saarek
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First Apple Silicon M3 Mac releases rumored for October launch
I wonder why Apple did not bother refreshing with the M2 SoC. I’d have bought one had they done so.
My kids need a computer for school work and light games, but I don’t want to get shafted with older tech for the original RRP.
I’d hoped Apple would have stopped leaving models to languish for no discernible reason once they’d ditched Intel.
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Apple is the world's biggest company at $3 trillion -- again
If by laying it out for me you’re referring to the incorrect information they supplied that simply plays out a view point you want to be correct, well then yes, I suppose they did.Xed said:
Chasm laid it out nicely for you. But way to double down on your ignorance—that takes talent.saarek said:
1 - 2: Ah bless you. Calling out someone’s mathematics ability without having your own basic sums in place. The increase was 25-31%, dependent on the plan and country in question. Ergo the “about a third” comment.chasm said:
1. It went up by 20 percent, not a third. If you’re this bad at basic math, I cannot imagine why a story about financials would draw a comment from you.saarek said:Just in time for them to hike iCould rates in multiple countries by about a third.
Their greed knows no bounds.2. These are adjustments to cover currency fluctuations, not punitive price increases. The UK got hit pretty hard because it committed financial suicide a few years back, and that very dumb decision is coming back to bite them. Apple doesn’t micro-adjust prices, it makes broad moves for where it predicts the currency will go going forward. Bad news for the countries affected.3. Their valuation isn’t set by them, its the consensus worth of the company and its assets and prospects set by investors and the financial community. It’s not the amount of money they have, nor an indication of “greed.”You really should not have slept through those college courses on economics. This is very very basic stuff you don’t appear to know.Apple priced in the lower sterling to dollar ratio after Brexit, it’s held steady around $1.28 to the £ for months now so this has nothing to do with currency fluctuations, expected or otherwise.
3: I never claimed that Apple controlled their valuation, do keep up dear. No, what I said was that the valuation announcement ironically coincided with their price gouging, aka greed, over iCloud.
Hopefully it’s all cleared up for you now. I know that sometimes it can be hard to read a negative comment about Apple.
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Apple is the world's biggest company at $3 trillion -- again
That’s all well and good, except for the fact that most of the EU has not had a price rise despite having the same higher energy costs.davidw said:
Maybe you don't realize but Apple buys nearly all of the cloud storage that their customers uses, from Google and Amazon (and maybe still some from Microsoft.) Apple is only in the "cloud" service business mainly for the convenience of their own customers. Apple own servers farms are primarily for their own internal business uses. Like Apple TV+, iTunes, Apple Music, Arcade, Apple Pay, rolling out software updates, etc.. Because Apple have to pay Amazon and Google for iCloud storage, Apple can not be as cheap as what Google, Microsoft and Amazon charges their customers. So Apple also takes the hit when Google and Amazon raise their prices for cloud storage, due to their own rising cost. I can guarantee you that no AAPL investors are buying more AAPL because Apple must be making a killing, by raising the cost of iCloud storage (in certain countries.).saarek said:
You’re right, I’d not realised that inflation was running at 33%… oh wait, it isn’t. Perhaps that’s not it.Xed said:
So at what point should a company lose money due to inflation so that you can be happy?saarek said:Just in time for them to hike iCould rates in multiple countries by about a third.
Their greed knows no bounds.
Maybe the currency has significantly weakened vs the dollar since the last price rise? No, actually, it’s improved.
Hmmm, so. Inflation is out. Currency fluctuation is out, what does that leave us? Oh, yes. Greed.
https://appleinsider.com/articles/21/06/29/apple-is-now-googles-largest-corporate-customer-for-cloud-storage
https://www.turningcloud.com/blog/apple-uses-aws/
List of the top 10 cloud service providers. Amazon, Microsoft and Google controls over 65% of the cloud service market. Apple don't even make the top ten, even with over 1.5B iPhones customers.
https://dgtlinfra.com/top-10-cloud-service-providers-2022/
https://technologymagazine.com/top10/top-10-biggest-cloud-providers-in-the-world-in-2023
You need to start thinking outside the box. (Or as Apple put it .... think different). What is the one re-occurring cost in running a cloud server farm that have risen dramatically in Europe recently? It's not the cost of the servers or taxes or the cost of labor, but the cost of electricity. And can you think of what recent event that might have caused the cost of electricity in Europe to almost double in some countries and at the least to increase by over 30% in most?
Here's a hint in case you want to use one of your "lifelines" ...... (from the game show "Who Wants to be a Millionaire").
https://cepr.org/voxeu/columns/impact-war-ukraine-energy-prices-consequences-firms-financial-performance
Also, the internet is a wonderful thing. It’s funny how an iPhone in the U.K. could access data on a cloud server in the USA, or anywhere else for that matter. Amazon and others, will have data storage sites all over the world. -
Apple is the world's biggest company at $3 trillion -- again
1 - 2: Ah bless you. Calling out someone’s mathematics ability without having your own basic sums in place. The increase was 25-31%, dependent on the plan and country in question. Ergo the “about a third” comment.chasm said:
1. It went up by 20 percent, not a third. If you’re this bad at basic math, I cannot imagine why a story about financials would draw a comment from you.saarek said:Just in time for them to hike iCould rates in multiple countries by about a third.
Their greed knows no bounds.2. These are adjustments to cover currency fluctuations, not punitive price increases. The UK got hit pretty hard because it committed financial suicide a few years back, and that very dumb decision is coming back to bite them. Apple doesn’t micro-adjust prices, it makes broad moves for where it predicts the currency will go going forward. Bad news for the countries affected.3. Their valuation isn’t set by them, its the consensus worth of the company and its assets and prospects set by investors and the financial community. It’s not the amount of money they have, nor an indication of “greed.”You really should not have slept through those college courses on economics. This is very very basic stuff you don’t appear to know.Apple priced in the lower sterling to dollar ratio after Brexit, it’s held steady around $1.28 to the £ for months now so this has nothing to do with currency fluctuations, expected or otherwise.
3: I never claimed that Apple controlled their valuation, do keep up dear. No, what I said was that the valuation announcement ironically coincided with their price gouging, aka greed, over iCloud.
Hopefully it’s all cleared up for you now. I know that sometimes it can be hard to read a negative comment about Apple.
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Apple is the world's biggest company at $3 trillion -- again
It’s also amazing how much valuation could drop like a stone based on a market whim or a perceived bit of bad news.Xed said:
Valuation and Gross Domestic Product are not the same thing so you can't make 1:1 comparisons.Mondain said:$3T is quite an obscene amount of money. This is equivalent to the GDP of all Latin American countries.
Eventually, we must draw a line between what one has and how much it is deserved.
