Apple Reports Third Quarter Results • Hacker News Board

Re: Apple Reports Third Quarter Results

#11

Post by mladenkovacevic » Tue, Jul 24, 2012, 9:09 PM UTC

I guess this week would be a good time to buy some AAPL and wait for the iPhone 5 frenzy.

Re: Apple Reports Third Quarter Results

#12

Post by ceejayoz » Tue, Jul 24, 2012, 9:11 PM UTC

swalsh wrote: post #10

asdfdsa1234 wrote: post #9

Gross revenue and margin rose. Slow iPhone sales were the only weak spot in the report, which is unsurprising given the age of the current model.

The current model is less then a year old, I think the problem is people are waiting for 4g.

With iPhones, "less than a year old" means "the new one's about to come out". My two year plan expired a few months back and I'm holding out for iPhone 5, and I suspect a lot of iPhone 4 purchasers are in the same boat.

Re: Apple Reports Third Quarter Results

#13

Post by smackfu » Tue, Jul 24, 2012, 9:13 PM UTC

_delirium wrote: post #7

smackfu wrote: post #3

Down 5% in after hours trading, although not sure if that is before or after results.

Looks like after, due to being lower than the average analyst expectations... had been predicting $37b revenue, vs. actual report of $35b.

They also missed the EPS by a dollar ($9.32 vs $10.35)

Re: Apple Reports Third Quarter Results

#14

Post by jpxxx » Tue, Jul 24, 2012, 9:28 PM UTC

TL;DR: Exceeded guidance, no blowout.

Mac sales are static, overall iPhone sales softening as the lineup ages, iPads surging, iPod continues to dwindle, miscellaneous sales remain miscellaneous.

+ stock buyback next year + dividends being issued as expected + China sales exploding

So: a quiet quarter. New Mac OS released tomorrow. Yay!

Re: Apple Reports Third Quarter Results

#15

Post by wiredfool » Tue, Jul 24, 2012, 9:28 PM UTC

ceejayoz wrote: post #12

swalsh wrote: post #10

Earlier quoted context omitted.

The current model is less then a year old, I think the problem is people are waiting for 4g.

With iPhones, "less than a year old" means "the new one's about to come out". My two year plan expired a few months back and I'm holding out for iPhone 5, and I suspect a lot of iPhone 4 purchasers are in the same boat.

AT&T was showing some slightly better results this quarter because they were showing fewer people with smartphones upgrading.

Re: Apple Reports Third Quarter Results

#16

Post by heretohelp » Tue, Jul 24, 2012, 9:29 PM UTC

ceejayoz wrote: post #12

swalsh wrote: post #10

Earlier quoted context omitted.

The current model is less then a year old, I think the problem is people are waiting for 4g.

With iPhones, "less than a year old" means "the new one's about to come out". My two year plan expired a few months back and I'm holding out for iPhone 5, and I suspect a lot of iPhone 4 purchasers are in the same boat.

>I'm holding out for iPhone 5, and I suspect a lot of iPhone 4 purchasers are in the same boat.

Yep. Hi. *waves from a 3g-only Verizon iPhone 4 :(

Re: Apple Reports Third Quarter Results

#17

Post by [deleted] » Tue, Jul 24, 2012, 9:51 PM UTC

goatforce5 wrote: post #8

Oh... also buried in the release - Mountain Lion is released tomorrow: "We've also just updated the entire MacBook line, will release Mountain Lion tomorrow and will be launching iOS 6 this Fall. We are also really looking forward to the amazing new products we've got in the pipeline."

[deleted]

Re: Apple Reports Third Quarter Results

#18

Post by Steko » Tue, Jul 24, 2012, 9:53 PM UTC

From Jacqui Cheng's liveblog of the call on ars:

Q: Can you talk about what your conversations are like with carriers in terms of pricing, subsidies, etc.?

Tim Cook: (laughing out loud)

I don't want to talk about specifics with carriers, but generally I'd say our role is to make the very best smartphone in the world that has an incredible user experience that's far superior than anything else, that customers want to use every day at the end of the day, carriers want to provide what customers want to buy the most important thing for Apple is to continue making the best products in the world. we are maniacally focused on it

Re: Apple Reports Third Quarter Results

#19

Post by zcvosdfdgj » Tue, Jul 24, 2012, 10:09 PM UTC

heretohelp wrote: post #16

ceejayoz wrote: post #12

Earlier quoted context omitted.

With iPhones, "less than a year old" means "the new one's about to come out". My two year plan expired a few months back and I'm holding out for iPhone 5, and I suspect a lot of iPhone 4 purchasers are in the same boat.

>I'm holding out for iPhone 5, and I suspect a lot of iPhone 4 purchasers are in the same boat. Yep. Hi. *waves from a 3g-only Verizon iPhone 4 :(

aww... I'm holding an ATT iPhone 4s that says "4g". Maybe Verizon should make the appropriate payment to Apple for an "upgrade"? http://www.pcmag.com/article2/0,2817,2401422,00.asp

Re: Apple Reports Third Quarter Results

#20

Post by CamperBob2 » Tue, Jul 24, 2012, 10:30 PM UTC

swalsh wrote: post #10

asdfdsa1234 wrote: post #9

Gross revenue and margin rose. Slow iPhone sales were the only weak spot in the report, which is unsurprising given the age of the current model.

The current model is less then a year old, I think the problem is people are waiting for 4g.

Not really, as it's only a minor refresh of the original iPhone 4 from most users' point of view.