Apple Reports Fourth Quarter Results • Hacker News Board

Re: Apple Reports Fourth Quarter Results

#41

Post by nekoashide » Thu, Oct 27, 2022, 9:09 PM UTC

pavlov wrote: post #7

chollida1 wrote: post #4

Numbers: - Q4 wearables of $9.6B, beats est byu close to $1B - Q4 Services Rev fo $19.2B short of Est by $800M - Q4 iphone Rev of $42.6B meets Est - Q4 ipad Rev of $7.2B, short of Est by $600M - Q4 Rev of $90.2B beats Est by $2B, that also means its up 8ish% YoY - Q4 Mac Revenue of $11.5B, beats by $2B, nice, forgot they make computers;) - China Rev of $15.5B, this is interesting, AAPL clearly has alot of China expos…

So Apple Watch and AirPods is almost as big a business as the Mac. Wow, I didn’t realize that. Quite a vindication of Tim Cook’s decade at the helm.

To the regular consumer both of those things are tied to the same ecosystem as the iPhone and people want to be seen in public with the latest gadgets. I'm not sure people feel that way about buying a new Mac.

Re: Apple Reports Fourth Quarter Results

#42

Post by brookst » Thu, Oct 27, 2022, 9:10 PM UTC

philjohn wrote: post #9

drcongo wrote: post #2

Well now I'm a bit less happy about them putting up the prices on services the other day.

Well how else are they going to keep growing if they don't extract ever increasing rents? Realistically they've [1]plateau'd in market penetration for mobile phones, so their push into advertising, jacking up costs for established services is really MBA 101. [1] https://www.businessofapps.com/data/apple-statistics/

MBA 102 says you always maximize profits. You don't set a goal and then diversify when existing revenue streams plateau, you seek new revenue streams all the time.

And I don't think iPhone has plateaued anyway. Worldwide, iOS market share has gone from 20% to 28% in the past five years[1]. Apple is working hard to accelerate that growth. They may or may not succeed, but it would take an MBA 101 dropout to accept a 28% market share plateau.

[1] https://gs.statcounter.com/os-market-share/mobile/worldwide/...

Re: Apple Reports Fourth Quarter Results

#43

Post by bergenty » Thu, Oct 27, 2022, 9:10 PM UTC

chollida1 wrote: post #4

Numbers: - Q4 wearables of $9.6B, beats est byu close to $1B - Q4 Services Rev fo $19.2B short of Est by $800M - Q4 iphone Rev of $42.6B meets Est - Q4 ipad Rev of $7.2B, short of Est by $600M - Q4 Rev of $90.2B beats Est by $2B, that also means its up 8ish% YoY - Q4 Mac Revenue of $11.5B, beats by $2B, nice, forgot they make computers;) - China Rev of $15.5B, this is interesting, AAPL clearly has alot of China expos…

What a company.

Re: Apple Reports Fourth Quarter Results

#44

Post by chollida1 » Thu, Oct 27, 2022, 9:10 PM UTC

such12 wrote: post #29

chollida1 wrote: post #17

Earlier quoted context omitted.

Somewhat, they are typically generated by the analysts whose job it is to follow the company. However, Those analysts typically get their numbers in large part by talking to the investor relations/CFO of these companies so the estimates are usually pretty good.

Apple has declined to provide guidance for some time now.

somewhat.

They still provide some guidance on numbers both magnitude and direction, but don't release actual estimates.

I'm confused now.

You claimed to not really understand who makes these estimates and have no knowledge about how they are formed but it sounds like you do know a tiny bit about guidance?

I mean you literally asked how these estimates were created?

Re: Apple Reports Fourth Quarter Results

#45

Post by dilap » Thu, Oct 27, 2022, 9:11 PM UTC

pavlov wrote: post #19

leokennis wrote: post #13

Earlier quoted context omitted.

Don’t forget Tim Cook also brought you crummy gambling ads next to gambling addiction recovery apps on your $1500 phone.

Only if you open the App Store… Which I practically never do. The apps on my phone have been essentially the same for years. If I ever install something, it’s probably through a web link or QR code that goes straight to the right app. The App Store is clearly a big wasted opportunity. 12 years ago I was actually eager to find new apps there. Why did Apple let it become a slum?

