Apple iPhone sales last quarter failed to meet expectations; company earns $13.1 billion profit
0. phoneArena 27 Jan 2014, 15:51 posted on
Apple's shares are down over 6% in after-hours trading after the company reported fewer sales than expected of the Apple iPhone during its fiscal first quarter. While Wall Street analysts were calling for Apple to sell 55 million units of its iconic smartphone in the three month period ending in December, the company reported sales of 51 million units...
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2. bucky (Posts: 2149; Member since: 30 Sep 2009)
yea, 51 million is brutal. Apple won't last another 3 months at this pace.
3. darkkjedii (Posts: 17024; Member since: 05 Feb 2011)
Bucky only 51 million man that's pitiful I was hoping for 51,000,001. At this pace Apple will be closing its doors and having a going out of business sale this coming Saturday and I'll be lined up so I can buy a few things before the doors close and get boarded it up. I mean the nerve of them only selling 51 million iPhones and one quarter when most handset makers only sell five or 10 million n one year the nerve of them
6. CreeDiddy (Posts: 559; Member since: 04 Nov 2011)
Are you kidding? You are smoking buddy. Who else is close to that number in smartphones? Samsung sells about 40 million smartphones and 45 million featured phones per quarter.
Remember Apple has 422 stores in 14 countries.
21. livyatan (Posts: 867; Member since: 19 Jun 2013)
And what are you smoking? ?
Samsung sales are over 80 million smartphones and over 100 million phones overall
32. CreeDiddy (Posts: 559; Member since: 04 Nov 2011)
That's third quarter of last year. That was their highest growth they had as a company. Can they repeat that this year? Most likely no.
24. deewinc (Posts: 205; Member since: 21 Feb 2013)
S4 yes your numbers are correct. Add up all the other plastic junk and you could be talking about 150M+ Samsung handsets sold in a quarter of a year =)
4. bradley8795 (Posts: 59; Member since: 19 Nov 2013)
Their stock is down $35 a share and falling like a rock! Happy days! Wait this means they will have to sue Sammy some more.
15. darkkjedii (Posts: 17024; Member since: 05 Feb 2011)
Googles is down $22.60. Currently apple is +$4.43
30. fanboy1974 (Posts: 1345; Member since: 12 Nov 2011)
I don’t think you can compare Apple to Google. Google can kill their entire nexus line yet still be fine with other OEM support. Even if they drop support for Android altogether somebody else will just take over. Apple is so tightly integrated that if they sold half the number of iPhones it would be devastating.
I didn't even relize that Google stocks were over $1100 a share.
42. Berzerk000 (Posts: 4217; Member since: 26 Jun 2011)
Putting it into terms of dollars isn't exactly fair. A better way is to use percentages. Google is down 2%, Apple is up by 0.8%. It's normal for stock to go up and down a few percent.
39. bradley.block (Posts: 6; Member since: 01 Oct 2012)
You're looking at the closing bell numbers. The reports are always after the closing bell. To get a real idea you need to look at the after hours trading numbers.
7. Sauce (unregistered)
It takes some popular companies to sell 5-10 million of one/two phones a year, while it took Apple 3 days to sell 9 million. (6 million 5s and 3million 5c). Totally going down the drain.
All I see you doing is (╯°□°）╯︵ ┻━┻
13. wildfiregt (Posts: 149; Member since: 10 Jun 2013)
#7 and #6 fact are fake
Samsung sells twice more smartphones than Apple in a year (smartphones and not feature phones)
Apple never sold 10 millions iphones in a week. Those have never been official statement but to enhance the sales and investment. Same happened to the 5. Not to mention the 5c was a failure ,don't believe a sec that it sold 3 millions in 3 days
18. darkkjedii (Posts: 17024; Member since: 05 Feb 2011)
How about you provide us with proof they didn't sell 10 million in a week, otherwise STFU.
23. Sauce (unregistered)
He's just butthurt to the fact that the company he can not stand to see succeed has succeeded at succeeding a successful launch success with millions sold in 3 days.
P.S. Where did I mention Samsung
Obvious fanboy is obvious
P.S.S: $57.6 billion in quarterly revenue is a record for Apple, AND THE MOST EVER GENERATED BY A TECH COMPANY.
25. Sauce (unregistered)
Also to point out that Apple is going no where and that idiots like that guy prove they are mental in the dome with their silly iHatred..
80% of devices now on iOS 7
$13.3 billion in net income, also a new record. Apple now has $158.8 billion in cash
65 billion total App Store downloads
$2 billion paid to developers during the December quarter
iOS has 5x advantage over Android in developer revenue per app, 4x advantage in IAP, and 2x advantage in paid downloads+IAP.
