iPad: 50,000 sales in 2 hours, Apple TV bumped, mysterious app icon - Page 4

It's besides the point because it isn't in any way, shape or form a response to the point. Not only is the proof lacking for the argument that "price always wins," the evidence doesn't even bloody well exist. The concept that people never choose to spend more for something is patently absurd. It defies the fundamental reality that we all know exists.

Whether they are priced "in line" or not is debatable, but you're now making a substantially different argument. People do indeed buy user experience, and other less than tangible qualities. Clearly. This is what Apple has always sold. But again, I think you are making the mistake of assuming that Apple is going after the netbook market. If they wanted to do that, they'd be selling netbooks. Instead they are selling the iPad, which doesn't seem even remotely like a netbook to me. In fact its dissimilarity to netbooks is what a lot of geekdom seems to hate about it.

Oh I wouldn't deny its capabilities. I don't like it from a usability standpoint. I'll check out the links though. Thanks.

Apple TV is limited because of the control. With all the patent they've been filing related to a controller for something that looks like a Apple TV, I am sure they are working on something.

I wasn't talking about that, I was talking about the fact that they're not just going to randomly drop the iPad's price like you keep suggesting. They'd have no reason to.

That is why Windows still dominates the market after all of these years with their great user experience... Price is everything in consumer space. User experience is a value add.

When I pre-ordered my two iPhone 3GSs last year Apple held the total amount for one day then released it. They didn't charge me again until they shipped them. It depends on your bank. My bank usually show a hold few hours later. The actual charge usually take 48 hours to show up.

Nonsense. Apple crippled the AppleTV from day one. The whole thing was conceptually flawed from day one.

@anantksundaram et al:
Does anybody know the finance Formula for Projected Share Price Increase for a given amount of Unit sales?
-I'm trying to make the beginnings of a guess at how much x sales of the iPad might add to AAPL's share price at the Minimum.

Is it: ( (Projected Unit Sales * Avg. Unit Price * Avg. Profit Margin) / # Shares Outstanding) * Avg. PE == Projected Increase per Share -?


IE: ((700k iPads @ $700 avg.p * 0.20PM) / 906.79MMShrs) * 22PE =~approx. $2.38-ish Increase in Stock Share price; other collateral + multiplicative factors like AppStores, notwithstanding?


(-even though, for some reason it seems the overall share price will probably go up 20x that number in the same time)

Any ideas/corrections on the Formula, etc. Anyone?
-thx, SKMDC

Apple: Introducing the iPad
Reaction: No one will buy this overpriced large iPod Touch

Apple: We've sold X million iPads in 2010
Reaction: This is just Apple fans. No one else want to buy it.

Apple: We've sold 2X million iPads in 2012
Reaction: They can't keep this momentum. There are better products

Apple: We've sold 3X million iPads in 2012
Reaction: We've told you the growth will stagnate

.
.
.

You get the idea.

Again, that's not even close to a response to anything I said. You seem to be trying to dodge your claim that "price always wins," when you must know full well that it does not. I doubt very much that you conduct your life that way, any more than any other human being does. User experience can't be detached, like it's an option of some sort. Intangibles are a part of the product. Every product you could think of, and we could name them all day long.

You can make up any formula you like, it might be just as valid as one invented by a professional analyst. The big problem with yours is the concept of "average P/E" -- there's really no such thing.

The reality is, the stock price isn't going to react in a deterministic fashion based on a formula anyway.

You win! I give up.

There is no such formula. Period.

And anyone who tells you otherwise is lying or clueless or has a pot of gold to sell you at the end of a rainbow.

So are you buy two because "If you want two even better you can get two and some Alabama chrome (duct tape) and tape those two together and at least then you could multitask."?!

You could say it was ahead of it's time, a device for an all download world which just didn't exist then and still doesn't.

Apple should have just been more level headed and made a base Apple TV with a DVD drive, and a high end model with a BD drive. Without optical the ATV was doomed to be a niche product, and a very expensive, and sadly too locked down and limited one at that.

It could still be saved through the type of all you can watch subscription models as offered by Netflix, LoveFilm etc, but I guess the studios don't want Apple to succeed here. Content is king as the saying goes, and Apple TV with it's ultra expensive and very limited store just isn't worth bothering with any more.

