China has around 150 million in the so called middle class but 500 million are projected in the next decade. These people in large numbers see apple products in a direct correlation to their new found status. 20% penetration for apple into this group gives them 100 million subscribers which is almost half the total iPhones sold in their best year.
Now if they somehow penetrate India where they are in single digits and market 10% to their projected 200 million middle class that would give them two countries alone with more half their current totals.
Two countries nowhere close to US like numbers in penetration gets them to a $200 PPS. That's without new product growth and the fact that each new iPhone sub is very likely to boost sales of other apple products.
China is the new metric for valuing apple but with China come risks like no other market. If for any reason the gov't would pull the rug out from under them all bets are off. That's why Cook dotes over them and continues to employ millions of their workers, helps their developer industry integrate to apple and makes investments in China's move to fight air pollution. China is vital to apple's growth plans.
If I told you one man would hit more Home Runs then every other team put together not once but twice you'd say I was crazy. Well Babe Ruth did it in 1927 and 1930. Apple is Ruthian in its potential to grow.
If you want to binge watch a show and get the first three seasons first for free SIRI will show you who has them and then direct you to who has the latest season. Universal search is going to be amazing.
No priority to iTunes. Just ask SIRI for the show and it is alleged to be able to search all content and come up with the show requested. A big coup story at Buzzfeed.
I realize they have several hit shows but is that worth 40 billion? Apple has the connections to hire the right people with the right projects to build their own studio and create a hit machine. Granted it's not easy but with a billion credit cards apple has an enormous following that will reward an apple service with great original content. I see 2016 as the year apple makes its intention known to rival Netscape.
How many times does apple have to prove the pundits wrong before they get the credit they deserve. 3D touch has been heralded as a way to extend the functionality and ease of use of the phone without changing the form factor. Eventually you will be able to do many times more of the same things faster, more conveniently and with more resource. Do you think a single talking head gets it. Developers will though.
They just sent out more kits to developers and haven't sold the new Apple TV's. This is a very complicated deal requiring lots and lots of negotiations with different entities. Meanwhile apple has a very compelling product being made very enticing with apps and home kits just now being developed.
It's looking more and more that a streaming TV service is not in the cards this year. They may be waiting for the leverage of sales from the Apple TV.
It is very encouraging that Netflix is making an app sold in iTunes for apple TV.
You understand where Apple is headed. It's the natural evolution of the gorilla that Apple begin its domination of Enterprise an area where it's penetration is great but its growth only just begun. This is the place where Microsoft, IBM and Cisco have chosen to align and orbit around the Big Dog APPLE. Only Tim Cook could have brought this group into the fold and gotten them in line.
I'll never forget how Cramer said his children saw apple as old news and how they loved Samsung phones. A year later he was taking calls from Cook, accepting e-mails and telling everyone just own apple and put it in a locked box. Apple music is a loss leader, it's not there to make money and it's not a priority for apple's business model. It has had problems and it has lost some customers but it is but a tiny piece that will improve over time. As for the guy who says to short apple I hope he stays the course.
We all know SIRI needs help
It would have been far worse had the market continued to go up because of easy money and run the S&P to over 20 times earnings. Then a real bubble would have formed and the pop would have been alarming. We need a steady decline in the market closer to 15000 on the DOW and have apple hold its own during the correction. The American economy can avoid recession and some time in 2016 the Fed will begin the laborious attempt to unwind the rates up to a level sustainable in a recovery. Apple can thrive in this environment as the phones remain a necessity and with leasing taking hold a part of everyone's monthly expense much like a utility. Meanwhile the other products get traction and Jony Ives uses his blank check of funding to make new magical products.
The blueprint has been made in Enterprise, wearables, Tv, Music, Car, HomeKit, Apps and the quarterly annuity that is the iPhone.
They are repeating the exact criticisms of the watch that they did with the phone,"it lacks a killer app". They forget the iPhone sold only a few million before there was "an app for that". Their inability to understand is our greatest advantage. I traded apple 5 times successfully with 1000 of my many thousands of shares. This is the first time I am underwater for several months. This too shall be cashed in for a capital gain.
It is skewed toward positive responses IMO and not totally objective. Beware of all such surveys as indicative of realize experiences.
Most apple stores are not conducive to transitioning and getting all the particulars in order to accept new orders for aapl's program. The article explains the trials and tribulations in doing it at an apple store.
Say apple ordered 90 million phones and channel checks show demand for 85 million. Does anyone think that a lower demand for Q1 with Chinese New Year coming Apple is going to lower orders. Does anyone think the phones won't be moved in 2016. They don't expire,LOLOLOL.
his cream shall rise to the top.
Sit back relax the market will come to apple sooner or later.
They are intertwined and they are separate at that same time. Short term the market needs to correct and apple is susceptible to it. Long term apple is great and when it goes down it is greater. If the market crashes apple buys more stock and makes an acquisition. That's the downside.
Apple is like a pharmaceutical company recouping all the R&D spent for a product by passing it along to the consumer. They are like a money printing machine. If the market continues to crash apple will retire half the float. These numbers have never been seen before and will never be seen again.