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Apple Reports Best Quarter Ever in Q1 2012: $13.06 Billion Profit on $46.33 Billion in Revenue
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It hasn't gone up $70. $360 was the floor, if it opens at $440 tomorrow (and it'll probably go down as people take profits), it'll only be up perhaps $30-$35 or so over the average of the last 6 months. I shouldn't have used the word "stagnant", but my point is the stock, even while increasing over time, is still way, way undervalued compared to its peers. No company in the world is producing profits as consistently as Apple and their investors are not getting rewarded proportionally for it. Making money, yes, but not as much as they should.
Since when was stuffing more features into a creation considered innovation by the true innovators? That's some hacks do, not creators.
Stuffing features into a creation for the sake of features is stupid. Innovation for the sake of innovation is awesome, and is at the heart of human kind.
I kind of had a feeling about earnings. I've held option positions over basically the last 2 years straight. I got out of my Jan12 calls a little early and missed some of the run up to earnings, but made up for it today. If the after-market jump holds I'll be up about 25% in 1 day.
The cash is worthless sitting on its balance sheet. It should send that to stockholders or buy back shares with it. It is hurting the value of the company. Makes return on assets terribly worse than it should be.
Those companies are in different industries than Apple. You can't compare PE across industries unless you like wasting your and my time.
All company accounting periods or fiscal years start on the first day of incorporation. It can be adjusted at a later date. Apple's fiscal year begins in October.
More than half their cash is offshore, so they aren't going to get as much bang for the buck with it.
Agreed. So you must surely have bought more stock, as an rational investor would do, if he thinks he sees an undervalued stock. Right? RIGHT?
Sorry, you don't get to determine how much a stock should go up. Supply and demand does that. If you aren't buying, what makes you think everyone else should be?
You're wrong. It is up exactly as much as it should be, because the only measure of how much a stock should go up is how much it did go up. If you think it should have gone up more, you should buy like crazy until it goes up to the level you think it should be at. If you're wrong, you'll lose money. If you're right, you'll make money. So again, why aren't you buying?
If it were any bigger, it wouldn't fit into my shirt pocket! If you want bigger, get an iPad.
MS IS DEAD. AND SO IS GOOGLE. AND SAMSUNG.
Another astounding performance by Apple; SJ must be happy wherever he is
The robot returns.
This is why apple is doing so well.
The iPhone is a HUGE margin device. With a $200 BOM cost, they essentially sell the 16GB 4S at cost and then have the carrier subsidize TWICE the manufacturing cost to them. The margin grows even more when they get another $100 for the 32GB iphone which has less than $30 in added cost and then another $100 for the 64GB iphone for another $30 in cost. That is why gross margin is 44.7%.
The iPhone is a monster. Apple will continue to pour all of their resources into making it the best device it can be because it draws huge numbers and draws people into other apple devices.
True. But they'll bring it back to the USA once they get a tax holiday. And they will get a tax holiday. The US government will blink first, because 5% or 10% of a TON of money is more than 30% of nothing. However much of that will be put back into hiring and how much will be sent to shareholders who put it into hiring (or into candy bars) doesn't matter, because right now, zero is being repatriated.
Right, and indeed I did. A lot. And repeatedly since it was under $200.
I do think a 10:1 stock spit would spur additional sales. For some people over $400 a share is just too much of an emotional barrier.
I also wish Apple would stop these lawsuits, as each time there is any tiny bit of bad news (like there was this morning), the stock price takes a hit, and takes longer to resume upward movement. Apple is dominating without having to get other products banned, it's really only harming the stock price, even though decisions against Apple really have very little negative consequences to their business. In other words, the risk is not worth the reward.
Ridiculous
So when are they changing the name of the site from macrumors.com to factsfromapplesq1earningsrelease.com
come on now, this is not product rumors.
So when are they changing the name of the site from macrumors.com to factsfromapplesq1earningsrelease.com
come on now, this is not product rumors.
You must have accidentally clicked on the forum thread about an article you didn't care about. Click the big red apple in the upper left corner of your screen and your frown will go away.
from the q+a: Q: Any impact on iPads from lower priced tablets on the market? How do you feel about the Amazon Fire?
A: We are really happy with 15.4 billion iPads
lol, that's a lot of ipads. typo? lol that's over 2 ipads per person on earth
A: We are really happy with 15.4 billion iPads
lol, that's a lot of ipads. typo? lol that's over 2 ipads per person on earth
Sadly you must realize that the people for which $400 is an emotional barrier do not have significant enough wealth or numbers to make a difference in the stock market. If you can't bring at least 1 unit to the trade (i.e., $1 million), then you really aren't doing a trade that is going to influence the market in any significant fashion. For the big boys, the number is meaningless, it is all about percentage moves.
MR has ALWAYS covered apple financial results. The title even says "NEWS and rumors you care about."
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A visual look.
Good chart. Goes back to what I was saying. Revenue and profit increases roughly track with iPhone revenue increases.
Nobody cares... except perpetually hand wringing socialists who are obsessed with the redistribution of wealth and their screwy notion of economic justice and entitlement. Try reading Rand.