4 ms·

>Except for the fact the iPhone users spend 7x more on apps than Android users[1]. Sure, but rich people with frivolous spending habits are a finite resource.

>Except for the fact the iPhone users spend 7x more on apps than Android users[1]. Sure, but rich people with frivolous spending habits are a finite resource. After a while you run out of rich people you can monetize so your growth slows to a crawl. Who is richer? Toyota or Porsche?

shmatt 3y ago
From that same article it was 650 million active iphone users vs. 2.5 billion android I think Apple is *very* happy to be Porsche in this story
anileated 3y ago
> After a while you run out of rich people you can monetize so your growth slows to a crawl. Neat trick: create an ecosystem that genuinely helps your users live well & prosper, increasing their wealth so they can spend more money. It’s a circle of something!
jitl 3y ago
Toyota has about 4x the profit per second compared to Porsche, but at 36,996 employees compared to Toyota’s 375,235, I think I would rather try to build a Porsche shaped business which seems more sustainable and obtainable.
skywhopper 3y ago
Apple's not quite as upmarket as Porsche. But it doesn't really matter. We've already tested iPhone vs everyone else, and Apple has been winning for well over a decade. The unit count doesn't really matter. The profit is what matters, and Apple is making 80% of the profit with 20% or less of the units.
- sleepybrett 3y ago
  Apple is the VW<->Audi spectrum of the market. You can get whatever the Rabbit from the 90s has become (ipad/macbookair) all the way up to an a4 type (think mac pro tower).
_yb2s 3y ago
Toyota and VW (e.g. Porsche) go back and forth every few years as to which is the biggest/richest.
- FirmwareBurner 3y ago
  VW is a mass market brand in the same league as Toyota. Which si why I specifically restricted Porsche, and not the whole group of VW.
  - PaulHoule 3y ago
    If Porsche is relying on technology developed by VW then the profit numbers they post are inflated.
    - FirmwareBurner 3y ago
      Luxury/performance car brands like Porsche, Lambo, Ferrari, Rolls, Bentley, etc. can't exist stand alone, they just wouldn't be profitable enough if they had to develop everything in house. Hence why most of them brushed with bankruptcy and had to be bought out by bigger conglomerates that give them access to the supply chains and economies of scale the likes of VW or Fiat enable. It's how the famous Swedish SAAB went bankrupt. They were spending most of their budget on developing a decent media infotainment unit, instead of using a terrible already developed one form the GM parent company.
  - _yb2s 3y ago
    kind-of... When Ferdinand Piëch ran VW he turned it into a high end brand from the late 90s until 2010 or so, with quality actually higher than high end luxury brands at the time and some crazy high end models like the V10 twin turbo Touareg, and the W12 Phaeton. Even the Bugatti Veyron supercar, the fastest street legal car in the world at the time, was initially planned to be released as a VW model. Weirdly, VW was selling higher end models than the affiliated Audi/Porsche brands for a while. A spec'd out VW from that time period makes a high end BMW or Mercedes from that era feel really cheap. Even the cheaper models like the Beetle and Golf felt really high quality compared to just about any other car at the time. Customers couldn't really bring themselves to pay the high end luxury prices VW was charging for something with a VW badge, so they went back to making low end cars... the current VW lineup are again all pretty low end cars.

shmatt 3y ago

From that same article it was 650 million active iphone users vs. 2.5 billion android I think Apple is *very* happy to be Porsche in this story

anileated 3y ago

> After a while you run out of rich people you can monetize so your growth slows to a crawl. Neat trick: create an ecosystem that genuinely helps your users live well & prosper, increasing their wealth so they can spend more money. It’s a circle of something!

jitl 3y ago

Toyota has about 4x the profit per second compared to Porsche, but at 36,996 employees compared to Toyota’s 375,235, I think I would rather try to build a Porsche shaped business which seems more sustainable and obtainable.

skywhopper 3y ago

Apple's not quite as upmarket as Porsche. But it doesn't really matter. We've already tested iPhone vs everyone else, and Apple has been winning for well over a decade. The unit count doesn't really matter. The profit is what matters, and Apple is making 80% of the profit with 20% or less of the units.

sleepybrett 3y ago
Apple is the VW<->Audi spectrum of the market. You can get whatever the Rabbit from the 90s has become (ipad/macbookair) all the way up to an a4 type (think mac pro tower).

_yb2s 3y ago

Toyota and VW (e.g. Porsche) go back and forth every few years as to which is the biggest/richest.

FirmwareBurner 3y ago
VW is a mass market brand in the same league as Toyota. Which si why I specifically restricted Porsche, and not the whole group of VW.
- PaulHoule 3y ago
  If Porsche is relying on technology developed by VW then the profit numbers they post are inflated.
  - FirmwareBurner 3y ago
    Luxury/performance car brands like Porsche, Lambo, Ferrari, Rolls, Bentley, etc. can't exist stand alone, they just wouldn't be profitable enough if they had to develop everything in house. Hence why most of them brushed with bankruptcy and had to be bought out by bigger conglomerates that give them access to the supply chains and economies of scale the likes of VW or Fiat enable. It's how the famous Swedish SAAB went bankrupt. They were spending most of their budget on developing a decent media infotainment unit, instead of using a terrible already developed one form the GM parent company.
- _yb2s 3y ago
  kind-of... When Ferdinand Piëch ran VW he turned it into a high end brand from the late 90s until 2010 or so, with quality actually higher than high end luxury brands at the time and some crazy high end models like the V10 twin turbo Touareg, and the W12 Phaeton. Even the Bugatti Veyron supercar, the fastest street legal car in the world at the time, was initially planned to be released as a VW model. Weirdly, VW was selling higher end models than the affiliated Audi/Porsche brands for a while. A spec'd out VW from that time period makes a high end BMW or Mercedes from that era feel really cheap. Even the cheaper models like the Beetle and Golf felt really high quality compared to just about any other car at the time. Customers couldn't really bring themselves to pay the high end luxury prices VW was charging for something with a VW badge, so they went back to making low end cars... the current VW lineup are again all pretty low end cars.