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Apple Reports Q2 2013 Quarterly Results: $9.5 Billion Profit on $43.6 Billion in Revenue, Increases Dividend and Share Repurchases
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I agree. Even the iMac comes in different screen sizes. Give your customers a choice. However, Cook keeps alluding to not being willing to make certain sacrifices that would be necessary for a larger screen size. He could mean manufacturing, battery life, or even preserving gross margins on the product. It's hard to say, but I definitely wouldn't mind a larger screen. I'm 44...
In other words, AAPL stock will have to wait another 5-7 months for a boost from new products. Another 5-7 months for people like myself who want to upgrade to the next iPhone and/or get a iPad mini 2. Disappointing news.
Unfortunately, they are going to be borrowing money to do this. They may have a lot of cash but most of it is overseas (for tax reasons) and can not be used for the increased dividend or stock buy back.
Overall, some very good news but I think the stock will go down on Wednesday.
What is wrong with you fools? Record number of units shipped, but Cook and everyone else at Apple sucks at marketing? There's no innovation? Seriously, I'm so sick and tired of reading crap like this. What do you expect? Some amazing, blow your socks off product every 6 months?
The expectations placed on Apple are utterly ridiculous, laughable to anyone with common sense. How is Apple any less innovative that Samsung or BB or anyone else in the smartphone market? It's a phone! What do you expect from it? What should it do? And why is it Apple's responsibility to always wow us with the "next big time" when no one places that kind of expectation on any other company?
There are periods of great innovation in the technology industry, followed by periods of maturation. We're in the latter today. If anything, the public has become ridiculously spoiled, demanding constant WOW instead of appreciating how utterly amazing these devices actually are. Do people even remember what cell phones were like 5 years ago? 10 years ago?
I don't see Google or Samsung or BB out-innovating Apple on any level. Nor do I see them out-marketing Apple. The simple fact is, the mobile category is maturing.
It isn't about the amount. It is about the percentage because if reports are to be believed, older generation models are selling at a 10% higher pace than the previous launch. This affects Apple's profit margins which is what concerns investors.
you don't understand the context of the original comment. it was regarding what happens to the stock price when tim cook starts talking.
Android's growth can partly be attributed to phones you can pick up for under $100 in some countries... where iPhones cost at least $500
If you only have $100 to spend on a smartphone... guess which platform you will get...
Micromax is the #2 smartphone seller in India... a country of over a billion people. Low-priced phones are the reason.
And we wonder why Android is "beating" Apple in market share.
Who cares? How much money are developers making on Android? Who controls the lion's share of the mobile industry profits? Who sells far more apps to mobile users? Yes, Android market share is growing - at the bottom of the market. Cheap "buy one, get one free" products that never receive a software update and whose users never go on to buy anything with them. Apple has made it clear, again and again, that it has no desire to compete in that market segment. Thank goodness!
An amazing statistic the market seems oblivious to.
To the contrary, MR these days is full of angry people who do nothing but criticize the "mother ship."
What exactly are they supposed to do with $150 billion in cash? Fill a giant swimming pool with gold coins to swim in a la Scrooge McDuck?
Even if you are still a growth company and still a leader, $150 billion is a lot of moola. Investors deserve some of that.
Agreed. Apple really needs to step it up in an area they rule: software design. Where's the GarageBand equivalent on Android? Nowhere. iOS needs more Apple-sourced GarageBand-like apps. Things Samsung couldn't pull off despite the most powerful of photocopiers.
Expect Samsung to step up its anti-Apple whisper campaign. And the Samsung moles on this forum to continue to ridicule as preposterous the existence of Samsung's anti-Apple whisper campaign (we all know you're here).
Exactly!
Remember when excitement meant hearing another PowerBook G5 rumor? Remember when Steve Jobs promised that the PowerMac G5 would hit 3 GHz within 12 months of its introduction? Then there were the megahertz wars... we were so easily satisfied back then, weren't we?
Look, herein lies the crux of the problem... When Jobs was at the helm, it seemed like there was always one or more keynote addresses we could expect each year in addition to regularly timed product introductions which would whip customers and Wall Street into a frenzy. Since Cook took the helm, Apple's product launches have proven to be more unpredictable. We've seen Cook on stage what, twice since Jobs' passing in 2011?
