they sold 1M less iphones than same quarter last year.
77M / 13 * 14 = 83M
If Apple had 14 weeks instead of 13, they would have sold 5M more at a higher ASP.
they sold 1M less iphones than same quarter last year.
I can assure you, the price of the iPhone X is too high Europe tooiPhone X is popular in the US and Europe as far as I notice, but I do not know many friends in Asia who own that. The price is too high for many countries. The phone practically costs you one month worth of salary to a lot of third world countries. I love my iPhone X, but I am skeptical it will continue to sell in Q2. Just my two cents.
iPhone X is popular in the US and Europe as far as I notice, but I do not know many friends in Asia who own that. The price is too high for many countries. The phone practically costs you one month worth of salary to a lot of third world countries. I love my iPhone X, but I am skeptical it will continue to sell in Q2. Just my two cents.
Quite surprising to be honest. They sold 1M less iPhones. I guess taking away the headphone jack was more innovative (or maybe there is no such thing as bad publicity). Though there are software quirks with the iPhone X, in terms of hardware, I am very impressed with it, and I'm glad I got it.
Doesn’t that just show up next quarter then? They have the same number of weeks in a year, right?
What do these Mac numbers show us? A stagnation, greed, or both?
Q1 12 - 5.20M Macs, $6.60B Revenue
Q1 13 - 4.06M Macs, $5.52B Revenue
Q1 14 - 4.84M Macs, $6.34B Revenue
Q1 15 - 5.52M Macs, $6.94B Revenue
Q1 16 - 5.31M Macs, $6.75B Revenue
Q1 17 - 5.37M Macs, $7.24B Revenue
Q1 18 - 5.11M Macs, $6.90B Revenue
How is this even possible?
On the iPhone X:
On the iPhone 8:
- It's way too expensive at $1,000. Nobody will pay that much.
- FaceID is useless, bring back TouchID.
- That notch. Not only ugly but interferes with all my content and videos.
- Glass back? I don't want a fragile phone.
On Macs:
- Not enough of an upgrade from the iPhone 7.
- They still kept the same basic design? Lame.
- Still no Mac Mini updates? People are waiting.
- iMac Pro? I can build a machine for 1/2 the price that's 3x as fast.
- Still only 16GB on the MBP? I require 32GB to be productive.
So my question for all the naysayers and analysts is this. How does it feel to be wrong? Not just wrong, but utterly and spectacularly wrong?
* A million less total iPhone sales over the same 1/4 last year.
* iPad sales up slightly after years of decline despite yearly renews & only due to a bargain basement model, not the premium priced Pro's they want to be a success.
* Mac sales have been stagnant for almost a decade. No surprise when
* Oh & did you pay attention when earlier in the week they said their were doubling down on both OS's cause years of neglect was starting to show?
How does it feel to be IGNORANT? Not just ignorant, but utterly & spectacularly IGNORANT?
Looks like Apple is a phone company to me.
I don't see why not?
- currently over 24 lawsuits of possible coersion of throttle to lead into more sales; Q1 results and statements doesn't help this cause. Now the US DOJ is investigating. This aint no joke.
- the key is Apple always underscores estimates and always beats them since 1997. Since there is no specific breakdown of each and every product line ... only 3rd party analysis of models reported for web use (no isolation of location inside Apple or those separated from employees - 20K + of them), nobody would be able to actually call their bluff. So yeah he could risk it.
Therein lies the rub ... he can say anything without specifics which is like the pied piper leading mice ... nobody can resist the music. That's always been something I squint over but it's business genius. They said the same thing about the 7 sales ... or was it the 6S yet it didn't beat sales of the previous model. Now they don't even mention initial launch week/month numbers anymore as per 'policy' ... why not? Hmmm. That has to bother you somewhat.
recall that Apps destruction is the end of the world commercial? That's Apple actually making fun of it's users stating we have no lives and cannot survive without iOS/Watch Apps. Reminds me too much of that Lemmings commercial.
Do I love the company and what they stand for? Yes
Do I love the products and what they offer, and their warranty and exemplary service (customer, retail, or support)? Hell yes.
Do I believe everything they say? No ... nor should anyone. I like pure statistical data, and Apple is hiding the nitty gritty.
Apple's success is good. I hope there is more to come and I'd like to see much better iPhones, more powerful features in iOS and potentially finally The Navigator as a true mobile computer alternative it showed us back in the 80's feeler Apple video in what we see as the future of the iPad.
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Yeah ...
