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Oktay_LS OP t1_iu3ogdw wrote

Source: Apple Investor Relations (apple.com), created on python.

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10kLines t1_iu3s07m wrote

"Values in Billions" once, drop the "B" on every single number

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DutchVortex t1_iu3svl2 wrote

6.8B spend on spies... How many spies do they have...

−3

respawn_12 t1_iu3t6qs wrote

I am new to the whole finance world. So forgive me for the stupid question but what is operating expense ? And why it is not included in cost of revenue section ?

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restlessleg t1_iu3un51 wrote

sankey charts are super hard to make in tableau.

too much maths

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himishim t1_iu3v34e wrote

Replying to respawn_12 (#280,293)

Operating costs would be costs that are not directly associated with the products or services produced. For example, to produce an individual iPhone, the material and labour would be part of the cost of revenue since you can attribute a specific cost per item for the good. However, the rent you pay for the factory would be part of the operating cost since it is not tied directly to producing the iPhone. You would be the same rent if you produced 0 iPhones for that period or 1m.

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app4that t1_iu41ax9 wrote

‘MacBook’ should just say Mac

Nice visual - would love to see just their AirPods broken down

Also hard to imagine 90 billion in a single quarter. Absolutely incredible. They are pulling in a billion dollars a day, every day is a billion dollar day…

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tthrivi t1_iu4577v wrote

So…why does apple need to raise the price of their services. Jeez.

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Yossarian216 t1_iu48of6 wrote

Replying to tthrivi (#282,406)

Because capitalism is at its core a cancerous philosophy that demands constant growth? Like literally if Apple were to announce that their profits were simply going to stay at current levels, which is extremely profitable as this chart shows, their stock price would tank. And since executives are not only compensated by stock price but are often contractually obligated to keep prices high for shareholders, they have to constantly be increasing profit. It’s a completely perverse set of incentives hyper focused on short term outcomes, and it’s destroying the world.

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cindy6507 t1_iu491jr wrote

Because they actually build things

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londoncatvet t1_iu4a4lr wrote

As I understand it, "FAANG" is an acronym for Facebook Amazon Apple Netflix Google.

Shouldn't the heading read, "Apple"?

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Yossarian216 t1_iu4bub9 wrote

Replying to londoncatvet (#283,377)

I’m someone who thinks capitalism needs to be regulated and restrained in order to keep it from destroying the world, and we are failing miserably at this task. The banks that created the financial crisis in 2008 but were “too big to fail” are all even bigger now. Big companies control far too much already and are getting bigger all the time. How many people can live and work in our current society without being a customer of Apple or Google or Microsoft? That growth mentality, it infects everything we are currently doing. It’s why oil companies are price gouging us to raise their profits, which are then being used on stock buybacks to bump the stock price. It’s toxic, and it hurts and kills people, and it’s the primary driver behind climate change, which will eventually destroy human society.

So no, not really a capitalist.

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HarpoonNPuppies t1_iu4dqtx wrote

I keep seeing this and I’m confused… isn’t “Net Income” supposed to be “Net Profit”?

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WaywardTraveller t1_iu4ihkr wrote

Replying to 10kLines (#280,134)

So replace 17 characters with 18? Bit of a wash.

I'd argue for replacing the finance formatting of negative numbers with a more traditional minus sign. If you know what numbers in brackets in the context of financial reports, then all good...but I suspect most people don't find that obvious, especially when presented on an infographic.

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nlpnt t1_iu4jpb7 wrote

Replying to londoncatvet (#283,454)

Someone was suggesting dropping Netflix, since they're not so much a tech company as a Hollywood studio anymore. They'd have to change the order to avoid...unfortunate implications. GAAF would work.

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WaywardTraveller t1_iu4mkui wrote

Replying to 10kLines (#285,990)

Lol you take this way too seriously dude...

But since you have, of course we can pick and choose which measure is most important. OH, and now we're looking at a difference of opinion...fancy that.

Lighten up. Life's too short to take things like this that seriously.

