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Looks like the market is devastated with AAPL up 2% today and marching higher again.

People get mad when then sell stock too low.

They didn’t “hide” anything. They told investors they would no longer report unit sales in 2019, which is their choice. You could sell if you thought that ruined the company (lol).

Tons of public companies don’t report metrics investors might like to know. Ever look at Google’s financials? Impossible to understand. No Pixel sales. Microsoft doesn’t report unit sales for their hardware and Samsung doesn’t even report Galaxy unit sales.
Yep, agreed. And I think the resolution with Qualcomm and the confidence the iPhone's will be getting 5G modems in 2020 surely has to help their stock.
 
The lawsuit has merit I think - Apple knew they would miss forecasts long before they announced it to investors, and investors have a mandate to have this information as soon as possible.

Source for that contention? What statute or case law? (As opposed to, say, the rule that says you have to put info in the quarterly and annual disclosures, and if you DO choose to communicate you have to communicate to everyone simultaneously)
 
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MacRumors statistics: 80% chance of a new article being about an upcoming, ongoing, or previous litigation. The remaining 20% is primarily how Apple is doing poorly with x, y, and z.

I'm not sure why anyone would be surprised.

In the US, suing someone or a business is somewhat inexpensive and usually without consequences if you lose. Coupled with the ridiculous amount of money rewarded by juries, there is a reason why all these lawsuits occur.

Most other countries have Tort reform so it's not an issue there.

Apple is facing a class action lawsuit accusing the company of securities fraud for making false statements and failing to disclose adverse information regarding its business prospects

Now if someone was suing Apple over its 2018 MacBook Pro problems, I would agree 100% with that lawsuit :D.
 
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Remember. Anyone can sue anyone or any entity at any time and for any reason. This will go nowhere (other than handing money to lawyers).

Much of this is based on Apple's decision to no report unit sales any more. While this might or might not be a positive move, does anyone have a list of comparable companies that report individual unit sales? Does Samsung (even just their mobile division) report individual sales? Do HP, Dell, Lenovo, Microsoft, and Amazon?
 
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Companies are not required to break down revenue by product. Amazon has never released Kindle sales numbers, for example. And Apple has never reported AppleTV or Watch sales numbers, other than cumulative sales numbers every once in a while during keynotes.

What is somewhat unprecedented is for a company like Apple to release sales figures for a decade and abruptly stop releasing the data, during the same quarter where they miss forecasts.

The lawsuit has merit I think - Apple knew they would miss forecasts long before they announced it to investors, and investors have a mandate to have this information as soon as possible.
Apple announced they would not longer be reporting unit sales long before the end of the quarter, so they wouldn't have known they missed revenue forecast just by the sheer timing of the announcement. Apple reported no more unit sales on their Q4 earnings call, which was in early November...a full 60 days before FY2019Q1 ended. This was always the plan for 2019.
 
Source for that contention? What statute or case law? (As opposed to, say, the rule that says you have to put info in the quarterly and annual disclosures, and if you DO choose to communicate you have to communicate to everyone simultaneously)

Sarbanes-Oxley Act of 2002.
 
The fish rots from its head: Tim Crook
Let's try this again…

MacRumors Bingo.gif


In this case, we're talking about the head that revolutionized Apple's supply chain, buying up millions of CNC machines the early 200s, and enabling Jony Ive's designs to be realized on a mass scale, right? Prior to Cook's intervention, Macs were made in multiple countries with parts being flown back and forth at various stages of assembly. A part from California would by flown to Amsterdam for additional work before being flown back to California.

Really don't like what the guys been doing over the years, stalling consumer technology progress.
Again, he's responsible for coordinating manufacturing that every tech company on the world has adopted as standard. I just got done with Ive's biography, and it seems to me that people advocating against Cook have a rather myopic view of Apple.

At the turn of the century, Apple was like every other tech company; engineers made things and then designers added their "skinned" them. Jobs returned a few days before Ive wanted to quit and reemphasized Apple's ethos: to make great products.

