Apple to Announce Earnings Today Following First Revenue Warning in 16 Years, End of Unit Sales Reporting

[Baymowe335]

What?

Need a link to Apple's statement? OR are you just one of those people that think the CEO of one of largest companies in the world can lie to investors?
[doublepost=1548789974][/doublepost]

Yeah I also suspect that FT was baked in already. I also don't think the average investor cared much about it.

Of course it is. Markets price in news the instant it's available. If there is a second piece of news on it, we might see another reaction or non-reaction.

 

[Suttree]

This will mark the beginning of the end for Apple. People have wisened up to the fraud and hubris of Apple. People want technology and power: Samsung. Apple’s logo has become a parody in itself. An iPhone at $1,500, Apple has priced out even the hardcore fan base.

Gimmicks like FaceID, 3D Touch, Force Touch, Touch Bar are not innovations. Apple Watch will not improve health and welfare because no one cares about crap like that.

How about an OLED iMac and MacBook with a Blu-ray drive? Innovation. How about a quarter-inch thick iPhone with 24 hours of battery and no camera bump priced at $500? Innovation. How about a powerful graphics card in the iMac so I can play Overwatch? Innovation.

 

[cb3]

New ad campaign coming:

MAGA
"Make Apple Great Again"

... oh, wait ...

 

[kruegdude]

Need a link to Apple's statement? OR are you just one of those people that think the CEO of one of largest companies in the world can lie to investors?
[doublepost=1548789974][/doublepost]
Of course it is. Markets price in news the instant it's available. If there is a second piece of news on it, we might see another reaction or non-reaction.

I suspect it was the “more than 100%” part.

 

[gim]

Need a link to Apple's statement? OR are you just one of those people that think the CEO of one of largest companies in the world can lie to investors?

I'm one of those people who say that your sentence that I quoted does not make any sense.

 

[tridley68]

Apple's revenue will be lower than its original guidance for the quarter, coming in at approximately $84 billion.
$84 Billion is nothing to sneeze at i wish i was bringing home that much bacon.

 

[ryanwarsaw]

I suspect it was the “more than 100%” part.

Many people think Apple missed more than in China alone. Record sales in the USA but they felt the need to do the trade in financing thing. Who knows for sure but the market doesn't have the blind faith in what Cook says as much as some posters around here.

So far it doesn't look like people are lining up to buy before the announcement.
[doublepost=1548790691][/doublepost]

Apple's revenue will be lower than its original guidance for the quarter, coming in at approximately $84 billion.
$84 Billion is nothing to sneeze at i wish i was bringing home that much bacon.

The amount doesn't matter. It is basically a simple under/over bet right now.

 

[bladerunner2000]

Poor Apple, trillion dollar company making a bit less in sales. Terrible luck.

LOL

 

[macfacts]

BEFORE everyone freaks out, we are getting more detail on services margin and they will post record EPS.

Doom and gloomers need to calm down. Too summarize:

China was over 100% the revenue shortfall and revenue records were still set in the US, Canada, Mexico, Spain, Italy, Germany, Korea, Vietnam, and the Netherlands.

No, prices aren't too high in all markets and for ones like China, they have priced iPhones more aggressively.

Other companies have reported significant weakness in China too, including:

• Apple
• Nvidia (revised rev down 20%)
• Caterpillar
• Samsung
• Intel
• FedEx
• Goodyear
• Tiffany

Apple is going to make $20B in profit in 90 days in Q1 2019.

The stock trades at 10X earnings, so Mr. Market will value earnings over time.

Stocks go up and down.

Have a nice day.

Stop parroting Tim Cook. What does it even mean "china was over 100% of the loss"?

 

[KPandian1]

China was over 100% the revenue shortfall and revenue records were still set in the US, …

So, for e.g., if Apple made $400 million in China last year, it made zero dollars this quarter in China?

Apple is going to make $20B in profit in 90 days in Q1 2019.

I hope it does - good for the stock holders.

Stocks go up and down.

Oh! They do?!

 

[2GoldFish]

How about an OLED iMac and MacBook with a Blu-ray drive? Innovation. How about a quarter-inch thick iPhone with 24 hours of battery and no camera bump priced at $500? Innovation. How about a powerful graphics card in the iMac so I can play Overwatch? Innovation.

Calm down, innovation takes time. It has only took Apple 4 years to update Mac Mini by making it black.

Just wait for the Rose Gold iMac Pro in 2025.

 

[BornAgainMac]

I noticed my Apple spending has gone down in 2018. i think the higher prices contributed to it. I use to get the 15 inch MBP but got the 13 inch. Normally I would purchase the iPhone XS Max but picked the smaller cheaper version. I normally would get the new iPad when they came out but I didn't do that. I wanted to replace my Mac Mini but didn't do it. I really like the iMac Pro but the spec I want makes it out of my comfort zone.

 

[Baymowe335]

I'm one of those people who say that your sentence that I quoted does not make any sense.

