Apple software and retail execs set to depart

[icyrus]

I have never disputed that they are making bucketloads of money NOW. The problem I am trying to illustrate here is that their profits are dwindling and they have no turnaround strategy

How you can say that with a straight face when Apple are actually posting profit growth year-on-year is astounding.

You post in contrary to easily accessible facts and you want people to take you seriously. Mind boggling.

 

[sox63]

Wasn't Forstall a protege of Steve Jobs? And judging by reports of his abrasive management style, he is the same as his late mentor. To me sacking him over the maps debacle was just an excuse for Cook to instill his way of doing things in a post Jobs era

 

[cerebus]

I have never disputed that they are making bucketloads of money NOW. The problem I am trying to illustrate here is that their profits are dwindling and they have no turnaround strategy (viable product to beat the opposition with). Currently all they are doing is making stupid excuses (production costs of new devices, shortages, people waiting for ipad mini etc...), and re-organising - when the real problem is that they are not selling as they used to. In the last 2 months they have lost 106 billion dollars in value (share price), and it is not stopping...

To put it into perspective - the last few years apple has more than doubled its profits every year. This year only 56% while Samsung has achieved 128%.

If you care to read anything the analysts have written to try and prop up the share price with speculation, you will see that they are running out of ideas. If this xmas is not a good one for apple, investors are going to start losing faith big time.

So as I see it, apple can drop their prices accross the board to stimulate sales, or hope that their large profit margin on slowing sales will carry them. The latter has not been working all that well.

I guess that's one way to analyze the figures. The last earnings call certainly did miss analyst forecasts. But the past year was extraordinarily eventful in the second half especially. They launched how many new devices exactly? iPhone5, 3 new iPads, 2 new Macbook Pro retinas, new iMac, new iPod lineup... that's pretty much every single of their devices significantly refreshed and hitting the market in a single rush. iPhone5 is beating expectations and outselling supply consistently. Frankly... it's far too early to call diminishing anything on Apple.

To be fair to you though, let's see what happens over the holiday season. They should have settled their supply issues by then and iPad4 and Mini and the other products should be well available in shops. So that will give a true indication; if they are slipping we'll see now.

 

[HBee]

Wasn't Forstall a protege of Steve Jobs? And judging by reports of his abrasive management style, he is the same as his late mentor. To me sacking him over the maps debacle was just an excuse for Cook to instill his way of doing things in a post Jobs era

This is the oldest trick in the book (employed by the ANC on a regular basis) to try and re-instill confidence in your organization.

 

[HBee]

How you can say that with a straight face when Apple are actually posting profit growth year-on-year is astounding.

You post in contrary to easily accessible facts and you want people to take you seriously. Mind boggling.

I have been in the IT industry for many years, and I know all the bull***** speak used to get contracts, sell licences etc... the fact that information is readily accesable does not mean it is true or relevant. You need to read between the lines and ask yourself the questions on information they do not offer freely.

as an example of what not to believe :

http://www.macworld.co.uk/apple-business/news/?newsid=3402274

We can have this chat again in Jan 2013.

 

[chris_meier]

I have been in the IT industry for many years, and I know all the bull***** speak

Yet you clearly have difficulty distinguishing between analysts predictions, and Apple's own predictions/expectations. Quarterly performance expectations, and share price expectation, that you mentioned, and linked to above, are all for outside analysts, not Apple themselves.

Good luck to you if you base everything on the prediction of "expert" analysts.

 

[icyrus]

I have been in the IT industry for many years, and I know all the bull***** speak used to get contracts, sell licences etc... the fact that information is readily accesable does not mean it is true or relevant.

Apple as a publicly traded company has to accurately report their earnings so you can bet your life on that info being true.

As to is relevance, you claim Apple's profits are declining, I would think that their reported earnings then are directly relevant.

Perhaps you're ready to admit that you were lying on this point?

You need to read between the lines and ask yourself the questions on information they do not offer freely.

Or in your case, just make stuff up to suit your point of view. To hell with integrity.

We can have this chat again in Jan 2013.

Lets, but first you need to man up and make some sort of statement rather than your usual bland nothings.

So tell us, what exactly do you expect for Apple's holiday quarter?

 

[cerebus]

So... HBee publishes a prediction that Apple's stock will hit $2000 tomorrow.

Apple's stock doesn't hit $2000.

Apple failed to meet Wall Street expectations.

Is that something like how it works?

 

[JStrike]

Please post a link where apple have met their expectations for at least the last 2 finacials. They were expecting to have the share price @ $1000 by the end of the year but it's not going to happen. I also see a huge knock for them this xmas with the introduction of the new Nexus line by Google.

I see icyrus showed you facts detailing how Apple have beaten their expectations in all their recent financials.
And I have yet to see a reply from you admitting you were wrong...

 

[JStrike]

I have been in the IT industry for many years, and I know all the bull***** speak used to get contracts, sell licences etc... the fact that information is readily accesable does not mean it is true or relevant. You need to read between the lines and ask yourself the questions on information they do not offer freely.

as an example of what not to believe :

http://www.macworld.co.uk/apple-business/news/?newsid=3402274

We can have this chat again in Jan 2013.

Are you seriously misunderstanding something here? That is some random analyst's prediction (And I suspect he will be wrong).
Apple have already given their (crazily massive) guidance for the next quarter

 

[Jab]

 

[surfs-up]

A little too late. Cook should leave as well. Apple now have a choice to make and that is to either maintain market share or give up profits - they can't have both anymore.

A statement like this clearly shows you being out of your depth

 

[surfs-up]

I'm just trying to be a beacon of sanity here - and it seems everything I say is comming(sp) up roses (If you bother to read what I said in previous threads).

hehe, cute !

 

[icyrus]

I have been in the IT industry for many years, and I know all the bull***** speak used to get contracts, sell licences etc... the fact that information is readily accesable does not mean it is true or relevant. You need to read between the lines and ask yourself the questions on information they do not offer freely.

as an example of what not to believe :

http://www.macworld.co.uk/apple-business/news/?newsid=3402274

We can have this chat again in Jan 2013.

I wonder if you have the courage to now admit that you were completely wrong?

http://www.apple.com/pr/library/2013/01/23Apple-Reports-Record-Results.html