I haven't heard the entire analyst call, but I ran into an Apple employee and he said something to the effect of increased dividends as well and that this was all going to start in June. I don't know what changes they are making to the dividends, but I think this is a welcome stock split, I just wish I had a bunch of shares to take advantage of this moving forward. For some reason, the new price is going to be around $76 a share instead of $535, and I think it's going to be a LOT easier for Apple to reach $100 a share and HOPEFULLY not go back down than it is for Apple to reach $700 a share and to have that as the new base line. Time will tell what happens, but I think what happens at WWDC and their announcements is going to make me feel either more or less comfortable.
One thing I must say, when I listened to part of the conference call and listen to some of the "positive" comments they were mentioning, some of them are fluff. I hate it when they make a comment, but there isn't much substance behind it. Having 800 Million iTunes account holders is FLUFF to me, but if they said they are seeing a 30% increase per user of money being spent, that's more substance. Having an account doesn't mean you are spending money. I haven't rented or bought any movies in a while and I"m a little upset they don't have a yearly subscription service. I have one with Amazon (bought it before the price increase) and I use it fairly regularly. For a while I was using it daily for several hours catching up on shows I've never seen before. There service is pretty decent quality and serves up the content pretty good, but I wish Apple had this service without having an AppleTV. Watching on a 27 inch iMac is good enough right now. But I would like to maybe see Apple have some sort of $9.95 a month for unlimited streaming, as long as they have enough decent content (TV and Movies) to watch on my iMac. I might be up for that.
The auto integration, I'm sorry, but I see it only as a way to make people feel more comfortable using an iPhone with a car and I so far don't see how Apple is making money from this. So, I think it would be better if they had some other NEW revenue stream from the auto industry. If they had some deal where cars came with a built in iPad on the dashboard instead of some other system, that might excite me if it was catching on. But I would like to see them have an actual new revenue stream to get hot and bothered about it.
The green stuff is fluff, it's cool they are doing it, but it's not going to effect the stock price, only what Greenpeace THINKS about Apple.
On a conference call, it is imperative to proudly exclaim your accomplishments. 700m+ c.c.'s on file is something no other company can come close to. What other company even has 100m? Who cares if it grows even 1% yoy? That's 8 million additional users. You have take consider that 800m relative to every other # in the history of the world. It's staggering, not fluff.
Ios in the car will be huge. You could write a book about why it's imperative for their business model to succeed. There is a reason why 100% of car mfgrs will offer it within 3 years. If they don't, their sales will be had by a competitor. Granted, they won't make huge numbers off iOS in the car, but they will make huge profits selling iPhones and iPads and Iwatches.
Apple's ecosystem exists to sell hardware, not to generate insane profits. The lion's share of profits come from hardware sales. I think payments will eventually account for 15% of Apple's profits...down the road.
I agree with your thoughts about the subscription service. But ultimately, I could care less. I go to my Netflix and Prime app if I want to stream old movies. I don't like spending the 20% Apple premium, compared to Amazon, on rentals and purchases of digital content, but I overcome that by buying $100 iTunes cards on sale for $75 on ebay once a year. Although, I've noticed recently their prices are more in line with Amazon's.