Exactly. It is what it is.
If you take issue with the pricing, take that same amount, invest it in Apple stock instead, sell it when it doubles and get the product for free 😉
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Apple Experimenting With 3D Printing to Create Devices
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If you take issue with the pricing, take that same amount, invest it in Apple stock instead, sell it when it doubles and get the product for free 😉
It’s almost the inverse of CNC milling, building up the unibody instead of milling after cutting up solid blocks into smaller solid blocks and then machining. Less potential energy spent and less waste might lead to faster ramp up more customizability at some point for certain products. I think this is an interesting development to watch.
Truth. Here's some more context:
Tim Cook, along with the entire Board of Directors and all of the C-Suite Apple people, are EXPECTED to increase shareholder value. If they fail in this mission, the BoD can replace them. If the BoD fails in its responsibility, then the Securities and Exchange commission can have them for supper.
As for the quote "Investors ONLY buy stock to MAKE MONEY", this is true to a majority extent. And you are right, EARNINGS GROWTH is the most important single factor behind a company such as Apple being able to enjoy ever-increasing stock prices over many years.
A "story stock" can rise rapidly, yes. But eventually the story runs out of steam and the stock gets crushed. The stock market can be and often is a cruel mistress.
I want to add something to your comment, because you make some great points:
"It's not some exclusive club." This is more right and true than the sky being blue and nighttime being dark. Only in America can somebody who's NOT a member of the corporate or ruling class elite STILL BECOME A MULTIMILLIONAIRE. The third most frequent type of person who becomes a millionaire in America is...(wait for it)...a teacher. Others include engineers, IT people, and managers.
Did you know that there are over 10 million millionaires in America? That comprises about 3% of the population. Most people who become millionaires in the USA do it on a salary of only $50,000-$70,000 per year. Most millionaires own their own home and did not receive a large inheritance. Most millionaires got that way by investing for years and years in their company retirement plan, such as a 401(k). They did it by staying out of debt and living on less than they make.
It really and truly is NOT some exclusive club!
Plus, each investor in America can decide how he or she wants to manage their own money. For example, Sorinut and I are very different investors. I will invest in companies that don't waste money on ESG matters. I will exit my investments if a company is pushing ESG while their earnings and revenues are flat or falling. That's not to say that Sorinut is wrong, no. He(she?) and I are just different investors!
Apple would never make a watch of pure Titanium. It's best used as an alloy...so combined with aluminum, molybdenum, or iron. But still, Titanium is only about 35 US cents per pound. The cost is in all the manufacture, not the metal itself.
Amen, brother! And your best indicator of having the stock grow is simple: Regularly and significantly increasing revenues and earnings on a quarter-by-quarter and annual basis. I also give high marks to low debt, and new products, new services, or new manufacturing process. There are many other factors, but those are just a few of my own requirements.
I've observed that over-emphasis on ESG is often accompanied by a slowing of revenue and/or earnings growth, and so can be a drag on stock price. High ESG scores will tend to make me wonder if the C-Suite of the company in question is maybe too distracted by ESG and not focused ENOUGH on keeping the ship afloat. The more a company advertises its ESG superpowers, the more skittish I get as an investor. ESG is not a bad thing, but it CAN pull the principles AWAY from minding the store.
One exit signal for me is if ESG is pushed hard while layoffs are also happening. If it's not the ESG staff being laid off, then I worry that the company will become dysfunctional. Or non-functional. I'm sure ESG people are fine human beings. But I doubt any of them are going to rush out to the factory floor and man a machine or tool who's regular operator got let go last week.
The best CEO for extended growth will be skilled in three things...being a competent administrator, a competent leader, AND having mad chops as a creative.
You can be ethical and make money in business. Individuals and their companies do that all the time. But you have to know when to put a stop to the hand-waving seances and get down to the actual work of running the business.
Here is where you've steered wrong. Without capitalism/growth, we would still be beating sticks and bones on animal skins. There would be no incentive to succeed in business. There would be no incentive to make anything or to charge money for it. Nobody would be motivated to provide a service worthy of a customer. We would just all be sitting around thinking about conquering our neighbors, rather than trying to figure out how we might get them to give us money for something we've created.
Apple US has been great for me on the phone!
At most you will get...
The kind of 3D printer Apple would be using is most likely won't be sold on Amazon.
