1x Aapl Discussion Threads

[chopsy] 27/7/2023 15:57

Close to ath. Targeting $200.

[chopsy] 06/6/2023 07:45

Pity about the close. Ah well, the rsi is overbought, wait for the next surge to get closing ath.

[chopsy] 05/5/2023 21:50

My annual dividend is now half my original investment. I only wish I had put 10x more in, in the first place, around 20 years ago.

[chopsy] 05/5/2023 16:16

Another great set of results.

[srichardson8] 23/1/2023 17:54

Does this have anything to do with AAPL, surely the purpose of this blog?

[spob] 28/1/2022 04:17

Apple’s revenue hits another record as it navigates supply chain crunch
iPhone maker’s earnings top expectations after chip shortages do less damage than feared


Patrick McGee in San Francisco 4 hours ago



Apple posted record revenue of $123.9bn in the fourth quarter of 2021, an 11 per cent gain from a year before as its services business expanded and chip shortages were largely confined to iPad sales.

The iPhone and computer company’s net profit in the last three months of the year jumped 20 per cent to $34.6bn, well above forecasts of $31.1bn. Revenue surpassed analysts’ expectations of $119bn and the $111.4bn reported a year earlier.

Apple’s stock jumped 5 per cent after the release of its results late on Thursday.

Finance chief Luca Maestri told the Financial Times the supply chain problems plaguing broad swaths of the economy cost Apple “more than $6bn” in revenue, a similar amount to the prior quarter. Investors had anticipated the supply headwind to be closer to $10bn based on the company’s previous comments.

Maestri said supply chain concerns were being resolved, adding: “We expect to set a March quarter revenue record and we expect to grow revenue solidly on a year-over-year basis.”

The Cupertino-based tech giant, which briefly attained a market value of $3tn this month, said the iPhone accounted for 58 per cent of total revenues, rising 9 per cent from a year ago to $71.6bn. Analysts had expected $67.4bn in sales.

“The top five selling smartphones in the US and Australia were all iPhones,” Maestri said. “The top four in urban China were all iPhones.”

Revenues in China climbed 21 per cent to $25.8bn, while sales in the Americas rose 11 per cent to $51.5bn and sales in Europe climbed 9 per cent to $29.7bn. Japan was the only soft spot, with sales falling 14 per cent to $7.1bn; sales in the rest of Asia climbed 19 per cent to $9.8bn.

According to research group Counterpoint, Apple’s smartphone shipments in China were up 32 per cent from a year earlier to 50m units, taking the top spot from Huawei after US sanctions throttled component shipments to the Chinese group.

Asked if Apple needed to overhaul its supply chain at all, chief executive Tim Cook said: “I think our supply chain actually does very good considering the shortages.

“It’s a fast-moving supply chain, cycle times are short, there’s very little distance between a chip being fabricated and packaged and going out the factory. So I don’t see it makes [for] a fundamental change in the supply chain.”

Revenue from the services unit, which houses the App Store and digital media purchases, jumped 24 per cent to $19.5bn, above forecasts for a 19 per cent gain. Operating margins for the segment rose to 72.4 per cent, almost double the 38.4 per cent margin on products.

“We have great momentum around paid subscriptions — we now have more than 785m paid subscriptions on our platform,” Maestri said. “That’s 165m up in the last 12 months alone.”

The wearables unit that sells the Apple Watch and AirPods logged a 13 per cent rise in revenue to $14.7bn. Mac sales rose 25 per cent to $10.9bn.

iPad sales were the only category to decline, as Apple prioritised components for the iPhone. Sales of the tablet fell 14 per cent to $7.2bn.

[chopsy] 27/12/2021 07:49

Yahoo finance have an active discussion board, I must look up my login for that site. You say $3tn MCap, they say share price $200 to 250. That's a lot more. Maybe another split in the not too distant future. AR does not turn me on but se la vie.

[diku] 15/12/2021 21:38

The target is to get Apple to $3 trillion market cap...they play with big numbers...

[chopsy] 15/12/2021 21:37

That's some intraday reversal. Wild markets. But I guess some consolidation is due.

[chopsy] 10/12/2021 23:04

Wow, some finish! 179.5!

[chopsy] 10/12/2021 17:20

Touched 177, ath again

[chopsy] 08/12/2021 18:53

Ath again!

[chopsy] 07/12/2021 17:01

Yes, ath OK!

[diku] 07/12/2021 15:51

They targeting Apple to $3 trillion market cap...these tech heavies are becoming a one way bet up up up...complacency?...

[ian davenport] 07/12/2021 15:49

Going to be ringing that ATH bell again tonight I think chopsy

[ian davenport] 01/12/2021 17:11

I'm hearing from family that iPhones are really short supply, suggests they are selling everything they can make . I think that's still where most of their profits will come from this year , so I'm assuming good news will be coming up in Feb or thereabouts

[chopsy] 01/12/2021 16:46

Wow, touched 170. Ath again.

[ian davenport] 23/11/2021 23:08

And we are back to the ATH in gbp terms, which is what I'm worried about!

[chopsy] 23/11/2021 15:12

Thx for your comment, Ian, looks like we are taking a pause today.

[ian davenport] 22/11/2021 15:57

Chopsy - not sure what any of us can say! Onwards and upwards I suppose. Looks to me like a little the EV / Tesla magic dust has finally landed on the AAPL share price and so we are off to the races. I am no chartlst so no idea how to call this , but ATH most days plus a weakening cable is cheering my SIPP .

[chopsy] 22/11/2021 15:34

Wow, ath again! C'mon, guys, wake up and comment, please!

[chopsy] 20/11/2021 10:20

I read that AAPL are developing a driverless car, that may be providing share price impetus.
Where is the best AAPL discussion forum, can't find much over here?