Posted on 02/17/2015 7:05:29 AM PST by Lockbox
Apple fans are already hyperventilating with excitement about how much money Apple is going to make selling cars.
So let's put some numbers around that.
What if Apple immediately builds a car business the size of, say, Porsche's? How much more money will Apple make?
Well, Apple made about $53 billion of operating profit in the fiscal year ending in September 2014, a spectacular 28% operating profit margin on revenue of $182 billion.
Porsche, meanwhile, made about $2.6 billion of operating profit, an impressive (for a carmaker) 20% operating profit margin on revenue of $14.3 billion.
So if Apple sprouts a car business the size of Porsche's, Apple's operating profit will increase by ... 5%.
Wait, only 5%!?
Read more: http://www.businessinsider.com/how-much-money-can-apple-make-from-cars-2015-2#ixzz3S0y73ygc
(Excerpt) Read more at businessinsider.com ...
Herrrrre you go!
Rumor Apple may bid Tesla for $75 billion
http://sanfrancisco.cbslocal.com/2015/02/17/analyst-predicts-apple-to-buy-tesla-for-75-billion/
Feel free to post and please keep in the ping
No, it is confirmation that the cult is happy with crappy products and service - as would be expected.
I’m an AAPL shareholder and the car business makes zero sense. I don’t buy the rumors. I can see them teaming up with TSLA for batteries to power devices. That makes sense. AAPl is an iPhone company. That was a disruptive technology that completely changed an industry and where they make all their money. Cars? no... There has to be more to this story.
Let’s take your thought and apply it to what Apple does best...... make computers. The I phone reduced to the lowest factor is a small computer with a phone app.
Wouldn’t it be most logical to assume Tesla went to Apple to obtain an all new onboard do everything computer?
Doesn’t Tesla effectively use an ipad for their onboard touchscreen system now? Now they might be customizing that and making a new generation of systems for the automobile industry.
Since when is stating fact slanderous?
A 10% import tariff on all Apple products ought to take away the slave labor profit. Then Apple can choose whether to cut into their multi-billion dollar profit or pass it on to chumps like you.
that makes good sense to me
PROVE that any one of us is accepting money from Apple or ADMIT it is slander. Egads! You guys don’t even understand ENGLISH!
Okay, let’s go back (up above) to this SO-CALLED “fact”?
“All these Apple threads are by Apple’s paid social media trolls out to pump the Apple stock price.”
— — —
This is the “fact” that is being referred to by going back in the responses ... your Post #87 goes to Post #43, which goes to Post #42, which then goes to Post #41 ... which is where the quote comes from ... the SUPPOSED FACT!
NOW, you’ve heard from these people here that they are not paid media people (and I know of NO ONE on Free Republic that works for Apple or a media company doing work for Apple).
YET ... you’re referring to this post — as a FACT. The problem is ... it’s MADE UP out of thin air and pure imagination ... not from any “facts”!
AND in all this time of this MADE UP and so-called FACT, over multiple threads, over and over again ... NO ONE has been able to show it to be a fact!
It’s no more than a “tactic” from the Apple-Hater Cult Group, to which you obviously belong.
Members of the Apple-Hater Cult don’t need any proof. They’re completely happy in making up things out of thin air and from their demented imaginations! ... :-) ...
Calling them ... crappy products ... doesn’t count for much, considering it’s coming from a small group ... the Apple-Hater Cult ... :-) ...
When that small and obsessive Apple-Hater Cult is compared against the larger consumer market buying all these products, making Apple the most WILDLY SUCCESSFUL COMPANY in the history of business ... it’s obvious whose opinion counts ... :-) ...
Only one small correction, Star Traveler:
"it’s MADE UP out of thin air and pure imagination spite and hatred. There, fixed it.
Well, if they aren’t even articulate enough to know that they have to PROVE something or it is slander, then they are too DUMB to debate.
A little time spent learning the meaning of words helps ... Hence: Ignorant of English.
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