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I'm not surprised that the stock is down but it does kind of blow my mind that a company can report profits of $13B and their stock drops 6% in after hours trading. Who reports profits even close to that other than Exxon Mobile?
 
I'm not sure how you are getting that growth is gone?
"Apple sold a record 51 million iPhones in the quarter, up from 47.8 million
It sold 26 million iPads, a new record, up from 22.86 million last year.
It sold 4.8 million Macs during the quarter, compared to 4.06 million in the year-ago period."


That is huge product growth. The law of large numbers should start kicking in, but over 6% increase in phone sales is a good direction. Not to mention a 15% increase in Mac sales and the rest.

Or do you mean pure profit growth? It held steady, great. What exactly is Apple supposed to do with more cash? I'd rather they reinvest it into the company similar to Amazon. Amazon never shows a significant profit, but their success is not in question. I'd hate to see decreasing sales and more money made. That doesn't bode well for the future, which is what stock is about, yes?



According to the numbers... how are you confused by this? It's not an opinion, it is factually one.
That's the issue, all those product lines growing, but not the profit, so all those extra Phones, Pads and Macs contributed nothing to the final performance.
 
I did give an advice for people on AT that they might want to think about diversifying from APPL. If they listened to me instead of down-voting perhaps they would feel better today. Maybe they will up-vote my posts now? It's not too late ;)

why would anyone take stock advice from a stranger on the internet? you had a 50/50 chance of being correct.
 
I carry a Note 3 in my brief case every day. Just purchased, set up, and deployed 5 Note 3 in the last week in December.

Also have a 5s. I can use whichever device I choose. I never use the Note 3. It's dead weight but I have to have one in case I have to answer driver questions.

My advice is neither biased, subjective, or baseless. Your lack of information on me is however in fact baseless and as such subjective.

Are you typing in from Korea, or are you a domestic, Korea-hired marketing shil? Either one would be realistic.

Interesting your stance on my opinion when in your OP saying "Nice for that purpose but definitely too big for real world usage.

Don't get a Note 3." Are you a paid Apple shilL?

I know many people, including myself, who are very happy with their "real world" usage of their Note devices. Who are you to make such a blanket statement to anyone reading your post to not buy something? Using your logic, my "information of [you] is...baseless and as such subjective" yet your assumptions are that every other person in the world must be like you and a Note would not work for them. :rolleyes:
 
I don't get it. Apple is squarely on track to their own guidance, and up over last year. Why do analysts keep expecting them to exceed their own expectations and keep on with skyhigh growth year over year? It mystifies me...

Yes, they do need to do things to make sure Android's marketshare doesn't keep growing, like bringing out a bigger iPhone and adding more features. But with this sort of profit and sales, why is Wall Street so gloom and doom about Apple?
 
Well, that's a growth of zero percent. At least they have stopped shrinking. :)

Not when it is flat YoY, can't just look at one number.

For a company that does not pay dividends (well they pay but not much) no growth means drop in price. And growth in revenues does not count. It's all about profits.

Again, Apple is deferring an additional $900 million in revenue this quarter to account for free OS X, iLife, and iWork updates. There was nothing flat about earnings this quarter YOY.

And it isn't really a record quarter. Earnings per share is down from $14.50 to $13.87. Since you ever only own a few shares and not the whole company, what are the records good for?

You got that backwards. EPS rose from $13.87 to $14.50.
 
They are "really happy" instead of the usual "thrilled". Not that I think it means anything, but it is a change in the language typically used.
 
Growth? Future earning potential?

That's what people are missing here. Profits are only one part of the equation, and while they're doing spectacularly (it'd be hard to claim otherwise after seeing them sell 50 million iPhones and making 13.1 billion in profits), the problem is that all those profits are generated by two similar products in an increasingly competitive field.

Apple's hardly doomed, but with everyone else chomping at the bit for a piece of the mobile pie, and the iPhone/iPad line remaining relatively unchanged over the years, their potential mid and long term growth lies in question. Hence the slight hits to their market value.
 
i'm actually very curious to know if he held them or sold.

