- Dec 22, 2011
Yes, thank goodness I or other "really smart guys" weren't around to try to talk Steve Jobs out of sticking a streaming stick inside of a TV. Or from buying... Toshiba. Oh my, where would the world be today if I had tackled Steve Jobs on the way into that "merger meeting"with TOSHIBA (that never happened)??? Do you even know anything about them and their problems? Toshiba, lol. You went there. If you did, you'd be laughing at yourself the way I am laughing at you. Anyway, we'd never have had... oh wait, Apple decided not to make TV's. Ever. They've even got back and forth on monitors for desktops. Barely interested. For all the reasons I stated and more. Because duh. But please, more incredibly innovative ideas. Keep them coming.
It's also adorable that you think Apple makes "desktop computers, laptops, telephones, tablets, headphones, and watches." Wrong. Apple makes desktop computers, laptops, handheld computers that oh, also have a telephone app (which apple is fighting tooth and nail to make obsolete btw) among other thousands of applications, slightly bigger tablet sized handheld computers that have thousands of apps, headphones (that have absurd margins, btw) that you plug into those iPhones and iPads, and computers that you wear on your wrist, that oh, like nearly every other device they make, can also tell you what time it is. You really think the iPhone is a... phone? Or that the Apple Watch is a watch? Man, I need to get on the other side of your trades.
They are an innovation, marketing and silicon company, that also creates software to make their universe more sticky to consumers. And thank god for the last 15 years in my portfolio, AAPL doesn't "burn" money. They strategically deploy it very carefully. Which is why outside of the incredibly high margin Beats headphones (which helped them with tech for the also incredibly high margin EarPods), which was as much an acquisition of personnel, patents and engineering as anything, and only cost $3B anyway, and Intel's modem biz (just $1B) which was another patent and engineering grab, Apple doesn't throw around or "burn" money to overpay for someone else's tech. They focus on R&D and while they make small acquisitions often in order to make their products better, they've always resisted the urge to make large purchases on companies with many parts that might not suit them. So no brah... no Toshiba or TVs lol.
The innovation will be in software and content. VR, interactive, content you can stream across all devices... not being bogged down with your Toshiba Apple vacuum cleaner idea lol. I've made plenty of bets in the space, too.
But hey, its funny to watch "really smart guys" act like they know something, underestimate the room and stick their foot in it. Good night.
Look, you are the worst kind of person to go on chat boards. You are a perverse combination of ignorant and arrogant. You remind me of this dork that lived on my hall in Eaton. He was, for no justified reason, an arrogant person who thought he knew more than everyone else. He was also fat, ugly, unfunny, and uncoordinated. We tortured that guy for fun.
But now guys like you and him have your (limited) revenge. You can sit at home, in anonymity, and snipe at people over the Interwebz. You are Comic Book Guy without the hot wife.
As is typical, you are one of those guys who, 4 years after a recruiting cycle, will tell us about all the guys Miami "should have signed". I laugh at your touting of Apple's acquisition of Beats, which you are NOW acting as if it was a "very careful" expenditure of money. Yet, at the time of the acquisition, EVERY analyst said that Apple spent way too much, and I'm sure you did too.
I laugh at your desperate attempts to mischaracterize what I said. I said that Apple and Amazon have money to burn, but I did not say that they would burn money by acquiring a TV manufacturer. Quite the opposite. As I cited with numerous examples, Apple has gone into areas where it SEEMED LIKE the hardware was a mere commodity, and they have elevated the "commodity" with innovation, apps, marketing, and a price premium. A prime example is the watch market. Sure, maybe people would pay a price premium for a Rolex that lasts for a lifetime, but who would have predicted that people would pay hundreds of dollars for what would be, essentially, a disposable watch that you replace with better tech every few years?
You're like Gary "Techno Beaver" Dell'Abate, calling the iPad "a bit of a miss". You have no imagination and can only compare new products to things that are already in existence.
But, sure, continue to mock my post. I don't care. It is clear by everything that Apple is doing that they believe TVs are something they should be involved in, and they are waiting (as they always seem to do) to jump in at the point when they can deliver an amazing product. NOT the "first" product, but the finest product. At a price premium, of course.
I remember in the 1990s, when "smart people" were saying that Apple should turn its computers into commodities that could compete with Gateway and Dell.
I remember in the 2000s, when "smart people" were saying that the iPhone was overpriced, boxy, too big, and a relatively duplicated product compared to the immensely successful iPod.
I remember in the 2010s when "smart people" were saying that the iPad was a "bit of a miss", that ApplePay would not work, that watches would not sell, that Beats by Dre were overpriced, and that Apple shouldn't get into providing content.
But, hey, you keep telling me how Apple's focus will be on "software". As they keep churning out HARDWARE like phones, watches, pads, computers, streaming devices, and headphones. And, soon, TVs.
Apple and Amazon have figured out how to keep offering more and more and more, while gobbling up market share, even in areas that SEEMED commodotized and unable to produce high profit margins. Mock the selling of "vacuum cleaners" while Amazon makes billions from selling vacuum cleaners. You're the nerdy dipsh!te from Palmetto for whom Jeff Bezos won't return your calls.
Dude, Cryptical Envelopment is getting a Dell!