Apple Reports Third Quarter Results • Hacker News Board

Re: Apple Reports Third Quarter Results

#101

Post by jarek » Wed, Jul 20, 2011, 2:52 AM UTC

tedunangst wrote: post #87

dvdhsu wrote: post #83

Earlier quoted context omitted.

It is interesting to note that the first Sony retail store wholly owned and operated by Sony opened in 1982 [1], way before the first Apple store in 2001 [2]. Although Sony had retail stores almost 20 years before Apple, their stores are not as popular, likely because of the lack of demand for their products. -------------------------------------- 1. http://en.wikipedia.org/wiki/Sony_Canada#Sony_Style 2. http://en.wi…

There's a Sony store in New York on Madison Avenue. It closes at 7pm. In New York. A few blocks away there's an Apple store that does not close . Ever.

Christmas Day?

Re: Apple Reports Third Quarter Results

#102

Post by jarek » Wed, Jul 20, 2011, 2:59 AM UTC

hackermom wrote: post #34

Bombastic numbers as usual. So, when can I get an MB Pro 13" with an up-to-par screen resolution? :)

Realistically, when OS X gets resolution independence Steve likes. So, not until the next OS after Lion at the earliest.

Re: Apple Reports Third Quarter Results

#103

Post by tedunangst » Wed, Jul 20, 2011, 3:09 AM UTC

jarek wrote: post #101

tedunangst wrote: post #87

Earlier quoted context omitted.

There's a Sony store in New York on Madison Avenue. It closes at 7pm. In New York. A few blocks away there's an Apple store that does not close . Ever.

Christmas Day?

Open. http://www.apple.com/retail/fifthavenue/

Re: Apple Reports Third Quarter Results

#104

Post by eevilspock » Wed, Jul 20, 2011, 3:13 AM UTC

Anechoic wrote: post #11

20.34 million iPhones in the quarter comes out to about 225,000 iPhones sold per day. Google recently announced 500,000 Android "activations' Android per day. So Android still has the market share advantage?

Hyundai has a larger market share than Audi. Coors has a larger market share than Guinness. Does that mean they won?

Which has bigger share doesn't matter, as long as each grows and has enough critical mass to sustain their ecosystems and developers. There's room for both. Isn't it the Android fans that bring up choice all the time?

Re: Apple Reports Third Quarter Results

#105

Post by elithrar » Wed, Jul 20, 2011, 3:59 AM UTC

aforty wrote: post #93

aeontech wrote: post #70

Earlier quoted context omitted.

command-shift-n to create a new folder even in a save dialog. command-shift-g to quickly go to a filesystem path (supports tab completion. It's unix filesystem, so ~/ == your home directory. ~/Doc[tab] will take you to your Documents folder, etc). As for speed - RAM upgrade and an SSD make all the difference in the world (as they would for windows as well). Oh, also, if you're new to the mac, you might need some of t…

Don't forget: Native shortcuts to take various screenshots (unrelated to anything, but so useful and cool): http://guides.macrumors.com/Taking_Screenshots_in_Mac_OS_X * Sparrow http://sparrowmailapp.com/ - Gmail done right * TextWrangler http://www.barebones.com/products/textwrangler/ - Best text editor, for any purpose and free * Pixelmator http://www.pixelmator.com/ - Mac equivalent of Paint.NET except it's not fre…

Paintbrush makes for a good free image editor (http://paintbrush.sourceforge.net/) — I use Pixelmator as an almost-Photoshop replacement, but the former is good if you want something really light.

Re: Apple Reports Third Quarter Results

#106

Post by mnutt » Wed, Jul 20, 2011, 4:14 AM UTC

aforty wrote: post #93

aeontech wrote: post #70

Earlier quoted context omitted.

command-shift-n to create a new folder even in a save dialog. command-shift-g to quickly go to a filesystem path (supports tab completion. It's unix filesystem, so ~/ == your home directory. ~/Doc[tab] will take you to your Documents folder, etc). As for speed - RAM upgrade and an SSD make all the difference in the world (as they would for windows as well). Oh, also, if you're new to the mac, you might need some of t…

Don't forget: Native shortcuts to take various screenshots (unrelated to anything, but so useful and cool): http://guides.macrumors.com/Taking_Screenshots_in_Mac_OS_X * Sparrow http://sparrowmailapp.com/ - Gmail done right * TextWrangler http://www.barebones.com/products/textwrangler/ - Best text editor, for any purpose and free * Pixelmator http://www.pixelmator.com/ - Mac equivalent of Paint.NET except it's not fre…

Regarding the screenshots, I find that 90% of the time I'm taking screenshots it's to show somebody something, so I really like CloudApp. (getcloudapp.com) You do the usual shift-cmd-4, but instead of copying the screenshot to the clipboard it uploads it to their service and copies a link to the clipboard. On top of that, their site is really clean.

Re: Apple Reports Third Quarter Results

#107

Post by jarek » Wed, Jul 20, 2011, 4:22 AM UTC

rexf wrote: post #42

hackermom wrote: post #34

Bombastic numbers as usual. So, when can I get an MB Pro 13" with an up-to-par screen resolution? :)

A matte screen without having to choose an upgrade on the 15" MBP please.

Would you like an ExpressCard slot with that?

Re: Apple Reports Third Quarter Results

#108

Post by gms » Wed, Jul 20, 2011, 4:55 AM UTC

Anechoic wrote: post #11

20.34 million iPhones in the quarter comes out to about 225,000 iPhones sold per day. Google recently announced 500,000 Android "activations' Android per day. So Android still has the market share advantage?

Depends on how you define 'activations'. The strange wording is a strong hint that it doesn't exactly mean consumer sales.

Re: Apple Reports Third Quarter Results

#109

Post by jacques_chester » Wed, Jul 20, 2011, 4:59 AM UTC

offshore_guy wrote: post #96

I think we need a windfall tax on Big Apple.

Will you offset the windfall tax with payments when Apple makes losses?

Re: Apple Reports Third Quarter Results

#110

Post by kcg » Wed, Jul 20, 2011, 5:05 AM UTC

ChuckMcM wrote: post #77

lancewiggs wrote: post #20

Earlier quoted context omitted.

their $75 billion in cash and negotiable securities compares with eBay's July 19th enterprise value of $37.5 billion, Microsoft's $188 billion, Sony's $28.5 billion and Google's $160 billion. They could buy eBay or Sony for cash. Enterprise value is market capitalization (value of all the shares) less debt. Apple's was $316 billion on the same date. Note - Apple is great at making awesome products, and most likely lo…

Does enterprise value consider the uplift of actually paying cash? At $33.75 [1] EBAY has a market cap of just under $44B but to actually buy the company for cash and get everyone to tender their shares you would probably have to pay $80B+ and that would not include assumption of debt. I guess I don't get how EBAY is valued at less than their market cap. [1] http://www.google.com/finance?q=NASDAQ:EBAY

As mentioned below, enterprise value is generally calculated as equity value + debt - (excess) cash. Ebay has approximately $5 billion more cash than debt, so its EV is less than its market cap.

One way to think about why cash is subtracted is that the acquirer gets to keep it. If I pay $10 billion for 100% of a company's shares, but get to keep the $1 billion in cash on the balance sheet, then the actual price of acquiring the company is only $9 billion (assuming no debt). With enough cash, it is possible to have a negative enterprise value.

EV is usually calculated with the current equity value, as that is what the market "believes" the company is worth. If an acquirer comes along and wants to purchase all of the shares at a premium, you can find an implied EV from the offer price.