Apple Reports Q2 2018 Results: $13.8B Profit on $61.1B Revenue, 52.2M iPhones

[LaraCroft835]

How Sad, Macs, the backbone of this company, with less revenue than "Services", nobody wants to buy the outdated hardware...

I want what your smoking.

 

[Dominicanyor]

Very impressive. Could I get just a small 2 million out of you!!

 

[RickInHouston]

Apple sure does look like a phone company with that graph.

Nothing wrong with that. I'm just sayin'.

 

[Thai]

Here is a good concise report: https://www.zdnet.com/article/apple-earnings-second-quarter-2018/

 

[JediZenMaster]

1. 
   
   Vision and idealism don't count anymore. Only money. Apple dedicates all of its brain power to the iPhone ... and comes up with animated piles of crap...

How so? People simply just are not buying Mac’s as the same rate as other devices.

Even if the product line was vastly different it would be the same. This is the future

 

[apolloa]

How much of the iPhones sales was the x? Lol

You will never know. They never tale anyone and that’s a fact. Don’t believe a word Cook says about it either as ALL th evidence points to the contrary of what he claims.

 

[L-Viz]

Apple "services" is basically money out of nothing. Like those "free" games that you download, and after hours, you buy the in game 30.000 crystals pack for 99.95$.

Much harder to sell a decent set of CPU, GPU,RAM,HDD in a box, much harder gain profit from actual things than fantasy products, which have production costs of zero and 100% win margin...

 

[LaraCroft835]

How much of the iPhones sales was the x? Lol

now who looks stupid

 

[Apple Corps]

That graph shows why apple doesn't seem to focus on Macs as much as others.

How does the graph "show" WHY Apple doesn't focus on Macs?

 

[saintstryfe]

The beautiful irony here is how TC is as diametrically opposed to #45 on just about every social issue imaginable yet reaps what is likely the most substantial of all rewards from the tax plan and of course uses the money to buy back stock.

Elon Musk might have principles and might accomplish something significant like many consider Steve Jobs did. TC, instead, is interchangeable with just about any other CEO aside from lip service to a few social issues.

So, the CEO just had a huge profit quarter and your complaint is.... what?

 

[otternonsense]

Apple has become a Phone and Services company.

And dongles. Do not forget the dongles.

 

[az431]

All those predictions of doom for Apple this quarter were wrong again....

As usual. Just a lot of nonsense and clickbait.

 

[TallManNY]

But it's going to be harder than usual to get me to invest this much money again. What could they possibly bring in the next few iPhones, that would get me to upgrade for that price again?

Seems like a short "victory".

I don't think Apple needs X owners to buy X+1 in large numbers. There are hundreds of millions of 6, 6s and 7 users out there right now. They need those users to buy X+1.

 

[otternonsense]

So, the CEO just had a huge profit quarter and your complaint is.... what?

That he's an expedient cardboard talking head who doesn't know innovation or integrity even if it bit him in the rear.

 

[apolloa]

Apple sure does look like a phone company with that graph.

Nothing wrong with that. I'm just sayin'.

Not really, it’s been like that for some time now, over 60% of revenue from the iPhone for at least a couple of years I think, maybe more? It IS a one trick pony, hence why they want to boost services also.

 

[mi7chy]

If he can secretly throttle customers' phones then Tim Cook the Books would have no conscience about fudging the numbers.

 

[jonblatho]

They made $13.8B in profit, the most ever in Q2 for AAPL. Not good enough for you?

I’ll have you know that if Steve Jobs were still at the helm profits would be $∞.

 

[apolloa]

If he can secretly throttle customers' phones then Tim Cook the Books would have no conscience about fudging the numbers.

Or laundering Apples entire global earnings outside the US through a none existent building in Ireland to avoid paying any tax....

 

[Bacillus]

In other words, Apple sold 4.1 million outdated computers last quarter.

The Turkmenistan marketshare must have doubled
And Phil bought the last 2 TouchBar Macbooks (before being phased out...)

 

[BuddyTronic]

Should've colored the iPhone sales in the pie chat yellow. The Apple Pacman is gobbling up all of Apple's other divisions.

Yet another report that shows clearly why innovation and offerings in their desktop line-up is LOW priority and continuously frustrating for the few desktop end-users left.

That pacman would have it's mouth open 61%. . Look at the growth of the other stuff!

 

[BornAgainMac]

The Macs are my favorite products from Apple even over the iPhone/iPad. It would be easier for me to migrate to Android than it would be to migrate to Windows.

 

[creediddy]

How much of the iPhones sales was the x? Lol

That doesn't matter. Apple still remains king in the business...

 

[DaveOP]

Apple "services" is basically money out of nothing. Like those "free" games that you download, and after hours, you buy the in game 30.000 crystals pack for 99.95$.

Much harder to sell a decent set of CPU, GPU,RAM,HDD in a box, much harder gain profit from actual things than fantasy products, which have production costs of zero and 100% win margin...

Sounds like smart business, if you ask me. You over simplify this drastically, of course, but they're not stupid. The PC market for them is not the best use of their time and energy anymore, and they've made a good pivot.

 

[smirking]

Macs and even iPads are just side projects. Makes me sad, but this is what it is.

Maybe they can sell their computers division to Nokia and then Nokia can get out of the phone business for good.

 

[Nozuka]

I would love to have a reason to buy a new Macbook.
The problem is: Computers nowadays don't get slow as fast as they used to. Intel is barely making any progress and SSDs were already fast enough for any daily task years ago.

My MacBook Retina is from 2012 and not slowing down one bit. I have never had a PC for such a long time....