Sometimes it?s pretty obvious when Steve pooh-poohs an idea that they are planning to tackle it. Usually it?s by stating how others are struggling in that area, but the 7? iPad response didn?t sound like Apple is planning to come at the 7? tablet anytime soon.
Actually, no. It means their 7" prototyping series proved to be not the sweet spot. Whereas, the 10" prototyping did.
Interesting. When asked about Apple's huge cash stockpile, Steve said he strongly believes there will be one or two strategic opportunities in the future that they will need the cash for. He is saving up to buy Microsoft!
I thought this was one of the most interesting points. He does seem to imply they're saving a lot of money and he has been eyeing some other giant company. I doubt it's Microsoft, but it looks like one day they will try to buy up someone big.
Or at least a 10" one without the stupid side bezels so someone can actually type on it.
Steve Jobs is far from perfect in terms of "seeing the future" of tech and has been forced to make quite a few complete turnarounds in his thinking by the realities of the market over the last few years. Thinking that the iPad is a usable portable computer for any kind of serious work is one of them.
He's just wrong about this, but I guess we are the ones that will suffer until he figures it out.
How are "we," the ones doing serious work, suffering if, obviously, we are not using iPads?
Or at least a 10" one without the stupid side bezels so someone can actually type on it.
Apparently, according to how fast they're flying off of the shelves, that doesn't seem to be much of a problem .... ok .... except for you .... and I would imagine any touch screen device NEEDS a bezel around the perimeter so you can hold it without your thumbs activating something on the screen, by mistake .... no?
On the competition, Jobs said he isn't worried. "We're not done. We're working on a lot of things for the future." He added: "We're out to win this one."
Wow. He sounds like he is meaning business now!! This is the first time that I've heard Steve say that he wanted to win, not just to be the best. I love it.
Wow. He sounds like he is meaning business now!! This is the first time that I've heard Steve say that he wanted to win, not just to be the best. I love it.
How do you define win? They are the 2nd largest company in the world and well past the 2nd largest company in their category, and likely be the largest company in the world within a year. They are likely the highest revenue gainer for their category. They will likely become the highest profit gainer in their category within the year.
If we?re talking about ?PC?s (and not including the iPad) then Apple has already won here in terms of profit by a large margin. No other PC marker comes close to Apple who takes ⅓ of the entire market?s profits. If you we?re talking Mac HW compared to Windows OS (which makes no sense at all) then they won?t ever win that unless MS only installs Windows on their PCs forcing all other PC makers to do the same or if Apple destroys their PC business by licensing Mac OS.
I thought this was one of the most interesting points. He does seem to imply they're saving a lot of money and he has been eyeing some other giant company. I doubt it's Microsoft, but it looks like one day they will try to buy up someone big.
Microsoft?
Adobe?
Oracle?
HP?
RIM?
Intel?
AMD?
Qualcomm?
who knows
From the list:
Adbe yes
Msft maybe tomorrow
Amd maybe
And maybe they go back to producing and not just outsourcing, maybe slr or jbl or something like fox conn
Wow. He sounds like he is meaning business now!! This is the first time that I've heard Steve say that he wanted to win, not just to be the best. I love it.
by saying he wants to win, not just be the best, Steve J is saying that he will be watching market share, not just profits. He isn't going to let the iPhone and iPad become what the mac was, a PC with a small market share but profitable. He wants both market share and profits (by keeping costs low and delivering insanely great product experiences.) With that, he is telling M$ not to bother throwing away $400 million in advertising with the W7.
How do you define win? They are the 2nd largest company in the world and well past the 2nd largest company in their category, and likely be the largest company in the world within a year. They are likely the highest revenue gainer for their category. They will likely become the highest profit gainer in their category within the year.
If we?re talking about ?PC?s (and not including the iPad) then Apple has already won here in terms of profit by a large margin. No other PC marker comes close to Apple who takes ⅓ of the entire market?s profits. If you we?re talking Mac HW compared to Windows OS (which makes no sense at all) then they won?t ever win that unless MS only installs Windows on their PCs forcing all other PC makers to do the same or if Apple destroys their PC business by licensing Mac OS.
They R not the second company of the world, just the second "most valued" ...
