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Well said!

I've been an Apple user/buyer for 15 years; but I'm fed up with the lack of innovation.

iMac: Apple seem fixated with making the iMac range slim at the expense of usability (no optical drive, SD slot on the rear (WTF!), still the big chin, no iWeb, no iDVD). Its also bloody expensive in the UK!

Mac mini: Apple had the opportunity to make this the best media server ever with the simple introduction of Bluray and a TV tuner ... but they blew it and gave us less ... taking away the optical drive trying to force us to the app store and cloud. As for Apple TV ... again another wasted opportunity.

iPod: iPod mini designed by a child - a backward step, the touch too expensive!

Powermac: may as well discontinue the range!

iPhone: The iphone 4 was a step backward in design from the 3, not to mention antennagate! The iPhone 5 is bland and boring and phones like the Galaxy S just seem so much nicer and more feature packed. Wheres NFC, wireless charging, 4.8" screens, non scratch casings, Google maps!

iPad - the only thing Apple have got right; although the price is stupid, no SD SLot to expand memory (greedy) and not bringing out a retina iPad mini was just a sign of greed and/or lack of regard for innovation.

Apple has lost its shine for me; I'm holding out for a retina iPad mini but a Galaxy S4 when its out .... and maybe a move to a PC line in the future. Like the tide turned against Microsoft in favour of Apple, I think likewise we'll see the same happen to Apple now; as people are getting fed up of nice looking expensive products lacking in features compared to the competition that has caught up; as well as Apple's greed, bullish nature, ego and general changing from what was a small cool company to a global domineering money grabber.

Phew!

I feel that way everytime they release a product. Like how they released the ipad 2 without retina which they could of done in the first place as well as the mini ipad. I do feel it's greed. I hated how they always just boost the specs just a little bit. Give us the most up to date specs out there and stop holding it back for future releases. Lastly the Iphone5 to me was ehhh..
 
This was in the main news all day today. Main points were Apple did not meet expectations and did not grow, and it's sales did not meet expectations. But the main thing was lack on innovation, their is no new big thing and investors don't think Apple will be able to deliver one, so they sell the stock.

In fact it made so much more sensible sense then pretty much 95% of the posts in this thread do.

Written version:

http://www.bbc.co.uk/news/business-21186991

I watched the report on the news programme.
 
How does the law of large numbers apply to this situation?


"...the average of the results obtained from a large number of trials should be close to the expected value, and will tend to become closer as more trials are performed."

http://en.wikipedia.org/wiki/Law_of_large_numbers
This is investing. The Law, for investing, is that you can't expect 50% growth forever, because as the numbers get larger it is impossible to keep up high growth levels. Some investors expected exponential growth in perpetuity from Apple. Not possible, and people shouldn't be this crazy because percentage growth slows. But it's the stock market, people are crazy.

It is adapted from the quote you listed for this industry.
 
I know that many people on this forum disagree but I think we'll see a surge of iphone sales when they release an Iphone XL.
 
This is investing. The Law, for investing, is that you can't expect 50% growth forever, because as the numbers get larger it is impossible to keep up high growth levels. Some investors expected exponential growth in perpetuity from Apple. Not possible, and people shouldn't be this crazy because percentage growth slows. But it's the stock market, people are crazy.

It is adapted from the quote you listed for this industry.

they don't expect exponential growth anymore (at least starting from after the earnings release yesterday.) Apple is transitioning into a blue chip instead of a high flying growth tech stock, and they are now pricing Apple as such (massive target price cuts across the board).
 
Owning Apple stocks for a few years time frame is OK. But you should not own Apple stocks in the long term. Apple is a consumer leisure products company with a small product portfolio. It's hard to predict its future.

For long term investment, you should own multinational conglomerates, oil companies and pharmaceutical companies. Even MacDonalds is better for long term investment.

I'm confused; a few years isn't long term? Regardless, I was talking about the next 18 months. And yes I agree its hard to predict the future but Apple's 18-month future looks incredibly promising.
 
Interestingly AAPL as a stock yields more (2.1%) than a 10 year government bond (1.85%) right now. That's amazing. The bond is at the top of its principal price range and the stock is near the bottom of its price range. Inverted risk.

But the bond market is going to be decimated in 1-2 years. We don't know when it will exactly happen, but it will. Anyone who invests in bonds right now will deserve what's coming to them. That's not to say AAPL is a better investment. I don't think it is. To me, a stock that doesn't pay robust dividends is not worth it.
 
