sacto joe
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Apple's first iPhone was also the first to realize the potential of the smartphone
gatorguy said:anantksundaram said:muthuk_vanalingam said:gmgravytrain said:GeorgeBMac said:To be honest, my experience was quite different:
When the iPhone came out I had been using a Samsung smart phone for years. Actually, it was two devices in one: a phone and a Palm OS based PDA...
The major difference between it and the iPhone was the keyboard. The physical keyboard was easier to use -- but then it restricted the screen size to less than half of what it could be -- so it was a mixed blessing.
And, to be honest, the Palm OS PDA seemed to me to be more functional than anything on the iPhone: As a tech manager it kept track of everything I needed it to keep track of and did it very well. Then, later as I transitioned into healthcare, it stored medical reference books that I needed quick access to...
But, as time went on the Palm OS went into decline while Apple continued to improve the iPhone. And eventually I transitioned to iPhone...
You might wish to brush up on some of the history, especially the role that Schmidt played (with his being on Apple's board, his subsequent firing), Andy Rubin, the Apple-Samsung legal saga, etc.
... and FWIW Alphabet still has an employee on Apple's board, but no one seems too terribly concerned about it.
But what's new, eh? Windows was also a direct rip-off of Apple's OS. Not hard to do since Microsoft literally got it's start writing Word and Excel for the Macintosh long before they ported them over to Windows.
So yeah, many of us have nothing but disdain for Google. I personally have a bit less disdain for Microsoft these days since they at least made an effort to create their own OS from scratch this time around.
Back to lurking.... -
Apple Inc. gears up to distribute $3.2 billion in dividends to shareholders
As Braeburn Group founder Robert Paul Leitao said recently on PED30.com:
"As of the end of the June quarter, Apple has repurchased 17.55% of the fully diluted share count from the peak in Q4 FY2012. In less than four years the company has removed a net 1.165 billion shares from the count inclusive of new shares that have been issued to employees under the stock-based compensation plan."
He also said:
"At today’s closing price, Apple’s dividend yield is about 2.15% representing a higher yield for shareholders than Apple can achieve, on average, with its massive cash and equivalents balances. Consequently, each dollar “saved” on dividends through repurchases provides a greater return to long-term shareholders than what might be achieved at this time on an equal sum. Apple has chosen to borrow funds as a means to facilitate a portion of the repurchases and forestall the need to repatriate foreign-sourced earnings for the same purpose. Borrowing rates are at historically low levels. The return on Apple’s cash and equivalents, which in sum remain much larger than the amounts borrowed, may cover the cost of all interest as well as the principal payments that are due over time...the dividend per share won’t remain static and the dividends “saved” on each repurchased share will increase each year and the cash saved each year on dividends on the repurchased shares will continue pretty much in perpetuity."
I'd also note that the trading volume since Apple started buying back shares has decreased dramatically. Apple is drying up the pool available for ready trade. Supply and demand are linked, and the supply is decreasing rapidly. It's a no-brainer that, as long as Apple continues to reap this kind of net income, demand is going to drive the price of AAPL higher and higher.
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This year's 'iPhone 7' will lack major design changes as Apple awaits improved technology - report
Wrong, wrong, wrong!
Katy Huberty just put the lie to this crappy rumor.
http://ped30.com/2016/06/21/apple-huberty-calls-bs/
What's with AppleInsider all of a sudden? This is just click-bait. Or maybe the WSJ is now helping pay your bills?
At least report the alternative POV.
SHEESH! -
Beijing patent ruling unlikely to hurt Apple in China, RBC & Piper Jaffray say
PED lists Apple's response (Why didn't you, AppleInsider???):
http://ped30.com/2016/06/17/apple-beijing-iphone-halt-patent/Apple: Reports of Beijing iPhone sales ban are bogus
From Apple PR:
“The reports aren’t accurate. Here’s our comment: iPhone 6 and iPhone 6 Plus as well as iPhone 6s, iPhone 6s Plus and iPhone SE models are all available for sale today in China. We appealed an administrative order from a regional patent tribunal in Beijing last month and as a result the order has been stayed pending review by the Beijing IP Court.”
Also, as zzbar on Braeburn Group said:
“I’m sure it’s pure coincidence that on this quadruple witching day, a month-old story just happen to surfaced on two major financial media outlet (Bloomberg and wsj). What are the odds that some guy sent wsj and bbg the link to Beijing IP bureau’s web statement dated May 19, 2016?”
Here's a recent article on quadruple witching day:
http://www.nasdaq.com/article/quadruple-witching-what-it-is-and-why-you-should-know-this-cm636995
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Shipping delays continue to dog Apple's 4" iPhone SE
pscooter63 said:
If you're talking about the chamfered, polished edges on the 5/5S... you do realize they dispensed with those on the SE, right?sacto joe said:
The highly milled edges of the aluminum housing. As an ex-CNC machinist, I can guarantee you that you can't make those edges quickly.Note that the 6 series doesn't have milled edges, and hence is far easier to ramp up production on.
BTW, I think the 5 series was one of the most beautiful iPhones ever produced. Just a shame that it's so hard to make....