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Bad, although a lot of that was from Samsung's other businesses. But no doubt the entire smartphone market is in a secular decline, and even with Apple's iPhone unit volume dropping they're still making the right decision keeping ASP's higher than everyone else IMO.

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 figure was Apple's highest ever for the June quarter, just beating out the year-ago quarter, although profits dipped on lower margins.

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.
 
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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?
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
 
Forbes lists Apple as the world’s most valuable brand at $206 billion. Huawei is number 97 at $108.9 billion.
https://www.forbes.com/powerful-brands/list/
Brand value? What made you think he was talking about that?
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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?
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.
 
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Brand value? What made you think he was talking about that?
[doublepost=1564553066][/doublepost]
That because of lower memory prices(Nand, Dram etc.)
Basically Samsung's numbers just normalized after multiple quarters of record profit increases.

Doesn't matter what the cause was - they are down drastically.

If that's "normalized" then Samsung is in for a rough few years.
 
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Compare this to 23% revenue increase for Huawei and it becomes clear who has the momentum.
[doublepost=1564519563][/doublepost]

And the services is mostly app store fees and subscriptions and Apple Care. That's not going to explode any time soon (especially taking into account slowing iPhone sales)

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.
 
apple stays winning...

i predict the iphone sales will decrease again next year since the 2019 rumors aren't very compelling.

2020 might see a jump back up.

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.
 
Doesn't matter what the cause was - they are down drastically.
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.

If that's "normalized" then Samsung is in for a rough few years.

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.
 
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.
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.
[doublepost=1564557761][/doublepost]
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.
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.
 
Here's the thing though, almost 75% of their business is based on one product line and it's supporting services. Remember Blackberry and Nokia.
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
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.
[doublepost=1564558340][/doublepost]
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.
[doublepost=1564557761][/doublepost]
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.
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".
 
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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.
 
It's crazy how something as unimportant as "Wearables + Accessories" or "Services" each make as much revenue as the Mac. You can get many of these services fro free from Google, and you can definitely live without iCloud or Apple Music, while the Mac is something that can earn you a living if that's what you do.

I do hope Apple's strategy for the Mac stops being "just double the price every 6 months" because that isn't going to work forever.

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)
 
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.

counterpoint-q2-2019-global.jpg


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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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.

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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