5 ms·

Tim Cook has added $1 trillion dollars to Apple's market cap since he took over. Apple's ability to sell a new IPhone every year is honestly the stuff of legen

Tim Cook has added $1 trillion dollars to Apple's market cap since he took over. Apple's ability to sell a new IPhone every year is honestly the stuff of legends, it almost defies logic but they keep on executing it. It is a bit interesting to see misses from Macs, IPads and services. Which tells you Apple is still very much an iphone story.

dillonmckay 7y ago
If Macs could be financed and upgraded like phones, that would be interesting to see.
- InterestBazinga 7y ago
  Isnt Apple financing available for Macs?
  - tmpz22 7y ago
    Yes. A lot of the diehards over at /r/apple let slip occasionally how they are always financing the latest and greatest. Which is absurd to me especially for the mac product lines where you are overpaying by thousands for an outdated machine [1]. And the estimate of 3 year lifecycle for wearables like the watch and airpods seems overly optimistic. My airpods are a year old and the battery dwindles in about an hour or two before needing charging, my watch is bricked after 7 months. When the current debt bubble pops it'll be interesting if it effects Apple revenue as hard as it will the college debt / car debt markets. [1]: https://www.youtube.com/watch?v=mIB389tqzCI https://www.youtube.com/watch?v=mIB389tqzCI
    - favorited 7y ago
      > watch is bricked after 7 months Don't they have a 1-year warrantee?
    - realdlee 7y ago
      I still have a series 0 Apple watch that works fine and is used everyday. How is your watch not working?
      - athiercelin 7y ago
        Same but I stopped wearing mine. 7 months life is too short if it was new. Should take it to Apple. All for complaining on the bad stuff, but this is a free throw.
    - scarface74 7y ago
      The iPod came out a month after 9/11. The iPhone took off during the height of the recession.
  - jsjohnst 7y ago
    With interest, unlike the phones.
    - george_perez 7y ago
      That's not entirely true. It's no interest for 18 months. https://www.apple.com/shop/browse/financing https://www.apple.com/shop/browse/financing
      - jsjohnst 7y ago
        Depends on your credit score if you get no interest on laptops, unlike with phones (where they approve you or don’t, but details remain the same). Also, there’s no trade up program on the laptop financing, so to go back to OP’s point, there isn’t an equivalent offering for laptops to what exists for phones.
  - noarchy 7y ago
    I think that's US only, right? Same with the iPhone upgrade program, and I don't think exists in Canada.
- SenHeng 7y ago
  Maybe it depends on country? I'm in Japan and recently bought a mac mini with a 2 year interest free loan through a local company[0]. 0: https://www.orico.co.jp https://www.orico.co.jp
Aperocky 7y ago
> Apple's ability to sell a new iPhone every year Anecdotally, it happens to me because the old one broke/discharge battery at alarming rate/charging port stops working/home button (back when it was physical) stuck I'm much more satisfied with the mac line sans the immovable blocks masquerading as keyboard. EDIT: I owned 5 iPhones over 10 years, so it's not yearly. My iPhone 4 lasted 5 years, the rest are not so fortunate.
- GordonS 7y ago
  > Anecdotally, it happens to me because the old one broke/discharge battery at alarming rate/charging port stops working/home button (back when it was physical) stuck After only 1 year?
- whynotminot 7y ago
  What're you doing to your iPhones? I end up holding on to mine for 3+ years each because I can't kill the damn things and it feels so unnecessarily extravagant to upgrade more often.
  - favorited 7y ago
    Follow-up– if all these problems are necessitating yearly upgrades, why aren't you getting your phones fixed under their 1-year warrantee? Batteries, stuck buttons/switches, charging ports, etc. should all be covered.
  - Aperocky 7y ago
    Well, I had 5 over past 10 years. So it's not exactly that bad, I don't mean to bad mouth apple here, I stuck to them for a reason. Also, technically, they still do work.
- armadsen 7y ago
  Also anecdotal, but I've owned ~every iPhone since the launch-day original iPhone. I still own every single one, and they all still work like the day I bought them. My iPhone 5 was replaced the day after I bought it due to a few dead pixels. My iPhone X came down with some kind of touch digitizer problem in the first few months I owned it, and again, Apple replaced it under warranty. But overall, longevity for my iPhones has been comparable to every other Apple device I own (e.g. still have the Mac II I grew up with; still works fine).
elfexec 7y ago
> Tim Cook has added $1 trillion dollars to Apple's market cap since he took over. No he hasn't. What's with the PR style nonsense with every earning release. Whether it's microsoft, apple, etc, every thread has these types of comments. All of apple's top products were created before Cook took over in 2011. https://en.wikipedia.org/wiki/Timeline_of_Apple_Inc._products https://en.wikipedia.org/wiki/Timeline_of_Apple_Inc._product... Great products Cook inherited along with loose monetary policy and one of the greatest stock market booms is what added $1 Trillion to apple's market cap.
- chipotle_coyote 7y ago
  > All of apple's top products were created before Cook took over in 2011. So did you miss the part about how "wearables" -- chiefly the Watch and AirPods, which came out under Cook's watch -- is up 37% and now brings in more revenue than the Mac or the iPad, and nearly as much this quarter as Services did? And, for that matter, how services revenue is now a higher percentage of the non-iPhone revenue than any other segment, which is surely being driven in no small part by Apple Music (which is now the #1 streaming music service in the US), which also first appeared on Cook's watch?
  - elfexec 7y ago
    > is up 37% and now brings in more revenue than the Mac or the iPad But less than 1/5th of iphone revenue. > And, for that matter, how services revenue is now a higher percentage of the non-iPhone revenue And? All you are doing is cherrypicking data. Are you saying wearables is why Apple's stock gained $1 Trillion? Good god, the paid PR-style activity on some of these posts are absurd.
    - chipotle_coyote 7y ago
      I'm "cherrypicking data" about stuff launched under Cook's tenure that's wildly successful that you said couldn't possibly have happened. Good god, the paid Apple-bashing activity on some of these posts is absurd!
vecinu 7y ago
This comment was literally copy pasted from Reddit. Why would you do this? https://www.reddit.com/r/investing/comments/evc2re/apple_2020q1_earnings/ffuuhf3 https://www.reddit.com/r/investing/comments/evc2re/apple_202... Same with the trillion dollar comment below.
- asadlionpk 7y ago
  It looks like he has a few more comments from reddit. Looks like the user is trying to get karma here by plagiarism.
  - hyperbovine 7y ago
    Having high internet points makes you marginally more able to inject whatever hustle you've got going on into the conversation at some future date. Just a guess.
    - generatorguy 7y ago
      Could be a bot that copies high point top level comments on threads about the same URL from reddit to HN and vice versa in order to create accounts with high karma for future sock puppeting?
  - me_me_me 7y ago
    Ah the precious made up fame currency. Got to catch them all teh internetz pointz.

