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Apple to Hold February 1 Earnings Call Just Ahead of Vision Pro Launch

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Apple has announced that its first earnings call of 2024 will be held on February 1, one day before the Vision Pro launches in the United States.

Apple-Vision-Pro-with-battery-Feature-Blue-Magenta.jpg

On the call, Apple's CEO Tim Cook and CFO Luca Maestri will discuss the company's earnings results for the first quarter of the 2024 fiscal year. The executives will almost certainly provide some additional commentary about the Vision Pro.

A live audio stream of the call will be available on Apple's Investor Relations page, and a recording will be available later in the day for replay.

The quarter ran from October 1 through December 30 of 2023. During this period, Apple released new 14-inch and 16-inch MacBook Pro models with the M3 series of chips, updated the iMac with the M3 chip, and debuted a lower-cost Apple Pencil with a USB-C port. Apple also expanded its online store to Chile during the quarter.

Apple has not provided formal guidance since early 2020, but analysts expect the company to report quarterly revenue of around $117.8 billion on average, according to Yahoo Finance. Apple reported $117.2 billion revenue in the year-ago quarter.

AAPL closed at $181.18 on Friday, down from a 52-week high of $199.62.

Article Link: Apple to Hold February 1 Earnings Call Just Ahead of Vision Pro Launch
 
Article Link
https://www.macrumors.com/2024/01/08/apple-announces-february-1-earnings-call/
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erikkfi said:
Tough quarter, I expect, and tougher ones ahead. We’re all going to pay for it in the form of higher prices.
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Maybe. At what point will Apple find the limit of what their customers will pay. I don’t know. I thought it was a couple of price increases ago but was proven wrong.
 
They need to get a cheaper iteration of this thing down to $999 in a hurry... otherwise, it's going to get "Chromecasted", that is... a product 70% as good that's 70% cheaper -- probably made by Google or Amazon... is going to win.

There's a relatively small number of people who can afford to dump $3500 on this toy.
 
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The earning for iPad and Mac was declining continuously for 1 year so I wonder how much M3 series earned or solve the problem?
 
Blackstick said:
They need to get a cheaper iteration of this thing down to $999 in a hurry... otherwise, it's going to get "Chromecasted", that is... a product 70% as good that's 70% cheaper -- probably made by Google or Amazon... is going to win.

There's a relatively small number of people who can afford to dump $3500 on this toy.
Click to expand...

As if people make buying decisions based on what they can afford.
 
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roar08 said:
As if people make buying decisions based on what they can afford.
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They passively do when they outright can't afford something... the number of people with $3500 to burn at any given time is very low, which is convenient for Apple -- because they can't make a lot of these anyway. They'll sell every single unit they can make, but then what? A million made and sold... what app developers (beyond the obvious streaming services) will want a niche market of 6000 Vision Pro users?
 
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Blackstick said:
They passively do when they outright can't afford something... the number of people with $3500 to burn at any given time is very low, which is convenient for Apple -- because they can't make a lot of these anyway. They'll sell every single unit they can make, but then what? A million made and sold... what app developers (beyond the obvious streaming services) will want a niche market of 6000 Vision Pro users?
Click to expand...

I think it's a stupid product. But there are LOTS of people — including those below the poverty line — who buy things to combat a false sense of disempowerment. People open and max credit cards all the time for this. 3500 may be on the steeper side, but rest assured a *true* lack of affordability won't necessarily be a stopping force for a good number of people who buy this.
 
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Blackstick said:
They passively do when they outright can't afford something... the number of people with $3500 to burn at any given time is very low, which is convenient for Apple -- because they can't make a lot of these anyway. They'll sell every single unit they can make, but then what? A million made and sold... what app developers (beyond the obvious streaming services) will want a niche market of 6000 Vision Pro users?
Click to expand...

They can meet demand if it were popular. Their “400k units” is obviously an artificial constraint. It’s more like “we doubt we can sell more than a million of these.”
 