Yeah, it's pretty incredible wasted opportunity. I think maybe 5ish or so years ago they did a big revamp which shifted the focus to obviously coordinated promos of big company stuff, and a more, I don't know, fluff editorial format, and it just become completely uninteresting as a discovery vector.

It's absolutely outrageous that they run confusing ads next to search results -- probably millions of people getting confused and having a bad outcome because of that. Just straight up selling out a good user-experience for $. Shameful.

Re: Apple Reports Fourth Quarter Results

#46

Post by procinct » Thu, Oct 27, 2022, 9:11 PM UTC

SoftTalker wrote: post #21

retskrad wrote: post #15

Holy moly, the Mac keeps growing like crazy. It’s amusing how Apple wanted the iPad to disrupt the Mac but the advent of M-Series chips on the Mac has really nipped that ambition in the bud.

It's amazing. I sometimes wonder what value these people see in this stuff. I guess I just "think different" as nothing that Apple offers is compelling to me in the slightest way. Yet one can't deny the reality.

For me, having a really fast laptop with a battery that lasts over a day is pretty great value compared to other laptops on the market.

Re: Apple Reports Fourth Quarter Results

#47

Post by tomcam » Thu, Oct 27, 2022, 9:12 PM UTC

chollida1 wrote: post #4

Numbers: - Q4 wearables of $9.6B, beats est byu close to $1B - Q4 Services Rev fo $19.2B short of Est by $800M - Q4 iphone Rev of $42.6B meets Est - Q4 ipad Rev of $7.2B, short of Est by $600M - Q4 Rev of $90.2B beats Est by $2B, that also means its up 8ish% YoY - Q4 Mac Revenue of $11.5B, beats by $2B, nice, forgot they make computers;) - China Rev of $15.5B, this is interesting, AAPL clearly has alot of China expos…

I will admit publicly this post is so terse yet comprehensive I am aggressively searching your history on this site for more nuggets like this one.

UPDATE …and, not disappointed. World-class commentary. Not sure how PP flew under my radar so long.

Re: Apple Reports Fourth Quarter Results

#48

Post by ben_w » Thu, Oct 27, 2022, 9:13 PM UTC

jimbob45 wrote: post #22

FullyFunctional wrote: post #16

Earlier quoted context omitted.

You mean AAG? :) both Facebook and Netflix have slid dramatically from their prior glory.

There's an argument to be made for one or all of Microsoft, Tesla, and Google to be included in there (I'm not calling them Alphabet and I'm not calling Facebook Meta I don't care how much you pay me).

If only one of the company names started with the letter E, then we could make the meta-joke of META standing for Meta, E*, Tesla, Alphabet.

Re: Apple Reports Fourth Quarter Results

#49

Post by simonswords82 » Thu, Oct 27, 2022, 9:13 PM UTC

electriclove wrote: post #25

retskrad wrote: post #15

Holy moly, the Mac keeps growing like crazy. It’s amusing how Apple wanted the iPad to disrupt the Mac but the advent of M-Series chips on the Mac has really nipped that ambition in the bud.

I bought the M1 MacBook Air when it came out almost 2 years ago. I’m Still amazed at how quickly everything opens and how long the battery lasts.

I was using the MacBook Air in 2013 and was impressed with its reliability. Prior to that I'd been on Dell XPS laptops.

The MacBook Air M1 is just another level of solidarity and speed and battery life.

It just works.

So long as Apple continues on their existing pathway I'll forgive them pretty much anything.

Re: Apple Reports Fourth Quarter Results

#50

Post by fasthands9 » Thu, Oct 27, 2022, 9:13 PM UTC

pavlov wrote: post #19

leokennis wrote: post #13

Earlier quoted context omitted.

Don’t forget Tim Cook also brought you crummy gambling ads next to gambling addiction recovery apps on your $1500 phone.

Only if you open the App Store… Which I practically never do. The apps on my phone have been essentially the same for years. If I ever install something, it’s probably through a web link or QR code that goes straight to the right app. The App Store is clearly a big wasted opportunity. 12 years ago I was actually eager to find new apps there. Why did Apple let it become a slum?

Other than maybe games I'm not really sure why/how the app store itself would be useful for discovery?

I think when most people got a phone it was novel to have an app for different purposes - but nowadays people only really want apps they will use. They already have dozens they like so something has to be offering something unique.

And when it comes to finding a new app (like how I recently picked a new app for cycling) just seems like youtube and reddit forums are always going to have more info than an official marketplace.