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Apple 2Q 2008 Results, Conference Call Highlights: $1.05 Billion in Profit
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all i can say i that i hope the new products refer to entail a new macbook/macbook pro with redesign, as has been rumored for june (wwdc?) obviously 3G iphone will be in the mix, but i wonder if apple will come out with anything completely new, beyond revision, such as a camera
Yep, and they need to price accordingly in those markets. No more ripping off our International friends...
Nonsense. Apple has nothing to do with laptop growth and the slowdown in desktop purchases. This has been going on for years and is easily seen in the PC market. I would assume the reasons would include such things as:
1) The computer is a bigger part of people's lives than before, where they keep all their information, photos, documents, email, data for work, etc. Therefore, they want a portable machine that can be taken with them whereever they go.
2) Associated with #1, laptops used to be bigger and heavier in the past. Now your average laptop is lightweight and easily portable in a small bag or backpack.
3) Computers have WAY down in price in the last 5 years. Notebooks used to constitute a big price premium over a similar desktop. Now, you can get a decent device for $700.
4) Laptops used to require a big hit in performance compared to a desktop. Now days, just about any modern laptop can easily
manage most tasks for the average user, including productivity, music, video, photo editing, web browsing, etc.
"The West" is not a geographical term, it just means the "rich countries", i.e. those countries who have a GDP/capita of over $20k/year or so. Its just a short form of saying: US, Canada, EU, Switzerland, Norway, Iceland, Greenland, Saudi Arabia and UAE, Japan, Australia, New Zealand. You see it gets a bit long winded
What? Saudi Arabia != West world.
D Although the countries encompassed by the term almost always are "1st world" developed countries, "The West" really has nothing to do with wealth.
"The West" refers to countries that have historical similarities in terms of "western culture" and practices. Usually this includes Secular society, a capitalist economics system and some form of democratic goverment. Thus, In practice, the "The West" generally refers to the United States, Canada, Western Europe, and Australia/New Zealand. Obviously, though, that is a generalization. Many South American countries consider themselves western. Likewise, certain countries in geographic areas other than "the west" are included in the group because of their strong economic, political, and cultural ties with North America and Europe, like Japan, South Korea, Taiwan, Israel, South Africa, even Turkey and Lebanon.
more info:
http://en.wikipedia.org/wiki/Western_World
Wow! I'd like to crash as bad as Microsoft, considering that they still have over 93% market share in the home and about 97% market share in business. Vista may have it's naysayers but it is still one of the best selling OS's of all time.
Trust me I would love to see Apple sales go through the roof and see them return to power as a major player in computer market share. However let's get real here Apple - 6% Microsoft windows / vista - 93%. I don't see Microsoft shaking in their boots.
I think we can both agree that Apple is somewhat distinct from the PC market and the buying patterns of Apple customers don't always fall into line with the buying trends of the general public. We can see that right now in the fact that Apple's sales continue to grow while the downturn in the economy negatively impacts the PC market overall.
My comments are about the consumer desktops within the Apple's sphere of existence, not to the PC world as a whole. I could give f___-all for what garbage machines PC users in general are buying. So let's eliminate that from the discussion because honestly, it's irrelevant to the point I'm getting at. I mentioned PCs only tangentially.
My point is that Apple's consumer desktops have been neglected and that affects desktop sales more than anything else. Apple is taking far too long between updates. The components in the Mini are outdated and the unit itself is frankly overpriced. The iMac is hobbled with what is arguably the worst display from Apple in 10 years.
If Apple were to take their desktop line-up more seriously, I think we'd see a different reaction to them. I don't accept the argument that sales of desktop Macs are dictated by the whims of the PC-buying public. I think Apple could be selling significantly more desktop machines if they actually treated them like they gave half-a-crap about them and tried to make the "new" iMacs something other than a rehash of the previous generation with a worse quality display.
Yeah I'm wrong
, According to Wikipedia "the West" means countries with "European origin" cultures, i.e.