You having trouble with a number being over 100% of another number?

 

[ipodssss]

This will mark the beginning of the end for Apple. People have wisened up to the fraud and hubris of Apple. People want technology and power: Samsung. Apple’s logo has become a parody in itself. An iPhone at $1,500, Apple has priced out even the hardcore fan base.

Gimmicks like FaceID, 3D Touch, Force Touch, Touch Bar are not innovations. Apple Watch will not improve health and welfare because no one cares about crap like that.

How about an OLED iMac and MacBook with a Blu-ray drive? Innovation. How about a quarter-inch thick iPhone with 24 hours of battery and no camera bump priced at $500? Innovation. How about a powerful graphics card in the iMac so I can play Overwatch? Innovation.

These comments are priceless,

 

[Baymowe335]

So, for e.g., if Apple made $400 million in China last year, it made zero dollars this quarter in China?



I hope it does - good for the stock holders.



Oh! They do?!

It isn't my fault you don't know how to interpret data.

While we anticipated some challenges in key emerging markets, we did not foresee the magnitude of the economic deceleration, particularly in Greater China. In fact, most of our revenue shortfall to our guidance, and over 100 percent of our year-over-year worldwide revenue decline, occurred in Greater China across iPhone

I'll give you some time to think about what that could mean. And no, you aren't on the right track.
[doublepost=1548791130][/doublepost]

Stop parroting Tim Cook. What does it even mean "china was over 100% of the loss"?

It makes perfect sense for people who follow stocks and read financial statements. Try to think a little harder.

 

[eveluvsrainbows]

This will mark the beginning of the end for Apple. People have wisened up to the fraud and hubris of Apple. People want technology and power: Samsung. Apple’s logo has become a parody in itself. An iPhone at $1,500, Apple has priced out even the hardcore fan base.

Gimmicks like FaceID, 3D Touch, Force Touch, Touch Bar are not innovations. Apple Watch will not improve health and welfare because no one cares about crap like that.

How about an OLED iMac and MacBook with a Blu-ray drive? Innovation. How about a quarter-inch thick iPhone with 24 hours of battery and no camera bump priced at $500? Innovation. How about a powerful graphics card in the iMac so I can play Overwatch? Innovation.

Spotted someone who doesn't know much about innovation...

 

[ryanwarsaw]

At this point let's just take some random guesses at what AAPL does today. I will say down 5% or more. Anybody else want to throw out a number? The time frame would be today after hours and through until close tomorrow.


Edited to add specific number down 7.2%

 

[2GoldFish]

No, prices aren't too high in all markets ...

Errr... hmm... interesting....

 

[DeepIn2U]

What is your watch bugging you to do? You know you can turn off the activity related notifications.
[doublepost=1548763793][/doublepost]
UnitedHealthcare has a program that subsidized the cost of AW.

https://www.unitedhealthgroup.com/newsroom/2018/2018-11-15-apple-watch-uhc-wearable.html
[doublepost=1548763936][/doublepost]
So you wouldn’t want financial incentives for being healthier. I’ll give my insurance company information on my steps/workout activity if it helps buy down my deductible. That’s what most of these programs do. And they’re all voluntary.

Looking for a Canadian solution.

After these earnings are reported, I expect even more dropping due to the FaceTime Scandal. Their stocks will be affected by it for sure.

What scandal? A week after bugs where reported by a user, which needs to be tested, verified (internally and externally with variables: apps, settings, Mobile Data vs/or/and Wi-Fi connecitivity)? lol, not a scandal I'm sorry.

7 days after other ongoing projects and current bug fixes which re-routes sources. Nah ... not a scandal just a very fast bug that it had to kill a service temporarily to work on bug fixes.

 

[az431]

After these earnings are reported, I expect even more dropping due to the FaceTime Scandal. Their stocks will be affected by it for sure.

The only scandal is the one you made up. Group FaceTime not being available for a week is not a scandal.

 

[Reason077]

Very lame of Apple to not disclose unit sales.

This suggests they are embarrassed by falling sales, but plan to make it up by raising prices.

 

[ryanwarsaw]

Very lame of Apple to not disclose unit sales.

This suggests they are embarrassed by falling sales, but plan to make it up by raising prices.

A little late to the game but better late than never...

 

[eveluvsrainbows]

Very lame of Apple to not disclose unit sales.

This suggests they are embarrassed by falling sales, but plan to make it up by raising prices.

Or maybe they're just following in the footsteps of other companies, like Google, Microsoft, etc.

 

[ryanwarsaw]

...

You tend to state your opinions as if they are facts. Unless you work at Apple in an executive position you offer nothing more than mere speculation the same as the rest of us. You talk to people like they are little children which also doesn't help.

 

[Reason077]

How about an OLED iMac and MacBook

According to rumours, it sounds like they might skip OLED for Macs and go straight to microLED (mLED).

a Blu-ray drive?

Huh? It’s not 2005.