the new iPhone

[DBK]

Fucking unreal.

Apple today reported earnings of $9.5 billion, or $10.09 a share, and revenue of $43.6 billion in sales, beating analysts’ estimates.

The company said it sold 37.4 million iPhones in the quarter and 19.5 million iPads, up 6.7% and 26.7%, respectively. Gross margin was 37.5% compared with 47.% in the year-ago quarter.

The news gets better for shareholders: Apple is also boosting its dividend by 15% to $3.05 a share and increased its share repurchase authorization to $60 billion from the $10 billion level announced last year.

Apple’s revenue estimate doesn’t look so great on first glance, however. It expects revenue for the fiscal third quarter to be $33.5 billion to $35.5 billion, which means it’s expecting revenue could fall for the first time since 2003 – revenue in the year-ago third quarter was $34.96 billion.

Ended the quarter with $144.7 billion in cash on hand. My mind never ceases to be amazed at Apple's staggering ability to generate absolutely insane amounts of cash.

 

[Tin]

Apple, for people who suck at technology :lol:

 

[moneypit]

the app market is the cash cow last i heard candy crush generates 1,000,000 per day for apple

 

[DBK]

Apple, for people who suck at technology :lol:

2012 Compensation

Tim Cook $4.17 million ($378 million in 2011)
Bob Mansfield $85.5 million
Jeff Williams $68.7 million
Bruce Sewell $69 million

Personally, I love a success story, especially an American one. Apple is certainly one of the greatest success stories in the history of business, and they have been richly rewarded for it. Far down the ladder too. They've minted many, many, many millionaires, and I wish I'd rode it out rather than selling way back near $200.

I only wish I could suck so bad at something.

 

[jsxtreme]

Apple, for people who suck at technology :lol:

Most people don't want to have to upload candy shaped penis v4.12 for their phone to work right. They just want to text, call, and upload pics of thief dag to Facebook. All of which iPhone does well.

 

[Tin]

Personally, I love a success story, especially an American one. Apple is certainly one of the greatest success stories in the history of business, and they have been richly rewarded for it. Far down the ladder too. They've minted many, many, many millionaires, and I wish I'd rode it out rather than selling way back near $200.

I only wish I could suck so bad at something.

Im not looking at it financially, Im looking to the future and general customer base. Technologically speaking, Apple has failed to innovate anything significant in over 3 years, thats an eternity in this business. iOS is looking very long in the tooth these days, it still mostly feels the same as it did 6 years ago. Everybody wants an iStuff just like everybody wants Bose. Welfare recipients to business professionals have one these days, because generally those people suck at technology and need something easy to use...catch my drift yet? :lol: They dont care about the inner workings or things they can make it do, they just want something that works. The bottom line, Steve Jobs made them money because it was his vision or no vision. Remember the last time Jobs split? What a disaster. I doubt Apple will ever close up shop, but they definitely will never be the player they once were under Jobs.

 

[lucky7]

I agree. I am still using the 3gs I got on release day, June of '09. With each "new" model, I am ever disappointed. Give me something new before I jump ship. The phone works fine, however after several IOS updates it's getting a bit tired. Not to mention the fact that I am completely bored with IOS. Give me a phone that looks different, a fresh IOS and I'm on board. Until then, I'm contemplating the Galaxy.

 

[DBK]

Im not looking at it financially, Im looking to the future and general customer base. Technologically speaking, Apple has failed to innovate anything significant in over 3 years, thats an eternity in this business. iOS is looking very long in the tooth these days, it still mostly feels the same as it did 6 years ago. Everybody wants an iStuff just like everybody wants Bose. Welfare recipients to business professionals have one these days, because generally those people suck at technology and need something easy to use...catch my drift yet? :lol: They dont care about the inner workings or things they can make it do, they just want something that works. The bottom line, Steve Jobs made them money because it was his vision or no vision. Remember the last time Jobs split? What a disaster. I doubt Apple will ever close up shop, but they definitely will never be the player they once were under Jobs.

Hardcore tech nerds take a hilariously irrational approach to Apple. "They just want something that works." Wait, isn't that the point? :lol: Steve Jobs' great genius was finding the nexus where technology was both useful and entertaining. Enterprise wouldn't buy iPhones and iPads by the tens of millions if they were just useless pretty toys. There's a pretty smart aircraft engineer in Dearborn that made sure his people all had them. I think he'd be smart enough to tackle a different OS if he had too.

I have to chuckle thinking that Apple just netted nearly $10 billion dollars in 3 months and will shortly be putting back more money into shareholder pockets than the entire market capitalization of General Motors, and you're musing on where they'll fall between "closing up shop" and "the good old days." I've always remained stunned that they've managed to continue the roll as long as they have, but I won't believe disaster has struck until I actually see it.

 

[moneypit]

Not bad for a company started with stolen parts and ideas

 

[Tin]

Not bad for a company started with stolen parts and ideas

Not to mention all of the patent trolling. That alone is what makes me dislike the company. If you cant build a working model of something you "invented", you shouldnt have any rights to the patent. I can patent a shit-powered submarine, but if I cant build it, whats it say about my true abilities? To top it off, their walled garden ecosystem stinks. If I buy your product, its mine. If I buy your product and you control what I can and cant put on it, then its not mine.