Personally I use my ATV from time to time to rent HD movies, but an iTunes HD rental is £4.50 for highly compressed 720p with lossy audio. I can get a BD in the mail from LoveFilm for £2 with beautiful 1080p video, lossless audio, and some behind the scenes extras to boot. ATV may be more convenient, but the sums just don't add up.

ATV is sadly destined to go the way of the iPod Hi-Fi and the cube. (and in my opinion, the iPad...)

Well, you're absolutely wrong on one point. From day one Apple TV has shipped with an HDMI connector. Still does.

How is the AppleTV supposed to replace a cable box when those things are usually tied to a provider and not interchangeable? Asking for this seems like a fantasy world request.

I'll agree that an optical drive DVD or BD would certainly add functionality and usefulness but how does not having one hurt the device? It's not like you have to choose between AppleTV or a DVD/BD player. You can have both. Adding it to AppleTV is only about consolidation and not added functionality.

For me, the beauty of AppleTV is it allows me to enjoy photos, podcasts, video podcasts, music, music videos, internet radio, TV shows, Movies and YouTube on my HD TV from my couch and it's accomplished with a simple effective interface. I do have my issues with the device, but they've never been so large as to damage my enjoyment. I've ripped my DVDs and can enjoy them on AppleTV with chapter marks and commentaries.

Most of my friends who come over and witness the AppleTV think it's a great device. Most comment how pictures especially are very impressive on the HD TV. Yet, only one friend of mine has gotten one. A tipping point has obviously not been reached. I think Apple is continuing to work on finding out what that point will be.

I don't believe it will be more content or BD or even the much touted DVR. It will probably need to be all of those plus maybe a Wii-like pointer interface to distinguish it and give it a 'wow' factor. Or maybe it will be the streaming from the cloud service that will get people excited about AppleTV. Maybe it's the configuring and synching that turns non-geeks off.

I'm curious how you see it as crippled. I've been using it from day one with much enjoyment. There are a few restraints, but I haven't felt it was a crippled experience.


Maybe, but it sure is taking AppleTV a long time to disappear. It's been on the market for 3 years now. We also have recent remarks from Apple saying they are still interested in working on the device and staying the market.

Please. I'll try to keep that in mind as I'm reinstalling Win7 again, because in less than a month, 3 friends have asked me to wipe their computer due to the same Myspace malware infection. People don't consciously buy Windows, they use it because it came on the PC they got for $299 with a mail-in rebate from Best Buy.

And people should realize, that perhaps the iPad isn't marketed to those that find $500 to be a lot of money.

If cash is short, don't blow it on frivolous things, be it an iPad, or some piece-of-sh*t netbook.

Troll much? You must really love living underneath bridges.

Then do the easy thing n00b and buy ATVFlash since you can't figure out the AppleTV is really hackable. It is amazing what you can do to that little machine.

The 50,000 estimate was from the first couple of hours, it's been 12 hours now, are there any updated estimates?

They dont actually "charge" a dollar for each item ordered. Or they shouldn't. The $1 you see is their computer reaching out to your bank' computer just to make sure the account is active and legit. The charge will drop off eventually and be replaced by the full charge. Not sure why they would charge $1 for each item unless you ordered separately.

You will often also see this if you purchase gas with a debit card. When you slide the card in, the computer doesn't know what the total charge will be, but it will check to make sure the account can accept the charge.

That what Apple has always done. They set a price point and then give you more at the same price point. At the very least I see the 32GB version for the same price at the 16GB version in less then six months.

Apple has every reason to do exactly what they did with the iPhone except instead of dropping the price they will simply give you far more for 499.00.

See now you can save yourself some money because the new iPhone OS will have multitasking. Don't say I never hooked you up. I called SJ for you just so you wouldnt have to buy duct tape. You can thank me later.

Last thing I need to do is take advice from you. Remember you are the guy that has to sell his shares to buy and iPad. Keep up the good work there E.F Hutton.

Yeah you keep holding onto that theory.

That funny because most members here don't believe a netbook has to the power to watch movies or even stream something with Flash. Netbooks work just fine in fact most are a good bit more powerful then the iPad and can now even run Windows 7 just fine. The iPad can't even handle Flash 10.

I'm not sure why we should be considering cheap netbooks as some kind of benchmark of what consumers are willing to pay. After all, until fairly recently, $300 netbooks didn't even exist, and yet there seemed to be quite few people willing to pay much more (and much more than $500, a "lot of money" or no) for mediocre laptops.

