Apple predicted to post almost no revenue growth in fiscal Q3

[Rohiggidy]

Android Takeover

What a difference a year makes. Last summer Apple was still on top of the world and its stock price was headed for $700. This year, the company faces the prospects of slower growth and declining margins as the high-end smartphone market nears saturation. Fortune reports that the emerging consensus among Wall Street analysts is that Apple will post significantly lower year-over-year revenue growth in the fiscal third quarter of 2013. In fact, Fortune’s own preliminary survey shows that analysts now expect the company to report $35.02 billion in revenue on the quarter, which just happens to be the exact same figure that Apple posted in the fiscal third quarter last year. Apple will report its fiscal Q3 earnings on July 23rd.

 

[Arcavian]

#GSDG

 

[Ed MOTHERFUCKING G]

just admit you work for google breh. You've always been a buster but an employee product shiller? its not a good look.

 

[ThaRealness]

Ye bounced some ideas with the CEO a few weeks ago... its all good

 

[ChrisDorner]

The quiet before the storm

 

[nalej]

only 35 billion in quarterly revenue? yea there done

 

[Rohiggidy]

only 35 billion in quarterly revenue? yea there done

do you know how business work lol...

Investors are looking for growth not sales....the company is no longer growing.

 

[Kuuuuush]

Steve Jobs must be rolling in his cryogenic chamber

 

[Ohene]

duh. I was discussing with a coworker yesterday that apple as it stands isnt going nowhere. Wont be as bad as sony...but take a look at MFST's chart. That's whats gonna happen with AAPL. If you're a shareholder get out now.

Only way value is added is if the company spins off into 3 different subsidiaries or so. I plan on pitching this during my IB interviews.

 

[Amestafuu (Emeritus)]

Throw them ishyts in the bushes brehs

 

[el_oh_el]

This does not mean Apple as a company is failing. Far from it. It just means that they are exiting that growth phase and entering a stable phase, similar to IBM and MSFT. Apple still leading Android, which is growing even slower (.1% YOY)

 

[Arrogance.]

Last summer Apple was still on top of the world and its stock price was headed for $700.

Let's stop right there. Apple's stock was hovering around the $500's last year. Hedge funds bought and pumped up Apple's stock number during 3rd quarter last year to make their balance sheets look better, and have been selling Apple's stock ever since. And despite all of this, Apple is still going to make the same amount of money they made in 2012 for Q3.

I guess reporting $35.02 billion in revenue for a single quarter 2 years in a row is a bad thing now.

 

[Rohiggidy]

Let's stop right there. Apple's stock was hovering around the $500's last year. Hedge funds bought and pumped up Apple's stock number during 3rd quarter last year to make their balance sheets look better, and have been selling Apple's stock ever since. And despite all of this, Apple is still going to make the same amount of money they made in 2012 for Q3.

I guess reporting $35.02 billion in revenue for a single quarter 2 years in a row is a bad thing now.

They havent produced any new products. They are just shining up the old ones. Investors want a smart watch, smart TV and apple glasses. Samsung is killing them right now. Android vendors are waking up motorola, LG and Sony. Apple have competition. It doesnt matter how much revenue they generate. Tim cook is on the hot seat