Or just a few days or so.
And at some point they will probably know.
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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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The guidance is 2% lower than the estimate, is that so disappointing?
For me personally the dividend is to low but i understand that Apple wants to lower the number of outstanding shares first because the price is so low and it saves them on dividend payouts.
Personally I think this is partly why the iCloud limit of 5GB is still in place, they want to force users to get in to a subscription and expand upon ongoing monthly services. App revenue will always go up when new devices are sold, however where's the monthly guaranteed revenue....
This is an area that the new Apple TV with a subscription model should excel at. I can foresee Apple doing a similar thing with video streaming that they have done with Music, Apple Music Vs Spotify, Apple Video Vs Netflix. Then over the next 3-5 years we'll see the services side grow considerably.
I was only one of two of my close friends, family and work colleagues that had an original iPhone. I rarely saw them out and about.
Now I'm at about 50%. And see them everywhere.
You've got to remember they only sold about 5.5m original iPhones - globally. So the fact you saw a lot of them in the wild is interesting. Maybe just lucky. Maybe rose tinted glasses.
Especially as estimates have the Apple Watch pegged at 4.2m (last report I saw this morning) and that's only in a handful of launch countries over the first quarter of its existence.
Will be interesting to see how the future growth plans go.
If the US dollar strengthens, then international (~64% of their sales) will likely be pressured by increased local costs. Combined with economic slow down in many major geographies, especially China.
Cook announced last year he wouldnt highlight sales from the watch. Eitherway is a hammering for apple, its not commerically sensitive. If they say they sold 5million, thats a pretty good business probably making a good whack of profit, but the media will claim its downhill under expectations. If Samsung managed to sell 5.1million over the last year, they would be on their highhorse claiming victory, or others would be pooling all android watch sales into one category. If they dont announce, media claiming its all downhill, under expectations, hiding information blah blah blah.
If the US dollar strengthens, then international (~64% of their sales) will likely be pressured by increased local costs. Combined with economic slow down in many major geographies, especially China.
Cook announced last year he wouldnt highlight sales from the watch. Eitherway is a hammering for apple, its not commerically sensitive. If they say they sold 5million, thats a pretty good business probably making a good whack of profit, but the media will claim its downhill under expectations. If Samsung managed to sell 5.1million over the last year, they would be on their highhorse claiming victory, or others would be pooling all android watch sales into one category. If they dont announce, media claiming its all downhill, under expectations, hiding information blah blah blah.
Google have a lot of services but advertising is still their company. What happens if everyone installs software like Adblock Plus, and never sees and clicks their adverts (including a lot of scam adverts) again. Let's take away their advertising as it's their biggest earner.
That advertising revenue allows Google to run all these additional services, acquire companies etc.
Estimate based on what? Wall Street pulling numbers out of their rear end?
I think there is a big writeoff for Nokia included, I think about $6bn or so. So apart from that big blunder (I think Skype cost them a mint as well) they should be doing reasonably well.
Wait, is this supposed to be satire?
China sales doubled.
In the Americas, you aren't actually comparing sequential quarters, are you? For investment analysis, that would be profoundly stupid.
So I'm just going to assume your post is satire.
This is a slow increase in geographical distribution, which likely means htey are constrained by manufacturing, so likely they are selling as much as they can.
Honestly I don't think Wall Street really cares about the Watch (other than those that want to use it to spread FUD and D&G). It's the rest of the media obsessed with the Watch. Wall Street only cares about iPhones.
The Dilbert answer would be: These analysts are much better at estimating high numbers than Apple is at delivering them!
I'm sorry; Tim's evasiveness over Apple Watch numbers just won't do.
Either they've hit it out of the park, or they haven't. It's very clear that they haven't from the comments he made on the call. When he says that sales aren't their primary concern for the Apple Watch, alarm bells ring. And he falls back on customer satisfaction, and says that it can indicate that a product will do 'fairly well'. To my mind, that was a Freudian slip that says that sales have disappointed.
