Apple And Samsung: Here’s What Happens When The Money Begins To Run Out

PixoBebo ^ | Friday, December 26, 2014 | Kate MacKenzie

[Swordmaker]

but his three month old, top of the line Samsung—which was still being sold for that high price—was worth only $64.95 in trade in! When asked why, the answer was that "No one wants them!"

Not to argue, but he could have sold it for a lot more on ebay. I have a Galaxy S2 for several years and am quite happy with it. Just switched to Consumer Cellular and am happy with that service as well.

I told him could take that option, but he didn't want the hassle. When I got home later, I found the same phone was selling used for about $110 on eBay. . . Just 3 months after release while new ones were still being sold. Two year old iphones were selling for 60-80% of their RETAIL unlocked pricing. Hundreds of dollars used. Even four years old iPhones were still more than two or three hundred. Same vintage Android? $20-25.

[usconservative]

From Apple's Latest Quarterly Report:

CUPERTINO, California—October 20, 2014—Apple® today announced financial results for its fiscal 2014 fourth quarter ended September 27, 2014. The Company posted quarterly revenue of $42.1 billion and quarterly net profit of $8.5 billion, or $1.42 per diluted share. These results compare to revenue of $37.5 billion and net profit of $7.5 billion, or $1.18 per diluted share, in the year-ago quarter. Gross margin was 38 percent compared to 37 percent in the year-ago quarter. International sales accounted for 60 percent of the quarter’s revenue.

So a quarterly R&D Budget of $1.6 Billion against net profits of $8.5 Billion comes up to about 18% spend is R&D. For a company that needs to continue to innovate, that sounds about right.

ROI's sitting right about 11.8% (call it 12%) if I've done the math right.

I don't see how those numbers justify their sky-high stock price. That as a consumer of Apple's products, not an investor.

[Wonder Warthog]

"John D. Rockefeller did indeed achieve a monopoly position in oil with his Standard Oil Company, controlling more than 90% of the U.S. market for a number of years until it was forcibly broken up. I think I told you I have an degree in Economics. . . and it is obvious you don't know what you're talking about!"

90% is not 100%. And yes, his ATTEMPT at monopolization was broken up.

Note also that although there was talk of "breaking up" Microsoft, that never happened...so obviously by your own "economic" standard, Microsoft/Bill Gates was not a monopoly/monopolist, despite your claims that it was.

But having a rational discussion with an Apple fanatic/apologist apparently isn't possible.

Why not actually address the REAL issue, which is the difference between Apple and Wintel when it came to actually competing in the marketplace.

I also suggest that you could use a few lessons in manners, as well.