT SALES GROWTH!

 

[Kabeyun]

Interesting that, as everyone’s talking about how Apple is now just a mobile device company, with all this attention on the iPad/Pro line, they’re still making twice as much from Macs as from iPads. No one needs to point out that the majority of their revenue is from iPhones. Just saying that if iPads are an important revenue stream, good ol’ Macs are currently doubly so.

 

[Falhófnir]

Good $ numbers though it's got to be a little cause for concern that volumes are still flatlining or falling? There's only so much you can pump the price on flat volumes to generate revenue growth realistically

That ever-mysterious "Other".

Interest on their cash hoard

 

[citysnaps]

Apple's "Other Products" category, includes the Apple TV, Apple Watch, Beats products, iPod, and Apple-branded and third-party accessories.

And HomePod.

 

[fathergll]

Five-years-ago called, they want their comment back.

If your reading comprehension skills were as good as your snarky comments then you might realize my comment wasn't meant for you.

 

[dumastudetto]

justincredible results from Apple
Only Apple can do this and I am sure they will keep doing it forever. I'm so bullish about the future.

 

[Baymowe335]

Mature == flat growth. iPhone is their biggest revenue generator.

Wall St only rewards GROWTH.

40% EPS growth and 20% revenue growth, y/y.

 

[Kabeyun]

Apple setting profitability records all over the place. Naturally, after hours shares are down 3%. I give up.

 

[44267547]

Also, guaging the chart, nice to see that there are services are steadily climbing, especially with expansion of Apple Pay, and of course factoring in iTunes/App Store and Apple Music services. Most seemingly over-look Apple’s services as a key component to generating revenue, that’s a massive contributor to their growth.

 

[whsbuss]

Don't you love how the market is selling shares? down 4% - dumb