Housewives On Trial In China For Smuggling In iPhones 150
Quillem writes "Last year, Hong Kong residents were finding it hard to get their hands on the latest Apple iGadget even though supply was plentiful. An investigation revealed that most of the iPhones and iPads that made it into HK were being smuggled sans import duties into mainland China—where the devices were yet to be released—by housewives who were paid around USD 6 per smuggled gadget. Earlier this week, 25 of the suspected smugglers went on trial in Shenzhen city."
Eh? (Score:5, Funny)
How do you smuggle in crap made in your country?
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Taxes, and carrier contracts. It's extremely common for luxury goods to be sold cheaper in Hong Kong than in mainland China. They are also more likely to be authentic.
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This is a very common practice. Not just iPhones, but all kinds of electronics are being smuggled from Hong Kong to China. Regularly I hear about police intercepting a smuggling attempt, usually larger volumes of PCBs, computer chips, hard drives, and other components being smuggled to the mainland.
This has to do with taxes. Electronics, particularly expensive stuff, is smacked with a "luxury tax" of like 20% on sales value (I forgot the exact number), plus of course a VAT. So an electronic device produced
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How do you smuggle in crap made in your country?
And for $6/piece, risking time in a Chinese prison?
Sounds VERY desperate-
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Millions won't agree with you calling iPhone "crap". For the smuggling, the reason is that these products are made primarily from imported components; China makes the least valuable parts and does the assembling of the final products. The values added by Chinese companies are very low, like 10%. The imported components are not taxed because the products are for export. (This is also why China insists the trade deficit with the US is not that high since it is really the trade deficit between US and the rest
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These are Apple phones we're talking about.
They'd be taking 'em up the ass, just like every other Apple customer.
Re:Eh? (Score:4, Funny)
The way your dad looked at it, this watch was your birthright. He'd be damned if any slopes gonna put their greasy yellow hands on his boy's birthright, so he hid it, in the one place he knew he could hide something: his ass. Five long years, he wore this iphone up his ass. Then when he died of dysentery, he gave me the iphone. I hid this uncomfortable piece of glass and aluminium up my ass for two years. Then, after seven years, I was sent home to my family. And now, little man, I give the iphone to you.
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You forgot the year the kid kept that damned thing in a jar of rubbing alcohol before he'd put it near his face.
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In their vagina's.
Perhaps you mean "iGina's® "
(Be careful, Apple just filed the patent on these: U.S. Pat.# 15198489 "...any indentation, pocket, cave, invagination, hole, inclusion, or concavity, made of any material, or found in any location, on any object, location, person or animal, whether produced by natural process including, but not limited to, erosion, evolution, tectonic movement, and/or by any artificial means, additive or subtractive manufacturing, fabrication, machining...")
Re:Eh? (Score:4, Funny)
with rounded corners
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They ran out of room for the Retina Display...
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and the iPad
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It's also possibly worth mentioning that Chinese nationals require a visa to visit HK (while many folks who aren't, don't), and that you must clear PRC and HK Customs whenever crossing between the two territories.
Craps? (Score:2)
I wonder why so many people are buying the craps in the first place.
I mean, those craps don't come cheap, y'know?
No, I ain't using any Apple devices, my last Apple device was Apple Macintosh.
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I wonder why so many people are buying the craps in the first place.
Because their opinion is obviously different than yours.
What's that I smell? (Score:5, Insightful)
Ah, roast scapegoat...
Talk about clickbait headlines... tfa says it's an $80,000,000 smuggling ring that's been busted...
This isn't some little old ladies smuggling a few iPhones in their suitcase for the price of a meal...
Housewives??? (Score:2)
Correct title:
Criminals On Trial In China For Smuggling In iPhones
Smuggling (Score:2)
Smuggling is not a crime. Import duties are!
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It was more like 10 cheap meals for this farang (who's not afraid of eating something that doesn't look like a hamburger).
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It was more like 10 cheap meals for this farang (who's not afraid of eating something that doesn't look like a hamburger).
McDonald's?
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It was more like 10 cheap meals for this farang (who's not afraid of eating something that doesn't look like a hamburger).
McDonald's?
1. Give me a break--I didn't go to Thailand to eat at fucking Macca's, matey.
2. McDonald's in Thailand and China charge Western prices. Heaps more expensive than the local cuisine in either country.
