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Apple Reports First Quarter Results

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61–70 of 105 posts

Re: Apple Reports First Quarter Results

#61
post #31

The magic paragraph: The Company sold 51 million iPhones, an all-time quarterly record, compared to 47.8 million in the year-ago quarter. Apple also sold 26 million iPads during the quarter, also an all-time quarterly record, compared to 22.9 million in the year-ago quarter. The Company sold 4.8 million Macs, compared to 4.1 million in the year-ago quarter. If I were to play armchair quarterback, I'd say that iPhones…

I wouldn't. People have caught on that if they wait another 8 months, they'll have two new iPhones to choose from. ;-)

To be contrasted with Android, where they only need to wait a couple of weeks for their brand new phone to be "old". Apple buyers really have a raw deal, getting to enjoy having the latest phone for a whole year.

Re: Apple Reports First Quarter Results

#62
Wow, investors aren't liking these numbers.

The reason I recently purchased Apple stock is that I foresee a large number of users coming on board once Apple launches a larger screen size for their iPhone line up. That's the main reason I can't use an iPhone.

Re: Apple Reports First Quarter Results

#63

Earlier quoted context omitted.

> could trivially be solved I'm going to guess you're neither a computer hardware nor a battery engineer.

I meant solved by making the battery replaceable, even if as a service of AppleCare or whatever if not the end-consumer. See: Teslas, which have to live by the same rules as everyone else when it comes to battery life issues but whose solution isn't 'throw your car out when it won't hold a charge anymore'.

Solved like with http://www.apple.com/batteries/replacements.html or http://www.apple.com/de/batteries/replacements.html (Germany) or http://www.apple.com/au/batteries/replacements.html (Australia)?

Re: Apple Reports First Quarter Results

#64

Phones and tablets are very close to the point that desktop/laptops got to a few years back where unless there is some major disruptive technology introduced (eg. batteries with 100%+ efficiency over current ones) on top of them the one you bought this year is pretty much good enough to keep for the next many years, until it breaks somehow. There will still be a market of ultra-fashion-conscious buyers who really nee…

It's funny. Every year, since 2007 I've heard this argument, that the market isn't big enough and every year: record growth and profits. No but seriously. This year is the year that Apple's iPhone success catches up to them.

"Apple's iPhone business is finally going to fail this year" is the new "this is the year of the Linux desktop"

Re: Apple Reports First Quarter Results

#65
post #56
post #41

Earlier quoted context omitted.

That's not how shorting works. You short the stock and NOW YOU HAVE THE MONEY but you OWE the stock to whomever you borrowed it from. If the stock goes up, you lose. If it goes down, you use the cash you have to buy it back and keep the rest.

Yeah but you can't short anything without a margin balance. So for a retail account you need something like $100 in margin balance for every $300 of the short position. You can't open a trading account with zero balance and just start short selling things to raise cash.

Of course not, but it's trivial to create a synthetic short position with an almost zero cash balance. Not EXACTLY zero, but close enough.

e.g. short a low beta stock, hedge that position, short the higher beta stock, and hedge that position.

Re: Apple Reports First Quarter Results

#66
post #18
post #4

Apple after hours are down 6%. Analyst do not like the short term stock growth prospects.

Analysts were all totally bullish - http://www.washingtonpost.com/business/technology/apple-shar... and http://appleinsider.com/articles/14/01/27/earnings-preview-w... and any result older than the last hour for 'Apple earnings' on Google. The iPhone numbers missed expectation, and as Apple's main product it didn't look good. http://www.businessinsider.com/apple-q1-earnings-2014-1 EPS, Mac and iPad all did well.

I agree with Gruber that the "missed expectations" expression is misleading.

Analysts' expectations were not in line with reality. The iPhone numbers are what they are, irrespective of incompetent analysis.

A fairer way to state this would be that analysts, as usual, were over-optimistic and this optimism caused a lot of investors to be overly optimistic too, which caused an over-inflated share price, now corrected.

Re: Apple Reports First Quarter Results

#67

Phones and tablets are very close to the point that desktop/laptops got to a few years back where unless there is some major disruptive technology introduced (eg. batteries with 100%+ efficiency over current ones) on top of them the one you bought this year is pretty much good enough to keep for the next many years, until it breaks somehow. There will still be a market of ultra-fashion-conscious buyers who really nee…

I think mobile software has a long way to go, and hardware performance will drive quite a bit of upgrading for years to come. Two areas off the top of my head: moving more voice recognition and "smarts" onto the client to speed things up, and better and better gaming.

Non-replaceable naturally create refresh points for mobile devices, in a way they don't even with laptops. I have a Macbook Pro from 2009 with a totally dead battery, but it doesn't matter since I most use it at home, where it's easy to keep it plugged in. That doesn't work with a phone or tablet.

Re: Apple Reports First Quarter Results

#68

Earlier quoted context omitted.

> could trivially be solved I'm going to guess you're neither a computer hardware nor a battery engineer.

I meant solved by making the battery replaceable, even if as a service of AppleCare or whatever if not the end-consumer. See: Teslas, which have to live by the same rules as everyone else when it comes to battery life issues but whose solution isn't 'throw your car out when it won't hold a charge anymore'.

The battery is replaceable under AppleCare or for a $109.77 +tax after warranty/AppleCare+ expires:

http://www.apple.com/ca/batteries/replacements.html

Re: Apple Reports First Quarter Results

#69

Phones and tablets are very close to the point that desktop/laptops got to a few years back where unless there is some major disruptive technology introduced (eg. batteries with 100%+ efficiency over current ones) on top of them the one you bought this year is pretty much good enough to keep for the next many years, until it breaks somehow. There will still be a market of ultra-fashion-conscious buyers who really nee…

It's funny. Every year, since 2007 I've heard this argument, that the market isn't big enough and every year: record growth and profits. No but seriously. This year is the year that Apple's iPhone success catches up to them. "Apple's iPhone business is finally going to fail this year" is the new " this is the year of the Linux desktop"

Are we looking at the same financial results? Year-after-year, Apple has had double-digit % growth in both revenue and income (often 50%+).

This latest quarter, revenue has grown 5.7% and income per diluted share 5.0%. This could actually be the end of limitless growth.

Re: Apple Reports First Quarter Results

#70
post #20
post #8

Earlier quoted context omitted.

We'll undoubtedly see some sort of fall for samsung. Apple is releasing larger screen iPhones, android competitors in every market are becoming more aggressive , etc.

Kinda ironic if apple does increase sales with bigger screen, because it means apple is a follower, not a leader.

Doing something at the correct time to defeat a competitor doesn't make you a follower. It means you understand the market better.
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