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Apple Beats Sales Estimates Amid Reports of Poor Demand For iPhone X (bloomberg.com)
Apple today reported revenue and profit that beat analysts' estimates and projected continued sales momentum. The results come amid reports that demand for its flagship iPhone X have fallen. Bloomberg reports: Apple revenue rose 16 percent to $61.1 billion in the fiscal second quarter. That was the fastest growth in more than two years. Profit came in at $2.73 a share, the company said Tuesday in a statement. Analysts expected sales of $60.9 billion and earnings per share of $2.64, according to data compiled by Bloomberg. Fiscal third-quarter revenue will be $51.5 billion to $53.5 billion, also ahead of Wall Street forecasts.
Apple sold 52.2 million iPhones in the fiscal second quarter, up 2.9 percent from a year earlier. Analysts had projected of 52.3 million, on average, although some investors expected fewer units. The average selling price was $728, versus analysts' expectations of $740. That suggested the flagship iPhone X didn't perform as well as some anticipated when it launched last year. Earlier this year, Chief Financial Officer Luca Maestri said iPhone revenue would grow by at least 10 percent year-over-year in the fiscal second quarter. Apple easily hit that goal, with 14 percent iPhone revenue growth in the period.
Apple sold 52.2 million iPhones in the fiscal second quarter, up 2.9 percent from a year earlier. Analysts had projected of 52.3 million, on average, although some investors expected fewer units. The average selling price was $728, versus analysts' expectations of $740. That suggested the flagship iPhone X didn't perform as well as some anticipated when it launched last year. Earlier this year, Chief Financial Officer Luca Maestri said iPhone revenue would grow by at least 10 percent year-over-year in the fiscal second quarter. Apple easily hit that goal, with 14 percent iPhone revenue growth in the period.
Ha ha! You morons fall for trumped-up reports of Apple sales declines like EVERY QUARTER so the short sellers can cash in.
The amusing thing is, the Apple Haters of Slashdot act as a tool of the wealthy elite.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
... and they're very good a taking as much as they possibly can and giving as little back as possible. I'd settle for an Apple that plays better with others and allows its customers freedom of choice. Needless to say but I'm not holding my breath. BTW, my next phone won't be an iphone.
Trump has ushered in a new Golden Age. All hail Emporer for Life, Trump!
> the flagship iPhone X didn't perform as well as some anticipated
iPhone X failure - with it's price tag and ridiculous notch is probably what Apple is going to tweak next. Their expected "new" line of *cheaper* phones, support contracts and accessories (like the Airpod) will help Apple continue to fleece their customers. Battery issues will also help drive up sales...
1. Samsung's flagship phone is priced within $50 of the iPhone X.
2. Apple's notch is not "Ridiculous"; because it is there for a purpose. what is TRULY "Ridiculous", however, is all the Android phones that slavishly COPIED Apple (yet again!) and their "Ridiculous" Notch, even though they don't actually NEED it!
3. Say what you will about Apple's battery performance; but at least they never got their battery-operated products banned from airplanes...
They have god knows how much money stored on Islands, about to do record stock buy backs, there is a decline in smartphone sales. Just before the 2008 crisis fraud spiked, would it be out of the realm of possibility that this just isn't true, how would we know?
And require you to use the Samsung version of android which is a piece of shit. Also you will not get updates after a year. No value there at all.
It may not be ridiculous, but I was watching that keynote in a room full of Apple fans, and the number of "what the f**k" reactions was telling. The word that kept coming up over and over was "ugly".
What was ridiculous was not the notch so much as the fact that the product seemed to have clearly been rushed to market to hit a deadline. They shipped with that ugly notch because they couldn't get the fingerprint-through-the-screen tech in quantities soon enough, and if they had waited just a few months, they could have shipped the product they really wanted to ship, rather than watching as the rest of the industry made it happen a few months later.
And I say that as somebody who has used Apple hardware almost exclusively since the mid-1980s. If S.J. (requiescat in pace) were still alive and running things, I'm absolutely certain that he would have thrown it across the room and said, "This is the ugliest f**king piece of s**t I've ever seen. We're not shipping it until you find a way to get rid of that f**king notch," except that he probably would have used a greater number and variety of swear words.
