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Apple Reports Fourth Quarter Results

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Re: Apple Reports Fourth Quarter Results

#131
post #96

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 Glas…

I thought TSMC is taking 3nm to volume production starting Q4 22/Q1 23. Why would the 3nm mac processor be on hold until 2024?

Re: Apple Reports Fourth Quarter Results

#132
post #47

Earlier quoted context omitted.

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

There are a few big ones out there. For example, one of them made Mike Bloomberg a billionaire.

Re: Apple Reports Fourth Quarter Results

#133
post #2

Well now I'm a bit less happy about them putting up the prices on services the other day.

Are you okay with more money going to content creators?

From https://9to5mac.com/2022/10/24/apple-music-tv-prices-going-u...:

Apple said the increase in Apple Music subscription price was due to increased licensing costs. The company said artists and songwriters will earn more per stream as a result of the pricing tier changes. Regarding Apple TV+, the company said the increased price reflects the growing catalog of original TV shows and movies:

Re: Apple Reports Fourth Quarter Results

#134
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.

Apple designs the products it sells tho. Walmart is more like a curated marketplace... Can't really compare these streams of revenue.

Re: Apple Reports Fourth Quarter Results

#135
post #119

Earlier quoted context omitted.

It is, but it didn’t used to be. Way back at the dawn of the smartphone era I was working in consumer telco here in Aus, and half of my day was spent making sure people kept their data between phones. Even going from one android phone to another wasn’t a great guarantee, and for iPhones we used to have a computer to take a backup via the 30-pin. These days cloud backups and the like make it pretty simple on both oper…

I’ve had an iPhone since the original 4G. It’s always been an easy transfer. I have voice memos that have migrated since that very first one.

The other day I thought of that... I was wondering if there would be people walking around with an iPhone 14 with photos taken with the camera of an iPhone 1st gen which they transferred every time they upgraded.

Re: Apple Reports Fourth Quarter Results

#136
post #48

Earlier quoted context omitted.

There's an argument to be made for one or all of Microsoft, Tesla, and Google to be included in there (I'm not calling them Alphabet and I'm not calling Facebook Meta I don't care how much you pay me).

If only one of the company names started with the letter E, then we could make the meta-joke of META standing for Meta, E*, Tesla, Alphabet.

E Corp

Re: Apple Reports Fourth Quarter Results

#137
post #112

Earlier quoted context omitted.

> If it’s over a $1000 it’ll flop. If it’s $500 it’ll do well. I think we'll have to wait to see what the capabilities are. If it can replace an iPhone, $1000 would be incredible. $500 is only double the price of AirPods Pro, so functionality would have to be pretty limited.

Maybe, but Apple Watch was a device you could buy on day one and be pretty confident in - at least in terms of what you were getting and that it would work for what it is. Apple Glass at $1k is not something I could buy day one even if I really liked the promo video. I'd need to see some reviews after weeks and how well the first version works before jumping in - I imagine a lot of people would feel that way - becaus…

[deleted]

Re: Apple Reports Fourth Quarter Results

#138
post #87
post #7

Earlier quoted context omitted.

So Apple Watch and AirPods is almost as big a business as the Mac. Wow, I didn’t realize that. Quite a vindication of Tim Cook’s decade at the helm.

> Quite a vindication of Tim Cook’s decade at the helm. Agreed, if all you care about is Apple getting richer, he's done an outstanding job.

And making the best Macs of all time (and best laptops in the industry), and the best wireless headphones, and the phone with the biggest market share (one measure of best).

I think Tim Cook’s Apple is doing very well

Re: Apple Reports Fourth Quarter Results

#140
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 can't imagine anything else ever topping it ...

In 2500 (say) this will probably seem like a very funny statement (because some amazing developments we can barely imagine will surely come along and be monetized to an extent we can also barely imagine).

Either that or you're right which would be very bad news for humanity (think the great filter).

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