Apple Once Again the Most Valuable Public Company in the World

Discussion in ' News Discussion' started by MacRumors, Feb 6, 2019.

  1. philryan macrumors newbie

    Oct 18, 2010
    Services. There are currently 1.3 billion iOS devices on the planet, being used. And even if that number only grows at a few percent per year, that’s more than enough to grow a huge services/streaming/news/books revenue.

    Apple is tech reliability, and tech trust. I can buy my computers, phones, watches, tablets, speakers from them far less often than with competitors, and I don’t have to give them my digital existence to make use of Apple’s technology.
  2. cardfan macrumors 68000

    Mar 23, 2012
    Apple has known this for years. Every wwdc has the numbers. But what kind of services outside of Apple Music which isn’t exactly a profit center. Companies are pulling back on the 30 percent grab on subs. This upcoming media service will never break even.

    Perhaps it’s their rumored games subscription? But that’s in place of revenue they already get through the garbage freemium method. Plus there’s nothing about Apple actually making said games.

    Once again. Apple is a hardware company. If they want to focus on software and services then they have a lot of work to do outside of their solid operating systems. But they’ve spent years devaluing software...

    I’d suggest relying on third party services that people actually want and will pay Apple to be featured or default. Apple should concentrate on other things.
  3. itguy06 macrumors 6502a

    Mar 8, 2006
    Paying attention to what? Growing dissatisfaction with Apple? That is real and something that happened the last time a non-product guy was in charge of Apple. History may very well repeat itself with Tim at the helm.
  4. Abazigal macrumors G4


    Jul 18, 2011
    Apple stock price drops - Apple is doomed!

    Apple stock price rises - what do I care about Apple’s valuation again? Products, man, products!

  5. Baymowe335, Feb 8, 2019
    Last edited: Feb 8, 2019

    Baymowe335 macrumors 68040

    Oct 6, 2017
    Non-iPhone revenue growth at 19%, Watch, AirPods, industry leading silicon, Services, Earnings, shareholder value, etc.

    Customer satisfaction has never been higher for iPhone, iPad, and Mac.

    Tim Cook isn't just "some guy" they dug up and put in charge of Apple. He's been at Apple for 2 decades, was the highest paid executive during the Jobs era (Jobs knew his value), and was hand picked by Jobs himself to run the company.

    Wearables like Watch and AirPods have been huge successes. iPhone has gone on to sell 3X as many as when Jobs was alive. Services will be a $45B business this year. Apple Music is another huge success. I could go on, but you won't read it.
  6. itguy06 macrumors 6502a

    Mar 8, 2006
    I'll just leave this here for the customer satisfaction:
    Notice the abysmal rating for the X - even the 7+ scores higher than it and it's aincient
    (Down 3%)

    Apple watch is the one bright spot and I wonder how many will upgrade once the novelty runs out. I'd not call Apple Music a success - still far fewer subscribers than Spotify.

    Sorry, Tim has presided more over organic growth than actually taking Apple to the next level. He needs to go before the house of cards folds.
  7. Baymowe335 macrumors 68040

    Oct 6, 2017
    I know you're just full of nonsense when I read your last statement.

    Apple is the least house of cards company in the world, because they:

    1) Make the most money ($60B annually), second place was Google at $24B
    2) Have the most money ($246B in cash)

    You could argue Amazon or NFLX is a house of cards, but Apple? They have the earnings to back it up and still trade at 12X earnings, making Apple a cheap stock.

    Not sure what else you mean by "house of cards." Are you predicting bankruptcy?

    Apple Music has over 50M subscribers despite starting 4 years later and it's essentially a hobby for Apple.

    Your customer sat information is from 2014...hardly relevant.

    "iPhone X was the most popular iPhone in the quarter once again, with a customer satisfaction score of 98 percent according to 451 Research. Meanwhile, during his separate prepared remarks, Apple CFO Luca Maestri touted that customer satisfaction across all iPhone models was 96 percent."

    So as usual, depends on who you ask and where you get your information.

    I'm not saying youra is wrong, but I'm saying there is evidence to the contrary and it's hard to absolutely measure. The way we can measure was that the iPhone X was hugely popular when it was released, because Apple grew iPhone sales to $166B during its release year.

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