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Apple Reports Declining Profits and Slowing Growth Again

nytimes.com

411–420 of 527 posts

Re: Apple Reports Declining Profits and Slowing Growth Again

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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?

NYT has an anti-tech agenda in general because tech is killing newspapers.

It's also a contrarian position because most people love their tech, and contrarian positions and outrage drive clicks.

Re: Apple Reports Declining Profits and Slowing Growth Again

#412

Earlier quoted context omitted.

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?

The link "expired", after midnight it counts as pre-market trading activites. AAPL is up 5%, investors seem to like their numbers: https://www.nasdaq.com/symbol/aapl/premarket

It is close to Apples all-time high now.

Re: Apple Reports Declining Profits and Slowing Growth Again

#413
I think the trouble is that the devices are getting too good and there is really only incremental improvement every year so the upgrade cycle is getting longer.

I typically get the latest phone every year (but it starts to feel unnecessary) - iPad's and Mac's, however, last a lot longer (several years) for me these days.

I wonder where the real innovation is going to come from? AI, AR?

Re: Apple Reports Declining Profits and Slowing Growth Again

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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…

Phone market is consolidating for sure but Apple seems to be doing better than Samsung. This is opposite of what one might assume namely that less excitement around mobile phones would cause people to buy cheaper and just good enough phones.

Re: Apple Reports Declining Profits and Slowing Growth Again

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post #156

Earlier quoted context omitted.

Have you considered spending less on Apple stuff and more on planting trees (or otherwise advocating for reduced GHG emissions)? (Serious and sincere question.)

Have you considered that your question is a non-sequitur? Short of quitting my job and becoming a subsistence farmer, my company is going to supply me with a computer and a phone for the foreseeable future. The exact nature of those devices isn't really important. They're going to exist and they're going to cost the same order of magnitude as a Macbook Pro and an iPhone.

Yes, I thought about possible reasons why it might be meaningless to ask the question. (Maybe gonational already has billions invested in green tech, or maybe they consider Apple a more responsible GHG emitter than any of the other phone manufacturers even if he/she buys a phone for $400 and plants trees for $600.)

But I was interested in his/her reasons.

Re: Apple Reports Declining Profits and Slowing Growth Again

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post #156

Earlier quoted context omitted.

Have you considered spending less on Apple stuff and more on planting trees (or otherwise advocating for reduced GHG emissions)? (Serious and sincere question.)

A false dilemma is not how you make a constructive pro-environment argument. It is unnecessary, and won't convince anyone. You could've asked what else they do for or against the environment, but that'd be off-topic in this thread I suppose.

It's not a dilemma, it's a sincere question of consideration.

The contrast between some HN comments on the "Wetbulb heatwave omg it's the end" thread and this one was pretty striking.

Re: Apple Reports Declining Profits and Slowing Growth Again

#417
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...

I'm an Apple shareholder...biggest concern with driving "services" is that the 30% commission on in-app purchases is borderline obscene and I don't think longterm sustainable e.g. if the tech regulation hammer is pointed at Apple, regulation around the App Store, including limits on Apple's commission, would make the most sense.

it's a tax. as long as apple's walled garden is so much better than anything else - no reason to worry.

Re: Apple Reports Declining Profits and Slowing Growth Again

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Earlier quoted context omitted.

When are we going to stop expecting exponential growth though? Or should the exponential growth just continue indefinitely? Is there no value in having a nice S-curve, ending up as one of the most profitable companies in history, and then just staying insanely profitable for a long time in a sustainable way?

We have stopped expecting exponential growth, that's what the linked article is about. "Slowing Growth" is literally in the title! And that means things, like for example the stock has to decline and/or dividends increase because it becomes more productive to put that money into companies that are growing. Investors care about news like this. It seems like a lot (a lot ) of readers here are looking at the article as…

>We have stopped expecting exponential growth, that's what the linked article is about. "Slowing Growth" is literally in the title!

If we have "stopped expecting exponential growth" then the title should have been "Duh!", not "Slowing Growth" (which implies we still expected growth).

Re: Apple Reports Declining Profits and Slowing Growth Again

#419

Earlier quoted context omitted.

If only it were so easy to remap my hand! Caps lock is already dedicated to control and most apps don’t support ^[.

Ok then it you have caps remapped to ctrl, remap ctrl to escape. There are many valid criticisms of the touch bar macs, losing one key in particular is pretty low on the list.

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