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JumpingPotato1 t1_iu4nzjt wrote

Excellent Job including Profit Margin. Every time somebody makes an Operating Profit Chart like this it needs to be included.

1

himishim t1_iu4plmv wrote

Replying to vikas_g (#285,947)

Depends on how Apple treats it. The statements provided to the public were at the level represented here which is a high level.

It probably is a mix of both though. So, the labour element of the cost can have an element that is direct to the sales - I would say if they have a factory to produce iPhones - the individuals working in the assembly line would form the cost that is within the cost of revenue value shown. However, individuals such as more senior managers/ support staff/ back office, etc which would not be directly associated with production would sit in the operating expenses value.

Obviously it all ends up being counted to get the net income but separating it properly does provide information on what adjustments can be made to manage costs and this structure of presenting things is carried out to follow required standards for those statements.

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9mije91 t1_iu4q557 wrote

Serious question. Where is all the money that is supposedly stashed overseas for future development ? Products cost?

1

RenanGreca t1_iu4u4mb wrote

This FAANG thing confuses me, why is Netflix considered a tech giant and not Microsoft? Netflix is a much smaller company than the others.

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1sttomars t1_iu4zbu9 wrote

"Apple may be the most resilient among the FAANGs this Earnings Season" says Apple investor relations slide.

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orangehorton t1_iu4zu21 wrote

Replying to Lemoncrazedcamel (#285,650)

FAANG is just an acronym for well performing stocks in the early 2010s. Due to a lot of them being tech companies, people over time just use the phrase to talk about tech companies in general, and not use it for the actual purpose the acronym started as

1

orangehorton t1_iu4zxfd wrote

Replying to RenanGreca (#287,773)

FAANG is just an acronym for well performing stocks in the early 2010s. Due to a lot of them being tech companies, people over time just use the phrase to talk about tech companies in general, and not use it for the actual purpose the acronym started as

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Luder714 t1_iu5210j wrote

I you took half of their yearly profit and distributed it to each employee equally, they would each get over a million dollars. There would still be 40B profit.

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swagaunaut t1_iu5cjlz wrote

Might be wrong here but isn't it Q3, not Q4.

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Daddywags42 t1_iu5dwsh wrote

So Apple hasn’t had a great new idea sense the iPhone?

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Adghar t1_iu5xh0a wrote

Replying to Oktay_LS (#279,656)

Surprised no one has asked yet that I could see. Is that a typo in the title? Q4 2022 has hardly even started, so this is Q3 2022 data, right?

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ChocolateBunny t1_iu69pvk wrote

Replying to app4that (#281,662)

>every day is a billion dollar day…

that hurts my head to think about. In a few minutes, they would have made more money than I'll ever make in my life time (assuming inflation doesn't get too rough).

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DeepTh0tt t1_iu6docy wrote

Let me tell you who does poorly during a recession. Companies like Apple.

Apple stands to lead the pack doing poorly.

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WolverineLonely3209 t1_iu6drd3 wrote

Why do people include Netflix and Facebook but not Microsoft? FAANG means absolutely nothing at this point.

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WingTzu t1_iu6ldj8 wrote

Replying to rebootyourbrainstem (#285,994)

Yeah, imo it just confirms the notion that Apple doesn't really "invent" a whole lot. What they do well is taking already conceived technologies and packaging them in a way no one else does.

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JohnnyAK907 t1_iu76u6h wrote

I hope this chart means something to someone, because to me it looks like a mess of IDE cables.

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rashnull t1_iu7qbog wrote

Lol! More Apple devices means more what? Yes! You got it! More Googling, Amazon shopping, Prime watching, Netflix and chilling, Facegramming, Cloud Computering, Artificial Intellinting, Quantum Rebooting! Buy it all folks!

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Jermachi t1_iu83lsp wrote

I don’t want to be that guy but you may want to change the weather icon to the iCloud icon.

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PrestameUnSol t1_iufcegb wrote

Does anyone know if this kind of graph cam be done in ggplot2?

1