Found this on AppleInsider. Very descriptive.
Anyways, $1.05 Billion in profits? WOW! Why not use that to pay its sweatshop workers more? Or cut prices on its products?
AppleInsider said:
Anyways, $1.05 Billion in profits? WOW! Why not use that to pay its sweatshop workers more? Or cut prices on its products?
Many good points, but I think Apple would sell more desktops if they updated them more frequently and got better graphics. If only Apple gave as much love to its computers as it does the iPhone.
It Amazes me.....
Why is the world so against companies making a PROFIT? Well not the entire world...I am sure the shareholders appreciate getting a return on thier investment, but i mean really if Apple products were "overpriced" they wouldn't make a PROFIT, because no one would buy them. As to what they pay their workers it isn't any of YOUR bussiness what they pay thier workers, If they don't like the job they can leave. Nope not a shareholder...just tired of watching people whine and complain when a business is successful....
Why is the world so against companies making a PROFIT? Well not the entire world...I am sure the shareholders appreciate getting a return on thier investment, but i mean really if Apple products were "overpriced" they wouldn't make a PROFIT, because no one would buy them. As to what they pay their workers it isn't any of YOUR bussiness what they pay thier workers, If they don't like the job they can leave. Nope not a shareholder...just tired of watching people whine and complain when a business is successful....
New products!
Stevie boy announced some tremendous new products soon to be released yet again.
How many think we might see the following?
15" Macbook Air using Montevina chipset. 128 GB SSD or 200 GB HDD. 4GB on board memory, with WIMAX.
Personally if they made this machine I would snatch it up, especially if it was in anodized black aluminum.
I believe the Montevina chipset is about the same size as the custom merom chip and motherboard in MBA approximately 60% smaller than the current SR chipset. Is there any obstacle to using the new Montevina chipset in a MBA?
Stevie boy announced some tremendous new products soon to be released yet again.
How many think we might see the following?
15" Macbook Air using Montevina chipset. 128 GB SSD or 200 GB HDD. 4GB on board memory, with WIMAX.
Personally if they made this machine I would snatch it up, especially if it was in anodized black aluminum.
I believe the Montevina chipset is about the same size as the custom merom chip and motherboard in MBA approximately 60% smaller than the current SR chipset. Is there any obstacle to using the new Montevina chipset in a MBA?
Even though it's no longer Apple Computer, maybe they can figure a way to make more than one line of computers with a desktop chip, expandability and a competive price. Please.
Clearly, you have never read about or watched any documentaries about the conditions under which people are forced to work in sweatshops.
Oh yes, did you notice I used the word "forced"?
Read up a little on this topic before you go off on a rant against it. I'm honestly not trying to berate you, but willfully keeping yourself in the dark about this kind of thing does no good for anyone.
Even though it's no longer Apple Computer, maybe they can figure a way to make more than one line of computers with a desktop chip, expandability and a competive price. Please.
<fanboy mode>
But that would confuse users who are far too stupid to deal with choices.
But that would cost Apple too much money.
But the iMac is perfect and if you don't like it maybe you need to just shut up and buy a Windows PC.
Why can't you just be happy with what Apple has done for you? Why must you make so many demands on them? It's not fair.
There's always someone who has to gripe. Apple can't possibly make everyone happy.
Apple's consumer-level machines are aimed at the lowest common denominator. If it doesn't suit you, too bad.
If you don't like the iMac, then you should buy a Mac Pro. It's only $1600 more and $600 for the display. If you want the privilege of choosing your own display, you have to pay up.
</fanboy mode>
Thank you. Plus there are many people in the US who hate their jobs, but can't/won't quit for whatever reason. Maybe they're not qualified to do anything else. Ex: high school drop outs. I guess oristargazer would say, "Well, they can always get a GED" or something. Maybe they don't have the money to do that. Money's another point. Maybe they hate their current job, but it pays more than a job that they'd love to do so they can't afford to leave the job they hate.
