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Apple Reports Record Results for 1Q 2017: $17.9B Profit on $78.4B Revenue, 78.3M iPhones
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I'm also tempted to say the form factor has been played out. When I first saw the iPad revealed, I thought they were going to be everywhere. Cash registers at stores, in classrooms, hospitals, design studios, etc. While it's true that iPads are in those places, they are not widespread (at least in the Midwest) and not always the most useful or cost-effective tool in those situations. Apple needs to either add some radically enticing features, lower the price, or both for their sales to really make an uptick IMO.
Man tech sites can't deal with the fact Apple had a good quarter. The Verge is attributing it to a calendar quirk because of the whole 13 vs. 14 weeks thing. Yet in the middle of their story they write:
So why write the article other than they want people to see the headline (but not read the story) and have people think Apple is messing with the numbers to make them look better than they are. What's so stupid about it is if the December quarter looks better all it means is the March quarter will look worse. The Verge also wrote a story (again) about Apple not disclosing Watch sales. I have yet to see them write a story about Microsoft not disclosing Surface sales figures. For some reason the Apple Watch can't be doing well if Apple doesn't disclose sales figures yet they don't apply that same standard to Microsoft Surface.
So why write the article other than they want people to see the headline (but not read the story) and have people think Apple is messing with the numbers to make them look better than they are. What's so stupid about it is if the December quarter looks better all it means is the March quarter will look worse. The Verge also wrote a story (again) about Apple not disclosing Watch sales. I have yet to see them write a story about Microsoft not disclosing Surface sales figures. For some reason the Apple Watch can't be doing well if Apple doesn't disclose sales figures yet they don't apply that same standard to Microsoft Surface.
Let's say Apple had kept the cheese grater design and updated it every time Intel released new Xeon CPUs. Laptops would have still been 70% of Macs sold and iMacs and Minis would have still made up 85% of all desktop Macs sold, ie, Mac Pros would have constituted 4.5% of Mac sales or maybe 1% (assuming their average selling price is twice that of their other Macs) of Apple's total sales by value.
Value of the pound over the last year.
http://www.exchangerates.org.uk/GBP-USD-exchange-rate-history.html
Hah, you beat me to it.
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I stopped reading The Verge and their misleading-titled/over-hyping/circle-jerking/clickbait articles weeks ago. That place went downhill fast.
The older iPads still do what most people want them to do. It makes the path to upgrading much more difficult than the phone...which is with people all the time and becomes "the camera they have with them". The phone can simply sit back, up the specs of the lens(es) and processor and have a lot of people upgrade for better photos. The iPad, with the exception of a few tourists we have all seen, is not usually the "camera you have with you".
Apple tried to get new buyers with the Keyboard and Pencil additions this year. In the case of the Keyboard, it costs so much that a lot of people would never give it a chance. The Pencil is limited because of iOS. Until they can figure out a way to edit with the Pencil in Photoshop or at least Lightroom on the thing, a lot of people would rather go with the Surface for that purpose.
Personally, I love the iPad and bought a 9.7 inch Pro when they came out. However, the new features aren't really enough to get most people to upgrade. if I had to do it over again, I would probably get a Surface for pen input and keep my Air for the stuff I usually do on the iPad. However, when I considered the Surface last year, it seemed like overkill at the time when I thought about having a MBP, iPad, and Surface rather than just and iPad and MBP.
An interesting thing I noticed on the graph...
The iPod was huge, and the iPhone supplanted it even more so.
Sometimes killing a product with a better one works well for the company, and I hope they do so with the iPad. Make a better one, with more capability (macOS/iOS capability, more RAM, usage as a cell phone, etc.) and it may surprise the company (and shareholders) how it does.
The iPod was huge, and the iPhone supplanted it even more so.
Sometimes killing a product with a better one works well for the company, and I hope they do so with the iPad. Make a better one, with more capability (macOS/iOS capability, more RAM, usage as a cell phone, etc.) and it may surprise the company (and shareholders) how it does.
True - thanks for posting that.
The entire world seems based not on "facts" or "proof" but instead on a skewed world view and cooked up "assessments" made by puppets.
It's a conspiracy, but not something kooky - something real!
Find any journalist, and ask them why they do not investigate and try to point out this big story of misleading garbage everywhere on every topic. A good young journalist could really make a name for themselves by exposing the countless lies about everything from AAPL to world politics.
Tim Cook is the luckiest CEO on the planet. Apple does next to nothing new in 2016 and yet they still deliver record results.
That red iPhone chunk of the pie is gradually gobbling up the rest of the business. Already at 70%.
If the Mac is to survive they need to spin it off into a separate company.
That red iPhone chunk of the pie is gradually gobbling up the rest of the business. Already at 70%.
If the Mac is to survive they need to spin it off into a separate company.
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What's funny is that before the release of the iPhone 8, almost all carriers are dropping their two year contracts, even for those grandfathered in... Coincidence? Or is Apple trying to be sure that everybody either has no excuse to not get one, or isn't tied up in a contract before the release?
If you feel that way, what are you going to say when iPhone 8 is released next year I wonder?
Today is a great day for breakfast with Champagne! A Mimosa!
