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Trick or Treat? Apple's First Earnings Call Since iPhone 16 Launch Scheduled for Halloween
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A year ago it was at $173, today it is at $225...
Looking forward to Cook continuing to bore us with a lack of interest in anything that isn't service revenue.
That’s more of a reason to hang onto to my 12 pro max until something promising shows up.
I think there is 2 more days in the quarter yoy? and also should be currency exchange rate favorability too. The dollar dropped right after guidance was issued. Guidance that highlighted the impact the strong dollar will have and has had. The dollar has weakened since guidance alongside the Fed easing
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The real demand for 16 Pro and 16 Pro Max seems to be very high, looks like mainstream media and journalists have been wrong as usual.
Educational discounts for Macs in Europe last until the 21st, so I’d expect either 22nd, 28th or 29th.
Some seem to be having difficulty finding iPhone 16 Pro and Pro Max models.
For example:
The wall street analysts all mention "iphone 16" demand, which makes people think all iphone 16's are selling slower. It seems that they purposely neglect to mention the pro models. Apple said earlier in the year that they were going to increase production on the pro models to adjust for the anticipated demand surge. Just looking at apples website yesterday, the pro modes have 4-5 week ship dates. To me that would say even though apple increased production of the pro models, with the increased demand, the extra production of pro models still isn't good enough to meet demand....meaning the pro models are selling better than anticipated. At least that's how i read the tea leaves......
I assume you mean the "Scary Fast" Event...
While i agree the 16 has been a disappointment, the Vision Pro a disaster and the AppleCar fiasco a straight up embarrassment, Tim Apple’s main talent has always been bean counting and book cooking so I’m sure his FY ‘24 wrap up will be fine. As long as Services continue to hide the slump in hardware sales on the big ledger, AAPL will survive. I don’t envy the mess he’s going to leave for whomever does eventually succeeds him, but I highly doubt the Human Dial tone cares frankly as they’ll be the ones taking the blame when the house of cards he’s spent a decade building toppled over the moment he shuts the door behind him.
cool, hundreds and hundreds of publicly traded companies buy back their stock to increase shareholder value. Point is, it's still near its all time high regardless.
So I just checked, and once again, just like on launch day when there was a bunch of 16 pro max phones available across Los Angeles, there’s almost everything available right now. So I don’t know if it’s just that certain countries or states get less stock or what. If I was to get one this year it would be the black 256hb pro max and they have them in stock at the Brea mall store right now.
Last year at this time I tried to exchange my defective 15 pro max and they didn’t even have replacement phones in stock anywhere, because there was so much demand.
"Stock buybacks enrich the bosses even when business sags" https://www.reuters.com/investigates/special-report/usa-buybacks-pay/
As I said, some seem to be having difficulty finding 16 Pro and Pro Max models (based on discussion links I provided).
Even in California, there are plenty of Apple Stores with limited or no availability of 16 Pro or Pro Max models, especially at the higher 512GB and 1TB storage levels and certain colors.