Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Apple Reports Record Results for 1Q 2018: $20B Profit on $88B Revenue, 77.3M iPhones
- Thread starter MacRumors
- Start date
- Sort by reaction score
It's not meaningless when it's the same Q y/y. I know you feel like it's spin, but it's actually very relevant.
I understand what you are saying, but for the most part I see a range of perspectives in most threads...The most polarized either imply or directly state Apple can do no wrong and the on the other side that Apple is doomed or has completely lost its way. But, I see a lot of middle ground, too, where people take issue with stuff like the notch or the move to USB-C exclusively on MBP, without suggesting others overwhelmingly feel the same way. I think we tend to focus on the responses that get our goat (for example, my reaction to your style that utilizes exaggeration "utterly devoid of any meaningful response") and mostly see or pay attention to those. Maybe it's just me.
Well said. It will be interesting to see if your theory is correct. I think among the reasons people were mistaken in their predictions of doom for the new phone is that only a tiny percentage of people buy the phone at full cost. The vast majority of consumers purchase their phones on a monthly plan so the addition of a few dollars more per month is simply shrugged at or not noticed at all.
it was a typo of an apology:
"I must’ve missed her year he left and he year he died. Shoot!"
was supposed to say: I must've missed the year he (S. Jobs) left (Apple) and the year he died. Shoot.
thank you for correcting me.
Regarding the 13 week vs. 14 week situation. The Wall Street analysts want it both ways.
When Apple posts big numbers during a 14 week quarter, they are quick to mention that it was a 14 week quarter. But they are slow to mention a situation like this where they sold more iPhones per week than last year, but the difference in totals was due to the extra week last year.
They beat up Apple last year for needing the extra week, but they don't give credit for the lack of the extra week this year.
Might buy some more AAPL in a few days and watch it rise over the summer.
When Apple posts big numbers during a 14 week quarter, they are quick to mention that it was a 14 week quarter. But they are slow to mention a situation like this where they sold more iPhones per week than last year, but the difference in totals was due to the extra week last year.
They beat up Apple last year for needing the extra week, but they don't give credit for the lack of the extra week this year.
Might buy some more AAPL in a few days and watch it rise over the summer.
Pretty close:
"Tim Cook
And just for clarity, let me add one thing. What Luca is saying is not cash equals zero. He's saying there's an equal amount cash and debt, and that they balance to zero. Just for clarity."
Market overall is down 450 points.
[doublepost=1517598345][/doublepost]
And if Steve Jobs were around right now what would that revolutionary product be?
You also need to factor the $38 billion tax bill and the $15 billion EU tax/fine. However, Apple won’t need to issue any more debt. They only did it to avoid the repatriation tax at 35% under the old rules.
[doublepost=1517598728][/doublepost]
The market is down because the employment numbers were too good. Good news is bad news again because now everyone thinks the Fed will raise interest rates.
If I knew that I'd be the one at the top of the organization making $100M or more per year. As it is I'm just an average consumer waiting for someone at Apple or another tech company to find that next revolutionary device and take my money.
You’re creating a straw man. Nobody said the holiday quarter isn’t an outlier. What’s being said is that when comparing quarters YoY, last year is problematic because it had one week more.
Also, pretty sure a 42-week year would be quite a short one.
[doublepost=1517602132][/doublepost]
No, it doesn’t show that at all. The holiday quarters are different because of 1) the holidays, and 2) new product introductions. Just because you can’t extrapolate an entire year doesn’t mean you can’t extrapolate an additional week in December.
Just a pity they would rather take everyone's last penny/cent, Cook ain't no Gates that's for sure.
You do realize that AAPL doesn't belong to Tim Cook? Gates isn't giving away MSFTs cash, he's donating his own personal fortune.
Do you know how much Cook donates? Probably not as much as Gates, but then again Bill had a lot more money
Not really. Apple is the company everyone loves to hate so no matter what Apple information Apple releases, it will be spun in the centrifuge of public opinion until it is as negative as possible.
Apple could have announced that the iPhone X accounted for 82 of the 83 million iPhones sold in the quarter yesterday. This morning, a hundred publications, webpages and blogs would be running with a lead story stating how the iPhone X was a spectacular failure because not everyone who bought an iPhone bought an iPhone X.
The majority of shipments for PC OEMs are laptops below $1000 and desktops below $500. Those are markets Apple doesn't address as the MacBook Air starts at $999 and the Mac Mini starts at $499. The MBA was for a time the most-popular Mac model overall, but that is now the MacBook Pro (likely the 13" non-Touchbar starting at $1299).
For Apple to compete in those lower market niches, they would have to cut quality and components. Plastic shells instead of metal. Slower i3 and i5 CPUs with less-powerful iGPUs. No Retina displays. HDDs instead of SSDs (or even smaller capacity SSDs).
How do you know the competition doesn’t know and before you say how do you know, let’s not kid ourselves that spying doesn’t occur at Apple and elsewhere.
You either don't get it or (more likely) are just trying to spin. Apple Q1 (regular Q4) is a very special quarter. Apple is building up inventory for new models for a couple of months and then sells it in one day. Adding one week has no effect on this. Same goes for X-Mas. People are going to buy the gifts before X-Mas no matter how many weeks is there in Q1. Obviously adding one week helps but this is a regular week, so it's 210M / 52 = 4M phones i.e. extra 4M phones (optimistic, based on Apple's best year) not extra 6M and even this is probably unlikely as there probably is a shopping lull after X-Mass that lasts a few weeks so those weeks might come lighter than average.
True, but often (usually) there is a supply constraint for some period due to that demand. So not having one additional week to sell product with those constraints in place should logically have a negative impact on total sales over that period.
When you factor in Christmas gifts in the form of currency and retail Gift Cards, this might very well encourage spending on iPhones in the post-Christmas period.
The extra week actually comes at the beginning of the quarter as X-Mas is pinned to the year end. So this extra week is the slowest week in Apple calendar (just before the new model release)
There are a lot of variables and so I was pointing out that the OP's statement about Apple selling 1M less iPhones is disingenuous. Especially considering the iPhone X launched late at $1000.
Oddly enough if you look at the past history of MBA and the current MacBook you'd see some similarities:
MBA 2011 to 2017 still no retina display (in either 11" which no longer is made or the 13").
MacBook 2016 to current has a base Core M3 cpu.
Both have a less-powerful iGPUs.
Yes and I expect the goal is to eventually get the component costs low enough for the MacBook that it can replace the MacBook Air at the $999 price point. Though I hope they add a second USB-C port when they do so.