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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

#401

Post by [deleted] »

brian-armstrong wrote: post #165
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…

I'm fairly shocked to find that a community of seemingly technically competent people would forfeit their 4th amendment rights in order to save a few seconds keying in a passcode. This small detail feels like a microcosm of tech in general currently :/

[deleted]

Re: Apple Reports Declining Profits and Slowing Growth Again

#402

Post by skgoa »

ajross wrote: post #262
DLA wrote: post #233

NY Times made a mess of this story and slanted it toward their agendas. Horrible reporting. Apple beat most estimates. Revenues grew. All time high revenue from services. Forward guidance was raised. https://www.apple.com/newsroom/2019/07/apple-reports-third-q...

That's a bit spun too, though. Revenue is up just .93%. Net income is down 12.7%. And they beat the estimates because the estimates were expecting bad news, as the overall trend has been stagnant for about two years. Those just aren't good numbers for a company that, over the past decade, has been literally the most profitable in history. They aren't "bad" numbers, but for Apple they're sort of a disaster. The iPhone…

Eh, you are equating slow growth with "running out of steam". Even if they don't grow from here on out, they will stay one of the world's most profitable companies for decades. Apple is turning into a stable, mature company. This is a completely normal and expected stage in the business lifecycle.

I agree on Apple having been more or less stagnant for a while now. It's no surprise when you look at their products IMO. They seem to mainly be consolidating the market share that they have. As a consumer, you get immense advantages from staying inside their ecosystem, but there seem few people left who aren't yet in their ecosystem and are open to getting into it at the same time.

But calling this a "disaster" is a bit much. The "iPhone gravy train" is still going very strong, albeit a tiny bit slower. They have lots of other products that sell very well. They make a huge amount of practically free cash from their plattforms. If their services and content creation efforts are even semi-successful, they will continue to diversify away from being just a consumer electronics company.

Re: Apple Reports Declining Profits and Slowing Growth Again

#403

Post by arvinsim »

Lio wrote: post #395
petra wrote: post #335

Earlier quoted context omitted.

Apple's main value is it's brand. Being a status symbol. Second is their customer lock-in. Those can carry lots of value. And even strength, maybe. But growth ? And design ? Google can design well enough. Their interfaces are easy and fun to use. Beyond that, regular people don't care.

Design UI well enough? I guess it depends on what you are used to. For me, Google will always be the company that high-jacked scrolling to use for zoom. That still trips me up every time I have to use Google Maps or any other mapping service that copied them on a laptop with a trackpad. They could keep that default (misguided as I personally think it is) if they just provided an option to let scroll be scroll but the…

> For me, Google will always be the company that high-jacked scrolling to use for zoom. That still trips me up every time I have to use Google Maps or any other mapping service that copied them on a laptop with a trackpad.

So you use that for vertical scrolling. How would you do horizontal scrolling on a typical mouse then?

The default of holding left click and dragging the map across to move the viewport is far more intuitive.

Re: Apple Reports Declining Profits and Slowing Growth Again

#405

Post by bb123 »

DLA wrote: post #233

NY Times made a mess of this story and slanted it toward their agendas. Horrible reporting. Apple beat most estimates. Revenues grew. All time high revenue from services. Forward guidance was raised. https://www.apple.com/newsroom/2019/07/apple-reports-third-q...

Does anyone know why the NYT has this agenda?

Re: Apple Reports Declining Profits and Slowing Growth Again

#406

Post by kgwgk »

etchalon wrote: post #386
Roboprog wrote: post #339

Earlier quoted context omitted.

Some of their products are very good. Some, not so much. That’s the weird thing. I guess AirPods work for some, but I wouldn’t touch them.

I have a hard time thinking of a "bad" Apple product. Not "product I don't personally like" or "product that fails to meet a requirement I believe is important", but legitimately "bad". The Butterly keyboard is the only thing I can think is genuinely, objectively, "bad", due to the reliability issues, but it's hard to say it taints the whole MacBook Pro. I use one everyday, have since they were released, and it's a g…

iPod Hi-Fi

Re: Apple Reports Declining Profits and Slowing Growth Again

#407

Post by cryptozeus »

capkutay wrote: post #214
MaysonL wrote: post #8

And 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"

AAPL is still undervalued compared to stocks like AMZN. Apple's P/E of 17 is amazing compared to Amazons 78. I'm not really sure why their stock isn't traded with the same enthusiasm that other tech companies see.

Gone are the days of the PE and profits my friend.

Re: Apple Reports Declining Profits and Slowing Growth Again

#408

Post by NeedMoreTea »

etchalon wrote: post #386
Roboprog wrote: post #339

Earlier quoted context omitted.

Some of their products are very good. Some, not so much. That’s the weird thing. I guess AirPods work for some, but I wouldn’t touch them.

I have a hard time thinking of a "bad" Apple product. Not "product I don't personally like" or "product that fails to meet a requirement I believe is important", but legitimately "bad". The Butterly keyboard is the only thing I can think is genuinely, objectively, "bad", due to the reliability issues, but it's hard to say it taints the whole MacBook Pro. I use one everyday, have since they were released, and it's a g…

Apple III, Mac Performa.

Re: Apple Reports Declining Profits and Slowing Growth Again

#409

Post by KptMarchewa »

capkutay wrote: post #249
mhermher wrote: post #240

Earlier quoted context omitted.

Because they're dependent on selling hardware, not software. It's not rocket science, hardware doesn't scale as easily as software, so it leads to a smaller multiplier.

And amazon has 125,000 employees running their supply chain. I wouldn't call that 'easy to scale' either.

Not more? Wikipedia claims Amazon has 647,500 employees.

Re: Apple Reports Declining Profits and Slowing Growth Again

#410

Post by lordnacho »

HelenePhisher wrote: post #390
ajross wrote: post #262

Earlier quoted context omitted.

That's a bit spun too, though. Revenue is up just .93%. Net income is down 12.7%. And they beat the estimates because the estimates were expecting bad news, as the overall trend has been stagnant for about two years. Those just aren't good numbers for a company that, over the past decade, has been literally the most profitable in history. They aren't "bad" numbers, but for Apple they're sort of a disaster. The iPhone…

Well just look at this: https://m.nasdaq.com/symbol/aapl/after-hours

"No After Hours trades have been reported for this security."

What did it say when you linked it?

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