Plants v Zombie had 60 million downloads in first 5 days, biggest launch ever for an EA game.
There are now 420 total Apple Stores, each averaging 21,000 visitors per week. TWENTY ONE HUNDRED A WEEK ON AVERAGE, PER STORE.
30 new Apple Stores coming in 2014.
Tim Cook says mobile payment space “a big opportunity on the platform.
A successful company indeed. They are going no where.
Keep dreaming boys.
29. darkkjedii (Posts: 17024; Member since: 05 Feb 2011)
Sauce it cracks me up how these fools sit in here everyday, and basically pray for apples demise. I mean dude really? Praying hoping that apple dies, and they get smoking hot (and not Beyoncé 2014 Grammy performance smoking hot), when apple succeeds. Get a F'ing life for crying out loud. Man that stuff is sooo friggin funny dude. Sniggly, apple4never, reckless, appledoesnt.com, phonepro, PAPINYC, eclipsegsx etc. ihaters dude.
31. Sauce (unregistered)
Tell me about it lol. Honestly, I like to prove these guys wrong (although it isn't hard). I can't express enough about how stupid they all sound. So many haters like to take things so literal and get so dramatic when try to set Apples demise. Is it not clear enough how much Apple succeeds and how well Apple does? I love seeing hate against them because it shows me that jealously is still so easily noticed in the phone industry.
50. domfonusr (Posts: 384; Member since: 17 Jan 2014)
Wow, why would anybody love to see hate? That is so backward.
46. EclipseGSX (Posts: 1705; Member since: 18 Oct 2011)
You seem really upset about this and high strung, maybe you need a break from this site?
48. Topcat488 (Posts: 1314; Member since: 29 Sep 2012)
Really those two praise Apple so much you would think Apple is paying them or something... I could care less how much either one of those companies are doing... Maybe cause i haven't any stock in them, but i bet neither do they. Hahahaha.
26. darkkjedii (Posts: 17024; Member since: 05 Feb 2011)
Apple is beast, set a few records today.
9. Miracles (Posts: 560; Member since: 31 Aug 2013)
So Apple top sales in the US by 43% and fail to meet expectations. Hmmm..so whose topping in other countries? (specially europe?)
10. darkkjedii (Posts: 17024; Member since: 05 Feb 2011)
I'm so mad at Tim Cook for "only" selling a measly, pitiful, horrible, deplorable, lowly 51,000,000 phone in just on qtr I'm On my way to Cupertino as we speak. When I get there, I'm challenging him to a hop scotch contest, and a game of 21. Mr. Cook how dare you only sell 51,000,000 iPhones in "only" one qtr. you mean to tell me you couldn't even muster 51,000,001? I'm done with apple, I'm now to be called antiapplejediihatesmrcookandapplefornotselling51000001iphonesinoneqtrmaygoddamnualltohellforthiscrap. I hate u apple sniggly, apple4never, droidxdoug reckless, artsim98 I'm now one of u, an apple bashing/hating troll devoting my day and life to hating apple. Mxy bucky sauce gallitoking taco and darkkjedii don't ever speak to me again. Apple has crossed the line with this milestone errr failure. I'm boiling at this accomplishment errr failure by apple. Mxy get my I love errr hate apple T shirt ready. I'm the new finalflash, totally devoted to hating apple and having no life other than that. DAMN U COOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOK
12. darkkjedii (Posts: 17024; Member since: 05 Feb 2011)
And one more thing Mr. Cook, you are no longer on my Xmas list, and I don't think you're a very nice guy. How do you like that Mr. Cook. PS. I just microwaved my 5s and will coat my note 3 in the gold that's left over. Sniggly I await your orders.
33. domfonusr (Posts: 384; Member since: 17 Jan 2014)
Just let us know how the hop scotch contest goes. I fear that your hatred will cause you to stumble, or suddenly collapse, or that you might pop a vein in your forehead in a moment of anger, so I have a hefty wager riding on the hop scotch victory of Tim Cook!
35. joey_sfb (Posts: 4596; Member since: 29 Mar 2012)
Why are the Apple fans having strong reaction to this news. Share price goes up and down on regular basis.
To me its a good time to buy. Ican might success in canceling some excess share bringing more value to the share owners.
47. EclipseGSX (Posts: 1705; Member since: 18 Oct 2011)
lol calm down. Are you off your medication or something?
51. domfonusr (Posts: 384; Member since: 17 Jan 2014)
Medication or no medication, I just can't wait to hear about the results of the hop scotch death match between darkkjedii and Tim Cook...
