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Highlights of Apple's 2018 Shareholders Meeting
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But it's not that simple. Do you realize that more than 1/5 of the country's driver licenses don't meet the new federal requirements? States are dragging their feet and they've asked for multiple deadline extensions on a redesigned ID.
Do you really think states would implement a digital ID? I mean it's worth trying but if you think Apple's wallet was slow to roll out, just wait until you start mixing in state politics.
Edwards Air Force Base has annual open houses and their stuff is more classified. They button up a few things, put armed guards in front of a couple buildings and let the general public roam.
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- iPhone X customer satisfaction is at 99%.
Is that 99% of people who responded to a survey or 99% of all iPhone X buyers? If its the former, it would be interesting to see how the question was framed, and if its the latter, well that's Saddam Hussein levels of satisfaction!!
He didn't say they were ready. He said the board has the right to seek external candidates, but that his goal is to prepare multiple, internal candidates.
"- iPhone X customer satisfaction is at 99%."
This is easily the most significant thing in this article. In 2016, Customer Satisfaction Rates for the whole smartphone industry was at about 75%; 85% for Apple and 86% for Samsung. To make a product that literally 99% of the people who purchase enjoy is incredibly difficult to do.
https://www.cnet.com/news/apple-samsung-smartphone-customer-satisfaction-acsi-ranking-2016/
This is easily the most significant thing in this article. In 2016, Customer Satisfaction Rates for the whole smartphone industry was at about 75%; 85% for Apple and 86% for Samsung. To make a product that literally 99% of the people who purchase enjoy is incredibly difficult to do.
https://www.cnet.com/news/apple-samsung-smartphone-customer-satisfaction-acsi-ranking-2016/
I had no idea this is a topic discussed every shareholders meeting. I wonder what names are being brought up and why do they have the need to discuss this every time? I'm not being sarcastic, I'm actually intrigued.
Tim Cook: Everything is great! We have set a record number of sales the past year.
It's not something that just "comes up". He stated it's on every agenda. As a publicly traded company, and especially one of Apple's size, there's almost always (as there should be) succession plans not just for retirement, but contingency in the case of death, illness, etc.
One requirement prior to letting someone ask a question should be to see if someone has a phone newer than an iPhone 4 (Yes, I realize that iOS 9 is installed on phones later than iPhone 4's and that they did not mention what type of phone the person had.... )
A shareholder can be anyone who ownes one share of stock. Anyone who owns one share can attend these meetings and ask a question. Smart asses ask when will Tim be replaced. While there likely is a private internal list of potential replacement candidates (privy only to the top brass at Apple) those names are not public info nor should they be.
Though this is not an internal candidate, Steve Jobs' son would make an excellent CEO, as he has many of the traits that Steve did. Just need to wait a few more years...
" iPhone X customer satisfaction is at 99%."
I'm surprised they didn't go to full 100%. Whoever believes the 99% would lick up the 100% or even more, too.
I'm surprised they didn't go to full 100%. Whoever believes the 99% would lick up the 100% or even more, too.
Interesting. He said "mobile payments" instead of Apple Pay. I think that's key. By now I think it's obvious Apple Pay isn't where they would like it to be. I am not sure about Russia, but the mobile payment adoption speeding up in China might be associated with Apple's decisions surrounding Alipay and WeChat. I have no evidence, but I think Apple misjudged end user willingness to change. They got most banks involved fairly quickly and easily. Businesses followed more slowly, kicking and screaming while doing it. Customers, by and large, don't seem to care. I think it's because paying for stuff really isn't that hard no matter how you do it.
With Tim, Apple is doomed. More bugs and bad decisons coming.
Apple needs a CEO, not a political activist.
Apple needs a CEO, not a political activist.
Psst. Rules for getting errors fixed in editorial stories are noted in Forum Rules Minor Problems #8:
Julie fixed this one within about 28000ms of reporting it.
Thank GOD Cook doesn't like special dividends. We want more buybacks. Buyback those shares, Tim.
Excellent job.
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$88.3B in revenue and $20B in profit in 90 days. People love the products and they are making amazing decisions at Apple. See the forest through the trees.
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I hope they spend all $163B of net cash on buybacks.
Excellent job.
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Cook is FAR more than a political activist. Cook is a supply chain genius and an amazing leader. You not a shareholder?
$88.3B in revenue and $20B in profit in 90 days. People love the products and they are making amazing decisions at Apple. See the forest through the trees.
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You don't want special dividends as a shareholder. They are a waste of our money. Buyback a cheap stock and increase the normal dividend 10%. Drive those outstanding shares down and drive long term EPS growth and save the money on dividend payments for the shares you retire.Tim may not like them, but I still hope there is a nice uptick in dividends this year. 10%/yr increase is nice, but with a few extra billion laying around, it wouldn't kill them to help me out a bit more.
But...I have a feeling they will only drastically increase their stock buyback. In theory that should at least keep the stock price moving up.
I hope they spend all $163B of net cash on buybacks.
You mean Apple's "town squares"? No thanks. When they first opened, Apple's stores had a nice workshop vibe. Now they resemble a crowded bus station. The Genius Bar was convenient until they introduced online diagnostics. And shipping a defective product to them for service was less troublesome than waiting in a queue at the store.
Okay but low-key does anyone else see the guy in the photo provided with the story walking to the SJ theatre with his dog? Curious what the context is there. I thought maybe a service dog, which it very well could be, but the angle doesn’t easily show a harness on the dog stating such a role.
"With Tim, Apple is doomed. More bugs and bad decisons coming."
I hear ya, bro. That's been coming every year since Jobs' death 7 years ago. Yet Apple continues to produce products people are willing to open their wallets and purchase.
Cook is doing an amazing job. Manufacturing, selling, and delivering roughly 600,000 iPhones per day, every day (on the average) is testament, as just one example.
While, not a political activist per se, Cook aggressively looks out for the interests of Apple, including its employees, and customers with respect to championing equal opportunity, non-discrimination, and privacy. I understand many here have issues with respect to those stances/causes in general.
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