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 Results for Q2 2012: $11.6 Billion Profit on $39.2 Billion in Revenue
- Thread starter MacRumors
- Start date
- Sort by reaction score
What's the point, Apple would just repeat the line "we don't comment about future products" over and over.
True. I know that's what they would say if asked about them, and they don't respond to "rumors" about product discontinuations either.
But -- it's obvious that Apple has become a mobile consumer electronics company by the current profit numbers, and the tone of the discussions on the conference call.
iPhone and iPad -- "it's what Apple's all about, in 2012"
The lowly Mac sits cold on the back burner.
re conference call
tim,
loved your response
"we need people to invent their own stuff"
you impress me again mr cook
tim,
loved your response
"we need people to invent their own stuff"
you impress me again mr cook
And that comes fomr a CEO of a company with the lowest R&D budget (by far) among the peer companies.
Did you catch the music played at the end of the conference call?
It was a clip from Happy by Alexia:
Happy (sha la la)
It's so nice to be happy (sha la la)
It's so nice to be happy (sha la la)
It's so nice to be happy (sha la la)
Somebody was feeling good.
It was a clip from Happy by Alexia:
Happy (sha la la)
It's so nice to be happy (sha la la)
It's so nice to be happy (sha la la)
It's so nice to be happy (sha la la)
Somebody was feeling good.
The size of the budget is not relevant. What one can invent is what is important.
----------
Did you catch the music played at the end of the conference call?
It was a clip from Happy by Alexia:
Happy (sha la la)
It's so nice to be happy (sha la la)
It's so nice to be happy (sha la la)
It's so nice to be happy (sha la la)
Somebody was feeling good.
Would be interesting to hear Still by the Geto Boys at the end of a conf call someday.
Did you catch the music played at the end of the conference call?
It was a clip from Happy by Alexia:
Happy (sha la la)
It's so nice to be happy (sha la la)
It's so nice to be happy (sha la la)
It's so nice to be happy (sha la la)
Somebody was feeling good.
I'm not familiar with the song, but I recall another lyric from it after hearing it on the play-out of the call:
Everybody should be happy (sha la la)
That's basically the take-away. Everybody who's long AAPL should be happy with where we're at, and then some.
I also very much want to reiterate what someone else just commented about Cook's handling of the patent IP issue. Masterfully done; aces.
Low R&D because this is a company that knows exactly what they want to do before doing it.
No real need for trial>error>back to drawing board>trial>error>back to drawing board.....
Regarding patent disputes and recent court litigation matters:
"I'm just sick of it. We don't want to be the only company that innovates. We just want people to invent their own stuff"
-Tim Cook
CEO, Apple Inc.
"I'm just sick of it. We don't want to be the only company that innovates. We just want people to invent their own stuff"
-Tim Cook
CEO, Apple Inc.
The other way to look at that is to say competition is trying to duplicate an engineering concept Apple is very good at so they have to spend more.
If he fails to innovate, even over the next 7-8 years, he'll be renowned for a comment that he could deliver on. Time will tell, as he really hasn't had the chance to do any innovation under his reign yet.
Nobody disputes their profits. But profits do not equate inventions. Not even close. Patents is the closest measuring stick for inventions that we have and Apple is a patent midget.
And R&D doesn't necessarily equate inventions or patents either. R&D can be done to improve a product too. I've seen it directly within my employer.
That's a rather facile response. Phones with lower subsidies attract fewer customers. Also, it has been pointed out that iPhone customers don't change carriers nearly as often as users of other phones. Also, iPhones work more efficiently with the networks.
It's a complicated world. You have to consider a number of factors, not just the subsidy. There may be some unhappinesss with the level of the subsidy, but if it didn't work for them they wouldn't pay it.
Do you think that Samsung spending around $10 billion annually just on their semiconductor FABs are trying to duplicate Apple? Or do they duplicate Apple when they design RAM, Flash Memory, SSDs, hard drives, microprocessors, LCD panels etc.?
Is Samsung competing with Apple on all those items? I don't think so. I think he's referring to companies in direct competition, namely MS.
That would be true if people were not buying Android phones at 2:1 ratio to iPhones. I guess cheaper phones actually attract more customers.
Q: How closely has Jobs stayed involved during his medical leave?*
A: He is still on medical leave, but we do see him on a regular basis. And he continues to be involved in major strategic decisions. I know he wants to be back full time as soon as he can.*
Wha? I hope they are not waiting for Steve. Long wait.
A: He is still on medical leave, but we do see him on a regular basis. And he continues to be involved in major strategic decisions. I know he wants to be back full time as soon as he can.*
Wha? I hope they are not waiting for Steve. Long wait.
You said lower subsidies though, so that means higher cost for consumers. So, now your response to declining profits is to raise prices. Yeah, that'll work!
You believe Apple projections???
Tell me again how outside estimates are the point of comparison. iPad sales are up year-over-year 150%. But someone said that they would triple, not double and a half. So, yeah, it's the end of the world.
I once thought that 60-90% revenue and earnings growth year over year was a good thing. But that's for the old Apple.
So the same pattern this quarter is an ominous milestone on the way to ruin. Who knew?
Tell me again how outside estimates are the point of comparison. iPad sales are up year-over-year 150%. But someone said that they would triple, not double and a half. So, yeah, it's the end of the world.
I once thought that 60-90% revenue and earnings growth year over year was a good thing. But that's for the old Apple.
So the same pattern this quarter is an ominous milestone on the way to ruin. Who knew?
You are just being naive. High cost of subsidies is recouped by high price of contracts. Besides you assume that Apple must get their $700 for iPhone with $400 of this being profit. That's baloney. Providers may lower iPhone subsidies by $200 and keep the prices as is. All that would mean is just lower profits for Apple (in line with what other smart phone manufacturers make).
----------
In case you did not know it, with AAPL, it's only outside projections that matter. Apple's own projections are notoriously conservative. Apparently they like to "blow" them. But nobody cares about their own projections. AAPL is priced based on market expectations (in fact that's why they are called market expectations - because this is what people expect and people price shares according to their own expectations, not Apple's).
"R&D up over $800 million"
Increased R&D hopefully means lots of redesigns on the way! Looking forward to seeing them.
Increased R&D hopefully means lots of redesigns on the way! Looking forward to seeing them.