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Apple Reports Fourth Quarter Results

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Re: Apple Reports Fourth Quarter Results

#11

Post by sachingulaya »

giarc wrote: post #5
alttag wrote: post #4

Markets are hammering AAPL. Down $15 (about 3%) after-hours. https://www.google.com/finance?q=aapl

Is -3% really a "hammering"? I did 5 seconds of research and found Apple has closed with a >=2% loss 3x since July 25th. Sept 16 Sept 10 Sept 20 EDIT "5 second" was to emphasize I could be wrong, not to be a dick.

I'd add that it's colloquial. When a stock drops it's "getting hammered". Also, after hours is deceiving. NFLX was up 50pts after hours with their last earnings announcement. It dropped 80pts the next day.

Re: Apple Reports Fourth Quarter Results

#13

Post by encoderer »

recuter wrote: post #9
KaoruAoiShiho wrote: post #6

Damn net profit of 7.5billion is now lower than samsung's 8.13billion.

Keep in mind that Apple doesn't make aircraft carriers or nuclear power plants.

Also, a significant share of Apple's revenue (and profit) is in the Q4 holiday season. Far more so on a percentage basis than Samsung. So I'm not really sure what the OP was getting at? A more important comparison I think is margin.

Re: Apple Reports Fourth Quarter Results

#15

Post by ChuckMcM »

No way to hide this:

   2013: Revenue $37.5B, Profit $7.5B (20%)
   2012: Revenue $36.0B, Profit $8.2B (22%)
Loss of 2% net profit year over year. Just under a 5% drop per share on a diluted basis. So its becoming less profitable to be Apple which speaks to the margin pressure they are under from credible Android phones and tablets. I don't think the market expected that (or maybe they did, GOOG is trading over $1000 these days)

Re: Apple Reports Fourth Quarter Results

#16

Post by 300bps »

giarc wrote: post #5
alttag wrote: post #4

Markets are hammering AAPL. Down $15 (about 3%) after-hours. https://www.google.com/finance?q=aapl

Is -3% really a "hammering"? I did 5 seconds of research and found Apple has closed with a >=2% loss 3x since July 25th. Sept 16 Sept 10 Sept 20 EDIT "5 second" was to emphasize I could be wrong, not to be a dick.

Is -3% really a "hammering"

Doesn't sound like it when looking at the percentage. Apple had a market capitalization of $481,390,000,000 at the market close today. So 3% of that is $14,441,700,000. Seems more significant in whole numbers.

The real thing to consider is that every stock is much more thinly traded in after markets than it is during regular hours. For that reason, the few people trading during that time are typically not representative of the entire investment community.

Re: Apple Reports Fourth Quarter Results

#17

Post by mladenkovacevic »

recuter wrote: post #9
KaoruAoiShiho wrote: post #6

Damn net profit of 7.5billion is now lower than samsung's 8.13billion.

Keep in mind that Apple doesn't make aircraft carriers or nuclear power plants.

Samsung Electronics is only a subsidiary of Samsung Group which makes all those things. Samsung Electronics profits were $9.6 but that includes TVs and their semiconductor division. The actual mobile division had $6.3 in profits (about 20% growth from same time last year).

Re: Apple Reports Fourth Quarter Results

#18

Post by encoderer »

alttag wrote: post #4

Markets are hammering AAPL. Down $15 (about 3%) after-hours. https://www.google.com/finance?q=aapl

After Hours trading is volatile and not terribly important. Just last week you saw Netflix soar in AH trading and plummet almost instantly on open.

A 3% price move is nothing noteworthy, especially in AH trading. IMO the only seasoned way to view this is that the judgement of the markets of this ER is still pending.

Re: Apple Reports Fourth Quarter Results

#19

Post by bradly »

john_b wrote: post #7
giarc wrote: post #5

Earlier quoted context omitted.

Is -3% really a "hammering"? I did 5 seconds of research and found Apple has closed with a >=2% loss 3x since July 25th. Sept 16 Sept 10 Sept 20 EDIT "5 second" was to emphasize I could be wrong, not to be a dick.

+/-3% is a common benchmark for the market's definition of "big swing". There's nothing really formal about it, and it's a more accurate measure when applied to the market as a whole rather than individual stocks. For a company like AAPL which is famous for not providing a lot of detailed information to investors, it might not be a big swing. For a different company, say P&G, it might be a huge swing.

Actually, there is a formal measurement of a stocks volitiliy called it's beta.

http://en.wikipedia.org/wiki/Beta_(finance)

Re: Apple Reports Fourth Quarter Results

#20

Post by pbreit »

ChuckMcM wrote: post #15

No way to hide this: 2013: Revenue $37.5B, Profit $7.5B (20%) 2012: Revenue $36.0B, Profit $8.2B (22%) Loss of 2% net profit year over year. Just under a 5% drop per share on a diluted basis. So its becoming less profitable to be Apple which speaks to the margin pressure they are under from credible Android phones and tablets. I don't think the market expected that (or maybe they did, GOOG is trading over $1000 these…

Good. I'd much rather see more sales and lower margins.
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