I think Apple's best products are the Macs. Too bad they aren't at 50% or higher. No Samsung product running Windows or Chrome OS can touch it.
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Apple Reports Q3 2013 Quarterly Results: $6.9 Billion Profit on $35.3 Billion in Revenue [Call Concluded]
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Wow, those iPhone numbers without Apple even doing anything.
I've been hoping for halo effects as for the Mac sales, but they don't seem to be happening much. I can understand falling sales due to the desktop and laptop market falling in marketshare overall, but still... Apple should be able to do better, with the tons of old PC laptops around. They seem to miss a lot of switcher opportunities despite all those iPhones, iPod Touches, and iPads. *shrug*
I think there is particular room for improvement there, not that I'm sure what there is to be done.
I've been hoping for halo effects as for the Mac sales, but they don't seem to be happening much. I can understand falling sales due to the desktop and laptop market falling in marketshare overall, but still... Apple should be able to do better, with the tons of old PC laptops around. They seem to miss a lot of switcher opportunities despite all those iPhones, iPod Touches, and iPads. *shrug*
I think there is particular room for improvement there, not that I'm sure what there is to be done.
Let's face it, you end up doing a lot more on your iPhone than iPad. I have both, I get work done on my iPhone, I waste time browse the internet on my iPad -- or worse yet, shop!
I see myself keeping my iPad 3 to its last day.
How about you stop being such a homer and read the damn report? As a long time holder of AAPL, that is worrying.
It seems to me they need to convince people that they need to upgrade their old products and prove that Apple products are better than everyone else's. There are times when Apple seems light years ahead of everyone else, and right now everyone else seems to have (almost, in my opinion) caught up. To charge that premium on their devices they have to be unquestionably better.
I maintain that Apple has the best hardware, software, content, and product integration on the market, but people don't care about Retina Displays on their devices when Samsung phones, for example, have similar resolution to the iPhone 5 and the customer just figures bigger is better. It'll help when iOS 7 comes out and makes things more fresh on their mobile devices, but I'm just gonna say it: the iPhone 5's screen is still too small. Samsung's screens are too big in my opinion, but the iPhone could use a 4.5" screen, or at least that option.
Of course, iPad and Mac sales being down relative to this time last year is unsurprising, given that last year the Retina iPad had come out in March and the entire MacBook lineup had been overhauled in June. 2012's plan seemed like a better one than the plan this year.
I maintain that Apple has the best hardware, software, content, and product integration on the market, but people don't care about Retina Displays on their devices when Samsung phones, for example, have similar resolution to the iPhone 5 and the customer just figures bigger is better. It'll help when iOS 7 comes out and makes things more fresh on their mobile devices, but I'm just gonna say it: the iPhone 5's screen is still too small. Samsung's screens are too big in my opinion, but the iPhone could use a 4.5" screen, or at least that option.
Of course, iPad and Mac sales being down relative to this time last year is unsurprising, given that last year the Retina iPad had come out in March and the entire MacBook lineup had been overhauled in June. 2012's plan seemed like a better one than the plan this year.
Apple today published its financial results for its third fiscal quarter of 2013, reporting a $6.9 billion profit on $35.3 billion in revenue. That's roughly level in revenue terms with last year's $35 billion revenue, but profit was down a massive 21.6 percent from the same period's $8.8 billion.
Depends if you think a 21.6% decline in profit is doomed?
Source: The Verge
http://www.theverge.com/2013/7/23/4548946/apple-q3-2013-earnings
Should be interesting to hear Tim explain this during the conference call.
Mad Mac Maniac
macrumors 601
Don't even have to go that far. Take a look at the results exactly 6 years ago.
TOTAL revenue was $5.4B. (ocompared to $6.9B profit now!). $2.53B on Macs and 1.57B on iPods. So iPods were still not even 30% of their revenue.
Maybe the fact that only an updated Air has been released so far this year?
Yep.
Apple really screwed up there... announcing three iPads in a period of 6 months. Now customers don't know what to expect as even today, there are rumours of a new iPad both in September and early 2014. Apple needs to settle this.
I preferred the 'old' product schemes: iPad in March, iPhone in the middle (June/July) and iPod in the fall + Macs throughout the year.
Fortune 500 now or when it was said a few years ago? Keep in mind the decline in the overall PC market over the past couple of years.
I don't doubt that the Mac alone can be its own business but I'm growing skeptical to it being a Fortune 500 company on its own with the current trajectory.
I think the dip in Mac sales is not just down to the iPad and tablets, it's also because the MacBook Pro line up is currently too expensive. Everyone wants the slimmer retina versions but the premium is too much for most.
In 12-18 months I'd expect Apple to do what the MacBook Air and drop the price considerably. When that happened, sales boomed!
In 12-18 months I'd expect Apple to do what the MacBook Air and drop the price considerably. When that happened, sales boomed!
Good to see... even with competition hotter than ever, Apple is maintaing well. It will be interesting to see how the new low cost iPhones and the iPhone 5s in the fall... This may be the start of another huge upswing!
I just hope they do something ultra cool with the TV soon so I can get some new toys!
I just hope they do something ultra cool with the TV soon so I can get some new toys!
Too lazy to go track down the numbers right now but it was said in October 2011 and that it would be # 110 on the Fortune 500. No way has it fallen out of the F500.
I think no new products/major refresh "hurt" them.
Profit is down almost 20% from same Q last year but again the profit is massive.
I don't expect stock to go up anytime this summer. This 5% upside is just quick reaction to "beat".
Glad they are offering $3 dividend.
Anyway, this is my personal opinion and I think Apple innovation is not visible in last few years and competition is definitely taking a bite out of Apple. Must do something to separate themselves from the crowd...again.
Profit is down almost 20% from same Q last year but again the profit is massive.
I don't expect stock to go up anytime this summer. This 5% upside is just quick reaction to "beat".
Glad they are offering $3 dividend.
Anyway, this is my personal opinion and I think Apple innovation is not visible in last few years and competition is definitely taking a bite out of Apple. Must do something to separate themselves from the crowd...again.
I meant that the stock could drop if Cook says something in the Q&A that people aren't expecting. Last quarter they weren't expecting fall/2014 for new products. The minute he said that the stock dropped severely.
Samsung is an enormous conglomerate; Apple sells about 18 products + accessories.
Also, how much of Samsung's profit was business FROM Apple?
But you are right, Samsung made more total profit but it was much less efficient doing it.
If its so worrying why is the stock up? This is Apple we're talking about. Not like Wall Street has been loving their stock lately.