Missed iPhone sales estimates. Only $2.64B in "other" category = weaker than expected watch sales. Lower than expected Q4 guidance, even after taking into account that Apple sandbags their guidance.
I think they said that just in case it didn't perform as well as they expected. The watch is obvious making Apple money, but I don't think it's selling well. IMO
They were rather brave in forecasting "mother of all upgrade cycles" or something like that with the iPhone 6 and 6+. Obviously they were right, it's been an outstanding fiscal year for AAPL.Down 7% already after hours. Wall Street sees the future growth slowing down for iPhones. Their stock will be a function of iPhone and nothing more. I've said before that as soon as iPhone growth slows due to global saturation, and potential upgrade cycles slow as well, the stock will get crucified. That day is nearing.
EDIT: Will be interesting to see if the earnings call can bounce it back if Tim gives any confidence towards timing of iPhone cycles and what type of cycle they expect with the 6s.
Good thing you wrote "IMO" because the person with no data is just another person with just... an opinion. (Paraphrased from W. Edwards Deming).
IMO, Apple sold exactly 23 (yes, 23) Apple Watches. No, I don't have any data, so that's IMO and it's probably just as accurate as your opinion.![]()
I think they said that just in case it didn't perform as well as they expected. The watch is obvious making Apple money, but I don't think it's selling well. IMO
Maybe you would have...because your word is not to be trusted.If they were good they would have released the Watch sales numbers. no matter what tim said...
That's still an assumption really at best.If they were good they would have released the Watch sales numbers. no matter what tim said...
Well when iPhones, iPads, and iPods came out I saw a lot of them in the wild, even when first released. I have only seen two Apple watches in person. A friend owns one. No one (that I encounter) seems to care about it. Looking at Apple products popularity in the past this can't be a good sign. No need to get offended by my opinion, because it's just that..Good thing you wrote "IMO" because the person with no data is just another person with just... an opinion. (Paraphrased from W. Edwards Deming).
IMO, Apple sold exactly 23 (yes, 23) Apple Watches. No, I don't have any data, so that's IMO and it's probably just as accurate as your opinion.![]()
They said back in October that they wouldn't. Luca Maestri told the AP that after 9 weeks it had outsold the iPhone and iPad. We know it took the iPhone 74 days to sell 1 million. The iPad sold 3.27 million in its first 12.5 weeks.Not a great sign they haven't posted Apple Watch numbers.
Thats exactly 15 more than I've seen in the wild...
As a new product an category which needs to mature and be perfected, they did the smart thing and not say anything about it. And, said they wouldn't. Why tell SAMSUNG aka the competition if it's worth copying?
What does selling well mean? Millions is not selling well? They only are just rolling out sales internationally.
Don't know whether you bought one or will (I will not for now or maybe never), but you know as little as everybody about the actual sales.
My guess is tat once the category is established for Apple and worth keeping, we will see numbers.
If they were good they would have released the Watch sales numbers. no matter what tim said...
Ugh, my shares are down!!!!!!
That's actually pretty good, given it's only been shipping for 2+ months.
People forget that Apple only sold 1.39 million iPhones in the FIRST TWO quarters it was available.
http://www.dailydot.com/technology/apple-watch-sales-perspective/
Well when iPhones, iPads, and iPods came out I saw a lot of them in the wild, even when first released. I have only seen two Apple watches in person. A friend owns one. No one (that I encounter) seems to care about it. Looking at Apple products popularity in the past this can't be a good sign. No need to get offended by my opinion, because it's just that..
That's actually pretty good, given it's only been shipping for 2+ months.
People forget that Apple only sold 1.39 million iPhones in the FIRST TWO quarters it was available.
http://www.dailydot.com/technology/apple-watch-sales-perspective/
Not a great sign they haven't posted Apple Watch numbers.
That's actually pretty good, given it's only been shipping for 2+ months.
People forget that Apple only sold 1.39 million iPhones in the FIRST TWO quarters it was available.
http://www.dailydot.com/technology/apple-watch-sales-perspective/
Missed iPhone sales estimates. Only $2.64B in "other" category = weaker than expected watch sales. Lower than expected Q4 guidance, even after taking into account that Apple sandbags their guidance.
Well when iPhones, iPads, and iPods came out I saw a lot of them in the wild, even when first released. I have only seen two Apple watches in person. A friend owns one. No one (that I encounter) seems to care about it. Looking at Apple products popularity in the past this can't be a good sign. No need to get offended by my opinion, because it's just that..
Your absolutely right about the risk though. If sales start dropping on the iPhone it really pulls the rug from underneath the stock. That being said, it's still the best phone on the market with the most satisfied customers and most valuable brand so doom may not yet be upon it.