You are welcome. Apple is one of the few companies I feel confident keeping my stock through a conference call. Even if the numbers aren't great, it's near impossible to make an $800 billion dollar company go down by a lot in a single day. I think Apple is a nice investment as well and even if the iPhone 8 gets delayed. The numbers sold with that phone will be insane.
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Transcript: Here's Everything Tim Cook Said About Apple's Impressive June Quarter Today
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You are welcome. Apple is one of the few companies I feel confident keeping my stock through a conference call. Even if the numbers aren't great, it's near impossible to make an $800 billion dollar company go down by a lot in a single day. I think Apple is a nice investment as well and even if the iPhone 8 gets delayed. The numbers sold with that phone will be insane.
Exactly, with numbers and profits this good what's the impetus for Apple to shoot for the stars anymore? And I don't get people getting excited and lording huge numbers over others; what difference does it make to me if my iPhone has sold 2 billion or 200 billion, it's still the same iPhone in my pocket.
I think after the iPhone 8 announcement stock will go up, Apple seems like a longtime investment rather than a get rich quick idea.
Wow, that must be the world's longest sustained hype.
Steve Jobs did not earn $45B this last quarter! Tim and the team deserve the credit: for preserving the magic of Apple by continuing their incredible teamwork.
They did it with their inherited products. Not the "new" ones. And they never will. It doesn't make sense. Any other company wouldn't get away with churning out resized and recased old stock. But they do. And they're doing well. Despite neglecting their Mac range. Again. All will swing on how "innovative" the iPhone 8 is. Or isn't. But just don't apply normal business logic. It won't work.
Yet more jealous envy from those who can't afford, or at least don't appreciate the value of, Apple products.
"Charge what the market will bear." is obviously the working principle here.
Also, look at Tesla's success in its pricing strategy over its existence. The higher-priced roadster, Model S, and Model X have made the Model 3 and Tesla's Gigafactory possible. And now Tesla's "problem" is filling 500,000 reservations for the new model!
Only a dreary few continue to rant about Apple pricing. The rest continue to contribute to Apple's bottom line and continue to enjoy the Apple ecosystem while enjoying improved lives.
You're not a corporation, so you have to pay higher taxes and you can't hide your money overseas.
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About a week ago some self-appointed "analyst" said Apple was in trouble...the phones sale were in trouble...blaw blaw blaw...then the stock took a dive .....but yesterday the stock went up big and today in pre-market its up over a point....there are Wall Street people who want apple to fail.
Considering the meaning of the word overpriced, they wouldn't have these numbers if it were true.
Oh please, how long are people going to be riding this gravy trainApple is doing great, Tim Cook should get credit! even now that he's DEAD Steve Job's is still getting the credit
Probably because he left a development roadmap for several years worth of products. Its no secret. It was well publicised right here even.
That said, I very much doubt that would run to 5+ years worth..
Yea before I was even born I know
but my point is there seems to be patterns and I'm willing to bet after the September announcements the stock will go up. It's usually around the 11th that they like to old the events if I'm not mistaken.
Bah. Apple's current position has more to do with Luca Maestri and Peter Oppenheimer before him. Luca gives the details and Timmy is simply color. 
My face will be plastered with a smile all morning thanks to this one. Very well done.
Fire Tim Cook. Ain't nobody buyin' no Apple stuff. Apple is doomed, I tell ya, DOOMED! Look at Nokia...Steve would never approve...Yadda yadda yadda...
Despite your selective memory, the vast majority of the times Steve Jobs stood up and made product announcements, they were about incremental updates, not yet another groundbreaking 'new' product. In fact, his groundbreaking 'new' products were pretty much all recombinations of or re-thought-out old products. Steve jobs did not introduce us to mobile music players, smartphones, personal computers, laptop/notebook computers, tablets, WYSIWYG UI, computer mice, etc. Those all existed before he lifted a finger. For that matter, when Jobs died, Apple was already several iterations into "resized and recased" iPhones. The iPhone itself is a re-worked smartphone and PDA, and every other smartphone currently on the market and in millions of people's pockets are "resized and recased" iPhone copies. Literally every other company that makes computer hardware is pretty much exactly in the business of "churning out resized and recased" gear. Every last one of them.
Of course the "resized and recased" comment itself totally ignores the fact that no one (other than some sort of collector) would trade the iPhone 7 in their pocket for an original iPhone, because there's a lot of innovation in the 7 that is lacking in the 1, entirely aside from dimensions and exterior shape.
So what is your point, really?
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Oh please, how long are people going to be riding this gravy train
I still give the Founding Fathers more credit on the Constitution than those who amended it...
Then why was everyone so shocked when Apple removed the headphone jack? I didn't see a single person say "You know, I saw this coming."
Besides, if you really think this, buy competing products which are better in your view, and leave this forum alone.
I used to own a Blackberry. When I switched to iPhone I didn't go on Blackberry forums and moan about the phones. I don't go on Android Authority or 9to5Google and moan about how terrible I think Android is.
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So updating existing products is "churning out resized and recased old stock".
But not updating existing products is "neglecting the Mac".
Apple can't win, summarised in one post.
Agreed. Besides, what is this "hype" he speaks of? Is it something in your morning coffee that makes you powerless to resist a trip to the Apple Store and open your wallet? Never had that.
Nobody complains about BMWs or Mercedes being overpriced. Apple is a luxury brand.
NO mention of acquiring Snap ??? ... Tim should have said that when Snap gets below $10B, we're buying the company ! ... and that could occur later this week or next.
What good is it to have $250B+ USD in cash, when they just let it sit there, and ONLY use it for Stock Buybacks to prop-up the share price ???
What good is it to have $250B+ USD in cash, when they just let it sit there, and ONLY use it for Stock Buybacks to prop-up the share price ???