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Just to remind you, you are talking about the company that went almost bankrupt the first time Steve Jobs left, and Microsoft had to save it, with Bill smiling on the big screen at one of their keynotes.

And for the shareholder value he supposedly created, you make the mistake of looking at only their numbers. When he took over Apple was trading at 50.86, MS at 22.25, Google at 244.54, Amazon at 178.93 and NASDAQ stood at 2341.84 points. Until today Apple has grown 346%, MS 521%, Google 395%, Amazon 872% and NASDAQ is 241% percent up. Most of Apple performance comes from the inflation of share prices generally and the rest from the overall growth of the IT sector, but massively underperforms its closest competitors, even with one of them making a shot at the smartphone market and failing spectacularly in the meantime.
 
Just to remind you, you are talking about the company that went almost bankrupt the first time Steve Jobs left, and Microsoft had to save it, with Bill smiling on the big screen at one of their keynotes.

Not this one again. While repeating something silly often enough might work on the general populace, it doesn't work on everyone.
 
I'm sure they have data... and they probably even think some of it is accurate. ;)

They've walked back a number of product-lines and things over the last decade that they should have made those decisions based on data, too.

I think they do have data, but have been likely misinterpreting it. They keep conflating form-factor and cost, for one. Aside from a bit more or less material, what has screen size to do with cost? Yet, there seems to be some 'bigger is better' so it is the higher-end model thing going on.

You're probably right on the 'haven't needed it' aspect, though. We're all pretty trapped in Apple's eco-system at this point, so they can feed us just about anything, as the 'escape velocity' is quite high.



I'd be worried if Apple's future success is tied to wearables and services. Those things are closely tied to the success of the rest of Apple, as they aren't much on their own. So, if things get too bad, and too many of us hit that 'escape velocity' mentioned above, the wearables and services go too.

Also, while Tim has done a great job of keeping things on the rails as the rapid growth happened, I think the thrust for that growth was a LONG time in the making, and it's also possible Tim has been wasting aspects of it (though things seem to be getting back on track for the Mac, etc. too). While it would take a LOT to knock Apple from being successful, I've thought that about other major brands in the past, too.
Let’s be serious. Apple is worth over $1T and has done an amazing job executing a strategy that earns them $60B in profit annually.

Of course they make mistakes, could do better, and don’t know everything...but they have gotten FAR MORE right than wrong. Apple didn’t become the most profitable company in the world by not understanding their customers, lacking a long term strategy, and wondering how to interpret data.

Anyone questioning Apple’s results can’t be taken seriously. They are freaking amazing and the envy of the business world.
 
Just to remind you, you are talking about the company that went almost bankrupt the first time Steve Jobs left, and Microsoft had to save it, with Bill smiling on the big screen at one of their keynotes.

And for the shareholder value he supposedly created, you make the mistake of looking at only their numbers. When he took over Apple was trading at 50.86, MS at 22.25, Google at 244.54, Amazon at 178.93 and NASDAQ stood at 2341.84 points. Until today Apple has grown 346%, MS 521%, Google 395%, Amazon 872% and NASDAQ is 241% percent up. Most of Apple performance comes from the inflation of share prices generally and the rest from the overall growth of the IT sector, but massively underperforms its closest competitors, even with one of them making a shot at the smartphone market and failing spectacularly in the meantime.
I’ll certainly take the 346% return and be comfortable. You certainly make a good point that other companies have done even better, but you basically picked 3 of the other best companies in the world.

Amazon is an outlier that trades at a crazy valuation relative to earnings and Apple is still very cheap at 20. Apple still has room to grow, particularly when the multiple expands as they move more into services.

Apple is still the most profitable of all the companies you mentioned and I still see the next 10 years being exciting for the shares. I also own GOOGL and MSFT.

I couldn’t sleep at night owning AMZN, but it’s a great company and I missed buying the shares earlier. Point is, you can’t easily pick stocks.
 
This makes sense as a product but does not replace ANY of the attributes that make many SE users so enthusiastic. I’m still using an SE because I prioritize the smaller size, durability (glass backs and the rounded edges with raised screen design are terrible in this regard), and the reliability of a 1/8” headphone jack. I’m not holding my breath on the latter but removing EVERY attribute so many like about the SE could yield very different results than the original wildly popular SE at launch that caught Apple by surprise
 
Let’s be serious. Apple is worth over $1T and has done an amazing job executing a strategy that earns them $60B in profit annually.

