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You are quite wrong. I moved from the 17"MBP which cost me around $3000 after I got tired of the bad bettery life, heat and slow performace to a 17" Samsung Series 7, and I can guarantee that it outperforms the MBP in both speed, battery performace and it runs much cooler.
You can find many very good PCs out there if you look. Just take the fanboy glasses off. It might save you some serious $$$

I have that exact laptop for gaming. I don't wear fanboy glasses. For work, I do prefer the Mac platform though.
 
Yes because market cap is based on the share price and if revenues and profits don't grow the share price won't rise.

The rise of Amazon completely refutes your assertion. Here's a company reporting dismal results yet its stock price keeps rising. Amazon's P/E is something like 3500 while Apple's is 10.5.
 
Stupid consensus! Most institutional analysts had no idea what to expect and placed themselves safely in the range Oppenheimer provided for them. But even the upper bound of that range represented a steep decline in profits. Speaking of Lowered Expectations ...

How about making the same money as one year ago? Apple failed to do that and is a shrinking company at this point in time. This is the new normal and a normal reaction to that would be a further decline in stock price. Unless you expect this to be the last loosing quarter and profits can only go up from here?

It is silly to be happy about beating your own lowered expectations. In this case I suggest you MSFT. At this point Windows 8.1 can only exceed peoples expectations. Apple's guidance for Q4 2013 includes expected revenue of $34-37 billion and gross margin between 36 and 37 percent. Q4 2012 was $36.0 billion and 40.0 percent. So we are looking forward to another quarter of lower or equal profits. Nothing to be overly happy about.

Who cares if expectations are lowered or not. Stock price will follow whether you meet or beat expectations or you don't - whatever those expectations are. Plus the lower expectations have probably already been priced in to the stock (20%+ decline in the stock so far this year). Since Apple has gone so long without a product refresh its kind of hard to compare to prior quarters or YOY.

To say Apple is shrinking is to assume nothing new will ever come and all we'll get are incremental refreshes to existing products. OK we already know that's not the case as Cook confirmed there will be new stuff across 2014. Lets wait and see what they have up their sleeve for the rest of this year and next year before we start digging their grave.
 
I really hope Apple goes back to a more scattered release schedule of products. Having nothing for 6-8 months and then everything all at once is not the greatest strategy to do each year.

Maybe next year it will be more spread out. It was nice having iPad updates early in the year, iPhone mid year, iPod/iTunes in the fall, and Macs throughout.

Strongly agree here. Why they moved all their release schedules so close to one another like they did in 2012 (and plan on doing again this year) is beyond me.

It keeps thinks fresh and exciting in consumers' eyes when Apple is releasing new stuff spaced out, instead of 9 months of dead silence and then a barrage of new products of every category in the last 3.
 
Cook confirmed there will be new stuff across 2014. Lets wait and see what they have up their sleeve for the rest of this year and next year before we start digging their grave.

I put no faith in Cook when he says this; he said the same thing about this year. We have about 3 months to go realistically (pre-Christmas). I'm not ready to storm the campus yet, but I am losing trust in what Cook says.
 
You cannot always grow.
In capitalsim this NEVER worked and in an organism continuos growth is mostly cancer.

Kind of a flawed system in general. They are at huge high profit levels that could say where they are and be perfectly fine.
 
As owner of 400 APPL shares, I welcome this dismal news. The stock is up 4% in AHT. Yay!!! Keep up your blundering ways, Tim and company :)
 
I agree with that, for a number of reasons.

1. As you say, people can't buy everything at Christmas. In fact, I wonder how many iPhones are really sold at Christmas. Because they are tied to carriers and contracts, it seems like something that is difficult to give as a holiday gift. Maybe iPhones should be released in the spring?

2. It avoids those really long periods with zero product announcements where all the analysts and media start piling on Apple about having no innovation and nothing new to show (right or wrong, those matter because it's what the general public and shareholders will hear).

These two points are the biggest, most important in my mind.
 
I put no faith in Cook when he says this; he said the same thing about this year. We have about 3 months to go realistically (pre-Christmas). I'm not ready to storm the campus yet, but I am losing trust in what Cook says.

Cook said there would be new stuff in the fall and across 2014. You don't believe that?
 
Ok
so just a few months ago all the samsung fan boys were declaring victory
with the new Galaxy (so called iPhone killer)

Last month news= significant disappointment in Galaxy sales

For the last 2 quarters Apple has released no update to their iphone yet sales
are increasing!!

In the end its about quality numbers talk.

Tim also quoted a very important number %internet traffic. As of this AM a new study shows Apple devices account for 83% of internet traffic for mobile devices. This is sooooo important as this is where money is made its Googles livelihood, and gives huge power to Apple to influence googles business model in the future.

Also other important numbers 1 billion tv shows downloaded from Apple iTunes
and 390 million movies downloaded!!!

Also Apple desktop percent is growing in the market as the overall pc sales are decreasing faster than apples decrease. Do the math that means the percent of the market belonging to Apple is increasing
 
I always LOL at these numbers you know why? It means their products are massively over priced and we, the people that buy their over priced items, are dumb.


