Posted on 02/01/2018 1:53:23 PM PST by Swordmaker
Is it bigger than this one????.....................
The funny thing about that toy phone is that it’s patterned after a rotary desk phone, which are virtually nonexistent any more (except at my house). Do kids today even know what they’re supposed to be?
This quarter. Last quarter was 25.6%.
Bought the Wife a Mac Mini for Christmas. I gave her a 10 minute overview and she’s been fine ever since. Regardless of any social or political viewpoints of Apple, they make products that work very well.
I’m more of a Mac guy but I finally got an iPhone during that quarter so I contributed to Apples revenue stream. I guess that just makes me a hopeless fanboy and moron according to some of our FRiends here. That’s OK, I’ve been called worse.
by Matt Hunter | Anita Balakrishnan
Published 2 Hours Ago Updated 33 Mins Ago
CNBC.com
Apple CEO Tim Cook. Apple CEO Tim Cook weighs in on iPhone X sales Video
Apple's cash reserves hit $285.1 billion in the quarter ended in December, a record, reflecting the company's move to high-priced handsets and new tax regulations.
That's compared with $268.9 billion in the prior quarter. The increase in cash was disclosed Thursday in Apple's earnings report.
Apple has said it plans to make $38 billion in tax payments to reflect new tax rules passed last year. Wall Street has speculated that the lower tax rates may open the door for the tech giant to bring back cash from overseas and put it to work through acquisitions or by returning money to shareholders.
Apple has already revealed some spending goals: The iPhone maker says it will contribute $350 billion to the U.S. economy over the next five years, in the form of payments to suppliers, capital expenditures, advanced manufacturing investments and jobs.
It is also investing in expanding its content services and operations in emerging markets like India.
Cash hoard graphic at site.
167.78 USD Price increase 0.35 (0.21%)
After-hours: 173.25 Price increase 5.47 (3.26%)
Tomorrow will be bigger gain judging from the after hours.
From the Apple Financial Conference Call: " 1.3 billion active installed device base is an increase of 30% in just two years."
That's certainly not flat. . . and the rumors of cars has not stopped. Apple added 21 self-driving cars to those already licensed with the State of California last month.
These are quarter over quarter from last year's quarter. . . but here's what you need to know about that:
"This year was 13 week first quarter in 2018 vs. 14 week first quarter in 2017."
Add 7.7% to the figures for this year to account for an extra week's sales that would have existed were all things equal.
A fourteen week quarter would have provided gross revenues of $94.8 Billion, 83.25 million iPhones, 14.18 million iPads, and 5.5 million Macs to compare against.
Rush. They are comparing a 14 week quarter last year to a 13 week quarter this year. That provides a 7.7% positive bias for last year. Add that into this years quarter and you see what you SHOULD be looking at for a growth comparison.
So, Apple destroyed the shorts today?
Honey, did you call in that stop-loss order this morning?
Oops. No new satin drapes for the living room this month. Yes, ramen noodles and beans will be fine for dinner tonight.
So who lied again this time?
Well, every anal-cyst who claimed that the iPhone X was not selling last quarter due to lack of demand for one. Then a host of them who claimed that due to that lack of sales Apple was cutting orders for this quarter to lower than last quarter, crying doom and gloom for Apple, ignoring the easily researched fact that sales in this quarter are ALWAYS LOWER than the preceding HOLIDAY quarter which has been record breaking every year for the last three years! Then there are the anal-cysts who, by only reporting on the iPhone X rumored sales failures, ignore the OTHER nine iPhone models, including TWO NEW MODELS, Apple was selling during the quarter!
There were lots of lies being spread around in the FUD in the last three weeks!
NOW After-hours: 173.49 Price increase 5.71 (3.40%)
It was the funniest thing!
THAT WAS SO STUPID...
Hmmm...up 30% over 2 years and up 6% 1 year. Look like previous FY was gangbusters at 24% and that’s dropped to 6% YOY. May not be flat, but that’s a serious YOY decline in unit sales. No?
And saying Apple could make an iPhone X and sell it at $100 retail WASN’T?? Your comment was so inane it got what it deserved.
Looks like all the Apple-haters got a kick in the stomach when those numbers came out.
Interestingly enough, the Apple co-founders first product was a telephone dialing device called a Blue Box. It created the right tones to make long-distance calls for free (illegally). Steve Wozniak created it, and Steve Jobs marketed it. This was before they came up with products for a little-known company called Apple, which is making money selling phones although some here on FR refuse to believe they are successful.
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