Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Nov 3, 2016 2:55:00 GMT -8
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Post by dmiller on Nov 3, 2016 4:55:20 GMT -8
Nearly 9 of every 10 smartphones use Android; but Apple makes >90% of the profit with its slightly more than 10% share of the market.
Could be closer to or even > 100% thanks to Samsung's faceplant on the Galaxy Note 7, since their profit for the quarter "evaporated" (smoothly?)
Or another way to look at it is, the glut of Android phones in the market, 90% of the market, aren't making any money or are losing it.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Nov 3, 2016 5:22:45 GMT -8
As long as Android is around, chances of Apple's practices being successfully scrutinized as monopolistic is nil. It doesn't matter how much money Android vendors don't make.
Got that Australian Banks?
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Post by Apple II+ on Nov 3, 2016 5:33:55 GMT -8
Congrats, Cubbies and Cub fans!
For decades now, the way I feel about Apple is the way I feel about the Cubs.
"Wait 'til next year!" still has a nice ring to it!
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Post by tuffett on Nov 3, 2016 6:05:32 GMT -8
Nearly 9 of every 10 smartphones use Android; but Apple makes >90% of the profit with its slightly more than 10% share of the market. Could be closer to or even > 100% thanks to Samsung's faceplant on the Galaxy Note 7, since their profit for the quarter "evaporated" (smoothly?) Or another way to look at it is, the glut of Android phones in the market, 90% of the market, aren't making any money or are losing it. This is great for Apple as long as cheap Android phones don't cause the entire profit pie to shrink. That's my main concern. 50% of $100B is a lot better than 100% of $10B (just an example).
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bud777
fire starter
Posts: 1,353
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Post by bud777 on Nov 3, 2016 6:25:48 GMT -8
90% is great news. That means that Apple can grow it's iPhone business 10 fold even if no one else ever decides to see what these smart phones are all about. Given the success of the SE, it is clear that Apple can grab as much marketshare as it wants whenever it wants simply by lowering prices. Google serves a valuable function by moving feature phone users to smartphones. I think that as services revenue grows, it will be a natural transition for Apple to maximize profit by lowering the cost of the hardware, but I trust them to know how to balance marketshare and price to maximize profit. So far, I'd say they are doing a pretty good job.
The only danger with this approach is that users get trapped in the Android world. I don't think this is really a problem. When I tossed my PC in favor of an iMac, the transition was painless given the excellent software Apple developed to map from Windows to OS X. I think the same could be done for Android. Backup your Android, it gets remapped in the cloud, and restore to your iPhone.
I first bought Apple in 2004 because I thought that their 3% market share in PC's could double to 6%. This 10% news is meaningless without the context of the growth of the overall market. Keep in mind that Apple sells everything it can make.
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Post by archibaldtuttle on Nov 3, 2016 9:23:00 GMT -8
Extremely oversold on RSI measurements. Let's see if we go any lower...
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Post by mrentropy on Nov 3, 2016 9:23:22 GMT -8
Any of our ew friends want to share some levels?
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Post by tuffett on Nov 3, 2016 10:03:09 GMT -8
Keep in mind that Apple sells everything it can make. I agree with most of your post but please do not keep perpetuating this myth. It is patently false for all but a small portion of the year soon after a product launch. It's almost always a result of misforecasting and almost never lasts much more than a quarter. Do you mean to say that if iPhone demand doubled to 400MM units a year that Apple wouldn't find a way to make them and meet that demand? Pretty sure Apple could have made a lot more iPhone 6s units if the demand was there for them.
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Post by electrobuzz on Nov 3, 2016 11:48:25 GMT -8
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Post by mace on Nov 3, 2016 14:16:51 GMT -8
Any of our ew friends want to share some levels? End of wave-4 is $102 Up-trend line break today Either $108 or $102/ 200-day SMA.
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