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Demand for iPhone 11 outpacing supply chain expectations
It's alright if you don't feel the need to upgrade. No one should feel obliged to upgrade a smartphone that's still working perfectly. I think it's good you can get a long life out of an iPhone and not feel that Apple is trying to make your iPhone obsolete before its time. Even as an Apple shareholder, I think consumers should get about three year's worth out of their iPhones. Analysts and investors may hate that idea, but they're just being greedy. Apple should find other ways to make revenue instead of simply relying on repeat iPhone sales. Buying an iPhone every year makes no sense at all to me and its just a waste of natural resources unless those iPhones can be passed on to other users. I have always used my Apple products for a long time. That's why I buy them. I'm not interested in having the latest and greatest. I just want a product I can depend upon to do what I need it to do. All my Apple computers easily last longer than 5 years and that's what I expect from them. To hell with the analysts.sirozha said:I live close to a large Apple store located inside to a fancy outdoors shopping / living development. It's basically a multimillionaires' playground where houses start at a couple million dollars and go up, and you can't have a nice lunch for 2 for less than $100. The Apple store is next to the Tesla store, and the streets are filled with fancy boutiques where normal people cannot afford anything. However, the area around is very affluent, so there are always crowds of people shopping in there. Since it's the only Apple store in the 25-mile radius, people of all backgrounds come to the Apple store there.
Back in 2017, I stood in line in front of this Apple store to get an iPhone X for my wife, and there were probably around 80 people or so in line when I got there around 8:00 AM. The Apple store is huge, and there's plenty of room in front of it to camp out for those who are so inclined. Mind you, 2017 was the first year of Apple selling a $1,000+ iPhone. This morning, I was there at 8:00 AM just to see how many people were lined up. There were 20-30 people in line. I wasn't buying anything this time around but simply dropped by the store to get a sense of how many people are rushing to get new iPhones.
So, I don't think there's quite as much interest in the iPhone this time around as it was in 2017, and back then, a lot of people were shocked by the price. I skipped the 2018 release date altogether, so I don't know how today's release compared to the 2018 release at the local Apple store. Seems like iPhone 11 is a decent upgrade from iPhone 6, 6s, 7, and maybe even 8, but Apple's margins on iPhone 11 are much slimmer than they were in the recent past. I don't think many people will be buying iPhone 11 Pro, since next year's iPhones will feature 5g, and most people's phones are good to last another year. My phone is iPhone 7, and I'm completely uninterested in upgrading. In the past, I wanted to upgrade every year, and I did upgrade every two years. This time around, my iPhone 7 is 3 years old, and my wife's iPhone X is 2 years old; neither one of us are interested in the new iPhones.
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Demand for iPhone 11 outpacing supply chain expectations
Negativity for Apple is the norm on the internet. Some people can always find reasons why Apple will fail at some product or service and that's before the product is in consumers' hands or the service has even started. Why is it always easier to assume something will turn out bad for Apple when there's likely a 50/50 chance either way? Besides, Apple has the cash to make things right in the long run, although money can't always make things successful. However, money can always push the odds in Apple's favor. iPhone sales may not be spectacular, but if consumers think the iPhone is decent this year, then there should be solid sales over the yearly iPhone cycle. That's still a good thing, especially in a saturated smartphone market. Apple won't be able to sell many of its relatively expensive iPhones in India and Africa, but there's still the rest of the world willing and able to spend money on high-end smartphones. I'm not going to jump the gun on how iPhone sales will turn out, but I'm going to sit back and watch. Apple no longer reports iPhone sales numbers, so I will be focusing on overall revenue in the next quarterly report. I'm just glad Apple is diversifying its revenue stream with Services.lkrupp said:Once again Apple confounds the pundits and trolls. Will they ever learn? Not likely. After all, negativity is the norm on the Internet.
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Kuo: iPhone 11 & Pro having strong launch, Apple will sell 75M iPhones in 2019
I didn't think sales would be good for the new iPhones because of that China hates Apple thing some people say is going on. I also understand why Chinese consumers prefer buying domestically made smartphones. I figured many consumers in China would avoid buying iPhones just to spite POTUS. Of course, there is also the high price of iPhones which I think will deter many potential purchasers. I never believe it's lack of innovation or lack of features that have cut into iPhone sales. Many analysts are always saying it's not worth upgrading to a newer iPhone due to lack of innovation, but I doubt they even use an iPhone. I think all flagship smartphones are rather awesome so I don't see why some people are so critical about missing features. I would rather have a well-built, long lasting smartphone than just have a lot of what I would consider unnecesary features. That's just my personal opinion. I have nothing against Android smartphones as they certainly have their place in the smartphone market. It's hard to find a $200 iPhone, so if a person can't afford an iPhone they'll have to buy something else. -
Apple becomes trillion-dollar company once again
Let's see how long AAPL is able to hold its value before selling off again. Apple has too many gutless shareholders who quickly dump their stock over any unconfirmed negative rumors. Apple has shareholders who have little confidence in Apple or Tim Cook. Look at how solid MSFT stock is at $1T+. There is very little chance of MSFT stock shedding $450B of value as Apple did. Wall Street loves THE CLOUD and any company that has such a business. Apple should have acquired a cloud business instead of just buying back shares. Apple needs a business Wall Street considers an unlimited growth business. Apple mainly depending upon iPhone sales for consistent revenue is too risky and Wall Street knows the smartphone business is a zero-growth market, at best. Look at Microsoft's high P/E (26) compared to Apple's P/E (19). Apple's P/E definitely shows a lack of big investor confidence. Apple carries the lowest P/E of all major tech companies and much lower compared to any of the FANG companies.
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Editorial: Here's why the 'iPhone 11' will do fine, despite no 5G
5G infrastructure will be quite rare for a year or so. What's the rush to own a 5G smartphone when there are so few 5G cell towers. What's really amusing is how a person can blow through their monthly data cap in just a couple of minutes while using 5G. Although 5G may be useful for many things, it seems rather overkill for a smartphone when it comes to downloading. A person could run out of space rather quickly downloading a season's worth of video content. From the early videos I've seen where people had 5G smartphones, the range of 5G is quite short and the smartphone is usually jumping back and forth between 4G and 5G. That's not something worth having if you're going to pay a premium for it.In another year or two, the infrastructure might be in place, but for now, I don't think to have a 5G smartphone is worth it. I just don't see why some people are making such a big deal out of having 5G 4GLTE is quite speedy. 5G may be a good thing but I don't need it because most of the places I go to always have WiFi and I don't do any financial transactions on public WiFi. I'm sure all the smartphone companies will be shouting about the benefits of their own 5G smartphones but consumers are unlikely to see those advertised 5G speeds unless they're standing under a 5G cell tower. If they walk around the block and a building is between them and the 5G cell tower, the data rate will immediately slow down or the smartphone will drop back to 4G. I'm not saying that's bad. I'm just saying I don't think it's worth owning a 5G smartphone in the U.S. just yet.Tech-heads are always in a rush to get the latest features because they have money to throw away on the latest devices. Most consumers don't feel that way.