Just saying.
Check out my sci-fi/humor trilogy at PatriotsBooks.
The headline says that Apple "beat sales estimates". I don't have a calculator handy, but I believe 52.2 million is less than the projected 52.3 million.
You are welcome on my lawn.
> the flagship iPhone X didn't perform as well as some anticipated
iPhone X failure - with it's price tag and ridiculous notch is probably what Apple is going to tweak next. Their expected "new" line of *cheaper* phones, support contracts and accessories (like the Airpod) will help Apple continue to fleece their customers. Battery issues will also help drive up sales...
1. Samsung's flagship phone is priced within $50 of the iPhone X.
2. Apple's notch is not "Ridiculous"; because it is there for a purpose. what is TRULY "Ridiculous", however, is all the Android phones that slavishly COPIED Apple (yet again!) and their "Ridiculous" Notch, even though they don't actually NEED it!
3. Say what you will about Apple's battery performance; but at least they never got their battery-operated products banned from airplanes...
The sad truth is... that ALL Android manufacturers AND Apple... are making a mockery and a fool of themselves and their customers...
And for what? To please the absolute dumbest people they can find, because they are trying to appeal to as many people as possible...
Technology has ceased to be a tool and has become fashion instead... to hell with actual usefull functions, what matters are milking customers to the extreme AND to put whatever is HIP right here and now in to the next product ... a sad state of affairs if you ask me...
It makes me sad and frankly a little bit sick...
The S6 still gets updates in Europe.
I do agree that Samsungs android version is shit though, wouldn't touch that with a 10-foot pole.
Why are you lying?
1. The S9+ 64GB model is 888EUR, the iPhone X 64GB is 1056EUR a difference of 168EUR close to $200USD from Vodaphone. The price gap is the same from electronics stores. From the electronics stores the S9+ 256GB model is 1049EUR vs the iPhone X 256GB being 1319EUR, a difference of 270EUR!
But that's just EU. I hear you man! The S9+ 64GB is $799 in the US, the iPhone X 64GB is $999 a difference of $200USD
2. Ridiculous is in the eye of the beholder. What is not is calling it "Apple's Notch". It's a "notch" period. It is ridiculous on the iPhone X, and it was ridiculous on the 2 android phones which introduced BEFORE Apple copied it. But it's amazing that Apple "needs" the ridiculous piece of shit while Android doesn't. You just gave props to Android. Bad FakeTimCook, Bad.
3. No Android phone on the market is banned from airplanes. There were phones that were recalled in a panic resulting in users not only being $0 out of pocket, but actually getting a significant discount on a replacement phone. All Apple users get is a middle finger, and they LOVE IT!
The sad truth is... that ALL Android manufacturers AND Apple... are making a mockery and a fool of themselves and their customers...
And for what? To please the absolute dumbest people they can find, because they are trying to appeal to as many people as possible...
Technology has ceased to be a tool and has become fashion instead... to hell with actual usefull functions, what matters are milking customers to the extreme AND to put whatever is HIP right here and now in to the next product ... a sad state of affairs if you ask me...
It makes me sad and frankly a little bit sick...
Another sad truth is that parents buy breakfast cereal for their kids, ruining their health. But that's how it is, companies make what they can sell, not necessarily what's good for humanity. But I think you are being a bit harsh on Apple. TouchID does go a long way to solving a problem: a way to help people keep their phones more secured whilst not relying on passwords. And likewise, FaceID is better than asking people to type in complex pass phrases. And actually, you can, if you look, find a lot of useful functionality. The trouble is, as you say, they gotta keep selling stuff, and often it is useless crap that sounds fashionable but doesn't do anything much worthwhile. Big energy companies went that route with wind farms, for example. Sounds great, so now people continue to make excuses to try to explain away why, actually, it is terrible in practice. Technology, society, culture, beliefs, fashions. Fortunately, you don't have to be totally depressed about it. I like the argument that innovation is an evolutionary process, in that, you CANNOT truly know in advance whether something will be useful or not. So you just have to let everyone, even greedy companies, experiment. Then wait twenty or fifty years and see how things turn out. Eventually, crap does get dropped. The thing many people forget is that the process of self-correction can take many decades. But it is largely unavoidable. Correction takes a long time.
