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Didn't somebody recently win a Nobel Prize for his work in behavioral economics? Maybe not the same thing you are talking about. Never made any kind of study of this stuff beyond what I thought was necessary for survival.

Buffett is interesting on a number of levels. If we're going to live in a world with a whole lot of billionaires, more of them need to be Warren Buffett.
Yup, it was Richard Thaler, who I had mentioned in a previous post. I've read some of his work. Brilliant guy.

I've found this stuff to be super useful even outside of work/finance. The lessons just apply so much in everyday life.

And absolutely. Buffett is a gem in every way.
 
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from a customer point of view it would be great to see it flopping considering the price. vote with the wallet may be a great idea
Exactly, and they are now going on eBay for less than retail price which is awesome already :) ... seen them go for hundreds less already, most people just do not want to pay that much for a phone and refuse to, keep em coming down
 
"Some buy for some kind of status" .... oh the irony.

Does it feel great, does it make you feel superior by belittling people who buy an iPhone X? Because in your opinion they lack common sense and are hence stupid.

Apple was NEVER cheap. I remember times where normal Macbooks would be way past 2k for the entry models.

And yet, at the same time the same people who complain about Apple's pricetag complain about conditions in factories. Hypocrisy much?

I for one am willing to pay more for quality. I for one am willing to pay more so people - including the folks at Apple - can have a living wage. You do know they're not working for free, yup? (and yes, no need to point it out, I'm well aware that Apple isn't great in terms of their factories/cheap labor).

Being stingy is not cool.

And besides, maybe people should stop wanting everything there and now. Get a feel for value. Have to save. Keep things for any number of time (why do you NEED to update every year?)

At the end of the day, it's every persons very personal business how they spend their money. Don't want to spend that much? Great, go spend it on something else. Want it but can't afford it? Stop being envoys and sour and start saving.


Forget the arguement for a second.

If you are honest with yourself, I can see the story you are telling yourself when you buy an Apple product and it has a lot to do with your status, and maintaining the status of the people who built and support the product.

Apple products aren’t for everyone. They are for people like you.

There were some valid points made by ryanar (spelling?). But he has copped some rage lately across a couple of posts. This kind of debate is interesting, hope he/she doesn’t leave.
 
Forget the arguement for a second.

If you are honest with yourself, I can see the story you are telling yourself when you buy an Apple product and it has a lot to do with your status, and maintaining the status of the people who built and support the product.

Apple products aren’t for everyone. They are for people like you.

There were some valid points made by ryanar (spelling?). But he has copped some rage lately across a couple of posts. This kind of debate is interesting, hope he/she doesn’t leave.

I'm seriously sitting here laughing at the thought that people think I'm buying Apple for my status and not for ANYTHING else.

I also keep wondering why Apple products are so prevalent in some fields - like among scientists - who really don't care about status.

Of course Apple products aren't for everyone but I do keep wondering what "kind of people like you" I am. Care to tell me?

But, keep telling this yourself ;)
 
I'm seriously sitting here laughing at the thought that people think I'm buying Apple for my status and not for ANYTHING else.

I also keep wondering why Apple products are so prevalent in some fields - like among scientists - who really don't care about status.

Of course Apple products aren't for everyone but I do keep wondering what "kind of people like you" I am. Care to tell me?

But, keep telling this yourself ;)

I for one am willing to pay more for quality. I for one am willing to pay more so people - including the folks at Apple - can have a living wage. You do know they're not working for free, yup? (and yes, no need to point it out, I'm well aware that Apple isn't great in terms of their factories/cheap labor).

Being stingy is not cool.

How about this, 3 things I know about you from your post.

- I’m someone who pays for quality products (bet this is true with other purchases in your life)

- Feel a sense of helping others through product selection (again, I bet this also comes into play in other aspects of your life too)

- Paying a fair price and not ripping people off.


You have to dig deep to understand your own status. Are you keeping your status at the same level, raising it, lowering it.

