Are you serious? You understand Apple is a business, and don’t say anything about Steve jobs, he lived money just as much as anyone else and tried to make as much as possible
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Apple is Officially a Trillion Dollar Company as Shares Cross $207 Mark
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What my iMac was £999 in 2007. Equivalent is now £2100.
The rest of workings don’t hold up to scrutiny, either but I’ll let someone with more time point out the flaws in your argument.
The only reason Apple became this successful was because they didn’t care about market share. They only care about their net profit. It would be easy to increase market share by releasing cheaper products, but it would also dramatically shrink their profit margins.
PetroChina. A link is here: https://www.cnbc.com/2018/08/02/pet...-after-reaching-1-trillion-in-market-cap.html
It's not. Unless you're part of that group of fanbois that celebrate the company when you're not personally involved in it beyond being a customer.
He was specifically referring to consumers, not investors.
> Implying Apple didn't have the huge trove of cash to do this with anyway.
Lets point out the flaw in yours, you are citing the cheapest iMac available in 2007 vs what my statement actually was ($2999 on AVERAGE 15 years ago, not 10)
No. I am quoting the equivalent price of my machine today. I have spec’d it out and hence haven’t purchased it.
Plenty of other examples.
£399 iPad. The top of the range iPad in lowest config 2010. Now it is £619.
Entry level Mac mini was £339 when I bought it (with newly updated internals). Now it is £479 for four year old tech.
I can do this all night. Apple under Cook has split the SKU’s to introduce lower spec’d tech to justify calling the original kit ‘pro’. At least in those examples they tried to hoodwink the consumer. With Macs, it’s just brazen gouging.
Ok well I'm talking US dollars so thats the first problem. Here in the US we get more bang for our buck compared to many years ago. Sorry you feel you're getting cheated in the UK.
Interesting article.
Honey, I Shrunk Apple’s Profit Margins
R&D spending is the culprit, and it’s hard to tell whether it’s being put to good use.
https://www.bloomberg.com/view/arti...-1-trillion-honey-i-shrunk-the-profit-margins
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Yes, call up Schwab, Vanguard, Fidelity, Merrill Lynch, Wells etc and ask them to open an account and buy some shares.
Then they’d be like every other company. They wouldn’t have made as much profit and not had as much to put back into their products. They would of skimped on quality, something that’s the main reason we buy from them, just to save a few dollars. Then they would have got a name for not being as high quality or lower customer service in stores. If they even had them.
And they never would have reached this point.
Stop posting nonsense, you can't compare those SSD with Apple SSD's, they are much-MUCH faster and are not the TLC crap you get for that price, educate yourself before commenting on this.
It's just a bloody number, in 10 years 10.000.000.000 is the norm.
There will be a day when even Apple will fail, this might be 5 or 100 years from now but it will end, heck, release just a few really bad products and you're done, especially if something like batteries blow up or there's a huge privacy/safety breach.
Google provides services across the world including underdeveloped countries.
Amazon also provides services across the world including underdeveloped countries.
Apple??? They can't provides products and/or services to lesser countries because they'd charge too much for it
I'm just pointing out the irony behind this. Apple touts how great it's for the environment and how much it helps the world, but it's all selective marketing. I don't think they have responsibilities to help, but it's humorous that they got here by maximizing their profits and pipelines while offering substantially less.
I wasn’t necessarily suggesting they offer a value for money product as iPhones have always carried a premium. What’s now known as the ‘mid tier’ iPhone was once the top of the line in terms of price. I suppose Apple have had a shift in market aim where no longer is the flagship device necessarily aimed at their core consumer.
Like so many others... completely overrated. On that note: Apple book value per share is less than 25$. In other words: That's the "face value" of your 200$ share. https://ycharts.com/companies/AAPL/price_to_book_value While the share value factors in future development, dividend,... the book value is something I'd always consider.
The last years zero interest policy of the central banks massivelly flooded the market with capital. Since no one needs to pay back interest, "every idiot" can lend large amounts of money and start "investing", at least if you happen to be a financial institute. This whole bubble will collapse when the interest rises and some "people" have to start selling to pay off interest or if the banks require payback. Like in 2008, once the spiral starts... I hope y'all have already sold your shares by then, not just the AAPL ones...
The last years zero interest policy of the central banks massivelly flooded the market with capital. Since no one needs to pay back interest, "every idiot" can lend large amounts of money and start "investing", at least if you happen to be a financial institute. This whole bubble will collapse when the interest rises and some "people" have to start selling to pay off interest or if the banks require payback. Like in 2008, once the spiral starts... I hope y'all have already sold your shares by then, not just the AAPL ones...
Are these numbers coming from your gut, or from analysis? If the latter, care to share a little of what your analysis is?