OR Cooks the reason it's not at $10 like some predicted a while back?
He's there to manage the company, not the stock, in any case.
WTF. His job is to manage the stock and the perception of the company.
The entire Wall Street is saying Apple has peaked and will go fall from here. Its Tim Cooks job to articulate a vision that those are lies. Cook gets paid $100,000,000 a year. Of course he needs to protect the stock and shareholder interest. If not Cook should quit and be a CEO for a private company.
get a fucking clue -- managing to the stock and not to delighting the customer is the dumbest idea in the world:
Apple catered to wall street a couple years ago and it has gotten them nowhere. WallStreet bashed Apple for hoarding cash and said paying a dividend would lift the stock and satisfy investors. Apple complied. WallStreet said iPhone was too expensive for China and they needed to make cheaper phone. Apple complied with 5c. WallStreet said Cook need to innovate and create new product and services. Apple complied with Apple Pay and Apple Watch. They said Apple needed to acquire a company but they had a fit when Apple bought Beats for 3 billion. I think the stock tanked from that news. If iPhone sales growth is now the issue why did the stock peak back in Feb? I remember when the fear was margins, eps growth, rev growth and even Samsung!
Apple is Samsung's number one supplier? First I've heard of it!
Not sure if they're the #1, but they provide a lot of parts for the iPhone/Pad, in addition to Storage and Memory chips and panels for desktop/laptop lines. Samsung also make a lot of stuff like capacitors and mosfets, but I'm not sure how many (if any?) Apple uses.
That would make Apple a customer, not a supplier. Was being pedantic. Obviously got past the editor.
Good. ScamScum deserves every little bit of pain it receives. I have zero sympathy for them.
I agree about the company, but this kind of announcement usually goes with, later on in the year, massive layoffs. In a country like South Korea where Samsung very much is a "cannot be ignored or avoided" employer (or order giver for other companies), this means thousands of normal people like you and me ending up jobless because a few fat cats made a lot of money via dishonest means.
I have zero sympathy for the company nor the executives involved in these products, but I am sorry for the average Joes and Janes...
Samsung will have a tough 2016...............that means Apple will tank! SELL! SELL! SELL!
Yet Apple CEO sits on his hands and does nothing to stop the bleeding. The stock is down over $30 in a few months.
Stock was close to $570 billion. A few months ago it was $760 billion.
Apple has lost almost $200,000,000,000 in market cap yet the CEO does NOTHING.
Your constant rants about Apple's stock are always amusing.
Fact is, many people playing the stock market are only in it for the short term profit apparently you seem to be in that group as it's all you ever talk about. The long term investors in businesses are the ones companies should care about, people like you should be completely ignored as you're concerned with making profit not the business' longevity.
I hope Apple stock continues to decline - it'll only aid their stock repurchase program and with a larger share of their own business, they'll be able to care less and less about the likes of you.
I agree, I think gadgetry has peaked in consumer interest and they are looking for the next evolutionary wave in technology. "What will make my life easier and integrated, rather than more fashionable and on an island".
If services are to become the new King of the hill, Google and Facebook with their huge data sets suddenly look more attractive than others, including Apple. Data will be the central brain of these systems after all.
If this research is an indicator of the near future, Apple will have to slightly shift away from the iPhone, as in the fashionable device, and concentrate on services, as in the ultimate utility across all it's devices. iTunes is in the right spirit here but not evolved enough to be the only direction.
In efforts of integration and extensibility, Apple would also have to become an open platform, which is NOT a genetic trait of the company. Don't assume what is good for a developer today is good for them tomorrow. Developers follow the money.
I see some pretty challenging growing pains for Apple and others here, including Samsung. But I think each will eventually evolve and ultimately recover in their respective ways, and be a viable contender in the new space.
I don't think Apple, Samsung, Microsoft and others are "going away" any time soon. Perhaps just evolving.
Business Insider? You may as well use Buzzfeed as a source. Pure trash clickbait.
Samsung will have a tough 2016...............that means Apple will tank! SELL! SELL! SELL!
Yet Apple CEO sits on his hands and does nothing to stop the bleeding. The stock is down over $30 in a few months.
Stock was close to $570 billion. A few months ago it was $760 billion.
Apple has lost almost $200,000,000,000 in market cap yet the CEO does NOTHING.
No Apple lost nothing. It's a value on papers. In fact, their cash pile is getting larger and larger. $200B cap means nothing to Apple cash! It's like equity in your house.
When you read reports on this news on other sites, competition from a host of cheap and very capable Chinese Android phones is given as a major factor in Samsung's sales decline, not just competition from iPhones.
AppleInsider said:
This year however, Apple is reportedly pulling its entire A10 generation of chip production from Samsung's fabs and making TSMC its sole supplier.
That move not only erases considerable revenue from Samsung's LSI, but
also threatens to leave its state of the art fabs underutilized, either
with nothing to build or reconfigured to manufacture less valuable
components. With Samsung in an increasingly desperate condition,
Apple faces the weakest significant competition it ever has in the
smartphone and tablet markets
That could have a devastating impact on Samsung's ability to invest
billions of dollars for continued innovation in chip fabrication, while
also funding the development of advanced production of chips in Taiwan,
Korea's primary fabrication rival.
With Samsung in an increasingly desperate condition, Apple faces the
weakest significant competition it ever has in the smartphone and tablet
markets. It also opens the door for Apple to negotiate new component
deals with Samsung at less favorable rates, further making Apple 2016
easier while complicating things for Samsung, the company that builds
more than half of the world's Android phones.
If Apple are pulling their entire A10 chip production from Samsung, what components will Apple be able to negotiate better rates on?
I hate to break the bad news, but Samsung are reportedly going to be manufacturing 14nm chips for AMD. They are already supplying high end Exynos 7420 CPUs to Meizu and of course they make 14nm processors for Qualcomm. Then of course there's the 14nm chips they are making for Nvidia. But let's not let any facts get in the way of the truth or a good Samsung dis.
Poor Samsung, making low value - whoops, that's not true is it - 14nm chips for everyone except Apple. Things couldn't possibly be bleaker for them.
Have you thought of writing fiction instead of factual articles? This work shows promise in the former field.
Well, you're own argument is kinda week, since the top end latest tech chips only make their way in high end devices... And well, Apple's market share of those is ever increasing. AMD is in the dumps too. Don't think losing selling 120M+ A10 won't hurt : it will, but it won't be a crippling blow for sure. A loss of probably 5B in revenue, maybe 1B in profit.
Comments
get a fucking clue -- managing to the stock and not to delighting the customer is the dumbest idea in the world:
http://www.forbes.com/sites/stevedenning/2011/11/28/maximizing-shareholder-value-the-dumbest-idea-in-the-world/
now go troll somewhere else.
Sog, That's not what a CEO does.
Learn more about what a CEO does with this handy link: http://humanresources.about.com/od/job-titles/f/Chief-Executive-Officer-Ceo-Do.htm
I have zero sympathy for the company nor the executives involved in these products, but I am sorry for the average Joes and Janes...
Fact is, many people playing the stock market are only in it for the short term profit apparently you seem to be in that group as it's all you ever talk about.
The long term investors in businesses are the ones companies should care about, people like you should be completely ignored as you're concerned with making profit not the business' longevity.
I hope Apple stock continues to decline - it'll only aid their stock repurchase program and with a larger share of their own business, they'll be able to care less and less about the likes of you.