Why is the world so against companies making a PROFIT? Well not the entire world...I am sure the shareholders appreciate getting a return on thier investment, but i mean really if Apple products were "overpriced" they wouldn't make a PROFIT, because no one would buy them. As to what they pay their workers it isn't any of YOUR bussiness what they pay thier workers, If they don't like the job they can leave. Nope not a shareholder...just tired of watching people whine and complain when a business is successful....
I don't mind Apple being successful, it's just that I don't see what they need all that money for. I just feel that if you make that much, you should give it out as a thank you for the people who helped make it happen. Plus, you say if it were overpriced, no one will buy it. Well, there are a lot of people who don't b/c it's too expensive. And now you'll say they don't need to buy a Mac. True, but think of it this way: there are many things where you need something, but can't afford it. Someone may need medicine, but don't have the money to buy it so they're screwed. As for Macs, people may need one for their job, but can't afford it. Ex: I work in an all Mac school district. We have many G3 iMacs and they're definitely showing their age. We can't buy any more this year b/c we don't have enough money. If Apple lowered their prices, we might be able to get new computers.
Steve Jobs is not a very altruistic person and it is reflected in Apple's values. Apple does very little to help with donating systems or reducing the price significantly for educational institutes. Steve Jobs gives very little to charity.
However in Apple's defense not Steve Jobs . They actually need a significant amount of cash in reserve due to the fact that Apple takes on more risk than most companies. They design, develop, and market new innovative devices. When they have a series of successes it fills the coffers with money. However when they have a series of duds it drains the reserves of cash rapidly. Without this capitol for Apple to risk they would not be able to develop new products that had a even a hint of not being successful in the market place.
"The West" is not a geographical term, it just means the "rich countries", i.e. those countries who have a GDP/capita of over $20k/year or so. Its just a short form of saying: US, Canada, EU, Switzerland, Norway, Iceland, Greenland, Saudi Arabia and UAE, the Asian Tigers, Japan, Australia, New Zealand. You see it gets a bit long winded
Sorry, but this is just plain wrong. If you wanna put it that way, it's better to say "industrialized countries". GDP per capita means close to nothing...if you wanna see advanced economies, go check official Human Development indexes, which actually already put Brazil in the group of industrialized economies.
And Greenland is not a country; it is part of Denmark.
And most of the Asian Tigers are neither "rich" in your concept nor developed in broad terms.
Since Steve Jobs does not publicly disclose how much he gives to charity, you have no basis for this statement. Perhaps he isn't very charitable, perhaps he is. There is just no way to say for sure. Sorry.
I'm a big noob it seems. When apple post their earnings, does that mean the share price goes up and this $1bn gets divided among the shareholders?
I'm a big noob it seems. When apple post their earnings, does that mean the share price goes up and this $1bn gets divided among the shareholders?
We wish, but no. The cash goes into Apple's big and growing bag of loot. If Apple declared a dividend, the stockholders would see some of that money, but Apple's board just isn't going there, which is too bad.
Actually there are published lists of the top CEO's and their contributions to charity. It is based on public tax returns and reports from various tracking organizations. There was a top ten list and a worst ten list. Steve Jobs is consistently placed on the worst ten list.
Of course that is his prerogative and I am not trying to judge him. I was just responding to a previous posters comments about Apples' lack of using their huge stockpiles of cash to give back to educational institutes or loyal customers and how this attitude is reflected by Steve Jobs himself.
You don't happen to have links to these reports, do you?
And there is the possibility that Steve is donating to charity anonymously...
I remember seeing this list, and the point was made at the time that some wealthy people prefer to donate anonymously. As you said, we don't know if Steve does this, or whether he's just a cheapskate. The man is so intensely private I suspect the former, but the fact is, we don't really know.
What this discussion is doing in a thread on Apple's profits eludes me, though.
Then I'm confused. What reason do all the shareholders have to be happy for? Just the fact that Apple are winning and not losing? No actual direct financial gain to the stockholders?
Thanks.