Or at least a 10" one without the stupid side bezels so someone can actually type on it.
Steve Jobs is far from perfect in terms of "seeing the future" of tech and has been forced to make quite a few complete turnarounds in his thinking by the realities of the market over the last few years. Thinking that the iPad is a usable portable computer for any kind of serious work is one of them.
He's just wrong about this, but I guess we are the ones that will suffer until he figures it out.
Apparently that performance wasn't enough for the investment community; aapl down ~6% in after-hours trading. maybe they can get a government bail out....
Just typical behavior from the idiot investing community.
Apple blew out their own guidance and also blew out the projections of every single analyst - including the most bearish ones. And the stock falls 6%.
Idiots. What did they expect - Apple to announce a cure for cancer or something?
I thought this was one of the most interesting points. He does seem to imply they're saving a lot of money and he has been eyeing some other giant company. I doubt it's Microsoft, but it looks like one day they will try to buy up someone big.
Microsoft?
Adobe?
Oracle?
HP?
RIM?
Intel?
AMD?
Qualcomm?
who knows
Microsoft? Are you kidding?
Adobe? Only if they go nuclear and stop producing Mac software (which is financial suicide anyway)
Oracle? Nahh, Steve and Larry are friends and Steve doesn't want Oracle's business
HP? Steve doesn't care for HP but still doesn't want their business
RIM? Please. Never buy someone on the way down.
Intel? Too expensive and fraught with anti-trust problems. And Steve doesn't want their business either.
AMD? Unnecessary. What do they have that Apple needs...I mean, really?
Qualcomm? Maybe. Apple could easily write that check. The problem is that Apple would have to be faced with being in the cell phone chip business to their competitors (you don't really want to kill $10b in annual revenue). Lots of anti-trust issues too.
I'll review my stops in the morning. I want to hold Apple but typically keep my stops at 5% of the share price so I'll need to adjust if it is down 6%. Might be a good day to sell some other stocks though and pick up some more Apple.
Steve Jobs delivers a long, lengthy rant speaking frankly (albiet from a well written script) about a number of issues that must have been weighing on his mind.
I think the biggest note from the call was when he was questioned about what they are going to do with the $50 billion USD cash they have in the bank (plus an additional $5 billion or so every quarter going forward). In response, Jobs said they think they have "one or two opportunities" that they are waiting for.
What is Apple planning to do with its $50 billion? What are the "one or two opportunities"?
Most interesting to me is that as usual after their blow out quarterly reports, Apple's stock has again plummeted - over 6% in after hours trading so far! Anyone in the financial community care to explain why?
Most interesting to me is that as usual after their blow out quarterly reports, Apple's stock has again plummeted - over 6% in after hours trading so far! Anyone in the financial community care to explain why?
The stock had risen a lot before the earnings were announced. Investors then wait and see if anything unexpected happens. In this case earnings were pretty much as expected: slightly above projections. So, sell the stock and take profits.
Most interesting to me is that as usual after their blow out quarterly reports, Apple's stock has again plummeted - over 6% in after hours trading so far! Anyone in the financial community care to explain why?
Quote:
Originally Posted by TNSF
The stock had risen a lot before the earnings were announced. Investors then wait and see if anything unexpected happens. In this case earnings were pretty much as expected: slightly above projections. So, sell the stock and take profits.
I think the biggest note from the call was when he was questioned about what they are going to do with the $50 billion USD cash they have in the bank (plus an additional $5 billion or so every quarter going forward). In response, Jobs said they think they have "one or two opportunities" that they are waiting for.
What is Apple planning to do with its $50 billion? What are the "one or two opportunities"?
This is a very astute observation.
My small prediction? Major greenfield investments in the 'cloud', here in the US, so as to avoid all sorts of cross-border issues (therefore making it more expensive) combined with the purchase of a company such as Dropbox.
But that will still leave tens of billions of dollars in the bank.
I would imagine any touch screen device NEEDS a bezel around the perimeter so you can hold it without your thumbs activating something on the screen, by mistake .... no?
