Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Oct 21, 2015 2:37:44 GMT -8
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Post by chasmac on Oct 21, 2015 3:42:24 GMT -8
And of course the dumbasses at Braeburn are pulling watch numbers out of their bums. What's the point?
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Oct 21, 2015 4:27:39 GMT -8
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Post by Red Shirted Ensign on Oct 21, 2015 5:49:07 GMT -8
Watch sales don't move any needle that matters. Tim said the other day the company sold more product in the just concluded quarter than they sold in the launch quarter. Nobody but Apple knows what that number was. Tim also forecast the company will sell more watches this quarter than it sold last quarter. No one but Apple will ever know what either of those numbers are. Since Apple is pushing the channel out to hundreds of Targets and carrier locations, none of this is surprising. Why people want to guess when there is no metric to work from except "more", just muddies the water. Nobody knows nothing.
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Post by sponge on Oct 21, 2015 6:04:52 GMT -8
The reason that Apple Watch numbers are important is because it can help Apple sandbag guidance by up to $2billion.
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Post by Red Shirted Ensign on Oct 21, 2015 6:07:42 GMT -8
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Ted
fire starter
Posts: 882
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Post by Ted on Oct 21, 2015 8:03:18 GMT -8
Wow, nice acceleration today. Up, Jumbo, up!
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Post by archibaldtuttle on Oct 21, 2015 8:25:26 GMT -8
Let's get some short squeeze and panic buying up in here!
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,431
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Post by chinacat on Oct 21, 2015 8:29:27 GMT -8
A very thoughtful review of "Steve Jobs" from Uncle Walt.
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Post by hledgard on Oct 21, 2015 9:46:38 GMT -8
Still want to know the justification for Apple Music. For $10 per month, I believe Apple loses money. I stream Apple Music for hours. Of course I spend more money buying songs I hear on Apple Music.
But why? Is it only not to lose ground to Spotify?
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Post by tuffett on Oct 21, 2015 10:29:37 GMT -8
Because streaming music is the new trend. Fewer and fewer people are buying downloads. Apple could do nothing and watch iTunes die a slow death, or they could cannibalize it themselves as they do to their other products.
I don't know if Apple loses money. 70-something percent goes to the artists, the rest goes to Apple. Should be enough to at least cover their costs but who knows. They certainly aren't making much right now, but if they manage to get up to 100 million users over time it could add up to something.
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