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Apple becomes the first $1T company

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191–200 of 352 posts

Re: Apple becomes the first $1T company

#191
post #25

"A $600 phone?! Who's going to buy a $600 phone?!" -Steve Balmer

I worked in Windows Mobile at the time. He was just quoting what the best market researchers had told him. We were given a LOT of market research papers with in-depth customer surveys where lots of people said, repeatedly, that they would "never pay money for a phone". If you think back to then, phones were "free" with a 2 year contract. The idea of getting someone who was used to free to switch over to $600 overnigh…

The phones were actually free back then. There was no BYOD discount on any of the major networks.

The most I've ever spent on a phone was $200 for a Motorola Razer after damaging my first one before it was upgrade time.

Now I use a Moto G4 Play, and it's great. Why anyone would spend more than $200 on a phone unless there is a business requirement (ie, it makes you money) is beyond me.

Re: Apple becomes the first $1T company

#193
post #59

Earlier quoted context omitted.

the tax system should be made simpler... no loopholes (I know it is probably not easy to accomplish, but worth a try) ... because middle class can't afford to avoid taxes like the rich does it.

That's simply not possible. The IRS themselves state that "tax evasion" is illegal, but "tax avoidance" isn't. A "loophole" is the use of deductibles to lower the amount you pay in taxes, that you choose to try to get. For example, you could get lower taxes by "getting married", even if you're just friends you can get lower tax rates, etc. That's a "loophole". Are we supposed to prove they "really wanted to get marri…

>>For example, you could get lower taxes by "getting married", even if you're just friends you can get lower tax rates, etc. That's a "loophole". Are we supposed to prove they "really wanted to get married"? Now apply that to potentially all deductables.....

Ha ha ... What about a trillion dollar company paying less than 0.9% tax in countries where tax is minimum 13-19% ? Are we supposed to prove they really tried to evade tax? Or companies not paying any tax at all by siphoning profits through fictive loans in places where they pay little or no tax?

I'm not sure if you get this but the issue is not about someone getting married to get lower taxes(even though that would be illegal just like married someone to get permanent residency is illegal).

https://www.theguardian.com/business/2014/nov/05/-sp-luxembo...

Re: Apple becomes the first $1T company

#195

Earlier quoted context omitted.

We can still complain about their walled-garden approach to software distribution, particularly the extortionist 30% fee and handicapping of non-native apps. Or their kowtowing to the Chinese censors.

I don’t think you were around before the App Store. The carrier were a lot stricter about what you could sell through thier stores and the carrier took a 70% cut. Not to mention the cut the publishers, wholesellers, and the retail stores use to take when you sold boxed software. Their cut is the same as Google’s and Steams.

I was around. I had a flip phone from Boost mobile, and my ringtone was "Chain Hang Low!"

Re: Apple becomes the first $1T company

#196

Not yet https://twitter.com/ampressman/status/1025033219803103232 $AAPL needs to be $207.0425 to be $1T company

This one is actually correct. It tapped the $207.05 value briefly - see "Today's High" at https://www.nasdaq.com/symbol/aapl. That tweet is from a previous time earlier today, just after the markets opened.

Re: Apple becomes the first $1T company

#197
post #169

Earlier quoted context omitted.

I worked in Windows Mobile at the time. He was just quoting what the best market researchers had told him. We were given a LOT of market research papers with in-depth customer surveys where lots of people said, repeatedly, that they would "never pay money for a phone". If you think back to then, phones were "free" with a 2 year contract. The idea of getting someone who was used to free to switch over to $600 overnigh…

While phones were routinely 'free' or $99, iPods were wildly popular in 2007 and routinely cost $300+, and one of the three legs the iPhone stood on was being an iPod. It should have been a red flag back then if market researchers and the people that hired them didn't see this as a convergence of music player + phone markets; it was the point of the keynote ! I remember people complaining then that they had to carry…

It's easy to forget just how popular ipods were. I think you're right, that is a very important aspect of the original iphone.

Re: Apple becomes the first $1T company

#198

Earlier quoted context omitted.

I worked in Windows Mobile at the time. He was just quoting what the best market researchers had told him. We were given a LOT of market research papers with in-depth customer surveys where lots of people said, repeatedly, that they would "never pay money for a phone". If you think back to then, phones were "free" with a 2 year contract. The idea of getting someone who was used to free to switch over to $600 overnigh…

The phones were actually free back then. There was no BYOD discount on any of the major networks. The most I've ever spent on a phone was $200 for a Motorola Razer after damaging my first one before it was upgrade time. Now I use a Moto G4 Play, and it's great. Why anyone would spend more than $200 on a phone unless there is a business requirement (ie, it makes you money) is beyond me.

The phones were actually free back then.

No, the price was built into the contract. The few whack jobs that used a phone that they paid for outright got screwed because the model didn't even consider that.

Re: Apple becomes the first $1T company

#199
post #60

Earlier quoted context omitted.

That's tax they might generate , but most of that is not tax paid by Apple. Consumers pay sales tax and duties go right into the price of the products, employees pay income tax...

>That's tax they might generate, It's tax that would not have been paid if Apple did not exist. >and duties go right into the price of the products, And if the government said "Apple must now pay 50% on every dollar they make" guess what would go right into the price of the products... >employees pay income tax. Business owners must pay the federal government 6.2% of every dollar their worker makes until that annual…

You can also credit Apple for the companies that will never see the light because Apple had the tax advantage(not to mention some of its abusive practices towards competition/little guy)

Re: Apple becomes the first $1T company

#200

Earlier quoted context omitted.

There's a Henry Ford quote that's pretty popular at Apple - “If I had asked people what they wanted, they would have said faster horses.”

And another I recall, although not sure to whom it is attributed: "If you asked Porsche owners what they'd like to improve in the car, they'd all say more leg room, a bigger trunk, and better safety features. Congratulations, you just designed a Volvo."

Is that really what Porsche owners would say, though? I've owned a couple of Porsches in the past, and if you asked me, my answer would have been "MOAR...POWER. TIRES...MOAR STICKY." If I wanted a Volvo, I'd buy a Volvo.

Or maybe I didn't get the joke.

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