drewys808

About

Username
drewys808
Joined
Visits
31
Last Active
Roles
member
Points
219
Badges
1
Posts
549

Reactions

111Like0Dislike4Informative

  • Apple's Cook, Maestri bullish on short- and long-term iPhone SE impact

    drewys808drewys808

    toddzrx said:
    AppleInsider said:

    Apple CFO Luca Maestri addressed cannibalization issues on the call, dismissing any concerns about the loss of higher-end iPhone sales. "We see a higher rate of previous iPhone owners that really prefer the 4-inch form factor," he said. "We have not seen clear evidence of cannibalization from iPhone 6s or 6s Plus.
    Why would it?

    If I were Apple, I'd be more worried that pre-6 and 6S customers are choosing the SE over this fall's release.  The SE isn't cannibalizing 6/6S purchases, but it's most likely eating into iPhone 7 (or 6SE if you prefer) sales.

    I still think we'll see 3 screen sizes in the 2017 iPhone due to the current SE's success.
    I think in context, the CFO was dismissing concern.

    That doesn't mean there is no cannibalization but that there is little to show any material effect:
    - whether or not previous iPhone users may have switched to Android for a 4-inch form factor (if SE was not offered) is hard to be proven.
    - the number of sales lost to SE that would have otherwise been to 6s/6s+ is hard to determine.
    And the net effect of those 2 factors/results is anyone's guess.

    The only data he did share is that of previous iPhone owners... there seems to be higher rate that prefer the 4" form factor...jibberish?

    Now...whether SE will cannibalize the 7 is to be seen.
    But I say it's not a concern as the 7 is technically/feature-wise a completely different product.

  • Wall Street adjusts Apple expectations after Tim Cook 'rips the Band-Aid off'

    drewys808drewys808
    apple iigs said:
    Tim Cook so far has pandered to wall street and its disgusting. Lets see. All those stock buybacks all those dividends. Precisely because Tim Cook hopes it will help the stock. Having lunch with Carl Ichan. Trying to position Apple as something it isn't. Get rid of this fool as CEO. I am tired of his kissing wall street. All of this and the company has lost a couple of hundred billion in value. Good job. So lets see has this helped the stock? Hell NO.
    Nope, wrong. Nothing to do with pandering.

    It was wise use of cash: to return value back to shareholders and to invest back into the company. Could part of the reason be to prop up share prices?....possibly, but that was a tertiary reason at best.