Traverse
macrumors 604
And it makes me sad. I love iPods. 🙁
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I was hoping for more detailed info about the Watch. I'd love to know how many units of each class were sold and their profit, but I knew we'd never get information that detailed.
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Apple Reports Record Results: $18.4B Profit on $75.9B in Revenue for Q1 2016 on 74.8M iPhones
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I was hoping for more detailed info about the Watch. I'd love to know how many units of each class were sold and their profit, but I knew we'd never get information that detailed.
Attirex
macrumors 65816
NervousFish2
macrumors 6502
BBC headlines running with "slowest iPhone growth ever"
Its a bearish reading of the results. Also, an interesting testament to how psychological markets are these days. For many, this is a sign of disaster in the global economy. And, indeed, it kind of is... if you're someone who was expecting Chinese growth the lift companies like Apple onto the next level. What's also interesting is Apple continues to sit on a huge mountain of cash, and not invest it in any productive activity!
Its a bearish reading of the results. Also, an interesting testament to how psychological markets are these days. For many, this is a sign of disaster in the global economy. And, indeed, it kind of is... if you're someone who was expecting Chinese growth the lift companies like Apple onto the next level. What's also interesting is Apple continues to sit on a huge mountain of cash, and not invest it in any productive activity!
Just shows that Apple would be almost nothing without their iPhone line. iPad sales are down, no one is buying the watch (yet) and iPods are even more obsolete.
69Mustang
macrumors 604
iPhone sales look like Pac Man eating all the ghosts at once.😀
Phone sales look great. The rest? Would be better if the numbers were heading up. The super dependence on the iPhone would have me looking for a spare pair of shorts.
Phone sales look great. The rest? Would be better if the numbers were heading up. The super dependence on the iPhone would have me looking for a spare pair of shorts.
Traverse
macrumors 604
I doubt the numbers would work out perfectly. Apple is a premium brand, so they can get away with those margins, but I wonder what will happen with subsidies now disappearing.
bommai
macrumors 6502a
What is troubling is looking ahead - the march quarter is $50-53 billion. Apple earned $58B last March quarter. So that is a decline in my opinion.
Where are all the people that said iPhone would decline this time round? 🙄
sjinsjca
macrumors 68020
Now why would they want to do that? Their gross margin would take a hit, leading to even more cries of Apple Is Doomed(TM).
They earn their GMs the old fashioned way, by making products people are willing to pay for. There is zero reason for them to chop prices. They charge what they do for the best of reasons: because they can.
Eadfrith
macrumors 6502a
BBC news going with slowest iPhone gross. Some people just can't help but hope Apple falls. Which isn't going to happen anytime soon. All this shows is people are waiting for the next iPhone cause buying now would be stupid.
Nicken
macrumors member
Looking at the after market numbers it seems to be good enough. Seems quite stable for the time being at ≈ +0,2%.
It's still a bigger business than the Mac. My guess is that it helped stem the tide.
Nunyabinez
macrumors 68000
Yes, they would be another run of the mill $24 billion per quarter company, like the thousands of other $24 billion companies... oh wait.
This was the important part:
Those numbers are lower than last year's same quarter. Grated this is only a concern if it becomes a pattern.
What do you mean by real iPhone sales breakdown? They aren't going to break them down by model (if that's what you mean). The ASP for iPhones was up about $3 YoY and about $20 QoQ, for whatever that's worth. But that suggests to me that it was actually flat or a little negative (YoY) because they've reduced how much of the revenue from each iPhone sale that they defer (to account for software upgrade rights).
dannyyankou
macrumors Pentium
You got it mixed up. Sales were expected to be up, but to be slowing down. And if you look at the revenue chart, it's clearly slowing down. And iPhone sales jumped from 51 billion in Q4 2014 to 74.5 billion in Q4 2015, while they jumped to only 76.8 billion this quarter.
I hate these things... everything is up... but their forecast for this year is 5 billion less than analysts predictions, so they're "forecasting a sales decline."
..... just at a loss for words. If it was 5 billion over, they'd be forecasting overly aggressive.
Should just call this the stock reality-check. It'll lose money either way. Some people will short it to make money, new buyers will enter in and make money when it raises back up. It's an immensely profitable company that isn't going anywhere soon.
..... just at a loss for words. If it was 5 billion over, they'd be forecasting overly aggressive.
Should just call this the stock reality-check. It'll lose money either way. Some people will short it to make money, new buyers will enter in and make money when it raises back up. It's an immensely profitable company that isn't going anywhere soon.
The forecast is a bit worse than expected. $50-53 billion vs. $58 billion last year. Some of that (about $4 billion) is the stronger dollar, but it seems that they are predicting either lower iPhone sales, or a different mix.
Yep, this is likely a turning point. Not a disaster, but a turning point.
peterdevries
macrumors 68040
You are totally blinded by that pie chart. Look at what they are actually earning in each of their categories. Although Apple's largest revenue and profit generator is without a doubt the phone (and also innovation platform), Apple would still be a formidable company if the iPhone would not exist. The revenue and especially profits of Apple on the computing platform are impressive on their own and it is pretty clear that Apple also commands much of the profit in the computing market the same way it does in the mobile computing market.