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Apple Reports Declining Profits and Slowing Growth Again

nytimes.com

491–500 of 527 posts

Re: Apple Reports Declining Profits and Slowing Growth Again

#491
post #181

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Like what?

Camera tech seems to be an obvious choice. But, they could go as far out there as doing drug research. Apple is a giant multinational corporation, they could get into any market.

Do you know what apple did in the 80s? Overextend by following foolish ideas like yours, focus is what led to them reaching their success, and focus is what will extend them to the next product that, guys like you will complain about not being innovative.

Re: Apple Reports Declining Profits and Slowing Growth Again

#492
post #350

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There was no iPhone until there was, no iPad until there was - I don't see the big deal here.

That was when Steve Jobs was still there, and he isn't coming back.

Steve Jobs was not magic, nor is he the only person with vision in the world. Expecting one company to continue to make paradigm breaking technologies every other year isn't realistic.

Re: Apple Reports Declining Profits and Slowing Growth Again

#493
post #327

2019 is another year I’m stuck with my iPhone 8 from 2017. I use to upgrade every year then some genius at Apple thought bigger phones are the only way to go from here on out. Maybe that person no longer works there? Also Touch ID over Face ID or offer both or I’m not interested along with millions of others!

The iPhone XS is basically the same size as an iPhone 8 with a screen that is 1" larger.

I can not hold my previously owned XS in one hand and text one person then go back to text another without moving the phone’s position in my hand. Thus I took it back ..bad UX that makes me exert effort my iPhone 8 doesn’t.

Also no Touch ID..pick phone up without looking at it and boom phone is open. Face ID forces user to do more work..swipe up and look. Two more steps I didn’t have to do previously. Those to me as a UX professional who strives to make things easiest as possible equals bad UX. Forcing the user to exert more effort they didn’t have to before.

Apple has always been about ease of use..yet the person in charge of UX (Johnny Ive) thought making things an inch harder would be no big deal, yet look at the amount of phones they aren’t selling these days.

Re: Apple Reports Declining Profits and Slowing Growth Again

#494
post #487

No surprise. No innovation. All stopped around 2011. They've been coasting since then. Difference sizes of the same product. The watch was about as far as they've wandered out of their comfort zone.

Yeah, its not like they made some headphones that 20% of the people you see on the street are wearing.

Wireless headphones... and a stylus that costs $100.. They're breaking new ground there. Sounds like they have great marketing department. That's not innovation.

Re: Apple Reports Declining Profits and Slowing Growth Again

#495
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"

If one of these major launches is a MacBook Pro with the same (or better) specs (esp video graphics) as their latest MacBook Pro, but without a TouchBar, they will get at least $2,500 from me. If one of these major launches is an iPhone X-like phone with a thumbprint reader (home button or otherwise), they will get at least another $1,000 from me.

If they could make an iPhone X-like phone with a headphone jack, then I'll buy it. I have zero interest in airpods or other wireless earphones though, so its a hard pass from me as long as that's the route they're going.

Re: Apple Reports Declining Profits and Slowing Growth Again

#496
post #402
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…

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.…

> But calling this a "disaster" is a bit much

Good grief. The quote in context was "These aren't "bad" numbers, but for Apple they're sort of a disaster." You really insist on skipping not one but three qualifiers? I specifically stated they weren't bad, that the analysis was relative to Apple's historical performance, and I even put a "sort of" in front!

And I stand by that. If you have a company whose stock is priced at a level defined by a decade of profitability the like of which the modern world literally has not seen, these numbers represent a pretty radical correction even if there are lots of Fortune 500 companies that would love to have a balance sheet like this. They aren't Apple.

Re: Apple Reports Declining Profits and Slowing Growth Again

#497

Earlier quoted context omitted.

There's nothing _wrong_ with touch ID. It's just that FaceID is way better. It is faster and more seamless, it can work even if you are wearing gloves. Plus, it lets the phone not display sensitive notification details until you are the one looking at the screen(with attention detection on, the default, you have to be really looking at it), only then it will display the details(including actual messages, depending on…

> it can work even if you are wearing gloves This is a tradeoff though, as FaceID doesn't work if you're wearing sunglasses.

It doesn't work when wearing a balaclava, motorcycle helmet or ski googles, which is slightly annoying, but in those cases you'll likely wear gloves anyway. Sunglasses work fine for me.

Re: Apple Reports Declining Profits and Slowing Growth Again

#498

Earlier quoted context omitted.

Sooner or later you will have to buy a new device due to planned obsolescence, i.e. when (security) updates are no longer released. But then you can of course install a free operating system instead.

You do bring up a very valid point but I think that is true with anything that consumers buy like cars, or common household products when things just start to break or newer iterations of those products come out with better features.

But why throw something away which is not physically broken? I currently use a Mac Mini from 2009 with Debian and I have no complaints... well, except that software keeps getting slower.

Re: Apple Reports Declining Profits and Slowing Growth Again

#499

Earlier quoted context omitted.

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.

Apple will never get the same P/E love, because they only make like 4 things (Mac, iPhone, iPad, services). Everyone loves to hate on Apple on multiple fronts (elitist, expensive, over the hill), whereas the hate on Amazon is really about one thing.. that ol "makes no profit" canard. CLARIFICATION: I’m talking perception, not my beliefs. Uber’s a scam, as far as I can tell, but they will either pull off a miracle or…

Yeah as an investor I still really like Apple. They have a TON of cash, billions of highly qualified users that they can easily roll new products/services to (iphone owners), and all the while they're frugal and meticulous about how they use it.

I think the stock will pop once news breaks of another breakthrough product...whether its a car or something else.

Re: Apple Reports Declining Profits and Slowing Growth Again

#500
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.

How is something a status symbol when 40%+ of the population in many 1st world countries own it? In the US, the number of people who can’t buy an iPhone on a carrier payment plan is small.

Maybe not iPhones, but there's probably some of that with their computers.
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