AAPL Q3 2012 Conference Call Thread

  • Posted: 24 July 2012 06:01 PM #16

    Mav - 24 July 2012 09:00 PM

    Well then, you’d know the CC music is always like this.

    Lots of money was lost today.  Know the atmosphere.

    Trust me, I know :-(

    I’m part of Gregg’s crowd, we have the vast majority of our capital in Apple.

         
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    Posted: 24 July 2012 06:06 PM #17

    CC prepared marks are ongoing.

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    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
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    Posted: 24 July 2012 06:07 PM #18

    Oppenheimer appears to be hinting that he will sandbag no more.

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    Posted: 24 July 2012 06:10 PM #19

    NOT liking these CC prepared remarks from Oppenheimer…it’s sounding kind of song-and-dance, though it’s meant to lay the foundation of the success of the iPad platform.

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    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
  • Posted: 24 July 2012 06:11 PM #20

    Mav - 24 July 2012 09:07 PM

    Oppenheimer appears to be hinting that he will sandbag no more.

    This reminds me of a line from A Few Good Men….“You wanna hear the truth? You can’t handle the truth!”

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    Keep Calm and Carry On

         
  • Posted: 24 July 2012 06:11 PM #21

    Mav - 24 July 2012 09:10 PM

    NOT liking these CC prepared remarks from Oppenheimer…it’s sounding kind of song-and-dance, though it’s meant to lay the foundation of the success of the iPad platform.

    A little perhaps, but he’s always done some of this.

         
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    Posted: 24 July 2012 06:14 PM #22

    OpEx is higher than usual - $3.4B, but stock-based compensation also seems a bit high. 

    Divvy may be supporting the stock.

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    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
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    Posted: 24 July 2012 06:16 PM #23

    Share creep may end starting fiscal Q1 / calendar Q4.

    GM - 38.5% est.

    $3.5B OpEx!  It’s a hint of something…

    Tax rate = 25.5%

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    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
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    Posted: 24 July 2012 06:17 PM #24

    Analyst time.

    I hope these analyst questions are tough.  I’d prefer no cloak-and-dagger stuff playing through the news channels.  Heck, many analysts were shamed today, so they have strong incentive to get answers.

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    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
  • Posted: 24 July 2012 06:18 PM #25

    Tim doesn’t sound happy.

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    Johnny

         
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    Posted: 24 July 2012 06:19 PM #26

    Asia-Pacific growth is down to 25%.  Greater China revs - $5.7B - 48% YOY increase.

    Sequential revs decline - due to sequential iPhone rev decline, half of it due to decline in channel inventory, half of it due to seasonality.

    Cook not seeing macro influence. 

    No Siri in China is hurting.  I should’ve accounted for this much better.

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    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
  • Posted: 24 July 2012 06:19 PM #27

    johnnyvn - 24 July 2012 09:18 PM

    Tim doesn’t sound happy.

    it is a compressed phone call, his happiness is compressed out smile

         
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    Posted: 24 July 2012 06:21 PM #28

    Tim is appropriately sober.  He of all people would know these “dark days” would come, though Apple itself is doing just fine.  There’s still one of these quarters to go.

    If you think he cares about the golden handcuff share packages having less paper value - he probably doesn’t.

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    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
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    Posted: 24 July 2012 06:27 PM #29

    Euro is underperforming - flat growth YOY on iPhone, but they’re savvy on the rumors.

    Crap, CC just conked out.  Tim was about to go into very helpful detail about Euro countries individually.

    US and China are doing OK as far as Apple’s expectations.

    Signature

    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
  • Posted: 24 July 2012 06:33 PM #30

    Mav - 24 July 2012 09:27 PM

    Euro is underperforming - flat growth YOY on iPhone, but they’re savvy on the rumors.

    Crap, CC just conked out.  Tim was about to go into very helpful detail about Euro countries individually.

    US and China are doing OK as far as Apple’s expectations.

    Greece Down
    Italy Down
    France Down (I think down or flat at least)
    Germany flat (Odd)
    UK about the same