Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jan 5, 2017 3:31:07 GMT -8
Good morning everyone. Europe, the Nikkei and NAS are RED, but there's not a lot of movement this morning. Looks like the market is debating which way to turn. AAPL is RED as well, trading at $115.95 -0.07 (-0.06%). In the news: Apple removes New York Times apps from its store in China stories at CNBC, CNN and others. CNN has Apple invests $1 billion in massive tech fund. Not much else. Have a great day. Let's make money.
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Post by rickag on Jan 5, 2017 4:50:24 GMT -8
Good morning everyone. Europe, the Nikkei and NAS are RED, but there's not a lot of movement this morning. Looks like the market is debating which way to turn. AAPL is RED as well, trading at $115.95 -0.07 (-0.06%). In the news: Apple removes New York Times apps from its store in China stories at CNBC, CNN and others. CNN has Apple invests $1 billion in massive tech fund. Not much else. Have a great day. Let's make money. The forced removal of the NYT's apps is worrisome, China's government is dictatorial and I would say Apple in China is an irritant they tolerate but resent.
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Post by phoebear611 on Jan 5, 2017 5:34:01 GMT -8
Schiller: 2016 was amazing for App Store $240 in App store purchases breaks record
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Ted
fire starter
Posts: 882
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Post by Ted on Jan 5, 2017 6:32:42 GMT -8
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Post by tuffett on Jan 5, 2017 6:38:17 GMT -8
App Store continues to perform extremely well. Good to see the subscription revenue increasing 70% - this is key for the longer term.
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Post by gtrplyr on Jan 5, 2017 8:25:22 GMT -8
Schiller: 2016 was amazing for App Store $240 in App store purchases breaks record Great news .... wish it would translate to a better valuation for our beloved fruit company. Cheers to the longs.
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Post by macster on Jan 5, 2017 9:38:44 GMT -8
Not sure if its normal for being so late in the month. Being naive, I figure its because of the massive sales that mounted up be and impossible task for accounting to meet earlier Q1 release date. Kidding. Apple to reveal fiscal Q1 2017 results on Jan. 31 Apple on Wednesday announced it will on Jan. 31 report quarterly earnings for the first fiscal quarter of 2017, revealing performance metrics for the new iPhone 7 series and the lucrative holiday shopping season. APPLEINSIDER.COM
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Post by Apple II+ on Jan 5, 2017 10:25:13 GMT -8
Not sure if its normal for being so late in the month. Being naive, I figure its ... Apple to reveal fiscal Q1 2017 results on Jan. 31 Jan date furthest from inauguration
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Post by tuffett on Jan 5, 2017 11:48:30 GMT -8
Not sure if its normal for being so late in the month. Being naive, I figure its because of the massive sales that mounted up be and impossible task for accounting to meet earlier Q1 release date. Kidding. Apple to reveal fiscal Q1 2017 results on Jan. 31 Apple on Wednesday announced it will on Jan. 31 report quarterly earnings for the first fiscal quarter of 2017, revealing performance metrics for the new iPhone 7 series and the lucrative holiday shopping season. APPLEINSIDER.COM Chinese New Year is Jan 28. Apple is likely (and understandably) very uncertain about CNY performance and wants to get a better handle on performance before providing guidance. Good move if you ask me, but I am worried about China performance.
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Post by macoz on Jan 5, 2017 12:36:26 GMT -8
Get used to it. Apple wants close if not a full month's worth of Revenue completed before they make a forecast for the quarter. This way their forecast will be very accurate. No more shock and awe. No more misses. Just another boring mature company.
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Post by artman1033 on Jan 5, 2017 19:04:03 GMT -8
Schiller: 2016 was amazing for App Store $240 in App store purchases breaks record App Store Shatters Records on New Year’s Day $240 Million in Customer Purchases Makes Jan. 1, 2017 the App Store’s Busiest Day Ever App Developers Earned $20 Billion in 2016 — Up 40% from 2015 CUPERTINO, California — January 5, 2017 — Apple® today announced that the App Store® welcomed 2017 with its busiest single day ever on New Year’s Day, capping a record-breaking holiday season and a year of unprecedented developer earnings and breakout app hits. In 2016 alone, developers earned over $20 billion, up over 40 percent from 2015. Since the App Store launched in 2008, developers have earned over $60 billion, creating amazing app experiences for App Store customers across iPhone®, iPad®, Apple Watch®, Apple TV® and Mac®. Those efforts helped kick off 2017 with a remarkable start, making New Year’s Day the highest single day ever for the App Store with nearly $240 million in purchases. “2016 was a record-shattering year for the App Store, generating $20 billion for developers, and 2017 is off to a great start with Jan. 1 as the single biggest day ever on the App Store,” said Philip Schiller, Apple’s senior vice president of Worldwide Marketing. “We want to thank our entire developer community for the many innovative apps they have created — which together with our products — help to truly enrich people’s lives.” Customers broke all-time records this holiday season with purchases from the App Store topping $3 billion in December. In the same month, Nintendo’s Super Mario Run made history with more than 40 million downloads in just four days after its release, and was the most downloaded app globally on Christmas Day and New Year’s Day. Super Mario Run is also among last year’s top 10 most downloaded apps worldwide, with Pokémon Go taking the top spot. Pokémon Go, a beloved game from Niantic, quickly became a cultural phenomenon in mid-2016. Prisma, Reigns, Procreate, Lumino City, Sweat With Kayla and djay Pro, from some of Apple's independent developers, were among the most successful apps for iPhone, iPad, Apple TV, Apple Watch and Mac, respectively. The App Store offers 2.2 million apps in total, up over 20 percent from last year. With the App Store available in 155 countries, Apple’s customers have access to millions of apps to make their lives easier, enrich their passions and connect with people from all around the world. The App Store’s top-grossing markets include the US, China, Japan and the UK, with China experiencing record year-over-year growth at an incredible 90 percent. The global impact of the App Store was captured this past year with two campaigns — Apps for Earth and Games for (RED). In partnership with the World Wildlife Fund and (RED), customers were empowered to make a difference, helping to protect life on our planet and join the fight against AIDS. The custom content created by each campaign’s participating developers helped raise over $17 million in total for the two organizations. With the introduction of iMessage® apps and SiriKit in iOS 10, developers created exciting new types of app experiences. iPhone and iPad customers now have access to over 21,000 iMessage apps to send stickers and easily collaborate with friends, and for the first time ever, users can ask Siri® to book rides, make payments, return a call and more. Since subscriptions became available across all 25 app categories this fall, including Games and Kids, customers can subscribe to their favorite services from over 20,000 apps, with Netflix, HBO Now, Line, Tinder and MLB.com At Bat among last year’s most popular. iPhone and iPad customers grew the App Store’s subscription billings significantly in 2016, to $2.7 billion, up 74 percent from 2015. www.apple.com/pr/library/2017/01/05App-Store-Shatters-Records-on-New-Years-Day.html
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Post by sponge on Jan 5, 2017 20:36:10 GMT -8
All very good numbers.
However if services grow an average of 15% a year for the next 7 years, it would still only make up 20% of revenue based on 5% average growth.
Services will drive hardware and hardware companies get 10-14 p/e after they mature.
That's why the stock did not move much after the news.
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Post by mace on Jan 5, 2017 21:05:11 GMT -8
All very good numbers. However if services grow an average of 15% a year for the next 7 years, it would still only make up 20% of revenue based on 5% average growth. Services will drive hardware and hardware companies get 10-14 p/e after they mature. That's why the stock did not move much after the news. Could be a delayed response. 2mrw or next week might see good action.
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