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18 baht meals? Guessing that was a long time ago... I had a 30 baht khao kha moo an hour ago and I'm already hungry again...
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When I stayed there in '06, it was 21 baht for lunch at the Chicken Noodle Lady's cart (next to the Carre-Four Building on Sukhumvit Soi 77 in BKK), 22 baht if you wanted a bottled water with it.
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Actually, I live in Sweden.
But even if I did live in Thailand, exactly who would you be to judge me or my motives without knowing a damned thing about them?
Go fuck yourself, and the presumptuousness you rode in on.
Another Fluff Peice (Score:5, Insightful)
Seriously I can't help feeling like Apple propaganda is kind of sad now they are irrelevant. The iPhone is a failure in China and in current news its market share [as everywhere] is dropping YOY [its irrelevant] from 5.8% and by quarter from 6.0 down to 4.2 unlike Android which has gone YOY 46.8% and by quarter 82.8% to 90.1%...Android is outselling Apple 21:1
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Aren't the facts rather that yes, Android is on most cheaper smartphones, hence they sell a lot in total, but Apple still has a good grip (and profitability) on the high end market.
I think you can compare Apple to a car manufacturer like BMW. Generally well designed and made, often pointing the way forward, indeed relatively small compared to a mass maker like Toyota yet financially healthy.
Re:Another Fluff Peice (Score:4, Interesting)
I think you can compare Apple to a car manufacturer like BMW.
Enough with the marketing crap. Android phones at the at an average price of 1293 yuan are about $236 you get an Android Phone that has measurably better hardware than an iPhone for that money and subjectively better software [I would say years ahead]. Maybe you should pick on of these http://en.wikipedia.org/wiki/List_of_defunct_automobile_manufacturers_of_the_United_States [wikipedia.org]
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Better how?
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Better how?
Better in any way you like, really. Want a big screen? Android has that. Like a small screen instead? Android has that too. Like a massive battery? Android has that. Like a powerful processor? Android has that. Keyboard? Check. Candybar with touch screen? Check. Waterproof flip phone? Check. Droid stick for 50 bucks? Check. Tablet for $50? Check. Camera with 21x optical zoom? Check.
What is important to you?
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Care to find an Android phone that benches higher than an iPhone 5? But what if I want a mll screen ith a powerful processor?
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Enough with the marketing crap. Android phones at the at an average price of 1293 yuan are about $236 you get an Android Phone that has measurably better hardware than an iPhone for that money and subjectively better software [I would say years ahead].
I'm a little late to the party but I think this is an important point to rebut and emphasize the quality of Apple products.
Back in August I was riding my bicycle in the Presidio, coming down McDowell Avenue between 15 and 20 mph. If you know anything about the Presidio, you know the roads are very steep.
My iPhone was in an armband case on my left arm and when I rode over some oil on the road and I went down. Hard. On my left side. My iPhone glass was cracked and the right edge which led the impact into the
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Say what you will about marketshare, but I seriously doubt there is another phone on the market that can survive an impact like the one I had and continue working.
Off the top of my head, Xperia Go [youtube.com] is very durable. Casio commando too. Heck, I've even seen people do things that made me cringe with high end phones like the One X. [youtube.com] Plenty of rugged Androids out there. They will not only keep working, but they'll look good doing it.
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And how much of the Android market constitutes such devices? There are probably many Android devices that are far closer to what was available in the US years ago. I suspect that these sell for for less than 1293 yuan and are more common.
90.1% that is kind of the point. In the fastest *growing* market in the world. So no not old Androids new Androids. :)
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A phone using such a design could be manufactured and sold for far less than 1293 yuan. Something like a Nexus One with Android 2.1 rather than a Nexus 4 running Android 4.2.
Lenovo P770 which is around 1300 yuan has a 4.5"display with qHD resolution, a 8 mega-pixel rear camera; 12Hhx dual core processor, 1GB of RAM and Android 4.1.1 and a 3300MAh!? camera
Seriously what are you talking about!!
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I sincerely hope you aren't the previous AC in that discussion. Otherwise you're simply using a typo to change the discussion.
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If people just wanted to make calls, then Nokia would still be top of the heap.
That's obviously not the case.
