Apple Reports record results, 47.8mil iPhones, 22.9mil iPads, wall street still mad

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Dreams-Visions said:
<3 Wall Street.

Trolling for a better deal on Apple stock so they can make more money.
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No one should ever listen to people giving free advice on stocks; if someone tells you to buy, ask; "Shouldn't they be buying more at the cheaper price?" (they want you to push up the price so they can sell); and if someone tells you to sell...well its a bit more mixed but generally they could be making gains on competitors, fact their not tells you enough.

SELL SELL SELL
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Well, if they can't make significantly more profit off that then theres some sort of problem.
Did Apple drop the lower end iPhone price or something?
 
Weenerz said:
Upgrade and push to family members. Gave my mom my first iPad when the iPad 2 came out, when the first New iPad came out, I gave her my iPad 2 and she gave my stepfather the original. Waiting for the "5" and then she will get the New iPad. I'm sure lots of people do it.

Same with phones.
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The rate at which Apple fans upgrade their tech is alarming. Most of my friends do this, and I'm dumbfounded that they can all do shorter than yearly upgrades on their phones and tablets.
 
KennyLinder said:
Maybe the new iMac didn't hit the right notes with people? Maybe consumers aren't ready to lose the optical drive yet from their home computer, and there is no retina resolution either (I know the reasons before you jump) - iPad has a higher resolution screen than a 21.5" iMac! Desktop computer sales are down anyway, and the iMac is really fucking expensive too.
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Lol! Nobody gives a shit about this. Desktop sales have been eroding across the entire industry, with or without disk drives.
 
But gaf told me Apple was doomed, everyone they know is bored of iOS and no one wants an iPhone anymore.

Why was I lied to? WHYYY!!!???
 
Per Apple: iMac constrained and only effectively sold for 30 days. Still about one-two weeks behind in the supply chain.
 
On a weekly basis, iPhone sales were up 39% y/y. Pretty crazy for the number 1 phone in the world to be growing at 39%.
 
KennyLinder said:
Maybe the new iMac didn't hit the right notes with people? Maybe consumers aren't ready to lose the optical drive yet from their home computer, and there is no retina resolution either (I know the reasons before you jump) - iPad has a higher resolution screen than a 21.5" iMac! Desktop computer sales are down anyway, and the iMac is really fucking expensive too.
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The iMac wasn't shipping for most of the reported quarter.

Last year's iMac unsurprisingly wasn't selling well just before it's replacement.
 
Asymco:
721714899.png
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I guess that answers the iPhone mix question. About the same as usual between new models and old models.
 
Jeff-DSA said:
The rate at which Apple fans upgrade their tech is alarming. Most of my friends do this, and I'm dumbfounded that they can all do shorter than yearly upgrades on their phones and tablets.
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That seems odd given that Apple has mostly only done a single revision per year (even if that's changing now, it has been the case before). We've bought basically every iPhone since the original as my wife and I have staggered two-year contracts. So we have a two-year cycle but we each get a "new" phone each year.

For me, it's the other way around with phones where my non-tech friends and family either stick with an iPhone for at _least_ two years or end up constantly replacing whichever low-end Android handset the carrier pushes on them in store.

For the iPad we're in a two-year cycle it feels like. I like to skip at least one gen (as I did with the 2nd gen). For Macs I tend to keep desktops for four years and laptops for two (replaced a two year old MacBook Air with a Retina MBPro in March).
 
Cook: (1) iMac down 700,000 YOY considering that it shipped at late-November (21.5") and early-December (27"). Know sales would be materially higher without manufacturing constraints - Cook says that they said this in October so don't act like you're surprised. (2) Plus 13 weeks this quarter, (3) channel inventory was down about 10 days. Factors make up for more than that 700k.
 
Talon said:
Cook: iMac down 700,000 YOY considering that it shipped at late-November (21.5") and early-December (27"). Know sales would be materially higher without manufacturing - Cook says that they said this in October so don't act like you're surprised.
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What.
Anyway, seriously - bring out a cheap screen and a Mac Mini; offices and education places would buy like crazy. Basically - fuck dell!

I think the bigger problem the market has is theres not been any serious progress for a few years.
 
Average selling price of iPhones was same YoY.

iPhone 5 mix was similar to iPhone 4S mix from last year.

Capacity mix was effectively the same.

Q: Will you be staggering products out more this year with product refreshes?
Tim Cook: *Laughter* I won't answer that question.
 
Talon said:
Average selling price of iPhones was same YoY.

iPhone 5 mix was similar to iPhone 4S mix from last year.

Capacity mix was effectively the same.
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So lower demand is not shown out in sales at all. Wall Street Journal is full of shit.
 
But GAF told me Apple stock would be back up, several months ago. WHY GAF WHY!

Wow Macs are down too? I guess Lenovo is the only PC/laptop manufacturer that is going up. Good for them. How's Asus doing, anyone know?
 
After Hours: 463.00-51.01&#8206; (-9.92%&#8206;)

are investors dumb? it looks like theyre being dumb. im not smart enough to know, though.
 
So all/most of the warning signs (save for the WSJ/Nikkei report which Cook addressed as directly as he could) seem to come down to supply constraints?
 
Here's the first TV question! Gene Munster, of course.

Q: How important is the TV market to Apple? Can you reach your goals with the way content is distributed?
Tim Cook: Sold more AppleTVs Q1 2013 than ever before - 2 million (up ~60% YoY). This is an area of intense interest for us. I tend to believe that there's a lot we can contribute in this space, so we continue to pull the string and see where it leads us.

But I don't want to be more specific.
 
Axion22 said:
After Hours: 463.00-51.01&#8206; (-9.92%&#8206;)

are investors dumb? it looks like theyre being dumb. im not smart enough to know, though.
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I have Apple stock purchased mostly at 240, some at 540 on the way down this time. I still feel really good about it so I don't really get why all of these clowns are selling.
 
tim laughed when they asked if they would do as many refreshes this year, and if they would occur in such a tight timeframe. mean anything?

Also, is it me or is Tim speaking a lot more this time around? Peter usually does a lot more on these calls. mean anything?
 
brianmcdoogle said:
tim laughed when they asked if they would do as many refreshes this year, and if they would occur in such a tight timeframe. mean anything?

Also, is it me or is Tim speaking a lot more this time around? Peter usually does a lot more on these calls. mean anything?
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Lot of supply chain-related factors this time - Tim's wheelhouse.

They basically said, "You shouldn't expect us to flip 80% of our products in one quarter again."

Channel inventory for iPad mini is still behind where they'd like it to be. They expect to catch up in this quarter.
 
It could be, just possible, that Apple was overvalued at $700.

EDIT: I have a bunch of shares from when I worked at Apple through their employee stock purchase plan and it's all sub $100. It's the core of my savings.
 
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