A substantive narrative on what? Analysts increased iPhone and Q4 estimates right before earnings and Apple didn't meet those increase estimates. That's why the stock is down after hours. All this noise around the Watch is just that, noise.
Bottom line is YOY revenues were up 33%, earnings up 39%, EPS up 45%, iPhone sales up 35% and yet AAPL down 7% after hours. Any other company with those YOY growth figures would not be down 7% after hours.
A substantive narrative on what? Analysts increased iPhone and Q4 estimates right before earnings and Apple didn't meet those increase estimates. That's why the stock is down after hours. All this noise around the Watch is just that, noise.
Bottom line is YOY revenues were up 33%, earnings up 39%, EPS up 45%, iPhone sales up 35% and yet AAPL down 7% after hours. Any other company with those YOY growth figures would not be down 7% after hours.
I totally agree with this. I don't know who designed the current in-store AW sales strategy but I find it very poor. the interaction with display models is extremely limited and doesn't really show what an AW is good for. even when you do a try-on it's only about the bands and the try-on watches are in demo-loops. this is not well thought out.Problem with the AW in-store is that it has to be synced to an iPhone to work as designed. So now all potential buyers can do is play with a demo that really doesn't help to understand the watch or its interconnectivity with the watch. Maybe when Watch 2.0 comes out and apps can be directly loaded onto the watch the presentation will improve. I think what helped sell the iPad in its early days was the fact you could actually play with it in-store as it was intended to work. That's not true of the AW right now.
I agree with Tim Cook's comments regarding the upcoming holiday shopping season - that will be the real test of the Apple Watch's success.
This morning, my barista at Starbucks had one on. Later, I was in a meeting at work yesterday,
If you really believe that then you are incredibly naive...
Calling the guy at starbucks a barrista perfectly mirrors calling an AppleWatch a timepiece... This morning, my barista at Starbucks had [an AppleWatch] on...
Only Wall St could make a fuss about the iPhone shipping 1.5m units less than projected...when sales already stand at 47m+...
Not seen a Sport on anyone's wrist but see a ton of stainless steel watches. Look through this thread - someone else has had the same experience.
Why can't people see this has been somewhat successful even when the facts indicate that?
Tranlslation of ""We beat our internal expectations" for the watch"
We cant believe people bought this useless fashion accessory, for our next product lets just sell a necklace or ring that has no use whatsoever and slap an Apple logo on it, and have the logo light up, but lets put a battery in thats so small it only lasts 5 minutes... if they like a watch that they have to charge every day they will love a necklace they have to sit next to a wall socket and have plugged in all the time.
I guess some guys here wanted the AW to miserably fail, so even if Tim came with a solid sale numbers, they would try to twist it and make it untrue. Just out of curiosity, why does MR attract these kind of people?
Right about the time the Apple watch was released I bought a Blancpain Fifty Fathoms.
Right about the time the Apple watch was released I bought a Blancpain Fifty Fathoms.
I just don't see a lot of young people wearing watches anymore. Apple will sell some watches and it will probably do fine as a hobby product, but honestly I don't see it becoming the next "big thing" like the iPhone. I still wear a watch, but I'm in my late 30's and my younger friends in their early 20's laugh about it saying that no one wears them anymore except old farts.![]()
The iPhone is driving all of Apple's growth. The AW isn't going to move the needle for a while, if ever. iPhone and related services like Apple Pay and Apple Music are what Apple is all about today. So it makes sense to launch an iPhone accessory in the absence of something better.
Yes, Apple's huge growth days are over. For now. But that has more to do with the state of technology in general than Apple specifically. We're in a plateau. Technologies are being advanced and refined, but it'll be a decade or more before the next paradigm shift (in the way text to GUI or mouse to multi-touch was a paradigm shift). We'll get years of incremental improvements and added features sold as mind-blowing innovations before the next leap. And there's no guarantee Apple will be part of the next leap.
Apple is extremely vulnerable these days. It wasn't long ago that Blackberry was synonymous with smartphone. Today it's iPhone. And tomorrow?