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Given that:(1) Only Chinese sales are missing the forecast, not the rest of the world,(2) iPhone pricing is similar around the world(3) Apple explicitly is aiming at making its iPhones last longer(4) The Chinese economy is slowing rapidlyand(5) Trade-related hostilities are boiling between the U.S. and ChinaI conclude that ...... this is not an iPhone pricing issue nor an iPhone lifecycle issue. It IS a China issue, both their economy and the incipient trade war.
Mike Wuerthele said:LoneStar88 said:More of the obligatory negative references to our President. Nothing but surmise, and totally uncalled for. And nothing like continually dredging up old news to try to prop up the propaganda mill. Good job, AI.
This is a new initiative, and obviously NOTHING has been determined yet as to what will be implemented or what any company's specific involvement will be.
But cheap politics certainly don't have to be a factor in any contracts written.
I'd say both Trump and Cook are pragmatists, so this is Cook's chance to sell his products/services/computing philosophies, etc. to the federal government, whose money is just as good as anyone's. And what about IBM's likely involvement as an important Apple enterprise partner. This could be a choice opportunity for Apple.
Major contracts would also mean jobs creation—right here in River City (USA)!
You liberals need to get off the pity pot and get with the program, if not fully on the Trump Train, because America WILL be great again with our without your help.Also, speaking as somebody from inside the beltway, this will generate exactly zero new jobs -- and I have no problem with that. Federal IT sourcing and contracting is brutally inefficient, and if any efficiency can be eked out that's good, but will literally cost hundreds if not thousands of contractors their jobs.
apple ][ said:
These long, poorly written articles full of bitterness, that praise Apple to the heavens, while jousting against imaginary critics are tiresome, unfair, and uninteresting once you realize how biased they are. Please stop. Someone knock that chip off Daniel's shoulder so he can write properly.
tallest skil said:It’ll never come to production.
frac said:mdriftmeyer said:9secondkox2 said:And Steve Jobs attended Obamas meeting with all the tech companies. No explanation necessary.
"I've never found being on the sideline a successful place to be. The way that you influence these issues is to be in the arena. So whether it's in this country, or the European Union, or in China or South America, we engage. And we engage when we agree and we engage when we disagree. I think it's very important to do that because you don't change things by just yelling. You change things by showing everyone why your way is the best. In many ways, it's a debate of ideas."
Deplorable to think otherwise.
blastdoor said:It is a huge deal that Apple is showing an ability to grow revenue from something other than the iPhone.
In the short term, though, the stock seems a bit pricey. Since 2007, I've had the impression that when the P/E goes above 17, AAPL is likely due for a correction. Currently, the P/E is almost 21.
On the other hand... one reason Wall Street might have been skeptical about AAPL in the past was a concern that they were too dependent on one product. Perhaps if Apple can show revenue+profit growth across multiple products, Wall Street might tolerate a higher P/E.
Still, I suspect that between now and the middle of next year AAPL will experience a noticeable downturn. I'm just not sure when.
JWSC said:I’m waiting for the ‘innumerati’ to chime in on how share buybacks are like throwing money in the fireplace. 😆