|
Post by aaplsauce on Feb 14, 2022 21:27:57 GMT -8
|
|
Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
|
Post by Dave on Feb 15, 2022 2:57:03 GMT -8
Wow, I was hoping that the MacWorld story “The missing piece of Apple’s ecosystem could bring it all together” was going to introduce a new router from Apple. But it only reminded me of why I miss my AirPort Extreme. Oh well, I’ve beaten this drum before, I just need to let it go.
|
|
chinacat
Moderator
AAPL Long since 2006
Posts: 4,438
|
Post by chinacat on Feb 15, 2022 6:19:12 GMT -8
|
|
|
Post by aaplcrazie on Feb 15, 2022 7:20:33 GMT -8
Wow, I was hoping that the MacWorld story “ The missing piece of Apple’s ecosystem could bring it all together” was going to introduce a new router from Apple. But it only reminded me of why I miss my AirPort Extreme. Oh well, I’ve beaten this drum before, I just need to let it go. Still hanging on to this like Grim Death 😂
|
|
JDSoCal
Member
Aspiring oligarch
Posts: 4,241
|
Post by JDSoCal on Feb 15, 2022 8:38:22 GMT -8
Tim needs to take drastic action on this, and the government needs to have his back (America first!), or Apple will die of 1000 cuts. Time to start some retaliatory action against EU imported goods. This is no joke.
|
|
4aapl
Moderator
Posts: 3,867
|
Post by 4aapl on Feb 15, 2022 10:56:51 GMT -8
Does anyone have a recommendation on a good company to have an HSA with? Looks like we can contribute this year, and the HSA has the same "can contribute for '21 up to the tax day of '22" that many tax advantaged plans have. I see that Optumbank has one that can use Betterment for investing, though it keeps $2k in your main account. www.optumbank.com/health-accounts/hsa/investment-services.htmlI know Gregg talked about setting up his, about 14 years ago. It makes sense, though like a college savings plan the downside is limited investment options, potential fees, and possibly not making enough difference to move the needle. Still, in the working world it was really nice to have medical savings vats (or whatever they were called), and this is similar but without the "use it or lose it" downside, and also being able to have it invested.
|
|
chinacat
Moderator
AAPL Long since 2006
Posts: 4,438
|
Post by chinacat on Feb 15, 2022 11:23:09 GMT -8
|
|
|
Post by dmiller on Feb 15, 2022 11:33:59 GMT -8
Yeah, Google grew its Pixel sales 56% - they sold 156 units worldwide, instead of 100.
Good for them. 🙂
|
|
JDSoCal
Member
Aspiring oligarch
Posts: 4,241
|
Post by JDSoCal on Feb 15, 2022 12:04:07 GMT -8
|
|
|
Post by lulli on Feb 15, 2022 13:14:28 GMT -8
Tim needs to take drastic action on this, and the government needs to have his back (America first!), or Apple will die of 1000 cuts. Time to start some retaliatory action against EU imported goods. This is no joke.
These is just Netherlands, so no big deal, maybe. What's interesting is how Apple is handling this; Essentially, they say "ok, you use your own payment system, so we give you a discount corresponding to the cost of processing payments, but you still need to report sales to us and pay a fee for using the store". The discount is only a few %, highlighting the fact that the App Store charges a ~13% fee (after the first year) as a compensation for the services enjoyed by the apps, not a shakedown related to which payment system is used. Probably makes a difference legally/psychologically.
|
|
JDSoCal
Member
Aspiring oligarch
Posts: 4,241
|
Post by JDSoCal on Feb 15, 2022 13:24:50 GMT -8
Tim needs to take drastic action on this, and the government needs to have his back (America first!), or Apple will die of 1000 cuts. Time to start some retaliatory action against EU imported goods. This is no joke.
These is just Netherlands, so no big deal, maybe. What's interesting is how Apple is handling this; Essentially, they say "ok, you use your own payment system, so we give you a discount corresponding to the cost of processing payments, but you still need to report sales to us and pay a fee for using the store". The discount is only a few %, highlighting the fact that the App Store charges a ~13% fee (after the first year) as a compensation for the services enjoyed by the apps, not a shakedown related to which payment system is used. Probably makes a difference legally/psychologically. But it's not just the Netherlands. It's all of the EU and the UK trying to shake-down Apple. Have you not been reading my posts about it in the Intradays? (As an old uncle of mine with Dementia would say, "Come on, man!"). If anything, the fact that a small piss-ant country can start telling Apple what to do is even more ominous for other would-be rent-seekers. Today the Netherlands, tomorrow Luxembourg?
|
|
mark
fire starter
Posts: 1,632
|
Post by mark on Feb 15, 2022 13:39:36 GMT -8
Yeah, Google grew its Pixel sales 56% - they sold 156 units worldwide, instead of 100. Good for them. 🙂 Heh heh ... though for people who want Android phones, I usually recommend Pixel models (and previously Nexus models), not because they are the best Androids, and they aren't close to being best, but because they get Android updates first (and often are the "only" ones with updates at all). I have a Nexus 6, a Pixel XL, and a Pixel 3, all were reasonably competent for what they were. Though I have SEVERE criticism for Android batteries and Android battery management. ALL my old iPhones still power up, and even if they are so old that their battery is dead, they readily power up when connected to power. Not so for my old Androids, first of all their batteries die MUCH more rapidly, and second of all, they have great difficulty powering up after their battery is dead. My son uses an old iPhone 6 still with the original battery, and though it has less battery life, it still works fine. Meanwhile my Nexus 6 from about the same time, is dead as a doornail - I have to do all sorts of tricks to get it to power up. My Pixel XL battery lasts a minute or two at most, and then needs to be plugged in immediately. And if I turn on the camera, it dies immediately.
