Apple’s Blockbuster Quarter: Revenue Tops $100BN, Record China Sales, Beats Across The Board

US Liberty News ^ | 01/27/2021 | Tyler Durden

[Paladin2]

How is Jan 27, 2021 “Q1”?

[E. Pluribus Unum]

That slave labor sure is good for the bottom line, isn’t it Ted?

[deks]

Everybody...stop buying phones from Apple (domestic enemy)

[KarlInOhio]

How is Jan 27, 2021 “Q1”?

Apple's fiscal year starts in October.

Even with this good news, Apple is down 3% in the after hours market. Ouch!

[adorno]

Who in China is able to purchase the iPhone?

Lemme guess...

hmmm....

perhaps its the Chinese government, trying to make sure that Apple keeps their factories in China. It’s the same kind of trick that Hillary and other lib book writers use to give the perception that their books are popular and that people care about what they write.

[dayglored]

Apple *PING*

[dayglored]

> ...slave labor ...

Geez, again? Seems like some bullsquat lies never go away, they just recycle, and recycle, and recycle...

[dayglored]

> ...stop buying phones from Apple ...

Fair enough. Ain't freedom of choice great?

Enjoy it while you can, the new administration and their love of Bernie's "Who needs 20 kinds of deodorant" is looking to make it but a fond memory.

[dayglored]

> ...the Chinese government, trying to make sure that Apple keeps their factories in China...

Interesting supposition. It ought to be verifiable, since if that's where the iPhones are going, nobody is using them, nobody is making calls or running apps, they're just sitting dead in a pile in some warehouse.

Do you have a way to substantiate your speculation?

[Swordmaker]

Awoke financials beat records across the board!—PING!

APPLE 2021 1st Record Quarter Financials
PING!

If you want on or off the Apple/Mac/iOS Ping List, Freepmail me.

[Swordmaker]

perhaps its the Chinese government, trying to make sure that Apple keeps their factories in China. It’s the same kind of trick that Hillary and other lib book writers use to give the perception that their books are popular and that people care about what they write.

Strange that Apple and Foxconn have just announced that even more of Apple IPhone assembling is being shifted to Vietnam and India.

[Swordmaker]

How is Jan 27, 2021 “Q1”?

It isn’t. It’s the day they report the finalized, audited results of 1st quarter fiscal 2021, which ended December 26, 2020. We’re are currently in the first month of the 2nd fiscal quarter for Apple which will end on Saturday March 27, 2021.

Apple’s fiscal year runs from the 5:00pm on the last Saturday in September until 5:00pm of the last Saturday of September in the next year. Fiscal year 2020 ended for Apple on September 26, 2020. Thus the first fiscal quarter of fiscal year 2021 runs from that Saturday of September 26, 2020 through the last Saturday of December 26, 2020 at 5:00pm.

[Paladin2]

5 pm in what Time Zone?

[adorno]

Do you have a way to substantiate your speculation?

Speculation based on the population of China, which is mostly poor, and speculation based on the downturn of the Chinese economy. How many people in China can afford a $1500 device?

[PIF]

Despite that, AAPL plunges over 3% in after hours - perhaps Xiden’s planned massive tax increase and ‘mark to market’ plus FTTs has more to do with it than valuation of the company itself.

[PIF]

Speculation based on the population of China, which is mostly poor
How many people in China can afford a $1500 device?

—
You do know that of the 1.45 billion people living in China, that over 315 million are millionaires or better? And a substantial portion of the rest are well to do or average? That the poor are to be found in the rapidly declining rural population?

So “mostly poor” is a complete misrepresentation.

How many Chinese can afford iPhones? Millions many millions; other brands selling well are priced even higher

[adorno]

You do know that of the 1.45 billion people living in China, that over 315 million are millionaires or better?

And, who has verified that there are that many millionaires in China? What the Chinese tell us and what really is happening in China, are two different things.

Do you also believe the economic numbers that the Chinese government puts out? They have had a growing economy for more than 20 years, and still growing, according to the government reports. When the whole world is going through a recession and perhaps depression because of Covid-19, the Chinese continue reporting rosy numbers.

So, do you believe everything you hear about China? A communist government would not allow so many millionaires when the largest number of them are in poverty or barely making it. The millionaire number is to be suspected as well as their rosy economic numbers.

[adorno]

Strange that Apple and Foxconn have just announced that even more of Apple IPhone assembling is being shifted to Vietnam and India.

But, how much?

And, those announcements occurred under the Trump administration, which was trying to get American companies to do their manufacturing at home and/or out of China. With the democrats in control now in Washington and with Biden a friend of China, I doubt that China will be losing much of the Apple manufacturing.

[PIF]

Well lets put it this way millions of tourists, travelers, merchants, corporations, western residents all say the same thing as to the moneyed Chinese (who are principally from the political class) that they are in the millions and millions - you can believed the China of the 1950s is the reality, if you please.

You need to actually see modern China so here’s a link to videos by fellow that lived there for 10 years, until Xi Jinping made life intolerable

laowhy, his handle, means foreigner
https://www.youtube.com/channel/UChvithwOECK5g_19TjldMKw