They are, which is why Apple is the 5th best selling phone in China !
<p>2. Apple's notch is not "Ridiculous"; because it is there for a purpose. what is TRULY "Ridiculous", however, is all the Android phones that slavishly COPIED Apple (yet again!) and their "Ridiculous" Notch, <i>even though they don't actually NEED it!</i></p></quote>
The first phone with a notch was..... an Android phone: the Essential Phone was announced in May 2017, a few months before the X.
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The world is divided in two categories:
those with a loaded gun and those who dig. You dig.
Where was the supercycle on the promised iphone X on the back of it copying Androids full screen designs? The phone that is the defining phone for the next 3 years. It turns out it is no iPhone 4; Which earned Apple its Premium label, or the iPhone 6; copying other Manufactures bigger and growing Androids screens.
It turns out copying 2011's Googles Nexus one's lackluster feature of facial recognition is still lackluster 7 years on. They should drop it like 3D touch.
Its all a bit MEH; Selling LESS phones for MORE (markup) money in a climate where Xiaomi caps its profit margin at 5%.
The one in my pocket is a Xiaomi at 15% of an iPhoneX with an SDCard, IR Blaster, Headphone Jack, FingerPrint Reader, and a Massive Battery that won't half its speed in a years time.
The new Apple are actively marketing at Android users with a strategy of a tiny cheaper but still poor value iphoneX(SE2?) when my phone still costs a fraction of the cost when my screen is 6.4". Is that going to be a supercycle or a bit MEH.
Being a Tool of the wealthy is buying a Chinese phone with an outdated design, twinned with an outdated first party applications, crippled by removing hardware features, and maintaining none standard hardware features. Then obsoleting the phone with unusable battery and memory and then cutting performance in HALF. At 8 times the price of arguably better products, because of...branding.
At least it was a original by copying the Essential Phones notch...and making it UGLY.
Suck it, Blackberry!
Too Flowery, Didn't Read.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
Apple sold almost exactly the same number of phones as last year. Unless you think they can keep increasing the price of their phones or somehow makeup for the loss of unit growth
I'm curious where you get from "sold the same number" to "loss of unit growth" HUR DE DUR DUR.
What you also skipped over was that selling the same number of phones Apple increased profits over last yer. Why, it's ALMOST like Apple has multiple product lines that are ALSO growing! HUH!
Meanwhile as profit continues to grow year after year, Apple also continues to buy back stock. A combination of slowly growing profits and a shrinking base of stock units held means they are increasing in value, no matter if the market thinks so or not. Meanwhile, plenty of juicy dividends....
"There is more worth loving than we have strength to love." - Brian Jay Stanley
It may not be ridiculous, but I was watching that keynote in a room full of Apple fans, and the number of "what the f**k" reactions was telling. The word that kept coming up over and over was "ugly".
What was ridiculous was not the notch so much as the fact that the product seemed to have clearly been rushed to market to hit a deadline. They shipped with that ugly notch because they couldn't get the fingerprint-through-the-screen tech in quantities soon enough, and if they had waited just a few months, they could have shipped the product they really wanted to ship, rather than watching as the rest of the industry made it happen a few months later.
Uh, the rest of the industry made what happen? To the parents exact point, the only damn thing the rest of the industry did was glue a fucking I-wanna-be-cool-like-Apple notch on the screens of their latest models. Exactly what the fuck did that achieve? Say what you want about the opinions of S.J., but even when Apple loses, they win.
and a far superior operating system.
apple make a bunch of money; boringgg!
Get back to me when they make something new and innovative; like we expect from a tech company.
That's the impressive part.
The first thing Cook said about the iPhones was that the iPhone X was the best seller in all categories of iPhones. And the best seller of iPhone X was the bigger storage option.
That's so disingenious to simply ignore that comment altogether in order to follow the scripted rhetoric your investors are requiring you to say.
2. Apple's notch is not "Ridiculous"; because it is there for a purpose. what is TRULY "Ridiculous", however, is all the Android phones that slavishly COPIED Apple (yet again!) and their "Ridiculous" Notch, even though they don't actually NEED it!
Apple's iPhones are rebranded Samsungs.
