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Interesting, thanks for sharing. I just recall reading articles that made it sound like executives or board members were tearing their hair because of it. Must
by kmfrk 16y ago
Interesting, thanks for sharing. I just recall reading articles that made it sound like executives or board members were tearing their hair because of it. Must have been the journalists' mistake.
- jonhendry 16y agoProbably analysts or their ilk tearing their hair out. For Apple, it's probably quite advantageous to be able to essentially pay cash up front for next year's supply of a critical component, pay a partner to build a new plant, etc. At least Apple isn't throwing their money away in stock buybacks like Ballmer.
- protomyth 16y agoIt does make it hard for their competition when Apple is able to buy a huge set (sometimes "all available production") of components at a reduced price. I am expecting an iPad price drop on the next version or an iPhone strategy (cheaper old bottom, new bottom, new top). This money allows for the iPod strategy to repeat with the iPad.