 

[Tin]

I've always remained stunned that they've managed to continue the roll as long as they have, but I won't believe disaster has struck until I actually see it.

Nothing lasts forever, dont fool yourself. Remember the old saying "Whats good for GM is good for America?" Didnt turn out so well did it? Do I see Apple failing? Not in the least. Do I see them becoming less relevant? Absolutely. The day you start playing catch up with the competition is the day you start becoming less relevant. Thats step one. Dont get me wrong, they wont drop like a rock, itll be a gradual thing, kind of like the big 3. Apples complacence is nothing but a slow kick to the balls.

 

[DBK]

Nothing lasts forever, dont fool yourself. Remember the old saying "Whats good for GM is good for America?" Didnt turn out so well did it? Do I see Apple failing? Not in the least. Do I see them becoming less relevant? Absolutely. The day you start playing catch up with the competition is the day you start becoming less relevant. Thats step one. Dont get me wrong, they wont drop like a rock, itll be a gradual thing, kind of like the big 3. Apples complacence is nothing but a slow kick to the balls.

I never said it would. Apple has gone up and gone down before. Currently they are in the "nothing we do is good enough" zone, which is a dangerous place to be. Like I pointed out, the financial results they've continued to deliver over a sustained period of time are really mind-boggling, but there's an entire class of people lined up praying to God to punish the company. It cracks me up listening to people on Bloomberg that run tech companies that have hemorrhaged some other lucky sucker's cash trying to market something nobody wants for their entire existence explaining that Apple can't innovate. Hey, I've got an idea, figure out how to make $50 by selling something people want before obsessing over the guy that generated $48,000,000,000 in cash last year. :lol:

 

[Tin]

I never said it would. Apple has gone up and gone down before. Currently they are in the "nothing we do is good enough" zone, which is a dangerous place to be. Like I pointed out, the financial results they've continued to deliver over a sustained period of time are really mind-boggling, but there's an entire class of people lined up praying to God to punish the company. It cracks me up listening to people on Bloomberg that run tech companies that have hemorrhaged some other lucky sucker's cash trying to market something nobody wants for their entire existence explaining that Apple can't innovate. Hey, I've got an idea, figure out how to make $50 by selling something people want before obsessing over the guy that generated $48,000,000,000 in cash last year. :lol:

Youre right, it is mind blowing how much money the company generates, they were literally printing it last year. I dont look at it as means of Apple not being able to innovate, theyve just become lazy about it since the first iPad was released :lol:

 

[Tin]

iPhone Growth Lowest Since 2007 Launch

It may seem like everyone already has all the mobile devices they need, but shipments for notebooks, tablets and smartphones reached 308.7 million in the first quarter of 2013, up more than 37% in the same quarter from the year before.

According to new data from Canalys, Android continues to dominate the mobile market, making up nearly 60% of those shipments. Apple accounted for about 19% of the share and Microsoft brought in 18%.

Tablets are the fastest growing among the three markets, climbing 106% year-over-year to 41.9 million units. Apple continues to take the lead with a 46% tablet share, but it only experienced modest annual growth (6.7%) for its smartphones. In fact, it reached the lowest level since the 2007 launch of the original iPhone.

With smartphone shipments topping 216 million in the quarter — and maintaining strong growth — Android devices accounted for 76.6%. Samsung was the top manufacturer, growing its volume by 64% year-on-year.

"Despite its slowing growth, Apple still shipped over 37 million iPhones," said Pete Cunningham, Canalys Principal Analyst. "But HTC and Samsung have raised the bar with their latest handsets and Apple needs to respond with its next iPhone"

"The iPhone user interface is now six years old and badly in need of a refresh," Cunningham added. "Hardware-wise, the biggest dilemma that Apple faces is what it does with the size of the display on the next iPhone. It cannot afford to ignore the trend for larger displays in premium smart phones. We expect an increase on the iPhone 5's 4' display but are not anticipating a 'Phablet'-style iPhone."

http://mashable.com/2013/05/10/mobile-growth-2013/

Where have we heard this before? Oh yeah

Technologically speaking, Apple has failed to innovate anything significant in over 3 years, thats an eternity in this business. iOS is looking very long in the tooth these days, it still mostly feels the same as it did 6 years ago.

Its going to be a sad day when Jobs influence dries up in the next few years. Hopefully they have a trick up their sleeve to keep the ball rolling. It wouldnt be good for Apple to repeat the 1990s again.

 

[Tin]

Microsoft continued to gain market share with Windows focusing on delivering software to cheap commodity personal computers while Apple was delivering a richly engineered, but expensive, experience. Apple relied on high profit margins and never developed a clear response. Instead, they sued Microsoft for using a graphical user interface similar to the Apple Lisa in Apple Computer, Inc. v. Microsoft Corporation. The lawsuit dragged on for years before it was finally dismissed.

That sounds eerily familiar. It doesnt make it any better that Apple spent more on patent litigation last year than on R&D either.