APPLE REPORTS STRONG EARNINGS. MY TAKE.

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Well ladies and gentlemen apple just reported some phenomenal earning some very very strong earnings so what i want to do with you guys here today is we’re gonna go through all the numbers that i think are very important to look at with in regards to apple then we’re gonna get into my take on all these different numbers and if i’m gonna buy any apple shares

Out there if i’m gonna sell off any apple shares or any plans like that i’m wearing my bucket hat today you which you know what that means that means that we’re making buckets of money out here guys it is a very very good day out there so let’s get into all of this in regards apple by the way so the last day you can get in my stock market membership group for a

Half price it’s a first link down there in the description enter code half off at checkout it’ll take half off the price of the first month every month after that last day so if you want to get in my private stock market membership group you should probably get in there now so first off apple stock it’s up around 3% after-hours is flirting with its all-time high

There’s a very good likelihood that if the conference call is strong if it’s a really strong conference call is not much weakness in that conference call and people get pretty bullish it’s a possibility that this stock could maybe hit a trillion dollar market cap tomorrow but it’s just going to depend on how that conference call goes and how much money flows into

Apple stock but as far as the number it’s very very strong numbers so revenue came in up 17% that is any big that’s a big big number there guys when you think about apple than the type of numbers they’re reporting already and how big this company is to have revenue up 17% this is very big for the company eps was up 40% for this company okay think about how a big

Apple is okay there’s a company that’s almost a trillion dollar market cap they just did an eps rise of 40% think about the profits this company already has coming in absolutely unbelievable and eps was expected to only be up around 30% which is still amazing so to come through with 40 percent plus guys it’s just a sick number 6 number so revenue split about 40%

Was in the u.s. about 60 percent international if you think about apple historically it was mostly a us-based company okay in terms of where their sales were coming from this is a company now that is well diversified around the world they’ve gotten a lot of growth from a lot of places so now they’re about 40% us and about 60% international they can probably get to

A place some day where they’re about 30 70 or somewhere around there chyna revenue was up 19% okay so china grew faster then the company as a whole something i’m gonna bring out to you real quick that people have never understood about apple in china they’ve always looked at apple and china is like oh my gosh like apple won’t be able to grow that much in china

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Because you know the chinese they might want cheaper smartphones or something or something like that what you never understand and what people refuse to understand is that in china the smartphone is there everything device okay so in the united states of america you know someone like myself i don’t obviously an iphone i own multiple ipads are on multiple max i

Have tvs everything okay in china it is not like that at all okay a lot of people only have a smartphone okay so they put all the money that they would spend on all these different electronics all into their smartphone so when apple comes out with a thousand dollar smartphone the way the chinese look at that they look at that as well this is my everything device

It is worth it okay it is worth it so that’s something that people have never understood about apple in china all i’ve ever heard about apple and china is how old some cheaper smart phones gonna hurt them and this and that and all apple has done year after year is have amazing growth amazing growth because if it’s your everything you want to have the best man you

Want to have the best an iphone 10 is the best okay so yeah that’s a big thing their iphone revenue was up 20% but here’s the most impressive thing about that units were only up 1% okay think about that for a second units only up 1% but iphone revenue up 20% why is that because a sps our iphone have exploded since iphone 10 came out much higher price device and if

You look at it from apple’s perspective does apple really care if they get the the more revenue from selling cheaper iphones or more expensive iphones apple would much rather sell much more expensive iphones the highest of the highest end devices and get their their revenue coming in that way rather than them cheap down and just have a bunch of cheap smartphones out

There guys so that is very big there okay services continues to explode up 31% up 31% in the quarter guys that’s a second straight quarter that they’ve grown in over a 30 percent clip now i do not think that a sustainable long-term unless they come out with some type of unbelievable video service like in netflix or something like that i do not think that number is

Sustainable long term maybe for the rest of this year they can be somewhere around there i think next year would be somewhere around a 20% clip or so but once again if they could come out with something that’s a competitor netflix they can keep those type of growth weight rates up for a long time other products up 37 percent for the quarter very strong that’s all

That’s things like you know the apple home pod you know anything that’s all you know like headphones and things like that okay i watch our apple watch or whatnot so that category is still a fast growing category and that’s getting to be a bigger and bigger chunk of the pie now because this is now they did close to four billion dollars in that category in the last

