MacJournals.com

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Publishers of MDJ and MWJ, journals for serious Macintosh users

Joined September 2008

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  1. The one that no one can buy yet? That hasn’t even been announced? Yeah, that’s a real mystery.

  2. After every quarter’s results, a dozen talking heads will say Apple must “acquire for revenue.” None will remember Cook’s statement.

  3. Tim Cook, in an interview, confounds experts who want Apple to make big mergers: “We don’t acquire for revenue.”

  4. On a personal note: This is our 80th Apple quarterly results call, marking 20 years of coverage. Thanks for reading. See you next time!

  5. Seeking Alpha will have an automated transcript available here later tonight:

  6. And that’s it! Apple will have the audio in its Apple Quarterly Earnings Call podcast later tonight for two weeks:

  7. This is Cook’s oblique confirmation that Apple is working on entirely new product lines.

  8. TC: “quite a bit of investment in there for products not currently shipping or derivations of products not currently shipping” (rough quote)

  9. Question about how much of R&D increase is about “existing products and services.” This is a way to try to ask “is this about making a car?”

  10. Analyst asks where the growth in September will come from and TC responds he won’t get into “products or product transitions.”

  11. It’s time for the Q&A!

  12. LM: reduced iPad channel inventory by 500,000 units

  13. LM: Mac installed base is at an all-time high at the end of the June quarter.

  14. LM: Challenging PC sales overall, IDC estimating 4% year-over-year slowdown. Still, Mac gains high percentage of new customers.

  15. LM: According to AppAnnie, Apple generated 100% more revenue than the Google Play store.

  16. LM: average amount spent on apps and content in iTunes Store is highest we’ve ever measured.

  17. LM: ASP for iPhone is $595 because rolled out iPhone SE while reducing channel inventory of “higher-end iPhones”

  18. LM: iPhone channel inventory fell by 4M units, compared to 0.5M in the year-ago quarter.

  19. It’s worth noting that Apple’s sales decline fit exactly within Apple’s Q2 predictions — at the lower end of those, even.

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