How Steve Jobs Buys a Company and Why Apple Bought Lala

[Bubba Satori]

Originally Posted by tevion5

Now all they have to do is apply the same tactics again and acquire Google

Is the full moon here already?

[LoloBond]

Originally Posted by budselectjr

becasue AAPL has 3x the amount of outstanding shares compaired to goog?

I love my apple products but I believe AAPL is over inflated.

[vineas]

I never used Lala for the CD sharing, but bought lots of MP3's from there before they were bought by Apple and subsequently shut down. They were the first (that I know of) where if you bought an MP3 from them, you could then stream it to listen anywhere. You could also buy just the streaming for a song for like .10, and there might have even had a match features for streaming too (can't remember for sure though).

I'm still bitter about the service being bought and closed though, it was pretty sweet at the time and there isn't much even now that really match the features and prices.

[apprunner]

Originally Posted by Squilly

Google.

If you used Google correctly, you'd see Apple makes more money in a quarter than Google makes in a year.

The lack of financial understanding is truly hilarious in this forum...hahahaha

[sazivad]

Originally Posted by Squilly

Chances are Google has more revenue & profits than Apple. They have a search engine, Android, RELIABLE Maps, etc.

"Chances are," huh? Wow. Do you really think you can lie about stuff like this?

Let's look at Q3 2012 earnings for Apple and Google, the most recent quarter for which both companies have data.

Google reported about $14 billion in revenue, and Apple reported… let's see… $35 billion.

Oh, and you mentioned Android?

[nep61]

Originally Posted by Lennholm

I doubt it, running a government and running a business is completely different. The whole point of a government is to do the essential things that businesses won't touch because there's no profit in it.

Agreed.... Yes, running a Gov't and running a business ARE 2 different things....

But the point I tried to make was that maybe if Gov't was provided with some fresh ideas --- Steve's ideas--- things could be different...

I was just throwing something out there to divert my attention from the GOOGLE v. APPLE word war that had begun to take place on these pages...
Which is NOT what the original first post was about.... this thread got out of hand quickly.

[Renzatic]

Beet salad?

[Squilly]

Originally Posted by sazivad

"Chances are," huh? Wow. Do you really think you can lie about stuff like this?

Let's look at Q3 2012 earnings for Apple and Google, the most recent quarter for which both companies have data.

Google reported about $14 billion in revenue, and Apple reported… let's see… $35 billion.

Oh, and you mentioned Android?

Forgot to mention ads. That's 95% of their revenue.

[richardtemple]

Originally Posted by Squilly

Google.

You need to learn how to use Google then.

[winston1236]

Originally Posted by tevion5

Now all they have to do is apply the same tactics again and acquire Google

Someone doesnt follow the stock market. Apple could never even come close to buying google.

[KPOM]

Originally Posted by winston1236

Someone doesnt follow the stock market. Apple could never even come close to buying google.

In a stock swap they could. However, there would be a lot of regulatory hurdles, not least of which would be that the combined company would have the top two smartphone operating systems. Culturally the two firms wouldn't match, either.

Apple probably will make some acquisitions with its cash pile, but I doubt it will be a "10 figure" or "11 figure' transaction. Those are the kinds of deals that usually fail, and fail spectacularly.

[winston1236]

Originally Posted by apprunner

If you used Google correctly, you'd see Apple makes more money in a quarter than Google makes in a year.

The lack of financial understanding is truly hilarious in this forum...hahahaha

Speaking of lack of financial understanding! Do you even know the definition of revenue? I know you dont so ill fill you in, its money made before any expenses are paid. Google makes tons of cash off ads that require little labor while apples products require more and more labor at every step. Not to mention r and d. I would be shocked if after expenses apple managed to make more money.

[Bishop1j]

Originally Posted by Squilly

Oh please... Without Google, Apple is nothing.

Trolls gonna Troll.