People will pay for things they like. Acting like the niche is entirely defined by "10 inch screen or less things that do computing stuff" and concluding that after that it's entirely a matter of price doesn't make any sense. The iPad isn't a netbook. For some people, it's going to be quite a bit better than a netbook, because it will be much easier to use, lighter, less bulky, with better battery life and easier access to an ecosystem of content most people are already familiar with.

For those people, a few hundred dollars will be worth it.

EDIT: Ah, I see Dr. Millmoss is on the case.

The multitasking rumor has been around since iPhone OS 2.0. It's still a rumor. After more than a month firing off on anyone who said he/she will buy an iPad you are getting one yourself.

I didn't say anything about netbooks doing those things well. People generally buy them for those purposes, and most I know end up disappointed.

With the exception of porn, spammy ads and kiddie games, flash isn't all that important to the average user.

Apparently it's up to about 90,000 in 6 hours.

The Washington Post has reported that Apple sold an estimated 91,000 iPads in the first six hours of the presale.

"On Friday, the first day that buyers could pre-order the device (it arrives in stores next month), Apple racked up an estimated 91,000 sales in just the first six hours of availability, putting temporarily to rest the Internet's persistent "iPad fail" meme. Analysts predict the first-year sales could reach 5 million."
- WashingtonPost.com 03.12.10

Not 'has' to. 'Wanted' to. Sell 10, to buy two iPads, not one (incl. cap gains tax and accessories).

As I also mentioned to you, I have more than enough AAPL left to put a kid through private college (the part you forgot). Thanks so much for your concern!

The next time you don't want to get called out when distorting something, try harder!

Who's E. F. Hutton?

Something tells me that when you're a stockholder it helps to know your stock's correct ticker symbol.

First of all Coke simply wouldn't exist if that were true. Why would it when POP! is .70 a bottle! and to the other extreme neither would Audi, MB, Ferrari, Lexus, etc, etc, etc.

The US highway system would be Hyundai, Hyundai and Hyundai from sea to shining sea!

Price wins every time... Yea I'm thinking not!

I agree. I paid with a debit card and Apple instantly pulled out -536 and some change plus two other entries for -1.00 in Pending leaving me with a much smaller ending balance. yahh, looks like they take it right away not during shipping.

I'd still have to disagree with your notion...

The public at large can be sold on anything no matter how bad it is...

Look no further than the government... and they were ANYTHING but cheap given their track record for past 100 years or so... and yet we are still sold on em every November even after all we know about em. Like lemmings we go with the crowd right off the cliff chirping all the way.

Not unlike Windows users who keep buying into their platform after the spyware and worms and viruses and security holes and keyloggers and... well you get my point...

They don't take it right away... they do check to make sure the card will approve the amount but it isn't removed from your account until it is shipped... This I'm all but sure of (given the amount of orders I've done on the Apple store).

If they did withdraw the funds without shipping then they be forcing you to either loose possible interest you might be earning on the funds if it was a debit card... OR .. if it was a credit card and they did it then you'd be charged finance charges prematurely. At the most what you are probably seeing is a 'lock' on the funds so Apple knows that when they do ship the order the funds will be available but if you call the bank the funds will still be in your possession so long as the order hasn't shipped... and again if its a credit card the money isn't charged to you but your 'available credit' with the credit card will likely have been reduced by the amount of your order so you are being prevented from maxing out the card and then having no credit left to pay for the order.

In both cases if they did try to actually remove/withdraw the funds from credit/debit accounts weeks before they shipped a product Apple would have been investigated, sued, etc so many times everyone would be talking about it.

I'm not saying its illegal because 'special orders' like cabinet work and such often do require at least 1/2 of the funds to be paid before any work begins but firstly, Apple isn't in that kind of business and secondly the company can't just do it without informing you of the policy.

Also check again.. when you said balance that probably isn't accurate... I'll bet you have a 'available balance' that has the funds removed... but the 'actual balance' is still what it was before you placed the order. Since you made an order (and the actual balance is what you make interest on) you gave your card as the method of payment ... Apple just told the bank that you made a transaction for XXX and promised to pay with that account and they are tell the bank to make sure the funds are still available when they ship it. If you told the bank to remove the hold they likely would and then they would in turn tell Apple the the funds have been declined and your order would be canceled.

are you sure you own one? have a look at the back. looks like HDMI to me!