Apple isn’t going to use a home 3D printer to make products. Industrial 3D printing can print with very high precision and different materials. A number of rocket engines is made with them for example. It’s more of an issue with the speed and volume.
A company I was working with was printing titanium medical implants. They were pretty upscale.
THat is most certainly not the only way to be motivated to work. Having a nice steady healthy amount of revenue would also be a driver. Not everyone needs to make more than last year to be content (except inflation). I didn't choose my career (veterinarian) based on huge potential for growth, but rather because I knew I could make a good living for my family, but also have job satisfaction and help reduce suffering. And yes I was motivated to succeed from those drivers only. The problem I have with the current state of capitalism, is the income is never enough.
Binder Jet 3D printers cost as much, if not more, than many CNC machines.
I'd implore anyone who's knocking this idea to look into industrial-grade 3D printers, and their use cases. Not only can those kinds of printers use some pretty exotic materials, they can also create parts that could never be made on a CNC machine.
Check out companies like Trumf and ExOne to get an idea of there the tech currently is.
Check out companies like Trumf and ExOne to get an idea of there the tech currently is.
You seem to have missed the fact that a lot of colonization and wars in the past few centuries was because of capitalist nation states’ need for new markets and raw materials.
Actually, that is better described as mercantilism.
I wonder if this will allow more rapid prototyping and more frequent material changes.
As someone who is thinking about a new Apple Watch this fall (would actually be my first), this makes me nervous. What if this process, which still sounds like it's largely in the "test" phase, yields problems, some that might not be apparent until the watch is a few years old and out of warranty? Not sure I want to be the tester for them on this, especially since it could end up costing me money to repair, or leave me with a useless watch. Sure, I guess I could be an S8 instead, but it sucks buying a new device and not getting the latest tech with it.
I’m curious what this “powdered substance” is made of, and how the durability compares to aluminum.
Yawn, not this again. When the Dexcom share price drops by 80%, you'll know that non-invasive BG on a watch is still a couple of years away.
Materials that can be used with Binder Jetting include:
- Sandstone, silica sand for molds and cores
- Stainless steel, nickel based alloys, and tungsten carbide for low-cost metal parts and jewellery
- Ceramics and polymers for the full color decorative objects such as figurines
A Short Guide to 3D Printing with Binder Jetting
From its emergence in the mid-1990s, Binder Jetting has evolved into a key additive manufacturing technology with a variety of applications. From In this tutorial we’ll delve into how Binder Jetting works, its benefits and limitations and practical tips on how you can get the most out of this...
facfox.com
3d metal printing has been around for years, so this should be a similar risk level to any new Apple model, I would expect.
But I mainly wanted to say I like your Pixies avatar!
The price for titanium is not 0.35 cents a pound. That’s the price for scrap. The price is around $25 a pound, or around five times that of copper, which is pretty expensive. Your error is what happens when you look something up in Google and accept the first answer as the correct one, which often it is not, as in this case.
i work with titanium. It is difficult to work with and requires special handling. Many workings require an argon atmosphere. It’s difficult to machine and my milling bits are very expensive. One small titanium screw can cost several dollars.
Yeah, I was under the impression that pricing for titanium powder for the 3d metal printers was even worse (in the hundreds of dollars per KG), so it is strange to see people complaining about Apple not passing on some hypothetical savings on a future process that is still just a rumour.
“A second process uses heat and pressure to squeeze the material into a substance that feels like steel, and it is then refined with milling.”
“Gurman claims that Apple plans to use this new 3D printing method for the chassis of the stainless steel Apple Watch Series 9 models”
Why would I pay more for an Apple Watch that feels like steel. What even is it?
“Gurman claims that Apple plans to use this new 3D printing method for the chassis of the stainless steel Apple Watch Series 9 models”
Why would I pay more for an Apple Watch that feels like steel. What even is it?
Apple watch could cost less, as well as it could have better metal specifications than the current one.
Apple has been working on metal 3D printing for years and has filed several patents.
Today 3D printing is used on luxury cars, racing cars, rockets and planes.
I read a lot of criticisms currently, but honestly I can't find one that has solid foundations.
Apple has been working on metal 3D printing for years and has filed several patents.
Today 3D printing is used on luxury cars, racing cars, rockets and planes.
I read a lot of criticisms currently, but honestly I can't find one that has solid foundations.