dillonmckay 7y ago

If Macs could be financed and upgraded like phones, that would be interesting to see.

InterestBazinga 7y ago
Isnt Apple financing available for Macs?
- tmpz22 7y ago
  Yes. A lot of the diehards over at /r/apple let slip occasionally how they are always financing the latest and greatest. Which is absurd to me especially for the mac product lines where you are overpaying by thousands for an outdated machine [1]. And the estimate of 3 year lifecycle for wearables like the watch and airpods seems overly optimistic. My airpods are a year old and the battery dwindles in about an hour or two before needing charging, my watch is bricked after 7 months. When the current debt bubble pops it'll be interesting if it effects Apple revenue as hard as it will the college debt / car debt markets. [1]: https://www.youtube.com/watch?v=mIB389tqzCI https://www.youtube.com/watch?v=mIB389tqzCI
  - favorited 7y ago
    > watch is bricked after 7 months Don't they have a 1-year warrantee?
  - realdlee 7y ago
    I still have a series 0 Apple watch that works fine and is used everyday. How is your watch not working?
    - athiercelin 7y ago
      Same but I stopped wearing mine. 7 months life is too short if it was new. Should take it to Apple. All for complaining on the bad stuff, but this is a free throw.
  - scarface74 7y ago
    The iPod came out a month after 9/11. The iPhone took off during the height of the recession.
- jsjohnst 7y ago
  With interest, unlike the phones.
  - george_perez 7y ago
    That's not entirely true. It's no interest for 18 months. https://www.apple.com/shop/browse/financing https://www.apple.com/shop/browse/financing
    - jsjohnst 7y ago
      Depends on your credit score if you get no interest on laptops, unlike with phones (where they approve you or don’t, but details remain the same). Also, there’s no trade up program on the laptop financing, so to go back to OP’s point, there isn’t an equivalent offering for laptops to what exists for phones.
- noarchy 7y ago
  I think that's US only, right? Same with the iPhone upgrade program, and I don't think exists in Canada.
SenHeng 7y ago
Maybe it depends on country? I'm in Japan and recently bought a mac mini with a 2 year interest free loan through a local company[0]. 0: https://www.orico.co.jp https://www.orico.co.jp

Aperocky 7y ago

> Apple's ability to sell a new iPhone every year Anecdotally, it happens to me because the old one broke/discharge battery at alarming rate/charging port stops working/home button (back when it was physical) stuck I'm much more satisfied with the mac line sans the immovable blocks masquerading as keyboard. EDIT: I owned 5 iPhones over 10 years, so it's not yearly. My iPhone 4 lasted 5 years, the rest are not so fortunate.

