Stabitha_Christie
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Apple Vision Pro customers face a 25-minute in-store sales pitch
The critics here seem to have forgotten that the Apple Watch rollout invoked appointments and a walk though as well.Or that Mac, iPad and Apple Watch purchases come with a 30 mins product walk through done virtually.Perhaps they never knew these things, they really don’t come off a particularly bright or informed. -
Apple Vision Pro customers face a 25-minute in-store sales pitch
9secondkox2 said:Anilu_777 said:Sounds like the right way to approach it. You also don’t want a bunch of randoms trying it out just for kicks and potentially braking something. Basically you want serious or just interested parties trying it on.A supervised demo is fine for a fragile device. But a 25 minute speech means something’s wrong.The whole thing is starting to look convolutedEither you didn’t read the article or you didn’t understand it. -
Apple Board of Directors shuffle sees Al Gore & James Bell retire
sevenfeet said:Stabitha_Christie said:entropys said:I miss the days when people weren’t so tribal.
Gore was a few years out of the vice-presidency after the close loss of the 2000 presidential election. Previously he had been a two term senator from the state of Tennessee, a seat his father Al Gore Sr. had originally held. Former presidents and vice presidents usually have a world of opportunity in front of them, being corporate boards, foundations or other pet projects close to them. And he took advantage of a few of them but one stuck out: Apple Computer.
In 2003, Apple had recently been on the brink of bankruptcy in 1997, having lost $1.05 billion and according to history reports, was about 90 days away from filing bankruptcy. During that time the board of directors literally put all their chips on the table and spent $400 million very precious remaining dollars to buy NeXTStep to finally get a modern OS in house and to maybe bring founder Steve Jobs back into the fold. That move (and an investment from Microsoft spearheaded by Jobs) energized long suffering Apple fans with 1998 having less revenue ($5.94B vs 7B) but turned a profit at $309M. By the time Gore joined them, the iMac would be introduced (1998), Mac OS X would debit (2001) and an odd little personal devices called the iPod would hit the market in time for Christmas 2001. And Apple had made a huge gamble by opening their own retail stores. So in 2003, Apple was doing a little better with $6.21B in sales with $69M in earnings, slightly up from the previous year.
Two decades of board decisions later, Apple reported at the end of Q4 2023.....checks notes, $89.5 billion in revenue JUST FOR THE QUARTER. Total revenue for the year was $383 billion with revenue of $97B. Shareholders received $25 billion of that in dividend payments. Market cap is about $3 TRILLION. Easily the most stunning turnaround in the history of business. And Steve Jobs and Tim Cook get much of that credit.
But there are a number of people who contributed to the current state of Apple. And one of them is Al Gore and the Apple Board of Directors for the last 20+ years. Think of all of the board level decisions that had to be made on what major projects were going to be funded (iPod, iPhone, Macs, Watch, wearables and of course, Apple Silicon). But why else is Al Gore there? Former US and world leaders create instant gravitas in a room wherever they go and whomever they speak to. Gore knew the working of government and the law intimately and could help in any decision that involved not only the US government, but especially foreign powers since Apple had already made the decision to move production from Fremont, CA to China. Gore has been all over the world and every world leader knows him, even from his time as a Senator. Having a seasoned and respected political leader in the room can sometimes make the difference as to where you build a factory, open new markets, deal with antitrust issues and any number of decisions.
Regardless of whether your politics dictate if you would have ever voted for him, you have to tip your cap to the success of him being on this board for so long and through so many things, many we saw in the press and a lot more than weren't. -
Apple Board of Directors shuffle sees Al Gore & James Bell retire
9secondkox2 said:Stabitha_Christie said:The Gore haters are hilarious.His defenders far more so. -
Apple Board of Directors shuffle sees Al Gore & James Bell retire