I'd need to know each country all models sold in.
I'd need to know all the contractural pricing for each model in each country for Q1.
I'd need to know the number of units for each model sold at full retail, their price, in each country for Q1.
I'd need to know if those early iPhone X models that where stolen the first week were factored into the shipped model number or not (just in case).
any other data that I'd need? It's been a while.
PS: The ASP rose $101 from $695 to $796, Q1 2017 to Q1 2018,
Okay, wish there were actual numbers, but it’s better than nothing.
I've no idea what this means.I must’ve missed her year he left and he year he died. Shoot!
What competition? Apple owns this market.You know who else wishes there were detailed numbers per model? Apple’s competition.
Hence there aren’t.
What Apple is going to need to do is find that next transformational shift and create a new market like they did with the iPod and the iPhone. Right now they are at a serious risk of becoming a commodity company selling an incrementally improved product to the same old customer as the old ones wear out. While they aren't doing bad, things like Apple Watch, HomePods, and Apple Music aren't going to be the next $100 billion products.
Stagnation mostly. I think they need to update the iMacs and Mac Mini more frequently. They also should be more aggressive with MacBook and 13" MacBook Pro pricing.
Stagnation mostly. I think they need to update the iMacs and Mac Mini more frequently. They also should be more aggressive with MacBook and 13" MacBook Pro pricing.
77M / 13 * 14 = 83M
If Apple had 14 weeks instead of 13, they would have sold 5M more at a higher ASP.
Apple has to be the most manipulated stock in the S&P 500. Amazing how much stupid selling there can be.Here is the March quarter for Apple going back to 2011. Looking at these numbers I struggle to see what logic Wall Street is using to arrive at a 65B revenue consensus. Even in the super cycle with iPhone 6 Apple revenue topped out at 58B. Also the rumors of Apple planning for 40M X sales and then reducing it in half also makes zero sense. On what planet would X sales ever be 90% of total iPhone sales? It’s frustrating that analyst estimates are never scrutinized. Yesterday I saw numerous headlines saying Apple’s revenue forecast misses estimates. The average person reading that headline is going to see the word miss and think bad when Apple hasn’t missed anything as the quarter isn’t over yet.
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Since when are there 42 weeks in a year?And that's why you are now a Wall Street analyst. You conveniently forgot two major things:
* iPhone sales dynamic around release date
* X-Mas shopping
I am not going to explain this to you. Instead I am going to show how ridiculous your argument is. We have 42 weeks in a year. So, according to your analysis in 2018 Apple will sell 77M / 13 * 42 = 249M. And yet they never sold that many nor are they going to sell this many this year. And this is why AAPL is down today.
Dividends, buybacks and M&A. Luca Maestri told the Financial Times that they see Apple reducing its net cash position to $0. It’s around $135 billion right now after the one-time repatriation tax and the EU fine.
Apple has to be the most manipulated stock in the S&P 500. Amazing how much stupid selling there can be.
You are 100% correct and I'm struggling to see the problem with $60-$62B in revenue guidance for Q2. This would not only be the biggest ever, but almost 20% revenue growth y/y.
The iPhone unit sales have to be the biggest Wallstreet farce for any publicly traded company. They are not only NOT provided by Apple, but are completely projected based on guesses from analysts. Also, the $800 ASP is FAR better than consensus estimate, so the unit sales "miss" in Q1 was completely offset by almost $50/iPhone better ASP. They did almost $62B in iPhone sales versus $54B in the same quarter last year.
13% y/y revenue and profit growth. $20B in profit.
I worry Apple will never get the respect it deserves. Amazon announces they are now making 3% margins and their stock rallies 6%. Absolutely ridiculous.
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Since when are there 42 weeks in a year?
Apple is down because Wallstreet doesn't respect profitability and the whole market is getting hit. They crave growth and despite growing at 13% y/y on top and bottom lines, traders these days are focused on arbitrary iPhone unit sales for a 90 days period. Let the sellers sell. Value wins in the end. Apple made $20B in profit. AMZN made $2B
Why do they need to come up with a new "transformational" product? And what's wrong with iPhone sales (for example) leveling off and staying at a fixed 225 million per year to upgraders? Call it a commodity company, but I don't know how anyone could be unhappy with $150+ billion a year in revenues selling a "commodity" at near 40% margins.
I think Apple needs to focus more on services right now and bring additional value/features to the iOS ecosystem. This will ensure continued long-term sales of devices while also bringing in extra revenue.