Tim Cook: Apple Watch Sales 'Exceeded Expectations'

[MNJohn]

Why would I argue with them? Those are perfectly reasonable comments. You'll notice that neither of them said anything about the iPhone stagnating.

"suggesting new iPhone builds are down cycle/cycle for the first time...."

Apparently, you aren't reading the posts, either.....

 

[Ulenspiegel]

Not talking about these you mentioned above. Talking about haters. You have to be truly naive to believe there is no such around here.

I deeply regret that you did not realize we are talking about the same phenomenon but from different point of view.
Concerning the question of naïvité, let's not engage in personalities.

P.S.: Your particular comment on Computerworld Blogs was full of hatred you condemn here (exact words in post #256). And by the way, it was not "the only post there" as you stated in post #262. Here is another one:

"Discussion on Telegraph 8 comments
CES 2013: Samsung’s TV interface revolution

bvizion 3 years ago
@ jamesbottom

Qute right! I remember Samsungs "smart" phones before 2007 when Apple did copy them with the iPhone. Oh... wait!!
Dude, nobody beats Samsung for being copycat. However, they make some decent TV with clunky UI."

 

[MH01]

I would think the AW is not for you then. You aren't compelled to buy one. There are several products on the market that appear to be exactly what you want though so you're covered.

I'm aware of that, I bought the AW twice, wanting to keep it....

 

[BaldiMac]

"suggesting new iPhone builds are down cycle/cycle for the first time...."

Apparently, you aren't reading the posts, either.....

What are you under the impression that means?

New iPhone builds are always down heading into the third quarter since they traditionally release new iPhones at the end of the quarter.

 

[MNJohn]

What are you under the impression that means?

New iPhone builds are always down heading into the third quarter since they traditionally release new iPhones at the end of the quarter.

"...for the FIRST time". It doesn't get any more basic than that.

Would you like to dispute the definition of "first"?

 

[SirCheese]

I deeply regret that you did not realize we are talking about the same phenomenon but from different point of view.
Concerning the question of naïvité, let's not engage in personalities.

P.S.: Your particular comment on Computerworld Blogs was full of hatred you condemn here (exact words in post #256). And by the way, it was not "the only post there" as you stated in post #262. Here is another one:

"Discussion on Telegraph 8 comments
CES 2013: Samsung’s TV interface revolution

bvizion 3 years ago
@ jamesbottom

Qute right! I remember Samsungs "smart" phones before 2007 when Apple did copy them with the iPhone. Oh... wait!!
Dude, nobody beats Samsung for being copycat. However, they make some decent TV with clunky UI."

It's clearly obvious what he is, except I won't use the word as to not get myself banned again.

 

[BaldiMac]

"...for the FIRST time". It doesn't get any more basic than that.

Would you like to dispute the definition of "first"?

I'd like to dispute your understanding of it. Again, look at the actual numbers. There's no need to talk about vagaries and interpretations of analyst opinions.

iPhone Revenue Growth YOY
Q3 2015 59%
Q2 2015 55%
Q1 2015 57%
Q4 2014 21%
Q3 2014 9%
Q2 2014 14%
Q1 2014 6%

See how the numbers are getting bigger from 2014 to 2015. That's accelerating growth. Not stagnation.

Source: http://www.apple.com/pr/library/

 

[BvizioN]

I deeply regret that you did not realize we are talking about the same phenomenon but from different point of view.
Concerning the question of naïvité, let's not engage in personalities.

P.S.: Your particular comment on Computerworld Blogs was full of hatred you condemn here (exact words in post #256). And by the way, it was not "the only post there" as you stated in post #262. Here is another one:

"Discussion on Telegraph 8 comments
CES 2013: Samsung’s TV interface revolution

bvizion 3 years ago
@ jamesbottom

Qute right! I remember Samsungs "smart" phones before 2007 when Apple did copy them with the iPhone. Oh... wait!!
Dude, nobody beats Samsung for being copycat. However, they make some decent TV with clunky UI."

And I regret you continue to waste your time. I was not comenting on a Samsung forum. I was commenting on a general blog, which is totally different from being a Samsung based fan site. And do I hate Samsung? Hell yes. I think they are the biggest scumbag company I know. But the last thing you will see me doing is registering on their dedicated fan site about their products, pretending I am criticising them and bashing every product they do.

 

[MNJohn]

I'd like to dispute your understanding of it. Again, look at the actual numbers. There's no need to talk about vagaries and interpretations of analyst opinions.

iPhone Revenue Growth YOY
Q3 2015 59%
Q2 2015 55%
Q1 2015 57%
Q4 2014 21%
Q3 2014 9%
Q2 2014 14%
Q1 2014 6%

See how the numbers are getting bigger from 2014 to 2015. That's accelerating growth. Not stagnation.

Source: http://www.apple.com/pr/library/

It's not my understanding or opinion that matters, it's the "market's" opinion that matters (Apple was down 4.23% today), so I guess the market went with the analysts' math versus yours.