53. darkkjedii (Posts: 17024; Member since: 05 Feb 2011)
Dude I won lol. We played best of 5, I beat him 3 to 1. I'm now apples CEO. The next iPhone comes out Friday with a 7 inch screen, 5,000 hr battery, no cameras, and no processor, and only color is green. Oh yeah it's $17,000 on contract.
11. taz89 (Posts: 2014; Member since: 03 May 2011)
Well no surprise analyst never happy when they are wrong. Not apples fault that they predicted wrong lol. Also no surprise with Increased sales of the iPhone etc, apple have been I'm guessing allowing other retails now discount iphones etc offering deals etc so no shocking.. Lol analyst always crack me up.
14. QWIKSTRIKE (Posts: 967; Member since: 09 Mar 2010)
Analyst are never wrong so to speak....they just lie to the public. Name one analyst that took it on the chin.....not many. Their job is to make uninformed investors take a leap of faith. Had anyone checked the AAPL chart they would see that 702.00 was a wave 5 top. Apple retraced to the break out fib 375-385. Apple caught support by the big investors at the 380.00 range and broke out to the upside, and caught major resistance at the 575-580 resistance.
Many analyst have given false data about Apples sales in the last month. Now they pull the plug and if this is an ABC correction it could test 385.00. It will stop at 560, 545 535 525 515 505 and if it fails there it will test 485 45 425 then 385. This all depends on what the market does, and whether or not future orders tank. If iPhone 6 does not wow the public the stock will tank. They iPhone 5C failed miserably no matter what anyone says it did not take away dales from Android. Growth for Apple has slowed tremendously enough to cause the major investors to bail.
16. zuckerboy (banned) (Posts: 898; Member since: 22 Dec 2011)
lol 50 millions almost everybody hates apple but it manages to sold millions
17. superduper (Posts: 151; Member since: 20 Oct 2013)
What kind of miracles do people expect from Apple?! It has delivered the results of its best quarter ever, in which its iPhone, iPad, and even Mac sales rose, but it still "failed to meet expectations". These are the fourth biggest quarterly earnings of any company of all time:
ist_of_largest_corporate_profi ts_and_losses#Largest_Corporat e_Quarterly_Earnings_of_All_Ti me
Every other company in the table is an oil company. Still not good enough. Go figure!
19. AfterShock (Posts: 3698; Member since: 02 Nov 2012)
Bias aside as much as possible.. Them are impressive numbers.
With that said, the slight decline may be minimal, but is concerning to some and perhaps an indicator of future trends with product currently sold.
Larger screen will immediately turn these numbers around no doubt.
Its like the numbers are forcing them to make big screen phone like others do.
I have to ask, how is it a premium product without peer if I still see threads about force close and crashing going on, that seems so 2010... is it honestly the facade of premium that holds this standard incorrectly high?
I have not, repeat not had a force close or crash or reboot on kit Kat period.
20. AfterShock (Posts: 3698; Member since: 02 Nov 2012)
I suspect Ifans troll alarms must ringing off the wall by now..
27. bucky (Posts: 2149; Member since: 30 Sep 2009)
Lol the thing is, there aren't any hardcore apple fans anymore that you fandroids keep referring to. Android fans are now the old apple fans lol
49. Topcat488 (Posts: 1314; Member since: 29 Sep 2012)
Maybe people live and learn..
Android fans are now the old apple fans lol
Maybe people live and learn..I surely did.
52. domfonusr (Posts: 384; Member since: 17 Jan 2014)
I've been noticing that since rejoining here. When I was here before, a year or two ago, I was always debating madly with the fanatical iPhone fans, and now it seems that it has swung the other way during my absence. Strange...
55. Topcat488 (Posts: 1314; Member since: 29 Sep 2012)
I for one was a iphone fanatic, but i got tired of waiting for Apple to put out 1 phone a year. They could have put out phones of different sizes a long time ago. Android had sooooo many different phone styles and sizes from OEM's that now Apple is my quick go to phone only. Samsung Note is my "Main" do more phone.
57. domfonusr (Posts: 384; Member since: 17 Jan 2014)
That's funny. I started out as an Android defender and sympathizer, though only owning Nokia Symbian handsets... now, even though I'll never own an iPhone, I'm not so much of a fan of Android either. I went the other way.
I just got gifted to me a used Android handset that I cannot activate as a phone because it is on the wrong service... or I am on the wrong service... whatever... but I just don't know if it will bring me back to the Android fold completely. In the meantime, my main phone is actually a 'dumb phone' (hence my screen name). I ended up selling off as many of my old Nokia's as I could (sheriff's sale), and recycling the ones that couldn't be sold... they got a combined $40 for the two that sold... big disappointment.