The one in my pocket is a Xiaomi at 15% of an iPhoneX with an SDCard, IR Blaster, Headphone Jack, FingerPrint Reader, and a Massive Battery that won't half its speed in a years time.
And likely came pre-installed with Chinese spyware and will never see another security update in its lifetime.
Ironically Unlike your Chinese iPhone Xiaomi is expanding its manufacturing to India so is less likely to Spyware. It also has been excellent at updating with devices having five year updates as well as due to the open nature of Android having third party roms.
The Essential phone was released before the iPhone X was even announced with its notch. So clearly its possible to independently come up with the idea of a notch. Which isn't a genius thing but the only option to when trying to maximize display area.
The 'fingerprint through the screen' rumor was probably never true.
Tech like FaceID is planned a long way in advance; if Apple were ever going to use fingerprint sensing through the screen, it would've been as a stopgap TO FaceID, not as a superior technology to FaceID. Apple's position is that FaceID is better, and for them, it's the future. You can quibble over that if you like, but the interviews and intentions seem clear to me: as soon as FaceID was ready to ship, they wanted to use it.
No doubt that Apple's ultimate goal is to get rid of the notch. There's very little defense of it as anything other than a necessary compromise at the moment. When they can ditch it, you know they will. But I think Jobs would've taken this particular thing in stride. He probably would've played up the notch more, calling it magical and amazing and whatever else...until they were able to get rid of it, and then suddenly reversing course and saying that a hidden camera unit is what they were intending all along. Apple's history is full of times where Jobs talked up something only to abandon it—publicly, on stage—as if he'd never thought it was a good idea.
Fingerprint scanning through the screen. I would have thought that was obvious from the context.
Check out my sci-fi/humor trilogy at PatriotsBooks.
Apple often works with multiple companies in parallel, trying various technologies to decide what they're going to ship. I would be shocked if Apple weren't well aware of it and hadn't been using engineering samples to see how it would work in real devices. Whether they decided to go with it based on incorrectly believing FaceID to be better or because of Qualcomm's production delays, I couldn't say, but my money would be on the latter, because I apparently have more faith in the competence of their security engineers than you do.
It is likely that it would have been used exclusively until they could do FaceID without the notch, but I don't think for a minute that FaceID would have replaced TouchID had it not been for production ramping delays from Qualcomm. FaceID might have been eventually added in parallel, once they solved the notch problem, or maybe not, largely depending on how low they could get the BOM cost.
FaceID really is fundamentally inferior in at least two important ways:
Other than a targeted attack by the sort of third party who would find a way to lift your prints and make a latex finger, there's nothing that FaceID handles better than TouchID, and in most of the common use cases, it is significantly worse. And in the case of a targeted attack by such a third party, they're likely to have their hands on hardware that can crack an iPhone externally anyway, making the differences between TouchID and FaceID moot.
So I strongly disagree that TouchID would be a stop-gap until FaceID was ready, because FaceID can never be ready. At a fairly fundamental level, facial biometrics are trash—even more so than fingerprint biometrics. At best, FaceID would have be added as a way to augment security for specific transactions (e.g. to use Apple Pay, you must use a fingerprint *and* a face match), not as a replacement. That really is the *only* way FaceID makes sense at all. As a replacement, it is downright bizarre.
Check out my sci-fi/humor trilogy at PatriotsBooks.
Apple didn't copy the notch. There wasn't enough time to copy the notch, given the stuff Apple was ordering. The orders for those screens go out well in advance, which is also why any rumors you heard of Apple making this decision at the last moment because they couldn't get fingerprint sensing under the screen to work are also wrong.
Essential did beat Apple to market with a notch first. It was a compromise they wanted to make, and Andy Rubin is no dummy; I'm sure he came to the same conclusion that the design team at Apple did: you can add screen real estate by extending the screen up and around the blocking element, rather than having an unused bezel at the top. I'm sure neither he nor Apple have any intention of keeping the notch any longer than they need to. As soon as the tech exists to embed cameras and dot projectors under a screen, the notch will disappear. But Apple didn't copy this.
2. Apple's notch is not "Ridiculous"; because it is there for a purpose. what is TRULY "Ridiculous", however, is all the Android phones that slavishly COPIED Apple (yet again!) and their "Ridiculous" Notch, even though they don't actually NEED it!