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I think you can compare Apple to a car manufacturer like BMW. Generally well designed and made, often pointing the way forward, indeed relatively small compared to a mass maker like Toyota yet financially healthy.
Hmm not sure if that fits. In Europe, BMW out-sells Ford and Toytoa ( individually ) in the mid-sized sedan market and has done so every year since 2006.
BMW is mass market and has shifted from sporting saloons to executive cruisers.
Some people actually rate the Ford Mondeo as a better-handling car than the 3-series.
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Aren't the facts rather that yes, Android is on most cheaper smartphones, hence they sell a lot in total, but Apple still has a good grip (and profitability) on the high end market. I think you can compare Apple to a car manufacturer like BMW. Generally well designed and made, often pointing the way forward, indeed relatively small compared to a mass maker like Toyota yet financially healthy.
Aaaaaaand history repeats itself again. That is the exact same line of BS I heard a million times (and probably repeated a few times myself) back in the late 90s when Windows was busy being the industry leader and Apple had nearly disappeared into irrelevance.
I've got news for you: It only gets worse for Apple from here. Sell while you can.
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Seriously I can't help feeling like Apple propaganda is kind of sad now they are irrelevant. The iPhone is a failure in China and in current news its market share [as everywhere] is dropping YOY [its irrelevant] from 5.8% and by quarter from 6.0 down to 4.2 unlike Android which has gone YOY 46.8% and by quarter 82.8% to 90.1%...Android is outselling Apple 21:1
No, not quite. It's not that the iPhone is a failure in china, it's the fact that the iPhone is not available on the top carriers in china. It would be like if the iphone was only available on tmobile in the US, except theres 5x more people in China than the US. Besides, most sales doesn't mean best: McDonalds is the top selling restaurant in the world, doesn't mean they sell the best food.
Android is like BMW (Score:2)
It's not that the iPhone is a failure in china
Its exactly a failure in China, Android is outselling Apple 21:1 however you spin it. These are not people tied into 2 year contacts.
As for you comparing McDonalds to "Android" shame on you. These are on average 1393 yuan phones for that price you get measurably better hardware, and arguably better software. Its more popular because its *better value* not *cheaper* which is why Android share is increased to 90.1% and Apples has dropped to 4.2%. Maybe Apple should lose some of that ridiculous mark-up.
Re:Another Fluff Peice (Score:4, Insightful)
The iPhone is a failure in China and in current news its market share [as everywhere] is dropping YOY [its irrelevant
A lot of things are failures in China. Google is a failure in China. Facebook is a failure in China. Does this mean google and Facebook are irrelevant too? If you did world wide market share of social media or search engines I bet you'd discover that whatever is popular in China ends up having the most market share because china has almost 5x more people than the US
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Google is a failure in China
No Google took the high ground in China, as its computers were hacked and they demanded too much control [User Information] The reality is though the iphone even worldwide is being outsold 5:1 by Android its just just a bigger failure in China being outsold 21:1
Re:Another Fluff Peice (Score:5, Interesting)
Come on. Not to defend Apple as such, but how can you call being outsold 1:5 a failure when you have one single model competing with hundreds of other models? When you compare model to model I wouldn't be surprised iPhone is the nr 1 selling phone model at a distance. Samsung is the only one that may rival them, they have some really well selling models. And in the Android world there are new models available almost every single day, while Apple has a new model maybe once a year.
In China it's even more so. When it comes to mobile phones, the US market is highly controlled and restricted, the China market is open. Yes, you heard that correctly: communist China's market is much more open than capitalist US's market. In China, like most of the rest of the world outside the US, you buy a phone, and then you buy a subscription to a network. They don't come bundled. So it's much easier for newcomers to put a model on the market - they don't need to care about having a carrier's blessing. This results in immense competition, pushing down prices.
And because no-one other than Apple can use iOS on their phones, they all opt for the Android option. Many would likely want iOS if it were available. Many would possibly even use Microsoft's offering if it were as cheap and customisable as Android.
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Come on. Not to defend Apple as such, but how can you call being outsold 1:5 a failure when you have one single model competing with hundreds of other models?
Its like cheating somehow!? The Samsung Galaxy III has sold more than the iPhone on its own. Although I do not think it is somehow cheating to sell more than one phone lol.
