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Apple reports Q3 results

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Re: Apple reports Q3 results

#241

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>I would say that Apple has to work harder to get users to willingly depart with their cash. Actually, it's often the opposite. In the Boston area, the Apple Stores are always packed while the Microsoft Store (now closed) was usually mostly empty in the high-end mall across the street from the stand-alone Boylston Street Apple Store. Price isn't the primary factor for many people, especially younger people. First, th…

> Actually, it's often the opposite. In the Boston area, the Apple Stores are always packed while the Microsoft Store (now closed) was usually mostly empty in the high-end mall across the street from the stand-alone Boylston Street Apple Store. We know that anecdote says nothing. The only thing that the Microsoft store and Apple store sell in common are computers and Mac marketshare is around 10%. It’s not even close…

If price weren’t the determining factor, the average iPhone buyer wouldn’t live in a household in the US with A 40% higher income.

I can tell you based on where I live and who I work with, there are many people who are low and moderate income who own iPhones now.

They don’t buy their phones outright like some people do; they usually can’t drop $1000 in one go on something that’s not their rent.

However, low and moderate income people can pay $10 or $20 a month for the phone while using prepaid services.

To be blunt, that’s why poor inner city kids can rock very nice iPhones.

An iPhone SE is $200 on a carrier deal; it’s a better phone than anything else in that price range that low and moderate income people can afford.

Re: Apple reports Q3 results

#242

Wow, iPad revenue up 31% YoY after being down ~10% in the last few quarters. Similar numbers to a Q1 (holiday season). I guess it makes sense that the tablet form factor is popular when so many people are indoors. Also, services revenue grew YoY but it’s the first time it didn’t grow QoQ in a long time, so it seems to have stagnated. Services include a lot of recurring revenue so they should be consistently growing Q…

My guess for this is the fact that they have a fantastic entry level iPad at a very low price. It's basically the cheapest entry point into the Apple ecosystem at ~$300 (often discounted to $250). And they've shown they're happy to hold this price with the new iPad they released last year as well. Considering iPadOS and support for Pencil, it's a pretty good deal, and I can imagine its bringing a lot of people in.

Picked up this exact one, maxed out the storage but WiFi-only, with an Apple Pencil. It hasn’t obviated my laptop which I do entirely different work on, but it has almost completely obviated my phone since I can route calls through it. I was planning to buy a new phone this year, but seeing as how it gets about 5 minutes of weekly active usage on average since I bought this iPad, which is like 99% camera and 1% Apple Pay, don’t think there would be much point in that.

This has also replaced paper notebooks for me which is what I bought it to do, and I had a pretty sizable book collection on my phone which has been shunted over.

Re: Apple reports Q3 results

#243

Earlier quoted context omitted.

> Are these things actually luxury goods? I have a lot of trouble characterizing tools as luxury goods. I don't consider my Dewalt tools "Luxury Goods" and they cost roughly twice what basic Harbor Freight tools cost. You pay for longevity and performance. It's no different with phones/ tablets/ computers. If you want a phone or tablet that lasts 4+ years there is only one brand that offers that kind of device life.…

>You pay for longevity and performance. It's no different with phones/ tablets/ computers. If you want a phone or tablet that lasts 4+ years there is only one brand that offers that kind of device life. I still have my samsung after 5 years. I'm not sure why you'd consider it the only brand.

[deleted]

Re: Apple reports Q3 results

#244

Earlier quoted context omitted.

> Are these things actually luxury goods? I have a lot of trouble characterizing tools as luxury goods. I don't consider my Dewalt tools "Luxury Goods" and they cost roughly twice what basic Harbor Freight tools cost. You pay for longevity and performance. It's no different with phones/ tablets/ computers. If you want a phone or tablet that lasts 4+ years there is only one brand that offers that kind of device life.…

>You pay for longevity and performance. It's no different with phones/ tablets/ computers. If you want a phone or tablet that lasts 4+ years there is only one brand that offers that kind of device life. I still have my samsung after 5 years. I'm not sure why you'd consider it the only brand.

Which Samsung phones are they still providing security and OS updates to on a regular basis?

Re: Apple reports Q3 results

#245

Earlier quoted context omitted.

> For the majority of users (you don't fall into this category, fellow Hacker News reader), the capabilities of iPadOS are quickly approaching that of macOS. Huh wow, I haven't thought about iPads for a while, but apparently they even added multiple windows (predictably, 5 years late). That's probably the biggest blocker I considered that made tablets a toy even for laymen users (you hardly need to be a leet haxorz t…

On iPadOS you pretty much do need to be a leet haxor to use multiple windows, it’s a complicated mess involving swipes that’s totally undiscoverable

Ah, thanks for the info. An unintuitive UI is also entirely predictable for Apple, but I was actually saying that you don't need to be a leet haxor to use multiple windows on a desktop; ie even laymen wouldn't find a window-less mobile/tablet OS to be a replacement without that feature.

