Apple Reports Q3 2014 Results: $7.7 Billion Profit on June Quarter Record $37.4 Billion in Revenue [Call Complete]

[Amazing Iceman]

Other than myself everyone I know who has an iPad has an iPad2, 3 or original Mini. Most folks use them for general web surfing and email so no real reason for them to upgrade.

I have the 1, 3 and 5 (iPad Air) and use it for work and everything else.
I may not get the 6, but there's a chance I may change my mind.

 

[Mad Mac Maniac]

Analysts are saying it's both the long update cycle that you pointed out, along with people figuring out that tablets do not totally replace laptops.

This is so true... In fact, I'd argue that while there was a sufficient space for tablets back in 2010, the smartphone and laptops are squeezing tablets out of a market space.... As smartphones increase in size, processing power, and productivity (combined with ultimate portability and perpetual access), while laptops are getting thinner, lighter, and much longer battery life.

 

[dannyyankou]

Fun fact: Only 54 countries have a higher GDP than the amount of cash Apple has.

 

[ghost of jobs]

My question is what do they do with all the profits???

Nothing!.. Bar slight incremental updates on.their devices, heaven forbid reward the loyal.customers with better **** every year, there's rich shareholders who demand that the money is not wasted on things so trivial..

 

[IJ Reilly]

Nothing!.. Bar slight incremental updates on.their devices, heaven forbid reward the loyal.customers with better **** every year, there's rich shareholders who demand that the money is not wasted on things so trivial..

Apple spent $1.6 billion on R&D last quarter. How much more do you think they should be spending, and for what?

And, obviously, the "rich shareholders" who "demand" that money aren't doing a very good job of it, since the cash hoard grows larger every quarter, despite the payment of dividends and buybacks (which it must also be said, benefit all stockers, rich and not so rich).

 

[zipa]

WOW!

Samsung gross profit margin is pretty surprising.

Why?

 

[SHNXX]

Why?

Because I was under the impression that AAPL gross margins are much higher than industry competitors.

 

[zipa]

Because I was under the impression that AAPL gross margins are much higher than industry competitors.

Well, Samsung makes a lot of its own components and they operate on a massive scale so they probably get extremely good prices on what they need to source from outside.

 

[cube]

The iPad probably shows you what happens to iOS sales when they are not dominated by "subsidies".

 

[Trapezoid]

The iPad probably shows you what happens to iOS sales when they are not dominated by "subsidies".

And also why android sales are so high since they're dominated by subsidies. This shouldn't come as a surprise to anyone: people like cheap things.

 

[cube]

And also why android sales are so high since they're dominated by subsidies. This shouldn't come as a surprise to anyone: people like cheap things.

I understand you mean high end Android sales.

 

[Trapezoid]

I understand you mean high end Android sales.

Yes low end android devices are cheap to begin with