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Apple Reports Q3 2019 Results: $10B Profit on $53.8B Revenue, Highest June Quarter Revenue Ever
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Owners get to share in profits. Buy the stock if you want to o own some of the earnings.
No, was just agreeing with you. I’m going to stop quoting people to correct them, because people here literally refuse to learn even when you show them.i think you quoted wrong guy..
So Samsung’s earnings were just announced and profit was down 56%.
The March quarter this year it was down 60%.
And people are thinking Apple is somehow doing bad?
The revenue is barely a miserly 1% higher and profits are 14% lower compared to a year earlier.
So a stagnation in terms of revenue and an obvious decline in terms of profits.
It's not such a great quarter.
woof. chinese companies are eating samsungs breakfast, lunch and dinner.
I think Huawei also announced a 24% increase in revenues same quarter. Samsung better watch out, they're coming for the #1 volume company before long
Brand value? What made you think he was talking about that?
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That because of lower memory prices(Nand, Dram etc.)
Basically Samsung's numbers just normalized after multiple quarters of record profit increases.
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The results are rather strong. But one has to wonder how much better they could be if they didn't screwed up so much with the general strategy of the iPhone beginning with the X. Way too expensive.
Doesn't matter what the cause was - they are down drastically.
If that's "normalized" then Samsung is in for a rough few years.
People still buy Huawei stuff?
UK and US companies are ripping out Hikvision CCTV cameras because they are owned by the Chinese government so I wouldn't take the risk of buying anything Huawei personally but each to their own, obviously security is not such a concern for others.
They could rise up in 2019 if they would lower the prices by 200 USD / GBP / EUR on each new model but I guess that wouldn't keep their 38% margin.
I really laugh out loud when I see people complaining about some of those results. Apple made $10,000,000,000 of net profit in three months. That's $77,100 every single second. Source: https://www.thefinancer.org/?page=news&id=14
Oh yeah, I forgot excuses can be used only in favor of Apple. Kind of like you did here with this attempt to divert the discussion towards Samsung.
Samsung is more than fine. Their product portfolio is very diversified. For example in the next months their silicon manufacturing business should pick up speed with the manufacturing of chips for Nvidia's next gen GPUs and Qualcomm's next flagship SOC.
Market disagrees.
Apple is transitioning and pivoting before your eyes.
Net income can be manipulated simply by cutting something like R&D. Higher sales matter far more and gross margins were nearly identical y/y.
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Samsung just reported a pretty poor quarter and your all important profit was down 56%.
Samsung mobile’s operating profit was down 42%.
If Samsung is more than fine, Apple is firing on all cylinders.
Apple practically is firing on all cylinders, besides the transition in iPhone.
Samsung’s numbers are for everything not just their smartphones, tablets and wearables. Also the parts they sell to other companies like chips and displays. I suspect the revenue for their consumer products alone wouldn’t be down as much.
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It doesn’t matter where Apple make up the money. It just shows diversity in their product line up and the ability to still do well even when the iPhone isn’t doing as well as it has in the past.
Sales down, revenue up... maybe just maybe, they're ripping everyone off with the price of their phones? "Do you want to spend £1000 on a phone?".... "No".
I think the increases revenue was actually from other products as the revenue for the iPhone was down year over year. Revenue for all other product categories was up.
What makes you think that their earnings numbers is despite the iPhone X strategy, rather than because of it?
Google and Free? I like the apple apps due to the interfaces. Google's logic is sometimes hard to find. (Google's service trackrecord is not that great, disbanding services like h*ll.... If you look into it, google becomes more a sheep running around not knowing what it should do)
LoL Google owns some of the most popular and successful web services in the world, comparable only to Facebook.
Have you head of Youtube? or Gmail? Maps, Photos? Cloud? Adsense? Adwords, Analytics? Search?
Interesting graph.
Xiaomi has a high chance to take the number 3 spot in terms of unit shipments in the next 2-3 quarters.
Xiaomi has a high chance to take the number 3 spot in terms of unit shipments in the next 2-3 quarters.
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Indeed. And I’m pretty certain it’s the overpriced derivative X iterations that drove people to hold on to their devices and curb demand –not the other way around.
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Here's a sobering data point: Apple's net earnings this year are the same as they were four years ago:
https://www.cnbc.com/2019/07/31/san...product-of-buyback-financial-engineering.html
https://www.cnbc.com/2019/07/31/san...product-of-buyback-financial-engineering.html