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The iPhone 6 wouldn’t have here if not for Cook. Steve said to me he would have never released it because he was stuck on small form factors. The 1T is all cook, my friend.
The iPhone 6 wouldn’t have here if not for Cook. Steve said to me he would have never released it because he was stuck on small form factors. The 1T is all cook, my friend.
That 1T is thanks to the iPhone which Steve invented. No Steve means no iPhone which means no iPhone 6. Tim Cook hasn’t come up with a single revolutionary product category since he took over. Jobs came up with 4. All of them setting the market on fire. Tim inherited 4 fat cash cows and milked them for all they were worth.

Also what makes you think the smaller form factor wouldn’t have sold well? People buy anything with an Apple logo on it.
 
That 1T is thanks to the iPhone which Steve invented. No Steve means no iPhone which means no iPhone 6. Tim Cook hasn’t come up with a single revolutionary product category since he took over. Jobs came up with 4. All of them setting the market on fire. Tim inherited 4 fat cash cows and milked them for all they were worth.

Also what makes you think the smaller form factor wouldn’t have sold well? People buy anything with an Apple logo on it.
Tim Cook invented the iPhone 6. Steve had nothing to do with an iPhone 6.

Tim doesn’t have to come up with anything new unless you consider Apple Watch, HomePod, AirPod etc, he is a master at giving customers what they want. Period. This 1T is eating away at people.
 
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That 1T is thanks to the iPhone which Steve invented. No Steve means no iPhone which means no iPhone 6. Tim Cook hasn’t come up with a single revolutionary product category since he took over. Jobs came up with 4. All of them setting the market on fire. Tim inherited 4 fat cash cows and milked them for all they were worth.

Also what makes you think the smaller form factor wouldn’t have sold well? People buy anything with an Apple logo on it.
It would be unusual for the CEO of any company bigger than a few thousand employees to be expected to ‘come up with products’. They focus on the business, not R&D as they employ specialists in these fields. Steve Jobs was an exception with his influence and I very much doubt Apple expected him to be replaced like for like. I think a lot of fans on here make the mistake of performing this comparison.
 
Depends on what kind of technology you are talking about. Smartphones and tablets are nice, but when people become so addicted to them (i am not talking about clinical addiction), how is this type of technology beneficial exactly???

Technology is supposed to help us and make our lives easier and yet as many examples as there are of technologies achieving this, there are equally examples of technologies achieving the opposite. Will ultimately technology be the doom of hunanity? It remains to be seen, but we will be long gone by then...
People can become addicted to anything so it's not fair to simply blame anything for addiction. For instance, there has been a strong backlash against social media recently but I still think it brings much more good to the world than bad and I don't even use it much myself. My point is that human technology and evolution go hand in hand so trying to outright ban any technology for fear of it is addictive or dangerous to society is foolish. We might be doomed by our own hands but we wouldn't have it any other way.
 
The only people who are celebrating this milestone are stockholders and employees.

Apple got to this point through really greedy business practices: ripping off customers by forcing them to buy
dongles, non-upgradable computers, skimping on materials (touch gate,) purposely crappy cables that fray, junk keyboards, inadequate batteries,
secretly throttled iPhones prompting new purchases, planned obsolescence (whatever happened to the 10 year Grandfather Clause?)
roping first adopters into testing for them all their rushed to market software and hardware instead of forking out money to do that themselves, and using slave labor to produce their products. They steal patents from smaller companies, and only after class action suits admit mistakes and institute repair programs.

Just no longer including a dongle ( as rumored) for the simplest task of listening to music with headphones will make
them a hundred million.

A trillion? I'm surprised it's not two already.

(This rant has been brought to you by a Starbucks Double Shot.)
 
The only people who are celebrating this milestone are stockholders and employees.

