Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Sept 7, 2018 2:40:09 GMT -8
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Post by CdnPhoto on Sept 7, 2018 2:53:07 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Sept 7, 2018 5:38:54 GMT -8
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Post by incorrigible on Sept 7, 2018 9:37:00 GMT -8
Well my iMac shit the bed Wednesday and I had to get another one. Figured I would document the buying experience here as I was less than pleased.
At arrival in the store, I quick looked around at the iMac offerings and decided which one to get. Nothing fancy. 27" 5K display in minimal configuration. I don't do much on it so horsepower isn't an issue for me. Need to 27" display as my eyes suck. Looked at the 21.5 and dismissed it immediately. But i digress.
Went to a girl standing with an iPad to ask for help. At least I'm pretty sure it was a girl. Hair and mode of dress made him/her look gender agnostic. Said I knew what I wanted. Just needed someone to get it from the back and ring me up. Easy peasy one would think. She took my name to add into the queue. So the wait begins.
After 10 minutes or so I ask if the wait will be long. I am not a patient waiter. She says I'm next. So I wait some more.
While I'm waiting, I watch as 3 other Apple employees are wandering around with iPads. Some questioning incoming customers. Seems everyone has a different function here. I need sales. So I continue to wait. Finally (20 minutes or so later) I get a sale rep. Tell her what I want, she explains the latest promotion (got free Beats headphones for my wife), and she put the order into the iPad for the stock folks to bring out. I wanted the trackpad and not the mouse. $50 extra. No worries. When the products come out, She opens the box, takes out the mouse and says to upgrade to the trackpad, they take the mouse, issue a "return", and then charge for the trackpad. Whatever. Unfortunately the "return" needs manager approval. So another 10 minute wait for the one of three managers that can do this. Silly process IMO.
Once that was done the rest of the process was fairly painless. But this whole purchase should have taken much less than 40 minutes to complete. All in all I would rate the experience a 6 out of 10. Not exactly stellar. Apple can and should do better.
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crispin
Member
KBJ for the win. AAPL long and strong since 2000
Posts: 311
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Post by crispin on Sept 7, 2018 11:51:40 GMT -8
Man-baby strikes again.
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Post by sponge on Sept 7, 2018 12:33:19 GMT -8
I can quote myself from post earnings commentary. China trade issues as outlined and emphasized in the last 10K will impact us more then any other issue. I expect to see sub 200 in the near future for aapl.
The tariff issue may never actually hit the consumer, but just the threat is worth a 15% correction. Even WB said he wants to buy more at a 10% discount.
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Post by CdnPhoto on Sept 7, 2018 12:37:40 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Sept 7, 2018 13:52:55 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Sept 7, 2018 13:58:31 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,429
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Post by chinacat on Sept 7, 2018 14:34:15 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Sept 7, 2018 15:00:48 GMT -8
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benoir
fire starter
*
Posts: 1,318
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Post by benoir on Sept 7, 2018 15:01:13 GMT -8
Nice, plainly worded, well set out argument. Interesting insight into Apple also. Hopefully the only consequence of this drop is that Apple takes another slice of juicy red AAPL pie.
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Post by macster on Sept 7, 2018 15:39:55 GMT -8
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Post by Luckychoices on Sept 7, 2018 15:44:53 GMT -8
There must be some mistake. Cook was reassured there would be no problem: Apple CEO Tim Cook had previously brushed off tariff concerns, saying he'd had conversations with Trump about the tariffs and that he was confident tariffs wouldn't hit the iPhone. Oh, *just* the iPhone. Maybe “someone” thought that was Apple’s only product.
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Post by macster on Sept 7, 2018 15:50:29 GMT -8
Gird your loins up. Don't become a girlie man like previous administrations. 500 billion is a big trade deficit. Free and reciprocal trade are the babies that need nursing.
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Post by carbonate24 on Sept 7, 2018 17:17:16 GMT -8
I can quote myself from post earnings commentary. China trade issues as outlined and emphasized in the last 10K will impact us more then any other issue. I expect to see sub 200 in the near future for aapl. The tariff issue may never actually hit the consumer, but just the threat is worth a 15% correction. Even WB said he wants to buy more at a 10% discount. In my opinion, the next time we see sub 200 will be due to a stock split. If the iPhone ever gets included in the tariffs, perhaps I’ll rethink my opinion, but these tariffs will do next to nothing with the installed base, and services growth shouldn’t miss a beat. I’ll sleep well tonight and look forward to BTFD next week. I’m pretty sure Warren and Apples Board will be doing the same.
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Post by sponge on Sept 7, 2018 17:40:57 GMT -8
I can quote myself from post earnings commentary. China trade issues as outlined and emphasized in the last 10K will impact us more then any other issue. I expect to see sub 200 in the near future for aapl. The tariff issue may never actually hit the consumer, but just the threat is worth a 15% correction. Even WB said he wants to buy more at a 10% discount. In my opinion, the next time we see sub 200 will be due to a stock split. If the iPhone ever gets included in the tariffs, perhaps I’ll rethink my opinion, but these tariffs will do next to nothing with the installed base, and services growth shouldn’t miss a beat. I’ll sleep well tonight and look forward to BTFD next week. I’m pretty sure Warren and Apples Board will be doing the same. Maybe However in Feb we corrected 15% despite good numbers from Apple. In Dec 2014 we corrected 15% despite strong guidance on the heels of the iPhone 6 release. The market over reacts to small concerns and then we get sucked into other non Apple related issues. I now pay more attention to the S&P then aapl about direction. Apple lost 10 points in three days but the S&P has been going down for 5 days. I hope we make one more run to 225 before we hit the 20MA. A short term 3% correction is very healthy at this point. For me any move over 222 was a sign of being way overbought. I don't care about services or ASP on iPhones, or all the recent price increases. We went up much too fast with not enough justification from a fundamental point of view. I still see close to 240 by Christmas.
