Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,090
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Post by Dave on Aug 11, 2020 2:20:07 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,090
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Post by Dave on Aug 11, 2020 2:30:15 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,090
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Post by Dave on Aug 11, 2020 2:37:23 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,090
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Post by Dave on Aug 11, 2020 2:43:16 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Aug 11, 2020 5:25:01 GMT -8
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4aapl
Moderator
Posts: 3,622
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Post by 4aapl on Aug 11, 2020 6:31:24 GMT -8
Does any company do this for a certain class of shares?
It seems like that would be a gold mine to any competitor, and that aiding a few "investors" that feel they need to see more of the plan would be a huge aid to everyone else, and thus a negative for the company.
There are companies that give a little more vision, but I think those tend to be in industries where further planning is needed for big item purchases (planes, tractors).
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Aug 11, 2020 7:57:03 GMT -8
* Hmm, Tim a billionaire. Of course I'm all for rewarding merit, but a billion dollars of stock from my company? Double the stock one more time and you'll have my blessing, Tim. Just what we all need, more advice from dopes on buying and selling AAPL. A former trader who spews technical analysis jargon. Apparently this guy did so well at trading...he now writes a column? Say what you want about Cramer, but he capitulated on AAPL some time ago, "don't trade it, just own it." I mean it's just laughable that there are still guys telling me to sell this stock. * So a bunch of Chinese users are going to chuck a phone they paid $1000 for over a single app? M'kay. * The word for how good an engineer Woz is does not exist or at least it escapes me. He helped to change our world with a soldering iron and spare parts. He is up there with Edison and Ford and the Wright Brothers.
But I have contempt for "geeks," like the idjut at Macrumors who think Woz created Apple and Jobs was just an opportunistic salesman. There are a lot of geek types who feel this way, and I instantly know I am talking to a business illiterate when they say this about Jobs. (I'm not offended or butthurt; I never met Jobs; rather, I'm annoyed by stupid people who think they are smart. Out of politeness, I won't mention any past members of AFB ). You'll never see anyone who has any success in business take this view of Jobs. If you watch Triumph of the Nerds, it really shows the lame, ad hoc, hodgepodge PC that IBM - IBM! - put together to take on Apple, which started with a single engineer. Now there's a triumph of an unlimited marketing, IBM's lame PC. Even as an IBM stockholder, it's satisfying to see them ultimately lose the PC wars due to their arrogance, lack of vision and soul, and just poor business acumen (IBM could have locked up Gates and Co contractually, instead of paying them a pittance and letting them develop for clones and ultimately destroy them).
I know I'm preaching to the choir here, but the vision and will and execution that Jobs had are as rare in the business world as Woz's genius was in the engineering world. Probably more rare, because Woz had the one amazing invention (although he contributed to the Mac), but Jobs achieved multiple successes as both founder and executive. IMO, if it weren't for Jobs, you never would have heard of Woz. Woz was trying to give away the Apple I to friends. Jobs was the one who had the vision. Jobs proved with Pixar and as Apple CEO 2.0 that his genius would have found a way to be successful. It's funny that (business idiots) use Woz and PARC as examples of how Jobs was just the marketer. When, quite the contrary, those two examples show how unique Jobs was (HP execs laughed at Woz and Xerox execs laughed at PARC. Hell, Apple execs laughed at Jony Ive until Steve came back!). Vision is the most underrated business skill. It's importance cannot be overstated. Vision, will, and execution.
I respectfully disagree with Chinacat that Woz was the soul of Apple. Woz left in 1985 (I'm not including you in my above rant - you obviously held AAPL long after Woz was gone). I mean half the time these days, Woz is pitching some non-Apple product (one of his most recent tweets is touting the Sony earbuds!). Obviously Woz was a nicer guy than Jobs in a lot of ways. But it was Jobs who talked about Apple as the intersection of technology and liberal arts (the latter was Job's term for soul). It's interesting, when Cringely asks Jobs how he knows "what's the right direction," Steve, the articulate genius, has to pause for some time to try think about it and explain it. Steve doesn't really explain it, he just talks about the type of people who have taste. How could you possibly explain your own unique, preternatural intuition to someone? Taste is so personal, you can't explain it. Maybe vision in this context is the ability to understand other people's tastes? That was the problem with Microsoft and IBM, no soul. You can see the disgust dripping from Steve when he talks about Microsoft, no taste, third rate products. Gates was a super smart guy, but a geek with zero taste or soul. This is why Apple is so different from the rest of the tech companies. They all had/have their smart robotic coder & engineering guys, but what made Apple different? Steve Jobs. Microsoft did it's damnedest to copy Apple blatantly, but did its end users ever feel about Windows as Mac users felt about Mac OS (or iOS)? It's funny seeing geek types unable to understand Jobs. That's what made him (think) different! Thank you, both Steves, for my net worth.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,090
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Post by Dave on Aug 11, 2020 8:49:36 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Aug 11, 2020 9:03:10 GMT -8
I respectfully disagree with Chinacat that Woz was the soul of Apple. Thank you, both Steves, for my net worth. Fair enough. I guess my point was that though they were/are very different people, it’s hard to imagine the Apple we all love without the contributions of either one, albeit Steve was certainly the driver of the commercial success that has so enriched the denizens of AFB. Yes, thanks to both.
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Post by Lstream on Aug 11, 2020 16:25:36 GMT -8
I don’t think this is IP theft. If you want to blame anyone for that, then blame Google for the iOS knockoff that they give away. Xiaomi and countless others build phones using quasi-commodity processors from Qualcomm and Mediatek. And various other merchant semi parts. There is no Apple IP in any of that. These guys try to copy look and feel but that is very thin from IP perspective. I think these devices serve a useful purpose in that Apple gets to make almost all the money in this market, without anything close to a monopoly.
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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 Aug 11, 2020 19:52:00 GMT -8
Requiring Apple to remove the WeChat app would be just one more highlight of the incompetence and impotence of this dribbling dotard. I nominate Tim for sainthood for having to deal with these ruinous numbskulls. Even if it does come to pass, I expect it’d be hung up in court for months until we hopefully emerge from this national nightmare. Leaving aside the accuracy of Kuo’s prediction, I’m confident Apple would eventually find a workaround for their Chinese users. Still, never hurts to imagine worst case scenarios these days...
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