Sidebar Sidebar
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.

Transcript: Here's Everything Tim Cook Said About Apple's Impressive June Quarter Today

Michaelgtrusa said:
Anyone expecting more?
Click to expand...

Yes. A strategy for what they intend to do with all that money that they're making. Just stockpiling it is not even stupid and idiotic anymore, it's an unethical and shameful waste of ressources.
[doublepost=1501703265][/doublepost]
Cosmosent said:
NO mention of acquiring Snap ??? ... Tim should have said that when Snap gets below $10B, we're buying the company ! ... and that could occur later this week or next.

What good is it to have $250B+ USD in cash, when they just let it sit there, and ONLY use it for Stock Buybacks to prop-up the share price ???
Click to expand...

All the money that Apple and others are stockpiling could build a colony on Mars or finance a lot of important research. But hey, everybody just keep applauding them for doing absolutely nothing with it while others must starve.

With so much money comes reponsibility beyond the shareholder's bottomline
 
Last edited:
WatchFromAfar said:
You're talking as if Apple is a start-up, they went public 37 years ago.
Click to expand...

What Dave said is true though. Apple isn't going to pull a ton of risk. You aren't going to gain or lose 15% in a single day with Apple. There is just too much money involved. There are stocks I follow that go up 10% or down 10% on a given day. It's all about timing in those stocks as well as luck.
 
HardRain said:
I love Apple products, but damn if these numbers don't reveal how terribly overpriced the products are.
Click to expand...

On the contrary. If Apple's products are overpriced nobody would be buying them. They can only achieve such impressive results if products are appropriately priced based on demand.
 
anthorumor said:
Wow, 1.2 billion of any product sold is very impressive.
And many people doubted Apple could even enter the competitive mobile phone market.
Click to expand...
Whenever you hear about this amazing success of the iPhone in no matter which context, it's hard for me not to nostalgically think about that 2007 Ballmer clip where he derides Jobs' effort to enter the mobile market, sneering and gloating about Apple's unlikely prospects in that arena, while confidently proclaiming "we have our strategy, and I like our strategy better." I just can't help it.
 
  • Like
Reactions: IJ Reilly
Yet Apple can't afford to keep selling iPods to the many Apple customers who still want them?
 
steve333 said:
Yet Apple can't afford to keep selling iPods to the many Apple customers who still want them?
Click to expand...

Future captain of industry right here. "We're making too much money. Let's keep making a device with low demand and profit per unit"

PS Apple still sell iPods
 
steve333 said:
Yet Apple can't afford to keep selling iPods to the many Apple customers who still want them?
Click to expand...

That's not how business works, supply and demand and people are demanding iPhone's over iPod's. Apple is just trimming away at the fat so to speak.
 
I'm starting to have serious doubts that we'll actually see the promised "modular Mac Pro". As time passes by, and also reinforced by the explicit mention to the iMac Pro in this speech, I'm starting to get the impression that, yes, they promised the "modular Mac Pro", but they prefer us to buy the iMac Pro. I don't feel they want to give us back the flexibility we had with the traditional Mac Pro.

That flexibility/upgradeability is in fact completely opposite to the concept of every product Apple has released in the last 10 years, and I wouldn't be surprised if their plan is to convince all the professional users to buy the iMac Pro and make them forget about the modular Mac Pro.
 
Say what you will about Apple, but they have the formula for making money down pat.

The minority of people that love their products love them fiercely, and buy them at whatever cost.

And Apple, under Tim Cook, has become a master of giving you less and charging more, without impacting the average Apple-lover's perception of "value".

Their annual exercise of "removal" (whether it be resulting in thinner devices or deleted hardware components) while positioning itself as a luxury brand has been nothing short of a smashing success.

Regardless of how unhappy I am with their recent products, I can't help but applaud them for their skill in these areas.
 
melendezest said:
Say what you will about Apple, but they have the formula for making money down pat.

The minority of people that love their products love them fiercely, and buy them at whatever cost.

And Apple, under Tim Cook, has become a master of giving you less and charging more, without impacting the average Apple-lover's perception of "value".

Their annual exercise of "removal" (whether it be resulting in thinner devices or deleted hardware components) while positioning itself as a luxury brand has been nothing short of a smashing success.

Regardless of how unhappy I am with their recent products, I can't help but applaud them for their skill in these areas.
Click to expand...

Isn't there a Windows forum out there somewhere for you? Seriously. Life is too short for you to be lingering around here just to bellyache about what Apple hasn't done for you today.
 
Feenician said:
Future captain of industry right here. "We're making too much money. Let's keep making a device with low demand and profit per unit"

PS Apple still sell iPods
Click to expand...

Dave245 said:
That's not how business works, supply and demand and people are demanding iPhone's over iPod's. Apple is just trimming away at the fat so to speak.
Click to expand...

Analysts surveyed by FactSet estimate that Apple has sold about 1 million iPods per quarter in 2017, compared to 40 million to 50 million iPhone sales during the same periods.
That's 4 million customers a year with no iPod to buy except the Touch which is overpriced.
Personally I would rather keep those customers but I guess I'm not as smart as you guys
 
applezulu said:
Isn't there a Windows forum out there somewhere for you? Seriously. Life is too short for you to be lingering around here just to bellyache about what Apple hasn't done for you today.
Click to expand...

Isn't there a cheerleading-echo-chamber forum out there for you?

Seriously.

Life is too short for you to be lingering around here just to bellyache about what other Apple users point out about Apple that you don't like.
 
You must log in or register to reply here.
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.
Top Bottom
Back