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The current crisis doesn’t overlap much with the first quarter.
by kgwgk 7y ago
The current crisis doesn’t overlap much with the first quarter.
- jonknee 7y agoIt sure does when you build almost all your products in China.
- kgwgk 7y agoDid they have a shortage of products to sell? I think the impact of not selling in China may have been more important than the impact of not producing in China last quarter. And in any case the second quarter will probably be worse.
- jedberg 7y ago> Did they have a shortage of products to sell? Very much so. I ordered a new watch and it took three weeks to arrive, when usually they are just a few days. My friend who works at Apple said in March people weren't getting laptops when they joined the company because they didn't have any to give, as all the new ones were being sent to customers.
- grogenaut 7y agoYou still bought this laptop and this watch, they just didn't get it to you. Seems like apple was still selling plenty.
- defap 7y agoI’d be interested to know from someone knowledgeable whether Apple can recognize the revenue from a sale before the product has been delivered to the customer. It’s not clear to me that they can/do.
- jonknee 7y agoThey charge when the item is shipped so I'd guess they can recognize the revenue then.
- spacedcowboy 7y agoI’ve just moved within Apple, and requisitioned a top-of-the-line MBP (my current one is from 2014, I used to use a Mac Pro in my old position). Even with a custom build to top spec, and with it being internal (ie: not customer), it was still shipped in 2 days and arrives tomorrow.
- jedberg 7y agoThey’ve caught up now. The factories in China have been open for weeks.
- george_perez 7y agoDefinitely, products that Apple were always available with deliver within 2 business days. As the crisis grew worse, a lot of products started slipping to 2-3 weeks for delivery. Apple usually doesn't stockpile and sells things as they make it, with a tiny ~margin~ inventory.
- mandeepj 7y ago> with a tiny margin. Not true at all. Apple sells premium products at a premium price
- microtherion 7y agoI suspect GP meant a tiny inventory.
- george_perez 7y agoYes, this is what I meant.
- mandeepj 7y agoThis is not fair. You edited your comment to include "inventory"
- tonyedgecombe 7y agoThis is not fair. This is a discussion site, not a competition. If you are going to correct someone it's probably best to quote them.
- george_perez 7y agoI left the original word in place so people could see that I was corrected. How is that not fair?
- freepor 7y agoHe’s supposed to leave in an error to preserve the context of your correction? LOL.