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Earnings Q2 2019

Posted: Wed Jul 31, 2019 4:47 am
by blastdoor
Apple and AMD reported earnings yesterday.

Some thoughts:

1. AMD is a solid break even company. That’s better than a company losing money hand over fist. So, yay? But will these guys ever get to a point where they are a solidly profitable company? If so, when? I’m wondering if the stock price has gotten too far out in front of profits

2. iPhone sales are down but Apple actually eked out a small increase in revenue thanks to growth in everything else. That’s kind of a big deal — it means they are diversifying, at least a little. That’s no easy feat given how big the iPhone has been. The big caveat is that this diversification largely involves accessories and services sold to... iPhone users. But still... better than no diversification at all.

3. Glad to see Mac sales up. Hopefully the wandering in the desert has ended and Apple will consistently progress this platform.

Re: Earnings Q2 2019

Posted: Wed Jul 31, 2019 4:00 pm
by meerkt
blastdoor wrote:
1. AMD ... But will these guys ever get to a point where they are a solidly profitable company?

Maybe starting next quarter? Give them time. They've only been around 50 years.

Re: Earnings Q2 2019

Posted: Wed Jul 31, 2019 10:41 pm
by derFunkenstein
blastdoor wrote:
3. Glad to see Mac sales up. Hopefully the wandering in the desert has ended and Apple will consistently progress this platform.

I figured this was a serious thread right up until I got here. The only consistency in the Mac lineup is that it'll get woefully out of date before it gets updated, and the only new features will be iOS hand-me-downs.

Re: Earnings Q2 2019

Posted: Thu Aug 01, 2019 7:06 am
by just brew it!
derFunkenstein wrote:
blastdoor wrote:
3. Glad to see Mac sales up. Hopefully the wandering in the desert has ended and Apple will consistently progress this platform.

I figured this was a serious thread right up until I got here. The only consistency in the Mac lineup is that it'll get woefully out of date before it gets updated, and the only new features will be iOS hand-me-downs.

Hey, at least they're admitting defeat on the horrid butterfly keyboard, and allegedly reverting to something more sensible.

Re: Earnings Q2 2019

Posted: Thu Aug 01, 2019 8:00 am
by blastdoor
derFunkenstein wrote:
blastdoor wrote:
3. Glad to see Mac sales up. Hopefully the wandering in the desert has ended and Apple will consistently progress this platform.

I figured this was a serious thread right up until I got here. The only consistency in the Mac lineup is that it'll get woefully out of date before it gets updated, and the only new features will be iOS hand-me-downs.


That was clearly true two years ago, but there are gathering signs of a real turnaround. I really wonder if their former chief design officer had become both a major bottleneck and source of increasingly unrealistic designs. The revival of the MacBook Air and elimination of the MacBook might be the clearest evidence in support of that hypothesis. The return of a big honkin pro tower — which many longed for but none dared predict would happen — is another.

Re: Earnings Q2 2019

Posted: Thu Aug 01, 2019 10:50 am
by derFunkenstein
Maybe. We'll see. Both the MBA and the MP are examples of "getting woefully out of date before being upgraded", and those things need to see regular upgrades before I'm willing to rescind my statement.

I do agree that dumping both Jony Ive and his awful butterfly key switches will help.

Re: Earnings Q2 2019

Posted: Thu Aug 01, 2019 11:31 am
by blastdoor
derFunkenstein wrote:
Maybe. We'll see. Both the MBA and the MP are examples of "getting woefully out of date before being upgraded", and those things need to see regular upgrades before I'm willing to rescind my statement.

I do agree that dumping both Jony Ive and his awful butterfly key switches will help.


Very fair -- I agree that proof is better than speculation! And certainly my Mac-related speculation has been wrong before (see the lack of ARM-based Macs).

Re: Earnings Q2 2019

Posted: Thu Aug 01, 2019 12:45 pm
by derFunkenstein
Oh I was right there with you on ARM-based Macs, and I still think they're an inevitable eventuality.

Re: Earnings Q2 2019

Posted: Thu Aug 01, 2019 1:07 pm
by blastdoor
derFunkenstein wrote:
Oh I was right there with you on ARM-based Macs, and I still think they're an inevitable eventuality.


I don't know... I think the most compelling time for Apple to introduce ARM-based Macs was maybe last year or, at the latest, this year. From what we know of Sunny Cove, it sounds like a pretty compelling upgrade over Skylake. Also, Intel appears to be paying serious attention to improved GPU and NPU functionality. I'm not sure that an Apple-design ARM SOC in 2020 or 2021 will have the advantages relative to Intel that it might have had in 2018-2019.

i mean... it's not impossible. Apple has a great design team, lots of money, and TSMC is a fierce competitor to Intel. So if Apple really, really pushed, they could probably make a compelling alternative to Intel for Macs. It's just that Intel is raising the bar pretty noticeably relative to where it was a year ago. I'm not sure that it will make sense from Apple's perspective to fight that particular fight.

Maybe what we'll see is the continued evolution of the T2 chip, adding new functionality like a 5g modem and whatever specialized functionality that Intel isn't offering.