I hope there is something similar to "One More Thing", be it a killer feature (like triple lenses can do 3D), or attractive pricing (Apple TV+ is free with something), or even, like many people want, a lower price on new iPhones.
Revenue is only up 1% in 5 years and net income is down 5%
FA says we should go lower
Yes, I saw that nut job on cnbc, he’s just overly invested in Apple competitors and he thinks everybody invested in Apple should get out now before armageddon. Whenever somebody rants, throws hands up and screams for attention like that, it’s a sure sign they are full of poo. Reminds me of someone else. Apple up 200% vs 50% for S&P 500 over the last five years so he won’t be getting fired anytime soon. Damn spongy, you sure are wrong a lot for somebody who invests in options, please be careful.
Post by socal Film Composer on Sept 10, 2019 11:05:10 GMT -5
Looking forward to watching live today, which I usually never get to do. This is a tricky year, with 5G coming next year. The whole portfolio of offerings, i.e. services, apple TV, wearables, etc are creating some good cover until that comes. But really - the challenge to offer some compelling iPhone upgrades entice those who will wait for 5G will be interesting. We already have several months of cover from the tariffs, although I'm sure the talking heads will try and sow FUD off of that. Good luck longs.
Revenue is only up 1% in 5 years and net income is down 5%
The video's main thesis was that there was no innovation happening, though as we talked about last week I think the problem is no really marketable innovation. There's lots of stuff going on (things like AR Kit and Health Kit were pointed out), but these type of "where's the innovation" are looking for the cannon ball hitting dead on (a whole new device that's a blockbuster out of the gates) instead of a shotgun blast where every little shot hits something, some decently sized, but no giant game is hit.
But blaming it all on Tim? There are companies out there that do well with the innovator at the front, though that often fits with the drive that they put behind it. OTOH, if I was making a dream team, I think I'd put a mastermind at the top instead of a person focused on just one part of the company. Let the innovator focus on innovating and strategizing about that portion of the company. Don't waste his time on pesky little things, like meeting with the president to point out that the main competition is outside the US and so not hit by tariffs, no matter how important that may be for the company. Jony designed, and as far as I know didn't have to worry about matching up preferred AppleCare support with the largest purchasing university, or even getting an iOS release out in time for a specific fall announcement.
Even if SJ had his hand in many pots, he didn't have them in everything. And he couldn't, even if he did have or adopt great ideas and strategies. But ideally, the top leadership is trying to put all of these moving parts together, ideally with a vision that goes at least a few years forward, while also saying no to products and ideas that would dilute the focus.
I like the free year of Apple+ subscription with a purchase. That might not bring in extra revenue/profit directly or initially, but we need to keep some differentiation out there. Plus you need to hit critical mass on a TV subscription where you're making the content.
(Hearing welcoming Jaws to the stage makes me think of the James Bond character)
We have the choice to build this board up, or tear it down. Make the right choice, or don't post here.
To All: Please remember to keep non-Apple SPECIFIC political stuff out of the daily thread. Post it over in the Dungeon, if you really want to discuss it with others on the AAPL Finance Board.
Loving what I'm seeing so far ... especially the $4.99 subscriptions! Agree with Socal ... those subscription prices are a no brainer.
Anyone who thinks Apple didn't plan for decline in iPhone growth is seriously not paying attention. Starting with Apple deciding not to release sales numbers a couple of years ago. Tim and Co. are future proofing revenue for a long time to come.
Agreed on the watch, there's a pretty compelling case for it now with series 5. Air quality would be very cool.
Although it would have usability limitations, it would be cool if there was a camera built into the watch somehow. Sometimes you just need a quick snap of something. Doesn't have to be the best camera ever, but it would be the camera always with you, which has it's own value.
120-deg AOV lens is pretty remarkable, that angle rivals the best wide-angle rectilinear lenses possible for "real" cameras (e.g. Schneider super-angulon 47mm XL for 4x5 for example). Will be interesting to see how clean it is in the corners. The photo software improvements are pretty amazing too.
As always with the rumor mill mockups every year, the real iPhone Apple reveals always looks waayyy better. This year's expected "UGLY" triple-lens camera doesn't really look bad. Instead, it actually looks PRO.
Last Edit: Sept 10, 2019 13:48:40 GMT -5 by dreamRaj
AAPL was up a tiny bit for a little while mid-announcement. Now comes free press all day long, complete with detractors and protractors (it just fit).
Tomorrow (or late today) comes the analysts. Same thing. And same grasping at straws, of if any improvements are incremental or innovative, or enough to make sales.
FWIW, we're taking my first ever overseas trip, partially with friends. One friend's 6S battery life is low, so she bought a new iPhone this weekend. Sales still happen, even on the cusp of an update. And even without 5G.
Looks like it's time to buy a new iPhone, and maybe pickup a watch or two, and possibly an iPad.
There is still a very small percentage of phone users who are aware of 5G network, so I think the new iPhone will sell well to everyone who needs to upgrade and those who haven't heard about 5G network. The new iphone lineup is definitely a big step up in terms of battery, camera, and responsiveness.
mercel: It's been a long strange trip - good to see you're still around (and in AAPL -my assumption).
May 10, 2019 12:48:32 GMT -5
Zeke: Long time no see. Nice to see familiar names still here.
Mar 25, 2019 14:42:52 GMT -5
sponge: Regarding the future of VR, I think it will be huge. I was a gamer when I was in college. But as an adult I lost interest. Last fall I flew up to visit my son at college and check out his new Vive set up. After playing with it for the weekend, I was
Apr 29, 2018 15:25:17 GMT -5
galleybob: thanks for your answer. I will copy and send to her
Nov 7, 2017 15:32:18 GMT -5
rickag: So since Jan 28th 2015 AAPL is up from 117.27 to 157.21
Aug 21, 2017 20:09:43 GMT -5
artman1033: VXAPL = 29.21 AAPL = $117.27 AFTER EARNINGS
Jan 28, 2015 14:54:46 GMT -5
artman1033: VXAPL = 44.94 AAPL = $110.39 BEFORE EARNINGS
Jan 27, 2015 11:12:53 GMT -5