Apple Reports First Year-Over-Year Revenue Decline Since 2003: $10.5B Profit on $50.6B in Revenue

[Apple Corps]

Apple's R&D spending says otherwise...

But by all means, lets freak out that Apple is within the guidance they themselves set.

No - the issue is that AAPL is trading where it was 5 years ago - Cook owns that 100%. He is, and has been, failing at his primary goal of capital appreciation for shareholders!!!

 

[VMMan]

Tim Cook is John Sculley 2.0.

 

[Santabean2000]

Spending on R&D means nothing. It's how it is spent and what revenue stream can be created from it. Otherwise, it's just a glorified science project. What unique innovation have we seen from Apple these last five years? Just better, faster, cheaper. Not a bad way to make short term profits but it shouldn't be at the expense of long term innovation.

The point is that they are dropping the ball on their current lineup; letting products rot on the vine...

If they spent less time designing watch straps and more time devoted to having the best Macs possible I think there'd be a lot of people not so concerned about things. Macs are what enable everything else to work, i.e. Xcode/App Store --> iOS/Apple TV etc

Macs are also the favourite of the original fanbase - the cheer leaders. Apple is losing it's voice.

 

[NT1440]

No - the issue is that AAPL is trading where it was 5 years ago - Cook owns that 100%. He is, and has been, failing at his primary goal of capital appreciation for shareholders!!!

I don't give a **** about Wall Street, and I don't understand why this country is busy catering to it while they are ****ing the planet.

That said, the numbers don't lie, Apple is working on something big.

 

[EricTheHalfBee]

For a site that's supposed to be about Apple and their products there sure are a lot of concern trolls here.

For a minute I thought I mistakenly typed androidrulesapplesucks.com into my browser.

 

[batchtaster]

When you make products that disrespect your customers, you lose sales. Simple.

Messy and cluttered product lines.

Poor and outdated product specs.

Exploitative upgrade prices.

Terrible marketing.

Glib focus on crass fashion items.

Tacky accessories.

Apple needs to refocus. Now.

Sounds like someone thinks their personal taste is a fact.

 

[satchmo]

Spending on R&D means nothing. It's how it is spent and what revenue stream can be created from it. Otherwise, it's just a glorified science project. What unique innovation have we seen from Apple these last five years? Just better, faster, cheaper. Not a bad way to make short term profits but it shouldn't be at the expense of long term innovation.

Exactly...there's a couple of years of wasted R&D spend on that watch thing.

 

[NT1440]

Exactly...there's a couple of years of wasted R&D spend on that watch thing.

Do yourself a favor. Bookmark this post and set a reminder for 3 years. Have yourself a great heaping of crow.

You clearly have no idea where this field is going.

 

[Dmunjal]

Do yourself a favor. Bookmark this post and set a reminder for 3 years. Have yourself a great heaping of crow.

You clearly have no idea where this field is going.

What field? What new field has Apple successfully entered in the last five years?

Apple should be a leader in cloud. But they use Google and Amazon?

Where are they in social media?

In services?

In entertainment?

In electric vehicles?

I hope you're not investing on a big bang in three years.

The only thing on the roadmap is the iPhone 7.

 

[iPhaithful]

That's a pretty big reduction in revenue but I'm sure that there is no cause for concern. Innovation curves are slowing down honestly, the phones that are out now do what the basic consumer wants them to do. I don't particularly like the release of the SE iPhone but I understand that the phone is initially designed with the intent to penetrate an untapped market in the middle east. I figure that this is just a slow period for the company. No reason to panic though, I'd hope.

 

[kidaje]

The problem with Apple is NOT Tim cook, its Jony Ive.

Ive wants to change Apple to a fashion company, but dont know how..

So focus is on wristbands, ugly iPad "smart" keyboards, thin iPhones, non intuitive iOS, useless iPad "pros"

 

[Kaspersky]

Wow, people is not buy stuff just for an label on it...

 

[satchmo]

Do yourself a favor. Bookmark this post and set a reminder for 3 years. Have yourself a great heaping of crow.

You clearly have no idea where this field is going.

Right, and you do?
But why 3 years? Surely if it was any good, it wouldn't require 4 years to take off.

 

[jonnysods]

$o much money!

 

[Andrei90]

Major miss, particularly on the upcoming quarter. 2016 is shaping up as an awful year for Apple. Kuo may have been right. Hopefully they can right the ship in 2017.

Kuo is always right.

 

[dogslobber]

This is what happens when Steve's todo list runs out. You can't maintain the lead without a visionary in charge. Apple is now a design by committee company. Same as all the other non-entity tech companies. You've had a good ride AAPL!

 

[NT1440]

Right, and you do?
But why 3 years? Surely if it was any good, it wouldn't require 4 years to take off.

