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Businesses Desktops (Apple) Iphone The Almighty Buck United States Apple

Apple Reports Strong Third-Quarter Results (cnbc.com) 65

Posted by BeauHD from the uphill-climb dept.
Apple reported strong third-quarter results Tuesday, posting big beats on earnings per share and average iPhone selling price. CNBC highlights how Apple did compared with Wall Street projections: EPS: $2.34 vs. $2.18, according to Thomson Reuters consensus estimates
Revenue: $53.3 billion vs. $52.34 billion, according to Thomson Reuters consensus estimates
iPhone sales: 41.3 million vs. 41.79 million, according to StreetAccount Apple reportedly sold 41.3 million iPhones in the last quarter and 11.55 million iPads, both beating estimates. The average selling price of iPhones last quarter was $724, versus the expected $693.59. Apple also sold 3.7 million Mac computers.

Apple's services revenue accounted for just 15 percent of Apple's total revenue for the second quarter, but CNBC notes that it's "been outpacing iPhone revenue growth for several quarters." The company hopes to double services revenue to more than $14 billion a quarter by 2020. Looking forward, all eyes will be on the next iPhone. Apple is expected to launch new iPhone models at the end of the quarter, in mid-September.
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Apple Reports Strong Third-Quarter Results More

Apple Reports Strong Third-Quarter Results

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  • Re: (Score:1, Troll)

    by account_deleted ( 4530225 )
    Comment removed based on user account deletion

  • Not sure why this is a surprise (Score:5, Interesting)

    by SuperKendall ( 25149 ) on Tuesday July 31, 2018 @05:16PM (#57044584)

    Apple beats earrings most quarters, because while other phone makers focus on adding more notches to phones or producing big budget ads to mock the iPhone, Apple keeps quietly incrementally improving products across the board and making devices better and better... even older devices people already own.

    Apples strategy of constantly improving even old devices is finally starting to pay off as after several years users are bound to update anyway, so if you keep them happy that whole time they will naturally move on to another Apple product.

    Of course the results are helped a lot by the iPhone X which is currently way more usable than other phones thanks to FaceID and removing the home button. Really looking forward to seeing iPad sales surge again when those technologies reach the iPad.

    • Apples strategy of constantly improving even old devices is finally starting to pay off as after several years users are bound to update anyway, so if you keep them happy that whole time they will naturally move on to another Apple product.

      Or, as the Slashtards spin it: Vendor Lock-in.

      (rolls eyes)

      • Or, as the Slashtards spin it: Vendor Lock-in.

        The thing is it's not lock in. No amount of vendor lock-in will keep you buying new systems if you've had a bad experience.

        Yes Apple makes it pleasant to stay within their ecosystem but so does everyone, and it simply doesn't matter own a world where apps are dirt cheap and photos can be easily moved.

        The reason people go to Apple for new products is generally not because of lock-in, but because Apple has not pushed them away from making the natural choice to st

        • Or, as the Slashtards spin it: Vendor Lock-in.

          The thing is it's not lock in. No amount of vendor lock-in will keep you buying new systems if you've had a bad experience.

          Yes Apple makes it pleasant to stay within their ecosystem but so does everyone, and it simply doesn't matter own a world where apps are dirt cheap and photos can be easily moved.

          The reason people go to Apple for new products is generally not because of lock-in, but because Apple has not pushed them away from making the natural choice to stay with a product line they have been using. How are non-technical people supposed to feel about a phone that doesn't receive updates any more after a year or so? Wouldn't they be more likely to consider some other brand?

          You're preachin' to the choir, man!