If you wish to dispute Cowen's analyst's math and their downgrade have at it. And, while your at it, if your confident the analysts' speadsheets are misguided, feel free to place a buy order for Apple stock at yesterday's open. Posting an image of your trade confirmation receipt would document the strength of your conviction...

 

[Ulenspiegel]

And I regret you continue to waste your time. I was not comenting on a Samsung forum. I was commenting on a general blog, which is totally different from being a Samsung based fan site. And do I hate Samsung? Hell yes. I think they are the biggest scumbag company I know. But the last thing you will see me doing is registering on their dedicated fan site about their products, pretending I am criticising them and bashing every product they do.

I am grateful that you worry about my time. What concerns hatred: there is no need for hatred at all, neither here, in MR, nor in other Forums.

Being an Apple fan (no pejorative meaning), I guess you are typing on a Mac. Have you ever given a thought that there is a huge chance that your Mac is full of Samsung parts: Samsung SSD, Samsung Panel, Samsung drive RAM and NAND?
Discrepancy, isn't it?

 

[BaldiMac]

It's not my understanding or opinion that matters, it's the "market's" opinion that matters (Apple was down 4.23% today), so I guess the market went with the analysts' math versus yours.

If you wish to dispute Cowen's analyst's math and their downgrade have at it. And, while your at it, if your confident the analysts' speadsheets are misguided, feel free to place a buy order for Apple stock at yesterday's open. Posting an image of your trade confirmation receipt would document the strength of your conviction...

I'm not disputing their analysis. The market's opinion and analyst opinions are irrelevant when we are discussing a verifiable fact. You keep bringing stock performance into the discussion when it has nothing to do with the fact that iPhone growth is not stagnate. I provided proof.

 

[JerryGarciaBandFan]

Since we don't know the average selling price, Apple sold somewhere between 2 and 3 million watches, which really isn't that bad since the supply was extremely constrained and stores did not sell any watches until very recently.

Having said that, I am not sure watchOS 2 will be enough to jump start the sales. At the very least, Apple should introduce few more bands (and perhaps getting rid of unpopular ones) and accessories (e.g., Night Stand dock).

And drop the price. I'm hoping by the time the watch 3 is out the price has dropped $100

 

[Glideslope]

More Tim Kool Aid. Everything "exceeds expectations" with the AW. No numbers, didn't happen Tim. Going to be a slow Holiday Season for the AW. Of course it will beat the "unknown,unreported expectations." LMAO. Thank goodness for the Mac, and the iPhone.

 

[Ron Johnson]

There are a few things that are going on here.
1. A lot of people are waiting for gen 2 as if it is going to be vastly better. I just don't see that nor do I see Apple updating the watch on the terms of the iphone (every year). I see most people waiting for gen2 because they think it will be better, but they can't think of what will be better.

2. People do not feel they need it which is true, but you also do not need a regular watch that just tells you the time either. There are still many people who wear them which is mostly the older generation, although when the younger generation wears a watch it is for a fashion standpoint.

If Apple could make the looks of the device appeal to a broader market I feel it would be even more successful. The sport model needs to look more appealing. The space black needs to have other band options.

if you wear a watch now then the apple watch is definitely worth it. It does much more then a basic watch so I feel there is definitely room to expand.

 

[C DM]

It's not my understanding or opinion that matters, it's the "market's" opinion that matters (Apple was down 4.23% today), so I guess the market went with the analysts' math versus yours.

If you wish to dispute Cowen's analyst's math and their downgrade have at it. And, while your at it, if your confident the analysts' speadsheets are misguided, feel free to place a buy order for Apple stock at yesterday's open. Posting an image of your trade confirmation receipt would document the strength of your conviction...

The market went with the market's opinion which often enough (especially in the short-term) isn't based on anything actually real or rational.

 

[MNJohn]

I'm not disputing their analysis. The market's opinion and analyst opinions are irrelevant when we are discussing a verifiable fact. You keep bringing stock performance into the discussion when it has nothing to do with the fact that iPhone growth is not stagnate. I provided proof.

LOL!!! It's the analysts' words and math your disputing. What is it you don't understand about Arcuri's phrase "...iPhone builds are down cycle/cycle for the first time, we are downgrading AAPL..." ? Is English your first language?

Have you placed your buy order for Apple stock yet?

 

[robbyx]

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.

The size of Blackberry's market has nothing to do with it. My point was merely that Blackberry, at one point, owned a particular market (never mind the size) and were displaced by a better product. Apple is not immune to this same phenomenon. They just have farther to fall. And with 70% of their revenue being iPhone hardware and another 10+% being related services and accessories, they are all in.

You may dismiss the possibility that customers will switch to something else, but I don't. People are fickle. Memories are getting shorter and shorter every day. Yes, Apple enjoys incredible brand loyalty today, but that doesn't make it impossible for someone else to come along and best them.

Apple can continue to grow the iPhone market, but I don't think that will move the stock significantly. For the stock to catch fire again, Apple has to deliver something truly innovative and NEW. But like I said before, I don't see that happening anytime soon, from anyone.

