Wasn't that bound to happen eventually?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.
No company can keep growing forever.
Wasn't that bound to happen eventually?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.
Why? They sucked in 4.351 BILLION off sales of Apple TV, Apple Watch, Beats products, iPod and Apple-branded and third-party accessories. That's a 62% year-to-year increase!Poor ipod!
And the iPad pro didn't make a big impact, but that was not expected anyway.
It's still a bigger business than the Mac. My guess is that it helped stem the tide.
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.
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.
They mean in comparison of the sales from the same quarter the previous year. This quarter this year was the smallest gain over the previous year of the same quarter since the iPhone debuted.Can someone explain how this is the "slowest growth" ever? I'm lost. 77.8 million iPhone's sold?
But but but... I thought iPhone sales were supposed to be DOWN and that part of their business was slowing...
Lol, I'm loving this.
Waiting for the real iPhone sales breakdown as are Apples main investors. Those iPad sales are very very poor, nearly a quarter down!! Shares will take a hit for that.
I think the more one trick pony company Apple becomes, the harder the share price will fall once those one trick sales fall.
Apple's profit margin on iPhones is so ridiculously high, I wonder what would happen if they decided to slash their prices by $200-$300? I bet they would not lose any revenue, as they would just sell greater quantity.
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!
Isn't that the same as saying Google is nothing without search/ads and Microsoft nothing without Windows? Everyone has something that is their bread and butter.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.
Let's see the guidance for the next quarter. THAT is what everyone is waiting for (beware there may be a SELLOFF). Also, how did Apple increase Revenue and Profits if iPad and Mac sales were down, and iPhone sales were flat? Is Apple Watch doing better than expected?
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.
If you remove iPhone, how does the revenue / profit compare to other big tech companies like Google or Microsoft?
It's unfair to call Apple a one trick pony. They're working on a variety of products and seem keen to innovate across the board - just because one of their products is so wildly successful to dwarf the others in a relative sense, doesn't mean the others are small on an absolute scale.