Pls read carefully.
He said Apple’s China revenue was 52b for 2018. He said nothing about the smartphone industry.
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Foxconn to Begin Production on iPhone X in India This July
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Pls read carefully.
He said Apple’s China revenue was 52b for 2018. He said nothing about the smartphone industry.
I am not questioning you nor your post, I just like to know where you get these numbers from.
Do you have insider information, reason I ask because you say this:
Cheers
LOL!! My numbers are from the 10k and you SPECIFICALLY said 2017 versus 2018, which I posted.
Here’s to hoping you know what a 10k is.
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Wow, you guys are struggling. $52B is the OFFICIAL number from the 10K. Not a guess...THE 2018 number.
1/3 of ALL Chinese smartphone revenue is STAGGERING.
LOL!! Keep the comedy coming.
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THE 10K. Learn about public companies. There is this little thing called quarterly and annual reports that are mandated by the SEC and can’t be faked or lied about or people go to jail.
Tim Cook has demonstrated few occasions why Made in USA may not be such great idea, one was Mac Pro another was GT Advanced (Sapphire crystal). As you have stated TC very clearly stated that it was skill and scale that was a primary problem in US(& in most likely in other places except Vietnam, Thailand, Indonesia, to some extent India)
In case you didn't know, apple increased iPhone prices from 2017 to 2018. That's how it is possible for apple to make more revenue and still sell a lower amount of iPhone units. Also apple doesn't release iPhone units sold because they want to hide that "peak iPhone" has happened.
And the link I provided says just that. Your spreadsheet says apple grew by 16% in america (one of Apple's best areas of business) and grew 16% in China. You're saying both places grew 16% yet most would agree apple is having trouble on china.
Go India. Much prefer the worlds future rests in an Asian democracy. I hope their free market reforms continue to lift their people from poverty.
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This is crazy talk. I am as pro India as they come but the Idea India has a more proficient technical job market is zany at best. These plants could all be built in the US - we have the people. We have just made it very hard. You can build anything in the US. It’s the prices that make it a problem.
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Which, if true, just resulted in a giant factory being built in their country. Bad strategy in the long run but it does provide for wins like this.
Is that true about Apple cloud? Wow. I can snap a photo on my phone, walk up to my booted computer and view the photo on android.
Google Assistant should have known better. No longer trusting it for dictation.
Yes he is - Google Assistant.
No I am not!
Yes you are - G.A.
It's about costs, the labor market would be a great deal more expensive in the US than India. I don't live in the US, but I'd reckon your minimum wage is much, much higher than in India.
Do you really think I didn’t know that? I’m the one teaching you about 10Ks here and proving you wrong.
Apple has pricing power.
I’m not “saying” anything. The official NUMBERS from the 10K show Apple grew 16% in China from 2017 to 2018. That is a FACT, macfacts.
iPhone is a mature product. Apple has had flattish unit sales on iPhone for 3 years. They correctly raised prices to leverage their pricing power.
Your original statement was, Apple made less in China in 2018 vs 2017” which is objectively wrong, proven by the official numbers I posted. You said nothing about unit sales and your numbers are simply guesses since Apple stopped reporting unit sales in FY2019.
Jeez, even when people are objectively wrong here, they continue to fight.
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The geography alone is reason enough, but the US has nowhere near enough technical people to build iPhones. Period.
How much does an iPhone cost in India?
I think the issue there are taxes, aren’t they?
If Apple can make the iPhone X cost $780 in India as it does in the US, there’s more than enough people around to buy one. At $1300, a lot bit less so.
Apple surely has the data on how many iPhones sold elsewhere are being used in India and the numbers must check out.
I think the issue there are taxes, aren’t they?
If Apple can make the iPhone X cost $780 in India as it does in the US, there’s more than enough people around to buy one. At $1300, a lot bit less so.
Apple surely has the data on how many iPhones sold elsewhere are being used in India and the numbers must check out.
Any company would do that. But it’s not extra effort but lowering their prices when they have to. They’d be stupid if they did something like this without being forced to do it.
Curious to know, how they would do this? Do they really bother to check this out, as there would be a lot of false positives. An iPhone sold in US to a person who is visiting India on a holiday and latches on to a local network can't be counted v/s a person like me, who purchased an iPhone in US to use permanently in India to get the lower cost advantage that US has over prices in India.
But I am sure Apple knows that a lot of Indians, purchase their Apple products from out of India to get the low cost advantage, thus reducing the local sales numbers.
I am European so I am not familiar with 10K or whatever it is, it was a genuine question, thanks for your reply.
Yes!
Indian users are more frugal with cash than most & for many the iPhone is just too expensive & doesn't do anything different to an Android device that costs 1/5th the price of an iPhone.
Apple are wasting their time unless they offer iPhone's in India at drastically lower prices than the rest of the world.
Don't confuse your network connections with lag on iCloud. It's always been pretty much instant, be it contacts, meetings, photos, documents etc...
its coz of import taxes. they can make more profit building here and selling than importing. besides phones built here can cater of south east asia market as a lower price.
Apple should hire you for this incredible insight because they probably had no idea!!
It's more than just cost of labor. It is also proximity to parts suppliers. These things are made with just about no storage of extra parts; everything is delivered just in time for final assembly. Moving final assembly to the US and away from your part suppliers will also drive up the costs, possibly more so than labor. In addition, America has all kinds of environmental regulations that get baked into the final unit costs. Clean air and water (well, compared to some other industrialized places) is a benefit of outsourcing the more messy parts of industrialization to developing nations. Unfortunately, those nations haven't/aren't learning the lessons that we have learned along the way and seem willing to sellout their own environmental quality to play 'catch up' and under cut the other guy for manufacturing jobs. It would drive up prices, but I'd be fine if India, Pakistan, China, Malaysia, et al. either enforced greater environmental regulations or tacked a hefty environmental resources excise tax on goods manufactured for foreign buyers, ship breaking, and so on. But that's just me.
Have you read the article on The Verge it's nothing but an empty buildings. I'm guessing they're just waiting for election hoping somebody else is on the seat and drop that project and getaway from it. https://www.theverge.com/2019/4/12/...on-center-madison-controversy-empty-buildings
