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Apple reports second quarter results

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11–20 of 112 posts

Re: Apple reports second quarter results

#11

Short version: Reported quarterly revenue: ~$111 billion, so a 17% year-over-year increase. Diluted earnings per share: ~$2. 22% increase compared to the same quarter last year. Operating cash flow: surpassed $28 billion. Record for a March quarter. iPhone: Record March-quarter revenue of ~$57 billion, heavily supported by demand for the iPhone 17. Services: Hit an all-time high revenue record of ~$31 billion. Capita…

So hardware independent, they don’t even have any Mac minis, Mac pros or Mac studios in stock anymore

Re: Apple reports second quarter results

#12
post #4

Earlier quoted context omitted.

I am personally saddest to hear about the discontinuation of the Vision Pro - in a couple of generations there was a solid chance that it would be easy sell for me and/or other people who don't VR/AR game but probably would use it for media/productivity.

>I am personally saddest to hear about the discontinuation of the Vision Pro I'm more sad they cancelled their EV project. We need more healthy competition there than public spying VR ski goggles.

The competition would have been at the luxury end. Apple would have been competing with Mercedes, BMW and Cadillac, not with Hyundai and Kia.

Re: Apple reports second quarter results

#13
post #3
post #2

It seems to me that Apple is only going to be further increasing the number of price points and "levels" of caliber of devices, from budget/entry level all the way to new heights such as things like iPhone Ultra or Macbook Ultra, because services will be have an even wider net to cast into (If you're buying Ultra devices, you'll probably get AppleCare+, and if you have new apple devices such as the Neo or 17e etc, yo…

Focused on "simplicity", they used to have only a "tableful" of products. With more products, will Apple collapse under the weight of the complexity?

[deleted]

Re: Apple reports second quarter results

#14
post #11

Short version: Reported quarterly revenue: ~$111 billion, so a 17% year-over-year increase. Diluted earnings per share: ~$2. 22% increase compared to the same quarter last year. Operating cash flow: surpassed $28 billion. Record for a March quarter. iPhone: Record March-quarter revenue of ~$57 billion, heavily supported by demand for the iPhone 17. Services: Hit an all-time high revenue record of ~$31 billion. Capita…

So hardware independent, they don’t even have any Mac minis, Mac pros or Mac studios in stock anymore

This comment hits hard as I tried to buy a Mac Mini this morning and could not find one anywhere in Calgary

Re: Apple reports second quarter results

#15
All this while passing on the leap of faith everybody else is taking in the form of crazy AI investments.

If the bubble bursts, Apple with its mountain of cash will be ready to buy the carcasses of whatever is left.

Re: Apple reports second quarter results

#16
post #4
post #2

It seems to me that Apple is only going to be further increasing the number of price points and "levels" of caliber of devices, from budget/entry level all the way to new heights such as things like iPhone Ultra or Macbook Ultra, because services will be have an even wider net to cast into (If you're buying Ultra devices, you'll probably get AppleCare+, and if you have new apple devices such as the Neo or 17e etc, yo…

I am personally saddest to hear about the discontinuation of the Vision Pro - in a couple of generations there was a solid chance that it would be easy sell for me and/or other people who don't VR/AR game but probably would use it for media/productivity.

There's been nothing but rumors about that. I don't think it's getting canned.

Re: Apple reports second quarter results

#17
post #11

Short version: Reported quarterly revenue: ~$111 billion, so a 17% year-over-year increase. Diluted earnings per share: ~$2. 22% increase compared to the same quarter last year. Operating cash flow: surpassed $28 billion. Record for a March quarter. iPhone: Record March-quarter revenue of ~$57 billion, heavily supported by demand for the iPhone 17. Services: Hit an all-time high revenue record of ~$31 billion. Capita…

So hardware independent, they don’t even have any Mac minis, Mac pros or Mac studios in stock anymore

As a company, this is a great problem to have. Way better than the opposite.

Re: Apple reports second quarter results

#18
post #4

Earlier quoted context omitted.

I am personally saddest to hear about the discontinuation of the Vision Pro - in a couple of generations there was a solid chance that it would be easy sell for me and/or other people who don't VR/AR game but probably would use it for media/productivity.

>I am personally saddest to hear about the discontinuation of the Vision Pro I'm more sad they cancelled their EV project. We need more healthy competition there than public spying VR ski goggles.

There is tons of EV competition. 252 new EV models were announced at the Beijing Auto Show last week. Reviews of the Xiaomi SU7 2026 generally acknowledge it as best in class. etc.

Re: Apple reports second quarter results

#19
post #7

I subscribed to MacAddict in the mid-90s, back when Gil Amelio was Apple’s CEO, the company couldn’t ship software (Copland, Dylan, Gershwin, etc.), & they could barely afford to acquire NeXT. It still blows my mind that this is the same company.

The joke is that NeXT acquired Apple and got paid to do it.

There’s a lot of truth to it. A huge amount of the software stack is inherited from NeXT. Steve Jobs was inherited from NeXT. Modern Apple is vastly more successful than NeXT ever was, but there’s a lot of continuity there as well.

Re: Apple reports second quarter results

#20
post #3
post #2

It seems to me that Apple is only going to be further increasing the number of price points and "levels" of caliber of devices, from budget/entry level all the way to new heights such as things like iPhone Ultra or Macbook Ultra, because services will be have an even wider net to cast into (If you're buying Ultra devices, you'll probably get AppleCare+, and if you have new apple devices such as the Neo or 17e etc, yo…

Focused on "simplicity", they used to have only a "tableful" of products. With more products, will Apple collapse under the weight of the complexity?

There is a difference between 5 B revenue and 400 B revenue.

Also the price point shifted from primarily a 2K machine, to all price ranges, with the original iPhone being a few hundred bucks. More sales smaller units so the number of products being sold is more than it appears based on the revenue comparison.

Maybe the price per unit is available somewhere for people to trend how it changed over 2-3 decades.

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