I would it means no new designs until then, although I assume there would have to be spec bumps before that.
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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 would it means no new designs until then, although I assume there would have to be spec bumps before that.
Because they are competing on price this year. It's not rocket science and I'm not sure why people think it is. they have the mini and two cheaper versions of the iPhone.
Much like the Android OEMs, people prefer the cheaper product and hence lower profits. Its not like they're seeing lower profits because sales are suffering...in fact they sold more iPhones and iPads than ever before.
It was irrational to expect Apple to continue to grow at the rate it did from 2003-2012.
Actually, I think it's because the iPhone 5 was selling poorly that they had to offer discounts for the first time.
Cook never said there would be a new Mac Pro in mid-2013. He Said in 2013.
My guess is an announcement at WWDC with pre-orders happening in August and sales in Sept.
Lower margins are not necessarily mandatory when innovation (i.e., under SJ) can more than justify an increase in price - this is related to the economic concept of welfare and willingness to buy, something that the richer emerging markets are more than willing to test every day.
R&D is not where they need help, because spending more does not equal better products. It can equal confusion because you don't know what to make. Having more control over your production and limiting exposure to having to compete with your own innovations is more important. That includes the building out of plants and data systems.Thanks for the info...
Does not seem Apple is not spending "enough" on R&D. But, of course, that won't stop the complaining...
Everybody knows what is rational or irrational after the fact. How many people would've been called rational if they'd predicted Apple's growth in 2003?
Agreed. There's a reason they keep the Mac team to 100 people and don't throw all their cash away carelessly. You'd end up with the most over engineered products that do more than they should and kill the simplicity that is part of their success.
Ehh - I think drastic downward trend was due more to the fact that AAPL was over-valued to begin with given the absurd profits they were making while essentially creating two new (at least new to the mass population) industry verticals.
I think there is a place in between $400 - $700 where AAPL could level out until the next tech boom. Although we could also see some semblance of intelligence from analysts and the Street and instead of assuming wildly ridiculous profits, they may realize what Apple's doing even now warrants a high valuation.
I don't see this much different than the crash in housing prices. We are in a correction cycle in housing prices. They shouldn't have reached the levels that they did, ditto for Apple's stock. The higher the top, the longer the drop.
Even if you believe so (no, I don't agree with your statement), the effect was the same. Now we have neither.
Cook said they were working on something for later in 2013; they have until December 31 to keep their word.
I agree. The stock was vastly overvalued. But still. Until profit margins start improving, there is no way AAPL can sustain any growth.
I just don't expect smartphones to change dramatically year over year. I also don't expect normal users to change their smartphone more often than every two year (or when they break or lose their phone, a not insignificant number by itself). The question isn't how good is iPhone 5S compared to i5, because I don't think the vast majority of i5 owners will be on the market when i5S is launched. The question is how does the i5S compare to the other premium phones on the market. I think it will compare very nicely as I believe we now know most of the premium Androids for 2013 and I believe the i5s will compare very nicely to the HTC One and the GS4. As long as Apple can hold its 20% of the smartphone market at its premium prices, I see no issues.
Also, I believe the tablet market is going to be bigger than the phone market eventually. "Normal" for the middle and upper class folks in the world will be to own one phone and three or four tablets. Just like "normal" is now to have a computer at work and a computer at home.
Once again, I suggest giving the conspiracy theories a rest. The institutional analysts were within less than 2% of the mark on EPS. If this is a conspiracy, it's a damned weak one.
Well, all Apple needs to do is hire someone like Steve Jobs: someone who has the ability to see potential in obscure products, shamelessly steal it, and then claim Apple invented it.
What conspiracy theory? I'm not suggesting any conspiracy - simply suggesting that the level of boom in the smartphone and tablet industries gave an overvalued stock price for AAPL, when the reality was, those types of margins and growth weren't sustainable in the long term.