Apple had a good quartern so now we must coif about figuring out how Apple actually had a risky quarter . It ’s just a thing we do .
save forMarketWatch , Thomas H. Kee , Jr. says“Apple ’s financial issue were worse than you think . ”(Tip o ’ the antlers to Tibor Csapo andAlex . )
They were worse than disk - break down revenue ? Oh , no !
The iPhone Lord had resumed growing after three straight quarters of gross sales declines ; earnings stick analyst ’ estimates ; and the outlook , while modest , is at least search smart .
fathom awful .
Not so tight .
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think the picture in your favorite apocalyptic science fable movie where the scientist run in with til now unobserved but irrefutable evidence of disaster . Except this sentence rather ofglobal raspberry wackinessoralien countdownsit ’s just a calendar .
In the fourth quarter of 2015 ( what the company telephone its fiscal first quarter ) …
Yeah , and what ’s up withthat ? Sounds pretty suspicious .
… there were 13 calendar week in which revenue and earnings were generate , one less than in the most recently report period .
DAAAAAMN YOUUUUU , POPE GREGORY XIII !
Seethis tableandthis chronicle .
See ? SEE ? 14 week in 2016 vs 13 weeks in 2015 . SCIENCE .
Bra - vo . You ’ve collapse the 450 - year older codification .
Yes , it ’s the cheating arcanum Apple did n’t want you to know . Other than CFO Luca Maestri having discussed it at the top of Apple ’s quarterly conference call . Other than that .
Maestri also noted three factors that counteracted the effect of an extra hebdomad . For starters , Apple grew distribution channel armoury significantly less this year . skilful tidings for savant , though : you may run headline that say “ iPHONE 6s gross sales WERE few THAN account . ” Second , the iPhone 7 launched earlier so it was on sale for more Day in the premature quarter than the iPhone 6s had been , think the launch demand was n’t as probable to spill over to the quaternary calendar quartern . in the end , the U.S. dollar was stronger this year , in effect raising the price of the iPhone afield . And we all screw Apple products already cost too much .
Accordingly , we believe that the empty-headed response to the remuneration results are pompous , investors are not look at the situation by rights …
Who ’s not look at the situation decently ? If you ’re move to use your all - powerful math skillz to read a calendar , you might also put on them to these other factors as well , instead of just operate the numbers out until Apple look high-risk and then call it a day . But Kee does n’t mention any of these palliate factors , which Bernstein ’s Tony Sacconaghi seems to think mean the iPhonedidhave single - digit growth for the quarter .
Was it amazing growth ? No , not really . But it ’s better than the decline they had been experiencing . And that ’s probably why investor are somewhat more bullish on Apple . Although , knowing investors , it could be because of their lucky numbers , astrology , or they take in a laughable kat meme and were in a good mood .
