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Apple Reports Fourth Quarter Results

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Re: Apple Reports Fourth Quarter Results

#91

Post by summerlight »

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…

Apple tried to pivot into ads business several times, but they were simply not able to build a good infrastructure and organization for serving ads at the planetary scale. Apple is indeed one of the best engineering companies in the globe, but it can't be superior on everything; it's still struggling on building competitive online services even with the massive advantage of 30% app store tax + complete platform control.

Re: Apple Reports Fourth Quarter Results

#92

Post by jorvi »

chollida1 wrote: post #4

Numbers: - Q4 wearables of $9.6B, beats est byu close to $1B - Q4 Services Rev fo $19.2B short of Est by $800M - Q4 iphone Rev of $42.6B meets Est - Q4 ipad Rev of $7.2B, short of Est by $600M - Q4 Rev of $90.2B beats Est by $2B, that also means its up 8ish% YoY - Q4 Mac Revenue of $11.5B, beats by $2B, nice, forgot they make computers;) - China Rev of $15.5B, this is interesting, AAPL clearly has alot of China expos…

> or are they really good at hedging currency risk

How would they be exposed on this, long-term?

Euro stronger than dollar: convert prices 1-1. I saw someone do a calculation that EU customers overpaid ~38% (!) on Macbooks in 2009. Yes, that's with VAT (sales tax) removed.

Dollar stronger than euro: immediately horrendously jack up the prices.

Re: Apple Reports Fourth Quarter Results

#93

Post by smoldesu »

duped wrote: post #74
spaceman_2020 wrote: post #30

Earlier quoted context omitted.

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.

Almost every adult in the developed world needs a smart phone. They replace these devices about every 2-3 years. Apple makes one of the best in class of these devices, and has successfully designed one such that it's hard to switch to a competitor (rather it's easier to stay in the ecosystem). They've convinced about a billion people on the planet that the iPhone is the best device for them, so if you split that into…

iPhones make money, but services make more. The App Store alone made over 80 billion dollars in estimated revenue last year, just by existing. That's without accounting for Apple One, Apple Fitness, Apple Arcade, AppleTV Plus, or iCloud. Apple simply makes $80 billion annually for writing a payment processor everyone else has to use.

Services are one thing, but playing both the gatekeeper and competitor to a number of corporations is not a sustainable business model. Apple needs to double-down on their hardware dominance and leave the software distribution to software writers. All their other services can stay, Apple users can drown in AppleTV+ shows for all I care. The App Store is a fundamental de-facto monopoly on software distribution and (as we've seen with Spotify) service development. That quite literally cannot be the status quo going forward.

Re: Apple Reports Fourth Quarter Results

#94

Post by leokennis »

pavlov wrote: post #19
leokennis wrote: post #13

Earlier quoted context omitted.

Don’t forget Tim Cook also brought you crummy gambling ads next to gambling addiction recovery apps on your $1500 phone.

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?

I also remember trying out different new apps on the daily in 2010.

If only those had costed $15 instead of $1, apps might not have become a race to the bottom where the only way to make a buck was to offer shady IAP or to release an uninspired boilerplate app filled to the brim with ads.

Re: Apple Reports Fourth Quarter Results

#95

Post by smoldesu »

yieldcrv wrote: post #76
neel8986 wrote: post #10

Earlier quoted context omitted.

There are other companies including Walmart or Amazon having larger revenue. But what truly exceptional is Apple's net income. Trailing 1 year is almost 100B !! Only Saudi Armaco can touch that

Its fascinating to watch US corporate sector catch up to state sponsored or partially nationalized entities. Like wow, what a powerhouse. Taking hundreds of years of the corporation concept to do it, but make a country whose culture is only that and its working in that regard.

Apple, Google and Microsoft are all arguably partially-nationalized entities. They aren't literally owned by the government, but our government does wield it's unfathomable economic power to push US-based tech companies to every corner of the globe. It's a sad, perverted form of imperialism, but I consider it partial-nationalization none the less.

Re: Apple Reports Fourth Quarter Results

#96

Post by rcarr »

chollida1 wrote: post #4

Numbers: - Q4 wearables of $9.6B, beats est byu close to $1B - Q4 Services Rev fo $19.2B short of Est by $800M - Q4 iphone Rev of $42.6B meets Est - Q4 ipad Rev of $7.2B, short of Est by $600M - Q4 Rev of $90.2B beats Est by $2B, that also means its up 8ish% YoY - Q4 Mac Revenue of $11.5B, beats by $2B, nice, forgot they make computers;) - China Rev of $15.5B, this is interesting, AAPL clearly has alot of China expos…

> AAPLE has $23B in cash, down 1/3 from this time last year. Mostly given back to investors. Probably nothing to worry about here:)

Didn’t they have over a hundred billion in cash reserves a while back? This seems significantly low compared to what it used to be.

Mac revenue will be down next year but whenever they release the M3 on the 3nm node I think they’ll have another bumper year. Probably 2024.

Also Apple Glass is coming next year. I can see uptake on that being a lot quicker than Apple Watch but all depends on pricing, especially going into a global recession. If it’s over a $1000 it’ll flop. If it’s $500 it’ll do well.

Edit: looks like apples cash reserves peaked around 2019 at $107 billion dollars.

https://www.macrotrends.net/stocks/charts/AAPL/apple/cash-on...

Re: Apple Reports Fourth Quarter Results

#98

Post by beanjuiceII »

duped wrote: post #74
spaceman_2020 wrote: post #30

Earlier quoted context omitted.

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.

Almost every adult in the developed world needs a smart phone. They replace these devices about every 2-3 years. Apple makes one of the best in class of these devices, and has successfully designed one such that it's hard to switch to a competitor (rather it's easier to stay in the ecosystem). They've convinced about a billion people on the planet that the iPhone is the best device for them, so if you split that into…

When I get my new pixel, I just login and everything is there, I assume apple is same way? this seems common these days

Re: Apple Reports Fourth Quarter Results

#99

Post by actionfromafar »

tomcam wrote: post #47
chollida1 wrote: post #4

Numbers: - Q4 wearables of $9.6B, beats est byu close to $1B - Q4 Services Rev fo $19.2B short of Est by $800M - Q4 iphone Rev of $42.6B meets Est - Q4 ipad Rev of $7.2B, short of Est by $600M - Q4 Rev of $90.2B beats Est by $2B, that also means its up 8ish% YoY - Q4 Mac Revenue of $11.5B, beats by $2B, nice, forgot they make computers;) - China Rev of $15.5B, this is interesting, AAPL clearly has alot of China expos…

I will admit publicly this post is so terse yet comprehensive I am aggressively searching your history on this site for more nuggets like this one. UPDATE …and, not disappointed. World-class commentary. Not sure how PP flew under my radar so long.

Could easily be a SAAS

Re: Apple Reports Fourth Quarter Results

#100

Post by arberx »

chollida1 wrote: post #4

Numbers: - Q4 wearables of $9.6B, beats est byu close to $1B - Q4 Services Rev fo $19.2B short of Est by $800M - Q4 iphone Rev of $42.6B meets Est - Q4 ipad Rev of $7.2B, short of Est by $600M - Q4 Rev of $90.2B beats Est by $2B, that also means its up 8ish% YoY - Q4 Mac Revenue of $11.5B, beats by $2B, nice, forgot they make computers;) - China Rev of $15.5B, this is interesting, AAPL clearly has alot of China expos…

> AAPLE has $23B in cash, down 1/3 from this time last year. Mostly given back to investors. Probably nothing to worry about here:)

This is the lowest cash level since 2014. Actually, concerning going into potentially a recession.

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