141–150 of 541 posts
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There's an argument to be made for one or all of Microsoft, Tesla, and Google to be included in there (I'm not calling them Alphabet and I'm not calling Facebook Meta I don't care how much you pay me).
The current nomenclature is Microsoft-Apple-Google-Amazon (MAGA).
I can't think of another company that has had such a stunning turnaround for a product line that was nearly headed the way of many other hardware vendors (some of whom made pretty good products, I had a NEC back in the day and it was a good machine).
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Almost every adult in the developed world needs a smart phone. They replace these devices about every 2-3 years. Apple makes one of the best in class of these devices, and has successfully designed one such that it's hard to switch to a competitor (rather it's easier to stay in the ecosystem). They've convinced about a billion people on the planet that the iPhone is the best device for them, so if you split that into…
> They replace these devices about every 2-3 years. Some people do, but definitely not “almost every adult in the developed world”.
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It's amazing. I sometimes wonder what value these people see in this stuff. I guess I just "think different" as nothing that Apple offers is compelling to me in the slightest way. Yet one can't deny the reality.
Even Linus Torvalds uses a MacBook now. I just can’t find nicer machines out there.
Holy moly, the Mac keeps growing like crazy. It’s amusing how Apple wanted the iPad to disrupt the Mac but the advent of M-Series chips on the Mac has really nipped that ambition in the bud.
I remember when I got my first Retina laptop screen, it was nice but I quickly just got used to it. Then, I found myself using the earlier machine, without the high DPI. That learned me. It was hard to imagine all the work I'd done staring through a screen door at those pixels. Similarly, I've been using the M1 MPB since I got it. I only remember that it never makes noise when I'm reminded of it, such as in this conv…
I've had to rip the dGPU out of the machine and cut the fan thresholds back to virtually nothing just to make the machine tolerable now. A lot of what Apple does is stuff you don't need, but it definitely spoils you.
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You mean AAG? :) both Facebook and Netflix have slid dramatically from their prior glory.
There's an argument to be made for one or all of Microsoft, Tesla, and Google to be included in there (I'm not calling them Alphabet and I'm not calling Facebook Meta I don't care how much you pay me).
Annual revenue of $394 billion, more than a billion a day. Not the first company to do it, though. Exxon did it in the 2000s when oil was up to $140, and I think Walmart did it, too.
Their numbers seem utterly unreal to me. How on earth do you sell $205 billion worth of just a single product (iPhone) every year? This is simply the greatest business to have ever been created. I can't imagine anything else ever topping it. The margins AND the volume are both insane.
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Their numbers seem utterly unreal to me. How on earth do you sell $205 billion worth of just a single product (iPhone) every year? This is simply the greatest business to have ever been created. I can't imagine anything else ever topping it. The margins AND the volume are both insane.
Almost every adult in the developed world needs a smart phone. They replace these devices about every 2-3 years. Apple makes one of the best in class of these devices, and has successfully designed one such that it's hard to switch to a competitor (rather it's easier to stay in the ecosystem). They've convinced about a billion people on the planet that the iPhone is the best device for them, so if you split that into…
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It is, but it didn’t used to be. Way back at the dawn of the smartphone era I was working in consumer telco here in Aus, and half of my day was spent making sure people kept their data between phones. Even going from one android phone to another wasn’t a great guarantee, and for iPhones we used to have a computer to take a backup via the 30-pin. These days cloud backups and the like make it pretty simple on both oper…
I’ve had an iPhone since the original 4G. It’s always been an easy transfer. I have voice memos that have migrated since that very first one.
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Their numbers seem utterly unreal to me. How on earth do you sell $205 billion worth of just a single product (iPhone) every year? This is simply the greatest business to have ever been created. I can't imagine anything else ever topping it. The margins AND the volume are both insane.
I don't know if the number comes anywhere near the truth, but if for the sake of the idea imagine that the average iPhone costs $750 USD then $205 billion USD worth of iPhones is around 273,000,000 units. That means there is about 750,000 iPhones sold every day, or 31,250 iPhones sold every hour.