Depends on whether you are also a long-term shareholder (and thus dividend recipient) or not. (if not directly, maybe hidden inside your grandparent's retirement or 401k fund's diversified portfolio, et.al.)
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Tim Cook: Apple Watch Sales 'Exceeded Expectations'
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Depends on whether you are also a long-term shareholder (and thus dividend recipient) or not. (if not directly, maybe hidden inside your grandparent's retirement or 401k fund's diversified portfolio, et.al.)
- Set expectations very low
- Sell hardware
- Exceeded expectations
Thank you for the advice. May I suggest you the same and directing us to the posts explicitly stating that the author wants Apple to be unsuccessful or for this matter hates theWatch.
We have two iPhones, two iPads, a MacBook Pro and a MacBook Air.
And I think the Apple watch is a near useless appendage. Is that the "hate" for the Apple watch to which to the offended poster is referring? If so, I'd say "get a thicker skin".
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Except, you do.
Discussion on Computerworld Blogs 56 comments
Samsung paying students for 'fake Web reviews' -- did it attack Apple, too?
bvizion 2 years ago
Samsung is a troll, dirty, copycat company!
All Samsung products are banned in my home.
I am serious.
Now you want to try that again?
I didn't miss anything. I've been invested in Apple for over 30 years. My comments were in response to someone's else's comment wondering if, as investors, we can expect the kind of growth we've seen in the past. I took that to mean share value, not units sold. The iPhone is the cash cow. Yes, they sold a lot of phones and no doubt will continue to do so. That said, I think the explosion in share value over the past few years has peaked and no one should expect the stock to continue to perform remotely that well. Look at how long Microsoft has been languishing. The only thing that will produce a major increase in share value is a new must-have product, another iPhone. I don't see Apple, or anyone else for that matter, delivering such a product anytime soon. And with all eggs in the iPhone basket, Apple is very vulnerable. Blackberry who?
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Actually Steve Jobs was the all time King of Smoke and Mirrors, building Apple's fat cash reserves via high margins, hype that sucked in many buyers, and repetition of said hype to turn a story into fact. "It's the user experience". "It's Magical & Revolutionary" and on and on. Steve Jobs learned a lot from Barnum and Bailey. l give him a lot of credit for his masterful spin and world class pitchman performance. His acting won more money for Apple than any single product.
It looks like MarketWatch might have one of the better analysis, so far, of Apple Watch sales in Q3: http://www.marketwatch.com/story/ap...han-3-million-watches-last-quarter-2015-07-22
Tim Cook saying the Watch sell-through rate was better than for the iPad launch (with the FTC listening to the investor call in for honesty) might have been a big clue as to the lower bound.
So, a reasonable estimate for Watch sales might be just over 2.5 million units with an ASP of somewhere around $450, for a total revenue of a bit over $1.1B out of the $2.6B of Other (which includes the rapidly declining iPod sales revenue). If Sport Watches make up 60% of the mix, an ASP of $450 only allows a few thousand Edition Watches in the mix. These estimates could be just a bit bigger if iPod sales numbers crashed even more just before their recent refresh.
Tim Cook saying the Watch sell-through rate was better than for the iPad launch (with the FTC listening to the investor call in for honesty) might have been a big clue as to the lower bound.
So, a reasonable estimate for Watch sales might be just over 2.5 million units with an ASP of somewhere around $450, for a total revenue of a bit over $1.1B out of the $2.6B of Other (which includes the rapidly declining iPod sales revenue). If Sport Watches make up 60% of the mix, an ASP of $450 only allows a few thousand Edition Watches in the mix. These estimates could be just a bit bigger if iPod sales numbers crashed even more just before their recent refresh.
Just because you don't understand, doesn't mean that the reason doesn't exist. I bet if you asked Tim Cook, you'd get a well thought out, intelligent answer. The obvious answer to me is not only about the total number of watches sold. The size of the market is an important data point for competitors, but the product mix would be of great importance to competitors as they try to target their resources.
I'm not sure how to respond to an argument that iPhone sales are stagnating.
Just because you don't understand, doesn't mean that the reason doesn't exist. I bet if you asked Tim Cook, you'd get a well thought out, intelligent answer. The obvious answer to me is not only about the total number of watches sold. The size of the market is an important data point for competitors, but the product mix would be of great importance to competitors as they try to target their resources.
I'm not sure how to respond to an argument that iPhone sales are stagnating.
iPhone GROWTH did not meet analysts' expectations. This is one of the reasons widely cited for the drop in Apple stock and its downgrade by Cowen today.
I understand how you don't know how to respond if you don't read the financial news....
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Except, you do.
Discussion on Computerworld Blogs 56 comments
Samsung paying students for 'fake Web reviews' -- did it attack Apple, too?
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bvizion 2 years ago
Samsung is a troll, dirty, copycat company!
All Samsung products are banned in my home.
I am serious.
Now you want to try that again?
