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Post by dreamRaj on Dec 10, 2019 6:30:18 GMT -8
Hello - There seemed to be doom n' gloom in early pre-market hours with AAPL as low as 264. Then comes the news that trade deal is going fine and Trump will delay the tarrifs that were to come into effect on Dec 15th. And AAPL shoots up over $4 and opens at 268.50 (+$1.57) U.S. and China trade officials are planning for delay of Dec. 15 tariffs: reportStocks seen rising after report Trump administration will delay December tariffsAlso, there's been progress on the US-Mexico-Canada trade deal: USMCA trade deal is ‘within range,’ Pelosi saysWith the trade deal's back and forth that the market has witnessed so often, I wouldn't be surprised if the highs lose steam over the course of the day. Let's see. Speaking of China, it's well-known that they blatantly and shamelessly steal designs, ideas, technology, and a lot more. Apple's onto two of its ex-employees for this sort of thing: Apple concerned that two former employees accused of stealing trade secrets will flee to ChinaSome excellent news Apple Card news: For the holidays, Apple Card gives 6% cashback on all Apple Store purchasesand Apple launching iPhone financing plan today for Apple Card users: 0% interest over 24 monthsLastly, being that we've hit a good ATH, I hope this is not the beginning of FUD like this: Analyst: Apple cutting iPhone 11 Pro production by 25%, consumers focused on 5G iPhone 12 lineup
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walterwhite
Member
"I am the one who knocks!"... Albuquerque, NM
Posts: 346
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Post by walterwhite on Dec 10, 2019 7:07:18 GMT -8
Hello - There seemed to be doom n' gloom in early pre-market hours with AAPL as low as 264. Then comes the news that trade deal is going fine and Trump will delay the tarrifs that were to come into effect on Dec 15th. And AAPL shoots up over $4 and opens at 268.50 (+$1.57)
thanks for the news roundup, dreamRaj! ...so much drama before i even wake up in burque
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Post by dreamRaj on Dec 10, 2019 7:08:11 GMT -8
From yesterday's thread, Dave and silkstone pick on an interesting question: Can you name the one person responsible for Apples manufacturing being located in communist China? Not sure but the idea prolly began in the mind of Steve Jobs with Tim Cooks input as well. I’m pretty sure it was done out of necessity. How many places in the world was it possible to manufacture, package and ship tens of millions of iPhones back in 2007 ? Steve Jobs + Tim Cook for sure. Also, Bob Mansfield must've been on the decision making team. He was the hardware engineering guru involved in products from the iMac to the iPad. It's rumored that he's still involved behind the scenes in Apple's 'Titan' car project.
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Post by dreamRaj on Dec 10, 2019 7:24:18 GMT -8
Hello - There seemed to be doom n' gloom in early pre-market hours with AAPL as low as 264. Then comes the news that trade deal is going fine and Trump will delay the tarrifs that were to come into effect on Dec 15th. And AAPL shoots up over $4 and opens at 268.50 (+$1.57) thanks for the news roundup, dreamRaj! ...so much drama before i even wake up in burque I see you're not one to call it ABQ or... The Q
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4aapl
Moderator
Posts: 3,598
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Post by 4aapl on Dec 10, 2019 8:53:27 GMT -8
thanks for the news roundup, dreamRaj! ...so much drama before i even wake up in burque I see you're not one to call it ABQ or... The Q LOL! I only lived there a few months, working at the Lab one summer. I guess I wasn't clued in on the cultural names, or they didn't exist at the time. I loved seeing those major roads turn into flash flood drainage, and mountain biking in a monsoon was fun too. But I think Walter gets around in his RV. I'm not so sure it's parked in Albuquerque very often. OMG, the IP search shows I'm over the boarder.....into CA. No wonder I feel over-taxed this week.
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walterwhite
Member
"I am the one who knocks!"... Albuquerque, NM
Posts: 346
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Post by walterwhite on Dec 10, 2019 10:34:00 GMT -8
I see you're not one to call it ABQ or... The Q LOL! I only lived there a few months, working at the Lab one summer. I guess I wasn't clued in on the cultural names, or they didn't exist at the time. I loved seeing those major roads turn into flash flood drainage, and mountain biking in a monsoon was fun too. But I think Walter gets around in his RV. I'm not so sure it's parked in Albuquerque very often. OMG, the IP search shows I'm over the boarder.....into CA. No wonder I feel over-taxed this week.
ROFL! nice one about taxes 4aapl! @raj.... 'the Q' =
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Post by firestorm on Dec 10, 2019 10:36:01 GMT -8
From yesterday's thread, Dave and silkstone pick on an interesting question: Not sure but the idea prolly began in the mind of Steve Jobs with Tim Cooks input as well. I’m pretty sure it was done out of necessity. How many places in the world was it possible to manufacture, package and ship tens of millions of iPhones back in 2007 ? Steve Jobs + Tim Cook for sure. Also, Bob Mansfield must've been on the decision making team. He was the hardware engineering guru involved in products from the iMac to the iPad. It's rumored that he's still involved behind the scenes in Apple's 'Titan' car project. With the US shift to globalism in the 1990s, supported by both Democrats and Republicans at the time, I'm not sure Apple had any choice if they wanted to remain competitive at a time when Apple's very survival was in question. With essentially all computer manufacturing moving to China, how long would a US manufacturing computer operation survive? I think it was a terrible political decision at the time, which hollowed out America's manufacturing capabilities and which meant that our technology was going to be stolen by China.