It's not obvious for him because he doesn't own nor has he ever used an iPad for any amount of time
Comments
Sometimes it?s pretty obvious when Steve pooh-poohs an idea that they are planning to tackle it. Usually it?s by stating how others are struggling in that area, but the 7? iPad response didn?t sound like Apple is planning to come at the 7? tablet anytime soon.
Actually, no. It means their 7" prototyping series proved to be not the sweet spot. Whereas, the 10" prototyping did.
Interesting. When asked about Apple's huge cash stockpile, Steve said he strongly believes there will be one or two strategic opportunities in the future that they will need the cash for. He is saving up to buy Microsoft!
I thought this was one of the most interesting points. He does seem to imply they're saving a lot of money and he has been eyeing some other giant company. I doubt it's Microsoft, but it looks like one day they will try to buy up someone big.
Microsoft?
Adobe?
Oracle?
HP?
RIM?
Intel?
AMD?
Qualcomm?
who knows
Or at least a 10" one without the stupid side bezels so someone can actually type on it.
Steve Jobs is far from perfect in terms of "seeing the future" of tech and has been forced to make quite a few complete turnarounds in his thinking by the realities of the market over the last few years. Thinking that the iPad is a usable portable computer for any kind of serious work is one of them.
He's just wrong about this, but I guess we are the ones that will suffer until he figures it out.
How are "we," the ones doing serious work, suffering if, obviously, we are not using iPads?
Or at least a 10" one without the stupid side bezels so someone can actually type on it.
Apparently, according to how fast they're flying off of the shelves, that doesn't seem to be much of a problem .... ok .... except for you .... and I would imagine any touch screen device NEEDS a bezel around the perimeter so you can hold it without your thumbs activating something on the screen, by mistake .... no?
On the competition, Jobs said he isn't worried. "We're not done. We're working on a lot of things for the future." He added: "We're out to win this one."
Wow. He sounds like he is meaning business now!! This is the first time that I've heard Steve say that he wanted to win, not just to be the best. I love it.
Wow. He sounds like he is meaning business now!! This is the first time that I've heard Steve say that he wanted to win, not just to be the best. I love it.
How do you define win? They are the 2nd largest company in the world and well past the 2nd largest company in their category, and likely be the largest company in the world within a year. They are likely the highest revenue gainer for their category. They will likely become the highest profit gainer in their category within the year.
If we?re talking about ?PC?s (and not including the iPad) then Apple has already won here in terms of profit by a large margin. No other PC marker comes close to Apple who takes ⅓ of the entire market?s profits. If you we?re talking Mac HW compared to Windows OS (which makes no sense at all) then they won?t ever win that unless MS only installs Windows on their PCs forcing all other PC makers to do the same or if Apple destroys their PC business by licensing Mac OS.
I thought this was one of the most interesting points. He does seem to imply they're saving a lot of money and he has been eyeing some other giant company. I doubt it's Microsoft, but it looks like one day they will try to buy up someone big.
Microsoft?
Adobe?
Oracle?
HP?
RIM?
Intel?
AMD?
Qualcomm?
who knows
From the list:
Adbe yes
Msft maybe tomorrow
Amd maybe
And maybe they go back to producing and not just outsourcing, maybe slr or jbl or something like fox conn
Wow. He sounds like he is meaning business now!! This is the first time that I've heard Steve say that he wanted to win, not just to be the best. I love it.
by saying he wants to win, not just be the best, Steve J is saying that he will be watching market share, not just profits. He isn't going to let the iPhone and iPad become what the mac was, a PC with a small market share but profitable. He wants both market share and profits (by keeping costs low and delivering insanely great product experiences.) With that, he is telling M$ not to bother throwing away $400 million in advertising with the W7.
How do you define win? They are the 2nd largest company in the world and well past the 2nd largest company in their category, and likely be the largest company in the world within a year. They are likely the highest revenue gainer for their category. They will likely become the highest profit gainer in their category within the year.
If we?re talking about ?PC?s (and not including the iPad) then Apple has already won here in terms of profit by a large margin. No other PC marker comes close to Apple who takes ⅓ of the entire market?s profits. If you we?re talking Mac HW compared to Windows OS (which makes no sense at all) then they won?t ever win that unless MS only installs Windows on their PCs forcing all other PC makers to do the same or if Apple destroys their PC business by licensing Mac OS.
