4 ms·
Meh. A bank account earning compound interest will achieve "all-time record quarterly revenue" every single quarter. Apple's quarterly profit is only up by 2.
by MarkMc 10y ago
Meh. A bank account earning compound interest will achieve "all-time record quarterly revenue" every single quarter.
Apple's quarterly profit is only up by 2.4% per share. Let's look at earnings per share for each calendar year [1]:
2016: $8.35 (down 11%)
2015: $9.42 (up 27%)
2014: $7.42 (up 29%)
2013: $5.76 (down 9%)
2012: $6.30
Looks to me like Apple's growth spurt is over.
[1] Note 12 in annual reports at http://investor.apple.com/sec.cfm?DocType=Annual&ndq_keyword= http://investor.apple.com/sec.cfm?DocType=Annual&ndq_keyword...
- bduerst 10y agoI've always wondered why people use EPS - What if Apple issued more outstanding shares during this timeframe? Wouldn't that skew this metric without representing that?
- bkjelden 10y agoEPS is only really relevant if given in the same breath as share price. P/E ratio is the more meaningful (and shares-outstanding-invariant) metric.
- sumedh 10y agoYou can look at the EPS trend for many years and form your conclusions. If its going up that is good, if its down or flat you should be asking why.
- qeternity 10y agoWhen a company does something dilutive (or anti-dilutive) then previous metrics are recalculated (split adjusted) for comparison. Also, as someone else mentions, EPS in its own right is meaningless. P/E ratios are a more common (albeit flawed) way to compare companies' relative valuations.
- azinman2 10y agoWhere can I get a bank account with compound interest that isn't 0.001%?
- intopieces 10y ago> A bank account earning compound interest will achieve "all-time record quarterly revenue" every single quarter. And a car will get you from A to B faster than any marathon runner. There's no real comparison here -- even your yearly EPS comparisons lack the context to make them insightful. What were Apple's competitors doing, EPS wise, in those years? What was the market doing in general?
- MarkMc 10y agoI'm not claiming that a bank account is a better investment, just saying that "all-time record quarterly revenue" is pretty meaningless. And yes, a thorough analysis of Apple's performance would offer more insight than just 5 years of EPS figures.