Computerworld is a general site, not focused on 1 particular company. And that is more then likely the only post there, and you got to have a nerve to resist not commenting on such article which by the way it have to do with Apple which I admit i am fan of its products. In contrast with Apple haters who have made this forum their home. But you can google all day you want, you won't find me registered on any android forum or Samsung forum. So Mr, nice try but you have not proven a damn thing. I wasn't following a product I have no interest, simply commenting on article related to Apple.
I did read the news. Analysts guessing iPhone growth wrong is not the same as the iPhone stagnating. iPhone revenue grew almost 60%! Any argument that 60% growth equals "stagnating" is just cuckoo bananas.
No, you have not. The only thing that proves is that I have commented in a single article about a scumbag company using shills to bash apple products. Registered on a scumbag company's forum? No. Wasting my time following scumbags products? No.
But hey, here is a suggestion. Keep trying. Who knows, you may get lucky and find something
I have. That you can't accept it is not my problem. It was an article about Samsung and you posted, period. You are a little to fanatical in your position with Apple and it's clearly obvious.No, you have not. The only thing that proves is that I have commented in a single article about a scumbag company using shills to bash apple products. Registered on a scumbag company's forum? No. Wasting my time following scumbags products? No.
But hey, here is a suggestion. Keep trying. Who knows, you may get lucky and find something
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Blackberry was a very very small company in a niche market. But whatever. I've invested in Apple since 1991-92 (rough ride in the late 1990s for sure...) and worked in Silicon valley in the 1990s too (what a time) so I'm well versed in boom and bust.
Iphone revenues will erode when Apple cannot make a compelling point for a quick upgrade (not because they're device is in any way bad or they're buying something else); this is what's happening with the Ipad. People with Ipads are not buying from the competition either; they're just deferring their buying to a later time when Apple will compell them to upgrade. A force touch Ipad with haptic feedback could do the trick; not sure its technically possible this year.
No way we're at peak iPhone. Middle and upper class only represent 15% of chinese families today. In 15 to 25 years they're projected to be the 50%, go figure how many iphones will be that of growth YoY.
Apple is not microsoft. People don't care and have never about having the last windows. People love apple products not because they need them but because of other things
I would kindly draw your attention to the fact that Apple products owners, users who visit this site and have their sovereign opinion as well as think prior to bowing before anything that the Company does, do not equal the sentiment of hostility or hatred.
Not talking about these you mentioned above. Talking about haters. You have to be truly naive to believe there is no such around here.
They're "expectations" changed in the last 4 months with absolutely no explanation at all (higher and higher and higher). I'm sure you can google can't you and verify this. Probably because they all got their analyst badge revoked by 95% of them being wrong by a mile on Q1 (early predictions being utterly laughable) and over corrected.
That those idiot expectations drive the stock price, well that is without question true; because most stock buyers don't buy on facts, but on the current delusion as priced into the market.
Well, yeah, Apple didn't beat some numbers some guys pulled straight out of their derriere, but met its own guidance, had a yoy massive increase in profits and sales. What's new. Seems to happen about 80% of the time.
But, hey, analysts can do whatever they want and always be right; they're the pied pipers of push button investors.
BTW, Apple beating Analysts expectation by a mile in Q1 and the stock still tanking. Hmmm.
They, the genius analysts who had been proven very very wrong, said they were worried that Apple had peaked and now it was time to sell... Yet, people listened to them... Again. Yep, being mostly always wrong is not a strike against any of them.
I did read the news. Analysts guessing iPhone growth wrong is not the same as the iPhone stagnating. iPhone revenue grew almost 60%! Any argument that 60% growth equals "stagnating" is just cuckoo bananas.
The stock went DOWN today-are you with me so far?
Analysts base their valuations on projected rates of growth in sales volume, revenue, etc. Disappointment in the rate of growth of iPhone sales is cited as a major reason for the drop in Apple stock price and downgrade today. Pretty simple, huh?
"Stagnation" is a relative term based upon historical growth rates in a particular industry. "Stagnation" in consumer electronics is much different than stagnation in the demand for roofing granules.
Are you still with me?
I'm not with you. You just made up a definition of stagnation that has no relation to it's actual meaning. Stagnation in economics refers to a prolonged period of slow growth. 60% growth is not slow. iPhone growth is currently accelerating.
I understand that Apple stock went down because analysts guessed wrong. I have no problem with that. That's how the market works.
Argue with the analysts:
"Wells Fargo's Maynard Um
In a vacuum, Apple’s results were good, particularly when accounting for the potential impact higher pricing due to currency may have had on units. However, relative to expectations, results and guidance were disappointing, particularly with respect to iPhone units…"
"Cowen and Company's Timothy Arcuri
With a tepid iPhone number amid mounting China demand concerns and supply-side field work suggesting new iPhone builds are down cycle/cycle for the first time, we are downgrading AAPL from Outperform to Market Perform…for now, iPhone is still the key."
Why would I argue with them?
Those are perfectly reasonable comments. You'll notice that neither of them said anything about the iPhone stagnating.