Wow. That’s a lot of iPhones. TIL there are way more people with money to burn in the world than I realized. That’s good I suppose. Thanks for the numbers.
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Google Overtakes Apple to Become Most Cash-Rich Company
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Those are security issues. Bugs. Flaws in implementation.
There is a difference between security issues and a business model based on gathering as much personal data as possible for running a targeted ad business.
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Yes, there are lots of people in the world who can drop ~$800 for a quality device that they use all day long as their most important computer for 2-5 years, since it’s supported with software updates all that time.
(And which still holds some resale value after years of use. iPhone is great value for money.)
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No. Let’s go further!
Apple should give all their products for free!
Apple’s net margin has not changed for like ten years.
Now that wouldn’t make any sense - they sell about ~450-500 million iPhones and iPads in two years.
what are you talking about? Surely you’ve been around long enough to know the effort and money Google spent to make YouTube originals a thing?
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Did you read the article? This is only happening because Apple is doing massive share buybacks. If they had wanted to hoard profits they would have at least twice the cash assets they have now, way more than google.
AWS market share is less than 50% with Azure apparently growing faster.
Amazon’s healthcare efforts are nowhere at the moment.
Alexa probably isn’t making them any money. And so on.
Yeah, they are big and powerful, but not a monopoly in any field.
For now, at least.
I’m not sure what this has to do with Apple’s cash position?
If I had to guess, I’d say it’s at least a billion by now. There were 825 million active iPhones at the end of 2017; by the end of 2018 there were 900 million, with 1.4 billion devices overall.
It all depends on how many of those 900 million active iPhones are users who have more than one active iPhone vs. how many of the 500 million other (non-iPhone) devices are owned by users who don’t own an iPhone at all. And there’s also the issue of the definition of “user”; if I have a personal iPhone and a work iPhone, am I only one user?
Many more companies will join Google over the next few years in exceeding Apple’s net cash on hand. Apple has been actively pursuing a net cash neutral position for at least the last six quarters. In other words, their goal is to reduce that $102 billion to zero. They’ve made quite a bit of progress over the last year and a half.
This is no longer true, Apple is up about $50 billion in market cap over Amazon; Microsoft leads Apple by about $20 billion atm.
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I’d rather see Apple reinvesting it but they’re super careful. Still the most important foundation is iOS. It took over iTunes as the main foundation years ago.
Expansion of products based on iOS or dependency of iOS devices is key. This unlocks new potential services revenues as well.
I still like pro camera area and would consider it in a heartbeat if Apple went there. I know some have concerns thats a dead area but it would flow well with iPhone as camera remains one if it’s most important features. With some Apple magic and branding Apple could reinvent this area while targeting its core users.
HomePod could be expanded. AirPods.
Would love to see Apple focus on drawing as well. They already are? Sure but an icanvas. So to me it’s about areas not products. Drawing, music, pictures, video.
Expansion of products based on iOS or dependency of iOS devices is key. This unlocks new potential services revenues as well.
I still like pro camera area and would consider it in a heartbeat if Apple went there. I know some have concerns thats a dead area but it would flow well with iPhone as camera remains one if it’s most important features. With some Apple magic and branding Apple could reinvent this area while targeting its core users.
HomePod could be expanded. AirPods.
Would love to see Apple focus on drawing as well. They already are? Sure but an icanvas. So to me it’s about areas not products. Drawing, music, pictures, video.
Hear ye! Hear he! The end of Apple is nigh. Let us pray o'er a dying company. The fruity cash king is no more. /s
Apple spends so much cash on stock buybacks and I wish they would make at least one major acquisition instead if they're just going to throw away their cash pile. I'm glad Apple is returning plenty of cash to shareholders but I'd feel a lot more confident if Apple were moving into some high-growth market. At least, Apple should balance out how they spend their cash to please both types of shareholders, the conservative and aggressive ones. I'm a conservative shareholder and I appreciate the buybacks as I like my Apple dividends and the less outstanding shares there are, the better for me. However, it's just annoying to always having to hear about Apple's low- to no-growth value from Wall Street.
Apple spends so much cash on stock buybacks and I wish they would make at least one major acquisition instead if they're just going to throw away their cash pile. I'm glad Apple is returning plenty of cash to shareholders but I'd feel a lot more confident if Apple were moving into some high-growth market. At least, Apple should balance out how they spend their cash to please both types of shareholders, the conservative and aggressive ones. I'm a conservative shareholder and I appreciate the buybacks as I like my Apple dividends and the less outstanding shares there are, the better for me. However, it's just annoying to always having to hear about Apple's low- to no-growth value from Wall Street.
dont they mean fallen 100Bn not to 100B? I just read a report that apple now has 210bn in cash. down from its all time high of like 260 something.
as of yesterday, it say ended 3rd quarter with 210.6Bn down 6.6% and 15% YoY.
2018 peak of 285.1Bn
is the article off or just written strangely? or am I off?
as of yesterday, it say ended 3rd quarter with 210.6Bn down 6.6% and 15% YoY.
2018 peak of 285.1Bn
is the article off or just written strangely? or am I off?
Letting go of the fact that the editorial bias is obviously in favor of Apple here (recall the fawning when Apple passed $1 trillion market cap?), we evidently have equal parts Apple and Google fans pushing their own sides.
Let's try this: Apple, Google, and Microsoft each have more money than every member on this board - combined - will likely see or earn in their lifetimes. I could honestly care less about who's in 1st, 2nd, 3rd or even 10th place. Money is a necessary social construct designed to grease the wheels of civilization, but I'm getting quite tired of people treating the financial sector as if it was a professional football contest. The obsession with money and profit at the expense of almost everything else is responsible for so much pain and misery - not to mention the increasing inferior quality of almost every product we buy.
Shameful. There's no other word for it, but shameful.
Let's try this: Apple, Google, and Microsoft each have more money than every member on this board - combined - will likely see or earn in their lifetimes. I could honestly care less about who's in 1st, 2nd, 3rd or even 10th place. Money is a necessary social construct designed to grease the wheels of civilization, but I'm getting quite tired of people treating the financial sector as if it was a professional football contest. The obsession with money and profit at the expense of almost everything else is responsible for so much pain and misery - not to mention the increasing inferior quality of almost every product we buy.
Shameful. There's no other word for it, but shameful.
It seems that you actually think having a ton of cash sitting there is a good thing. That's likely why Tim Cook was chosen by Steve, and you and others weren't.
You're joking right ? Just about every other low life scumbag that I come across has an iPhone along with his crappy Nike Airs.
Yeah, once you don’t get health insurance anymore or a job because google has been logging your speeding habit and made the data available to your prospective employer, you’ll change your mind.
Both of which happened to people. Just google it :-/
OK, somebody with more knowledge than mean please clarify the difference "cash on hand" and "cash-rich company".
CNBC 07-30-19: Apple now has $210.6 billion in cash on hand
Apple now has $210 billion in cash on hand, enough to buy Netflix and Tesla with cash to spare
CNBC 07-30-19: Apple now has $210.6 billion in cash on hand
Apple now has $210 billion in cash on hand, enough to buy Netflix and Tesla with cash to spare
I use all Apple hardware but Google services and couldn’t be happier. Agreed, I’m not living in hell either.
One hundred and seventeen billion dollars in cash says they've probably more success than the others.