Panicking investors are missing a crucial Apple metric

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There's still a lot of money left in iOS devices.
There's still a lot of money left in iOS devices.
Photo: Ste Smith/Cult of Mac

Apple soothsayers have been predicting doom and gloom for the iPhone-maker ever since Tim Cook dropped the company’s Q1 2016 earnings. iPhone sales are projected to decline. The iPad is still struggling. And even the Mac is taking a drop.

This is the end for Apple according to some Wall Street crazies, but they’re missing a key metric in Apple’s earnings report that shows the company still has a lot of growing to do thanks to it’s huge install base.

iPhones, iPads and Mac, oh my! Apple’s next big earnings call will be January 26

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On January 26, we find out how many millions of iPhones Apple sold over Christmas.
On January 26, we find out how many millions of iPhones Apple sold over Christmas.
Photo: Apple

Mark your calendars. Apple is set to announce its Q1 2016 earnings January 26.

Apple confirmed today via its Investor Relations portal that it will be releasing financial results for the first fiscal quarter of 2016 (re: September through December 2015) at 2 p.m. Pacific on January 26.

If you’d bought Apple stock instead of an Apple III, you’d be a millionaire

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Apple raked in the cash last quarter.
What we wouldn't give to travel back to 1980.
Photo: Jim Merithew/Cult of Mac

Want a spectacular stat for a Friday? Apple stock has increased 22,250 percent since its IPO almost 35 years ago.

And the accompanying depressing thought: If you had taken the money a new Apple computer cost at the time and instead spent it on AAPL stock during its 1980 public offering, you’d be sitting on a personal fortune of $965,650 today — just a few dollars away from being a freshly-minted millionaire.