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Apple Reports Best Quarterly Results Ever in Q1 2013: $13.1 Billion Profit on $54.5 Billion in Revenue [Call Ended]

don't wanna brag,what the hell... but i made about $6500 and counting.. shorting apple..

looks like it's gonna break $470 :) i shorted AAPL 2 days after i got my iphone5, real piece of shiat ip5 is.....

ouch! 468.5 as i type! was 482+ when i started typing this post :D

whoaa < 462 now lol taking half my gains around here :) sweet mamaaa :D
 
macs4nw said:
The stock market to the un-initiated, seems to work in mysterious ways. I've noticed that quite often, when a certain stock in general, is expected to do well, it goes down, and vice versa. I think it's because 'we' think here and now, whereas investors think long-term, and look mostly at future indicators.
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No, no, no... It is based on speculation and gambling.
 
MacFather said:
"Most prolific period of innovation and new products in Apple's history."



Tim, taller iPhone and smaller iPad is not innovation.
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Then what is? Putting NFC into your phone which requires over a minute to transfer a photo, or 16+ minutes for a 50MB video, when I could transfer it over the internet in a fraction of the time, and then marketing that as a feature?

Is that what you call innovation? If so, I don't want it.
 
HishamAkhtar said:
Wow I'm surprised how Mac sales dropped considering the introduction of the retina Macbooks and new iMacs.
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Well, people are buying iPads. Also, no new Mac pro, and constraint newiMac--which went on sale in december. Also, people waiting for new Intel processors maybe for the MacBook Air?
 
Anyone watching CNBC? Did I hear John say that Apple won't sandbag anymore to beat earnings and will give realistic guidance from now on?
 
damn the sell off happening after hours is crazy lol...i'm almost scared to wait till tomorrow and see what happens. ah well, didn't get this far not taking risks...
 
I just sold at 475. I am long at 250 and 350, so I made a profit, but I think we'll go down to $425 before we see any resistance. The conference call wasn't great either. Apple needs another product to push growth or they're going to settle down at these levels. They have nothing really new except maybe an Apple TV coming. That doesn't mean apple isn't a great company. It's just not somewhere you want onto invest short term.
 
lilo777 said:
Guys stop with this nonsense.

Apple's own guidance for Q4 (their fiscal Q1) quarter was $52 billion.
Market estimates were $54.73 billion.
Actual sales - $54.5 billion.

So, Apple guidance was way off. One might say that Apple's management are simply idiots.
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One might also say that giving guidance at the start of the quarter is just slightly harder than giving guidance long after the quarter has finished. And one might say that Apple's management are absolute wizards for producing $2.5 bn more sales than they predicted.
 
Already $464 in AF

This is probably too low. Risky ones may want to consider buying it now if just for a "dead cat bounce" tomorrow.
 
LagunaSol said:
Welcome to AAPL. Those of us who are in long have seen this again and again. And again.

The wise move is to remain calm and hold (or buy on the dip). The stock always rebounds. The P/E is absurd (look at AMZN - yikes!) and Apple is still printing money. I fully expect to see $700 again, and beyond. Apple is no Microsoft. There is still plenty of market left to conquer and massive opportunity. Apple is still a minority player.
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That's all correct, the problem is Wall Street pricing won't reflect any of that. That's true of most companies, but AAPL is especially out of touch with fundamentals. When you post record profits and still get beaten down for it, repeatedly, you have a problem, despite it being completely illogical.

It's going to take years for the stock to get anywhere near $700, if it ever does get back there. That's a huge hole they have to dig themselves out of and they haven't even "turned the corner" yet WRT stock price. I hate to say it, but they're screwed. There seems to be absolutely nothing they can do to convince Wall Street they're going to continue to be profitable. If record profits don't do it, what possibly could? Apple TV? I doubt it.
 
duffmanth said:
I'm not surprised about Mac sales dropping off, the whole PC market is dropping off. There's only a very small segment of the population that's going to pay $2000+ for a laptop anymore.
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And of the segment willing to pay 2000+, the majority of those people will probably only look at Apple laptops. Just the way Apple wants it: the upper crust. Let all the other manufacturers fight for scraps.

Not that I own any Apple Stock, but this whole thing is BS.
 
alexgowers said:
Who cares what the market does. The investors are like rats on a pirate ship. They bare no relationship to the actual health and future of a company.

All I see is a great company with top design and build quality, it doesn't matter a jot what the stock prices are doing.

All time profit records is amazingly good. Despite this the Stock is down because investors are selling no matter what as they can buy back same stock after it has fallen. It's gaming the system and devalues all companies and is why the stock market system keeps crashing making hard working counties broke. Do you really think the Greek caused their own financial crisis, nope they work no less hours than any country, it's down to the theifs at the exchanges making money off of other people's hard work. Crooks the lot of them.
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you think retail moves the market? lol
 
The stock is down 10% after a record quarter that was broadly in line with expectations. The new "transparent" guidance seems to be the culprit. I wonder if it's time for Apple to put that $137 billion to good use with a game-changing acquisition. Clearly the expectation among the market is that Apple's best days are behind it.
 
Eadfrith said:
I suppose we can see why Apple are in no rush to spend money on developing a new Mac Pro.
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The cart and the horse. They have a relationship.

If you don't update on a regular, timely basis, sale are going to crash.

Apple is not developing a new Mac Pro because sale are down,
sale are down blah blah...

There, that was easy peasy, wan't it. It's not rocket surgery. :rolleyes:
 
AHDuke99 said:
I just sold at 475. I am long at 250 and 350, so I made a profit, but I think we'll go down to $425 before we see any resistance. The conference call wasn't great either. Apple needs another product to push growth or they're going to settle down at these levels. They have nothing really new except maybe an Apple TV coming. That doesn't mean apple isn't a great company. It's just not somewhere you want onto invest short term.
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I sold at $485 last week. They really need that TV and a new revenue source
 
Down to $461. This is absolutely crazy. $13 billion in profit and the stock is sinking like the Titanic. WTF? :eek:
 
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