On the bright side, he said that June has outsold April and May. But that's probably simply due to the supply problem. Most people didn't get their watch until June. Cook's excuse of not wanting to help the competition is simply pathetic. Were iPad sales hurt by Jobs announcing sales figures? I think not. And he can hardly blame anyone if people get the wrong impression over sales if he's not prepared to divulge them. That's a problem entirely of his making, and entirely unnecessary. It's a deeply selfish move that he has made solely to cover his back, because he knows that he would have been judged by those sales and found wanting.
Well, it seems the market has found him wanting anyway, and rightfully so. As a shareholder, I think it quite possible that my shares will lose 40% in value soon. If that forces Tim Cook out, so much the better. His awful politicalisation of Apple needs to be consigned to the history books.
Apple is more important than Cook's ego. Give us an Apple that will surprise and delight us, not one that flabbergasts and dismays us.
Either they've hit it out of the park, or they haven't. It's very clear that they haven't from the comments he made on the call. When he says that sales aren't their primary concern for the Apple Watch, alarm bells ring. And he falls back on customer satisfaction, and says that it can indicate that a product will do 'fairly well'. To my mind, that was a Freudian slip that says that sales have disappointed.
On the bright side, he said that June has outsold April and May. But that's probably simply due to the supply problem. Most people didn't get their watch until June. Cook's excuse of not wanting to help the competition is simply pathetic. Were iPad sales hurt by Jobs announcing sales figures? I think not. And he can hardly blame anyone if people get the wrong impression over sales if he's not prepared to divulge them. That's a problem entirely of his making, and entirely unnecessary. It's a deeply selfish move that he has made solely to cover his back, because he knows that he would have been judged by those sales and found wanting.
Well, it seems the market has found him wanting anyway, and rightfully so. As a shareholder, I think it quite possible that my shares will lose 40% in value soon. If that forces Tim Cook out, so much the better. His awful politicalisation of Apple needs to be consigned to the history books.
Apple is more important than Cook's ego. Give us an Apple that will surprise and delight us, not one that flabbergasts and dismays us.
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are we looking at the same numbers?
China grew +112% Y/Y this quarter. Why would you base your analysis on a Q/Q sequential change?
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Actually, if you took the Mac sales and profits alone, Apple would be a highly successful company. If you took the App Store and iTunes Store sales and profits alone, Apple would be a highly successful company. If you took iPad sales and profits alone, Apple would be a highly successful company. If you took the iPod sales and profits alone, or the Apple TV sales and profits alone, more than 99.99% of all companies would only be too happy with that.
It's the other way around. The people guessing at numbers missed reality by quite a lot (in absolute dollars). So blame the guessers, not Apple. Too bad one can't short stock analysts, and knock down their net worth.
YoY they doubled. And yes, that matters for the headline numbers, but its not at all a fools exercise when factoring in a cycle of an 'S' upgrade combined with a dramatic slowdown in one of the greatest drivers of sales growth.
Its hardly profoundly stupid to point out that THE key driver in YoY sales is experiencing a literal economic panic, in concert with less than stellar diversity away from iPhone from a niche wearable.
I wouldnt want to be anywhere near Apple as an investment until next year when the standard large upgrade cycle is present.
Substantial upgrade cycles make sequential matter... not for every company, but its pretty easy to spot dead quarters ahead when you look beyond the YoY hoopla.
you people complaining about the stock drop should had bought a few days ago @ $124 and sold today @ $130. If you don't know what you're doing get out of the stock market. If you buying into this stock with like $1000, you're buying the wrong stock.
Not if it also gives the competition enough clues on how to compete better against Apple, and thus kill Watch sales, knock down the stock price, and change AAPL shareholder's net worth in a very negative and unhelpful way.
But those ridiculous expectations is what drove up the stock in the first place. But you're correct, that after the dust settles, we are back to where we were before.
There is no "evasiveness" about the Apple Watch numbers. Tim said far ahead of time that they would not be releasing numbers and they did not release numbers, exactly as expected. The only people upset by this are the perpetual naysayers such as yourself.
Correct, I have zero idea what they have in the pipeline, so I make educated decisions with the info I have. Just like you have zero idea whether Apple "value" will be juuuuuuust fine or not. You listen to whoever you like in determining whether or not to buy more shares. Thats the beauty of a free market. I'm happy to have doubled my money in the last 2 years on Apple and don't mind sitting out for now as there are better values out there now.