How would you feel buying/receiving a Samsung phone.

Choosing an expensive doctor over a cheap one?

Sending your kids to a public school or a private school?

You can laugh, but there is a marketing machine inside Apple at work, and it’s talking to people like you and your status.
 
Very happy with UPS. Scheduled delivery was 12/6-12/13. Started seeing tracking information on 11/23 at 9:37 am. Departed Korea at 11/30 at 12:54 am. Departed Alaska on 11/29 at 3:47 pm (gotta love international date line), arrived in Louisville 11/30 at 2:28 am. Departed Louisville to Atlanta at 6:02 am and didn't make it into Atlanta until 7:07 am (very late).

Normally the cut off for deliveries is 6:30 am because they must be driven about 40 miles to the hub near me. It left Atlanta at unknown time (wasn't scanned), arrived at my hub at 9:38 am, put out for delivery at 9:54 am and delivered at 10:08 am.

About to set it up. I thought for sure they would just push it off until tomorrow's delivery.
 
Very happy with UPS. Scheduled delivery was 12/6-12/13. Started seeing tracking information on 11/23 at 9:37 am. Departed Korea at 11/30 at 12:54 am. Departed Alaska on 11/29 at 3:47 pm (gotta love international date line), arrived in Louisville 11/30 at 2:28 am. Departed Louisville to Atlanta at 6:02 am and didn't make it into Atlanta until 7:07 am (very late).

Normally the cut off for deliveries is 6:30 am because they must be driven about 40 miles to the hub near me. It left Atlanta at unknown time (wasn't scanned), arrived at my hub at 9:38 am, put out for delivery at 9:54 am and delivered at 10:08 am.

About to set it up. I thought for sure they would just push it off until tomorrow's delivery.

My phone might be in the exact same shipment as yours. It departed Anchorage 11/29 4:50 PM. No arrival scan yet though, and delivery currently scheduled for Monday. Southern California.

BTW, wondering if anyone can advise whether I should call AT&T ahead if I want this phone to be activated with my current number. All I know for sure is Apple connected to my current AT&T account when I placed the order.
 
My phone might be in the exact same shipment as yours. It departed Anchorage 11/29 4:50 PM. No arrival scan yet though, and delivery currently scheduled for Monday. Southern California.

BTW, wondering if anyone can advise whether I should call AT&T ahead if I want this phone to be activated with my current number. All I know for sure is Apple connected to my current AT&T account when I placed the order.

I was able to set up mine without calling. Was pretty cool. Just needed old phone near the new one.
 
The question is will it ask for a Verison account details for first time activation. And if you check the IMEI number will it say Verison phone. If it says Verison device then apple warranty wont cover it here in India. In India now the fully unlocked version have international warranty and that's why we are waiting for Sim free version .
I have read lot of threads, and as per that verizon version is as good as sim-free. Since, It doesn't ask for any carrier information while ordering it online, all you need to do is put your existing active sim card (any carrier) and it will work.
Even, I am getting it from US to use in India, and checked with apple support they will honour the warranty for iphone X from US, IMEI number has nothing to do with it.
 
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I was able to set up mine without calling. Was pretty cool. Just needed old phone near the new one.

Thanks! Was this done through the new phone?

BTW, lastest update, the phone is stuck in Louisville.

A late flight has caused a delay. We will update the delivery date as soon as possible. / Your delivery has been rescheduled for the next business day.​
 
I have read lot of threads, and as per that verizon version is as good as sim-free. Since, It doesn't ask for any carrier information while ordering it online, all you need to do is put your existing active sim card (any carrier) and it will work.
Even, I am getting it from US to use in India, and checked with apple support they will honour the warranty for iphone X from US, IMEI number has nothing to do with it.
Thanks for the tip. So should i go ahead and purchase it online since my sister is in Chicago and will be back on January. Apple India extended the warranty saying it will honor the warranty only if its an unlocked phone. Also Verizon model will be the GSM one rgt?
 
