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'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.
I don't get it. Highest quarter ever and the stock is down 5%. What do those guy on Wall Street want?
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![]()
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.
iPod grew?
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.
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?
Earnings growth. This persistence of "record quarters" per MR is what throws off the discussion.
Growth? Future earning potential?
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'm actually very curious to know if he held them or sold.
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.
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).
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?
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.
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.
The stock is off 5% after hours. The iPhone number was a big "miss" though earnings and margin were slight beats.
So wait, Apple beat their guidance? Normally when companies beat their guidance the stock doesn't tank 6%.
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?