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Apple Reports 4Q 2019 Results: $13.7B Profit on $64B Revenue

falainber said:
iPads are not different from Macs and iPhones. iPad sales dropped (fairly drastically) before and they will do it again (probably soon).
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Now we are projecting in an attempt to be right? iPad sales have done phenomenally, to the tune of 16% y/y growth. Apple is clearly focused on mobile computing, even advertising iPad as a computer replacement. Laugh all you want, but it has worked (by the numbers).

Again, Mac sales are UP in 2019, so picking a single quarter that didn't have 2 product refreshes like 2018 did is silly.

iPhone decline has slowed from over 16% to just 9%. When the tough compares are over, even that will return to growth. the iPhone issue has been fixed and with 2020 on the horizon, watch for growth again. Remember, those iPhone users aren't leaving the platform. They have simply deferred the purchase of a new one. Eventually, they will buy it.

Mac user installed base is an all time high as of this quarter per the earnings call TODAY.
 
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sgw123 said:
Their profits would be up even more if I hadn't returned the 2019 13 inch due to it being the most unpleasant laptop I've ever had the misfortune to buy. As a 'hater' I have an iphone, ipad pro 12.9 (2018) and 2019 top spec imac.

That laptop was such a bad experience that I'm now making sure that any software I use from this moment forward will be Windows compatible.

But hey norbin, haters just gonna hate
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If you think the grass is greener by all means. Been there and done that.
 
Eriamjh1138@DAN said:
What the industry growth for the same period?
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Who cares? What was the industry profit on the machines they essentially give away? Hard to compare $2,000 laptops to $200 ones.

iPad also grew 17%, because Apple is pushing iPad replacement of laptops.
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ryanwarsaw said:
Would love to know who you think the other 4 are. I am guessing I hold at least three of them. PM me if you prefer.
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Warren Buffett, Satya Nadella, Jamie Dimon, Jeff Bezos, and Bob Iger. JNJ's CEO is up there too, Gorsky as is Pichai from Google.

Worst I can think of off the top of my head is Ginni Rometty.
 
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Substance90 said:
How is having less disposable income "no bearing on your life" after you needlessly overpay for an Apple device?
This is a zero sums game. This money wasn't printed out of thin air, it did actually come out of your pocket.
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It works because if and when I buy an Apple product (as I do many other stuff), I do so because I believe that the utility and benefit it brings outweighs the money I spent on it.

This is easily one of the more ridiculous arguments I have seen here thus far, and that says something.
 
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Substance90 said:
How is having less disposable income "no bearing on your life" after you needlessly overpay for an Apple device?
This is a zero sums game. This money wasn't printed out of thin air, it did actually come out of your pocket.
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To be clear, the people who bought Apple products reached into their own pocket, pulled out their own money, handed that money over to Apple, and Apple gave them a product in return.

This exact same scenario takes place constantly people engaging in transactions with Microsoft, Samsung, Google, Amazon, and countless other businesses and corporations.

None of this has any bearing on YOUR life unless one of the people engaged in those transactions mugged you and stole your money to do so. I kind of doubt that happened so no....this has no bearing on your life.

dogslobber said:
Any company that gives a dividend doesn’t know what to do with their cash. Cook is clueless and should resign immediately.
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LOL.....wait, that was sarcasm.....right?
 
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Substance90 said:
How is having less disposable income "no bearing on your life" after you needlessly overpay for an Apple device?
This is a zero sums game. This money wasn't printed out of thin air, it did actually come out of your pocket.
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I own some (Not a lot) Apple Stock. Apple pays me a dividend of about 5 grand a year. I spend less than that on Apple products each year. Apple is paying me to purchase their products! What a concept.
 
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Baymowe335 said:
Who cares? What was the industry profit on the machines they essentially give away? Hard to compare $2,000 laptops to $200 ones.

iPad also grew 17%, because Apple is pushing iPad replacement of laptops.
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Warren Buffett, Satya Nadella, Jamie Dimon, Jeff Bezos, and Bob Iger. JNJ's CEO is up there too, Gorsky as is Pichai from Google.

Worst I can think of off the top of my head is Ginni Rometty.
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Yeah I have MSFT, AMZN, and DIS. Thanks for sharing that and I apologize for being off topic. Back to the topic... Tim Cook's AAPL rocks.
 
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And Pootie Tang's comment is the clear divide on this forum - between Apple investors and Apple consumers. This site used to be about Apple enthusiasts and now it is for those who only care about how much money Apple can squeeze out of consumers - and doing so by producing the cheapest products at the highest profits suits them just fine.


Could we perhaps split the site into 'MacInvestors' and 'MacConsumers' - it might make things clearer.
 
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Pootie Tang said:
I own some (Not a lot) Apple Stock. Apple pays me a dividend of about 5 grand a year. I spend less than that on Apple products each year. Apple is paying me to purchase their products! What a concept.
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In the past few years I woke up to this concept and am now on my way to the same thing.
 
