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Apple Reports Second Quarter Results

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Re: Apple Reports Second Quarter Results

#51

Post by MR4D »

vasco wrote: post #3

When people ask why the stock market isn't in the dumps when it feels like the whole economy is stopped, this is why. Small business isn't on the S&P, and out of the businesses in it, a large percentage of the market value is concentrated on the tech giants who aren't getting nearly as affected by the current crisis as everyone else. If they don't actually benefit from it. Still super impressive results.

Macy’s, Boeing, United, Carnival, GE, Ford, and so on.

The tech companies are important, but the overall stock market is a lot bigger than them. The companies listed above are in bad shape, but their stock should be in worse shape. Why they aren’t is the same reason the market is up. My guess? Wait for the second drop to be bigger and more brutal than the first (although it may take longer to drop).

Re: Apple Reports Second Quarter Results

#52

Post by dzonga »

does anyone have a good definition of services without bundling in fees paid by google etc to be default search engine. one thing to note though, is services is an excellent business $13bn qtr revenue, $4bn short of FB quarterly revenue.

Re: Apple Reports Second Quarter Results

#53

Post by jonknee »

defap wrote: post #45
grogenaut wrote: post #38

Earlier quoted context omitted.

You still bought this laptop and this watch, they just didn't get it to you. Seems like apple was still selling plenty.

I’d be interested to know from someone knowledgeable whether Apple can recognize the revenue from a sale before the product has been delivered to the customer. It’s not clear to me that they can/do.

They charge when the item is shipped so I'd guess they can recognize the revenue then.

Re: Apple Reports Second Quarter Results

#54

Post by jaredklewis »

ogre_codes wrote: post #46
vasco wrote: post #3

When people ask why the stock market isn't in the dumps when it feels like the whole economy is stopped, this is why. Small business isn't on the S&P, and out of the businesses in it, a large percentage of the market value is concentrated on the tech giants who aren't getting nearly as affected by the current crisis as everyone else. If they don't actually benefit from it. Still super impressive results.

Apple is doing... OK. They are still down 13% from their highs. Boeing is trashed and announced layoffs. GM is as well and are suspending their dividend, Ford isn't exactly happy either, and plenty of other S&P giants. Disney has taken a huge hit due to sports/ ESPN revenue, theme parks, and cruise lines. Small businesses aren't on the S&P 500, but unemployed people and small businesses all buy from companies in the…

> The stock market hasn't quite priced in damage yet.

Quite the claim. Anyone with confidence in this theory should take a short position now and pick up their million bucks after the market “prices in the damage.”

Re: Apple Reports Second Quarter Results

#55

Post by nscalf »

jaredklewis wrote: post #54
ogre_codes wrote: post #46

Earlier quoted context omitted.

Apple is doing... OK. They are still down 13% from their highs. Boeing is trashed and announced layoffs. GM is as well and are suspending their dividend, Ford isn't exactly happy either, and plenty of other S&P giants. Disney has taken a huge hit due to sports/ ESPN revenue, theme parks, and cruise lines. Small businesses aren't on the S&P 500, but unemployed people and small businesses all buy from companies in the…

> The stock market hasn't quite priced in damage yet. Quite the claim. Anyone with confidence in this theory should take a short position now and pick up their million bucks after the market “prices in the damage.”

That's assuming you can time it right. I've been holding puts for ~2 months, and I went from very right to very wrong very quickly. I also fully anticipate to be very right again as soon as the fed stops pumping trillions of dollars into companies that were ill prepared for risk.

Re: Apple Reports Second Quarter Results

#57

Post by RandallBrown »

CSSer wrote: post #43
rstupek wrote: post #32

Earlier quoted context omitted.

If you have the free TV+ you should watch. Many of the shows have been really good in my opinion. Haven't watched one of the shows (besides See) that I didn't think were pretty well done.

Could you throw out some names you liked? I tried See thinking it would be really good. I was unfortunately really disappointed and stopped watching after a little over halfway through the season. It diminished my faith in the platform because it was so heavily marketed. Your comment makes me willing to give it another shot before my year is up.

For All Mankind is probably my favorite TV show of the last year or two.

Re: Apple Reports Second Quarter Results

#58

Post by epistasis »

nscalf wrote: post #55
jaredklewis wrote: post #54

Earlier quoted context omitted.

> The stock market hasn't quite priced in damage yet. Quite the claim. Anyone with confidence in this theory should take a short position now and pick up their million bucks after the market “prices in the damage.”

That's assuming you can time it right. I've been holding puts for ~2 months, and I went from very right to very wrong very quickly. I also fully anticipate to be very right again as soon as the fed stops pumping trillions of dollars into companies that were ill prepared for risk.

This is totally the hard part to know: how much will Trump prop up the stock market?

I recently heard the expression "the stock market is just a graph of rich people's emotions" and find it to be the most pithy truth of economics that I've encountered. A lot goes go into those emotions that we can not anticipate.

Re: Apple Reports Second Quarter Results

#59

Post by george_perez »

mandeepj wrote: post #56
george_perez wrote: post #41

Earlier quoted context omitted.

Yes, this is what I meant.

This is not fair. You edited your comment to include "inventory"

I left the original word in place so people could see that I was corrected. How is that not fair?

Re: Apple Reports Second Quarter Results

#60

Post by toast0 »

filoleg wrote: post #24
toast0 wrote: post #20

Earlier quoted context omitted.

Consuming more ads only helps ad-servers when there are enough ads to serve. A lot of big advertising categories (travel, cars, restaurants) are having a tough time and will likely cut their ad spending.

Apple TV+, Apple Music, and Netflix revenues have nothing to do with ads. EDIT: parent comment was significantly changed after I replied to it. Initially, it was saying that "Apple TV+, Apple Music, Netflix, and Microsoft" were having a tough time and that their ad-serving customers will likely have to cut their ad spending.

I didn't edit my comment, I was addressing my parent's comment (but didn't quote)

> Ad supported services are booming, the Facebooks, Googles, because we’re consuming more ads.

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