Yeah, and that didn't just happen in the last quarter, year, or even decade.

Apple didn’t become the most profitable company in the world by not understanding their customers, lacking a long term strategy, and wondering how to interpret data.

Exactly, which is why I'm concerned that they are doing it now.

Apple fought long and hard to build a reputation they are eroding these days. Are they 'doomed'? Of course not. They could fail to make a profit for many years and still be just fine (Wall Street gambling aside). But, there might be a huge lag between current actions and results that can be seen in a rather meaningless 'valuation' or even annual profits.
 
Id rather they update the internals of the Iphone SE. A13, 3gb ram, Touch ID 2.0, better single lens cam, and front facing cam. Maybe even add 3D touch, and better battery tech, and call it a day.

Wouldnt hurt for better screen quality also.

3D Touch, I think, is history. But, other than that, same here. I'd rather they not change it much at all aside from a few internal updates, as you mention. My second (compromise) choice would be something like the iPhone X in the SE case.

As harsh as I was in the last couple of posts, there is a glimmer of hope in that Apple has been 'getting it' in a few of there recent decisions. People said the Mac Pro was done, the Mac mini was done, etc. If I remember correctly, the SE itself was a surprise that ran against the wisdom of the experts.
 
Just to remind you, you are talking about the company that went almost bankrupt the first time Steve Jobs left, and Microsoft had to save it, with Bill smiling on the big screen at one of their keynotes.

And for the shareholder value he supposedly created, you make the mistake of looking at only their numbers. When he took over Apple was trading at 50.86, MS at 22.25, Google at 244.54, Amazon at 178.93 and NASDAQ stood at 2341.84 points. Until today Apple has grown 346%, MS 521%, Google 395%, Amazon 872% and NASDAQ is 241% percent up. Most of Apple performance comes from the inflation of share prices generally and the rest from the overall growth of the IT sector, but massively underperforms its closest competitors, even with one of them making a shot at the smartphone market and failing spectacularly in the meantime.
This is false since Apple had a stock split that was 1:7 IIRC. Technically Apple is trading at over 1400 if you use that original $50 price.
 

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3D Touch, I think, is history. But, other than that, same here. I'd rather they not change it much at all aside from a few internal updates, as you mention. My second (compromise) choice would be something like the iPhone X in the SE case.

As harsh as I was in the last couple of posts, there is a glimmer of hope in that Apple has been 'getting it' in a few of there recent decisions. People said the Mac Pro was done, the Mac mini was done, etc. If I remember correctly, the SE itself was a surprise that ran against the wisdom of the experts.

Don’t forget the iPad Mini.....many pontificated, here and elsewhere, that it was done after the iPad Mini 4.

Ipad Mini Dead
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This is false since Apple had a stock split that was 1:7 IIRC. Technically Apple is trading at over 1400 if you use that original $50 price.

There was also a 2 for 1 stock split in the early 2000s.
 
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If they leave the current SE form-factor, then it is a fail. It's that simple.
It’s not necessarily just about the form factor. Some love the SE because it has a 4.0” display, usable without reachability.

4.7” is too big for my thumb span; I can’t reach from lower left to upper right if the diagonal is greater than about 4.0”. For me, a 4.7” (or larger) display in an SE form factor is a fail since it wouldn’t be usable one-handed.

Now on my fifth year with a 6s, the iPhone 12 Pro looks like my likely upgrade path: a slightly smaller form factor than the 6/7/8 but with a much larger 5.42” display.
 
This is false since Apple had a stock split that was 1:7 IIRC. Technically Apple is trading at over 1400 if you use that original $50 price.

No, these charts are adjusted for stock splits, otherwise they would be useless for long-time trends. The chart you've attached tracks the value of the current share, for August 2011 it shows 1/7 of the price of the share at the time. There is a chart showing actual stock prices and the splits.
 
No, these charts are adjusted for stock splits, otherwise they would be useless for long-time trends. The chart you've attached tracks the value of the current share, for August 2011 it shows 1/7 of the price of the share at the time. There is a chart showing actual stock prices and the splits.
You mentioned the stock is up ~360% since Jobs took over, that’s just not true though. If you bought a share back then you would have 2-28 shares now depending on when you bought. Apple has outperformed the Nasdaq by quite a bit and most other stocks too.
 
