New iPhone should be announced on September. Let's see what's going on.
Apple Reports Declining Profits and Slowing Growth Again
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Re: Apple Reports Declining Profits and Slowing Growth Again
#12Re: Apple Reports Declining Profits and Slowing Growth Again
#13Multiple factors I can think of, I'm sure there's more
* Competing brands with better hardware quality (Pixel's camera vs iPhone) * Competing brands with less opinionated design choices (headphone jacks, expandable storage, et all) * Highly specialized supply chains prevent flexibility in part choices/manufacturers (ex: designing custom screws for iMac chassis, rather than using off-the-shelf parts) * Unnecessary complexity in designs (The HDMI/lightning adapter is actually a computer that essentially runs a program in RAM) * Trade wars cooling relationships with everything from shippers * Walled garden of iMessage preventing soft user migration
Re: Apple Reports Declining Profits and Slowing Growth Again
#14Apple needs new sources of revenue. Anything marginal like cheaper iphone models won't cut it. I like the recent wave of acquisitions. Smart cars? Smart homes? Iterations of Apple Watch - deeper connection to the body itself? What's next for them?
Does there have to be something else? What are the implications of a company growing forever? In 500 years are there going to be only 3 companies because they acquired everything and nothing else makes products?
Re: Apple Reports Declining Profits and Slowing Growth Again
#15Apple needs new sources of revenue. Anything marginal like cheaper iphone models won't cut it. I like the recent wave of acquisitions. Smart cars? Smart homes? Iterations of Apple Watch - deeper connection to the body itself? What's next for them?
Maybe they can get some ideas from this short:
Re: Apple Reports Declining Profits and Slowing Growth Again
#16That iPhones were less than half their revenue, while still growing overall revenue, is a positive sign. Apple has done a good job of diversifying their revenue base over the last few years. It will be interesting to see how large wearables and services can become as revenue sources, I suspect they are still quite early in their growth.
Re: Apple Reports Declining Profits and Slowing Growth Again
#17Apple has been stagnant since Steve Jobs died. His momentum keeps the company moving forward, but they haven't had a fresh idea since he passed.
Except for AirPods, Apple Watch, .....
nobody wants those. AirPods are expensive, ugly earbuds that you have to recharge for some reason, and the watch is just a way for your phone to distract you more frequently.
Re: Apple Reports Declining Profits and Slowing Growth Again
#18Earlier quoted context omitted.
Both of which have had so-so reception. Certainly nothing like Jobs' industry-disruptive innovations.
How many times did steve jobs disrupt the industry?
iPod
iPhone
no disk drive
UNIX-based OS goes mainstream
first mainstream OS with a GUI
iMac - making PC's 'friendly'
iTunes - made it cool to pay for music again
To name a few.
Re: Apple Reports Declining Profits and Slowing Growth Again
#19Why would you link the NYTimes for a business article? They don't have a clue. These results are excellent (particularly wearables growth) and they guided Q3 revenues well ABOVE Sell side estimates. China decline rate improved dramatically to only -4% Y/Y.
Re: Apple Reports Declining Profits and Slowing Growth Again
#20This is how it did compared to expectations
EPS: $2.18 vs. $2.10 estimated by Refinitiv consensus estimates.
Revenue: $53.8 billion vs. $53.39B estimated by Refinitiv consensus estimates.
Q4 Revenue guidance: $61 billion to $64 billion versus $60.98 billion estimate by Refinitiv consensus estimates.
iPhone revenue: $25.99 billion vs. $26.31 billion estimated by FactSet.
Services revenue: $11.46 billion vs. $11.61 billion estimated by FactSet.