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> AAPLE has $23B in cash, down 1/3 from this time last year. Mostly given back to investors. Probably nothing to worry about here:) Didn’t they have over a hun

by rcarr 4y ago

> AAPLE has $23B in cash, down 1/3 from this time last year. Mostly given back to investors. Probably nothing to worry about here:) Didn’t they have over a hundred billion in cash reserves a while back? This seems significantly low compared to what it used to be. Mac revenue will be down next year but whenever they release the M3 on the 3nm node I think they’ll have another bumper year. Probably 2024. Also Apple Glass is coming next year. I can see uptake on that being a lot quicker than Apple Watch but all depends on pricing, especially going into a global recession. If it’s over a $1000 it’ll flop. If it’s $500 it’ll do well. Edit: looks like apples cash reserves peaked around 2019 at $107 billion dollars. https://www.macrotrends.net/stocks/charts/AAPL/apple/cash-on-hand https://www.macrotrends.net/stocks/charts/AAPL/apple/cash-on...

nomel 4y ago
> If it’s over a $1000 it’ll flop. If it’s $500 it’ll do well. I think we'll have to wait to see what the capabilities are. If it can replace an iPhone, $1000 would be incredible. $500 is only double the price of AirPods Pro, so functionality would have to be pretty limited.
- highwaylights 4y ago
  Maybe, but Apple Watch was a device you could buy on day one and be pretty confident in - at least in terms of what you were getting and that it would work for what it is. Apple Glass at $1k is not something I could buy day one even if I really liked the promo video. I'd need to see some reviews after weeks and how well the first version works before jumping in - I imagine a lot of people would feel that way - because it seems like something that could so easily just not quite work. (I don't mean not work in the full-of-bugs way, more like the it-was-a-better-idea-on-paper way).
  - deleted 4y ago
    [deleted]
- rcarr 4y ago
  I agree somewhat, in that if the capabilities are shown to be indispensable to achieving a person’s goals or the product becomes a new social norm like smart phones then people may be willing to spend that much. But the $1000 barrier is a steep one. There’s a lot of push back for that on phones as it is and they’re a practical necessity in modern society. It’s going to take a lot of time for Apple Glass to build up the ecosystem to the point where it meets that indispensable criteria and that time will only increase if there are less users on the platform due to high entry costs. I bought a 1st gen Apple Watch and ended up selling it shortly after because I just didn’t use it. The first gen was a pretty terrible product. It’s come on a long way but it’s only now with the Ultra watch that I’d consider buying again. That’s seven years and I’m a tech person. Your average guy in the street is less inclined to want to purchase.
colinmhayes 4y ago
I thought TSMC is taking 3nm to volume production starting Q4 22/Q1 23. Why would the 3nm mac processor be on hold until 2024?
- rcarr 4y ago
  I don’t think personally they will make the M2 Pro and Max MacBook Pros as 3nm as they’re due next month. I think you might see an M2 Ultra chip at 3nm for the new Mac Pro. I think they’ll wait a year before they release new M3 MacBook Airs and Pros which means you won’t see them appear until either end of 2023 or sometime in 2024. We might even end up in an odd situation where the iPad Pro gets the M3 before the laptops. Could be completely wrong though, just my speculation.
- virgildotcodes 4y ago
  I think because they haven't even announced the M2 14 and 16 inch Macbook Pros yet, which would be on TSMC 5nm like the rest of the M2s. Not to mention the mac mini, studio, and pro. It would just seem kind of weird for them to announce an M3 on 3nm within the next 14 months given that.
Maursault 4y ago
> looks like apples cash reserves peaked around 2019 at $107 billion dollars. Cash peaked in 2018 with twice that.

by rcarr 4y ago

nomel 4y ago

> If it’s over a $1000 it’ll flop. If it’s $500 it’ll do well. I think we'll have to wait to see what the capabilities are. If it can replace an iPhone, $1000 would be incredible. $500 is only double the price of AirPods Pro, so functionality would have to be pretty limited.

highwaylights 4y ago
Maybe, but Apple Watch was a device you could buy on day one and be pretty confident in - at least in terms of what you were getting and that it would work for what it is. Apple Glass at $1k is not something I could buy day one even if I really liked the promo video. I'd need to see some reviews after weeks and how well the first version works before jumping in - I imagine a lot of people would feel that way - because it seems like something that could so easily just not quite work. (I don't mean not work in the full-of-bugs way, more like the it-was-a-better-idea-on-paper way).
- deleted 4y ago
  [deleted]
rcarr 4y ago
I agree somewhat, in that if the capabilities are shown to be indispensable to achieving a person’s goals or the product becomes a new social norm like smart phones then people may be willing to spend that much. But the $1000 barrier is a steep one. There’s a lot of push back for that on phones as it is and they’re a practical necessity in modern society. It’s going to take a lot of time for Apple Glass to build up the ecosystem to the point where it meets that indispensable criteria and that time will only increase if there are less users on the platform due to high entry costs. I bought a 1st gen Apple Watch and ended up selling it shortly after because I just didn’t use it. The first gen was a pretty terrible product. It’s come on a long way but it’s only now with the Ultra watch that I’d consider buying again. That’s seven years and I’m a tech person. Your average guy in the street is less inclined to want to purchase.

colinmhayes 4y ago

I thought TSMC is taking 3nm to volume production starting Q4 22/Q1 23. Why would the 3nm mac processor be on hold until 2024?

rcarr 4y ago
I don’t think personally they will make the M2 Pro and Max MacBook Pros as 3nm as they’re due next month. I think you might see an M2 Ultra chip at 3nm for the new Mac Pro. I think they’ll wait a year before they release new M3 MacBook Airs and Pros which means you won’t see them appear until either end of 2023 or sometime in 2024. We might even end up in an odd situation where the iPad Pro gets the M3 before the laptops. Could be completely wrong though, just my speculation.
virgildotcodes 4y ago
I think because they haven't even announced the M2 14 and 16 inch Macbook Pros yet, which would be on TSMC 5nm like the rest of the M2s. Not to mention the mac mini, studio, and pro. It would just seem kind of weird for them to announce an M3 on 3nm within the next 14 months given that.

Maursault 4y ago

> looks like apples cash reserves peaked around 2019 at $107 billion dollars. Cash peaked in 2018 with twice that.