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Apple Reports Fourth Quarter Results

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Re: Apple Reports Fourth Quarter Results

#51

Post by bobkazamakis »

SoftTalker wrote: post #26
TMWNN wrote: post #8

Earlier quoted context omitted.

Harry Truman said in 1945 about the atomic bomb, "We thank God that it has come to us, instead of to our enemies". I feel the same way about Apple and FAANG and Silicon Valley as a whole (and Wall Street, and Hollywood, and SpaceX/Tesla, and the Ivy League), that they are in the United States. That doesn't mean I approve of everything they do. That doesn't mean I can't or won't decry their putting thumbs on scales to…

> I am very, very glad that they are American instead of Russian, Chinese, or even British, French, or German. It's not an accident.

they aren't any of those, they're Irish, and that's no accident either.

Re: Apple Reports Fourth Quarter Results

#52

Post by dmix »

junofan wrote: post #35
SoftTalker wrote: post #21

Earlier quoted context omitted.

It's amazing. I sometimes wonder what value these people see in this stuff. I guess I just "think different" as nothing that Apple offers is compelling to me in the slightest way. Yet one can't deny the reality.

Even Linus Torvalds uses a MacBook now. I just can’t find nicer machines out there.

And considering you probably use your laptop 10x more often than your car spending $2 grand on the best around isn’t really much to ask. Especially if they last long which they tend to, especially do if you get AppleCare.

Re: Apple Reports Fourth Quarter Results

#53

Post by such12 »

chollida1 wrote: post #44
such12 wrote: post #29

Earlier quoted context omitted.

Apple has declined to provide guidance for some time now.

somewhat. They still provide some guidance on numbers both magnitude and direction, but don't release actual estimates. I'm confused now. You claimed to not really understand who makes these estimates and have no knowledge about how they are formed but it sounds like you do know a tiny bit about guidance? I mean you literally asked how these estimates were created?

> I'm confused now.

Agreed.

> You claimed to not really understand who makes these estimates and have no knowledge about how they are formed but it sounds like you do know a tiny bit about guidance?

Where do you think I made this claim?

Re: Apple Reports Fourth Quarter Results

#54

Post by alphabetting »

endisneigh wrote: post #14

Apple is unbeatable, what numbers jeez. And to think, Apple’s main competitor being practically forced into giving them money is what saved them. The government should take something from this and not allow for too much consolidation. I’m sure apple giving a few billion to a few hundred small companies could yield some results. I’m very curious what would happen to Google and Meta if Apple announced they’re going to…

Google's insistence on paying the $15B a year is odd to me. I'm sure they've run a bunch of experiments and they view it as making sense financially but I'm not sure how many people would settle with Bing as default search. Their #1 search term being "Google" is pretty telling.

Re: Apple Reports Fourth Quarter Results

#55

Post by shuckles »

guiambros wrote: post #18
such12 wrote: post #12

Earlier quoted context omitted.

By “est”, you mean estimates made by people who have nothing to do with the company, not by Apple themselves.

The people " who have nothing to do with the company " are the ones who buy or sell the stock, and end up dictating what the price action would be post earnings call. So you're technically correct, but it doesn't change the fact that the estimates done by analysts materially influence stock performance.

In the United States, the research arm of banks are explicitly forbidden from working with the investment arms. So they are not the same people.

Re: Apple Reports Fourth Quarter Results

#56

Post by microtherion »

MetaverseClub wrote: post #23

I'm just curious how much Rev/Profit they made on selling employee lunches and dinners.

Apple has 150k employees. Probably get <$15 revenue on average per employee/day, 230 days a year. So <$500M of revenue a year, and with the price/quality of the food, I doubt it's being run at a profit (It's not like they have a wine menu to boost their bottom line).

Re: Apple Reports Fourth Quarter Results

#57

Post by capableweb »

spaceman_2020 wrote: post #30
ckastner wrote: post #3

Annual revenue of $394 billion, more than a billion a day. Not the first company to do it, though. Exxon did it in the 2000s when oil was up to $140, and I think Walmart did it, too.

Their numbers seem utterly unreal to me. How on earth do you sell $205 billion worth of just a single product (iPhone) every year? This is simply the greatest business to have ever been created. I can't imagine anything else ever topping it. The margins AND the volume are both insane.

I don't know if the number comes anywhere near the truth, but if for the sake of the idea imagine that the average iPhone costs $750 USD then $205 billion USD worth of iPhones is around 273,000,000 units. That means there is about 750,000 iPhones sold every day, or 31,250 iPhones sold every hour.

Re: Apple Reports Fourth Quarter Results

#58

Post by mikepurvis »

throwaway1777 wrote: post #34
pavlov wrote: post #19

Earlier quoted context omitted.

Only if you open the App Store… Which I practically never do. The apps on my phone have been essentially the same for years. If I ever install something, it’s probably through a web link or QR code that goes straight to the right app. The App Store is clearly a big wasted opportunity. 12 years ago I was actually eager to find new apps there. Why did Apple let it become a slum?

Basically the same reason Amazon let marketplace become a slum. It’s an open platform and becomes a race to the bottom and full of junk and spam and whoever wants to pay for ads for their junk and spam.

Which is wild to say, because it really isn't a very open platform. It's just open enough to be a cesspool while being policed enough to piss off developers and regulators.

So like... worst of both worlds. Nice.

Re: Apple Reports Fourth Quarter Results

#60

Post by samatman »

retskrad wrote: post #15

Holy moly, the Mac keeps growing like crazy. It’s amusing how Apple wanted the iPad to disrupt the Mac but the advent of M-Series chips on the Mac has really nipped that ambition in the bud.

I remember when I got my first Retina laptop screen, it was nice but I quickly just got used to it.

Then, I found myself using the earlier machine, without the high DPI. That learned me. It was hard to imagine all the work I'd done staring through a screen door at those pixels.

Similarly, I've been using the M1 MPB since I got it. I only remember that it never makes noise when I'm reminded of it, such as in this conversation.

At some point, I'll end up using an Intel laptop of any sort, and I'll hear that whirring noise. It will be jarring, I've grown used to laptops not making sound they way phones and tablets don't.

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