IF we all stopped buying at their inflated prices they would be forced to lower them. However WE will not so they will not.
 
Cook said there would be new stuff in the fall and across 2014. You don't believe that?

We've seen the Mac Mini Pro - so that's not new when it eventually ships.

Sticking a Haswell in a MacBook Pro or an Imac doesn't really count as new - Apple will be trailing everyone else when they ship.

Of course it would be phenomenal if they could make the Haswell Imac 1mm thinner - that would change everyone's lives for the better.

(previous sentence does not need a <sarcasm> tag, I hope)
 
I always LOL at these numbers you know why? It means their products are massively over priced and we, the people that buy their over priced items, are dumb.


IF we all stopped buying at their inflated prices they would be forced to lower them. However WE will not so they will not.

Economics 101 fail. What it actually means is that its priced just right. If it was overpriced, people wouldn't buy it. How can you rewrite supply and demand like that with a straight face? Seriously.
 
Hopefully you are right about that. Apple is probably down to around 40% of the tablet market last quarter. Considering that they had nearly 100% 2 years ago and 2/3 last year that is a potential concern. Android tablets may be having an impact. I'm waiting for the Retina Mini to upgrade from my current Mini.

Well it's to be expected really. More and more tablets are flooding the market, the same way smartphones did after the iPhone was released. They can't be at 100% forever when there are so many choices available and at lower price points. Everyday Joe who knows nothing about tablets or phones and looking to just save a buck will pick one of the cheap offerings and those are becoming more and more in supply. Quality and specs don't matter as much. In the end they'll realize that what they bought was garbage and may choose to aim a bit higher the next time around.

But as long as they keep being the highest selling products in their class (if you take each device individually and not lump all devices running the same OS into one category) and as long as their market share in the premium market stays strong, they'll be fine.

Apple's computer division thrived on 5-10% PC market share since 2001. I'm sure holding a 20 to 40% market share in the phone/tablet space won't kill 'em either.
 
Really surprised by the weakness with iPad...

Then again I still see a lot of happy iPad-1 users, so they just need to update it more with feature that really make people come back and upgrade.

With the iPhone they are doing more progress in my opinion.

iPads are a lot more expensive. You can upgrade your iPhone in 2 years for $199, but upgrading your iPad costs much more.
 
The rise of Amazon completely refutes your assertion. Here's a company reporting dismal results yet its stock price keeps rising. Amazon's P/E is something like 3500 while Apple's is 10.5.

According to the NASDAQ Amazon's projected P/E Ratio for 2013 is 224 and for 2014 is 94. A little way short of 3500.

The share price is based on a number of factors of which P/E Ratio is just one. My principle holds true. Revenue and/or Profits Growth generates confidence which raises the share price.
 
Real simple!

Q2 google earnings 3.2 billion

Q2 Apple earnings 6.9 billion

Both companies reported a % decline in earnings compared to sequential quarters.

In other words "doomed Apple" made double the profit of Google
 
No, margins should go down only after the refresh. Just before the refresh margins should be at their highest point during product lifetime. Unit numbers and revenues should go down shortly before a refresh, when the MacRumors Buyers Guide lights signal red. So it is a surprise, that they sold so many iPhones. But its also a surprise, that they squeezed so little money out of them. Normally higher iPhone unit sales also mean higher overall profits. This quarter was different.

Not necessarily. Remember that we don't have complete transparency into what incentives Apple offers resellers. Best Buy, for instance, is offering a trade-in program for iPads. Perhaps they are getting some rebates or incentives from Apple. Similarly, maybe carriers negotiate incentives to sell a 9 month old phone that they can't get when the phone is brand new.

As for iPhone sales, it's become clear that the iPhone 4 and 4S have good staying power. Smartphones have reached the point where cheaper models are "enough" for most people. That's why I think the rumored lower price iPhone is important. Whether it serves to replace the iPhone 4 and/or 4S, or exists alongside them in emerging markets, it may well drive future iPhone sales growth.
 
Remember the 3rd generation iPad was released in the spring of last year. And no one really expected the 4th generation would come so quickly.

I did. They had to at least update to Lightning. So I kept using my Original iPad a little while longer, then got a 64 Gb 4th gen. The CPU/GPU updates were a bonus.

Economics 101 fail. What it actually means is that its priced just right. If it was overpriced, people wouldn't buy it. How can you rewrite supply and demand like that with a straight face? Seriously.

Jr. High
 
We've seen the Mac Mini Pro - so that's not new when it eventually ships.

Sticking a Haswell in a MacBook Pro or an Imac doesn't really count as new - Apple will be trailing everyone else when they ship.

)

Not really. Few Haswell notebooks are actually out there. The MacBook Air was actually one of the first Haswell notebooks. So if the Pro gets it in September they will be right in line with the likes of Asus, Samsung, and Dell.
 
Real simple!

Q2 google earnings 3.2 billion

Q2 Apple earnings 6.9 billion

Both companies reported a % decline in earnings compared to sequential quarters.

In other words "doomed Apple" made double the profit of Google

You're comparing an internet company to a consumer gadgets company?

A better comparison would be

Q2 Apple profit 6.9 billion

Q2 Samsung Electronics profit 8.9 billion
 
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