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Apple Reports Second Quarter Results

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Re: Apple Reports Second Quarter Results

#111

Earlier quoted context omitted.

https://www.investopedia.com/terms/f/fiscalyear.asp

I'm not sure what I'm supposed to take away from that. I'm well aware a fiscal year doesn't need to match a calendar year, but I've never heard of a company starting prior to the calendar year, and usually it's at least month-aligned. (Almost sort of one of those "assumptions programmers make about time" article bullets…) Like, given that the fiscal year doesn't have to match the calendar year, why not slip some leap…

It’s actually very common among enterprise software companies

Re: Apple Reports Second Quarter Results

#112

I’m not surprised that the iPad has a decline. My son has a few year old 9.7” iPad and it works great still. Consume media very easily and even have games. I can notice the difference between it and my 2018 iPad Pro but I could see people are just not going buy new ones every year or two. I’d like the M1 iPad Pro but it’s not worth the jump in price.

Outside niche games that require performance, there is just no reason to upgrade a dumb media device.

Re: Apple Reports Second Quarter Results

#113
post #66

And yet, the stock goes down. Market expectation is truly unpredictable. FB missed revenue expectation and went up.

Because of something called P/E ratio

That has about as much to do with earnings as a coin flip. If it was entirely that everyone would just buy based on P/E. and since that’s a public number all stocks would be predictable. Instead we have TSLA at 128 P/E and AAPL at 28 P/E, MDB is at 9 P/E and was -2 a few months ago. None of that makes sense it’s purely speculation. I’ve seen stocks completely miss and fly off good guidance. And stocks beat by a lot and sell off because there is no volume.

Re: Apple Reports Second Quarter Results

#114

Earlier quoted context omitted.

The most compelling use case I've seen yet for the iPad is for regular people who don't want a desktop or laptop computer, but don't want to do everything on their phone. The iPad is just a really big smartphone that with a folio keyboard can become an impromptu laptop if needed. In my extended family I have a few people who are using it for this exact use case and love it. Only one of them even has the keyboard, and…

Another great use for the iPad is for sheet music. IME it is better than paper and much, much, much better than trying to use an iPhone or PC (which I've done sporadically).

Niche use case, but totally agreed. I was holding onto paper sheet music for the longest time, but no desire to even look back after switching to iPad for that purpose.

It helps that the app I use easily integrates with any cloud storage you would want to use, so I can easily just get sheet music using any personal device and just drop it into my cloud folder. And the next time I sit down at the piano, all those sheets are already there.

Re: Apple Reports Second Quarter Results

#115
post #6

I am simply amazed by how much money this company makes. Nice boost to Mac business with the new Macbook Pros selling like hotcakes and OOS constantly.

They are worth it. Nearly every complaint was addressed in the new MacBooks Pros and I feel like its a return to form for the company. The only downsides I can really see is that Wifi on the laptop should have been 6E and the SD Card should have been SD Express but it seems like it was that way due to the length it took being engineered (which isn't an excuse).

It's actually better than "return to form", for once Apple has embraced 'form follows function' with more ports (even 'legacy' HDMI), magsafe power, and a chunky body, rather than function fit into form.

Re: Apple Reports Second Quarter Results

#117

I’m not surprised that the iPad has a decline. My son has a few year old 9.7” iPad and it works great still. Consume media very easily and even have games. I can notice the difference between it and my 2018 iPad Pro but I could see people are just not going buy new ones every year or two. I’d like the M1 iPad Pro but it’s not worth the jump in price.

Apple Pencil! iPad with procreate is bread and butter. It was what got me to go for the pro.

The 2018 iPad 6th gen is also compatible with the Apple Pencil :)

Re: Apple Reports Second Quarter Results

#119
post #116

Net sales: $97 billion Operating income: $30 billion Net income: $25 billion Net sales by category in millions - iPhone : $50,570 Mac: $10,435 iPad: $7,646 Wearables, Home and Accessories: $8,806 Services: $19,821

Services at 40% of iPhone revenue is pretty amazing.

Re: Apple Reports Second Quarter Results

#120
post #6

I am simply amazed by how much money this company makes. Nice boost to Mac business with the new Macbook Pros selling like hotcakes and OOS constantly.

am I alone in appreciating the touch bar? I just love being able to press debug, step over and into code, switch to a different window and be able to quickly access context aware functionality. Oh and its so damn quiet and fast, I'm loving the M1 processor downside are the two usb-c and the endless accessories that are quite expensive

I had a touchbar mac since it came out and i probably touched the touchbar around 3 times
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