They didn’t care. Short term profit outweighs long term viability.
Ah, the normal mid to late July Apple FUD Season argument… I knew it would make its appearance… I was waiting for it to be posted. Like clockwork, here it is.
Incorrect. Apple doesn’t build iPhones only in China. Apple manufactures parts for the iPhone in over 150 countries including the USA. The assemble them in several countries including Brazil, India, Malaysia, Vietnam, and China. Sub-assemblies are assembled in multiple countries. Design of chips is done by Apple, and the overall engineering of hardware and software is done by Apple in California, Austin, Ireland, and several other campuses.
Apple computers are variously assembled or manufactured in China, Malaysia, Ireland, Vietnam, and the USA—in Elk Grove, California, for custom configured iMacs, or Austin, Texas for MacPro.
This past week, AAPL stock prices topped all time highs on the DOW, and Apple reached an all time record as the most valuable company in history at $2.49 Trillion Market Cap. There are dozens of cellular phone manufacturers that are no longer in business that went for “long term viability” that are no longer in the handset business… Nokia, Motorola, Ericsson, Blackberry anyone? So much for losing “long term viability.”
What ”short term” profits, brownsfan? I think Apple is now looking at a steady profit growth pattern of about 25 years, resulting in Apple becoming the most valuable publicly traded company in the World.
This article is pure FUD in advance of the upcoming Financial Conference Call on July 27… so we are in Fear, Uncertainty, and Doubt (FUD) Season in advance of that call. These type of articles always start appearing in the two to three weeks in advance of Apple events.
ALSO, Apple’s success has never been targeted toward being the number one in sales volume. If so, they’d be competing on price and chasing the bottom of the barrel and selling discount iPhones in high-quantity at bargain basement pricing. They have never done that. Apple does not even sell the highest priced smartphones; that is a Samsung Android phone. Xiaomi started out by making exact look-alike Android operating iPhone knock-offs
Xiaomi MI A2 (left), Apple iPhone X (right)
2018
and capturing lots of iPhone user wanna-bes in the China market by selling the knock-offs for 1/20th the price of the real thing.
In January of 2021, Xiaomi was determined by our Department of Defense to be an asset of the Chinese Army, but Xiaomi sued in a Federal Court of the District of Columbia and found a Progressive Liberal Judge who ruled that they were not and that Xiaomi products could be used by our military. In May, 2021, the new Biden Administration military agreed, despite the fact that all Xiaomi products store their cloud data on Chinese servers in mainland china and have pre-installed Chinese apps that do indeed call home to mainland China. Of course, these are completely safe for everyone to use, including our military. An impartial Judge says so. Right, sure. —Apple FUD PING!
APPLE CONFERENCE CALL FUD PING!
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