Apple got to this point through really greedy business practices: ripping off customers by forcing them to buy
dongles, non-upgradable computers, skimping on materials (touch gate,) purposely crappy cables that fray, junk keyboards, inadequate batteries,
secretly throttled iPhones prompting new purchases, planned obsolescence (whatever happened to the 10 year Grandfather Clause?)
roping first adopters into testing for them all their rushed to market software and hardware instead of forking out money to do that themselves, and using slave labor to produce their products. They steal patents from smaller companies, and only after class action suits admit mistakes and institute repair programs.

Just no longer including a dongle ( as rumored) for the simplest task of listening to music with headphones will make
them a hundred million.

A trillion? I'm surprised it's not two already.

(This rant has been brought to you by a Starbucks Double Shot.)

And me.

I am neither employed by Apple nor do I hold any Apple stock.

I am just a very happy and satisfied user of Apple products who has witnessed the company grow and prosper through the years.

Why do people cheer when Usain Bolt wins a race when they will not benefit from him winning? Because they want to celebrate excellence. Same here.

Criticise Apple when they deserve it, but also acknowledge credit when it’s due. Apple is on a roll, and there are no signs of stopping.
 
That 1T is thanks to the iPhone which Steve invented. No Steve means no iPhone which means no iPhone 6. Tim Cook hasn’t come up with a single revolutionary product category since he took over. Jobs came up with 4. All of them setting the market on fire. Tim inherited 4 fat cash cows and milked them for all they were worth.

Also what makes you think the smaller form factor wouldn’t have sold well? People buy anything with an Apple logo on it.

There’s a lot more nuance to that.

https://techpinions.com/apples-road-to-a-trillion-dollar-company/53395

Scroll down. There are six reasons listed for why Apple grew, and how it came to be as big as it today.

3. Operational excellence. While Steve Jobs gets all the credit for vision and his role in championing Apple’s products, Tim Cook’s role while Chief Operating Officer where he built a world-class supply chain cannot be overestimated. And the framework from what Cook built starting around 2000 is still the foundation for Apple operational brilliance. Before Cook took over the supply chain, it was a mess. Interestingly, Cook’s role as COO has served him well as a CEO. He is one of the only CEOs in tech that understands firsthand the entire ecosystem of what it takes to build world-class products and still has makes his mark on their current operations and supply chain.

And it ends with this.

While there are challenges ahead for Apple, given what Apple has created in the way of a great OS, great hardware designs, a deep services offering and a world-class team of leaders, I see no reason why Apple can’t continue to innovate and grow in the near future.
 
And me.

I am neither employed by Apple nor do I hold any Apple stock.

I am just a very happy and satisfied user of Apple products who has witnessed the company grow and prosper through the years.

Why do people cheer when Usain Bolt wins a race when they will not benefit from him winning? Because they want to celebrate excellence. Same here.

Criticise Apple when they deserve it, but also acknowledge credit when it’s due. Apple is on a roll, and there are no signs of stopping.

You got into the ecosystem after 2010 if I recall from your earlier posts, and it's great how it works for you currently. They had already pivoted off a major key decision, i.e. switching completely to x86. You weren't involved with Apple when it was a different landscape. Some of us have gone through the ups/downs in this ecosystem for multiple decades beyond your experience.

If history is any indicator, it's going in a direction that will have higher chances of repercussions.
 
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And me.

I am neither employed by Apple nor do I hold any Apple stock.

I am just a very happy and satisfied user of Apple products who has witnessed the company grow and prosper through the years.

Why do people cheer when Usain Bolt wins a race when they will not benefit from him winning? Because they want to celebrate excellence. Same here.

Criticise Apple when they deserve it, but also acknowledge credit when it’s due. Apple is on a roll, and there are no signs of stopping.

If it cost people a significant amount of money to watch Usain Bolt each time he ran then your comparison would be valid. It’s entertainment which is very different to having your upgrade increase anywhere from £200 to £400 with very little justification. That’s what I feel Apple have done.

I love their products too and stick with them because I like iOS and what it offers. It sucks that they’ve put me in a position where I have to ask myself if paying £1k+ for a phone is really worth it though. As somebody who was a first adopter and enjoyed the latest tech I’m now someone who buys last year’s phone and looks for a deal. I take no pride in seeing them post record profits as it all feels like it’s a result of taking the piss out of us. Good for you though.
 
