Comments on: Apple & Amazon – Mixed bag.

By: Colin

Colin — Tue, 06 Feb 2018 11:14:47 +0000

This isn’t a picture of falling demand:
http://www.asymco.com/2018/02/05/apple-remarks-to-investors-in-fq1-2018-earnings-conference-call-categorized-and-annotated/

iPhone average weekly volume was up 6%. Pretty good considering iPhone X was the top seller, wasn’t available for 4 weeks of the quarter and sells for over three times the industry average price.

By: windsorr

windsorr — Mon, 05 Feb 2018 05:05:55 +0000

yes you can… look at the uptake of iPhone X vs older models. It was weaker. I did this analysis some time ago..

By: Colin

Colin — Fri, 02 Feb 2018 18:18:57 +0000

I don’t think you can surmise that iPhone X demand was softer than Apple expected based on a volume comparison with the previous year.

It shipped on 4th November, so was available for 9 weeks of Apple’s Q1. The iPhone 6S and 7 both shipped in September and were available for 12 and 13 weeks respectively. In his conference call, Tim Cook stated that iPhone X reached supply and demand balance at the end of January. The X outsold the 8s, so it appears that Apple could have sold many more Xs if they’d been shipping throughout the quarter.

By: windsorr

windsorr — Fri, 02 Feb 2018 10:44:08 +0000

indeed solid numbers… greatly helped by ASPs..

By: Tim Nash

Tim Nash — Fri, 02 Feb 2018 10:13:07 +0000

Given the China numbers from Strategy Analytics, -16% for last quarter smartphone sales, and that Apple needed to increase sales by 7% to break even with the 14 week quarter last year, it looks like a very solid quarter for Apple. Having no US tax charge against the figures (unlike Microsoft and Alphabet) helps too.