[HN Gopher] Apple First Quarter Results
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Apple First Quarter Results
Author : Bahamut
Score : 60 points
Date : 2021-01-27 21:32 UTC (1 hours ago)
(HTM) web link (www.apple.com)
(TXT) w3m dump (www.apple.com)
| kelseydh wrote:
| For years now, Mac OS X has had a bug where if you download a
| file like an image from the internet, and want to upload it
| elsewhere, there's a long delay (10-30 seconds or more) before
| the file shows up in your file system to select it.
|
| This problem has been ongoing for years and Apple still hasn't
| fixed it. Even brand new, maxed out Macbooks have this problem.
| In an era where much of what people do online is rapidly
| downloading and reposting content across platforms, it's
| unacceptable Apple can let such a ghetto problem go unfixed.
| FriendlyNormie wrote:
| It has a ton of shitty problems like this. What do you expect,
| a literal faggot runs the company.
| gordon_freeman wrote:
| One thing which is not appreciated enough about Apple is how
| magnificent its Return on Capital is. Its net profit margin hover
| over 20% and compared to another company Amazon which also has
| posted over a $100 billion revenue in a single quarter but
| Amazon's net profit margin is around 5%. I would say Apple is in
| a league of its own!
| encoderer wrote:
| They also bought-back several hundred million shares. Most tech
| companies are slowly diluting share holders with their
| quarterly RSUs, while Apple is continually shrinking their
| overall outstanding share count.
|
| The main question is, do you believe they can keep it up, and I
| for one do. Their eco-system gets stronger every year.
| bigtones wrote:
| I think they can keep it up - their services revenue growth
| has been pretty spectacular over the last few quarters, and
| with more people at home due to COVID their new Apple Fitness
| thing is going to take off.
| gordon_freeman wrote:
| Also to keep in mind is that their profit margin on
| services is higher compared to their devices. Hence I'm
| assuming the upward growth of its net profit margin in
| coming years along with increasing revenue. Lots of upside
| for AAPL imo.
| bigtones wrote:
| Not quite a league of their own but a short list of companies
| for sure - Microsoft posted revenue of $43B this quarter (not
| as high as Apples $110B Q) but with a 32% net profit margin.
| pavlov wrote:
| Facebook's margin is even better, 46% on Q4 revenue of $28B.
|
| Of course Microsoft's income is more diversified while FB's
| revenue is almost entirely ads (other revenue was $885M,
| mostly from Oculus Quest 2).
| monadic3 wrote:
| > fiscal 2021 first quarter ended December 26, 2020
|
| This makes zero sense. Why does the first financial quarter of a
| year occur the quarter before? Why does it end on December 26th?
| minimaxir wrote:
| This beat is more notable since Apple had closed a number of
| their physical stores due to the pandemic, which had driven many,
| many sales.
| [deleted]
| chrisseaton wrote:
| What's 'beat' mean in this context?
| [deleted]
| bigtones wrote:
| They beat the street...the wall street analyst estimates of
| revenue and profit growth for the quarter.
| throw03172019 wrote:
| Not OP but beat analysts' expectations
| svachalek wrote:
| Beating expectations. Since Apple didn't provide guidance
| this quarter it's probably in reference to analyst reports.
| LockAndLol wrote:
| People really seem to hate right to repair
| Jtsummers wrote:
| It's not "hate", most people don't know and don't care. They
| want things that "just work". And, for many people, Apple's
| devices do that.
| dmitriid wrote:
| For most people Apple's products live beyond the expected life
| range (compared to the rest of the industry).
| tyingq wrote:
| That rings true, though Apple could do better when large
| problems do crop up, which doesn't happen often. They seem to
| need several rounds of PR beatings before doing the right
| thing.
| aduitsis wrote:
| I think the inability to repair Apple products is right on par
| with the rest of the industry really. My Samsung mobile phone
| is just as difficult to repair as an iPhone.
|
| Also, when it comes to computers (I use a Mac), there is also
| another factor. Apple devices may be difficult (and expensive)
| to repair, but they are certainly popular, which means one can
| find plenty of online resources or even spare parts, where
| applicable. And, one can actually find a local store that
| repairs Macs and take the computer there, if throwing money at
| the problem is an option.
|
| Quite recently, I came across a case of a Lenovo laptop whose
| user had somehow activated bitlocker and forgot the password.
| Wasn't interested in the files, they just wanted to be able to
| use the computer again. I tried to find a way to reinstall the
| operating system and, I kid you not, there was literally no
| obvious way to boot normally from a usb device nor Lenovo
| provides any meaningful documentation or, Heaven forbid, the
| boot image to reinstall. It was actually kind of difficult to
| even determine the model of the device, as there have been
| several generations with the same name, each with a different
| processor and efi firmware. It was almost as if the model never
| existed.
|
| We can laugh all we want for Apple's expensive and un-
| repairable devices, but the above nightmare cannot happen in
| the Apple ecosystem. You can even get the device to an apple
| store and they'll happily take your money and fix your device
| (if it's not severely damaged of course). This is not unique to
| Apple, e.g. Dell has excellent support and documentation. But
| this is a quality that is very important and yet it is often
| overlooked.
