You're absolutely right that I have a personal dislike of Al Gore.
As for the others, I admit to being ignorant as to how company boards work and what their purpose is supposed to be. I don't even know how many times a year Apple's board meets. You'd figure that with all of the money that they're getting paid, they'd at least have to make some sort of effort, but I honestly don't know, and I also don't know if everybody on Apple's board deserves to be there. An Avon lady?
It sure seems like a nice gig, if you can get it. It's like winning the lottery.
You're ignorant of everyone of them. This board is the reason Apple became a success. Ellison was specifically kicked off the board for his lack of competent and impartial guidance, Steve's good friend aside.
Ooh Tim got angry today at one question about considering ROI on all their investments. I'm still trying to picture Tim using the word bloody with his southern accent.
Sounds like the same speech Cook gave at last years annual meeting. He mentions Apple sold more iPads, iPhones, and iPads, than ever before but neglects to mention that growth in these segments has been on a multi-year downward spiral, year-over-year, for the the past two years, after several years of exponential growth. That's why AAPL was valued over 30% higher two years ago.
Cook warned investors who don't like his style to get out of the stock and the moment he opened his trap AAPL slipped from green into red in a up market on yet another record day. Cook brags about a billion FaceTime and iMessage requests but Apple doesn't seem to have a clue how to monetize it or all the other valuable data Apple has access to but doesn't make a cent off.
The only "real" solid good news to come out o this year's meeting is the BRIC growth numbers. Cook bristled with a reply that "we do a lot of things for reasons besides profit motive," because under Cook's management Apple's trajectory has shriveled. We need new product lines and killer apps Tim, not your snarky quips!
Ooh Tim got angry today at one question about considering ROI on all their investments.
Probably the same testy reaction he had towards Icahn.
"As evidenced by the use of "bloody" in his response—the closest thing to public profanity I've ever seen from Mr. Cook–it was clear that he was quite angry."
He's also used "crappy" in the past. Quite the potty mouth. Not quite to Steve's level though:
"VLSI Technology, a chip company, was having trouble delivering enough chips on time. Jobs stormed into a meeting and started shouting that they were “f*cking dickless assholes." The company ended up getting the chips to Apple on time, and its executives made jackets that boasted on the back, “Team FDA.""
I'm sure the more Tim has to deal with the profiteers, his language will become more colorful until they finally get what Apple's about.
Tim Cook getting worked up is a positive sign. He has been doing it more and more in public. I've heard from close friends that he is pretty stern. He's humble but doesn't mess around when it comes to getting things done or when his ethics come into question.
More a quip of late to tell Tesla fans that Apple doesn't spend billions on any single acquisition.
Maintaining close ties to and a synergistic relationship with Tesla is likely to prove far more valuable than a purchase, which I think you're acknowledging. I'm pretty sure that staff are extremely loyal to Elon Musk.
Apple is seen as way too cautious and conservative now. I mean just look at Tim Cook! Google, Amazon and Facebook have all the buzz about innovation. Apple just hoards more cash.
Probably the same testy reaction he had towards Icahn.
"As evidenced by the use of "bloody" in his response—the closest thing to public profanity I've ever seen from Mr. Cook–it was clear that he was quite angry."
He's also used "crappy" in the past. Quite the potty mouth. Not quite to Steve's level though:
"VLSI Technology, a chip company, was having trouble delivering enough chips on time. Jobs stormed into a meeting and started shouting that they were “f*cking dickless assholes." The company ended up getting the chips to Apple on time, and its executives made jackets that boasted on the back, “Team FDA.""
I'm sure the more Tim has to deal with the profiteers, his language will become more colorful until they finally get what Apple's about.
There's something about an American using the word "bloody" that doesn't seem right. Perhaps Jony's accent is rubbing off on Cook.
Apple is seen as way too cautious and conservative now. I mean just look at Tim Cook! Google, Amazon and Facebook have all the buzz about innovation. Apple just hoards more cash.
Oh great. I never knew spending $19 billion was innovative.
Cook warned investors who don't like his style to get out of the stock and the moment he opened his trap AAPL slipped from green into red in a up market on yet another record day. Cook brags about a billion FaceTime and iMessage requests but Apple doesn't seem to have a clue how to monetize it or all the other valuable data Apple has access to but doesn't make a cent off.
You mean aside from monetizing it by selling more and more iOS devices and Macs due to the value added to the Apple ecosystem and user retention? You want them to start shoving ads in your iMessage streams like Google or Facebook? GTFO. Glad you're not running Apple.
I think it speaks volumes about just how far they've come with refining the design in just a few years. It doesn't seem particularly out of line in that context.
Apple is seen as way too cautious and conservative now. I mean just look at Tim Cook! Google, Amazon and Facebook have all the buzz about innovation. Apple just hoards more cash.