Thanks for the tip. So should i go ahead and purchase it online since my sister is in Chicago and will be back on January. Apple India extended the warranty saying it will honor the warranty only if its an unlocked phone. Also Verizon model will be the GSM one rgt?
I am getting mine in mid december, I can update you by that time. Verizon model paid in full is unlocked, and its a universal model A-1865 which is compatible for India networks.
 
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I am getting mine in mid december, I can update you by that time. Verizon model paid in full is unlocked, and its a universal model A-1865 which is compatible for India networks.
okay thats great. So i will wait for your reply. Please shoot me your email if you dont mind.
 
I JUST LOVE BEING SO, SO, SO, SO FREAKING RIGHT!!!!!!

Yes, a YOY increase of 7.1% would be impossible if the X were a flop. However, as you know, that's revenue, and with the base model price increasing 53.9%, that revenue growth is very achievable with an actual decline in the raw number of units sold.

It would just be cool if we could stick to the facts and avoid nutty extrapolations. The X is a neat device that has generated tons of media hype, and it's virtually a lock that Apple will have YOY quarterly increases in revenue and gross profit. Beyond that...not a lot.

Consider these [teardown costs]:
  • $370 in parts on $999 MSRP for the base X
  • $247 in parts on $699 MSRP for the base 8
  • $288 in parts on $799 MSRP for the base 8+
I'm intentionally ignoring stuff lower on the income statement (like R&D under OpEx) as well as stuff like wholesale costs. It doesn't change the conclusions much. Anyway, you can see that the gross margins are actually solid in both scenarios. So it might not matter at all.

My somewhat-informed-but-mostly-half-assed guess is that they'll set records on both revenue and gross profit. For this not to happen, you'd need stuff like high price elasticity of demand or lots of platform switches. For better or worse, the X is not so "revolutionary" that it'll fail.

And then we can all bitch and moan about:
A) whether it's still a "success" if total units sold are down
B) what total units sold "means" with respect to Apple's manufacturing, the device itself, Android competition, the size of the mobile market, the end of carrrier subsidies, and a billion other things
C) whether there are any longer term implications from the numbers beyond Q2 forecasts

Sadly it will be just as much of a cluster%#?! as this thread because people don't seem to understand that units sold, revenue, and gross profit are three very different concepts.
 
I JUST LOVE BEING SO, SO, SO, SO FREAKING RIGHT!!!!!!

Apple's stock is down and Apple is already discontinuing the iPhone X. That overshadows everything.

Umm, I think that means... IT BOMBED! :D

Apple needs to regroup and put Touch ID under the glass before someone else does or the iPhone will not be a top seller. That's the only reason Apple is forced to keep the iPhone 6s and 7s around. It's not that Face ID failed. There's just a significant number of people that in different situations find it a hassle more than a feature.

My prediction came out better than yours. :p
 
Apple's stock is down and Apple is already discontinuing the iPhone X. That overshadows everything.

Umm, I think that means... IT BOMBED! :D

Apple needs to regroup and put Touch ID under the glass before someone else does or the iPhone will not be a top seller. That's the only reason Apple is forced to keep the iPhone 6s and 7s around. It's not that Face ID failed. There's just a significant number of people that in different situations find it a hassle more than a feature.

My prediction came out better than yours. :p

What the hell are you smoking?! Apple hasn't discontinued the X. Tim Cook announced that it was the best selling iPhone every week it's been on sale. Why would you discontinue to best selling smartphone? No one in their right minds would. Tons of Android manufacturers would love to have such a "bomb" in their inventory.
 
What the hell are you smoking?! Apple hasn't discontinued the X. Tim Cook announced that it was the best selling iPhone every week it's been on sale. Why would you discontinue to best selling smartphone? No one in their right minds would. Tons of Android manufacturers would love to have such a "bomb" in their inventory.