Learn about technology miniaturization and production roadmaps.

Sold more than the original iPhone, but apparently only blockbuster initial sales and wall street bloviations matter in this reality.

Hint: 1 in 3 Americans are on track to develop diabetes and the medical sensor field is EXPLODING.

You may think smartphones are going to be the future of communication, but they're not.

 

[Apple Corps]

I don't give a **** about Wall Street, and I don't understand why this country is busy catering to it while they are ****ing the planet.

That said, the numbers don't lie, Apple is working on something big.

What - if you don't care about Wall Street what the hell are you doing posting so much in a clearly investor thread?

The stock price numbers don't lie - it is an open market vote on confidence in Apple/AAPL. The R&D numbers mean zippo - no shown relationship to any game changers on the way at all - dream world.

 

[I7guy]

There's no doubt that Apple milked every last penny they could out of the smartphone market with savvy marketing, brand loyalty, cheap internals, cool design, and some amazing software.

But every market peaks at some point. Companies that want to stay relevant across new markets innovate so they can lead the next market.

Microsoft is attempting to do that with cloud and services instead of resting on their laurels with Windows and Office. They had to get rid of Ballmer to do it.

Amazon is moving into a leader in cloud and entertainment instead of resting on their laurels with online retail.

Google is also expanding into cloud. With Apple as a customer.

Facebook is moving into VR.

Apple has talked about live TV for years with nothing to show for it while Sony Playstation VUE and Sling already have offerings that are gaining steam.

Apple is investing heavily into electric vehicles but it looks like Tesla is winning the battle and 2020 will be too late.

Where is the innovation besides thinner, faster, and prettier?

Seriously Nice comparison to everything but mobile phones. You gotta hand it to Apple they know how to reach into the wallets of their customers. Whether you believe they innovated or not, their strategy has been working. Their customers like their products.

 

[SusanK]

What does Apple have to do with financial crisis in 08?

He's making stuff up.

 

[I7guy]

Apple made 50 billion this quarter, then they project they will make 40 billion next quarter... That is 10 billion dollar drop. Can you guarantee that the revenue won't drop again?

It might as well the beginning of Apple's decline. But that doesn't mean Apple won't be up again. It is depends what Apple brings on the tablet. But if Apple acting like past 2 or 3 years, their decline is just started.

I can't guarantee the revenue will go up or down, can you? As I said, saying it does not make it true. All it makes it is a speculation. My money is on TC.
[doublepost=1461729372][/doublepost]

He's making stuff up.

Pot kettle thing, right? The only "fact " are the numbers, everything else is opinion and hyperbole. (The same as making stuff up)

 

[SusanK]

I can't guarantee the revenue will go up or down, can you? As I said, saying it does not make it true. All it makes it is a speculation. My money is on TC.
[doublepost=1461729372][/doublepost]
Pot kettle thing, right? The only "fact " are the numbers, everything else is opinion and hyperbole. (The same as making stuff up)

No, not my intent. I did not know if you were serious or not. Please expand. Thanks

 

[haruhiko]

The whole stock market is based on confidence and future outlook. You can make billions of billions dollar today does not mean you will do well in the future.

If a company does not show its future potential, investors are going to sell the share. If investors lost confidence with one company, its share is going to tank.

Stock market can push a company to high level and can destory a company overnight.

Remember Nokia, BlackBerry. Those company generates billions of billions of dollars before. Their finical Outlook were perfect. But then they all ranked. You cannot really guarantee Apple won't repeat that. Most investors aren't Apple fanboys, they are betting their money on Apple. When Aplle failed their expectations, they will sell their share.

I totally understand this. I work in the financial industry... it's all about expectations. If you refer to my previous post, I made a point that the whole smartphone industry is peaking since smartphones are 'good enough' now, just like PC.

 

[Dmunjal]

John Sculley: "I'm a huge Tim Cook fan."

Lol.

 

[SHNXX]

I can't guarantee the revenue will go up or down, can you? As I said, saying it does not make it true. All it makes it is a speculation. My money is on TC.
[doublepost=1461729372][/doublepost]
Pot kettle thing, right? The only "fact " are the numbers, everything else is opinion and hyperbole. (The same as making stuff up)

I lyk you're theory about Apple cuzing financial crisees.
I guess what I read like housing bubbles and stuffs was all wrong.
You rly seem 2 know what your talking abut.
R u like, an economist btw? Mebbe a hedge fund manager?

U kno like world street is taking all the money from da regula peeps n how 1% haz everything.
We shud rly nationalize all privat companiez like in China 50 yrz ago.
Maybe guillotin all them greedy people like elizabeth warrin say.
Like, did u build the roads? No? Then share ur house n moniez. We sic n tired of this ****.

Typed on my iPhone 6S Plus