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This is insane. $18.4 billion in profit in 3 months?
Nintendo didn't make that much from the Wii and DS combined over 5 years and those are highest profits seen in the game business by ten country miles.
They're going to have more money than most countries if this keeps up.
Just checked yeah, Apple now apparently has two of the most profitable quarters in corporate history, with this one and Q1 from last year being 1 and 2. No. 3 is Fannie Mae, then Apple again, and then Exxon Mobil a few times.
They are making more money than Exxon freaking Mobil was at its peak. Unbelievable.
Business is weird. Apple announcing a record quarter somehow translates to this being the "beginning of the end" for them. Weird.
| hunter_alien said: iPad Pro is a massive failure. No other way to put this. As someone who works on iOS devices on a daily basis since 2012, all I can say that not many developers look at it and see tremendous possibilities when compared to the Air or mini series. Its pointless. It has its own niche, true, but for the mainstream it is an overpriced and over-sized tablet. Their phone sales stagnation is expected. As more and more people can afford one, the refresh rate slows down. I still know plenty of Apple users who still rock a 4S or even 4. They need to get out newer devices at lower price (think 5C but a better implementation). Maybe the rumored 5SE will do just that. |
I disagee that they need a lower price. What I think they need to do is stop releasing small upgrades each year and instead, focus on releasing maybe every 3 years with tech that truly wows people. If you look at 4S to iPhone 6, that's a huge leap and one that would floor people. Unfortunately, invetors prevent something like that from ever happening.
| RolStoppable said: Looks like Apple is losing its way. By the way, thread does not belong into Sales Discussion. |
This
| spemanig said: Business is weird. Apple announcing a record quarter somehow translates to this being the "beginning of the end" for them. Weird. |
This is the most profitable quarter in *corporate history*. More than Exxon Mobil. More than what Sony has made probably in the last 20 years combined.
This is unbelievable.
Apple doesn't need to do shit, lol, they make more money now than oil companies when oil was $100/barrell. They are literally swimming in money.
They could honestly start their own country soon.
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We are in the beginning of a global down turn in the economy people.
EVERY company's sales/profits are going to suffer over the next year or two.
Stop acting like Apple's estimate for the next quarter results is somehow out of line with the rest of the companies in the world.
In the absence of evidence to the contrary, always assume you have the upper hand.
NNID = RangerOne
Switch = SW-2393-3671-6907
Apple: selling under powered overpriced shit since forever. I must praise their marketing team tho.
40,968 
| LurkerJ said: Could've the iPads done better? Absolutely, Apple failed the iPad on the software front. iOS on tablets should've gotten more differentiating key features but that didn't happen until iOS9, a step in the right direction for iPads but it is possibly a bit too late. |
I would say, the huge drop of iPad numbers has to do with the lack of an iPad Air 3.
Although the iPad mini and iPad Pro are welcome additions for some people, the 10'' tablet size is still the gold standard.
Additionally, the performance and durability of the older iPad-models is hurting the replacement rate. Even an iPad 2 of 2011 still can run almost any app or game and the battery time of these old devices is still fantastic.
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