Apple Reports Declining Profits and Slowing Growth Again
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Re: Apple Reports Declining Profits and Slowing Growth Again
#2Apple needs new sources of revenue. Anything marginal like cheaper iphone models won't cut it.
I like the recent wave of acquisitions. Smart cars? Smart homes? Iterations of Apple Watch - deeper connection to the body itself?
What's next for them?
Re: Apple Reports Declining Profits and Slowing Growth Again
#3They should fix their keyboards and things might start working again.
Re: Apple Reports Declining Profits and Slowing Growth Again
#4Apple has been stagnant since Steve Jobs died. His momentum keeps the company moving forward, but they haven't had a fresh idea since he passed.
Re: Apple Reports Declining Profits and Slowing Growth Again
#5yes, definitely sell your stock, I want to get more at a good price
Re: Apple Reports Declining Profits and Slowing Growth Again
#6Stock is up 4% after hours on the earnings beat.
Re: Apple Reports Declining Profits and Slowing Growth Again
#7Apple has been stagnant since Steve Jobs died. His momentum keeps the company moving forward, but they haven't had a fresh idea since he passed.
Except for AirPods, Apple Watch, .....
Re: Apple Reports Declining Profits and Slowing Growth Again
#8And 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"
Re: Apple Reports Declining Profits and Slowing Growth Again
#9Apple has been stagnant since Steve Jobs died. His momentum keeps the company moving forward, but they haven't had a fresh idea since he passed.
Except for AirPods, Apple Watch, .....
Both of which have had so-so reception. Certainly nothing like Jobs' industry-disruptive innovations.