mark
fire starter
Posts: 1,552
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Post by mark on Aug 17, 2023 23:51:30 GMT -8
Here we go again. Product isn't even out yet, and people are already predicting lower production! I think we discussed this a bit yesterday, but I wonder if we could potentially see global unit sales go down, while Apple unit sales go up? Apple Should End Deal Drought by Buying ESPN, Analyst Says.I think a big acquisition is very risky and is more likely to hurt Apple than to help Apple. This is because of "human" reasons rather than any technical or business reasons. I think that when big acquisitions happen, there is almost always a conflict of culture, and conflicts of people. Integrating different cultures, if it even happens, causes all sorts of delays and extra effort. And as time passes, there invariably is the succession battle, where people from each side of the acquisition think they should be the successor. And that leads to further conflict and sometimes even dislocation when succession happens. Can you imagine a big ESPN honcho taking over in 4 or 5 years when Tim Cook retires, and many Apple long-term die hards disliking the regime change, and then becoming unhappy and leaving the company? [NOTE: I won't be able to update with the closing price until Saturday due to time zone issues.]
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,427
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Post by chinacat on Aug 18, 2023 6:28:47 GMT -8
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4aapl
Moderator
Posts: 3,632
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Post by 4aapl on Aug 18, 2023 7:13:39 GMT -8
Apple Should End Deal Drought by Buying ESPN, Analyst Says.I think a big acquisition is very risky and is more likely to hurt Apple than to help Apple. This is because of "human" reasons rather than any technical or business reasons. I think that when big acquisitions happen, there is almost always a conflict of culture, and conflicts of people. Integrating different cultures, if it even happens, causes all sorts of delays and extra effort. And as time passes, there invariably is the succession battle, where people from each side of the acquisition think they should be the successor. And that leads to further conflict and sometimes even dislocation when succession happens. Can you imagine a big ESPN honcho taking over in 4 or 5 years when Tim Cook retires, and many Apple long-term die hards disliking the regime change, and then becoming unhappy and leaving the company? I'm sure this is part of why Apple has steered clear of big acquisitions. I think Next was their last big one, size wise. And we know how that created quite a shakeup of the leadership and even the whole operating system! Our backlog of visitors finally cleared up, and now we get to try to enjoy the area while construction season grinds on and the prime visitor season starts to wind down. But occasionally well known people still visit for a bit, even if it's unlikely I'll end up on a ski lift with this one. It is a beautiful place. Time to get outside.
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Post by archibaldtuttle on Aug 18, 2023 7:58:42 GMT -8
Apple's biggest acquisition was Beats, at $3B.
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4aapl
Moderator
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Post by 4aapl on Aug 18, 2023 14:07:28 GMT -8
Apple's biggest acquisition was Beats, at $3B. I felt the Beats one was probably the largest in total, though I wasn't sure about once behind the scenes stock options were included, and I thought there were probably more employees with Next. And with employees comes the potential culture differences that were being mentioned. In retrospect, I think we can clearly say that Next was the much more important acquisition for Apple.
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Post by zebrum on Aug 18, 2023 15:09:52 GMT -8
Seems like first green day in forever congrats everyone! Hopefully next week brings some stability to the markets.
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Post by hledgard on Aug 18, 2023 17:48:26 GMT -8
Just feel the momentum has shifted negative. Feel AAPL needs something specific to change the tune.
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Post by Luckychoices on Aug 18, 2023 22:05:55 GMT -8
Just feel the momentum has shifted negative. Feel AAPL needs something specific to change the tune. The momentum has shifted negative for most of the market, IMO, not just AAPL. At today's market close: AAPL: +0.28% MSFT: -0.13% TSLA: -1.70% META: -0.65% AMZN: -0.57 NFLX: +0.38% GOOG: -1.80% AVGO: -0.15 NVDA: -0.10% etc.
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4aapl
Moderator
Posts: 3,632
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Post by 4aapl on Aug 19, 2023 7:50:12 GMT -8
Just feel the momentum has shifted negative. Feel AAPL needs something specific to change the tune. The momentum has shifted negative for most of the market, IMO, not just AAPL. At today's market close: AAPL: +0.28% MSFT: -0.13% TSLA: -1.70% META: -0.65% AMZN: -0.57 NFLX: +0.38% GOOG: -1.80% AVGO: -0.15 NVDA: -0.10% etc. aaplfinance.proboards.com/board/11/weekend-updatesThe weekend thread titles show this as the 3rd down week in a row. While it's not the huge drop from 3 weeks ago, and it's a little better than last week, down 1.86% is still downward momentum. While I might hope that AAPL's momentum is changing, and climbing from a touch under $172 early in the day to closing slightly in the green may fuel that hope, it's going to take more than one "just better than flat" day to look slightly more solid. And heck, Netflix did better. In the "there's some sort of justice in the market", there are times where I expect that some of these mega caps whose growth prospects are more defined now than a couple decades ago will have their P/E knocked down to more reasonable levels. But some of those high P/E's have been sticking around a lot longer than I would have expected, and bubbliness still shows thru when a small AI or EV company shoots upwards with such vigor as seen in the last couple days. Strange market. But it always is, in one way or another.