The only people who are celebrating this milestone are stockholders and employees.

Apple got to this point through really greedy business practices: ripping off customers by forcing them to buy
dongles, non-upgradable computers, skimping on materials (touch gate,) purposely crappy cables that fray, junk keyboards, inadequate batteries,
secretly throttled iPhones prompting new purchases, planned obsolescence (whatever happened to the 10 year Grandfather Clause?)
roping first adopters into testing for them all their rushed to market software and hardware instead of forking out money to do that themselves, and using slave labor to produce their products. They steal patents from smaller companies, and only after class action suits admit mistakes and institute repair programs.

Just no longer including a dongle ( as rumored) for the simplest task of listening to music with headphones will make
them a hundred million.

A trillion? I'm surprised it's not two already.

(This rant has been brought to you by a Starbucks Double Shot.)
Apple don't hold a gun to your head. If you don't like what they are selling, think the price is too high, don't want to use a dongle then don't buy Apple products. Apple aren't the only ones making, phones, computers, tablets etc.
 
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Thats the kind of push back Apple lacks, it seems like the consumers who buy their products, aren't vocal enough when they fxck up. You'll find plenty of people here defending them while at the same time getting screwed in the ass.
Your right. People just don’t know how to speak up nowadays. Its a societal problem. So many people go through life feeling like they are getting the short end of the stick but are too afraid to speak up for themselves.
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They never would have have got to this position if it wasn't for the Mac? The only reason Apple was able to succeed was by creating a solid product that people loved which was the Mac. That allowed them to then create the iPod, build to the iPhone then ultimately the iPad, watch and now home pod.

Apple has turned their back on that customer base that allowed them to create all of these amazing products. I understand that Apple has other areas that are more profitable. However when Steve was alive he always ensured that Mac got the attention it deserved even after the success of the iPhone. Tim Cook only cares about the investors and his back pocket and it shows. Steve never cared about the money, he was obsessed with creating the next amazing product.
I wouldn’t say Steve never cared about money but he definitely cared more about the product than the profit. Tim Cook is just the opposite.
 
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Your right. People just don’t know how to speak up nowadays. Its a societal problem. So many people go through life feeling like they are getting the short end of the stick but are too afraid to speak up for themselves.
[doublepost=1533482150][/doublepost]
I wouldn’t say Steve never cared about money but he definitely cared more about the product than the profit. Tim Cook is just the opposite.
It's a CEOs responsibility to run a for profit company profitably. They both care(d) about customers, product and profit. Their styles are different, But if you really believe Tim Cook is profits first, do we assume you don't buy apple products these days?
 
If it cost people a significant amount of money to watch Usain Bolt each time he ran then your comparison would be valid. It’s entertainment which is very different to having your upgrade increase anywhere from £200 to £400 with very little justification. That’s what I feel Apple have done.

I love their products too and stick with them because I like iOS and what it offers. It sucks that they’ve put me in a position where I have to ask myself if paying £1k+ for a phone is really worth it though. As somebody who was a first adopter and enjoyed the latest tech I’m now someone who buys last year’s phone and looks for a deal. I take no pride in seeing them post record profits as it all feels like it’s a result of taking the piss out of us. Good for you though.
Not to mention who knows how much of those profits were contributed by Throttlegate where they slowed down older phones without warning.
 
It's a CEOs responsibility to run a for profit company profitably. They both care(d) about customers, product and profit. Their styles are different, But if you really believe Tim Cook is profits first, do we assume you don't buy apple products these days?

Cook was one of the first person Jobs brought on board when he came at Apple because the company was near death and needed someone able to get costs under control so they'd actually be profitable.

Not only that, by all measures, Cook and Jobs were really close and Jobs chose him as a sucessor years before he actually died (he was acting CEO years before and probably was probably in charge of most CEO functions from 2009 on). That tells us that Cook and Jobs are much closer in their philosophy of how and where the enterprise should go than many of the backseat CEO's think.

