With respect to their phones, we seem to be living in a bizarro world where Apple's devices only get larger and heavier and we have to beg them to make smaller and lighter ones again...
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Apple Reportedly Plans to Cut Price of iPhone XR in Japan Due to Poor Sales and Restart iPhone X Production
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Well... what did they expect when they retired the SE (for no reason), the regular X (for no reason), and raised prices across the board?
Pure greed.
Pure greed.
People may not be making a judgement of other people based on the phone they own, but there are plenty of iPhone owners who feel that way about themselves. One of the greatest criticisms that many here had of the iPhone SE was that although it was a new phone it LOOKED LIKE the older 5S (identical) and that it would appear as if they had an old phone when in fact it was new. Don't take my word for it, a forum search will show that to be true.
I'll tell you, FaceID is terrible. I enter my password manually 1 out of 5 times. It never works and especially doesn't work like Apple says it does. Second worst Apple innovation ever (next to removing the headphone jack)
I have to partially agree with this statement. I for one am glad the XS Max came out as it is the perfect size for a lot of the plus users with the updates to the screen and even the faster/more accurate face id. It is def a phone I hope to keep for a few years as the pricing is insane.
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Face ID on my X was terrible for me. On the Xs max it seems to work alot better.
Ok, I’m intrigued. Tell me more about this mythical X Plus.
The iPhone isn't a status symbol, it's a tool built to do a job just like every other smartphone on the market. Status symbols are normally items very few can afford and with financing most people can afford an iPhone.
I would say as regards the XR, the problem (if indeed there is one) isn't that the price is too high, it's perception - people will pay high iPhone prices if they think they are getting la creme de la creme, but why pay all that money for what's clearly being marketed as a 'lesser' offering? In that way I think Apple would have been better off just dropping the X price to $899 (doing that for the XS would have been even better, but hey, realistic expectations) than introducing the XR at $750. Would it have cannibalised more XS sales - possibly? Though at the price I'd say the people buying the XS are more than likely the ones who get the latest and greatest each year without fail anyway, plus (no pun intended) the XS Max could have been the big (second pun not intended) driver of upgrades for this iPhone generation as well.
First indicator stop giving numbers second indicator price cuts, third indicator of confused strategy relaunching X....looks like their targeting the quarter earning call....not sure if this is Apple
All stocks go up and down although this is probably a good time for people to sell Apple shares and lock in their earnings (it would have been better a month ago).
Really? Try rescanning your face and maybe add a secondary face and scan again at a low angle?
Maybe 2 out of 100 times does it not work for me and I’m super happy with it now that I’m leaving for work and it’s 28 out and can wear gloves and it still works unlike usually having to take my glove off.
I think Apple is getting worried. They announced earlier this month that they will no longer will be announcing sales numbers in their quarterly filings.
Yes. And I'll add that this explains a lot of comments in here. The other apparently inexplicable comments not included in this group are those from people clearly entered too late, too much in AAPL party.
Price increases can mask slight declines but only for so long. What happens when the price increase card can’t be played anymore?
The death spiral has begun. Higher prices lead to fewer customer purchases, which lead to the need for higher prices for profits to continue, which lead to fewer purchases.
that's the whole point of the discussion i'm having. it's a fantastic business case to study. We're getting to watch it essentially in real time occurring.
Historically, when other companies have masked decreasing sales by constant price increases that are out of line with the industry as a whole, those companies end up having to dramatically shift business operations.
Remember, at the end of the day, CFO's and leaderes tend to want to maximize profit. This means if the revenues go down, then they will start cutting costs. This will likely start with front line employee layoffs, than lower/middle management.
depending on the executive's own personalities, they may take cuts themselves, but in more recent years it's more likely the executives will wall themselves off from repercussions through "golden parachute" contracts. These are the kind of contract deals that executives can get themselves where getting rid of them is more costly than keeping them. Blackberry had this issue (post collapse though) with Thorston Heinz. His golden parachute was setup to pay him 55 million if they fired him. the losses seen under him were lower than 55 million, so they kept with him a few years too long. we see these golden parachutes in business all the time. Suffice to say, if Apple were to suddenly turn around and actually start failing, the executives are the last who will generally feel the pinch.
in these sorts of companies, when they do well, they're extremely well rewarded with massive stock and option payouts. When they don't do well, they're still rewarded handsomely with large pay offs.