when you WERE the richest company in the world, what is there to be afraid of in continuing to release your numbers? I think their decision to no longer do that, answers that question.
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Apple CEO Tim Cook Calls Reports That iPhone XR is a Flop 'Bologna'
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when you WERE the richest company in the world, what is there to be afraid of in continuing to release your numbers? I think their decision to no longer do that, answers that question.
The “this” is a that TC cares about your money...that is it. Foolish to think otherwise. If TC cared about the customer, he wouldn’t still be sticking 5400 rpm drives in overpriced computers and he wouldn’t be charging several times market price for memory and SSD storage.
Previous gen hardware? The XR has the same A12 and even main camera as the XS.
This is the time to load up on Apple stock. It will easily double within the next year or two (assuming the clown in charge of this great country doesn't completely destroy our economy in that time).
I've been a shareholder for over 25 years, and over that time the stock has thrived despite two recessions, Steve Jobs's death, and a myriad of other short-term downswings caused by emotional selling precipitated by clueless talking heads. Trolls have predicted doom and gloom during that entire time, even when Steve Jobs was around, and none of it has ever come true.
The bottom line is Apple is running on all cylinders, and well positioned to continue to succeed. And I say that even as I question their ability to succeed in their redoubled efforts to expand into services, and area that Apple has mixed results in over the years. They are simply leaps and bounds ahead of everyone else in their ability to create innovative products that anyone can use, and couple that with great customer service and attention to detail.
I've been a shareholder for over 25 years, and over that time the stock has thrived despite two recessions, Steve Jobs's death, and a myriad of other short-term downswings caused by emotional selling precipitated by clueless talking heads. Trolls have predicted doom and gloom during that entire time, even when Steve Jobs was around, and none of it has ever come true.
The bottom line is Apple is running on all cylinders, and well positioned to continue to succeed. And I say that even as I question their ability to succeed in their redoubled efforts to expand into services, and area that Apple has mixed results in over the years. They are simply leaps and bounds ahead of everyone else in their ability to create innovative products that anyone can use, and couple that with great customer service and attention to detail.
Crazy the XR 64GB costs over $1,000 in Italy.
That money could certainly buy a lot of bologna.
That money could certainly buy a lot of bologna.
Sorry but I can't believe Timmy....He's going to say what's in the best interest of Apple every time..............................as he should.
I make my own Kool Aid
I make my own Kool Aid
Unless he was referring to sandwich meat, it's baloney, not bologna.
Apple CEO Tim Cook recently sat down for an interview with Mad Money's Jim Cramer, which aired today at 6:00 p.m Eastern Time. CNBC shared tidbits of the interview this morning, but now the full discussion is available.
Cook covered topics that include Apple's recent earnings downgrade, Apple's performance in China, iPhone upgrades, how well the iPhone XR sold, and more.
When asked about reports that the iPhone XR was a flop, Cook says he calls "bologna on that." The iPhone XR has, in fact, been the most popular iPhone "every single day" since it started shipping out to customers.
Cook did, however, demure when asked about iPhone XR sales relative to other sales, saying only that he'd like to sell more, and that Apple is "working on that."
According to Cook, naysayers have been saying similar things about Apple for many years now, but Apple is focused on the long term. Cook pointed towards Apple's large active install base, high customer satisfaction rating, and growing services business as positives.
On the topic of poor iPhone sales in China, Cook said that the Chinese economy is slowing, and that trade tension with the U.S. created a "more-sharp downturn." He said that he believes trade tensions are temporary, and that he's heard "some very encouraging words" recently.
As for upgrades, which were impacted in 2018 by the availability of cheaper $29 battery replacements for older devices, Cook said he's not bothered, and that the number of iPhones sold in a 90-day period, which many analysts believe is the "most important metric" is "far, far, far" down on his list of concerns.Apple does plan to encourage upgrades, however, through features like new phone setup, data transfer, and older device trade-ins to lower the base cost of a new device.
Cook went on to explain that Apple's "not about making the cheapest" products, instead focusing on making the "best product that enriches people's lives."The most important thing, says Cook, is that "customers are satisfied."
