Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Apple Reports Declining Profits and Slowing Growth Again

nytimes.com

Post reply on HN
Print view View original

91–100 of 527 posts

Re: Apple Reports Declining Profits and Slowing Growth Again

#91

Post by etchalon »

onemoresoop wrote: post #34
jes5199 wrote: post #17

Earlier quoted context omitted.

nobody wants those. AirPods are expensive, ugly earbuds that you have to recharge for some reason, and the watch is just a way for your phone to distract you more frequently.

I'm also part of the nobody group, never buy the latest because I am frugal with my earnings. But I've noticed lots and lots of people with AirPods, latest Iphones, etc. I think you're underestimating the status value that Apple has managed to create for themselves. A large number of people view Apple as a status symbol.

… they're also good products. It's not just the status symbol thing. People like their products.

Re: Apple Reports Declining Profits and Slowing Growth Again

#92

Post by iscrewyou »

lnsru wrote: post #66
skrowl wrote: post #23

iPhone sales continues to decline (down another 13% vs this quarter last year), but services are making up for it

Still using multiple iPhone 6 devices in the family. The newest one is iPhone 8 and it will last hopefully another 5 years. Even iPhone 3G is used almost weekly with another number for ads. The phones are durable and get updates many years after purchase date. New original battery replacement costs 49€, not cheap, but it gives at least another 2 years of life for the phone.

And I don’t think that’s bad for Apple because you are still in the ecosystem, buying their services, all the while not buying a non-Apple device.

Re: Apple Reports Declining Profits and Slowing Growth Again

#93

Post by vannevar »

jandrewrogers wrote: post #16

That iPhones were less than half their revenue, while still growing overall revenue, is a positive sign. Apple has done a good job of diversifying their revenue base over the last few years. It will be interesting to see how large wearables and services can become as revenue sources, I suspect they are still quite early in their growth.

Still, the company hasn't released an innovative hardware product since 2008. That's a long time for them. If Apple can't innovate anymore, regardless of whether they have continued financial success, are they still really Apple?

Re: Apple Reports Declining Profits and Slowing Growth Again

#94

Post by ceezuns »

I don't understand why these articles think that people will just keep buying, like in the past decade the lifespan of devices has become bigger and bigger. I'm typing this post on a 2013 Macbook and I'm sure a lot of other users are using older laptops than that, that run perfectly fine. Like does the media just expect people to be buying new stuff again and again?

I don't know if I'm just missing the point or something...

Re: Apple Reports Declining Profits and Slowing Growth Again

#95

Post by jstepka »

jes5199 wrote: post #21

there’s something wrong with Apple lately. They ship hardware that’s worse than what they had five years ago, and their software has more and more embarrassing bugs. Seems like management problems.

CarPlay is amazing and keeps getting better. The new beta 13 is a solid upgrade from 12 -- even as a beta.

Re: Apple Reports Declining Profits and Slowing Growth Again

#96

Post by georgeecollins »

terminalhealth wrote: post #77
samfisher83 wrote: post #20

This is how it did compared to expectations EPS: $2.18 vs. $2.10 estimated by Refinitiv consensus estimates. Revenue: $53.8 billion vs. $53.39B estimated by Refinitiv consensus estimates. Q4 Revenue guidance: $61 billion to $64 billion versus $60.98 billion estimate by Refinitiv consensus estimates. iPhone revenue: $25.99 billion vs. $26.31 billion estimated by FactSet. Services revenue: $11.46 billion vs. $11.61 bil…

These estimates are amazingly accurate or is my amazement inappropriate?

This is a very big company with products that have a well understood track record. You could probably be pretty accurate if you just expected it to be the same as this quarter last year.

Re: Apple Reports Declining Profits and Slowing Growth Again

#97

Post by rconti »

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 thought it was going to take me forever to get used to the swipe up action, but honestly, it took minutes.

I really like(d) the ability to unlock my phone as it laid flat on my desk using touchid, but my FaceID experience has been virtually flawless.

I really couldn't go back to the huge black bar across the bottom.

Re: Apple Reports Declining Profits and Slowing Growth Again

#98

Post by zepto »

vannevar wrote: post #93
jandrewrogers wrote: post #16

That iPhones were less than half their revenue, while still growing overall revenue, is a positive sign. Apple has done a good job of diversifying their revenue base over the last few years. It will be interesting to see how large wearables and services can become as revenue sources, I suspect they are still quite early in their growth.

Still, the company hasn't released an innovative hardware product since 2008. That's a long time for them. If Apple can't innovate anymore, regardless of whether they have continued financial success, are they still really Apple?

Ignoring the Apple Watch, which dominates the category and is a clear success.

Re: Apple Reports Declining Profits and Slowing Growth Again

#100

Post by situational87 »

vannevar wrote: post #93
jandrewrogers wrote: post #16

That iPhones were less than half their revenue, while still growing overall revenue, is a positive sign. Apple has done a good job of diversifying their revenue base over the last few years. It will be interesting to see how large wearables and services can become as revenue sources, I suspect they are still quite early in their growth.

Still, the company hasn't released an innovative hardware product since 2008. That's a long time for them. If Apple can't innovate anymore, regardless of whether they have continued financial success, are they still really Apple?

They increased their spending on R&D by $500 million since last year.

They then spent $17 BILLION on share buybacks in the last quarter.

It's not a tech company anymore it's just a financial engineering scheme for large shareholders. If you're a shareholder, good for you!

Post reply on HN