[coolfactor]

Originally Posted by Squilly

Chances are Google has more revenue & profits than Apple. They have a search engine, Android, RELIABLE Maps, etc.

This is like saying market share is more important than profit margins. Yes, Google makes milions and has their fingers in a lot of [free] pies, some of which become revenue streams, but they are making a mess of their search engine with all of the changes. Their recipe for success was simplicity, and search results are no longer simple. Good thing the results are good enough for most people.

[rmwebs]

Originally Posted by tevion5

Now all they have to do is apply the same tactics again and acquire Google

Yeah, because that would be allowed...

[TheHateMachine]

Originally Posted by tevion5

Now all they have to do is apply the same tactics again and acquire Google

Happened in the first post... cannot say I am surprised though.

[rmwebs]

Originally Posted by nep61

If Steve were alive, he'd be invited to sit with Obama to figure a way out of the Finacial mess this country is in..... He maybe couldn't fix it right away, but there would be some unique ideas thrown out there, I'd bet !

No.

If that was the case, why wasnt he asked to do that before he died, say a year or 2 before when he was healthy?

He was a business man, not a bloody magician.

[TheHateMachine]

Originally Posted by coolfactor

This is like saying market share is more important than profit margins. Yes, Google makes milions and has their fingers in a lot of [free] pies, some of which become revenue streams, but they are making a mess of their search engine with all of the changes. Their recipe for success was simplicity, and search results are no longer simple. Good thing the results are good enough for most people.

Guess it is only the canadian Google engine that is broken? US one still works fabulously and is not a mess.

[ELMNT925]

Why are you guys arguing about government and business and stocks and companies? TALK ABOUT LALA. damn.

[ftaok]

Originally Posted by winston1236

Speaking of lack of financial understanding! Do you even know the definition of revenue? I know you dont so ill fill you in, its money made before any expenses are paid. Google makes tons of cash off ads that require little labor while apples products require more and more labor at every step. Not to mention r and d. I would be shocked if after expenses apple managed to make more money.

You're kidding, right?

Apple has more revenues than Google. Apple has higher profits than Google. These are facts.

The notion that Google ads generate revenue with very little expenses is likely true, but Google spends a ton of money on projects that make little to no profits.

For the last reported quarter, Google had an operating margin of 28%. Apple had an operating margin of 35%. Apple's margins are considered very high for a predominantly hardware company. Google's margins are average for a predominantly software company.

[technopimp]

Originally Posted by 12dylan34

I always thought that the whole "write a number on a piece of paper" thing was just in movies. I guess that it reduces the shock of saying a huge number out loud?

I've done this as well (albeit for purchases much less than $80 million). But for houses, cars, jewelry, yes, this does sometimes work.

[need4speed]

Originally Posted by richardtemple

you need to learn how to use google then.

+1

[ChrisA]

Originally Posted by HishamAkhtar

Tips on how Steve Jobs bought a company:

1) He made an offer
2) It was accepted

For bonus points, pass the offer on a piece of paper for added oomph.

I bet it was really not quite so simple and that number written on the paper was the result of a dozen or so accoiuntants working over over to come up with value.

[slrandall]

Originally Posted by Squilly

Chances are Google has more revenue & profits than Apple.

... are you serious?

[apprunner]

Originally Posted by winston1236

Speaking of lack of financial understanding! Do you even know the definition of revenue? I know you dont so ill fill you in, its money made before any expenses are paid. Google makes tons of cash off ads that require little labor while apples products require more and more labor at every step. Not to mention r and d. I would be shocked if after expenses apple managed to make more money.

Seriously? Do i have to use Google for you?

LTM ending Sept Net Income: Apple = $41.7B ; Google = $10.6B

I was never talking about revenue. I said money...net income is probably a great reflection of earnings for tech companies as asset base is low. We can speak fcf but i don't think you have a sophisticated enough understanding to make reasonable arguments there.

BTW, net income takes into account all the expenses that you speak of above.