Linked List: April 26, 2016

Tuesday, 26 April 2016

‘This Is Tim’ Q2 2016 

Rene Ritchie and Jason Snell transcribe Tim Cook and CFO Luca Maestri’s remarks from today’s analyst phone call.

Games for Apple Watch 

Some days my best material is on Twitter.

Demand for iPhone SE Exceeds Apple’s Expectations 

Tim Cook, during today’s analyst conference call:

“We’re thrilled with the response that we’ve seen on it. It is clear that there is a demand there even much beyond what we thought. That is really why we have the constraint that we have.”

I find it a little alarming that Apple was taken by surprise on this. Only a little, though, because I don’t think it’ll take them long to get supply in balance. Maybe even by the end of this quarter.

Apple Reports Q2 2016 Results 

Apple press release:

The Company posted quarterly revenue of $50.6 billion and quarterly net income of $10.5 billion, or $1.90 per diluted share. These results compare to revenue of $58 billion and net income of $13.6 billion, or $2.33 per diluted share, in the year-ago quarter. Gross margin was 39.4 percent compared to 40.8 percent in the year-ago quarter. International sales accounted for 67 percent of the quarter’s revenue.

A year-over-year decline for the first quarter in 13 years, but right in line with their guidance for this quarter three months ago. A streak like this had to end eventually.

Update: A slew of charts from Six Colors.