Comments on: Apple’s astonishing profit in context

By: Charlie Brown

Charlie Brown — Mon, 26 Nov 2012 20:04:41 +0000

Yes, they have to release quarterly results, but what they do not do is start the discussion with four quarter results to show the annual comparisons, and discuss those before they discuss the quarterly results with the analysts, so that some journalists when they comment might discuss both the annual and quarterly results. As things stand, it’s up to the reader to look the annual results up for themselves, and the market reacts to the quarterly, but not annual results. As Mr. Gump postulated, Stupid is as stupid does.

By: Laughing_Boy48

Laughing_Boy48 — Mon, 26 Nov 2012 19:43:46 +0000

Hate to say this, but Apple has been downgraded again, today, so not everyone is as easily astonished by Apple’s past performance.

By: russ

russ — Mon, 26 Nov 2012 19:29:04 +0000

Non-Apple Tech market share these days largely consists of table scraps idiot tax.

By: CPS

CPS — Mon, 26 Nov 2012 17:32:53 +0000

Thank you Charles Brown for business analysis 101. You’ve stated the obvious, something even every 1st day Wall St. analyst realizes.

PS – quarterly results are mandated by the SEC. They have no choice to release them in the manner they do.

By: KenC

KenC — Mon, 26 Nov 2012 17:27:00 +0000

A year ago, when many analysts were belaboring Apple’s quarterly guidance for Xmas, ~$36B in sales and $9.30eps, I pointed out that Apple had just implied full-year sales of about $160B and $40 eps. And, here we are a year later, and Apple sales were $156.5B, and EPS was over $44, a 45% and 60% growth rate. Amazing performance for such a large company, and it was easily predictable.

By: iJah420

iJah420 — Mon, 26 Nov 2012 17:25:26 +0000

Regardless of all things tech and all the ANALists bullshit & spin…. Fact is….. Numbers don’t lie. AAPL, by the way reports REAL SALES. NUMBERS DON’T LIE. So, my suggestion to APPL shareholders…. AAPL is DOOMED!!! You should sell! Right? GMAFB.

By: Tflint

Tflint — Mon, 26 Nov 2012 17:07:43 +0000

Ignore all bloggerbabble.

By: Charles Brown

Charles Brown — Mon, 26 Nov 2012 17:05:52 +0000

When Apple releases their quarterly results, they compare the same quarter in the previous year. This makes little sense, since the business is both seasonal and fluctuates according to product introduction cycles, meaning that the annual comparison is more meaningful for analytical purposes than the quarterly comparison ever could be. Apple’s focus on releasing quarterly results without focusing on annual results is not helpful to the shareholders as it invariably leads to analytical distortion and share price volatility beyond belief.