Well, that spaceship costs a lot.
Apple Reports Fourth Quarter Results
51–60 of 77 posts
Re: Apple Reports Fourth Quarter Results
#52Earlier quoted context omitted.
Let's remember that everyone was anticipating the iPhone 5s for all but 10 days of the third quarter, which naturally slowed iPhone 5 sales. Then Apple almost instantly ran into supply constraints after its release. Because of these two factors, these results aren't that meaningful. 4th quarter results will give a far more meaningful picture of iOS's place in the current market.
However Apple's product release schedule being as rigorous as it is tends to make quarters more comparable. Perhaps a better indication here is the drop from 40% gross margins to 37% gross margins. That comes right out of the business. Generally lower revenues but same margins is a sign so constraints in the supply chain. Higher revenue but lower profits is a sign of margin erosion. Lower revenue and lower profits an…
Chuck,
If you really think that Apple will drop like that, you should short it.
Re: Apple Reports Fourth Quarter Results
#53As someone who has to buy Apple devices for work, I'm hoping they get some pressure to drop their prices, especially on MBPros. My next one will probably cost a bomb since the new ones don't let you stick in third party ram - though the SSD is replacable (with considerable effort)
Is replacing the SSD more effort now? It took maybe 10 minutes on my 2009 MBP to replace the stock HDD with an SSD & yank the optical drive for a second hdd.
Re: Apple Reports Fourth Quarter Results
#54I think a lot of this is expected no? The mobile market is maturing, and they are making less profitable versions of their products.
Its interesting to see how investors react to Microsoft and Apple who are both hugely profitable, and then some start ups(ahem, twitter, pinterest, snapchat) with no proven business model get huge valuations. I know that investors are trying to predict the market, but the second a hugely profitable company seems unfashionable(for lack of a better word) any slight variation in performance is panned in the press and the stock gets sold off.
Re: Apple Reports Fourth Quarter Results
#55Earlier quoted context omitted.
I'm curious what portion of Apple's customers actually anticipate new versions of products and hold off on purchasing until they're released. I imagine it's common among the Hacker News segment, but what about the average person?
My buddy has held off on a retina macbook pro waiting for the new one. And I know some others that do similar, not because they need to but to see what the new version offers.
Same here. I waited a few months to see what was going to be announced in regards to MBP, wasn't disappointed (though I wasn't really surprised either).
I imagine the waiting pool is larger than the "act now" pool. Especially since we now have resources like MacRumors buyer's guide.
Re: Apple Reports Fourth Quarter Results
#56No way to hide this: 2013: Revenue $37.5B, Profit $7.5B (20%) 2012: Revenue $36.0B, Profit $8.2B (22%) Loss of 2% net profit year over year. Just under a 5% drop per share on a diluted basis. So its becoming less profitable to be Apple which speaks to the margin pressure they are under from credible Android phones and tablets. I don't think the market expected that (or maybe they did, GOOG is trading over $1000 these…
It actually beats analysts expectations.
Re: Apple Reports Fourth Quarter Results
#57Earlier quoted context omitted.
However Apple's product release schedule being as rigorous as it is tends to make quarters more comparable. Perhaps a better indication here is the drop from 40% gross margins to 37% gross margins. That comes right out of the business. Generally lower revenues but same margins is a sign so constraints in the supply chain. Higher revenue but lower profits is a sign of margin erosion. Lower revenue and lower profits an…
Chuck, If you really think that Apple will drop like that, you should short it.
I wouldn't short a stock for a single down quarter.
Re: Apple Reports Fourth Quarter Results
#58I wonder what percentage of HN is invested in apple, compared to the rest of investing community. I wonder what sort of biases, deeper understanding of technology, and/or hype trains cause that difference to arise. And above all, I wonder if Apple can finally solve 5S supply problems and deliver a hit Christmas quarter.
[deleted]
Re: Apple Reports Fourth Quarter Results
#59Earlier quoted context omitted.
+/-3% is a common benchmark for the market's definition of "big swing". There's nothing really formal about it, and it's a more accurate measure when applied to the market as a whole rather than individual stocks. For a company like AAPL which is famous for not providing a lot of detailed information to investors, it might not be a big swing. For a different company, say P&G, it might be a huge swing.
Actually, there is a formal measurement of a stocks volitiliy called it's beta. http://en.wikipedia.org/wiki/Beta_(finance)
The formal measurement of a stock's volatility is its volatility.
Re: Apple Reports Fourth Quarter Results
#60No way to hide this: 2013: Revenue $37.5B, Profit $7.5B (20%) 2012: Revenue $36.0B, Profit $8.2B (22%) Loss of 2% net profit year over year. Just under a 5% drop per share on a diluted basis. So its becoming less profitable to be Apple which speaks to the margin pressure they are under from credible Android phones and tablets. I don't think the market expected that (or maybe they did, GOOG is trading over $1000 these…
That's surprising to me. I expected their margins to improve given that they always sell the year-old generation and the 5c is cheaper to produce than the 5. I wonder how terrible their margins would've been if they didn't do the 5c at all.