{"id":25148,"date":"2019-05-01T15:18:35","date_gmt":"2019-05-01T19:18:35","guid":{"rendered":"https:\/\/mjtsai.com\/blog\/?p=25148"},"modified":"2019-06-03T10:56:26","modified_gmt":"2019-06-03T14:56:26","slug":"apples-q2-2019-results","status":"publish","type":"post","link":"https:\/\/mjtsai.com\/blog\/2019\/05\/01\/apples-q2-2019-results\/","title":{"rendered":"Apple’s Q2 2019 Results"},"content":{"rendered":"

Jason Snell<\/a>:<\/p>\n

\n

Apple’s quarterly results are in. The company posted revenue of $58 billion, down 5% from the same quarter a year ago. iPad revenue was up 22% and Services revenue was up 16%, but Mac revenue was down 5% and iPhone revenue was down 17%.<\/p>\n

We’ve got lots of charts below, as well as a transcript of CEO Tim Cook and CFO Luca Maestri’s conference call with financial-industry analysts<\/a>.<\/p>\n<\/blockquote>\n\n

John Gruber<\/a>:<\/p>\n

\n

At 20% of the company’s revenue, Services now accounts for more revenue than Mac and iPad combined.<\/p>\n<\/blockquote>\n\n

I don’t see how this is good for the quality of the products or, ultimately, for customers. The continual notifications and extra screens to tap through are like the laptop stickers that Steve Jobs hated, and they’re just the smallest example of how the focus on services is shifting the company’s attention and priorities.<\/p>\n\n

Tim Cook<\/a>:<\/p>\n

\n

For our Mac business overall, we faced some processor constraints in the March quarter, leading to a 5 percent revenue decline compared to last year.<\/p>\n<\/blockquote>\n\n

This seems like an odd comment, unless it’s just intended to lay more groundwork in Apple’s case for ARM. Are Mac buyers really that worried about processor speeds rather than, say, keyboards<\/a>? And if slower processors are the problem, isn’t that mostly self-inflicted<\/a>?<\/p>\n\n

See also: Dave Girouard<\/a>.<\/p>\n\n

Previously: Apple’s Q4 2018 Results<\/a>.<\/p>\n\n

Update (2019-05-02): John Gruber<\/a> (tweet<\/a>):<\/p>\n

\n

I asked an Apple source last fall why it took so long for Apple to release the new MacBook Air. Their one-word answer: “Intel.”<\/p>\n<\/blockquote>\n\n

Jeff Baxendale<\/a>:<\/p>\n

\n

I know there’s not going to be a switch given impending ARM Macs, but would have been nice to just have Ryzen Macs instead of complaining about Intel.<\/p>\n

They’re a way better deal, nobody buys for “Intel Inside”, and then maybe the integrated GPUs wouldn’t be total garbage 🤷‍♂️<\/p>\n<\/blockquote>\n\n

Update (2019-06-03): Kevin Bartlett<\/a>:<\/p>\n

\n

Just read @gruber’s post about Intel constraints on processors holding back Apple. It’s holding back all PC sales. We use Dell at work and have had a month or longer wait times on laptops because Intel can’t get chips to them either.<\/p>\n<\/blockquote>","protected":false},"excerpt":{"rendered":"

Jason Snell: Apple’s quarterly results are in. The company posted revenue of $58 billion, down 5% from the same quarter a year ago. iPad revenue was up 22% and Services revenue was up 16%, but Mac revenue was down 5% and iPhone revenue was down 17%. We’ve got lots of charts below, as well as […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"apple_news_api_created_at":"2019-05-01T19:17:37Z","apple_news_api_id":"645de964-410e-4dd8-8948-0bb9d0a7faf8","apple_news_api_modified_at":"2019-06-03T14:56:31Z","apple_news_api_revision":"AAAAAAAAAAAAAAAAAAAABg==","apple_news_api_share_url":"https:\/\/apple.news\/AZF3pZEEOTdiJSAu50Kf6-A","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":"\"\"","apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[2],"tags":[38,1804,101,261,31,145,85,30,260,158],"class_list":["post-25148","post","type-post","status-publish","format-standard","hentry","category-technology","tag-apple","tag-apple-quarterly-results","tag-business","tag-intel","tag-ios","tag-ipad","tag-iphone","tag-mac","tag-processors","tag-strategytax"],"apple_news_notices":[],"_links":{"self":[{"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/posts\/25148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/comments?post=25148"}],"version-history":[{"count":4,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/posts\/25148\/revisions"}],"predecessor-version":[{"id":25458,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/posts\/25148\/revisions\/25458"}],"wp:attachment":[{"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/media?parent=25148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/categories?post=25148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mjtsai.com\/blog\/wp-json\/wp\/v2\/tags?post=25148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}