Mac Revenue to 'Decline Substantially' Year Over Year in December Quarter

[MacRumors]

Mac revenue is set to take a significant hit in the first fiscal quarter of 2023, Apple CFO Luca Maestri said during today's earnings call. Maestri was providing guidance on December quarter earnings, and he said that Mac sales will be down year over year next quarter because of the strong December 2021 Mac lineup.

Apple in October 2021 introduced the M1 Pro and M1 Max 14 and 16-inch MacBook Pro models, marking a major new product debut as these were the first Apple silicon versions of the larger Mac notebooks. The new MacBook Pro models included much faster chips and an overhauled design, making them appealing to consumers and spurring sales.

There will be no equivalent launch this year. Rumors have suggested we could get new versions of the 14- and 16-inch MacBook Pro models and new Mac minis before the end of the year, but the focus will be on simple chip refreshes with no design changes. Macs released in late 2022 could also be subject to some of the same supply constraints we've seen impacting Macs throughout 2022.

Thanks to the M2 MacBook Air announcement in June, Mac sales in Q4 2022 saw significant growth. Apple said that Macs brought $11.5 billion, up $2.5 billion year over year. 2022 was a strong year for Macs with Apple earning a total of $40.1 billion from Mac sales.

Article Link: Mac Revenue to 'Decline Substantially' Year Over Year in December Quarter

 

[CarAnalogy]

Feeling better and better about picking up that 14" MBP on sale.

 

[MakeAppleAwesomeAgain]

So he’s preparing us for no MPB refresh this November, and telling is to buy the current gen?

 

[Maigrais]

Yes, the products released in 2021 were some of the company's best and most refined works. The 14 & 16-inch M1 Pro and M1 Max notebooks were the landmark products that ignited so much buzz across the entire PC industry.

 

[TheYayAreaLiving 🎗️]

Release the MacBook Pro 16" Midnight Edition. Problem solved!

 

[senttoschool]

Makes sense. The 14/16" MBP launches were extremely anticipated.

 

[ProfessionalFan]

Well yeah since there was a new MBP 14 and 16 inch last October and this year there wasn't one. And this would point to one not coming in November either.

 

[GMShadow]

So he’s preparing us for no MPB refresh this November, and telling is to buy the current gen?

No, he's saying that a small refresh of an existing product will not spur a big burst of sales like a generational redesign did.

 

[ghanwani]

I would have bought an MBA if it didn't cause me eye strain and headaches. I sold my M1 MBA for $700 at a huge almost 50% loss again because of eye strain and headaches.

Plus Apple is way behind on weight. Most 13" laptops are now 2.5 lb or less, many 14" can be had for 2.5 lb.

But ultimately because of the display issue, I may never be able to use macOS again.

 

[JPack]

Remote work/school combined with M1. Of course that period can't be beat.

 

[TheYayAreaLiving 🎗️]

No, he's saying that a small refresh of an existing product will not spur a big burst of sales like a generational redesign did.

If Apple is going to release MacBook Pro 14" and 16" with only an M2 chip upgrade. Don't even bother. Save it for Spring 2023 with a significant amount of upgrades included.

 

[MilaM]

Price hikes outside US are a big factor in my opinion as well. I was going to buy the M2 Air, but it was just to expensive. Went with a second had M1 Air instead.

 

[jz0309]

Not surprising, last year had wfh still and highly anticipated new MBPs, there’s still a chance we will see MBP update in Nov, just not crazy demand

 

[WiiDSmoker]

Release a 27” iMac.

 

[JPack]

Price hikes outside US are a big factor in my opinion as well. I was going to buy the M2 Air, but it was just to expensive. Went with a second had M1 Air instead.

Apple literally just said less than an hour ago FX wasn't a big deal. They saw double digit growth in many international markets, including India, Indonesia, Vietnam, and Mexico.

 

[Realityck]

Mac revenue is set to take a significant hit in the first fiscal quarter of 2023, Apple CFO Luca Maestri said during today's earnings call. Maestri was providing guidance on December quarter earnings, and he said that Mac sales will be down year over year next quarter because of the strong December 2021 product release timeline

Yes there is nothing coming soon that can compete with the 14"/16" MBPs that were sold December 2021 timeframe. Some great deals to be had now.

 

[ralph_sws]

so no new MBP this year. macrumors will be sorely disappointed 😆😆😆

 

[Alpha Centauri]

Price hikes outside US are a big factor in my opinion as well. I was going to buy the M2 Air, but it was just to expensive. Went with a second had M1 Air instead.

this! But also massive energy price hikes (2-3 x gas) in parts of EU, means people have no clue how they'll get through winter even).

 

[EugW]

Mac revenue is set to take a significant hit in the first fiscal quarter of 2023, Apple CFO Luca Maestri said during today's earnings call. Maestri was providing guidance on December quarter earnings, and he said that Mac sales will be down year over year next quarter because of the strong December 2021 product release timeline.

Above is what Maestri said. However, it sounds like below is what MacRumors is extrapolating from the above statement, correct?

Apple in October 2021 introduced the M1 Pro and M1 Max 14 and 16-inch MacBook Pro models, marking a major new product debut as these were the first Apple silicon versions of the larger Mac notebooks. The new MacBook Pro models included much faster chips and an overhauled design, making them appealing to consumers and spurring sales.

There will be no equivalent launch this year. Rumors have suggested we could get new versions of the 14 and 16-inch MacBook Pro models and new Mac minis before the end of the year, but the focus will be on simple chip refreshes with no design changes. Macs released in late 2022 could also be subject to some of the same supply constraints we've seen impacting Macs throughout 2022.

 

[ralph_sws]

So he’s preparing us for no MPB refresh this November, and telling is to buy the current gen?

yes!

 

[senttoschool]

Apple literally just said less than an hour ago FX wasn't a big deal. They saw double digit growth in many international markets, including India, Indonesia, Vietnam, and Mexico.

We must have heard different earnings call. They took every opportunity to say that FX was a big deal and will continue to be a big deal.

On FX, it's obviously a very significant factor that's affecting our results, both revenue and gross margin

One of the things we appreciated the most was that in spite of the very strong dollar and difficult FX environment, we saw very strong performance in many international markets, including very large emerging markets where even in reported currency, US dollars, we saw double digit growth in India, Indonesia, Vietnam, Mexico, many places we've done incredibly well. In local currency, those growth rates are even higher.

Record revenue of $90.1 billion, better than expected despite strong FX headwinds.

 

[Realityck]

So he’s preparing us for no MPB refresh this November, and telling is to buy the current gen?

At least he's nice enough to tell people to enjoy what they can buy this year then being disappointed by Xmas. Between the mid 2022 M2 MBA and the late 2021 14"/16 M1 Pro/Max MBPs those are some great laptops on sale now.

 

[Born Again]

Make it a touchscreen. Thanks me later!!

 

[Baritone_Guy]

THe whole computer industry is seeing this. When the pandemic hit it set of a buying cycle that was out any normal cycle. All of a sudden a bazillion machines were needed to deal with work or school from home. It was always going to slow down. Add in some economic uncertainty, recession fears etc and this was inevitable.

 

[HDFan]

Rumors have suggested we could get new versions of the 14 and 16-inch MacBook Pro models and new Mac minis before the end of the year, but the focus will be on simple chip refreshes

so he’s preparing us for no MPB refresh this November, and telling is to buy the current gen?

No, he's saying that a small refresh of an existing product will not spur a big burst of sales like a generational redesign did.

No one outside Apple really knows, but my take is also that only a minor refresh could be expected.