Apple's notch is ridiculous in the sense that they forced app developers to update their code to deal with it. They could have (a) had that display area only available to the OS and handled automatically, or (b) simply not have had the display extend to the left and right of the notch at all and simply have a inactive area around there.
They split the different between the two where it's of marginal use to apps, yet developers have to now deal with it in their code.
The "notch" is necessary because that's where the sensor package is, but the pixels to either side are completely dumb and a useless complication.
Of course copying the notch is just fucking stupid.
That's an impressive lack of self-awareness.
We would like to tell you how many iPhones X Apple sold last quarter,
but I'm afraid we'd have to kill you afterwards. However, iPhone X is still the 'top-notch' model.
The article does reveal that the sales of MacIntosh PCs and laptops shrank slightly and the total number of iPhones sold sluctuates wihout clear up or downwards trend.
"On Tuesday, the company committed to spend an additional $100 billion on share repurchases. That comes on top of an existing $210 billion buyback program to be completed during the fiscal third quarter. Apple also increased its quarterly dividend to 73 cents a share from 63 cents."
There was some actual news in that pieces and it doesn't look too good for Apple.
It may not be ridiculous, but I was watching that keynote in a room full of Apple fans, and the number of "what the f**k" reactions was telling. The word that kept coming up over and over was "ugly".
What was ridiculous was not the notch so much as the fact that the product seemed to have clearly been rushed to market to hit a deadline. They shipped with that ugly notch because they couldn't get the fingerprint-through-the-screen tech in quantities soon enough, and if they had waited just a few months, they could have shipped the product they really wanted to ship, rather than watching as the rest of the industry made it happen a few months later.
And I say that as somebody who has used Apple hardware almost exclusively since the mid-1980s. If S.J. (requiescat in pace) were still alive and running things, I'm absolutely certain that he would have thrown it across the room and said, "This is the ugliest f**king piece of s**t I've ever seen. We're not shipping it until you find a way to get rid of that f**king notch," except that he probably would have used a greater number and variety of swear words.
Just saying.
I agree that Fixed "Release Schedules" are the antithesis of good products. Everyone does it to some extent; but when it becomes the MAIN driving-force in determining when a product is "done", that is almost never a good thing.
Having said that, Apple really had no idea how quickly the "Fingerprint through Display" would get working reliably (wasn't the issue a matter of "yield"?); so at some point (and that "point" is WAY far back in time, when you are talking to a Contract Manufacturer with their own Logistics Chain), you just have to "fish or cut bait".
So, you MIGHT want to think about the position that Apple was in. The "optics" of SIGNIFICANTLY delaying a product with as much attention paid to it as the iPhone has, makes that less and less desirable, and at some point, no amount of swearing, "throwing things against the wall, firing and other counter-productive histrionics (S.J. RIP!) can help to change the course of things.
I note, BTW, that NO ONE but "Vivo" has YET to display a (supposedly) PRODUCTION-READY Fingerprint-through-Display solution (and the announcement of Production is just NOW, at the time of this Posting, only 6 hours old). So how long should Apple have waited? Can you IMAGINE the hand-wringing and unmitigated Apple Hate that would have been spewed-out on the intarwebs since last SEPTEMBER if Apple had delayed the iPhone X until MAY?!?
BTW, notice that the through-display Fingerprint Sensing Vivo X21 ACTUALLY HAS APPLE'S "RIDICULOUS" NOTCH?!?
https://www.cnet.com/news/vivo...
WTF is THAT for?!?
I rest my case.
Why are you lying?
1. The S9+ 64GB model is 888EUR, the iPhone X 64GB is 1056EUR a difference of 168EUR close to $200USD from Vodaphone. The price gap is the same from electronics stores. From the electronics stores the S9+ 256GB model is 1049EUR vs the iPhone X 256GB being 1319EUR, a difference of 270EUR!
But that's just EU. I hear you man! The S9+ 64GB is $799 in the US, the iPhone X 64GB is $999 a difference of $200USD
2. Ridiculous is in the eye of the beholder. What is not is calling it "Apple's Notch". It's a "notch" period. It is ridiculous on the iPhone X, and it was ridiculous on the 2 android phones which introduced BEFORE Apple copied it. But it's amazing that Apple "needs" the ridiculous piece of shit while Android doesn't. You just gave props to Android. Bad FakeTimCook, Bad.
