I would pay lots of money for an Apple Bluetooth Mechanical keyboard. Like $300+ easily if it's good.
I'd expect Porsche to put out a minivan first.
They put out a SUV, and all the laughing didn't stop it or purchases.
Apple Reports Declining Profits and Slowing Growth Again
131–140 of 527 posts
Re: Apple Reports Declining Profits and Slowing Growth Again
#132Apple: Revenue Growth 1% (quarterly) Huawei: Revenue Growth 23.2% (half-yearly) Apple: Revenue ~$258 billion Huawei: Revenue ~$105 billion Apple: R&D $14 billion[0] Huawei: R&D $15 billion[1] Apple: Employee Count ~132,000 Huawei: Employee Count ~188,000† --- I'm going to take an unusual step here. Please, please don't downvote this post for pointing this out! I'm just highlighting for contrast, not for criticism. Tr…
What fraction of Huawei's employees work on mobile phones?
No idea. Good question.
Re: Apple Reports Declining Profits and Slowing Growth Again
#133Earlier quoted context omitted.
Why not? They can spend their money however they want, but Wall Street demands endless share buybacks over everything else. Do you think there is any downside to just transferring wealth to the (already rich) shareholders over and over and over again? Seems to be their top priority nowadays.
There’s a really obvious ceiling to R&D. I can spend a trillion dollars and hire a million engineers but that won’t build me a time machine or a perpetual motion device.
Until they make up a significant percentage of global R&D spending they could increase it while spending money on useful things.
Re: Apple Reports Declining Profits and Slowing Growth Again
#134That 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.
Still, the company hasn't released an innovative hardware product since 2008. That's a long time for them. If Apple can't innovate anymore, regardless of whether they have continued financial success, are they still really Apple?
So who is releasing “innovative hardware”?
But to your point, since 2008:
- Mac revenue has grown
- iPad was introduced and by itself its revenue and more than likely profit is something that any company would kill for.
- the Apple Watch was introduced and all indications it’s bigger than the iPod ever was.
Re: Apple Reports Declining Profits and Slowing Growth Again
#135Earlier quoted context omitted.
These estimates are amazingly accurate or is my amazement inappropriate?
The number of human man hours invested into that guidance number is vast. As accurate as that number is (and for what it is), people are going to make and lose a lot of money even still. Basically I’m saying — check your amazement because it’s amazement all the way down.
"check your amazement because it’s amazement all the way down"
I like that sentence a lot.
Re: Apple Reports Declining Profits and Slowing Growth Again
#136At these valuations Apple makes sense only when seen as an alternative to other investments. S&P 500 as a whole has P/S ratio that indicates lower return of investment for the next decade. At least Apple will be able to make profits.
Every investment is an alternative to another investment...
Re: Apple Reports Declining Profits and Slowing Growth Again
#137Earlier quoted context omitted.
Ignoring the Apple Watch, which dominates the category and is a clear success.
Fair, but the Apple Watch has largely been an iPhone accessory rather than a standalone product. You could also point to AirPods. They sold a lot of them because a lot of people had iPhones. But neither is anything like the iPhone or the Mac in terms of defining a product category. Eventually, the Apple Watch is just going to be an iPhone on your wrist. More of a derivative, like the iPad.
So what “category defining” successful electronic product has any company introduced since 2008?
Re: Apple Reports Declining Profits and Slowing Growth Again
#138Earlier quoted context omitted.
There’s a really obvious ceiling to R&D. I can spend a trillion dollars and hire a million engineers but that won’t build me a time machine or a perpetual motion device.
Until they make up a significant percentage of global R&D spending they could increase it while spending money on useful things.
Like what?
Re: Apple Reports Declining Profits and Slowing Growth Again
#139Earlier quoted context omitted.
Ignoring the Apple Watch, which dominates the category and is a clear success.
Fair, but the Apple Watch has largely been an iPhone accessory rather than a standalone product. You could also point to AirPods. They sold a lot of them because a lot of people had iPhones. But neither is anything like the iPhone or the Mac in terms of defining a product category. Eventually, the Apple Watch is just going to be an iPhone on your wrist. More of a derivative, like the iPad.
The iPod started off as a Mac accessory and ended up transforming multiple industries.
The iPhone was a Mac derivative and computer accessory that required iTunes to even work but became the most successful product in all of human history. You could call it just a ‘mac in your pocket’ but it would still be the most successful products
The watch is on a similar trajectory.
Re: Apple Reports Declining Profits and Slowing Growth Again
#140And the stock increased over 4% in after-hours trading, as increases in non-iPhone hardware sales and services overcame the decrease in iPhone sales. Earnings per share slightly beat the consensus forecast. An interesting quote from Cook in the press release: "The balance of calendar 2019 will be an exciting period, with major launches on all of our platforms, new services and several new products"
Yet another lesson that stock pricing is about predicting the future, not reacting to quarterly reports.
Of course, but also quarterly reports help you predict the future.