A full transcript of Cook's Mad Money interview is available from CNBC.
Article Link: Apple CEO Tim Cook Calls Reports That iPhone XR is a Flop 'Bologna'
Sad to say Mr. Tim Cook, I'm one of your previous iPhone owners who's no longer satisfied with your products. Switch to Android and got rid of my iPhones.
I upgraded from a 7 to a XR a week and a half ago after Apple botched a battery replacement on my 7. I *almost* took a refurbed 7 for no charge, of course; but I decided at the last minute to get the XR. I’m glad I did.
This is, by far, the best iPhone I’ve had — and I’ve had many going back to the iPhone 3G. The battery life is incredible — 70ish percent battery remaining after 12 hours off the charger with moderate usage. The portrait mode photos I’ve been able to capture of my son have been great.
I know Apple’s happy because they got a sale they wouldn’t have gotten had they not botched the battery replacement; but I’m happy with the outcome, too.
This is, by far, the best iPhone I’ve had — and I’ve had many going back to the iPhone 3G. The battery life is incredible — 70ish percent battery remaining after 12 hours off the charger with moderate usage. The portrait mode photos I’ve been able to capture of my son have been great.
I know Apple’s happy because they got a sale they wouldn’t have gotten had they not botched the battery replacement; but I’m happy with the outcome, too.
Given that Apple sold 240 million iPhones last year, the personal observations of what one person sees in their neighborhood is rather meaningless. Also, not sure how you determined the loyalty of NYers with respect to iPhones, and what the relevance is of iPhone loyalty to the choice of a particular model within the iPhone line.
No offense, but I'll take the word of the CEO who looks at the sales figures every day and risks prison time for making materially false statements, than that of an anonymous forum poster.
It took a couple of years, but Tim Cook has proven to be a huge boner. I'm really worried about Apple.
It’s hardly specific enough to be a materially false statement....not even close. Why won’t he release sales numbers? We both know the answer.
“Now, the best phones, we knew that, as we went to the X and then the follow-on of the XS and the XS Max, that everybody would not want to spend $1,000 for the phone. So we made the iPhone XR.”
He’s already saying the XS/XS Max isn’t worth the money at all.
Of course. And BMW executives are saying the exact same thing with their 1, 2, 3 series autos, knowing that not everyone wants to spend $50K to $100K+ for a car.
And... and similarly, saying their 4, 5, 6, 7, and 8 series autos are not worth the money at all!
Apple most certainly does, they have to release a lot of numbers on a quarterly basis because they are a publicly traded company.
However, they do not have to release units sold. They have never released units sold for Apple TV, Apple Watch, or ancillary products like cases, iPod Hi-Fi, AirPort devices, etc.
And they've recently chosen to stop releasing units sold for iPhone. It's sort of unprecedented for Apple to release units sold for a product line for a decade then stop right after a major new product launch. Raises a lot of questions I think.
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Apple is not a charity. All they want is as much of your money as you are willing to give them, and that is their right as a corporation in America. I wouldn't have it any other way.
The XR is such an awesome phone. This is certainly no 5C. I believe you Timmy
The XR is probably fine at $749, but I really do think the XR would be greatly benefited by a more reasonable contextual pricing scheme—how about a XR mini at $649, a XS at $899, and a XS Max at $999. That is a much more attractive lineup. How about a name overhaul, while we're at it. iPhone mini, iPhone, iPhone X, and iPhone X Plus.
I don't think their required GPMs would support that.
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Like Samsung, Dell, HP, etc?
I wouldn't know if it flopped or not. But it was a very strange phone, the screen was bigger but had a lower resolution and was a regular LCD, so you didn't get more visible space, just a larger phone. On top of that its the first iPhone without 3D Touch since 3D Touch was introduced. No new features, but did get the new camera and processor, so your really trading some features for others.
I had a hard time recommending one phone over another due to these caveats this time around. Felt a little more clear cut before or at least more of a cost/benefit approach, but not this time.
I had a hard time recommending one phone over another due to these caveats this time around. Felt a little more clear cut before or at least more of a cost/benefit approach, but not this time.