Everything was turned on its head. Function followed form; if the Mac mini were a couple mm larger, it could've housed a less expensive full-sized drive, but Ive and Jobs had twenty models constructed and liked the feeling of the ever-so-slightly-smaller design.

The unibody enclosures that are now characteristic of Apple products were only possible because of the manufacturing Tim secured, the complaints that Animoji and other superficial **** are taking focus away from functionality mirror those of people who believed that Apple's stupid attention to form inhibited function. And Apple's prices have always sucked; the Mac, the iMac, and the iPod were all extremely pricey relative to the competition and their own intended prices.

Nonetheless, Apple has pushed the industry forward, and each of Ive's reductionist designs are copied by all of the competition about half a decade later. No disk drive on the iMac, no CD drive on 2012 MacBooks, and no headphone jack on the iPhone. Some of these decisions were executed under Jobs and are now carried out by Tim.

tl;dr: you can put an "r" between "C" and "ook" all you want, you can claim you're thinking different (even though it's similar to a lotta thinking on this site), but that doesn't change the fact that the Animoji-obsessed, price gouging Tim Cook has pushed the industry forward and is partially responsible for all of Apple's success since the early 2000s.
 
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We all knew this was coming, it was threatened as soon as they announced lower then expected revenue from the iPhone, and that they won’t be telling anyone what future iPhone revenue will be..

Serves them right, you can’t try to fix the market when pensions and life savings are involved...
 
Oh, so it's TIM'S fault that nobody else can do proper face recognition on phones? This advert makes a little more sense now.

View attachment 832657

Not sure you understand my point, so I should probably clarify.

Apple is the leader in consumer tech. Other companies often copy. We've seen this with adoption of notches, with removal of headphone jacks, with flat-inization of UI, etc etc etc.

If Apple operates at the pace of a tortoise, nevermind that Apple itself is slowing down, how much does that incentivize competition to outperform?

It's a window of opportunity, but when consumer options are actually rather limited (google or iOS, take your pick) rather than anywhere near perfectly competitive, that opportunity is thrown out the window and competition too rests on their laurels knowing they can get away with it.

Not a tough concept (imo)
 
tl;dr: you can put an "r" between "C" and "ook" all you want, you can claim you're thinking different (even though it's similar to a lotta thinking on this site), but that doesn't change the fact that the Animoji-obsessed, price gouging Tim Cook has pushed the industry forward and is partially responsible for all of Apple's success since the early 2000s.

tl;dr you can be upset I made an (admittedly) trite joke about a CEO and let it upset you for the day and defend a company's product decisions like they're sentient beings... but I'm still going to make it as will others by its very nature of being trite. Good game mate
 
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The fish rots from its head: Tim Crook

Really don't like what the guys been doing over the years, stalling consumer technology progress.
There's lots to not like about Tim Cook and Apple, but this is a strange take. How does the company with less than 15% of the market share stall technological progress? Shouldn't the vendors that make up the other 85% be able to leave Apple in the dust?
 
There's lots to not like about Tim Cook and Apple, but this is a strange take. How does the company with less than 15% of the market share stall technological progress? Shouldn't the vendors that make up the other 85% be able to leave Apple in the dust?

https://forums.macrumors.com/thread...phone-sales-drop.2178287/page-2#post-27292710

Also- if you were use a device on iOS 7, from 2013 (the iPhone 5S) would you believe that outside of the camera performance / SoC and such (hardware improvements because of their skilled engineering team), that its six years old of an OS? Things havent really come along functionality wise, after over half a decade.