A big part of Apple's stock slide, in my opinion, has to do with the fact that Cook is not on stage often enough to give us that sense of excitement that Apple is dynamic and that things are happening. Apple has seemed eerily silent over the last year. I'm quite confident that a lot of products will come to fruition later this year, but part of Apple's product development cycle has to be PR and building a sense of anticipation for products.
Remember all the iPhone 5 leaks last year and Tim Cook being criticized for not having a tighter control over leaks? It was written about here on MacRumors. Back then Tim Cook promised to "double down" on secrecy, after which we saw some of the most prolific product leaks from suppliers in Apple's history. It appears that Tim Cook's "doubling down" on secrecy took a year to see results, because now Apple is so secret that Wall Street and every idiot blogger seems to be able to fill the void.
I agree. I have been using iPhone since the original and still have my 4s. My wife, who was a sworn iPhone addict dropped hers and went to the ATT store to buy a replacement and came home with an S3. I played with the screen for a while and going back to the iPhone was a stark change. The bigger screen really is better.
And stocks are down by 0.15 point. Almost 2 hours passed since you posted. You gotta think long term and with only a iPhone 5s coming to battle it's Androids year again. When you still have people buying a iphone 4 and 4s over your flagship something is wrong. Tells me that people are cheap or people don't like the iPhone 5.
Do you really want Apple to sacrifice it's big daddy? I'm willing to wager that the HTC One and Samsung S4 will out sale the models it replaced.
Look at Android market share and the inverse profitability for most Android device makers and software developers.
Conclusion: people are cheap.
Exactly. People prefer cheap products. Strangely that's normal when it comes to android and a sign of success, and a sign of failure when it comes to apple. Doesn't make sense, but apple bashing never does.
Indeed we were. I think a big part of the problem is there are a lot of Johnny-come-latelies to the Apple party and they all suddenly think they know everything. As someone who has watched, bought products from, and invested in Apple for 30 years, I find the expectations placed upon them in recent years to be utterly idiotic.
Agreed that launches are now less predictable, even a bit boring. But look at Apple's stock price performance over many years and you will see that, despite the Jobs show, the stock didn't always perform. It has been a notoriously erratic stock for as long as I can remember. The problem today is the Internet b*llsh*t machine. And it's not just limited to Apple. Anyone with a blog can pontificate endlessly about things he knows nothing about. Analysts pull utter nonsense out of their you-know-whats and all the Johnny-come-latelies lap it up - and then cry foul when Apple doesn't perform.
Jobs was unique in his showman abilities. I don't expect the same from Cook, or any other CEO for that matter. Show me one other company with a CEO who manages to drum up excitement like Jobs could. Show me one other CEO who puts on a keynote like Jobs did. He was unique. We shouldn't expect the same from Cook.
As for the product pipeline, again, unrealistic expectations from all the idiot Johnny-come-latelies. Apple has released a lot of great products over the past year. They just haven't been something totally NEW like everyone expects. It's unrealistic to assume that Apple (or anyone else) will deliver something groundbreaking every 6 months.
True that!
I think nostalgia is adding a rosy hue to the picture. Jobs had some seriously deficient keynotes. The uproar here on MacRumors, for those of you too new to remember, was epic on multiple occasions. Remember Apple speaker dock and iPod socks? Brutal.
That said, they really do need to pick up their game in keeping the market tantalized. Cook has not been good at this. A coy hint every now and again would do wonders. Anything to counter the negative (both above ground and below) propaganda war waged on Apple by its competitors (and their tricky little forum minions).
iPhone 4 with contract: $0.99
iPhone 4s with contract: $99.99
iPhone 5 with contract: $199.99
The 4 and 4s outselling the 5 doesn't tell me that there's anything wrong with the 5. It tells me that a lot of people who can't afford the 5 get the less expensive older model. Furthermore, not everyone wants to be on the bleeding edge of technology. I still have an iPhone 4. The 5 is nice, but I'm happy with my 4. I'll probably upgrade to the 5s when it comes out. A lot of people don't need the latest and greatest. Not everyone is a feature nerd.
It's always going to be Android's year. Just like it's always Microsoft's year in the desktop OS world. Big deal. Marketshare is only one measure of success. I'd say that a company that sells fewer products but makes more money is always more successful than a company that sells more crap but barely profits.