04-24-2014, 07:12 AM
04-24-2014, 12:58 PM
Handy metrics from yahoo:
Let's get right to the big numbers everyone cares about:
- Revenue: $45.6 billion, up 4% year over year, versus $43.6 billion expected by analysts.
- EPS: $11.62, up 15% year over year, versus $10.16 expected by analysts.
- iPhones: 43.7 million, up 17% year over year, versus 37.7 million expected by analysts.
- iPhone ASP: $596 versus $610 expected by analysts.
- iPads: 16.35 million, down 16% year over year, versus 19.7 million units expected by analysts.
- iPad ASP: $465 versus $430 expected by analysts.
- Macs: 4.1 million versus 4.03 million expected by analysts.
- iPods: 2.76 million versus 2.99 million expected by analysts.
- Gross Margin: 39.3% versus 37.7% expected by analysts.
- Q3 Revenue: $36 billion to $38 billion versus $38.1 billion expected by analysts.
- Apple also announced a 7-for-1 stock split, and an increase in its buyback program and dividend.
APPLE BEATS ON EARNINGS, ANNOUNCES STOCK SPLIT; STOCK EXPLODES HIGHER - Yahoo Finance
Can they keep this up? The iPads come in weak but the iPhone is still rocking (and is more important for Apple). Overall revenue growth at 4% isn't terribly impressive, where is new revenue growth going to come from? A larger iPhone, for sure, but apart from that, they need new products, IMHO.
04-25-2014, 12:46 AM
Becky and I both own I Phones BUT with a larger screen most I Phone users would up grade, including us. Look at the user base and an upgrade cycle would be massive. A mere 43 million sold just last quarter. Add in wearable's or Apple TV innovations, or other ideas if they come would be further catalysts. Weakness before the stock split and we will be adding. Last stock purchase below $400 a share. With 3.29 % dividend we get paid to wait. Better than cash. Don't forget Carl Icahn and look at his track record..
04-25-2014, 03:06 AM
'jft310' pid='42482' datel Wrote:Becky and I both own I Phones BUT with a larger screen most I Phone users would up grade, including us. Look at the user base and an upgrade cycle would be massive. A mere 43 million sold just last quarter. Add in wearable's or Apple TV innovations, or other ideas if they come would be further catalysts. Weakness before the stock split and we will be adding. Last stock purchase below $400 a share. With 3.29 % dividend we get paid to wait. Better than cash. Don't forget Carl Icahn and look at his track record..
Yes, agree with the larger iPhone (it's also supposedly to become even thinner) and that there is little downside in the shares (especially with a whopping $90B buyback program..), but I'm not so sure about any other big revenue growth opportunities. It's simply not reasonable to expect them to come out with revolutionary products every 2-3 years, even if Steve Jobs was still alive. You gotto love the company though, or at least admire it. They're still the benchmark in smartphones and tablets.