Originally Posted by newbee
Maybe the reason that we all "missed" your intent is this: Fact: Apple is on record as stating first weekend sales of the iPhone 5 (2012) topped five million.
In your #16 post you said: "7 million would be the number... considering that China was included in the launch this time. That would equal last year's launch of the 5. It would signal no growth over last year." (italics mine)
In my reply (#125) I said: "Growth is growth. I can tell you for a fact that when my business went up by 40% ... I never once said ... "well yeah, but that's only because I have 40% more customers this year ... so it doesn't count".
I cannot make it any clearer than that. I realize that some posters (hint, hint) specialize in ambiguity, otherwise known as cover your ass posting in case you get called on it, my mistake was, I guess, in not recognizing that you fell into that demographic. btw ... you'll have last kick at this thing as I am "off to the races". So feel free ....
Geez, man... don't blame me. I can't help it if your comprehension level is low.
Hmmmm... let's see.
1. Last year Apple sold 5 million 5s in the first three days at launch. China was not included in the initial launch.
2. Later, when introduced in China the 5 sold another 2 million at launch in the first 3 days.
3. That would equal 7 million sold total over the 3 initial days for both the initial launch and then the 3 day launch in China.
... so, let's say that Apple sold 7 million 5s phones at launch this time. A launch that includes China. Yes, at first glance it appears that there is a 40% increase in sales during the first three days. You'd be correct.
Now a dumb investor would say, "Holy crap! Apple just sold 40% more phones during the launch weekend!"
A smart investor would say, "That figure looks good at first glance but we have to remember that it includes China. I'm not going to jump up and down about a perceived 40% growth at Apple until I see the figures for the next three months because it looks like there is zero growth at launch when all considerations are weighed."
This reminds me of the time my Boss got a complaint from a tenant that said I was over-watering the grass at the apartment building. I happened to tell the tenant that the water goes on for an hour in the morning and an hour at night. I forgot to tell him that is the sum total of the 5 zones being watered... 12 minutes for each zone. Sadly, the tenant still didn't get it even after I explained it to him.
Edited by island hermit - 9/22/13 at 7:19pm