They R not the second company of the world, just the second "most valued" ...
Or at least a 10" one without the stupid side bezels so someone can actually type on it.
Steve Jobs is far from perfect in terms of "seeing the future" of tech and has been forced to make quite a few complete turnarounds in his thinking by the realities of the market over the last few years. Thinking that the iPad is a usable portable computer for any kind of serious work is one of them.
He's just wrong about this, but I guess we are the ones that will suffer until he figures it out.
The new "Teckstud" I see...
Apparently that performance wasn't enough for the investment community; aapl down ~6% in after-hours trading. maybe they can get a government bail out....
Just typical behavior from the idiot investing community.
Apple blew out their own guidance and also blew out the projections of every single analyst - including the most bearish ones. And the stock falls 6%.
Idiots. What did they expect - Apple to announce a cure for cancer or something?
I thought this was one of the most interesting points. He does seem to imply they're saving a lot of money and he has been eyeing some other giant company. I doubt it's Microsoft, but it looks like one day they will try to buy up someone big.
Microsoft?
Adobe?
Oracle?
HP?
RIM?
Intel?
AMD?
Qualcomm?
who knows
Microsoft? Are you kidding?
Adobe? Only if they go nuclear and stop producing Mac software (which is financial suicide anyway)
Oracle? Nahh, Steve and Larry are friends and Steve doesn't want Oracle's business
HP? Steve doesn't care for HP but still doesn't want their business
RIM? Please. Never buy someone on the way down.
Intel? Too expensive and fraught with anti-trust problems. And Steve doesn't want their business either.
AMD? Unnecessary. What do they have that Apple needs...I mean, really?
Qualcomm? Maybe. Apple could easily write that check. The problem is that Apple would have to be faced with being in the cell phone chip business to their competitors (you don't really want to kill $10b in annual revenue). Lots of anti-trust issues too.
BIGGEST NOTE FROM CALL:
Steve Jobs delivers a long, lengthy rant speaking frankly (albiet from a well written script) about a number of issues that must have been weighing on his mind.
I think the biggest note from the call was when he was questioned about what they are going to do with the $50 billion USD cash they have in the bank (plus an additional $5 billion or so every quarter going forward). In response, Jobs said they think they have "one or two opportunities" that they are waiting for.
What is Apple planning to do with its $50 billion? What are the "one or two opportunities"?
Most interesting to me is that as usual after their blow out quarterly reports, Apple's stock has again plummeted - over 6% in after hours trading so far! Anyone in the financial community care to explain why?
The stock had risen a lot before the earnings were announced. Investors then wait and see if anything unexpected happens. In this case earnings were pretty much as expected: slightly above projections. So, sell the stock and take profits.
Most interesting to me is that as usual after their blow out quarterly reports, Apple's stock has again plummeted - over 6% in after hours trading so far! Anyone in the financial community care to explain why?
The stock had risen a lot before the earnings were announced. Investors then wait and see if anything unexpected happens. In this case earnings were pretty much as expected: slightly above projections. So, sell the stock and take profits.
Not to toot my own horn, and fully recognizing that it is very easy to sound smart after-the-fact, see http://forums.appleinsider.com/showt...55#post1735155.
I think the biggest note from the call was when he was questioned about what they are going to do with the $50 billion USD cash they have in the bank (plus an additional $5 billion or so every quarter going forward). In response, Jobs said they think they have "one or two opportunities" that they are waiting for.
What is Apple planning to do with its $50 billion? What are the "one or two opportunities"?
This is a very astute observation.
My small prediction? Major greenfield investments in the 'cloud', here in the US, so as to avoid all sorts of cross-border issues (therefore making it more expensive) combined with the purchase of a company such as Dropbox.
But that will still leave tens of billions of dollars in the bank.
Don't know after that......
Jobs was asked by Gene Munster of Piper Jaffray about Adobe Flash. The CEO quipped back: "Flash memory? We love flash memory."
classic!
I would imagine any touch screen device NEEDS a bezel around the perimeter so you can hold it without your thumbs activating something on the screen, by mistake .... no?
It's not obvious for him because he doesn't own nor has he ever used an iPad for any amount of time