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Apple Employees to Receive 50% Off Apple Watch and Apple Watch Sport Models, $550 Off Gold Model
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margins and costs
Those of you who complain about the margins and costs, I'd also recommend you never eat at a restaurant again either, do you know how much they mark up their food costs?
There's probably a free Econ 101 class you can find online, I highly recommend it.
Those of you who complain about the margins and costs, I'd also recommend you never eat at a restaurant again either, do you know how much they mark up their food costs?
There's probably a free Econ 101 class you can find online, I highly recommend it.
There's a difference between food, which is a necessity to live, and a tech gadget, which isn't.
There's a difference between food, which is a necessity to live, and a tech gadget, which isn't.
.....you don't have to go to a restaurant to live.
There's a difference between food, which is a necessity to live, and a tech gadget, which isn't.
True, yet anyone can buy groceries but somehow all these restaurants with their "crazy margins and costs" somehow survive and even thrive.
Also, if the prices drop, it's usually because they've gotten their return on their R&D and manufacturing costs lower as production goes up, proof that prices drop means Apple is doing the right thing and giving their customers the savings.
Not always. If the prices drop, it could mean the product isn't meeting sales expectations, especially if the price lowers within the first 6 months. Which means the general public didn't feel the product was worth the asking price and that Apple was charging too much.
Apple is certainly not historically known for passing savings onto customers.
that's pretty normal and it's not all profit.(not even close to being all profit)
say you want a new deck built on your house.. your contractor is going to roughly do this:
1/3 materials ($2000)
1/3 labor ($2000)
1/3 admin & profit($2000) [and that's about 20% admin and 13% profit.. Admin fees pay things such as office space/tools/computers/paper/etc.. depending on the setup, this is also where the boss' salary comes from]
if apple is your contractor, it's going to be $6490 instead of $6000.. you decide if you just want the cheapest price possible or if you consider the extra 500 is worth it as you're a fan of their design, usability, etc..
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If Apple was building the deck, it would cost a lot more than just an extra $500 for a $6000 deck, if their profits for the deck match their profit on every iPhone sold.
And as the report I quoted stated, part of the profit they make is in fact spent on research and development, software, shipping, marketing, licensing and other costs. But even with all expenses included, Apple’s margins are more than plentiful.
i don't think you even know what profit means.. sorry
you think apple is profiting 70%+ on every iphone sold.. that is far from the case.
at some point, maybe you should admit to yourself that you know very very little about business.. it's completely (i mean completely!) obvious you don't know what you're talking about.
all youre saying is "i want lower prices!".. that's fine.. say that all you want.. we all want lower prices.
but don't say it from a standpoint of "i know business and i want lower prices"
It's actually pretty standard operating procedure in the luxury watch business to have this sort of one-on-one interaction with an employee and that's usually by appointment, because how else are you going to guarantee that that time is reserved for you? Apple's not doing anything brand new with this appointment system. They've been doing it at the Genius Bar for years.
Also, do you worry about your Apple ID that much? It's not like they're asking for your social security number.
I just love it how everyone is suddenly a business major and feel they must talk down to those who aren't. This forum is amazing sometimes. Please don't ever change.
Not yet...
I'm curious to see who is willing to hand over their Gov. issued ID for Apple to collect/achieve in THEIR database.
I just love it how everyone is suddenly a business major and feel they must talk down to those who aren't. This forum is amazing sometimes. Please don't ever change.
hide behind that defense all you like. the only person buying it is you.
everyone here isn't a business major. some people are. or, they actually run businesses.
they're not attacking you but play the victim all you like. you've posted more than anybody in this thread and most of it is just jibberish.
at some point, the people that know you're fos are going to just tell you to shut up already.
it's fine. you love the attention. (another thing you won't admit but is obvious to others)
sigh. You said Apple financials are publicly available. I said yes but they aren't broken down by product so it doesn't help with the question whether a product's price is related to how much money is spent developing that particular product.
Well yeah, but I personally think that the only reason to make a watch that costs $17k for instance is a desire to add a luxury goods component to their business.
Plus, anybody who can spend $17,000 on a watch is going to expect the $17,000 treatment to come with it. Like an appointment with a knowledgeable person to make sure they get the best buying/owning experience possible.
Like I said though, that's just my personal opinion.
here's another quote notification for you. last little dopamine boost I can offer you today. sorry, gotta go.
There's a difference between food, which is a necessity to live, and a tech gadget, which isn't.
No. You could go, buy a bag of rice and some vegetables and eat for a couple of dollars a day and be fine.
For most people eating out in a restaurant is buying food that is unnecessarily complicated, has too many calories, or is in any number of ways an over priced indulgence that people do for convenience or fun.
So eating in a restaurant is NOT a necessity to live.
There's a difference between food, which is a necessity to live, and a tech gadget, which isn't.
Food can be prepared for a lot less at home, compared to eating out at a restaurant.
Well I came here for intelligent discussion about Apple products. When I see someone writing with authority about something they clearly don't understand, and passing off lies and misinformation as fact, I feel the need to speak out.
Just like if someone came up to you and said that the sky is a lovely green color, when clearly it is not. And yes, I am aware of why the sky looks blue.
I just love it how everyone is suddenly a business major and feel they must talk down to those who aren't. This forum is amazing sometimes. Please don't ever change.
I am a business major (Peter de Vries on LinkedIn here). Your view of profit and how businesses work is severely flawed. Many people here have tried to explain how some of these things work without talking down to you, but you seem resistant to information from others and unprepared to do some research. A bit easy to resort to "I'm being bullied" when you choose to ventilate your opinion as fact and are not prepared to deal with people challenging your ideas.
Some of you take yourselves way too seriously and think way too much of yourselves.
Loosen up. This is a discussion board, not a seminar.