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When it comes to mobile phones, the US market is highly controlled and restricted, the China market is open. Yes, you heard that correctly: communist China's market is much more open than capitalist US's market. In China, like most of the rest of the world outside the US, you buy a phone, and then you buy a subscription to a network. They don't come bundled. So it's much easier for newcomers to put a model on the market - they don't need to care about having a carrier's blessing.
You can do the same thing here in the U.S on GSM carriers (AT&T and T-Mobile being the big ones). You don't need the "carrier's blessing" to put any phone on their network. Now for whatever reason most people seem to prefer subsidized phones but that's a different matter.
But it's still the free market at play, not some nefarious "control & restrictions". Anyone can buy a top of the line Android phone for $300 and use it contract free on whatever network they choose. If more people did that then you'
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Android is replacing Symbian, not iPhone. Really, look at the numbers. In China, people wish for an iPhone, but settle for an Android. That could hurt them eventually, but not now.
Your absolutely right Apple was never a success in China. Its simply more of failure now. Can we stop the bullshit that people wish for an iPhone, people are choosing Android over Apple worldwide at 5:1, with 70% of sales vs Apples 15%. Apple simply is irrelevant to the smartphone market.
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More Defuct that Stallion (Score:2)
Ferrari or Mercedes are irrelevant in the auto world because Ford outsell them "21:1 (or more)"
Ferrari does not have to attract developers for its neiche market; Ferrari does not have to compete that have better hardware and software than it at better value; Ferrari doesn't have to rely on that market share to make deals with publishers, attract a 3rd party hardware ecosystem.
lets face it Apple is more http://en.wikipedia.org/wiki/List_of_defunct_automobile_manufacturers_of_the_United_States [wikipedia.org]
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How are they "relevant"? Ferrari or Mercedes could stop making passenger cars tomorrow and almost nobody would care. Have they contributed any innovation in recent years anybody cares about?
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How are they "relevant"? Ferrari or Mercedes could stop making passenger cars tomorrow and almost nobody would care. Have they contributed any innovation in recent years anybody cares about?
Most of the safety systems and "home comforts" in modern cars trickle down from the top end of the market. Mercedes were the first to use (and develop) ABS, for example.
The development that goes into high performance vehicles almost always finds its way down - the technology that saves fuel by shutting off certain cylinders on large performance engines was the basis for similar systems in consumer vehicles. There are a host of things that the top tier manufacturers are doing that end up in more mass market
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Doesn't look like it: http://en.wikipedia.org/wiki/Anti-lock_braking_system [wikipedia.org]
True, just not from Mercedes, Ferrari, or Apple.
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They will just go for the special Chinese edition of the iPhone. Often a bit smaller than the original, and comes with two extra buttons. For the rest it looks exactly the same, both the case and the screen output. It just behaves more like Android, and the apps don't come from Apple's App Store. For the rest it's the same. It's even branded iPnone.
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A friend of mine in HK just bought a Samsung, one of those ones that are bigger than any asian's tiny hands, I asked her why she didn't buy the iPhone. Too expensive she said.
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Apple propaganda is kind of sad now they are irrelevant.
A half trillion dollar global company with consistent double digit annual growth irrelevant? A single company with 17% global smart phone market share (surpassed only by Samsung) irrelevant? A single company with 50% of global tablet market share irrelevant?
From a business standpoint they are certainly relevant. Maybe you mean nobody pays attention to Apple? Is that why every /. story about Microsoft, Google, Android and many other unrelated topics has people posting about Apple? I guess the press never wri
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A half trillion dollar global company with consistent double digit annual growth irrelevant? A single company with 17% global smart phone market share (surpassed only by Samsung) irrelevant? A single company with 50% of global tablet market share irrelevant?
No I mean. A company has shrunk in the phone market from 23% to 14.9%; Lost a quarter of its market cap in a quarter; That was larger than Samsung that only to sell half the phones of it; that had 100% tablet market now has only 50% down 20% in one quarter.
Are we not seeing a downward trend, with your own information.
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They may be a "failure" but having 5% of a market worth 1.3 billion people, is still a huge market. With so little market share they would still be able to sell more phones in China then they would on a 20% market share in the US.
Re:I've learned this the hard way... (Score:4, Informative)
Most are not able to afford the iPhone, hence the high percentage of Android users over there.