I just sold all my AAPL at 455. Should have sold it at 700 like some of you did.

I'm not much of an investor but never understood why GOOG stayed so much higher than AAPL.
 
I just sold all my AAPL at 455. Should have sold it at 700 like some of you did.

I'm not much of an investor but never understood why GOOG stayed so much higher than AAPL.

**cough** panic

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Well said!


iPhone: The iphone 4 was a step backward in design from the 3
Phew!

I stopped reading at this point. You have no idea what you're talking about.
 
my biggest problem with Apple isn't the stock price or the revenues, it's how little Tim Cook cares about investors. There are just so many tools in Apple's toolshed to prop up the stock, but they refuse to do it. At the end of the day, we can only point to Apple's treasure chest as a strength for so long. They have had 50+ billion in the chest for more than two years now, that's unacceptable.
 
So why did Apple release a iPad mini without a retina display?

so their R&D can add it this year and sit for the rest of the year on their lazy ass and do nothing while punching themselves on the chest saying that they "put out another magical and amazing product that changes everything"
 
Let me guess.. 2013 iPad Mini with Retina display will be innovation, right?

You hit the nail on the head. Original iPhone was innovation. Unibody MBP, MBA was innovation. iPad was just an extension of the same iPhone concept but to Apple's credit they got it right - that was good execution.

But there has been little outside of the box thinking lately at Apple - everything is predictable and boring. To add to that, they are now following, not leading - 7" Tablets (they spent enormous time comparing it to Nexus 7), bigger screen iPhone, Notifications, Hybrid SSDs, iPhone still doesn't have the insane Battery life of RAZR Maxx, Note 2 etc.

Plus they continue to do so-so on the OS and cloud front - iCloud is in a rut, Maps fiasco, iOS is stale almost as BB now, OS X is mostly iOSification and bug fixing. Hell even on supply chain and quality control front they continue to have issues - Ghosting, lags on retina, all those alarm, wifi and clock related bugs on iOS, iMac availability etc. Point is they are not doing anything radical or challenging - for a company like Apple it is not a good thing.
 
You hit the nail on the head. Original iPhone was innovation. Unibody MBP, MBA was innovation. iPad was just an extension of the same iPhone concept but to Apple's credit they got it right - that was good execution.

But there has been little outside of the box thinking lately at Apple - everything is predictable and boring. To add to that, they are now following, not leading - 7" Tablets (they spent enormous time comparing it to Nexus 7), bigger screen iPhone, Notifications, Hybrid SSDs, iPhone still doesn't have the insane Battery life of RAZR Maxx, Note 2 etc.

Plus they continue to do so-so on the OS and cloud front - iCloud is in a rut, Maps fiasco, iOS is stale almost as BB now, OS X is mostly iOSification and bug fixing. Hell even on supply chain and quality control front they continue to have issues - Ghosting, lags on retina, all those alarm, wifi and clock related bugs on iOS, iMac availability etc. Point is they are not doing anything radical or challenging - for a company like Apple it is not a good thing.
and that is the whole reason why stocks are dropping. Investors and stock market already saw that, now its time that apple enthusiasts also embrace the reality and stop wondering "why the hell are the stocks falling?! whole stock market is maniuplated" and so on...
 
You hit the nail on the head. Original iPhone was innovation. Unibody MBP, MBA was innovation. iPad was just an extension of the same iPhone concept but to Apple's credit they got it right - that was good execution.

But there has been little outside of the box thinking lately at Apple - everything is predictable and boring. To add to that, they are now following, not leading - 7" Tablets (they spent enormous time comparing it to Nexus 7), bigger screen iPhone, Notifications, Hybrid SSDs, iPhone still doesn't have the insane Battery life of RAZR Maxx, Note 2 etc.

Plus they continue to do so-so on the OS and cloud front - iCloud is in a rut, Maps fiasco, iOS is stale almost as BB now, OS X is mostly iOSification and bug fixing. Hell even on supply chain and quality control front they continue to have issues - always having supply and QC issues with the iPhones and Macs even (Ghosting, lags on retina, all those alarm, wifi and clock related bugs on iOS). Point is they are not doing anything radical or challenging - for a company like Apple it is not a good thing.

