Posted on 12/26/2014 10:19:05 AM PST by Star Traveler
You knew this had to happen. While Samsung and other Android smartphone vendors bask in the glory of marketshare vs. Apples iPhone and iPad, its Apple that walks away with most of the profits. Without profits, tech companies have to tighten their belts, cut back on R&D (research and development), close stores, and reduce the product line.
Guess which high profile tech company is doing all that?
If you guessed Apple, youd be so far off the mark that youre probably in need of public assistance for watching too much Faux News and reading Business Insider. Its not Apple. Its Samsung.
The Korean giants profits have been on the wane for a year, matched in dropping velocity only by the mostly flatlined stock price. Samsung has cut back on the number of smartphone and tablet models, reduced spending, laid off employees, and now its in the process of shuttering a flagship store.
(Excerpt) Read more at pixobebo.com ...
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.
CUPERTINO, CaliforniaOctober 20, 2014Apple® 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 quarters 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.
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.
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