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Apple Financial Results Q4 2021

Yesterday, Apple released its financial results for the fourth quarter ending September 25, 2021.

The Company posted a September quarter revenue record of $83.4 billion, up 29 percent year over year, and quarterly earnings per diluted share of $1.24. They announced quarterly dividends of $0.22USD per share.

iPhone $38,868 million (up 47%)
Mac $9,178 million (up 1.6%)
iPad $8,252 million (up 21.4%)
Wearables, Home and Accessories $8,785 million (up 11.5%)
Services $14,549 million (up 25.6%)
Total Net Sales $83,360 million (up 28.8%)

CEO Tim Cook explained that because of supply constraints the Total Net Sales were down about $6 billion from what they otherwise would have been. Macworld has the story:

Six. Billion. Dollars. That’s cash that Apple’s customers slapped on the table in the last three months, saying “shut up and take my money“… and were denied. Because Apple just didn’t have the products available to sell. That record $83.4 billion quarter should’ve been a record $89.4 billion quarter, but for all the woes in the international supply chain. And here’s the scarier part: it’s going to get worse before it gets better.

“What we’re saying is that the nominal amount of supply constraints for Q1, we estimate to be larger than $6 billion,” Cook said. “And so it’s important to know that we’re getting a lot more supply in Q1 than we had in Q4, obviously because our sequential growth is significant and we have very solid growth year over year. And so the amount of supply is growing dramatically, it’s just that the demand is so robust that we envision having supply constraints for the quarter.”

Jason Snell has some preliminary graphs, and don’t miss the revenue overview in his fun with charts post.

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Running for Mayor

Last August while traveling through Medicine Hat I met-up with an old high school friend, Linnsie Clark. I’d heard she was running for mayor and I wanted to hear more about her campaign and catch up.

We talked for hours. She told me about some of the concerning proposals within the current council and why she was running and how she didnt even have a Facebook account before this and how difficult it was to find the right people to help with a campaign.

Clearly she found a great team because last week after the election I woke up to the news that not only had Linnsie won, she won in a landslide making her the youngest and the first woman mayor in the history of Medicine Hat.

The Medicine Hat News has a Q and A with Linnsie Clark.

(Previously)

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Covid Test

I woke up with a sore throat this morning and pulled the trigger on getting a Covid test. I didn’t want to because, as everyone knows, once you sign up for a test you’re legally obligated to quarantine until results are back. So no playdates with the kids and my friends’ kids (at least not with me, Ange took them out to the park). And the big stress of the day became whipping up sub plans and trying to find someone to go in for me tomorrow.

Luckily enough, I couldn’t find a sub right away and before I had someone booked (less than 12 hours after the test) the relieving negative result arrived via text message.

On the other hand, I was already starting to look forward to a day in bed watching the Apple event tomorrow. I’m strongly thinking about getting a new MacBook Pro and I’ve been patiently waiting for this day since the rumours first started circulating in 2018. I guess I’ll just have to catch it on the replay.

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Lawyer wants inquiry into alleged threats of retaliation against MLA and CBC journalist by Lethbridge police

A Calgary defence lawyer is calling for a public inquiry into allegations that members of the Lethbridge Police Service have threatened retaliation against NDP MLA Shannon Phillips and CBC journalist Meghan Grant for exposing misconduct within the force.
— Read on www.cbc.ca/news/canada/calgary/lethbridge-police-threats-public-inquiry-1.6195354

Previously

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Misquoting Einstein

Reading this short piece about digging up the author of a quotation misattributed to Albert Einstein hit me just right. Which led me to this Business Insider article of 12 commonly misattributed quotations.

I’ve listed them below, but if youre curious to find accurate attributions, I recommend checking out the article.

“Let them eat cake.” — not Marie Antoinette

“I disapprove of what you say, but I will defend to the death your right to say it.” — not Voltaire

“Standing on the shoulders of giants” — not Sir Isaac Newton

“Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure.” — not Nelson Mandela

“Age is an issue of mind over matter. If you don’t mind, it doesn’t matter.” — not Mark Twain or Jack Benny or Muhammad Al

“Be who you are and say what you feel because those who mind don’t matter, and those who matter don’t mind.” — not Dr. Seuss

“Well-behaved women rarely make history.” — not Marilyn Monroe

“There’s a sucker born every minute.” — not P.T. Barnum

“If you have to ask how much they are, you can’t afford one.” — not J.P. Morgan

“If you’re not a liberal when you’re 25, you have no heart. If you’re not a conservative by the time you’re 35, you have no brain.” — not Winston Churchill

“The ends justify the means.” — not Niccolo Machiavelli

“Insanity is doing the same thing over and over again and expecting different results.” — not Albert Einstein

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The Covid-19 Virus Explained

Covid-19 Explained by PHDcomics

PHDcomics has a great explainer on Covid-19.

Speaking of Covid-19, I just got a third vaccination the other day because I was in the age group of Canadians that had a mixed variety of vaccines and if I want to travel to the USA I need to have two doses of an approved (down there) vaccine. Now I’ve had an AstraZeneca and two Moderna shots. I felt a bit of a headache after the third shot but overall it was less intense than the first two, and also I didn’t preload up on ibuprofen like I did previously.

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