Re: Apple reports Q3 results

#246

Earlier quoted context omitted.

A confusing and incorrect comment all around. Exchanges do not receive or handle GTC or GTD orders, see for example the NYSE pillar spec.[1] Broker-dealers handle stock splits and the behavior varies according to your broker. Some brokers will request the broker-dealer cancel all orders back, but most brokers allow limit prices to be adjusted for orders "below the market" (buy limit orders and sell stop orders). The…

or you know, your wrong:) https://www.nasdaqtrader.com/content/ProductsServices/Tradin... it is true the the NYSE eliminated GTC orders. That just means you can't use them on NYSE, which doesn't affect my point:) You'll have to flesh out your point more if you still feel like you have one:) Given that I've written more than one trading systems for a living, I'm going to take my 20 years of experience over a random in…

I work for a large wholesaler and wrote the code that handles client GTC orders for on behalf of pretty much every brokerage in the US. Whatever your experience is, it's no longer correct. NASDAQ stopped accepting GTC orders in 2015, before NYSE.

Here is the specific rule relating to adjusting the price of open orders: https://www.finra.org/rules-guidance/rulebooks/finra-rules/5...

Re: Apple reports Q3 results

#247
post #223

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The pandemic definitely pushed me to get an iPad. Since my primary source of income is in tutoring in math/CS, being able to draw diagrams with accuracy and share those drawings live with my students has been extremely valuable. Before all this, most of my income was from in-person clients where I could simply grab a piece of paper and pen and draw, now I'm 100% online.

What iPad app are you using for this? And do you also have an Apple Pencil? I also do some math online tutoring, and what I’ve been doing is connecting my iPhone to my Mac, mirroring the iPhone screen on the Mac, and sharing that screen during a Skype call. Then I can use the camera app on the iPhone (mounted on a little tripod) to look down on a piece of paper that I write/draw on. I considered getting an iPad, but…

I use Flow on the iPad by Moleskine Studios, it's priced on a subscription (reasonably priced, albeit a little annoying) but a wonderful drawing app. I use an Apple Pencil with it.

I like the ability to easily export documents and send them to my students, as well as the freedom you get with a digital whiteboard––you can drag and manipulate individual pieces of your sketch as if they were magnets on the board in a traditional setting.

The Pencil definitely does not feel like using a regular pen, but it's rather similar to writing on a whiteboard and is rather comfortable to use (you get palm-blocking and everything). If you use the first-party Notes app, you also get automatic handwriting recognition and indexing in iPadOS 14.

Assuming they're currently accepting returns given the pandemic, Apple has a relatively reasonable return policy – 14 days for a full refund provided you repackage everything, so if you find you don't like it you can just return it.

Re: Apple reports Q3 results

#248
post #226

Earlier quoted context omitted.

The pandemic definitely pushed me to get an iPad. Since my primary source of income is in tutoring in math/CS, being able to draw diagrams with accuracy and share those drawings live with my students has been extremely valuable. Before all this, most of my income was from in-person clients where I could simply grab a piece of paper and pen and draw, now I'm 100% online.

Is that Computer Science at tertiary/undergraduate level? Or something else? If it is, is that common?

Most of my students are in high school (9-12 grade, age 14-18) during the school year. In the summer, I see more 1st and 2nd year college students since a lot of summer classes are at 2x speed and right now they're predominantly online.

Many high school students have access to CollegeBoard's AP Computer Science Principles and AP Computer Science A programs, which expose students to fundamentals of computing and Java respectively (Principles is more focused on the _concepts_ of programming–sequential instructions, working in teams, etc., while CS A is focused on writing working Java). I've worked with students who do not have access to these classes at their school as well, working with them through a self-study curriculum.

Occasionally, I'll also see middle school students (6-8 grade, age 11-14) who have (or whose parents have) expressed interest in learning to code. I usually work with these students in Scratch then Python, depending on their skill levels, as some schools are even teaching programming classes.

I also get some requests from elementary students, but generally decline those.

Re: Apple reports Q3 results

#249
post #226

Earlier quoted context omitted.

Is that Computer Science at tertiary/undergraduate level? Or something else? If it is, is that common?

Most of my students are in high school (9-12 grade, age 14-18) during the school year. In the summer, I see more 1st and 2nd year college students since a lot of summer classes are at 2x speed and right now they're predominantly online. Many high school students have access to CollegeBoard's AP Computer Science Principles and AP Computer Science A programs, which expose students to fundamentals of computing and Java…

Thanks!

Re: Apple reports Q3 results

#250
post #109

Earlier quoted context omitted.

600 a week is 2400 a month, which way over any entry level salary in Europe. $2,400/month is the legal minimum wage in some cities. ($15/hour)

I believe EU salaries are usually discussed after-tax, so 2400 / month take-home pay. That is probably the main confusion here.

No, thats not what im talking about here.
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