Apple is not just "profitable", they're not Wallmart they're highly profitable with a high margin.
Keeping those high margins AND high volumes requires that they satisfy their customers in extraordinary ways.

The damn meme that people buying Apple products are just sheeps flies in the face of every economic theory that have people maximizing the benefits/value of their money spent.

That people buying Apple products would be intelligent enough to have a high amount of economic power in all sphere of their lives and somehow only make stupid decisions that go against their best interests when it comes to Apple doesn't make sense. Yet, we get that kind of crap being said all the time.
 
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This can be left as an exercise for the reader 0 to infinity.
But like it or not it has happened. Touch Disease and thrttolegate have happened. We do not know the scale but it has happened and with Apple even 1% is probably millions of devices which is enough margin to break the previous year's sales records. For instance, I bought an iPhone X because Apple slowed down my 7 Plus.
 
But like it or not it has happened. Touch Disease and thrttolegate have happened. We do not know the scale but it has happened and with Apple even 1% is probably millions of devices which is enough margin to break the previous year's sales records. For instance, I bought an iPhone X because Apple slowed down my 7 Plus.
You can’t prove that it really happened other than some anonymous internet posters who “claim” they may have gotten a new phone for various reasons.

Apple didn’t slow down the iPhone 7 they fixed a bug that surfaced in iOS 10. But as I said people can claim anything on an anonymous Internet forum.
 
You can’t prove that it really happened other than some anonymous internet posters who “claim” they may have gotten a new phone for various reasons.

Apple didn’t slow down the iPhone 7 they fixed a bug that surfaced in iOS 10. But as I said people can claim anything on an anonymous Internet forum.

So throttlegate and Touch Disease didn’t happen? The consequence of a slow phone? A new one. It’s not like the iPhone is that much of an expensive piece of equipment in the first place.

The home button is just a part of the slowdown. The battery life and OS responsiveness took a huge hit with iOS 11.
 
So throttlegate and Touch Disease didn’t happen? The consequence of a slow phone? A new one. It’s not like the iPhone is that much of an expensive piece of equipment in the first place.

The home button is just a part of the slowdown. The battery life and OS responsiveness took a huge hit with iOS 11.
What is throttlegate or touch disease? Are they similar to antennagate?

What slowdown? My iPhone 7 did not appear to slowdown.
 
Revenue only matters in a growing company. Apple isn't a growth company anymore. Once things have stabilized like they have at Apple, profits become more important. Dividends become more important. By both metrics, Apple is way overvalued.

Amazon is still a growing company.

Not sure what's up with Alphabet... Waymo has potential, but it seems like every year for the past decade they've managed to screw up somehow and take defeat from the jaws of victory.
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GM didn't sell enough cars to cover their overhead... I'd say that kind of counts as selling them at a loss.
You notice Apple grew sales 17% y/y? Apple isn’t done growing and trades at a 10th of the multiple of AMZN.
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Keep pumping this bubble up. Who says your market cap should have anything to do with your current profits, or any reasonable (or even unreasonable) expectations for future growth?

Everyone saying you're taking shelter in index funds, beware that a lot of index funds are also hugely contributing to this bubble. Many invest in companies proportional to their market cap, so many index funds aren't as diversified as you like to believe. The Apple bubble concerns me enough that I'm in the process of moving my money out of several index funds which do include Apple and into index funds which exclude Apple, or at least have a smaller portion in Apple.

A year ago Apple was undervalued at $140. I'll give you that. That's why I bought then. They were overvalued when I sold at $190. They're even more insanely overvalued at $207. I'm waiting for the bubble to pop and them to drop to at least $160 before I think about moving back in.
Nonsense. Apple is far from a bubble, lol. You see the last ER, growing 17% y/y and trades 14X 2019 estimates. Find me a cheaper stock with this growth, balance sheet, and earnings power.

There is literally no relevant metric that you point out that indicstes AAPL is overvalued. None.
 
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