- Last Active
Simply astonishing numbers.$1 billion per day in revenue… for a full year… during a global pandemic
… that's hindered global manufacturing
… during a global pandemic
… and hit global supply chains hard… during a global pandemic
… and during a shortage of silicon… during a global pandemic
… while pushing the frontiers of SoC design
… during a global pandemic
… while substantially switching the Mac product line… during a global pandemic
Apple has about 1,000,000,000 credit cards on file. If on average, everyone spends $1 per day, that's $1 billion per day or $365 billion per year. The formula has scaled for at least 10 years now.Buck-A-Day business plan.AAPL long.Happily AAPL long.
Many of the posters here seem to think that Apple is punishing small producers and craft shops selling low quantities of products. The companies affected are well established third party vendors that spent months or years getting into the Apple Store. They know there's a price to pay for the exposure on Apple's shelves, virtual or digital. Once the 15 - 30 day payable changes are made, the flow of cash will return to normal.FTR I was an Apple dealer for years. We bought and owned our inventory through distributors that included their markup. Most big box vendors that we competed with were essentially consignment shops buying direct from manufacturers at a lower cost than us and other dealers. It sucks but you work your own competitive advantage, which, for years, was our product knowledge and customer service.
An infant in a pool is hardly pornographic and certainly not "sexual exploitation". Blind Faith's cover photo on their eponymous 1969 album is far more sexual and far more exploitative by any possible measure. Yet the 'victim' Mariora Goschen, who was paid a measly £40, is quoted in the linked article as saying "… when people tell me they can remember what they were doing when they first saw the cover, and the effect it had on them, I’m thrilled to bits.”
Where was this sense of deep and profound concern for end users (or milquetoast consumers as everyone seems to continually want to label us) in the 90s and 2000s when Microsoft was dominant around the world and were screwing both their partners and competitors? Other than the US DOJ's lacklustre anti-trust investigations that resulted in virtually no remedies, all we heard globally were crickets.For you kids out there, this quotation best sums up Microsoft from that era.
History reveals that partnering with Microsoft is like accepting a dinner invitation from Hannibal Lecter. One might as well just roll in seasonings and jump in the oven.
- Daniel Eran Dilger
You talk. Apple walks.It's always been thus.The PPE and MBE platforms from VW Group makes a lot more sense to me.