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mark
fire starter
Posts: 1,552
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Post by mark on Aug 19, 2023 14:39:15 GMT -8
I bought a tiny bit of Tesla stock today!!! First time ever.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,103
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Post by Dave on Aug 19, 2023 14:46:29 GMT -8
Thank you, that makes me feel better about my position in Tesla.
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Post by duckpins on Aug 20, 2023 10:10:26 GMT -8
Thank you, that makes me feel better about my position in Tesla. SELLING COVERED CALls is all the TSLA I need. I can't help but notice they all look the same and everyone and his brother is making a subsidized EV thanks to Gov. Newsome.
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mark
fire starter
Posts: 1,552
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Post by mark on Aug 20, 2023 22:07:19 GMT -8
Thank you, that makes me feel better about my position in Tesla. SELLING COVERED CALls is all the TSLA I need. I can't help but notice they all look the same and everyone and his brother is making a subsidized EV thanks to Gov. Newsome. Even if they all look the same (and they really don't), find out how often the software is updated (and bugs fixed, features added, etc) on each of those models. It's a lot like iPhone versus Android, iPhones keep up with software upgrades for many years/models, while Android does not.
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4aapl
Moderator
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Post by 4aapl on Aug 21, 2023 7:42:51 GMT -8
SELLING COVERED CALls is all the TSLA I need. I can't help but notice they all look the same and everyone and his brother is making a subsidized EV thanks to Gov. Newsome. Even if they all look the same (and they really don't), find out how often the software is updated (and bugs fixed, features added, etc) on each of those models. It's a lot like iPhone versus Android, iPhones keep up with software upgrades for many years/models, while Android does not. Are you saying that Tesla does a good job of constantly upgrading the software, while others don't? I can see the advantage of updating the self-driving or assisted driving features as they advance, and updating navigation once in a while. What sort of other things has Tesla updated that have been helpful? I remember about ludicrous mode being added. It's just a different concept on a car to go from being like an appliance that just ships and does it's job, hopefully well and for a long time, vs a computer or smartphone that needs to adapt to changes in other things. I'm just curious how many are fixing problems (opps, that isn't working right) vs how many are improving things (I'm sure there are some around battery charging and usage to minimize heat, speed draw/feed, and extend lifetime) vs how many are adapting to outside changes. FWIW, I also have more trouble differentiating the Tesla models. Side by side they would look different to me (I know one is more like an SUV, one has gull wing doors, etc), but I think it's something about the minimization of model labeling and possibly also of unpainted trim, while also being of similar sculpting and often color. Other brands can have this issue too (the current Sienna/Highlander/Grand Highlander/Rav4 have very similar sculpting and taillight trim work), but often they have good model labeling that few people take off. It will be interesting to see how the auto industry goes with software updates in the longer run. But I'm also curious to see how assisted driving does. At some point a big study will need to be done, hopefully showing that it improves things. A rental car fleet might be the perfect opportunity, giving an A/B test with plenty of randomization. As long as it works well and doesn't create problems, like the lane assist on the Camry we used in Canada not liking the different method of line marking for highway/freeway onramps and exits.
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mark
fire starter
Posts: 1,552
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Post by mark on Aug 21, 2023 9:14:25 GMT -8
Even if they all look the same (and they really don't), find out how often the software is updated (and bugs fixed, features added, etc) on each of those models. It's a lot like iPhone versus Android, iPhones keep up with software upgrades for many years/models, while Android does not. Are you saying that Tesla does a good job of constantly upgrading the software, while others don't? Absolutely!!! I own 2 EVs right now (each for 2 years). The Tesla has updated very frequently, the latest update was last night, the other one hasn't ever updated, and doesn't even have the capability of OTA update as far as I am aware. And reports from vast numbers of owners across the world makes it quite clear that Tesla is the leader BY FAR for software updates (to fix bugs, to add features, to make things work better, for efficiency, etc). A neighbor has a VW ID.something and when I asked about SW updates, he said "what's that?", apparently never had one in over a year and a half of ownership. The list is so long, I can't even remember 90% of the things. Some of my favorites are better calculation of when to charge, improved navigation with extra smarts for charging stops, a display window with the side rear view camera while turn signal is on, and so many many many others over the last 2 years. That doesn't include unseen safety features (like taking over and quickly moving out of the way of an impending collision EVEN WITH THE HUMAN DRIVING) or improved braking, And they've improved the infotainment system quite a bit over the years. They've added built-in streaming service apps, quite nice to be able to watch netflix and others while charging or whatever. Someone compiled a list, I don't know how good it is, but it is first result of a search - www.notateslaapp.com/software-updates/history/
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