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90 days all right so this pie is getting bigger this pie is now their second biggest pie and they’re increasing at a rapid rate until their biggest pie is growing rapidly as well so unbelievable company alright dividend is going to be paid on august 16 – i think shareholders as of august 13th 73 cents revenue guidance might be the most impressive thing it came in

Very strong the midpoints in around 61 billion versus fifty nine point five billion was expected everything everything i ever said about apple is a coming 100% true for the last year or two on this channel i told people that a sps are going to explode that’s gonna explode apple’s profitability people said no one would buy thousand-dollar smartphones i said you were

Crazy if you think no one’s gonna buy a thousand dollar smartphones an iphone tens of the top i you know smartphone all around the world okay it doesn’t matter if it’s a thousand dollars if it has the specs for it and people love that type of device they’re gonna pay a thousand dollars for it people said no one would do it it’s coming true okay i said eps would

Explode not only because asp is going up i said because they’re buying back a ton of shares and that’s exactly what’s happening it’s even better than i expected i never expected them to hit a forty percent number i expected to be maybe 20 to 30 percent forty percent it’s even it’s even blowing away what i expected this company to do okay so unbelievable company

So now i want to give you my take on apple if i’m gonna buy any share selling shares or anything like that already guys so now for my take on on these earnings in full first off in my kind of sell share is absolutely not i do not own any shares in my particular accounts however my wife’s biggest position by far and away is apple all right now am i going to go out

There in apple shares no and i will tell you for two reasons really one the main reason one’s a minor reason okay the first reason why i am not going to go out there and buy apple shares tomorrow is because i already have a massive position in the company named cirrus logic service logic is a semiconductor supplier in their main customer by far in a way that they

Get 80% plus of their revenue from is apple okay so already have an indirect play on apple stock in apple’s success going forward basically if apple falters and goes through tough times guess who else is going to doing it cirrus logic okay if apples on the up-and-up their business is going great as it is now cirrus logic stock gets pushed up and up and up okay

So i already have in a huge position in a company that is very reliant on apple success alright so if i was to buy apple stock in my accounts it’s already kind of like a duplicating process and once again my wife’s biggest possession by far and away is apple all right so for me i’m not gonna go out there buy it also i think and this is a minor reason but i think

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I think in my opinion at least i think apple numbers will be hard to impress throughout 2019 i think two other 19 numbers we’re gonna laugh over over these unbelievable service numbers over these unbelievable asp numbers in iphone 10 and i think the numbers will be somewhat hard to impress which may you know give some discounts out there in an apple stock because

It everybody might go through the same thing that they always go through with apple oh my gosh apple can’t grow imagine if iphone units go down next year everybody’s gonna be like oh my gosh apples done the same blah blah blah comes out as always ok that’s a strong possibility so in my opinion i’m not desperate to add apple shares here because it’s already my

Wife’s biggest position by far away so i’m already benefiting there i already have a massive stake in cirrus logic which i’m benefiting there so in my opinion i have a lot of good places to put money out there and also i’ve changed my opinion as far as what’s the easiest stock to make money in over the next five years i said it was apple for a long time just this

Past week i changed it up and i said now facebook is the easiest money i’m making in over the next five years so in my opinion do i want to buy apple stock here facebook i’m gonna be acquiring more facebook because i you know only have what a ten thousand dollar position ish you know in that company and i believe that’s the easiest money to be made over the next

Five years but also and one more thing i think is going to start to be viewed in apples respect and i’ve talked about this for the past year or two i think people are going to realize that apple is not just a commodity device that these type of things are replacement cycles and it’s gonna start getting valued like a johnson & johnson a procter & gamble

Or something around at 18 or 20 pe it is not valued there right now i mean if you look at the 4p on this company it’s a 1415 somewhere around there eventually they’re gonna have to start b value because people understand like services of recurring revenue if somebody’s iphone breaks ipad breaks mac breaks they go buy another one its replacement cycles and never

My net there’s a wild card out there maybe in 2020 we could have a 5g iphone we don’t know 100% on that yet but whenever that 5g iphone hits that’s gonna be the next major vector for the stock to explode higher so a lot of exciting things there we know we have we’re gonna make a lot of money off this stock we will continue to make up a lot of money off the stock

And i’m very happy and very thankful you know that it continues to perform well but anyways i want to hear from you guys out there what is your opinion on apple stock or any of the stocks that we mentioned here today thank you for watching have a great day

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APPLE REPORTS STRONG EARNINGS. MY TAKE. By Financial Education

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