Wife says he works so much harder,another watch testimonial.
It's in the 10q
Some time in the next two years apple will have a billion
Never in the history of mankind (not hyperbole) has any company had a billion credit cards within their power and the money, design and technical skill to market to them. Add to that these are folks loaded with discretionary income. Google has a dependent on apple search engine and amazon sells goods for less then cost hoping some day they can sell every item sold so they can sustain a profit, good luck with that. The search deal with google is just about up and other retailers are finding out how to compete with Amazon.
If you find greater fools to buy and sell those two,goog and amzn, more power to you. I just don't want to be holding the bag when the chickens come home to roost.
As a part time accountant I remember when leasing a car was considered a joke and only worked financially if one were in business and able to write off the lease. The same will be true one day with phones as leasing them being able to move up without penalty will be the norm just like leasing a car. The great fear of no subsidies for apple is gone. People see their phones as a necessity and have no problem charging it off by the month.
Who said it's the only thing? Not me. A recurring model for apple would be
a way to give investors some relief in the fear that the next iteration of the phone is going to have some problem hurting sales or just not sell as many. Apple has no room for anything other then higher sales for every new iPhone they release. Analysts are freaking out as I type about the last holiday qtr's sale of 74 million so afraid apple might sell 72 million in the coming holiday and have their first new iteration less then the previous one. Apple can't continue to go up with that type of pressure and I believe they know it and will remedy it.
The problems with the service are real. I lost all my music, then half my music, then I lost half my music and all the new music, now I have half my music and some of my new music.
The information is on the record. They have gotten the majors to negotiate with the local affiliates. There are hundreds of them that have to make deal. That takes time. By the fall it will either be done or the particulars will be leaked. Patience grasshopper. Do not pass go and collect your dividend.
Recurring guaranteed revenue I repeat recurring guaranteed revenue. Amazon has it with Prime and Google has it with search. Apple is looked at as a hardware iPhone company subject to selling the latest iteration in the tens of millions each qtr OR ELSE!!!!!!! Apple TV is a game changer because it locks hundreds of millions into the apple system with a monthly debit of RECURRING revenue. Apple knows this and is working diligently to put all the various pieces together. We will soon have our day. Apple TV will have unique Apple content and a package of channels to cut the cable cord with an interface so simple and so easy you'll wonder why it wasn't always like this. Only Apple can do that.
Cook said only 27% of iPhone owners have bought into the 6 series. That means tens of millions of switchers and first time buyers bought the 6 with a 73% installed base to market to.
Too many great things in the fall and just maybe a strategic acquisition or two.
Watch what they do in India next. You think they'll get more then the 2% they currently have?
He would never have gone there and when faced with criticism he would have recoiled and become defensive and combative. Tim Cook stayed with it knowing the culture and cultivated a healthy relationship while attacking their market. For China alone Tim Cook is head and shoulders better for Apple at this time in its history.
As Apple continues to grow the naysayers are going to back up the shares because they have embedded the Law of Large Numbers in their brain. They also don't understand what's happening in China as 4g speeds are still in their infancy and aapl's 6 series finally meets the needs of Chinese middle class consumers. They loved aapl all along but the 4 series was a dwarf next to Samsung's phones and the status conscious Chinese just could not be shown. This has all changed and the landscape has years to play out.
You should have joined the Wristy group. You would be one of the few dissatisfied with the watch but it would be informative to share your experience. I love my watch and have found it indispensable. Pulling out my phone was becoming a nuisance and now I hardly ever do it. I direct my music, read and return messages, answer phone calls, log and track my workouts,walks and tennis, buy things using Apple Pay at a snap, check the weather, and keep apple stock front and center on my face to monitor it all day long.
You rarely see such growth all over the world and you'll never see it again with company so big. Only Apple can do this.