gregg thurman

nunzy said:

China is a big country. But you need a certain average income to afford Apple products.

Some Chinese people can afford Apple, but not all.

I'm not interested in what the "average" Chinese can afford.  I'm interested in iPhone's market share among those that can afford it.

In a country of about 1.2 Billion, I suspect the percentage of China's population that can afford an iPhone (starting price USD399) is ~15%.  That means an addressable market of ~180,000,000 (about 2X the US addressable market), with 9% able to afford the latest model (addressable market ~100,000,000).  So what's iPhone share in these segments?

When discussing iPhone share, analysts and the media neglect to point out that Apple doesn't make, nor is it interested in the commodity (under USD400) market.  And as the article pointed out, only the largest (translation: most profitable) will survive in a saturated market.  By most profitable, I'm referring to more than handsets.  I'm referring to other products Chinese handset buyers are likely to buy from the same manufacturer.  Currently, none of the top Chinese handset makers have a viable ecosystem to lock customers into, certainly, they don't have the hardware/services ecosystem that Apple does.

mike54 said:

The cheapest iPhone X in this country is $1580 (the other is $1830 !) which is very expensive. It is not selling nowhere near as well as they hoped.
It's a nice phone alright, but its priced left-right-out and unless people have excess money, its a no go as there is the cheaper iPhone 8 option which starts from $1080 here ( 4.7in, although it only has 2gb ram as opposed to 3gb).

Where is here and how much is your VAT?

foggyhill said:

All I see here is 7 days till they announce results and trying to drop the stock.

Yet, they're so "desperate" that there is no change in pricing... Pure shit at all levels.

Want to see desperate, look at the S9's price right now.

Seems to me there is an alternation for an overstock of Samsung OLED displays. 

What if, and this is more consistent with Tim Cook’s comments during Apple’s last earnings conference call, Samsung’s overstock situation was caused by iPhone X selling SO WELL, that Galaxy sales went way down?

Consider that iPhone ASP could not increase by nearly $100 without very strong sales of the iPhone X.  It’s mathmatically impossible to have one without the other. 

i think this narrative is much more likely than those being regurgitated every day by a media, purporting to be knowledgeable, that in reality hasn’t a clue about iPhone X unit sales.  

seanismorris said:

Cook “must go” I can contemplate that...

Next question “who’s better”?

I got nothing...

Critics of Cook are demonstrably stupid. 

gmgravytrain said:

nunzy said:

These analysts just hate Apple.  They will spin and spin to try to hurt Apple.

You don't see Amazon standing still and always relying on a single source of revenue.

Without the very large profits generated by Amazon's AWS unit, Amazon would be unprofitable.