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Post by artman1033 on Sept 8, 2018 8:52:34 GMT -8
sc.cnbcfm.com/applications/cnbc.com/resources/editorialfiles/2018/09/07/P_Apple_Inc_Section_301_List_3_Comments.pdf• Apple’s direct employees are engaged in a wide range of activities in the United States, including most of our research and development, as well as other critical functions including engineering and testing, retail sales, device repair, facilities construction, and physical and cyber-security. • Apple sourced over $50 billion of inputs last year from its 9,000 U.S. suppliers across the country. These suppliers are key to our success, including: • Texas-based Finisar, which makes advanced vertical-cavity surface-emitting lasers that power some of Apple’s most popular new features, including Face ID, Animoji, and Portrait mode selfies, and also received a $390 million investment from Apple’s Advanced Manufacturing Fund to increase its R&D spending and high-volume production; • Kentucky-based Corning, which does advanced glass processing, and also received a $200 million investment from Apple’s Advanced Manufacturing fund to support R&D, capital equipment purchases, and state-of-the-art glass processing; and • Massachusetts-based Analog Devices, which produces the semiconductors that enable iOS touch displays. • Apple is the largest U.S. corporate taxpayer to the U.S. Treasury and pays billions more each year in local property, sales, and employee taxes. Tariffs increase the cost of our U.S. operations, divert our resources, and disadvantage Apple compared to foreign competitors. More broadly, tariffs will lead to higher U.S. consumer prices, lower overall U.S. economic growth, and other unintended economic consequences. As a result, tariffs will ultimately reduce the economic benefit we generate for the United States. Second, because all tariffs ultimately show up as a tax on U.S. consumers, they will increase the cost of Apple products that our customers have come to rely on in their daily lives. For example, the proposed tariffs cover Apple Watch, which has become the top-selling smart- watch in the U.S. and globally.2 Since we introduced Apple Watch a few years ago, we have heard from users about how it has changed, and in some cases saved, their lives.3 Apple Watch Public Version is also being used in conjunction with American universities to help individuals to manage health conditions such as epilepsy and post-heart attack recovery.4 Finally, it is difficult to see how tariffs that hurt U.S. companies and U.S. consumers will ad- vance the Government’s objectives with respect to China’s technology policies. We hope, in- stead, that you will reconsider these measures and work to find other, more effective solutions that leave the U.S. economy and U.S. consumer stronger and healthier than ever before. We would be pleased to provide any additional information to assist in your decision making, and thank you for your consideration of our comments.
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ono
Member
compensation
Posts: 537
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Post by ono on Sept 8, 2018 12:04:59 GMT -8
Trump tweeted that "Apple prices may increase because of the massive Tariffs we may be imposing on China - but there is an easy solution where there would be ZERO tax, and indeed a tax incentive. Make your products in the United States instead of China. Start building new plants now."
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benoir
fire starter
*
Posts: 1,318
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Post by benoir on Sept 8, 2018 13:51:51 GMT -8
Trump tweeted that "Apple prices may increase because of the massive Tariffs we may be imposing on China - but there is an easy solution where there would be ZERO tax, and indeed a tax incentive. Make your products in the United States instead of China. Start building new plants now." Simplistic...
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Post by sponge on Sept 8, 2018 18:32:00 GMT -8
Trump tweeted that "Apple prices may increase because of the massive Tariffs we may be imposing on China - but there is an easy solution where there would be ZERO tax, and indeed a tax incentive. Make your products in the United States instead of China. Start building new plants now." Simplistic... It may appear that way but he has gotten Foxconn to invest over $10 billion in US. TSMC is also expanding here in the US. www.bloomberg.com/news/articles/2017-03-20/tsmc-considers-building-next-cutting-edge-chip-plant-in-the-u-sSlowly he is applying the pressure on China and Apple no other Adminstration has had the guts to do so. This fallacy that the supply chain for parts is all in China and close to Foxconn is a red herring. Those parts can be placed on a cargo flight and arrive here in the US in less then 24 hours. With automation we are finally becoming more competitive with China and Mexico. That is why Mexico renegotiate NAFTA and Canada will follow. Europe caved first. One has to watch the Saturday football games to see that we are a powerful country full of consumers and amazing educational campuses full of Chinese and other nations that see the same advantages this amazing country has to offer.
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Post by Luckychoices on Sept 9, 2018 10:18:44 GMT -8
It may appear that way but he has gotten Foxconn to invest over $10 billion in US. TSMC is also expanding here in the US. www.bloomberg.com/news/articles/2017-03-20/tsmc-considers-building-next-cutting-edge-chip-plant-in-the-u-sSlowly he is applying the pressure on China and Apple no other Adminstration has had the guts to do so. This fallacy that the supply chain for parts is all in China and close to Foxconn is a red herring. Those parts can be placed on a cargo flight and arrive here in the US in less then 24 hours. With automation we are finally becoming more competitive with China and Mexico. That is why Mexico renegotiate NAFTA and Canada will follow. Europe caved first. One has to watch the Saturday football games to see that we are a powerful country full of consumers and amazing educational campuses full of Chinese and other nations that see the same advantages this amazing country has to offer. OMG. I hope you got paid for that post. Did you write it yourself?
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