GordonS 7y ago
> Anecdotally, it happens to me because the old one broke/discharge battery at alarming rate/charging port stops working/home button (back when it was physical) stuck After only 1 year?
whynotminot 7y ago
What're you doing to your iPhones? I end up holding on to mine for 3+ years each because I can't kill the damn things and it feels so unnecessarily extravagant to upgrade more often.
- favorited 7y ago
  Follow-up– if all these problems are necessitating yearly upgrades, why aren't you getting your phones fixed under their 1-year warrantee? Batteries, stuck buttons/switches, charging ports, etc. should all be covered.
- Aperocky 7y ago
  Well, I had 5 over past 10 years. So it's not exactly that bad, I don't mean to bad mouth apple here, I stuck to them for a reason. Also, technically, they still do work.
armadsen 7y ago
Also anecdotal, but I've owned ~every iPhone since the launch-day original iPhone. I still own every single one, and they all still work like the day I bought them. My iPhone 5 was replaced the day after I bought it due to a few dead pixels. My iPhone X came down with some kind of touch digitizer problem in the first few months I owned it, and again, Apple replaced it under warranty. But overall, longevity for my iPhones has been comparable to every other Apple device I own (e.g. still have the Mac II I grew up with; still works fine).

elfexec 7y ago

> Tim Cook has added $1 trillion dollars to Apple's market cap since he took over. No he hasn't. What's with the PR style nonsense with every earning release. Whether it's microsoft, apple, etc, every thread has these types of comments. All of apple's top products were created before Cook took over in 2011. https://en.wikipedia.org/wiki/Timeline_of_Apple_Inc._products https://en.wikipedia.org/wiki/Timeline_of_Apple_Inc._product... Great products Cook inherited along with loose monetary policy and one of the greatest stock market booms is what added $1 Trillion to apple's market cap.

chipotle_coyote 7y ago
> All of apple's top products were created before Cook took over in 2011. So did you miss the part about how "wearables" -- chiefly the Watch and AirPods, which came out under Cook's watch -- is up 37% and now brings in more revenue than the Mac or the iPad, and nearly as much this quarter as Services did? And, for that matter, how services revenue is now a higher percentage of the non-iPhone revenue than any other segment, which is surely being driven in no small part by Apple Music (which is now the #1 streaming music service in the US), which also first appeared on Cook's watch?
- elfexec 7y ago
  > is up 37% and now brings in more revenue than the Mac or the iPad But less than 1/5th of iphone revenue. > And, for that matter, how services revenue is now a higher percentage of the non-iPhone revenue And? All you are doing is cherrypicking data. Are you saying wearables is why Apple's stock gained $1 Trillion? Good god, the paid PR-style activity on some of these posts are absurd.
  - chipotle_coyote 7y ago
    I'm "cherrypicking data" about stuff launched under Cook's tenure that's wildly successful that you said couldn't possibly have happened. Good god, the paid Apple-bashing activity on some of these posts is absurd!

vecinu 7y ago

This comment was literally copy pasted from Reddit. Why would you do this? https://www.reddit.com/r/investing/comments/evc2re/apple_2020q1_earnings/ffuuhf3 https://www.reddit.com/r/investing/comments/evc2re/apple_202... Same with the trillion dollar comment below.

asadlionpk 7y ago
It looks like he has a few more comments from reddit. Looks like the user is trying to get karma here by plagiarism.
- hyperbovine 7y ago
  Having high internet points makes you marginally more able to inject whatever hustle you've got going on into the conversation at some future date. Just a guess.
  - generatorguy 7y ago
    Could be a bot that copies high point top level comments on threads about the same URL from reddit to HN and vice versa in order to create accounts with high karma for future sock puppeting?
- me_me_me 7y ago
  Ah the precious made up fame currency. Got to catch them all teh internetz pointz.