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Costco Begins Selling Select Macs on Web at $50 to $200 Discount

pointgiven said:
Apple looks greedy all on its own. No assist from Costco needed.
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How long have you worked in their pr department?
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Apple is still innovating. It's just not to the benefit of customers. For example, how many Macs were affected by the awful keyboard problems? How long did Apple deny there was a problem? Apple's efforts fighting right to repair, soldering drives and RAM instead of leaving them upgradable, battery killing iPhone updates, and on and on.
[doublepost=1544721031][/doublepost]I'm an Apple customer. My 2011 MBP is going strong, and thanks to it's removable hard drive and upgradable RAM, I upgraded both in the last few years. Sadly, I don't see a path to stay with Mac. Why would I buy more products from a company that has decided to treat it's customers with contempt? A shame really as they make a great OS, but Windows has improved to the point where that OS is nice to use as well.

The days of Mac vs PC where the Windows platform was garbage is gone. Balmer's departure from MS signaled what has turned out to be quite a turnaround from the lazy, lumbering company MS once was. Those Surface laptops along with a few other PC companies are turning out some great hardware. The lead that Apple once had has all but disappeared.

Kudos to other companies for stepping up.

Apple, where art thou?
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Judging by the numbers they just put up, soldered RAM was not a big issue.
 
fithian said:
None of the Costco MacBook Air models have 16GB Memory. Lowest price ones ($899 or $999) do not include AppleCare.
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Costco doubles the warranty though so 2 years at no additional cost.
 
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jlc1978 said:
Costco extends the manufacturer's warranty on Televisions, Tuner-Free Displays, Projectors, Computers* and Major Appliances† to 2 years from the date of purchase. See the manufacturer's warranty for specific coverage terms.

* - non-touchscreen only

https://www.costco.com/concierge-two-plus-two-warranty.html
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Fair enough. It is a US and Canada thing. I forgot Costco has invaded the UK. My niece buys in bulk there, which I find odd given how small her house is.
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Awesome, thanks! And if you have the citi card it doubles that?

*edit: nevermind, I see it in the link. Thanks again!!
 
That base model with the discount and the included Apple Care + is a great deal!

Edit....The math is unclear...

($1199 + 249) - $150 = $1298

Cant figure out what they did.
 
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pika2000 said:
You have no idea how Costco operates. The low margin policy doesn't apply to things like electronics. Just like big branded stores like Walmart, Costco also demands certain margin from whoever wants to be sold in their stores.
This is more like Tim Cook being more keen to negotiating with resellers than Jobs.
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Jobs said Cook was a better negotiator than himself.
 
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pika2000 said:
You have no idea how Costco operates. The low margin policy doesn't apply to things like electronics. Just like big branded stores like Walmart, Costco also demands certain margin from whoever wants to be sold in their stores.
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Apple doesn't sell its products to Costco, or any private firm, at a lower price just because the order is 100,000 or 10 million units of a laptop or smartphone.

Costco's business model, even with electronics, is low margins with volume sales revenue - their biggest profit margin is about 14%, per their own admission. Best Buy can have a 50% margin or more on some items (not Apple), as do most grocery stores.

This development is all Costco's doing - not Tim Cooks inventive marketing.
 
KPandian1 said:
Costco's business model, even with electronics, is low margins with volume sales revenue - their biggest profit margin is about 14%, per their own admission.
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Costco's main business model is to sell memberships, which is where they make their money, and as you point out the actual sales are lowvmargin with volume. I am wondering if Macs will be a regular item or one of their one offs they run to get you in the warehouse.
 

Costco's stock tanks as grocery competition leads to earnings miss








Shares of Costco Wholesale dropped by about 6 percent Friday after the company reported weaker-than-expected earnings amid increased competition.

The fresh grocery business is getting increasingly more competitive, putting more pressure on Costco's profit margins as it tries to keep up with rivals like Amazon's Whole Foods and Walmart's Sam's Club. The wholesaler's stock is up 21.7 percent from the year, holding its own against those retail giants, whose market values dwarf Costco's own of $99.3 billion.

"There's been a little bit more retail competitive pressure out there, not only from supermarkets but Sam's as well," CFO Richard Galanti said during the quarterly conference call Thursday. "We've got good fresh sales numbers, but we — like others — our competitors are working in a little lower margin."

The company earned $1.61 per share during its first quarter, excluding certain items, missing Refinitiv estimates of $1.62 per share by a penny.

Costco generated more revenue than expected, $35.1 billion, more than Wall Street's estimates of $34.8 billion.
 
tridley68 said:

Costco's stock tanks as grocery competition leads to earnings miss








Shares of Costco Wholesale dropped by about 6 percent Friday after the company reported weaker-than-expected earnings amid increased competition.

The fresh grocery business is getting increasingly more competitive, putting more pressure on Costco's profit margins as it tries to keep up with rivals like Amazon's Whole Foods and Walmart's Sam's Club. The wholesaler's stock is up 21.7 percent from the year, holding its own against those retail giants, whose market values dwarf Costco's own of $99.3 billion.

"There's been a little bit more retail competitive pressure out there, not only from supermarkets but Sam's as well," CFO Richard Galanti said during the quarterly conference call Thursday. "We've got good fresh sales numbers, but we — like others — our competitors are working in a little lower margin."

The company earned $1.61 per share during its first quarter, excluding certain items, missing Refinitiv estimates of $1.62 per share by a penny.

Costco generated more revenue than expected, $35.1 billion, more than Wall Street's estimates of $34.8 billion.
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Wallstreet will find a reason to beat any stock down in this market.

Costco beat on the top line and missed by a penny on the bottom line. Good quarter, overreaction as usual.
 
Williesleg said:
He's got people skills, what apple needs right now, get rid of the worthless crap people and get on and do something.
Maps - well that was a setup by Timmy Cook to "justify" firing him.
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He was weird. It was either Scott or Phill*, and in the end we voted Scott off the island.

*Eddie was asleep so we forgot about him at the time.
 
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So Costco is giving 2 years of warranty for Mac, 2 more years when paying with Costco Visa if I am not mistaken for total of 4 years. What would be even point of getting AppleCare in such case?
 
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