You can't be respected if you litter a bunch of bs in the middle of your argument. The iPad Mini is an innovation, the 8" tablet space has been dead and 7" was on the rise. the fact that Apple is bringing people back to 8" is leading. You also don't know crap about Hybrid SSDs as Apple is probably the first one to prop it up with a 128gb SSD. This is a BIG DEAL. iPhone still doesn't have the insane Battery life of RAZR Maxx, Note 2 etc. This is the most ridiculous of all. iPhone's battery life can only be judged in terms of utility, but it's all science. a phone that's twice your size can have twice your battery. no innovation/technology in the world can change that.
 
so their R&D can add it this year and sit for the rest of the year on their lazy ass and do nothing while punching themselves on the chest saying that they "put out another magical and amazing product that changes everything"

Sorry, the display required to do the iPad mini Retina does not exist. No one makes it yet. They could have done a "something else" using some 7" screen, but that would have required further iOS fragmentation.
 
So why did Apple release a iPad mini without a retina display?

I think the reason is that the display suppliers were not ready for it. Apple has this specific resolution constraint set by the OS. I think that the combination of that resolution and the size of the screen, is probably at the limit of what is currently possible in manufacturing terms. Current high resolution screens do not yet have the necessary resolution as the iPad mini would need, if Apple sticks to the resolution of the regular iPad.

It takes a certain amount of time for a manufacturer to be able to develop and produce such a screen at the necessary quantity.

So, I think in this case the demand for a small iPad was so huge (as was later demonstrated by huge sales) that Apple had to go for an in-between solution.
 
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I think the reason is that the display suppliers were not ready for it. Apple has this specific resolution constraint set by the OS. I think that the combination of that resolution and the size of the screen, is probably at the limit of what is currently possible in manufacturing terms. Current high resolution screens do not yet have the necessary resolution as the iPad mini would need, if Apple sticks to the resolution of the regular iPad.

It takes a certain amount of time for a manufacturer to be able to develop and produce such a screen at the necessary quantity.

So, I think in this case the demand for a small iPad was so huge (as was later demonstrated by huge sales) that Apple had to go for an in-between solution.

it also is probably because of margins. Apple, at the end of the day, isn't in the business of cramming the best technologies at a good price point. they'll wait for component part costs to drop before indulging
 
Flat growth.
Let's see.
Take optical drives out of your desktop computers and not offer a mid range desktop sans monitor.

Yeah I can see flat growth from that.
 
it also is probably because of margins. Apple, at the end of the day, isn't in the business of cramming the best technologies at a good price point. they'll wait for component part costs to drop before indulging

Indeed, that's a consequence of my point. Component parts become more cheap when the manufacturer can produce them more efficiently. This means a lot of demand and experience in production is necessary before the things get cheaper.

I think they set the price of the iPad mini so high in order to be able to get the retina screen in this year without having to increase the price. It will create w lot of whining for current owners, but Apple will be able to say "look, we put a retina screen in and we didn't even make it more expensive!".
 
Look at companies (that people here love to bash) like Nokia and RIM that used to be sitting pretty with there narrow-minded product offerings...now where are they?

While I understand your general idea... I think the difference is that neither of those companies were ever as successful as Apple is today.

Nokia used to be the volume smartphone leader... but their phones were also much cheaper across the globe. And the most profit Nokia ever made was $10 billion in a YEAR... Apple made more than that in a QUARTER.

And RIM never came anywhere close to selling 47 million phones nor $13 billion in profit in a single quarter.

There's never been a mobile phone company like Apple in history.

Maybe Apple thinks they're doing OK?
 
You can't be respected if you litter a bunch of bs in the middle of your argument. The iPad Mini is an innovation, the 8" tablet space has been dead and 7" was on the rise. the fact that Apple is bringing people back to 8" is leading. You also don't know crap about Hybrid SSDs as Apple is probably the first one to prop it up with a 128gb SSD. This is a BIG DEAL. iPhone still doesn't have the insane Battery life of RAZR Maxx, Note 2 etc. This is the most ridiculous of all. iPhone's battery life can only be judged in terms of utility, but it's all science. a phone that's twice your size can have twice your battery. no innovation/technology in the world can change that.

Yeah and you seem to think you know a lot about innovation like 128GB instead of 4GB (utility hardly matters here, eh?), 8" instead of 7" even if it was after the fact. Also a phone with twice the size has twice big a display and higher resolution in many cases and that requires more battery - that doesn't seem to be in your book too.

It's hard to even consider respect if you claim to have problem with bs and then go on to advocate it.
 
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