3. No Android phone on the market is banned from airplanes. There were phones that were recalled in a panic resulting in users not only being $0 out of pocket, but actually getting a significant discount on a replacement phone. All Apple users get is a middle finger, and they LOVE IT!
1. I'm not lying. I'm talking MSRP. Not some Carrier's LOSS-LEADER or "Special Pricing" Pricing!
2. Can you express that thought in a COHERENT fashion? You flip-flopped the "blame" at LEAST twice! Oh, and BTW, the new "Vivo X21" with INTEGRATED FINGERPRINT SENSOR, ALSO has the "Notch". So now it's at least THREE (and one (Vivo) that REALLY doesn't "need" it!).
3. The "Panic" was pretty damned realistic, when there is VIDEO of a phone CATCHING ON FIRE ON A PLANE!!!
https://www.youtube.com/watch?...
Oh, and apparently, that wasn't the FIRST TIME:
https://www.youtube.com/watch?...
https://www.youtube.com/watch?...
<quote>
<p>2. Apple's notch is not "Ridiculous"; because it is there for a purpose. what is TRULY "Ridiculous", however, is all the Android phones that slavishly COPIED Apple (yet again!) and their "Ridiculous" Notch, <i>even though they don't actually NEED it!</i></p></quote>
The first phone with a notch was..... an Android phone: the Essential Phone was announced in May 2017, a few months before the X.
So, that just begs the question: Why is the "Notch" ONLY "Ridiculous" when Apple uses it?
That's an impressive lack of self-awareness.
Not as impressive as your reading comprehension skills. Or do you want to point me to an Android phone on the market that is banned from airplanes?
1. I'm not lying. I'm talking MSRP. Not some Carrier's LOSS-LEADER or "Special Pricing" Pricing!
Epic fail. None of the prices I listed were special, discounted, or loss leading. Sure looking up the S9+ at walmart made it a whole $20 cheaper than the MSRP listed on Samsung's website, but that doesn't fundamentally change that you either were lying or have absolutely zero clue about what you were talking about. Even with your saving grace of saying MSRP you're either doubling down on the lies or doubling down on the ignorance.
2. Can you express that thought in a COHERENT fashion? You flip-flopped the "blame" at LEAST twice!
Okay I'll make it simple for you: Apple copied Android, other Androids copied other Androids too. If you want it even more simple then just repeat it using a retarded voice.
3. The "Panic" was pretty damned realistic, when there is VIDEO of a phone CATCHING ON FIRE ON A PLANE!!!
Oh you're talking about the Galaxy Note. Well like I said, no phone on the market is banned from an aircraft.
Fuck dude, you need to chill the fuck out and not have your world revolve around defending Apple. You're going to stress out your heart, or something. Sometimes, you come off a little apk-ish. (Everyone should agree that the notch is ridiculous, period. Full. Stop.) Thegarbz said above, "2. Ridiculous is in the eye of the beholder. What is not is calling it "Apple's Notch". It's a "notch" period. It is ridiculous on the iPhone X, and it was ridiculous on the 2 android phones which introduced BEFORE Apple copied it. "
Fingerprint scanning through the screen. I would have thought that was obvious from the context.
Yeah, there clearly was a phone rushed to market to meet a deadline (CES) - and you just linked to it.
Of course news about a fake are Fake News.
Correction: Synaptics, not Qualcomm. My bad.
Check out my sci-fi/humor trilogy at PatriotsBooks.
Not as impressive as your reading comprehension skills. Or do you want to point me to an Android phone on the market that is banned from airplanes?
So they pulled an Android phone from the market because it was banned from airplanes (among other things) - and that proves the whole thing never happened? Hello, Mr. President.
Of course news about a fake are Fake News.
So we can add willful obtuseness and pedantry to your lack of self-awareness. No "iPhone on the market" has antenna issues but that wouldn't stop you from whining about "holding it wrong".
Nobody copies Apple! Well, HTC seems to pretend their next big thing is made of iPhone 6 parts
Of course news about a fake are Fake News.