          But I like your Sermon... ;-)

      • Being that most of the critical software nowadays is actually on the Web. There isn't much vendor lock in anymore. There may be some titles which are too expensive to move to a different platform, and custom stuff that a business may need. But for much of it now. There is much less vendor lockin then their was 20 years ago.
        Apple has not pulled a Microsoft. They may be bigger but, we don't feel like we are stuck on their products. There are active competitors out there, And we can switch if we feel li

        • Depends what kind of user you are. For simpleton users, there is no lock-in. For me, I have quite a bit of lock in because I rely on quite a few important apps. I'm also locked in by iTunes, Macs, iPads, AirPods, AppleTV and other things. Sure I could move, but the number of comfortable things I'd have to replace is painful to think about once I start thinking about all of it.

          • I'm also locked in by iTunes, Macs, iPads, AirPods, AppleTV and other things

            How though?

            Most people just subscribe to music services now. So even if you subscribed to Appel Music, you could just move to Spotify. If you have audio files you can transfer them to anything.

            AirPods will work with any bluetooth device.

            AppleTV is pretty standalone, and you can AirPlay to it from a variety of sources, including PC's and Android devices.

            A lot of apps are not Apple only these days as well...

            I'm not sure there is as

          • Depends what kind of user you are. For simpleton users, there is no lock-in. For me, I have quite a bit of lock in because I rely on quite a few important apps. I'm also locked in by iTunes, Macs, iPads, AirPods, AppleTV and other things. Sure I could move, but the number of comfortable things I'd have to replace is painful to think about once I start thinking about all of it.

            That's not "Lock-In" you stupid toad! That's liking a better product!

            Jeezus.

    • Winning the battle but losing the war [statcounter.com]? iPhone market share continues to slide, and that WILL eventually catch up with them. We already see companies dropping support for Macs because the user base is too small [slashdot.org] to justify development costs. As the iPhone heads towards single-digit market share, it will start to suffer the same thing.

      • Re: (Score:1)

        by Anonymous Coward

        Clearly bullshit. Market share hasn't meant anything. Apple takes most of the mobile profit. Android phones have such low margins and Android owners rarely pay for apps.

        So - fuck off with you cheap analysis made without any knowledge of the market or the players.

      • Winning the battle but losing the war [statcounter.com]? iPhone market share continues to slide,

        Upwards. You are dumb as shit as always, Slimewood Cockchoke. Marketshare means sales, not usage share on a few selected sites, you shithead. Words have meanings, your name means eternal moronic shitheel.

      • And of course Autodesk isn't getting out of the Mac software business because the Mac user base is too small (it's much bigger then when they got in), it's because Mac user don't buy their overpriced and overrated products (unlike morons with a PC), going for better alternatives instead.

      • Growing the market by selling $20 android phones in the Congo is not meaningful market share gains. It's imaginary gains.

    • Apple beats earrings most quarters, because blah blah blah

      No. Apple beat earnings this quarter for exactly one reason: The 41.3 million iPhones shipped during the third quarter is basically flat from the year-ago period, but the ASP of $724 is a notable jump from the year-ago period. [cnbc.com] In otherwords, squeezed more money from each brain-damaged Apple cultist. with only one possible result: Apple's 17% slice of the smartphone pie will get smaller.

      Not that I can really think of any other way for AAPL to keep its share price flying high. But anybody who isn't high on Ap

      • Apple beats earrings most quarters, because blah blah blah

        No. Apple beat earnings this quarter for exactly one reason: The 41.3 million iPhones shipped during the third quarter is basically flat from the year-ago period, but the ASP of $724 is a notable jump from the year-ago period. [cnbc.com] In otherwords, squeezed more money from each brain-damaged Apple cultist. with only one possible result: Apple's 17% slice of the smartphone pie will get smaller.

        Not that I can really think of any other way for AAPL to keep its share price flying high. But anybody who isn't high on Apple Kookaid can see where it goes.

        While the Android makers continue to lose money, selling less and less of their crappy phones, instead of staying flat. That's the wrong kind of winning, you dumbass.

        • While the Android makers continue to lose money, selling less and less of their crappy phones, instead of staying flat. That's the wrong kind of winning

          Why would an Apple asshole care what kind of winning the Android phone makers are doing? (Rhetorical question.)

