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Apple Reports Record 1Q 2022 Results: $34.6B Profit on $123.9B Revenue
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Yeah, indeed. 70% is iPhone and tangentially-iPhone (wearables; can't do a Watch without iPhone and AirPods are not likely bought without iPhone to start).
Tim knows this, tho, which is why they're pushing services hard.
Apple is where they are today precisely because they do care deeply about their customers.
2011... that was right around the time of their recent split, give/take 1-3 years. At that time, the gamble was already lost.. What I mean by that was that the stock price at that time would have been around $650 - $750/share before the 1-7 split. Because of that, you're riding the second bump of the stock, whereas the gamble to bet big on would have been around 8 years prior, when they were bleeding money and almost dead at under $1/share, while Intel, AMD, NVidia, Yahoo, and others were doing much better, right after the .com bust. The 2011-2013 range was when I told my father to jump in on AAPL, as that split brought them down to under $100/share, and that's when he jumped in.
But it definitely is a good idea to diversify, and that has nothing to do with if a person knows what they are doing. Case in point: everyone that knew what they were doing jumped on pets.com and were going to ride that stock to early retirement. Then the entire .com market collapsed, leaving those shareholders to work at Home Depot. Those same people then turned to ride Enron, Tyco, and MCI/WorldCom home. We see where those scandal got them. Meanwhile, those who diversified and got into more commodities like lumber and durables raked in the money while still in tech stocks were able to smooth out that hit from tech by raking in the money from lumber. When the housing bubble crashed, they were still in tech and rode that.
Not diversifying is the equivalent of running RAID 0 and having a huge music or movie collection stored on it; when it crashes, you have no backup to use to restore what you lost, and your array is completely gone, meaning all data you have is gone with no recovery. You should always have a backup solution ready should your primary one fails.
BL.
Not just you... I'm proper confused. Considering the only product is the iPod Touch which honestly, doesn't get marketed at all.
They did when they're trying to build up their brand. Nowadays, many people get an Apple product because of the brand. With Apple cutting corners like using cables that are too short, and screwing up many customers worldwide by partnering with scammy "authorized" sellers/service centers, and making repairs expensive with their anti-repair behaviors, Apple's definition of "customer care" has definitely shifted. Apple now can afford to literally screw their own premium customers, especially in countries where Apple used those authorized distributors who are more interested in selling than supporting.
Not necessarily if Apple can keep the lock-in ecosystem thriving.
They do need to focus though. I mean how long did it take for them to actually enable universal control? They're losing focus on their own competitive advantage, that software hardware integration that they keep bragging about.
I wish they would use some of those earnings to put more effort into the software side of things. My list of highly annoying software bugs is growing and growing.
Otherwise those are some impressive numbers. I anticipated we would see a hit from the supply chain problems. My hypothesis is, that selling most of the new inventory directly to consumers, instead of through carriers and third party retail channels did the trick, thereby incresing margins. Something similar happened to German car companies. They also managed to increase profits despite of lower volumes.
Otherwise those are some impressive numbers. I anticipated we would see a hit from the supply chain problems. My hypothesis is, that selling most of the new inventory directly to consumers, instead of through carriers and third party retail channels did the trick, thereby incresing margins. Something similar happened to German car companies. They also managed to increase profits despite of lower volumes.
Where's all the people who said Apple lost its ways and Tim Cook is running it into the ground?
They are all at Macdonalds eating the best hamburgers in the world money can buy!
well we shall see with the m2 mba
the mba m1 was meant to show how good ARM is whilst being cheap .doesnt mean the lower pricing will stick around for long
There's nothing wrong with the hardware at all. It's some of the best hardware Apple has ever produced. But the OS just hasn't kept up. Maybe they'll sort it out someday and I'll eat my words.Yeah. So much for that
So there! (Sarcasm)
Pains me somehow to see the Mac doing only 8.8%. But that, I guess, is the way of the future. (And yet the new Apple silicon macs are amazing!! (Owner of MBP Pro M1 pro, and have never been happier about a laptop)
Sure.
I think I paid $11.00 on one AAPL buy. Maybe it was just before or at the time of the iMac release.
I actually bought apple shares back in like 1993
Here is one from 2002 that I snapped when I was cleaning out my office several years ago.
I'll have to look for the original stack of those and post more! I love bragging!
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Sure they do. And years have passed, and people remember.
Carbon Neutral by what year? 2029 or something? That's for YOU, you polluter!
270 Million dollars sent to Africa to help HIV people - nice donation gesture!
Many other donation things.
It's like McDonalds making Ronald McDonald House - for families who need help while someone is in the hospital. Or giving away Orange Kool-Aid (McDonalds yucky orange drink) to every school event
It doesn't matter much - I mean, I'd argue that the iPad has already won.
I have a fellow-nerd cousin who hates Apple. He always seemed to want to talk about Mhz and processing power and upgradability. He does have mechanical engineering degree. He is like 54 years old - like me. I asked him what programs he is using on his stupid Windows laptop? Anything at all that needs "processing power" ??? He was stumped. He doesn't really do much on a computer.
The joke of me getting a fully loaded MacBook Pro M1 with 4TB SSD - just to watch funny cat videos and surf the web is pretty much the truth. The new generation of computer users is doing awesome, but as I get older I see that "engineers" stop engineering and instead manage the younger engineers. iPad is really replacing the MacBook. Despite the huge percentage growth on the M1 Powerbook and simultaneous drop in iPad sales (supply constrained).
The times - they are a changin'