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Apple Reports Q3 2015 Earnings of $10.7B on $49.6B Revenue: 47.5M iPhones, 10.9M iPads, 4.8M Macs
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Yikes! they basically only sell iphones.... the day the iphones stop selling, apple will be a fraction of the company it is today.
If I was Tim, I would do whatever it takes to diversify.
If I was Tim, I would do whatever it takes to diversify.
Buying stocks to risky in today's speculative environment. Buy derivatives and protect your downside risk.
"...Apple Watch flop..."
- Your opinion, with no evidence to support that opinion.
"...Apple Music flop..."
- Your opinion, with no evidence to support that opinion.
"... Shares down 8% after hours..."
- Aftermarket shares are currently down 6% and not 8%, with an upward bias.
Facts:
- Apple reports record quarter profits.
- Apple reports record quarter growth.
- Apple reports record switchers from Android.
- Quarter in line with Apple's guidance.
- Apple is the most profitable mobile phone maker in the world.
- Apple is the most valuable publicly traded company in the world.
Google revenue increases 11%, stock jumps $60B the next day. Apple revenue increases 33%, stock down 7% after hours. Wall Street clowns keep claiming the premium smartphone market is saturated. Apple reports a 35% YOY increase in iPhone sales and that's somehow disappointing.
Can't believe the stock is down more than 6% after those numbers. I guess the rules of Finance somehow don't apply to Apple, only to every other company? Perfect opportunity for those who want to buy the stock. It's the same thing every time (Apple is doomed, not!).
Apple probably won't release Apple Watch sales numbers until it's been in the market for at least six months, as it still hasn't launched everywhere.
Apple probably won't release Apple Watch sales numbers until it's been in the market for at least six months, as it still hasn't launched everywhere.
Everything is great except for one thing... Apple is not very diversified. The iPhone is the company. Take it away and I don't think their hobby products would sustain the corporation.
Tim Cook said in the call that Apple Watch sales exceeded their expectations.
To be fair, this is the same for a large number of technology companies, e.g., Microsoft with Windows or Google with AdWords.
I guess we shouldn't be surprised. Last quarter Apple beat on every number except iPad and provided guidance above estimates and the stock dropped 2% the next day. I knew when the stock ran up in the past few days it was heading for a fall today.
Apple reported disappointing guidance...$49-51B revenue compared to estimate of $51.1B
Almost pressed the sell button yesterday afternoon at $132 but got greedy
as usual. Why do I always do that. What an idiot!
Now will have to wait another 6 months for it to climb back if we're lucky.
You're confusing Q3 results and Q4 guidance.
"Apple's guidance for the fourth quarter of fiscal 2015 includes expected revenue of $49-51 billion and gross margin between 38.5 and 39.5 percent."
Apple just reported Q3, and the Q4 number you're referring to isn't even over yet.
You do realise that the same folks buy them back at the lower price after selling them?
How can you say "nowhere near good enough" when you don't even know what the numbers are?
Serious question.
Yes, I'm sure the stock will absolutely tank once Apple runs out of people on earth to sell an iPhone to. /s
Apple missed iphone sales estimates by quite a lot.
Apple didn't "miss" anything.
A bunch of guys guessing numbers isn't what Apple should be concerned with.
Here's what actually matters: Apple sold 47 million iPhones this quarter versus 35 million a year ago.
That's growth.
If the sales numbers are "exceeding their expectations" then it sounds like it must be selling amazingly well. That information could be helpful to shareholders and the stock price. They say they can't release numbers because of competition, but at some point stockholders will want to know if it's truly selling amazingly or not.
Everyone missing the Elephant in the room. CHINA
China has fallen off a cliff over the past two months... and China was the next great growth frontier for iPhone. Already showed up in this quarter with sales down 21%. Cant imagine what that number is going to look like in 3 months.
Americas sales are down 2 quarters in a row and China was supposed to make up that slack. That has come to a screeching halt.
So yes, the lack of diversification from iPhone does not bode well for Apple at all for the next 6 months at a minimum.
China has fallen off a cliff over the past two months... and China was the next great growth frontier for iPhone. Already showed up in this quarter with sales down 21%. Cant imagine what that number is going to look like in 3 months.
Americas sales are down 2 quarters in a row and China was supposed to make up that slack. That has come to a screeching halt.
So yes, the lack of diversification from iPhone does not bode well for Apple at all for the next 6 months at a minimum.
Actually operational performance is very good, 70% of Apple profit on 40% of the revenue.