That March guidance being soft is ludicrous. That's based on nothing but analyst dreams.
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Apple Reports Record Results for 1Q 2018: $20B Profit on $88B Revenue, 77.3M iPhones
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Nothing like anecdotal evidence to counter the cold, hard reality of the Q1 numbers, right? Face the facts, X is a smash hit.
It‘s always the next quarter proving Apple is in trouble, isn‘t it?
Why do people here get themselves all worked up over this nonsense that has no effect on them? Who cares if the critics are wrong? Why lose sleep over it? Why not enjoy your iPhone etc and laugh at them?
That’s ridiculous. This week, and every week before, iPhone X outsold all other iPhones. Anytime you use the word “fanboy” to support your argument you should know you have nothing to support your point.
It’s not about being right or wrong but about knowing enough to engage in a meaningful and informed discussion. How would you feel if you were similarly involved in any conversation with a person in real life who clearly has no idea what they are talk about and are blatantly making up random pieces of information as they go along?
I can ignore critics on other blogs and forums. What about those here? When you try to reason with them, they just stick their fingers in their ears and go “Can’t hear you. Apple is doomed. Lalala.” And pollute the thread while they are at it, making it next to impossible to have any sort of meaningful conversation in any thread here.
Or have you not noticed?
Since when did ignorance become a point of view?
As a stockholder I'm obviously very happy. Stock price way up after hours. iPhone X not just a great phone (love mine) but a blockbuster, especially considering its late release.
Good times. Except for those here who, for some sad dark reason, want to spin Apple's best quarter in history as a negative, lol.
Good times. Except for those here who, for some sad dark reason, want to spin Apple's best quarter in history as a negative, lol.
"Apple is a mobile device Company" Steve Jobs said it himself in the original ipad keynote, including mac books.
Ditto. Hoping the dividends trickle up a bit more than the 10%/yr pace.
It’s not about being right or wrong but about knowing enough to engage in a meaningful and informed discussion. How would you feel if you were similarly involved in any conversation with a person in real life who clearly has no idea what they are talk about and are blatantly making up random pieces of information as they go along?
I can ignore critics on other blogs and forums. What about those here? When you try to reason with them, they just stick their fingers in their ears and go “Can’t hear you. Apple is doomed. Lalala.” And pollute the thread while they are at it, making it next to impossible to have any sort of meaningful conversation in any thread here.
Or have you not noticed?
Since when did ignorance become a point of view?
In real life, I break off the conversation and move on. I can only control what I do and say, not anyone else. Ignore them and discuss with people who are interested in conversation, even if you disagree.
Sadly, the number of people here who belong in the latter category seem more the exception than the norm.
Fake news is annoying. And the fact that it’s the same fake Apple news every single January and it still turns investors into nervous nellies is even more annoying. And rumor sites reporting this garbage as if it’s legitimate news. I can be annoyed by something without losing sleep over it.
That’s a good question and it’s too bad Apple wants to keep the answer to itself. If I had to guess, I would say the 8/8 Plus probably outsold the X.
According to Apple CEO Tim Cook, the “iPhone X surpassed our expectations and has been our top-selling iPhone every week since it shipped in November,” which likely contributed to the shift in numbers.
Apple products have been expensive since it was founded. This is nothing new.
Go now Cook. Apple is rudderless under your control.
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This means the CEO is clueless if he's giving divvies. Apple never gave them under Steve for a very singular, fundamental reason. Steve had a roadmap for USING the ca$h but Tim is just a bean counter.
Are we absolutely positive the tariffs are not inclusive to the ASP? I’d suspect the tariffs are since they most likely have a discounted max total based on a certain threshold in tiers (say $1mil for every 10mil revenue). Is that something disclosed in shareholder meetings during financial quarterly reporting?
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False!
Apple gave dividends when Jobs was chairman and a new CEO (me sugar water) was hired. Then stopped for a few years after his return until 2012.
Proof: since you 1992
http://investor.apple.com/dividends.cfm
I dont believe that at all. Steve wanted to hold onto cash in case the business started to decline so it had a cushion. Fact is Apple is MUCH larger than when Steve was around, even steve would have loosened the purse strings by now.
1992? Steve left Apple in 1985 and didn't return until December 1996. He died in 2011. What are you gibbering about?
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You're entitled to your opinion but you've no proof whatsoever that Steve would have approved any dividend. There is zero historical data to show otherwise.
Yes just as much you.
this was a nice fun read
http://fortune.com/2010/08/13/why-steve-jobs-doesnt-pay-dividends/
Despite everything I’ve said and I’ll admit I was slightly too bullish on the quarter, I just want everyone to understand how insane $20B of profit in 90 days truly is.
This was a double digit increase (13%) over last year.
From a business perspective, Apple is literally the best company in the world. This was the most profitable quarter in corporate history.
This was a double digit increase (13%) over last year.
From a business perspective, Apple is literally the best company in the world. This was the most profitable quarter in corporate history.
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.