yes... AAPL is in trouble (sarcasm). It's basically a dead company (double sarcasm).
Definitely still not growing (triple sarcasm).
because they recognize its a small revenue regardless of how well it does...
They stated that before it was available, clearly identifying no intent to provide separate numbers on it in financials because they won't be material compared to the phone in the current generation.
Where did ADBE reference China? I think that's incorrect.
and portions of YUM grew in china this quarter, others declined. Could just be misjudging China's food tastes.
it cut me off... or doesn't like some symbols:
Just FYI, the forward P/E based on the share price - cash is less than 9
this is why companies expand internationally. Saturation isn't a made up thing, it is real... but that doesn't spell doom when a company can expand it's markets...
Other companies work international expansion into their plans and are praised as growth companies, AAPL does it and people respond with "psh, terrible"... ridiculous.
Shares are trading at ~$86/shr when you factor in the cash on hand (taking into account a 30% cut for taxes to bring the money back to the US), growing their revenue STILL by double digits (high double digits likely), and are continuing to innovate (car in 2019!). Phenomenal!
Just FYI, the forward P/E based on the share price - cash is
This seems like the perfect situation for a battle of the fundamentalist vs the chartist.
It will be interesting to see how this plays out. I'm long past earnings announcement in Oct. Planning to buy more if this dips in short term from Fed fears or any other reasons.
Wha's your time horizon for your short position apex?
Agreed, the upgrade plan is not for everyone, but it's a unique way to sell direct to consumers and get a more permanent hook in people. I'm 32 so I and my friends are likely the exact target demographic here, but we all love the idea of just working this into our monthly bills/budgets and never having to concern ourselves with a large purchase.
Sometimes I spend as much going over my data plan!
Real question to me is how will companies react to this deal? My company and all the major ones I know lease everything on the tech side, does this become one more lease per employee?
When you throw in AppleCare for every "lease", the value is there. I buy a new iphone each year and sell my old one on kijiji (in Canada) and am essentially paying about $400 a year already for the privilege of the latest version.
For $450 I now get the same upgrade, guaranteed at that same cost each year, with AppleCare in case I screw it up, and I don't have to deal with the scams of selling it myself? My wife was considering we sign up in the states and just cross the border every year to upgrade, hah! Can't wait for it to expand to Canada!