gmgravytrain

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gmgravytrain
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  • Lens maker Sony doesn't expect high demand for the iPhone 15

    gmgravytraingmgravytrain
    In a recent earnings report, Apple warned of weak iPhone sales for the remainder of the year, so this news isn't unexpected.  I'm surprised Apple hasn't sold off further.  Shareholders absolutely hate hearing that sort of news.  They seem to think that no matter how bad the economy is, a company should manage to sell as many products as when the economy is strong.  I suppose they'll just have to find a company that isn't affected by the economic downturn.  I'm sure there are a few out there.  Apple is too dependent upon consumers and should be attempting to get more sales from enterprise companies.
    mayflywilliamlondonwatto_cobra

  • Institutions still underweight on AAPL despite strong 2020 growth, analyst says

    gmgravytraingmgravytrain
    Apple is still mainly known for selling iPhones, so I think big investors believe the smartphone market has little to no growth left.  Apple continues to burn money on buybacks and doing that doesn't help revenue or profits.  Imagine if Apple put $80B into purchasing streaming video content for Apple+.  Apple would easily be a bigger streaming powerhouse than Netflix.  Someone at Apple has decided that share buybacks are what investors want.  I wonder if that's really the case.
    elijahg

  • 'Apple Car' project loses original project manager Benjamin Lyon

    gmgravytraingmgravytrain
    The dude probably got tired of waiting around to see an actual car be produced by Apple.  I realize a company shouldn't rush products but Apple seems to take a long time to complete a product.  I'm not saying it's bad, I'm just saying Apple should be able to move a bit faster as they have plenty of cash and resources, at least more than most companies.  Oh, well, it's a car and Apple certainly isn't an automaker.  Apple may have bitten off more than it can chew.  Apple is going to need a very good partner for this EV venture.
    elijahg

  • Apple TV+ has 'no excuse' for lagging growth, says Netflix co-founder

    gmgravytraingmgravytrain
    AppleTV+ simply doesn't have enough good content.  It doesn't take a genius to figure that out.  Apple should follow/copy Netflix's business model and get the same type of content Netflix gets.  Apple can afford it and they have enough active devices to tempt people to use AppleTV+ instead of Netflix.

    Apple keeps spending money on share buybacks when it could be using some of that money to purchase a major movie studio, purchase older TV and movie content, purchase foreign TV and movie content or create their own content (which will certainly take time).  When a company has as much money as Apple has, it has a host of options it can choose from.  Maybe AppleTV+ just needs more time.  There's no way it can compete with Disney+ which has loads of great content.  Apple had the chance to get all of the James Bond movies but didn't go after them.  Too bad.  I think I even have all of the 007 movies in my personal Plex library.  I wish Apple the best of luck over the next year or so and maybe they'll learn what it takes to get subscribers.  It shouldn't be that hard to do when all they have to do is scan Netflix's or Disney's back catalogs to see what they're up against.

    Wall Street analysts keep saying that AppleTV+ sucks and streaming subscriber market share is everything.  Apple apparently needs to improve on those points.  I have Amazon Prime Video so that's what I watch and I don't have time to watch much more, especially once the weather gets warm and I'm outside enjoying the fresh air and open space all day long.
    muthuk_vanalingamchemengin1

  • Apple could be Tesla's biggest threat, analyst says

    gmgravytraingmgravytrain
    That's so ridiculous thinking Apple will be a threat to Tesla.  Elon Musk is practically a living god when it comes to EV.  He has a huge following of hard-core believers.  Wall Street swears that whatever he does will turn into a huge success.  He's already the world's richest person and he'll be worth far more by the time Apple sees the first sale of an AppleCar.  If Elon Musk decided to tweet that Apple computers are junk, he could drive down Apple's share price.  That's the kind of power he has.  He buys BitCoin, so they say Apple should buy BitCoin.  Elon Musk can do anything he wants.  Tim Cook can't do that.

    AppleCar won't be ready for four more years and you've got these people talking about how Tesla is going to fear Apple.  Sure, the AppleCar may offer some competition, but Tesla will surely be worth over $1T by 2025 and is already the world's most valuable automaker by a huge margin.  AppleCar's impact on Tesla will be like a flea biting an elephant.  I wish they would stop talking about AppleCar as if it were an actual product.  Currently, it's basically some sort of a vague concept.  Can't they talk about what Apple has going for it now and not something that's years away?  AppleCar could end up like the original HomePod or that AirPower charger.  Let's see an actual, running AppleCar before saying Elon Musk will be trembling with fear.  Right now, he's laughing at Apple for not even being able to find a credible partner to build this Telsa-killer EV.  For the price of one Tesla Model S Plaid Plus at $140,000, Apple has to sell 140 base iPhone 12 Pro Max units to equal that price.  Apple should be valued for what it has and not for some future pie-in-the-sky product.  The only "wheels" Apple has now are the one's that can be installed on a Mac Pro.
    JWSCpatchythepirate