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I can appreciate record revenues when they are innovating and delivering new products but not when they're standing still.
Great day if you're a shareholder but nothing has changed for rest of us.
AAPL is up $6.80 now, more than 5%. That alone has the DJIA in the green for the day. The increase in AAPL's price equates to about 47 points on the DJIA, and the latter is up about 16 points.
Gone back up to what? Haha. The correction by Apple was to cater for the cliff dive post Brexit. Which still hasn't been restored.
depends what your expections are
my 7 plus, iPad pro and watch, macbook pro are all great products and do what i need them to do. do i want OLED, wireless charging and a new design? yes and we will get that this year.
if people don't like what apple did in 2016 simply go to android. how things sync is why i stick with apple and it's dependable for my needs and why many buy apple products i imagine
Tim Cook is great! look at that budget, impossible to squeeze in 32GB RAM chips on "pro" laptops, a legacy port, a decent mag-safe/keyboard, a high-end GPU, let alone displays, routers or respectable computer upgrades.
The consumer proudly wasting it's life time in pursuit of overpriced disposable products, every generation, no matter how much smoke they blow, they'll be there praising Cook for their overpriced half-baked new item, as if working hard to increase obscene profit margins was worth some good to the world, maybe a PR letter to the LGBT community afterwards should do it, as if they could collect them all and showcase them in their graves.. wait, I could totally see Apple making graves in the future, imagine that? parts could be in the book as well (not human!), instead of reading the bible at the wake, they would pass a few apple book pages skipping the mac section of course, we wouldn't want more incidents with the already "sad" participants in companion of the dead (imagine "bedtime" feature turning on inside of the grave, would be kind of redundant).
Thanks Tim, keep up the great profit. Thanks day 1 buyers, for your contribution to a higher standard.
The consumer proudly wasting it's life time in pursuit of overpriced disposable products, every generation, no matter how much smoke they blow, they'll be there praising Cook for their overpriced half-baked new item, as if working hard to increase obscene profit margins was worth some good to the world, maybe a PR letter to the LGBT community afterwards should do it, as if they could collect them all and showcase them in their graves.. wait, I could totally see Apple making graves in the future, imagine that? parts could be in the book as well (not human!), instead of reading the bible at the wake, they would pass a few apple book pages skipping the mac section of course, we wouldn't want more incidents with the already "sad" participants in companion of the dead (imagine "bedtime" feature turning on inside of the grave, would be kind of redundant).
Thanks Tim, keep up the great profit. Thanks day 1 buyers, for your contribution to a higher standard.
Perhaps you are wrong about innovation then. Consider that! - and see if you will change your views.
You think it is luck? Or they got increased profits without innovating? come on dude!
just get some AirPods - they blew me away with the best pairing I have ever seen and lots of good details in the product design that make them very pleasurable to use. You need more examples? Or you want to tell me that some Kickstarter already made "better" bluetooth earphones?
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Better is the enemy of good
Your time is your most valuable asset
The general trend is that future computers are better than yesterday's models. If you need one today, buy what works for you today.
Apple started in a garage - instead of complaining, get in your garage and compete with them - you might make the next great laptop
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Apple is owned by shareholders. They gave some of that back in the form of the dividend. Why would they give back to the customers? That's bad business logic.
I have read 14 pages of comments and many people have made good points. Unfortunately, many are blinded by the Profit/Revenue numbers. Nice as they appear, they hide an ugly problem. Apple's health as a company is not good. It is becoming balkanized; there is the Iphone, the MacBook, The iPad, iMac, iwatch and other factions. Each claiming to be the most important part of the company. (Reminds me of the old joke about which body part is the most important). Most people would agree that a healthy company has its revenue pretty much evenly disturbed across its products. As many has pointed out, Apple does not and is heavy reliant on the iPhone. More importantly, Apple customers should not have to champion their favorite product line because Apple's management has tunnel vision. Apple has devolve from a company with many products to product lines trying to be their own company. Therefore, each product line is a competitor to the next product line. This is poor management. It appears Apple is most concerned with allocating resources to lines that generate the greatest profit for a short term benefit rather than investing for long term growth.
I'm at it, but when can I expect Xerox's or some other Tech Corp's invitation to see their "latest" tech advancements? Since time is valuable you know... but I'll have a milkshake meanwhile...
PS: If I were in charge of an Apple team I'd show you how product experience comes first, like Steve did. Profit is great, but not unbalanced.
Seriously, nobody is this good.
Something is wrong. Nobody is this good.
The smartphone market is saturated. Tablet sales have been anemic. Laptop and desktops sales continue to decline. And yet somehow Apple has its best quarter ever?
Something is wrong. Nobody is this good.
The smartphone market is saturated. Tablet sales have been anemic. Laptop and desktops sales continue to decline. And yet somehow Apple has its best quarter ever?
Learn to read financial statements! Lol!
IN the history of the world, this is the biggest quarter ever to be seen. It was also the same last year within a few percent. What the heck are you missing anyways? Why so negative. You appear not to be able to see a good thing when it is right in front of your nose - at least that is my opinion.
So maybe, just maybe.... it's You that is wrong.
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