Apple Reports Fourth Quarter Results

&gt; as we continue to make progress toward our goal of reaching a net cash neutral position over time<p>Can someone more business savvy explain what that means?

FT reporting that sales $6bn lower due to component shortages-that’s a substantial hit.

&gt;“This year we launched our most powerful products ever, from M1-powered Macs to an iPhone 13 lineup that is setting a new standard for performance and empowering our customers to create and connect in new ways,” said Tim Cook<p>one platform for all their products. (one ring to rule them all) how much did Apple saved by going with their own in-house designed chip?

Isn&#x27;t a $0.22 dividend per common share quite low?

Is it possible that its not 100% shortage problem but rather a problem with Apple&#x27;s iPhone business? It has been a decline for a while now. They have nowhere as big of a market share and generally they&#x27;ve shifted towards services as a hedge.<p>Most discussions and news sites report shortage issues but I wonder if there is an underlying deeper reason.

Gross margin on the the increase in services sales looks astonishing. Has there been a one off increase in eg fees for Google search in services revenue?

There is a fairly big drop (-3.4%) in the after market.<p>So I guess those results are a disappointment.

Services revenue is at risk due to increased antitrust scrutiny worldwide. The more Apple focuses on services, the bigger the potential downside on their valuation.

iPhone 13 is not going to sell well. And while I believe they will sell a good amount of laptops this holiday season, they are relatively low margin products and do not represent cross selling opportunities as you do with phones.<p>This is to say, Apple “needs” a new major product. Car is a moonshot but I personally think they can easily tackle the gaming space. They have all the right pieces to create $500B market cap.