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Apple Reports Declining Profits and Slowing Growth Again

nytimes.com

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Re: Apple Reports Declining Profits and Slowing Growth Again

#31

Post by mr_crankypants »

izzydata wrote: post #14
immichaelwang wrote: post #2

Apple 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?

It seems that the endgame we're unwittingly asking for is WALL-E.

Re: Apple Reports Declining Profits and Slowing Growth Again

#32

Post by S_A_P »

I have thought long and hard about upgrading my iPhone 8 to one of the new X models, but I don't like the lack of a home button. I guess I am officially old now, but I dont want to look at my phone to unlock it. I like that I can reach in my pocket, and unlock it with my thumb as I retrieve it. It may be user error, but I see several co-workers have to really train the phone on their face to unlock with Face ID. That would drive me nuts. the swipe up gesture just seems annoying, and on my iPhone 8 is unreliable to bring up the control panel. they need to do what they did before and copy the other vendors that put the fingerprint reader on the back of the phone so that the nice bezel free design can be implemented.

Re: Apple Reports Declining Profits and Slowing Growth Again

#33

Post by 40acres »

I believe that Apple’s next big thing will come in the form of AR consumer hardware and a detached Watch. Recent expansions of their chip design org and acquisition of Intel’s modem business reinforce my confidence in their execution, iPhones are still big business and services are rising. There is little reason to doubt that Apple has more than enough resources to take it through until the next breakthrough.

Re: Apple Reports Declining Profits and Slowing Growth Again

#34

Post by onemoresoop »

jes5199 wrote: post #17
sxcurry wrote: post #7

Earlier quoted context omitted.

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.

I'm also part of the nobody group, never buy the latest because I am frugal with my earnings. But I've noticed lots and lots of people with AirPods, latest Iphones, etc. I think you're underestimating the status value that Apple has managed to create for themselves. A large number of people view Apple as a status symbol.

Re: Apple Reports Declining Profits and Slowing Growth Again

#35

Post by reilly3000 »

I'm bullish on AAPL because of their planned services. Anything they roll out has a gigantic audience and will have immediate revenue impact. They have a tremendous bully-pulpit inside their users devices, incomparable email lists, and a habit of making TV commercials people like to watch. The fact that they are adding 4 lines of business (banking, ad-free gaming, news, and streaming) is going to sustain double-digit, high-margin growth for the foreseeable future.

If I had money play with I would buy after this earnings report dropped; but it looks like the stock price isn't getting beat up.

Re: Apple Reports Declining Profits and Slowing Growth Again

#36

Post by threeseed »

immichaelwang wrote: post #2

Apple 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?

Services, AR Glasses and the Apple Car.

Apple Arcade looks surprisingly interesting given they will support PS4/XBox controllers and the trend moves towards streaming gaming. AppleTV+ will do well if they can intelligently bundle it with Apple Music and you never know could have a breakout hit.

AR Glasses and the Apple Car are clearly being worked on given acquisitions but both are many years out.

Re: Apple Reports Declining Profits and Slowing Growth Again

#37

Post by Areading314 »

S_A_P wrote: post #32

I have thought long and hard about upgrading my iPhone 8 to one of the new X models, but I don't like the lack of a home button. I guess I am officially old now, but I dont want to look at my phone to unlock it. I like that I can reach in my pocket, and unlock it with my thumb as I retrieve it. It may be user error, but I see several co-workers have to really train the phone on their face to unlock with Face ID. That…

It's fine. At least on the new Galaxy phones, the haptic feedback works almost like its a real button (and I'm assuming it's similar on the iphone).

Re: Apple Reports Declining Profits and Slowing Growth Again

#38

Post by Roboprog »

jes5199 wrote: post #17
sxcurry wrote: post #7

Earlier quoted context omitted.

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.

AirPods sound like a PITA to me. Oops,time to charge them again- no wait, I just dropped one and it bounced into the gutter/ drain. I should I charge the one I can still find, or throw it away, too?

No thanks.

Regular corded earbuds are a tolerable pocket size alternative to a set of studio cans, but that’s as far as I would go. I miss the old Walkman style headsets that had decent size drivers, but still fit into a backpack or jacket pocket.

Re: Apple Reports Declining Profits and Slowing Growth Again

#39

Post by mffnbs »

peaktechisnow wrote: post #19

Why 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.

I thought this headline sounded overly pessimistic when seeing it after actually reading the report...

Re: Apple Reports Declining Profits and Slowing Growth Again

#40

Post by KSS42 »

jes5199 wrote: post #17
sxcurry wrote: post #7

Earlier quoted context omitted.

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.

Wearables, Home and Accessories category had quarterly sales of $5.5B.

That's a lot of nobodies.

(compared to Mac $5.8B, iPad $5.0B)

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