My new cutoff is $1,499. For something I’m on dozens of times a day and will have for three years the cost per day is nominal.
And paying $1499 how often? Every year, every two years? Every other major release?
My new cutoff is $1,499. For something I’m on dozens of times a day and will have for three years the cost per day is nominal.
Yeah. My first nice watch was a blue Movado, Museum Classic. As you said, it's mostly for looks, but every now and then I take a peek at the time. But since I have my phone in front of me most of the time, I already know the time before I need to check for the time.I've had two iterations of the Apple Watch. Before that, I had a great collection of beautiful watches. I've since moved back to them. A watch these days is a piece of jewelry. As you said, most of the rest is nearby. I see my son's Huawei watch (that we bought him) and it makes me jealous.
Cook will offer the same terms as in the film Contact: “Why buy one when you can get two at twice the price?”They won’t drop the prices of their phones. They’ll just do more to try and get you to buy them.
Simple
Lower prices
$1500 iPhones
$1800 IPads
Not rocket science
Tim wanted to test what the market could bear.
Now the bear is bitting back.
Tim fell into his own Reality Distortion Field.
UPDATE:
55 billion dollars wiped out in 1 afternoon due to hubris.
$5 billion vs $250 billion cash on hand? They could literally build spaceship headquarters in every state with that dough.You build a 5 Billion dollar headquarters and then skim on profit margins. Yah, didn't think so. Yes, the prices are high, and pushes several potential purchases out of my reach, which annoys me, but I understand why Apple needs to make money right now. It's an enormous transitional period for the company, and there are good things to come now that they are settled into their new headquarters. The future is bright.
Now for them to back to having fun with their device design and stop being so conservative. The white is getting old.
At the end of the day, your post is the reality, but it just doesn’t matter for Wallstreet, unfortunately.Blame? Blame for what? $84B is still an astronomical amount of money.
LOL reminds me of Dropbox. They are holding firm to that $9.99/mo price point, they simply give you more storage than you'll ever need rather than offering a lower tier.Cook will offer the same terms as in the film Contact: “Why buy one when you can get two at twice the price?”
I bought a Mac Mini for $1k last quarter so I’ve done my part to prop up the AAPL stock price. Have you done your duty?
how about "We'll make better products, and win sales by making compelling & innovative things you would want to buy?"
What compelling and innovative stuff has Apple done lately. Dongles, Dongles, Dongles doesn't count. Neither does ever increasing prices.
It pains me to say this as a shareholder, unfortunately for Apple, Android and Windows are finally adequate substitutes for iPhones and Macs.....
At the end of the day, your post is the reality, but it just doesn’t matter for Wallstreet, unfortunately.
This is almost silly that the life of a publicly traded company has turned into growth, growth, and more growth. It’s never good enough. They do $88B last Q1 and everyone wants that again plus 10%. At some point, there are only 90 days in a quarter. A lower priced iPhone wouldn’t have guaranteed success either.
Perhaps this will reset expectations and we can get back to looking at the company objectively.
The stock is going to be under a lot of pressure, but the company is printing money and the valuation is cheap.
All easy to say, but the iPhone is literally the best product of all time, by far. It’s a once in a generation type product. As you point out, the other segments growing at 20% are impressive, but everything is dwarfed by the great product of all time.I remember when John Sculley kept increasing the price of the Mac to raise Apple's earnings. You just can't give people anemic features and then raise prices, it never works in the long run. You can shear a sheep many times, but skin him only once.
This tells me consumers in China are more savvy, or are hurting more economically, than consumers in the U.S. It's nice that the other product categories were up 19%, but Apple makes around two-thirds of its sales from iPhones.
A savvy CEO would cut prices and introduced great new features. As Tim is the new John Sculley, that's not going to happen. He should have been spending hundreds of billions of dollars over the last 10 years in R&D to come up with the next big thing.
This is just the beginning, the recession is on the way. I would not be in the market right now, I'd be in cash. But that's just me.
My next phone may very well be Android. That all depends on what they release at the end of 2019. It sucks that I'm stuck on High Sierra on my MacBook Pro because of their lack of NVIDIA support in Mojave for eGPUs. They're trying very hard to push me away. :/ Maybe AMD will surprise me with some competitive GPUs this year. There's rumors of a 1080 competitor being released this year at a much cheaper cost.What compelling and innovative stuff has Apple done lately. Dongles, Dongles, Dongles doesn't count. Neither does ever increasing prices.
It pains me to say this as a shareholder, unfortunately for Apple, Android and Windows are finally adequate substitutes for iPhones and Macs.....
And that's literally subjective.All easy to say, but the iPhone is literally the best product of all time, by far. It’s a once in a generation type product. As you point out, the other segments growing at 20% are impressive, but everything is dwarfed by the great product of all time.
I don’t agree the game is “over” but they might have reached a tipping point on pricing and somewhat miscalculated peoples’ ability and desire to pay this much for a smartphone. It worked with the X, but that might have been a one time thing and there weren’t enough people left to buy another round of $1000 phones.I think by now it is time for Apple to also reset expectations and do some realistic price cuts. Sell the crack pipe cheaper to deliver the crack. I think they under estimated how quickly things could change and were one to two years late in getting their services together.
It is pretty clear their current game is now over.
You build a 5 Billion dollar headquarters and then skimp on profit margins. Yah, didn't think so. Yes, the prices are high, and pushes several potential purchases out of my reach, which annoys me, but I understand why Apple needs to make money right now. It's an enormous transitional period for the company, and there are good things to come now that they are settled into their new headquarters. The future is bright.
Now for them to back to having fun with their device design and stop being so conservative. The white is getting old.
Exactly this; price is too high for general folk. Even for many who could afford it, the price is just beyond what the feel comfortable spending on a phone. It's just not worth it.My iphone7 plus is going for three years instead of upgrading after 2 because price.
Also, it’s a damn nice phone.
I’m using numbers. The iPhone is the single highest grossing revenue consumer product of all time, when you consider one company taking the profit from 1 item.My next phone may very well be Android. That all depends on what they release at the end of 2019. It sucks that I'm stuck on High Sierra on my MacBook Pro because of their lack of NVIDIA support in Mojave for eGPUs. They're trying very hard to push me away. :/ Maybe AMD will surprise me with some competitive GPUs this year. There's rumors of a 1080 competitor being released this year at a much cheaper cost.
And that's literally subjective.
The statistics are facts. Calling it the best product of all time is an opinion.I’m using numbers. The iPhone is the single highest grossing revenue consumer product of all time, when you consider one company taking the profit from 1 item.
That’s not the same as the “Apple tax”. Apple tax is best described as the difference between Apple and similar competitor products. For example, the almost £1000 difference between the 15” MacBook Pro and a similar spec 15” XPS.
Apple needs to take the "3D/holographic phone" concept that Red is attempting and perfect it. 3D interface too. In a few years after they are introduced, 2D will seem outdated. Or at least make 3D phones an option. On my old HTC Evo 3D phone, the 3D could be switched on and off. Everyone who saw it was blown away, and wondered why they hadn't heard of them. Until 3D is embraced, there are no gimmicks left in the phone market.
When I held the original iPhone at a party in 2007, I went out and bought one the next day. It changed the landscape of cell phones. That was 2007. Now, all flagship phones are pretty much the same across all manufacturers. The iPhone was a few generations ahead of everything else back then. But what's next?I’m using numbers. The iPhone is the single highest grossing revenue consumer product of all time, when you consider one company taking the profit from 1 item.