28. alrightihatepickingusernames (Posts: 474; Member since: 29 Dec 2013)
Only 13.1 billion? Cmon Apple step up your game.
34. kevkyle (Posts: 88; Member since: 21 Oct 2012)
Haha.....dogfight!.......just phones and it's like WW3.....Cool down folks", )
36. Sniggly (Posts: 7296; Member since: 05 Dec 2009)
Every dog has its day.
Every day has its way of being forgotten.
This is not the first time Apple has failed to meet expectations, but then again, they couldn't keep up ridiculous growth forever. The smartphone market in the areas Apple went after has been reaching saturation. Google and Microsoft are playing it smarter by going after the great masses that don't have smartphones yet.
For the record, Apple could fail miserably at sales and survive, possibly through the next century. They have one of the biggest cash windfalls in the history of business, and we all know that they wouldn't fail consistently for 100 years.
Though it is sweet to see that the 5c/5s strategy hasn't quite panned out like they wanted it to. :)
38. domfonusr (Posts: 384; Member since: 17 Jan 2014)
Perhaps it has not panned out entirely as the analysts saw it panning out, but it's still not all bad. You are right that Apple cannot have insane growth forever - many analysts predicted continued insane growth, and got ahead of themselves. However, they are still growing. Just not at as insane of a pace as before. Apple's customers still have a super-high loyalty in the US and a few other places, and so the sale of Android devices often become a gateway to later buying an iPhone. I know quite a few people who have started with an Android device, and then progressed to iPhones and stayed loyal to Apple ever since. I don't know anyone who has gone the other way. As long as the loyalty level of the average Apple customer stays considerably higher than that of the average Android owner, this imbalance will help to drive Apple sales even when general smartphone saturation is truly reached in the US.
43. Sniggly (Posts: 7296; Member since: 05 Dec 2009)
*You* might not know any who have gone iPhone to Android and stayed there.
I do, however.
Experiences differ from person to person. Apple isn't perfect by far, and it's well known how polarizing iOS 7 has been, especially in its destruction of the experience for older iPhone users.
Slowing growth shouldn't be ignored either. Like I said, Apple could suddenly fail for a long time before dying, but that doesn't mean that if the signs are there of an eventual decline, they SHOULD fail for a long time. I mean, look at Blackberry. They rode on their prior momentum and refused to change what they were doing until it was too late.
45. domfonusr (Posts: 384; Member since: 17 Jan 2014)
Yes, I don't, but I don't doubt that there are some out there who have done exactly as you have said. I just don't know any of them. I just live in a place that is really unusually skewed in that way.
Apple is great for a lot of people, but not for everyone by any means. I don't think, for all my admiration of certain elements within the iPhone experience, that I would actually ever buy one. There are other parts of that experience that are very disappointing to me. And I know full well that the iPhone is not perfect. I would not pretend that it is, though others do from time to time.
I would never tell anyone to ever ignore slowing growth. I was only saying that slowing growth was not the entire picture... as with all things, the truth of what is going on does not hinge on just one metric alone, but rather is a combined picture of all possible metrics.
Apple has plenty of momentum going right now, and although they could produce something that really is reminiscent of a steaming pile of crap (this is always a possibility - it is just a matter of how many people give in to their pride and say "how beautiful!", as opposed to how many people shake off their pride and cut them loose), it will only knock them down for as long as they are unwilling to change. As for BlackBerry, I am not totally sure that it is too late for them. It may be too late for the US mobile market, but not for some emerging markets where they could hang on and survive for long enough to bounce back a little, at least to the point of feeling more financially secure. They also have other product lines that may hang on a little better here in the states, like their BES offerings, or monetized BBM apps, or their upcoming in-car QNX implementations. Is there still value in them? Who knows, but that is a decision each consumer must make, and I'll bet there are some who will still perceive value in some of their offerings.
40. nctx77 (Posts: 1274; Member since: 03 Sep 2013)
Every year I see Apple break records and Wall Street is disappointed lol! Look at the title of this article. It's basically an oxymoron.
41. androiphone20 (Posts: 1654; Member since: 10 Jul 2013)
Obviously another total fail by Apple to not match and even exceed analysts' expectations. I have a good mind to liquidate my shares! /s
44. kindlefireowner (Posts: 494; Member since: 05 Dec 2011)
Fandroids Apple hate kills me. 99% of Apple hate is based on nothing factual.
Business 101. Make a product that people want to buy, then sell as many of them as possible, at full price.
HTC, Sony, LG would love to sell 51 million phones in 3 months.