| jasonv wrote:
| Last fall I took my early era MacBook Air to Apple and ordered
| a battery replacement for $99. It came back with a new
| motherboard too. Essentially a new machine, and it took two
| interactions: drop-off and pick up.
|
| Last fall I bought two Dell desktops (for a client project) and
| neither has working Bluetooth/WiFi. One machine has been fully
| out of commission for 2 months and the other is limping along
| with weak WiFi and no Bluetooth.
|
| The Dell is upgradeable and I could put 3rd party cards in
| there and get along. But they're brand new machines under
| warranty. I've had two tech visits and traded more than 45
| emails with Dell tech support and I'm still waiting on full
| system replacements that will ship in February sometime. I
| bought these machines in November.
|
| Right to repair or not, I trust Apple non-right-to-repair
| hardware over Dell "I could repair it myself" desktop hardware.
|
| The user experience of dealing with both companies negates the
| right to repair concern for me, on these right now.
| chrisseaton wrote:
| Turns out all those people dramatically saying they're finally
| moving off macOS for good don't really count for anything! Who
| could have guessed?
| minikites wrote:
| You could re-post this exact comment but make it about Windows
| in 2005. Short term success can mask long term problems.
| perardi wrote:
| Gosh, sheeple, valuing battery life and speed above all else.
|
| When will these people listen to Stallman?! It is CRITICAL TO
| EVERYONE that we be able to compile Hurd from scratch.
| bilbo0s wrote:
| _It is CRITICAL TO EVERYONE that we be able to compile Hurd
| from scratch_
|
| Not to be flip, but you can do that on a Macbook Pro as well
| if you have the skills and know how.
| nbzso wrote:
| This proves again that MacOS is not worth using anymore. Apple
| has no financial interest in producing desktop or laptop os in
| "general computing" sense. Actual Apple product is the iPhone
| and iServices. Everything else is in category of companion
| device. And yes, people don't care about security and freedom
| they care about safety, social perception and ease of use.
| robenkleene wrote:
| This isn't true because the all of the apps and a huge amount
| of the content people consume on iOS devices is made on Macs.
| The Mac is in fact the golden goose, the iPhone is the egg.
| Saint_Genet wrote:
| Might just be that hn comments aren't representative of the
| wider population.
| [deleted]
| f6v wrote:
| > Might just be that hn comments aren't representative of the
| wider population.
|
| Just like any comment section anywhere in the world. Happy
| users don't bother writing about their experience.
| bigtones wrote:
| Apple set a new quarterly record with $111.4 billion in Revenue:
|
| iPhone Revenue was $65.6 billion since iPhone 12 October release
|
| Services Revenue was $15.76 billion
|
| Products revenue was $95.68 billion
|
| Wearables Revenue was $12.97 billion
| amrrs wrote:
| FWIW, Apple opened its first online store in India during this
| pandemic and several outlets reported it's been a huge success.
| Couple that with the china ban going on in India. Apple seems to
| always get some way out of tough times!
| iamgopal wrote:
| Which still doesn't accept or pass on purchase GST credit.
| Grustaf wrote:
| And the share price inevitably falls in after hours trading.
| Seems shareholders had even more optimistic expectations than
| analysts.
| r00fus wrote:
| So Mac sales are up from 2020Q1 by $1B. Lots of upgrades I bet,
| for the M1 Macs. I know I finally bought personal laptops for my
| kids who until now had been sharing a 10 year old family laptop
| among other devices.
|
| I wonder how much is also related to the fact that it became
| apparent in the fall that remote learning is here to stay for the
| entire school year (where it was instituted in the first place).
| [edit: fixed Quarter date]
| tyingq wrote:
| I'm curious what the uptick will look like for the next round
| of devices that get the M1, perhaps with 32GB memory options.
| threeseed wrote:
| If rumours are true the next round will be the iMac, MacBook
| Pro 14 and 16.
|
| M2, 32GB option, integrated graphics and possibly Mini-LED
| displays.
|
| MacBook Pros getting rid of TouchBar and adding Magsafe, HDMI
| and SD ports.
| kelseydh wrote:
| If you are a developer relying on tools like docker and ruby,
| beware of the M1 chip as there are still lots of
| incompatibilities.
| https://www.driftingruby.com/episodes/a-rubyist-s-apple-m1-r...
| TimothyBJacobs wrote:
| I'm not a rubyist, but the latest Docker Preview has been
| working great for me.
| lapcatsoftware wrote:
| > So Mac sales are up from 2019Q4 by $1B.
|
| Technically, up $1.7B from that quarter, but why are you
| comparing 2021Q1 with 2019Q4?
|
| 2021 Q1 $8.675B
|
| 2020 Q4 $9.032B
|
| 2020 Q1 $7.160B
|
| 2019 Q4 $6.991B
|
| Clearly the uptick in Mac sales is due to the pandemic and work
| from home, because 2020 Q4 was prior to the release of M1 Macs,
| and Mac sales had been flat for several years prior.
|
| It's difficult to determine the effect of M1 Macs on the last
| quarter sales, because they weren't available until mid-
| November and were also very supply-constrained.
| r00fus wrote:
| Meant 2020Q1, updated. I know the base level M1s were
| constantly unavailable locally.
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(page generated 2021-01-27 23:00 UTC)