          Even if it were true that Android makers are losing money, which it isn't. High end Android phones have big fat margins just like Apple's products. Low end Android phones like the ones that are flooding India are certainly not loss leaders. The makers make them because it makes them make money, see? Even an Apple asshole like you should be able to see that. (BTW, if you don't want to be called an a

    • Apple keeps quietly incrementally improving products across the board and making devices better and better..

      Is that what you call the bar that replaced the escape key? An improvement?

    • The economy is currently still strong, so people are able to buy things they wanted but couldn't afford. Heck I just got myself a new laptop (not a mac though) But I was living with an under powered laptop for a while now so I needed an upgrade, my personal economy is currently in good position so I got myself one. Being that the economy is currently good, I expect other people made the decision to upgrade the tech.
      Apple like it or not, is really the standard that others compare themselves too. So my ne

  • Of course while Apple continues to charge outrageous prices for larger SSDs , people will opt for smaller cheaper machines. This encourages users to pay a few $$ a month for larger iCloud Storage

    • Of course while Apple continues to charge outrageous prices for larger SSDs , people will opt for smaller cheaper machines.
      This encourages users to pay a few $$ a month for larger iCloud Storage

      I wouldn't use iCloud for Backup of a Mac with lots o' storage (I would personally use a local Time Machine drive IN ADDITION TO a $5/mo UNLIMITED BackBlaze account as a redundant, always available everwhere/everywhen OFFSITE backup for a Mac); but for sharing photos, media files, and other stuff (including auto-backup of your iOS devices), $10/mo for 2 TB that you can share with your family (only $3/mo for 200 GB shareable) is not onerous at all.

      • $5 per month for unlimited sounds pretty good, actually.

        I currently backup to a network drive and periodically sync that to an offline drive.

        How long do they maintain backups? Can I store other things (not just their backups)? For example, can I use my current software and just point it at BlackBlaze?

        • A better solution is to use Amazon Glacier for backups. $0.004 per gigabyte per month.

          • A better solution is to use Amazon Glacier for backups. $0.004 per gigabyte per month.

            So, at 1 TB, it is roughly equivalent to the cost of BackBlaze (which can go lower with a longer committment), with none of the other amenities (30-day versioning, mailed Restore drive, zero-conf backup s/w included, support, etc.). Not to mention the fact that Retrieval times SUUUUCK!

            "Amazon Glacier provides three retrieval options to fit your use case. Expedited retrievals typically return data in 1-5 minutes, and are great for Active Archive use cases. Standard retrievals typically complete between 3-5 h

        • $5 per month for unlimited sounds pretty good, actually.

          I currently backup to a network drive and periodically sync that to an offline drive.

          How long do they maintain backups? Can I store other things (not just their backups)? For example, can I use my current software and just point it at BlackBlaze?

          And if you pop for a year, it's $50, and $95 for 2 years, which works out to a measly $3.95/mo for UNLIMITED storage!
          I am not sure about data retention. I assume it is perpetual. They advertise on their site that you can even retrieve VERSIONS of Files for up to 30 days, which is kind of cool (like a temporary Time Machine thing!). Plus there is a mobile app to access files on iOS or Android. And a Web Client for remote access, too. So, in a way, you could certainly use that as a type of "Cloud Storage". Ju

  • as long as these great results keep going, Apple isn't going to change their strategy and all you people complaining about connectivity options, the decrease in build quality and increase in buggy software are just ignored.

    • Re: (Score:2)

      by joh ( 27088 )

      as long as these great results keep going, Apple isn't going to change their strategy and all you people complaining about connectivity options, the decrease in build quality and increase in buggy software are just ignored.

      Just that hardly anyone of those people complaining would buy a Mac anyway. You can't blame Apple for making what the people buy who buy Apple devices instead.

      (And I agree that Apple has screwed up quite a bit in the last years, the drop in Mac sales is clearly due to them not offering what people want to buy, like reliable keyboards...)

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