Not where we should be imo
 
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tl;dr you can be upset I made an (admittedly) trite joke about a CEO and let it upset you for the day and defend a company's product decisions like they're sentient beings... but I'm still going to make it as will others by its very nature of being trite. Good game mate
Unless you can point to specifically where I was upset or treated products as though they're sentient, I'm going to opt out of further conversation. It seems though rather than defend your original claim, you're telling others how they feel. Have a great day, thadoggfather. :)
 
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Unless you can point to specifically where I was upset or treated products as though they're sentient, I'm going to opt out of further conversation. It seems though rather than defend your original claim, you're telling others how they feel. Have a great day, thadoggfather. :)

you're saying Tim revolutionized supply chain. Great, he learned how to be an extremely effective bean counter. You re-posted the Macrumors Bingo meme because you felt strongly enough that what I did (the mere act of including an 'r' in the mans last name, haha) was total sacrilege.

He is supposedly a supply chain genius, and I can certainly see it at times, recycling parts for SE, XR, 2018 MacBook Air and mini5/air3 -- many of which are admittedly very good products.

...but being a revolutionary supply chain guy doesnt mean revolutionary products. Unless you're just really into watching the supply chain logistics unfold before your eyes, at the factory or as an employee on the supply chain side of Apple, like that's what 'does' it for you, not sure why any of that would matter to you as a consumer.

I'll copy and paste the same thing I just wrote a moment ago, the same mental exercise:

if you were use a device on iOS 7, from 2013 (the iPhone 5S) would you believe that outside of the camera performance / SoC and such, that its six years old of an OS? Things havent really come along after over half a decade.

I think 'things' should be considerably further along than they are. And if he is such an infallible supply chain genius, why did AirPower turn into indefinitely delayed vaporware, and we are still waiting on that unicorn modular Mac Pro. And 1st gen AirPods hit a really disappointing launch delay. And there are many other products that faced delays, I just can't think of which off hand I'm not a total Apple encyclopedia. Those are just the ones that immediately come to mind.
 
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https://forums.macrumors.com/thread...phone-sales-drop.2178287/page-2#post-27292710

Also- if you were use a device on iOS 7, from 2013 (the iPhone 5S) would you believe that outside of the camera performance / SoC and such, that its six years old of an OS? Things havent really come along after over half a decade.

Not where we should be imo
My point is that Apple is not the only player in the smartphone market. Shouldn't the Android vendors innovate to push themselves ahead of their other competitors? How is it Apple's fault that the Samsungs and LG's of the world refuse to push innovations ... or are they innovating just fine without Apple pushing them?

As for the six year old iPhone idea you mentioned, I'm not quite there. I did update from an iPhone 6 to the Xs a few months ago. So that's 5 years. The Xs is light years ahead of the 6, even from day one. The aesthetics of the OS not changing much is of no consequence to me. Widgets and skins do not constitute innovation to me.
 
Perhaps he just thought it funny and inaccurate that one CEO, of one company, could stall consumer tech progress in general.
So you think its totally beyond belief that the head of the company makes key decisions in determining the road map of its core product lines? hot take

That makes me think of Office Space immediately

whaddayado.jpg

No... I'm saying that technological progress is in the hands of far more companies that just Apple. If Apple lags in progress, other companies continue ahead. They aren't sitting on their hands. Do you really think all future progress is dependent on Apple?
 
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No... I'm saying that technological progress is in the hands of far more companies that just Apple. If Apple lags in progress, other companies continue ahead. They aren't sitting on their hands. Do you really think all future progress is dependent on Apple?

To a large extent, I do. I think I've made it clear that that's my opinion.

Is every single internal corporate decision Samsung or Google makes BECAUSE of Apple? Of course not.

But my general observation still holds in my view. Because of Apple, for example, we are in an era where $1000 flagship smartphones simply isn't a shocker or even rare anymore. Tim owns that one. What they do very often does cause tangible ripples across the entire industry.
 
These lawsuits are so dumb.

What if I told you Apple stock is back at $200 now?

What if they knew the stock was going to take a dip and let it happen so they could buy up more at a cheaper price? No clue if that's true, but at the very least it doesn't look very professional. Either they didn't tell the whole truth, or they were not paying attention.

Doesn't matter if it is back up over $200 today.
 
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