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Apple Reports 4Q 2022 Results: $20.7B Profit on $90.1B Revenue
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Ads. Lowest hanging fruit and hardly any work involved. Need a quick 2 billion to buy NFL Sunday ticket rights.
How are they over priced when people still buy them in droves? Maybe you don’t understand how this works?
I bought 2 lightning to USB-A cables since the old ones had frayed. Having problems with both. I did my part this quarter but I won’t buy any more Apple cables, so I hope Apple has factored that in their forward guidance.
Man, Apple's quarterly revenue chart looks much like a slowly building Himalayan mountain range under tectonic pressure.
This company is unstoppable. Apple is just like death and taxes. I should have bought some more stocks. I am going to start buying one or two shares each month. Its just common sense investment. People will always buy new iPhones, not because they are new iPhones, but the reality is, your old iPhone will get old, iPhones get stolen, broken, new technology. The more than a billion users just prefer them, keep them longer, they are sticky, the services and app ecosystem that is built on top of it and surrounding hardware ecosystem itself: Mac, iPad, Watch, Home Pod, AirPods. #Unstoppable
And who is to tell what comes next?
And who is to tell what comes next?
I like how some people are trying to spin this as a bad report or even so-so. While nearly every other company struggles, Apple beats estimates again. An unstoppable force.
And you don't NEED them like groceries
Raising the subscription price and adding more ads may initially increase the services revenue, but I think it will eventually backfire.
Adding more values to Apple One and individual subscriptions is what would ultimately drive more subscribers, such as increasing the storage to the iCloud+ and more Apple One tiers.
Adding more values to Apple One and individual subscriptions is what would ultimately drive more subscribers, such as increasing the storage to the iCloud+ and more Apple One tiers.
I'm sure this has been said ad nauseam but companies exist to extract the maximum amount of money from consumers. They are not a charity and don't hold a gun to our collective heads to purchase their products.
Surely companies like Google and MS with their extremely deep pockets can put out a product comparable to what Apple has built up for last decade and simply compete on price.
If we made a graph how coincidentally they introduce bugs with new software updates and put that on top of this graph. You will see a fine line of forced upgrades that enabling them the YoY revenue.
It's a great earnings report for Apple, especially given the foreign exchange headwinds. Cook is delivering. Looking for disasters? Meta and Amazon are getting crushed in after hours trading right now. Meta is down about 25% and Amazon about 20%. Lots of blood in the water.
Why in the world would Apple lower prices when their products are clearly priced right? As evidenced by customer demand and purchases.
For example...600,000+ iPhones manufactured and sold every single day of the year (on the average).
Apple raises prices to reflect increased product manufacturing costs, and increased wages and benefits to Apple employees.
Not really related, but Apple has already initiated their plans for adds and increased prices for most services. I’m not saying anything new, nor am I implying I like it. I’m just the answer to to the individual who asked “how will Apple fix their declining services revenue? “.
Well, they will continue to increase prices to compensate the loss, till they hit the pain threshold.
Is the pain threshold $2000, $2500 or $3000 for e.g the mid iPhone Pro?
I wonder what people are willing to pay for it…
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The iPad decline is a product of comparing apples to oranges. Last year the new model sales began in the 4th quarter (September), this year people held off buying until the first quarter (October) when the new iPads were launched. I know I did. Nothing in these numbers provides any evidence concerning the iPad’s popularity.
Well, I don't think their products are overpriced - I use my iPhone almost every day for something, so it's worthwhile to have a good one. They are pricey, but not overpriced. It's even worthwhile for me to upgrade to the very best iPhone yearly.
If they were overpriced, there would be stacks of them at the stores with big "ON SALE" stickers trying to get you to buy one, but instead of that situation, you are lucky if you can order one and get it in several weeks right now right? So if they are over priced why are people buying them like this?
Is this good? I imagine the rest of the market will go however these results are interpreted tomorrow.
Yep, you need to be aware of the specific circumstances when doing year over year quarter earnings report comparisons
You mean a lowered guidance which was expected