Apple pretty much told him to go pound sand. He could not have been happy about that. Sure, publicly, he said he was going to buy more anyway. I wonder.
He sure wouldn't come out and publicly say he was planning to sell off his shares at that point.

It wouldn't be a surprise he sold some.
 
Again, Apple is deferring an additional $900 million in revenue this quarter to account for free OS X, iLife, and iWork updates. There was nothing flat about earnings this quarter YOY.



You got that backwards. EPS rose from $13.87 to $14.50.

So wait, Apple beat their guidance? Normally when companies beat their guidance the stock doesn't tank 6%.
 
Would you want to be called Apple shill? Why the need for calling the names? Since you never use Note 3 you simply can't know how good it is (carrying it in a brief case does not count).

If you're such a Note user what on earth are you doing hanging around an apple site?

It's not a bad device. UI is much better than earlier versions, I go back to Android 1.6. But as I said, its too f-in' big.

The point is not if I'm a regular user. The point is that I *could be* at will. I have tested it quite a bit. Certainly more than the OP who isn't going to get much of chance at a store. When one has a $700 device gathering dust as they use their other $700 device daily, that speaks volumes regarding it's utility IMHO.

The buyer can go judge that for themselves the size without signing a contract. He can take whichever of our free advice he chooses. No skin off me.

Go look at your initial reply to decide who threw the first barbs.

PS I'd be happy to be an Apple shil. Tim, if you're hiring, call me!! I can beam up to the new spaceship.
 
I'm not surprised that the stock is down but it does kind of blow my mind that a company can report profits of $13B and their stock drops 6% in after hours trading. Who reports profits even close to that other than Exxon Mobile?

All a stock does is reflect the current market cap/future value of a company.

A stock can report $100 billion in revenue and still fall if up to that point its shares were priced to reflect $101 billion.

The larger Apple grows and the more successful it becomes, the harder it is to please investors and maintain the enormous market cap it enjoys. As I said in my previous post, this is a problem Microsoft knows all too well.

(And the reason Exxon has done well is not just the enormous revenue but also the steady dividend its been paying for ages.)
 
That's what people are missing here. Profits are only one part of the equation, and while they're doing spectacularly (it'd be hard to claim otherwise after seeing them sell 50 million iPhones and making 13.1 billion in profits), the problem is that all those profits are generated by two similar products in an increasingly competitive field.

Apple's hardly doomed, but with everyone else chomping at the bit for a piece of the mobile pie, and the iPhone/iPad line remaining relatively unchanged over the years, their potential mid and long term growth lies in question. Hence the slight hits to their market value.

I don't think AAPL is going to see any significant growth until the new leadership proves that they can successfully enter a new market. The market just doesn't know what to expect from Tim Cook's Apple.
 
For a company that does not pay dividends (well they pay but not much) no growth means drop in price. And growth in revenues does not count. It's all about profits. No surprises here. Wait until they provide forward guidance. It may get worse.



I'm confused, Apple paid $7.7 billion dollars in dividend in last quarter, how is that "not much"? They returned ~ $50 billion dollars to investors so far since they started paying the dividends.
 
The stock is off 5% after hours. The iPhone number was a big "miss" though earnings and margin were slight beats.

That is awesome how 13 billion in profits can be considered can contain a 'big miss'.

Like saying, I lost 2 billion because I WANTED to make 15 billion.
 
So wait, Apple beat their guidance? Normally when companies beat their guidance the stock doesn't tank 6%.

No, because guidance was based on the new accounting model. But when you compare YOY, you have to account for the change in models.
 
Rule number One:

Happiness = Reality - Expectations.

Seems like expectations were higher than what is reported now, flipping the equation to minus.
 
I'm not surprised that the stock is down but it does kind of blow my mind that a company can report profits of $13B and their stock drops 6% in after hours trading. Who reports profits even close to that other than Exxon Mobile?

Well, nobody does. However nobody has the same market capitalization either so I am not sure what's the discrepancy here. Besides. other companies at least pay decent dividends. Apple does not (i.e. not decent). What's the point in staying with the stock which does not grow and does not pay dividends?
 
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