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Apple Reports Q3 2016 Earnings of $7.8B on $42.4B in Revenue
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I'm imagining much smaller profit margins on every Mac sold, because component costs will be much higher. If Apple can sell millions of Macs for 1-2 grand and some even higher - mostly with older cheaper components, that's a good thing for the company.
Should it be good news for mac users if ipad's revenue declines below macs?
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Sad but true. More and more mac users know less and less about computers...
Not such a good thing for the customers though.
Well customers are still getting a fantastic computer running the best OS that includes seamless integration with all their other Apple devices.
The reality is most people don't need the latest processors and graphics cards to do their jobs, or accomplish their goals. Those that do, the Mac Pro users especially, I do feel sorry for them. Apple doesn't really have much interest in servicing the needs of high-end professional users anymore.
If they cared for their customers as much as they care for their profits they would give all of that and the latest up to date components.
"Apple has a great pipeline of products". It's just that they are all completely outdated.
If you said your business made $42b this quarter and then the stock went up...you'd get a Wall Street bonus until you said it was Apple.
Well I don't mean lucky in terms of it being an undeserved success. I mean that the reason they beat estimates is that the SE outperformed Apple and the markets expectations. So the market responded in a way that they hand't planned for and it was good for them. Hence "lucky".
The SE is a great phone and if I had to buy a new iPhone today it would be the one that I'd buy. The price, size convenience and incredible battery life would make it a winner over the handful of extra features the 6S has (which is what I carry).
I'm with you. I've been using Macs for even longer and I've had only two failures. Most recent one was GPU in my 2011 iMac. Apple replaced the GPU for only the cost of labor. And they only charged me the labor as the failure was over four years into ownership. I had one other failure in an iMac but I think the darn thing was like seven years old or something crazy like that when it failed. It had been handed down twice already in the family. So I don't really count that one. Heck I barely remember how the iMac was being used when the screen started going.
I think given the state of the industry and the state of apple, these results are good. Apple is facing some issues, like a maturing phone market, and they seem rather slow in rolling out meaningful updates to the phone (unless you consider a thinner design meaningful).
On the mac front, they made some rather poor decisions, that have them painted into the corner. I think they kept waiting for intel, and now the 15" MBP is stuck on Haswell. They need someone to goose some life into that line.
The iPad continues to slide, but I think the IPP is providing a glimmer of hope.
On the mac front, they made some rather poor decisions, that have them painted into the corner. I think they kept waiting for intel, and now the 15" MBP is stuck on Haswell. They need someone to goose some life into that line.
The iPad continues to slide, but I think the IPP is providing a glimmer of hope.
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Companies reporting shrinking revenue profit and margin and markets climbing to all time highs everyday= Bubble, not rocket science. Lowering expectations+financial engineering+government support instead of distorted ratings+trash mortgages, but very much like 2009 all over again, only much bigger.
It's really scary the divergency between reality and markets movement. That's how the human race works, make the same mistake ad eternum. Bubble after bubble after bubble, but everybody wants to believe each time it will last forever and they will get rich.
It's really scary the divergency between reality and markets movement. That's how the human race works, make the same mistake ad eternum. Bubble after bubble after bubble, but everybody wants to believe each time it will last forever and they will get rich.
Apple was lucky analysts didn't settle on a higher earnings estimate that would have been all but impossible for them to beat.
I believe this is the opposite. The more and more I learned about computers, after having been the "casual base" consumer for years buying Dells, Asus and Gateways that would chit the bed on me with amber lights of doom caused me to study up on Mac computers, something I was totally against due to their high prices and venom on forums from PC users...I purchased first a 2012 mac mini, which I loved, moving up to a 2013 iMac 27 inch and now have a Late 2015 5K iMac.
As much as it hurts me to say this, magicschoolbus is right. While Tim and the boys and girls have been spending who knows how much money on a car for 2021, Macs have been allowed to sit in a 2012 box and boxes. No, for gosh sake, don't do a new monitor, make your customers go somewhere else. Don't spend any money on performance upgrades for the any of the desktop boxes and blame it on Intel while other companies don't have this problem. Continue to make the graphic professionals go somewhere else to get the graphic performance they need. And for gosh sake, don't help out the MacPro, you remember that machine, the "don't tell us we can't innovate" machine. Nothing is more maddening to me as a from the first Mac supporter, than to watch this new leadership simply forget the Mac. Apple has become a phone and service busines with little regard for hardware. The thing is, they could be both. With $7.7 Billion in profits they could not show a little love on the boxes that started the whole thing? Sure wish someone was back.
The interesting thing about that chart is that for all quarters up until recent, revenue rises and falls, but the revenue fall is never less than where the rise starts until recent, the revenue fall drops further than where the rise begins. Apple has hit the tipping point. The iPhone 6/6s with no 4 inch version was a huge mistake.
Apple is changing but I didn't change my expectations with it. I was still hoping apple would be at the forefront of the technology. I always wondered why they hired Angela ahrends. But it's clear to me now. Apple is changing into a fashion brand. They're not investing into the latest and greatest technology anymore. Not because they don't can, but because it won't pay off for them that much. They're building their brand like Prada or Gucci. Quality will be could but way overpriced. But hey, you can show off how successful you're and don't have to worrie about price. This isn't the Apple I once knew. It's run by shareholders and profit hunters. They're abandoning the graphic, video and creative market by offering less ports and incompatible ports. The soldered ram and no configurable graphic cards shows you they're not interested in their loyal customers anymore. I've to look elsewhere and admitted this to myself yesterday.
I really hope xiaomi and other Chinese brands will put pressure on Apple by making real good products at a fair price. But I'm afraid Apple won't have to and ignore that because they've become the Gucci and Prada of the computer industry. I just want a brand that suits my needs for being a graphic designer. I hate to say it but Apple isn't that for me anymore.
I really hope xiaomi and other Chinese brands will put pressure on Apple by making real good products at a fair price. But I'm afraid Apple won't have to and ignore that because they've become the Gucci and Prada of the computer industry. I just want a brand that suits my needs for being a graphic designer. I hate to say it but Apple isn't that for me anymore.
Tim said they have something great in the pipeline../I think he meant something in the toilet.
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I thought Steve job brought fear on Intel to hurrying up with the processor?
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I would hate to purchase something to show off...such a waste of money.
Exactly my reality. Getting everything done without hassle.
Let's just add that the pros already left a while ago finding the solutions which work for them.
Regardless of new features, which there can be that many left, short of having a chip implanted in the brain.
(We'll get there)
From the pie chart we can see that Apple is too iPhone heavy and that will be a big area of concern as the overall smartphone market is saturated.
I don't have Apple stock, never was smart enough to buy even though I always believed in Apple, so whatever money they make good for them. It's not mine and I can't influence it, so why get excited or upset?
Same for market share reporting.
That all being said, I am ready for new MBPs
I think Intel is running up against some technical issues on a self imposed schedule. Its similar to what Apple is doing in rolling out new versions of macOS every year. Intel was trying to roll out a tick/tock strategy devised by the marketing department and the engineering team has faltered in keep up with that. Even with Kaybe lake things are not going too quick.