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Post by lulli on Dec 10, 2019 12:20:34 GMT -8
From yesterday's thread, Dave and silkstone pick on an interesting question: Steve Jobs + Tim Cook for sure. Also, Bob Mansfield must've been on the decision making team. He was the hardware engineering guru involved in products from the iMac to the iPad. It's rumored that he's still involved behind the scenes in Apple's 'Titan' car project. With the US shift to globalism in the 1990s, supported by both Democrats and Republicans at the time, I'm not sure Apple had any choice if they wanted to remain competitive at a time when Apple's very survival was in question. With essentially all computer manufacturing moving to China, how long would a US manufacturing computer operation survive? I think it was a terrible political decision at the time, which hollowed out America's manufacturing capabilities and which meant that our technology was going to be stolen by China. But China is big, has lots of qualified people, and has the supply chain in place. I think that Steve Jobs already pointed this out at the time, when the number of produced iphones was not as big as today. The decision might not be good politically, but it seems that it was the only choice from the point of view of available resources. One can discuss why, but the resources (now or at the time) are not available in the US to build all those products with the same efficiency as in China. One can maybe expect that one can go away from an "only China" approach to become multinational, to include India, Vietnam, and others, but not that it will (ever?) be possible to do all that manufacturing (200 high quality iphones a year?) in the US (unless, maybe, almost total automation in the future - robots).
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Post by silkstone on Dec 10, 2019 12:37:05 GMT -8
With the US shift to globalism in the 1990s, supported by both Democrats and Republicans at the time, I'm not sure Apple had any choice if they wanted to remain competitive at a time when Apple's very survival was in question. With essentially all computer manufacturing moving to China, how long would a US manufacturing computer operation survive? I think it was a terrible political decision at the time, which hollowed out America's manufacturing capabilities and which meant that our technology was going to be stolen by China. But China is big, has lots of qualified people, and has the supply chain in place. I think that Steve Jobs already pointed this out at the time, when the number of produced iphones was not as big as today. The decision might not be good politically, but it seems that it was the only choice from the point of view of available resources. One can discuss why, but the resources (now or at the time) are not available in the US to build all those products with the same efficiency as in China. One can maybe expect that one can go away from an "only China" approach to become multinational, to include India, Vietnam, and others, but not that it will (ever?) be possible to do all that manufacturing (200 high quality iphones a year?) in the US (unless, maybe, almost total automation in the future - robots). Yes, it may come back to bite apple/us in the ass at some point in the future but as of right now, I don’t think the decision to manufacture in China was wrong, it was obviously the exact right decision imo. China is Apples #1 frenemy......and China WILL be the largest economy in the world in the not too distant future. So, for that reason alone we need to keep that in the forefront of our minds when making almost all of our decisions as a nation.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,049
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Post by Dave on Dec 10, 2019 13:13:15 GMT -8
But China is big, has lots of qualified people, and has the supply chain in place. I think that Steve Jobs already pointed this out at the time, when the number of produced iphones was not as big as today. The decision might not be good politically, but it seems that it was the only choice from the point of view of available resources. One can discuss why, but the resources (now or at the time) are not available in the US to build all those products with the same efficiency as in China. One can maybe expect that one can go away from an "only China" approach to become multinational, to include India, Vietnam, and others, but not that it will (ever?) be possible to do all that manufacturing (200 high quality iphones a year?) in the US (unless, maybe, almost total automation in the future - robots). Yes, it may come back to bite apple/us in the ass at some point in the future but as of right now, I don’t think the decision to manufacture in China was wrong, it was obviously the exact right decision imo. China is Apples #1 frenemy......and China WILL be the largest economy in the world in the not too distant future. So, for that reason alone we need to keep that in the forefront of our minds when making almost all of our decisions as a nation. I just posted a reply on the Monday thread on this subject.
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Post by zzmac on Dec 11, 2019 0:20:24 GMT -8
Yes, it may come back to bite apple/us in the ass at some point in the future but as of right now, I don’t think the decision to manufacture in China was wrong, it was obviously the exact right decision imo. China is Apples #1 frenemy......and China WILL be the largest economy in the world in the not too distant future. So, for that reason alone we need to keep that in the forefront of our minds when making almost all of our decisions as a nation. I just posted a reply on the Monday thread on this subject. There’s only two reasons Apple moved manufacturing to China. One was to attract Chinese buyers. Two was no other country could manufacture millions of phones. I remember reading if a minuscule new part was suddenly needed China could produce millions in a few days where the US would need a month. Something like that. So it was a necessity and brilliant. I just wish the Cowboys would hire Cook as the new coach. Ugh And speaking of cars, isn’t the new Corvette just something else!!
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,049
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Post by Dave on Dec 11, 2019 4:30:54 GMT -8
I just posted a reply on the Monday thread on this subject. There’s only two reasons Apple moved manufacturing to China. One was to attract Chinese buyers. Two was no other country could manufacture millions of phones. I remember reading if a minuscule new part was suddenly needed China could produce millions in a few days where the US would need a month. Something like that. So it was a necessity and brilliant. I just wish the Cowboys would hire Cook as the new coach. Ugh And speaking of cars, isn’t the new Corvette just something else!! Once production of the iPhone in India get established, it would be interesting to have a cost comparison to those produced in China. But I seriously doubt that information will ever be made available. I agree, the new Corvette is very impressive and surprising affordable. The mid-engine design for the Corvette has been long overdue. Maybe one day.
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