Apparently you didn't read the other thread. Apple is rumored to discontinue iPhone X in September rather than continue selling it unlike most other iPhones. Clearly you missed that. The list of Tim Cook lies might be a new book soon they are getting so long.
 
Apparently you didn't read the other thread. Apple is rumored to discontinue iPhone X in September rather than continue selling it unlike most other iPhones. Clearly you missed that. The list of Tim Cook lies might be a new book soon they are getting so long.

You didn't say anything about a rumor. You said that Apple was discontinuing the iPhone X. Further, that rumor is nothing but weak sauce. Now that we have the quarterly results and the average selling price and Tim Cook's assertion, we know that the X is selling excellently. It's not in Apple's history to discontinue a top selling item, especially an iPhone, so suddenly.
 
I JUST LOVE BEING SO, SO, SO, SO FREAKING RIGHT!!!!!!

I doubt you’re right on the part about how much the phone parts cost when the company reports a margin of below 40%.
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You didn't say anything about a rumor. You said that Apple was discontinuing the iPhone X. Further, that rumor is nothing but weak sauce. Now that we have the quarterly results and the average selling price and Tim Cook's assertion, we know that the X is selling excellently. It's not in Apple's history to discontinue a top selling item, especially an iPhone, so suddenly.

It makes sense in this case because making OLED displays in such huge numbers (hint: two out of an expected three lines) will likely necessitate them bumping off the X this year instead of making it a lower cost model. That isn’t even going into the possible problem having four lines of phones all with Face ID scanners when it comes to production.
 
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You didn't say anything about a rumor. You said that Apple was discontinuing the iPhone X. Further, that rumor is nothing but weak sauce. Now that we have the quarterly results and the average selling price and Tim Cook's assertion, we know that the X is selling excellently. It's not in Apple's history to discontinue a top selling item, especially an iPhone, so suddenly.

You are on MacRumors you know? The discontinuation plan has already leaked here.

As for sales, Apple releases no sales numbers by models, even to investors, but they obviously smelled blood in the water since Apple stock has tanked in the past week.

Timmy also said there were no FM radio chips in iPhones and was proven a liar in just a couple weeks by a teardown. If you're trusting in his guarantee, well I wouldn't take the money to the bank just yet. Obviously Apple investors know more. :D
 
I doubt you’re right on the part about how much the phone parts cost when the company reports a margin of below 40%.
Those aren't my numbers. They're third party estimates.

Regardless they're probably pretty decent. You may be forgetting that iPhones don't magically appear out of a box of parts when Timmy clicks his heels together 3 times. Gross profit is revenue minus COGS, which is more than just the cost of the components.
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Apple's stock is down and Apple is already discontinuing the iPhone X. That overshadows everything.

Umm, I think that means... IT BOMBED! :D

Apple needs to regroup and put Touch ID under the glass before someone else does or the iPhone will not be a top seller. That's the only reason Apple is forced to keep the iPhone 6s and 7s around. It's not that Face ID failed. There's just a significant number of people that in different situations find it a hassle more than a feature.

My prediction came out better than yours. :p
Sarcasm, right? It's hard for me to tell on here sometimes.
 
Those aren't my numbers. They're third party estimates.

Regardless they're probably pretty decent. You may be forgetting that iPhones don't magically appear out of a box of parts when Timmy clicks his heels together 3 times. Gross profit is revenue minus COGS, which is more than just the cost of the components.
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Sarcasm, right? It's hard for me to tell on here sometimes.

According to Tim Cook, labor is one of the cheapest costs of the iPhone.
 
According to Tim Cook, labor is one of the cheapest costs of the iPhone.
Again, the numbers came from teardown analyses online by Techinsights and reported by Reuters. They aren't my numbers.

Additionally, while iPhones are the leading product in revenue, they aren't the only product or service Apple sells, and there isn't public data on margins by category.
 
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