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Apple Reports Q2 2018 Results: $13.8B Profit on $61.1B Revenue, 52.2M iPhones
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But if you read the reports carefully you'd noticed that Apple actually sold fewer iPhones than even lowered WS expectations. So all the warnings about lower sales came up true.
My 5K iMac and 2017 MBP are certainly not outdated.
31% year over year growth slow in your opinion?
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I see nothing outdated about my 2017 MBP and iMac Pro. Most of the complaints come from people who wouldn't be buying a new machine even if there was one available. No matter what Apple releases they'll find some complaint and reason not to buy it. It'll always be too expensive, too underpowered, too something. It's their way of justifying not buying one.
The reality is that they simply don't have the money. We see this happen all the time in behavioral economics. Here are the reasons the Porsche 918 isn't worth it. Most certainly not related to me not having the $800k for it.
Yeah pretty desperate stuff. It continues to amaze me how some get so worked up and become angry when a tech company enjoys great success as a result of the products they develop and sell.
I suspect that's a result of people not being happy or successful in their own lives.
Reading this from my iPhone X, the same phone the "Apple is doomed!" team assured me would sell horribly and that they "never see one in public" just makes this report even better. 
It does help though to be a diversified company. As of today, May 1, 2018
Market Capitalization
Apple: $889.88 Billion
Amazon: $767.11 billion
Microsoft: $732.67 billion
Alphabet (Google): $722.17 billion
Netflix: $136.35 billion
Now all they have to do is implement Six Sigma and they'll be like GE and IBM, seems they've got the rest covered (i.e. lack of direction, careless leadership, no product excitement...)
I think these are very easy comments to say when you're riding with any wave.
The same with the other crowds riding on the recent flurry of negative posts.
Ah, I seen you've gone for the old "people are so stupid, that's why Apple is successful" argument. Get down from your high horse for five minutes and consider the possibility that some people actually LIKE the stuff which Apple is selling and get real VALUE out of it and are therefore making a RATIONAL, INFORMED choice when purchasing this stuff. But nah, easier for you to tell yourself that any bad quarter proves you right and any good quarter just proves how stupid people are. Either way, you're always right - right?
iPhone and Services (which are mostly used on the iPhone) make up 77% of their revenue and probably even a higher percentage of their profit. Now it’s easy to see why they don’t care about the Mac. It’s a poor performer in revenue at 10% and likely has a much worse profit margin then the iPhone and iPad. I should add the iPad (a product I love) is also not growing anymore and I can see it soon becoming a hobby product like the Mac or Apple TV.
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How can you even say this with a straight face? Seriously?
GE is NOTHING like Apple.
IBM is only like Apple in that its tech.
Apple is far more profitable than either are or ever were.
Your trite platitudes aside, I stick around in hope Apple recaptures what made them a household brand in the first place. You know, kind of like watching a bad TV series hoping it finally turns around.
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You called people stupid, not me. Apple’s products ain’t what they used to be and still sell more than ever.
Well, the upwards wave is actually backed up by solid quarterly financials.
What do the negative posts have as proof? Seems it’s just easier to substitute “feelings” for “facts” these days.
How sad indeed, but then there is this company called Alphabet, aka Google, that lives only on services. Remember how much Steve Jobs loved their business model?
If your rationale was true, then it would be doubly or triply true for the likes of Google and Microsoft which sell fewer Chromebooks and Surface Books than Apple sells MacBooks. By your rationale, Google is an advertising company and Microsoft is an enterprise cloud company, and their laptops are just side projects. So why are those companies bothering to invest in laptops? Same reason as Apple.
It's because laptops, while not typically replaced every 1-2 years and not used at all by some consumers (and therefore representing much smaller volume compared to smartphones) are an important component of the 'system' which Apple is selling to its customers. That is, a system for managing your information (structured and unstructured data). For some people, a smartphone is all they need. For others, they sometimes just need a bigger screen (tablet). For others, a laptop or desktop is still needed for more advanced tasks. Apple is selling devices, but more importantly they're really selling a modular information management system, and laptops are a vital part of that system for a lot of their most high-value customers.
I certainly didn't call people stupid - I did the complete opposite. I pointed out your implication, which is the natural conclusion to be drawn from your assertion that Apple doesn't need to bother innovating because people will keep handing over big wads of cash for mediocre, outdated products.
Humans across the planet choose to buy more phones than iPads, and more iPads than macs.
Yet, somehow, it’s Tim/Apple who is valuing the iPhone more than the Mac.
What a strange logical jump.
At same level they were in Q3. And even year over year is slow compared to other companies.
More importantly, let's see what is in Apple Services. "App Store, Apple Care, Apple Pay, iTunes, cloud services and more." Subtract Apple Care, Apple Pay, iTunes and you have Google's offerings. Subtract these and the App Store and you have Microsoft and Amazon offerings. Cloud services are where the future money exists and companies by big multi-year contracts to have worldwide computing infrastructure that they do not have to maintain.
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And Mac sales went down... well if they actually spent some time updating their hardware. FOUR years since mini update. Woeful for a product "important" to Tim. Surely doesn't need a full redesign - just upgrade the guts to something like 2018 specs. iMac should be updated yearly. Pro product... coming. Where is the love? Every other computer company has a rolling 3 month update product line. 'Think Different" shouldn't reflect mostly in product release cycles.
My partner and I are waiting, money in pocket, the buy updated hardware. Not buying something so far out of date it hurts. Even the retail electronics stores list mini on their webpage but dont carry stock as they know people wont buy them. Then it makes the product look unpopular. It's a no win situation. Tim might dump these just because they aren't selling! Geez.