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Having said that, I realise this is a post about Apple's profits so should be a place for the investors to celebrate.

It's just a shame that the aims of investors and consumers seems to have diverged so much over the past few years. It used to seem that the goals of the two groups were the same - better Apple products!
 
sgw123 said:
And Pootie Tang's comment is the clear divide on this forum - between Apple investors and Apple consumers. This site used to be about Apple enthusiasts and now it is for those who only care about how much money Apple can squeeze out of consumers - and doing so by producing the cheapest products at the highest profits suits them just fine.


Could we perhaps split the site into 'MacInvestors' and 'MacConsumers' - it might make things clearer.
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You could just avoid topics involving the stock. What did you think you were going to find coming into a topic about Apple's earning beat? Also JFYI it's the fact that Apple makes great money they can employ the talent to make the products you seem to come here to cry about.
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sgw123 said:
Having said that, I realise this is a post about Apple's profits so should be a place for the investors to celebrate.

It's just a shame that the aims of investors and consumers seems to have diverged so much over the past few years. It used to seem that the goals of the two groups were the same - better Apple products!
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They are the same goals. People vote with their wallets and as such the popularity of Apple products drives the stock. You seem unhappy with the products but you are in the minority. Of course shareholders want Apple to make great products. Otherwise I would have invested in Fitbit.
 
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Substance90 said:
How is having less disposable income "no bearing on your life" after you needlessly overpay for an Apple device?
This is a zero sums game. This money wasn't printed out of thin air, it did actually come out of your pocket.
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Show me where consumers are forced to buy any Apple products.
 
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sgw123 said:
And Pootie Tang's comment is the clear divide on this forum - between Apple investors and Apple consumers. This site used to be about Apple enthusiasts and now it is for those who only care about how much money Apple can squeeze out of consumers - and doing so by producing the cheapest products at the highest profits suits them just fine.


Could we perhaps split the site into 'MacInvestors' and 'MacConsumers' - it might make things clearer.
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But I was a MacConsumer for years before I ever became a MacInvestor. Do you really think that its a one versus the other proposition? I like having choices as a consumer. No one has ever forced me to buy an Apple product and I do buy home computing products from many different companies. If I don’t want to spend what Apple charges, I buy from someone else. This isn’t rocket science. In the First World, consumers can exercise freedom of choice.
 
"it's the fact that Apple makes great money they can employ the talent to make the products"

My point is that Apple are not using the money they make to make great products anymore.

Anyway, I'll go and cry in a corner. While Apple spends the money on making tv shows and all the rest of the things that make money for investors, but which users of Macs couldn't care less about.

Because we're not on 'MacRumors' - we're on 'AppleInvestorsRumors'
 
The name of the website is a clue. Possibly also the history of the website.

But I agree the latter may be irrelevant.
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If you're saying that MacRumors readers care about what Apple is doing re their TV shows etc, from the point of view of the quality of their Mac products are concerned, I'd be pretty confused.
 
sgw123 said:
The name of the website is a clue. Possibly also the history of the website.

But I agree the latter may be irrelevant.
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If you're saying that MacRumors readers care about what Apple is doing re their TV shows etc, from the point of view of the quality of their Mac products are concerned, I'd be pretty confused.
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You are mistaking this website and Apple as a company. Apple is no longer a computer company it is Apple Inc. not Apple Computer. Ads saying "what's a computer?" etc. should give it away. Computers aren't the future. Had the iPhone been out when Arn started this site it would have probably been iphonerumors or simply Apple rumors. The Mac is such a small slice of what Apple does that it is nearly irrelevant these days.

How long will you complain after Apple itself discontinues all Macs?
 
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Pootie Tang said:
I own some (Not a lot) Apple Stock. Apple pays me a dividend of about 5 grand a year. I spend less than that on Apple products each year. Apple is paying me to purchase their products! What a concept.
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Dividends from mature stocks in areas such as commodities are fine. There's nothing a gas or electric company can do to reinvest in their business to create new value. Technology stocks have vast opportunity to reinvest profits instead of giving dividends. Dividends are a means of extracting profits from the company which should be reinvested. For a tech company such as Apple this is a truly terrible thing. It is an admission that the leaders of the company are utterly clueless about how to grow the business into new tech markets. Profitable markets, not crappy watches and useless TV show budgets. These disasters are squarely at the feet of Cook and his cronies.
 
The mistake I've made is that this website was for enthusiasts of Apple products rather than Apple profits.

You only need to look at the anticipation, and disappointment as of right now, for a Macbook Pro with at least a keyboard that consumers want to use, to show you that this website cares about the products more than profits.

Nobody who wants a reliable keyboard cares about the profilt implications for Apple. This is not an Apple PLC forum. It is a Mac forum. That includes all products - from a consumer point of view.
 
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