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Jankie said:
Maybe. At what point will Apple find the limit of what their customers will pay. I don’t know. I thought it was a couple of price increases ago but was proven wrong.
Click to expand...
In 1984 I and thousand’s of others paid in todays dollars 9K for the first Mac! We get exceptionally low technology prices today.
 
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Blackstick said:
They need to get a cheaper iteration of this thing down to $999 in a hurry... otherwise, it's going to get "Chromecasted", that is... a product 70% as good that's 70% cheaper -- probably made by Google or Amazon... is going to win.

There's a relatively small number of people who can afford to dump $3500 on this toy.
Click to expand...

I think you will have to pay the price to have the quality.

And yeah, Cadillac sells a lot of Chevys


But it goes both ways as well. I already spent about 800 bucks or something for PS5 VR2. They are really good and pretty cool, but I don’t like wearing them for more than 30 minutes kind of get sweaty but it’s quite immersive. I use them for Gran Turismo once in a while, and my son likes to play various 3-D games.

Applevision will be higher quality? Heck yeah bring it - easily worth quadruple the price of the PlayStation VR2 in 2024!

I want a big wall of computer monitors and big screen TV and it will be exciting to play with upcoming augmented reality stuff

I think it would be cool if Lego makes an augmented reality brick Finder instruction, manual, augmented, reality thingy

Do you have any good ideas?
 
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Blackstick said:
They passively do when they outright can't afford something... the number of people with $3500 to burn at any given time is very low, which is convenient for Apple -- because they can't make a lot of these anyway. They'll sell every single unit they can make, but then what? A million made and sold... what app developers (beyond the obvious streaming services) will want a niche market of 6000 Vision Pro users?
Click to expand...

Check out the iPhone in 2007

I can’t even remember when apps came out I was jailbreaking and installing stuff back in the day.

My engineer is an apple hater somewhat, but I told him we should make an app that just makes fart noises. He kind of missed the boat like we see most of the negative posters on these forums, seem to miss the obvious consistently every time.

So a couple years later “ifart mobile” gets released by someone and it’s rumored that the dude made a couple million bucks or something :).

I think if people get their hands on these and try them out, they will finally catch on and have a spark of imagination and invent a lot of neat things like instruction manual, augmented reality for building, models, and Lego and car repairs. There seems to be so many possibilities.

Definitely if they allow it, I’ll be buying two or three sets, because I think the interactivity possibilities could be very amusing!

This is so exciting I can’t wait and I’m so stoked that I don’t have to wait much!

Month is going to fly by quick!

And I guess I’ll have to fly to USA to pick them up.

I do wonder if you just need a USA shipping address or if you have to make an appointment for fitting I’m sure they’ll be cool just to ship it to USA shipping address
 
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npmacuser5 said:
In 1982 I and thousand’s of others paid in todays dollars 9K for the first Mac! We get exceptionally low technology prices today.
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1984 you mean.

And yeah, I begged my dad into buying an apple IIe in 1980 and I saw the invoice and it was like $3300.00! “ mom can keep her recipes on it and you can do your accounting on it!”

Hayes 300 baud modem! Haha.

That totally changed my life!
 
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roar08 said:
I think it's a stupid product. But there are LOTS of people — including those below the poverty line — who buy things to combat a false sense of disempowerment. People open and max credit cards all the time for this. 3500 may be on the steeper side, but rest assured a *true* lack of affordability won't necessarily be a stopping force for a good number of people who buy this.
Click to expand...

It is a big chunk of money.

I think it’s a good retail price though.

Could be a life changer for a new VR entrepreneur though.
 
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Surf Monkey said:
Apple executives wore AirPods in public. No Apple executive has worn Vision Pro in public to date.

That’s a MASSIVE red flag.
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It’s not necessarily something you wear around town dude!

Maybe in the near future you’ll wear it in a museum for sure - but give it some time.

executives on lazyboy watching a movie? Yes, more plausible right now.
 
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