Apple is seen as way too cautious and conservative now. I mean just look at Tim Cook! Google, Amazon and Facebook have all the buzz about innovation. Apple just hoards more cash.
ooh Google, Facebook and Amazon have buzz! If only tight wad Tim would spend some of Apple's fortune so they could get buzz too. /s
Did I read that right? Apple made $59billion in profit in 2013. I don't know much about finance, but wouldn't it make sense that if Apple has a market valuation of around $300billion ex-cash that they would get rid of the dividend and use all their profits to buy back 90% of their shares over the next 5-6 years. I don't understand how a company like Apple can trade at forward earnings multiple of 4. Apple will see at least 20% growth over the next 2 years with the release of larger iPhones and new products, yet the market has a 50% decline in profits priced in. I understand the law of large numbers works against Apple, but doesn't the fact that they will profit the entire valuation of their company in 5-7 years effectively mean the company as a whole will be worth a big fat ZERO in 7 years. Maybe I'm reading the numbers wrong.
This is the Apple Investor forum, isn't it? I think a little frustration with the share price is pretty understandable.
2 years ago Apple stock was about $522 a share. Today? $527
2 years ago Amazon was about $160. today? $320
2 years ago Google was $607. Today? $1,215.
Two stocks doubled in value. One stock (for clearly the best compnay) has essentially not changed. Pretty good reason for some frustration. I don't think it is too much to ask for Cook to make some attempt at least to create a little buzz to get the stock moving. We don't invest not to make any money, do we?
Comments
You're absolutely right that I have a personal dislike of Al Gore.
As for the others, I admit to being ignorant as to how company boards work and what their purpose is supposed to be. I don't even know how many times a year Apple's board meets. You'd figure that with all of the money that they're getting paid, they'd at least have to make some sort of effort, but I honestly don't know, and I also don't know if everybody on Apple's board deserves to be there. An Avon lady?
It sure seems like a nice gig, if you can get it. It's like winning the lottery.
You're ignorant of everyone of them. This board is the reason Apple became a success. Ellison was specifically kicked off the board for his lack of competent and impartial guidance, Steve's good friend aside.
This board was hand-picked by Steve, personally.
People who won't do anything for the planet if it costs them a nickle, are the reason our world is turning into a toxic sewer.
Why would anyone be thrilled about Al Gore on the board? WTF does he know about business or technology?
Well, he *did* invent the internet
http://www.macobserver.com/tmo/article/tim-cook-soundly-rejects-politics-of-the-ncppr-suggests-group-sell-apples-s/?cachebuster=53112502e2d98
You really don't know Apple. Please sell.
Probably the same testy reaction he had towards Icahn.
"As evidenced by the use of "bloody" in his response—the closest thing to public profanity I've ever seen from Mr. Cook–it was clear that he was quite angry."
He's also used "crappy" in the past. Quite the potty mouth. Not quite to Steve's level though:
http://www.businessinsider.com/steve-jobs-jerk-2011-10?op=1
"VLSI Technology, a chip company, was having trouble delivering enough chips on time. Jobs stormed into a meeting and started shouting that they were “f*cking dickless assholes." The company ended up getting the chips to Apple on time, and its executives made jackets that boasted on the back, “Team FDA.""
I'm sure the more Tim has to deal with the profiteers, his language will become more colorful until they finally get what Apple's about.
I'm thrilled the same board is intact.
More a quip of late to tell Tesla fans that Apple doesn't spend billions on any single acquisition.
Maintaining close ties to and a synergistic relationship with Tesla is likely to prove far more valuable than a purchase, which I think you're acknowledging. I'm pretty sure that staff are extremely loyal to Elon Musk.
http://www.mercurynews.com/business/ci_25250440/no-fireworks-at-apple-shareholders-meeting
[QUOTE]Some of Cook's comments came off a bit awkward. While he praised the new iPad Air as "really profound," he added that "when we looked at our first iPad, it looked great. But now when we look back at it, we're kind of embarrassed."[/QUOTE]
Oh great. I never knew spending $19 billion was innovative.
Cook warned investors who don't like his style to get out of the stock and the moment he opened his trap AAPL slipped from green into red in a up market on yet another record day. Cook brags about a billion FaceTime and iMessage requests but Apple doesn't seem to have a clue how to monetize it or all the other valuable data Apple has access to but doesn't make a cent off.
You mean aside from monetizing it by selling more and more iOS devices and Macs due to the value added to the Apple ecosystem and user retention? You want them to start shoving ads in your iMessage streams like Google or Facebook? GTFO. Glad you're not running Apple.
I'm surprised this hasn't made more news. Cook saying that Apple is "kind of embarrassed" by the first gen iPad is a pretty eye raising comment.
http://www.mercurynews.com/business/ci_25250440/no-fireworks-at-apple-shareholders-meeting
I think it speaks volumes about just how far they've come with refining the design in just a few years. It doesn't seem particularly out of line in that context.
Apple is seen as way too cautious and conservative now. I mean just look at Tim Cook! Google, Amazon and Facebook have all the buzz about innovation. Apple just hoards more cash.
Forbes.com is that way ------->
What previous middle-end products?
The iPhone 4 and 4s
This is the Apple Investor forum, isn't it? I think a little frustration with the share price is pretty understandable.
2 years ago Apple stock was about $522 a share. Today? $527
2 years ago Amazon was about $160. today? $320
2 years ago Google was $607. Today? $1,215.
Two stocks doubled in value. One stock (for clearly the best compnay) has essentially not changed. Pretty good reason for some frustration. I don't think it is too much to ask for Cook to make some attempt at least to create a little buzz to get the stock moving. We don't invest not to make any money, do we?