I completely agree with you on the iPad upgrade cycle. I don't think haptic feedback and force touch will compel upgrades, though, certainly not from people who have bought iPads in the past year or two. I think a larger iPad will drive sales more than features like haptic feedback. A 13" or 15" iPad with a nice desk stand and wireless keyboard is a very compelling laptop alternative. But I don't personally see the tablet replacing the laptop anytime soon.

 

[johnnygee]

So the numbers aren't the numbers? Not sure what your argument is. The numbers have been provided. A fairly strong estimate can be provided from the numbers provided directly from Apple. Either way, ignore the numbers, think what you wish.

"Apple said Tuesday its profit surged 38%, aided again by strong demand for the company’s latest iPhones and robust growth in China where sales more than doubled. The gains lifted Apple’s cash reserves to a record $203 billion."-WSJ

Now that AAPL is part of the DJIA 30 blue chip stocks the anal-ysts can rake in huge bucks on stock price drops based on fake negative news.

 

[johnnygee]

Or the numbers haven't been revealed for other good reasons.

"Apple said Tuesday its profit surged 38%, aided again by strong demand for the company’s latest iPhones and robust growth in China where sales more than doubled. The gains lifted Apple’s cash reserves to a record $203 billion."--WSJ

This is all you need to know to realize the stock price drop is complete BS.

 

[Chupa Chupa]

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

You are assuming the iPhone has not competition in China. Xiaomi has taken other phone makers by surprise and become the most popular phone in China. It's why iPhone sales did not even meet expectations this quarter. iPhone growth in China is not as robust as believed it would be because of Xiaomi ever increasing popularity. It's why investors are worried if it's the end of the growth for iPhone. So while China's middle class is growing one can't assume they are interested in an Apple phone when the majority are buying Xiaomis now.

And your comment about Microsoft underscores your misunderstanding of how Microsoft made its money with Windows. Microsoft never depended on consumer whims. They sold annual seat licenses to corporations, and of course, box makers bought licenses for each machine they produced. But then Microsoft had business locked up at 97% and every major box maker except Apple sold Windows machines. Once you have 97% it's hard to grow from there unless you have a hot new product, something Microsoft was never able to deliver, except maybe the XBOX 360, but gaming is a niche industry.

Apple is not Microsoft in the aspect you describe. But like Microsoft, Apple does not seem to have another blockbuster product on the horizon to take up the slack when iPhone sales level off.

 

[dotnet]

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 the Watch.

Whoa, how did we get from "Nobody wishes Apple to be unsuccessful, nobody hates the AW" to "Nobody explicitly states that they wish Apple to be unsuccessful or hate the AW"?

Or are you implying that the haters and doomsayers are just trolling, and are in reality deeply infatuated with Apple, wearing an Apple Watch on each wrist and a Tim Cook tattoo on their shoulder?

 

[BvizioN]

Being an Apple fan (no pejorative meaning), I guess you are typing on a Mac. Have you ever given a thought that there is a huge chance that your Mac is full of Samsung parts: Samsung SSD, Samsung Panel, Samsung drive RAM and NAND?
Discrepancy, isn't it?

Yes, Apple products may have Samsung parts on it. Yes, some of the staff Samsung does are good.some even excellent Does that make Samsung any less scumbag company? Absolutely not. I hate them for using shady practices and copying designs of other companies (not just Apple)
So, yeah... I do admit that I hate Samsung (even though I have tried to give them a chance using some of their Galaxy phones) but I least I do admit it and I stay away from it's forums. In contrast to the other characters in this forum. You know what am on about

 

[Ulenspiegel]

Whoa, how did we get from "Nobody wishes Apple to be unsuccessful, nobody hates the AW" to "Nobody explicitly states that they wish Apple to be unsuccessful or hate the AW"?

Or are you implying that the haters and doomsayers are just trolling, and are in reality deeply infatuated with Apple, wearing an Apple Watch on each wrist and a Tim Cook tattoo on their shoulder?

Don't blow smoke.
I am still waiting for the answer to the question posed in my post #251:

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 the Watch.

 

[Ulenspiegel]

Yes, Apple products may have Samsung parts on it. Yes, some of the staff Samsung does are good.some even excellent Does that make Samsung any less scumbag company? Absolutely not. I hate them for using shady practices and copying designs of other companies (not just Apple)
So, yeah... I do admit that I hate Samsung (even though I have tried to give them a chance using some of their Galaxy phones) but I least I do admit it and I stay away from it's forums. In contrast to the other characters in this forum. You know what am on about

Yep, no rpoblem.

 

[BaldiMac]

LOL!!! It's the analysts' words and math your disputing. What is it you don't understand about Arcuri's phrase "...iPhone builds are down cycle/cycle for the first time, we are downgrading AAPL..." ?

Again, I already explained what that phrase meant and it has nothing to do with your claim that the iPhone is stagnating. Perhaps you can share what you think he meant.

Have you placed your buy order for Apple stock yet?

I haven't made any claims about Apple stock.