WOW! I find that hard to believe.
Discuss technical issues, software, and hardware.
Don't attack people!
Don't respond to the Anti-Apple Thread Trolls!
PLEASE IGNORE THEM!!!
Apple profits Ping!
If you want on or off the Mac Ping List, Freepmail me.
Posted on 01/13/2011 11:21:52 PM PST by Swordmaker
"It is shocking to see how much head room Apple as a company has to continue to grow," Michael Shulman writes for SeekingAlpha.
• The macro environment: Apple has grown in spectacular fashion through the worst recession since the Great Depression. For the last three fiscal years ending September 30, the company posted sales of $32.5 billion, $32.9 billion and $65.2 billion. According to Durban capital, in the calendar year 2010 up through October, 60%-65% of the entire growth in dollars spent by US consumers went to Apple. • The marketplace: Apple’s market share of laptops, desktops and of all smart electronic devices continues to grow in every market it chooses to sell products... There are no market saturation issues limiting Apple’s growth for the foreseeable future. • Revenues, margins, cash: The company has more than enough cash to do whatever it wants.
Shulman writes, "The three major names lined up against AAPL are looking at declining margins. Why did this happen and can it continue?"
• Apple makes better products far more in touch with customer needs than its competitors – and charges them for that quality. • There are deep flaws in competitors’ product architecture. Analysts hoping to get on CNBC cite Google (GOOG) and Microsoft (MSFT) as Apple competitors. They are not... • The cloud is here and growing • Business people like consumer friendly devices • Apps, music and video will continue to create new demand far faster than anyone
Much more in the full article
During this depression, I have cut back on most all spending.
But, Apple has received my money for an Itouch and another laptop.
Good products.
WOW! I find that hard to believe.
If you want on or off the Mac Ping List, Freepmail me.
You can have my iPhone when you pry it from my cold, dead hands.
I did not realize they did $65 Billion last year.
200% of the previous year.
Incredible!
Whaaaa?
With the increase in fuel prices?
You know I’m an Apple owner, but I find this really, really difficult to believe.
I bought my wife an iPad for Christmas(I was tired of her using mine).
I was just barely able to buy one at a Best Buy in my region at the last minute because they were selling out so fast. The day before Christmas Eve I found the one I wanted in stock, and I drove for an hour to get it. When I got there, there were 3 people with the guy selling iPads. Luckily, The one I was after wasn’t one the other people were looking for, and I was able to get one for her.
The Best Buy rep told me that they had totally sold out of iPads three times during that week, and they would likely empty the inventory again on that day, because they had very few left. He said that he’d never seen anything like that kind of demand when it comes to computers.
I almost think that the competitors to the iPad are too late out of the gate. So many people now own iPads, and the defacto name for a tablet type device is now an “iPad”, just as an internet search is called a “google”. Very difficult to overcome.
I bought six iPads (4 16GB WIFI, 2 64GB WIFI 3G) and 3 Macs (21.5" iMac, 27" iMac, MacMini Server), in the last week of 2010, for the dental office I manage. Personally, I bought three 16Gb iPhone4s and a 64GB iPad 3G for personal and family use.
‘I almost think that the competitors to the iPad are too late out of the gate. So many people now own iPads, and the defacto name for a tablet type device is now an “iPad”, just as an internet search is called a “google”. Very difficult to overcome.’
Flashback to the iPad launch, and all the juvenile attempts to denigrate the name and product. LOL!
Glad to see my analysis at the time was spot on. ;-)
I managed to hold off on iPad 1 and make do with my iPhone 4, but expect to pick up an iPad 2 shortly after launch.
I think this article is dead on, and I expect Mac computers to continue to pick up momentum.
The article refers to January-October 2010, when gas prices went from $2.77 to $2.85, an increase of just under 3%.
Me too. My largest consumer purchase was a new imac. Money well spent.
I’m surprised you haven’t been expelled for dissenting...
M$ is still convalescing from the hole it shot in its foot called Vista. (It still doesn’t support a Vista-less way to go from the old good XP to Windows 7.)
Google lives on ads and on free. You don’t get a lot of revenue from free.
Linux continues its slow progress outside of Google as well. Linux is free and there are excellent free consumer distros as well. Corporations will and do pay a pretty penny for Linux support.
I agree. It's similar to when the iPod came out in the early 2000s. It almost immediately became uncool to own any other brand of MP3 player.
As I've stated previously on Apple related threads, I believe Apple will sell over one billion (1,000,000,000) iPad devices worldwide♠ over the next decade. For Apple shareholders, this represents $600b in revenue just for the iPad alone. Hold on to those shares!
I agree. It's similar to when the iPod came out in the early 2000s. It almost immediately became uncool to own any other brand of MP3 player.I almost think that the competitors to the iPad are too late out of the gate. So many people now own iPads, and the defacto name for a tablet type device is now an “iPad”, just as an internet search is called a “google”. Very difficult to overcome.
As I've stated previously on Apple related threads, I believe Apple will sell over one billion (1,000,000,000) iPad devices worldwide over the next decade.
From the comments, after the article:For Apple shareholders, this represents $600b in revenue just for the iPad alone. Hold on to those shares!an iPad is as much of a PC as any other, which is why iPad sales growth has seriously dented PC/netbook sales. So iPads are personal computers and make Apple the largest PC maker based on shipments. iPad revenues therefore add to Apple's computer revenue stream. Let's see the actual revenue contribution by product line on 18 January.
Funny you should mention that today, after my broker called me up to say that it was company policy to call any client whose holding in any one stock had done as well as AAPL has lately, to raise the issue of rebalancing to reduce risk. Given my opinion of AAPL in this decade, I should be rich - but I seem to have a genius for bad timing. In reality, my AAPL holding is too small a percentage of my portfolio - and has been all decade long. Well, in hindsight most of us could say that . . .At any rate, I'm going to hold. What I might do, tho, is make my charitable donations in AAPL stock - and buy it back at a higher cost basis for tax purposes . . .
Dittos. Wish I could justify the cost of an iPhone. I'd have one in a second, but too rich for my blood at this point in time.
Dissent all you want, just do it without insulting people. Easy.
Who says I’m insulting HIM?
No one is... I just told you that anyone is free to dissent so long as they refrain from insulting their opponents or others. Don’t read into my post what isn’t there.
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