Waiting for the Apple Lightsaber. Or the Apple Car.
The Apple Lightsaber would definitely increase Targets sales
Waiting for the Apple Lightsaber. Or the Apple Car.
Perhaps, but when you carry a product form a company that suddenly falls by double digits, its time for Target to call apple out on its product line that seemingly lacks innovation.Target has a lot bigger problems than the #1 Customer satisfying Company ever.
Lol if the iPhone disappears Apple would be still be very profitable? Okay no need to try debating with you then.
As a former Apple super-fan it is not hard to understand the lack of sales. Since Apple effectively exited the computer business they have offered little for me to buy. Wrist watches, ghetto headphones and Apple Pay do nothing for me. My iPhone 6 will be sufficient for the next few years. My six-core Mac Pro, quad MacBook Pro and quad mini will last for quite a while. They are all 2012 models whose performance is still plenty fast.
After purchasing two MBPs, two Mac Pros and four minis in about six years I'm just about done with Apple. I am only one consumer but there may be others who feel the same way about Tim's Apple.
Careful with where you say you shop. They may not let you in an apple store. You are not their demographic! Walmart - yikes!
I've been a long time mac and iPhone user, but I'll be honest, Apple isn't doing it for me anymore. Dropping the headphone jack, adding curved glass, these are gimmicks not improvements.
The same is true in their line of laptops. Their ever increasing desire to go thin is costing us valuable ports and performance. Soldering in ram and batteries and where is the sub $2000 laptop with a dedicated GPU?
Apple was been focusing too much on being a fashion company rather than building us tools we need.
Since the return of Jobs they've always had a fashion flare that was nice, but usually maintained a function first perspective and I'm not getting that impression anymore.
[doublepost=1471536018][/doublepost]Surely it couldn't possibly have anything to do with Target's overall sales being down this year, could it? Since they decided to let men in the women's restrooms and fitting rooms, and women in the mens? That has definitely affected my family's shopping habits. I used to be a Target regular.
During the second quarter of 2016, sales of Apple iPads, iPhones, and other devices fell 20 percent at popular retailer Target. Target CEO Brian Cornell highlighted the sales drop during an earnings call where he suggested the decline was due to a lack of "newness" and "innovation" and blamed poor Apple sales for Target's disappointing Q2 earnings results.
According to Cornell, electronics sales decreased by double digits, with Apple product sales responsible for a third of the overall drop.
In the first calendar quarter of 2016, Apple reported its first year-over-year revenue decline since 2003 and its first ever drop in iPhone sales, sending its stock into a downward spiral. The negative trend continued into the second quarter with another year-over-year revenue drop, and based on Apple's forecast for the third quarter of 2016, a third consecutive decline in revenue is expected.![]()
Apple expects to see revenue of $45.5 billion to $47.5 billion in the third calendar quarter of 2016, up to 12 percent lower than the $51.5 billion in revenue it saw in the third calendar quarter of 2015.
Device sales could turn around for Apple following the upcoming release of the iPhone 7 and iPhone 7 Plus, but as rumors suggest the changes being introduced in the two new devices are moderate, Apple's downward trend could potentially continue into 2017. Apple does, however, have some impressive products on the horizon, including the 2017 iPhone, which has caused stock to rise more than 20 percent over the course of the last three months.
The 2017 iPhone will mark the 10th anniversary of the original iPhone and to celebrate, Apple is rumored to be introducing some of its most significant iPhone changes ever like a dual curved edge-to-edge OLED display with a built-in Touch ID sensor, wireless charging, a glass body, and more.
Article Link: Sales of Apple Products Down 20% at Target
That is what happens when you get into the political side of things.I live in a very socially liberal area actually, but there were articles I have read stating this had cost them business. But I have not looked in a while, and this might have changed. But keep in mind that even a socially liberal area may have 20% conservative, so becoming political in those areas can still have an impact on sales. It is always good for companies to stay way from political issues as it can only cause issues no matter which side of the paradigm you fall on.
Exactly. ^They match amazon prices so i have walked out with lighting cables for $6/ea =)
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I think it's having an impact:
http://www.wsj.com/articles/target-...ut-private-bathrooms-to-all-stores-1471453630
Lol nice putting revenue number instead of profit. A profit of rough 7 billion compared to 50 billion is not "very profitable". Not to mention quite a few sales of macs is influenced by the integration of the iPhone and macs.Is there something about over $20 billion in annual revenue with a ~35% net profit that you find funny? That's the Mac.
That's Tim's job to find someone who will do this.Say you become CEO tomorrow. What new categories will you introduce??
If you check Target's financial news, they had a 1.1% decline in sales and 2.2% decline in transactions last quarter while Wal-Mart's increased. So their financials are down and it would seem he is trying to blame Apple although it seems to me more a Target problem.Read the summary again. It says Apple products sold at Target fell 20%. It doesn't say Target sales are down 20%
No, Target said electronics in general were 0.7% of the 1.1% decline. Apple was 1/3 of that 0.7%. Which just indicates that Apple is not the largest percentage of electronics sales at Target.