|
|
|
Post by bram on Feb 15, 2022 13:43:31 GMT -8
Don't underestimate The Netherlands (my home country) in this case. The collective claim procedure that has been started is done in The Netherlands (17 Mio+ inhabitants), but is legally meaningful for the rest of the European Union (500 Mio+). Even as an AAPL-shareholder, I think it is an interesting case to get a clear juridical stance on the meaning and value of the App Store. Does it add enough value to consumers to legitimate the 27% cut (ex payment processing costs), or does it boils down to extortion by a tech moloch? I personally think it is a reasonable cut Apple is taking for what it is providing for developers and customers, yet, it would be in Apple's own interest worldwide to get a clear answer from a court in The Netherlands that eventually will have meaning for the wider EU. So, go Alexander Klopping, and go Apple.
|
|
|
Post by playultimate on Feb 15, 2022 14:15:15 GMT -8
Don't underestimate The Netherlands (my home country) in this case. The collective claim procedure that has been started is done in The Netherlands (17 Mio+ inhabitants), but is legally meaningful for the rest of the European Union (500 Mio+). Even as an AAPL-shareholder, I think it is an interesting case to get a clear juridical stance on the meaning and value of the App Store. Does it add enough value to consumers to legitimate the 27% cut (ex payment processing costs), or does it boils down to extortion by a tech moloch? I personally think it is a reasonable cut Apple is taking for what it is providing for developers and customers, yet, it would be in Apple's own interest worldwide to get a clear answer from a court in The Netherlands that eventually will have meaning for the wider EU. So, go Alexander Klopping, and go Apple. I've asked this elsewhere: Could Apple theoretically close the relatively open Apple iOS store and make the entire iOS offerings into a subscription plan similar to Apple Arcade? Charge $29.99/mo for "everything"? Or maybe have multiple tiers? I'm not sure how that would actually work. But right now Apple seems to be getting into trouble because the store is based on a consignment model. If the store's model changed would it change the concerns/issues?
|
|
|
Post by bram on Feb 15, 2022 14:22:30 GMT -8
Don't underestimate The Netherlands (my home country) in this case. The collective claim procedure that has been started is done in The Netherlands (17 Mio+ inhabitants), but is legally meaningful for the rest of the European Union (500 Mio+). Even as an AAPL-shareholder, I think it is an interesting case to get a clear juridical stance on the meaning and value of the App Store. Does it add enough value to consumers to legitimate the 27% cut (ex payment processing costs), or does it boils down to extortion by a tech moloch? I personally think it is a reasonable cut Apple is taking for what it is providing for developers and customers, yet, it would be in Apple's own interest worldwide to get a clear answer from a court in The Netherlands that eventually will have meaning for the wider EU. So, go Alexander Klopping, and go Apple. I've asked this elsewhere: Could Apple theoretically close the relatively open Apple iOS store and make the entire iOS offerings into a subscription plan similar to Apple Arcade? Charge $29.99/mo for "everything"? Or maybe have multiple tiers? I'm not sure how that would actually work. But right now Apple seems to be getting into trouble because the store is based on a consignment model. If the store's model changed would it change the concerns/issues? Of course this would change the concerns/issues for consumers. I don't see any Dutch/EU-problems with that model per se But in that case entrance to the App Store for developers should be negotiated on an individual basis between Apple and the developers. Terms and conditions for entrance might be opposed by specific developers as being unfair/unequal, I guess.
|
|
crispin
Member
KBJ for the win. AAPL long and strong since 2000
Posts: 325
|
Post by crispin on Feb 15, 2022 19:54:27 GMT -8
|
|
Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
|
Post by Dave on Feb 16, 2022 2:57:36 GMT -8
That sounds great, until you factor in inflation.
|
|
4aapl
Moderator
Posts: 3,867
|
Post by 4aapl on Feb 16, 2022 7:32:15 GMT -8
Small numbers (20% annualized growth) work out to big numbers when hit again and again over many years. Strange that he used FY'21 numbers, instead of the 12 month trailing earnings per share of 6.01. FWIW, using that and his 20% guess, but backing the future P/E off to 20, gives a share price of 744 in a decade. But when assuming the same P/E, one can just directly use that growth rate on the stock, so (1.2^10)*172.
|
|
crispin
Member
KBJ for the win. AAPL long and strong since 2000
Posts: 325
|
Post by crispin on Feb 16, 2022 15:13:45 GMT -8
That sounds great, until you factor in inflation. I'm pretty sure we'd be outpacing inflation by a healthy margin. But yeah hopefully that will settle down the further we get from the pandemic hangover.
|
|
mark
fire starter
Posts: 1,632
|
Post by mark on Feb 16, 2022 15:28:04 GMT -8
Media disclosure is sometimes so odd. Apparently MF has a Mar '23 120-130 bull call spread, and the way they disclose it is that they "recommend" those options. But that is kind of silly today ... because that bull call spread is nearly fully valued at this point, so there isn't much point in entering the trade anymore.
|
|