No, these charts are adjusted for stock splits, otherwise they would be useless for long-time trends. The chart you've attached tracks the value of the current share, for August 2011 it shows 1/7 of the price of the share at the time. There is a chart showing actual stock prices and the splits.
It’s actually not sufficient just to look at share prices, because that doesn’t account for dividends. There’s an awesome total return calculator at:


which shows what the actual return is if you had taken the dividend amount and used it to buy additional shares on the day the dividend was paid out.

Using 24 Aug 2011 as the start date and today’s date as the end date (as adjusted by the calculator tool, listed next to the ticker symbol in the chart below) the performance of all four stocks are as follows:


Stock and end date (2019)$1,000 investment grows to:compounded annual growth rate
APPL 9/26$6,125.9925.08%
MSFT 9/26$6,801.3226.71%
AMZN 9/26$8,891.1230.99%
GOOG 9/29$4,725.0421.11%
 
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You mentioned the stock is up ~360% since Jobs took over, that’s just not true though. If you bought a share back then you would have 2-28 shares now depending on when you bought. Apple has outperformed the Nasdaq by quite a bit and most other stocks too.

No, I wrote since Jobs left. That's August 2011. The price was 385 back then, before the split. The 50.86 price I've mentioned earlier was for 9 August 2011, and it's adjusted for the split, meaning it's 1/7th of the actual trading price of that day. The discrepancy comes from the different resolution of the charts, the one I've linked has only one price for August. And I was generous, because using this chart, the growth is "only" 310%.

Yes, it still outperformed Nasdaq, but lags behind its sector and competitors, just as I wrote in the first place. And I did not even talk about the N and F from FAANG.
 
Got excited reading the first part of the headline..
my daughter who is 15 refuses to upgrade her old SE due to every phone on the market being too big. She has been waiting to hear about the SE hoping it’ll stay in similar size. She will not be happy with this news and continue to use her old phone.

I mean, why not just call this upgrade the iPhone 8’s not the SE?
 
Got excited reading the first part of the headline..
my daughter who is 15 refuses to upgrade her old SE due to every phone on the market being too big. She has been waiting to hear about the SE hoping it’ll stay in similar size. She will not be happy with this news and continue to use her old phone.

I mean, why not just call this upgrade the iPhone 8’s not the SE?
It’s just the rumor mill calling it the SE2, who knows what Apple will call it.

Like the SE, Apple might avoid a numerical designation like 8, 9 or 11. But since it has an A13, maybe it will be the iPhone 11 “something”. Don’t ask me what that something would be though.
 
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Leaving out 3D Touch doesn't require going back to the iPhone 6 design. The iPhone 6 was the bendiest iPhone, there is zero chance they go back to that. They could leave out wireless charging (and the glass back) but I see zero reason to go back further than the iPhone 7 design (did they leave out any of the 5s over 5 advancements in the SE?).

The SE was released 2.5 yr after the 5s. The rumoured SE2 release next spring will also be 2.5 yr after the iPhone 8. Why would they change the formula that much with the SE2 and regress in many ways compared to the iPhone 8 if they didn't do so with the SE?

You are thinking from an Manufacturing and prespetive, and I was referring it from a user propestive. The design is practically the same between iPhone 6 all the way to 8, while each iteration has it own differences.

In all likelihood it will be based on a variation of iPhone 7, since that is still being sold in some counties and being manufactured in India as well.
 
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After handling an iPhone 11 for the past few days (bought one as a surprise for my partner), I have to say I am excited about the number of options folks like me will have in 2020 if the set of Kuo rumors is true:

1) a SoC upgrade in an iPhone 6/7/8 design
2) a return (or homage?) to iPhone 4 design language + size in a Pro model
3) retaining iPhone XR/11 sizes + a new, larger iPhone Pro Max size

Playing with the 11... while the advances in the iPhone 11 compared to anything prior to the X are undeniable, as someone not chasing the latest, I didn't have the 'wow' moment overall. Cameras? Certainly. Gestures, interface, and overall size? not so much, and not certain it's worth the tradeoff for handling due to its size. The 11 is a two-hander for sure.

Getting those same camera advances in a smaller body would be a deal-sealer and I'd likely run out to get one for both of us. (Who are both still using the SE.)

My feelings aside, though, it will be interesting to see the demand for 2020 iPhones. I was just in the Apple Store near me returning a product and the multiple lines for iPhones went all the way across the store and the store itself was packed to the brim.
 
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