What a load of crap The Android phones in question are selling at an average of 1293 yuan that is about $236 and you can get a really good Android phone for that. If Apple have chosen to price themselves out of the market, that is their choice. In the short term it might look great for profits, but as we can see they are irrelevant in China.
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Please try to believe me when I say this, but the iPhone is a must-have gadget in China.
I'm trying to believe, but I smell bullshit. My partner's mother is very happy with her S2.
In fact, she couldn't wait to show it off to us when she visited about 6 months ago. (I put away my S3 and got out my old S1 for a while, so as not to show her up.)
As the wife of a PLA officer and Party member in good standing, Ma could absolutely have an iPhone if she wanted one. No need to ask you to believe that, either.
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Please try to believe me when I say this, but the iPhone is a must-have gadget in China.
The hipster phone in China right now is the Galaxy Note/Note2. You see them everywhere.
iPhones are for old people.
Hard Way how? (Score:2)
'Learned this the hard way' meaning what exactly? Did you short Apple iPhones in China and loose a lot of money on it? Or did were you robbed of Multiple iPhones in China because its a must have gadget in China? Or what?
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Statistics without context do not necessarily represent facts.
No they are pretty much facts, These are smartphones in every sense of the word with an average price of 1393 yuan you get a serious phone. Apple are simply not worth the money at 4523 yuan.
All Chinese Android phones are new :) (Score:2)
Unless Android and iPhone have somewhat comparable supply and demand the stats are not truly indicating consumer preference.
Ignoring your hilarious and possibly racist argument that Chinese people are stupid and buy old designed phones over the new ones, while at the same time not understanding that 1393 yuan average is the reality...and represents 51% of the phone market...that is what they are paying.
The reality is Android phones are in demand...iPhone not so much, consumers pretty much decide with their money, and that is not going to Apple.
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iPhone's are not in demand? What reality are you living in? Have you seen Apple's quarterly statements?
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iPhone's are not in demand? What reality are you living in? Have you seen Apple's quarterly statements?
The reality where Apple have low demand for a massive mobile phone that is localised to the US and UK due to carriers wanting to lock customers into long contracts...and even in those places its outsold by Android, but to answer your questions I do read there financial statements. :)
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So companies are in business to increase market share and not profit?
Profits and Market share exclusive!? (Score:2)
So companies are in business to increase market share and not profit?
Why one without the other :) the two are rarely exclusive. In reality I argue consistently that chasing *short term profits* in a *mature* market is costing Apple now. The evidence of this is everywhere. Apples *only* saving grace is the markets are still growing.
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Ignoring your hilarious and possibly racist argument that Chinese people are stupid and buy old designed phones over the new ones ...
Because you are implying that the Chinese are so stupid they would buy a "Nexus one" over a "Lenovo P770" FYI Lenovo has now overtaken Nokia to be 9th largest manufacture of phones worldwide.
Again as your posting in two threads "Lenovo P770 which is around 1300 yuan has a 4.5"display with qHD resolution, a 8 mega-pixel rear camera; 12Mhz dual core processor, 1GB of RAM and Android 4.1.1 and a 3300MAh!?"
Only Apple sell old phones to fill out its product line the rest of the market have to update their produc
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No I am saying that people buy what they can afford. Not all Chinese can afford the 1300 yuan devices.if 1300 is the average then there are phones that are far cheaper. These cheaper phones won't have comparable features.
A quick look at the best selling Android phones on Amazon china http://translate.google.com/translate?sl=auto&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fwww.amazon.cn%2F [google.com] show the three most popular Android devices to be ZTE U930 at 926 yuan; Huawei Ascend G330C and 966 yuan; and Samsun Gaxaxy III at 3,729 yuan, which is what you would expect for an average of 1300. The under 1000 phones, both come with dual-core processors 4.0 and 4.3 inch IPS creens and
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I'm sorry perhaps Its a pit complicated for you to understand why I would choose the 3 most popular phones on a list when looking at average. If its too complicated for you I will show you the maths.
The three Phones
=============
http://www.gsmarena.com/huawei_ascend_g330-4966.php [gsmarena.com]
http://www.gsmarena.com/zte_grand_x-4597.php [gsmarena.com]
http://www.gsmarena.com/samsung_i9300_galaxy_s_iii-4238.php [gsmarena.com]
As you can see these phones are neither old or under specced they are great value for money phones. Android will shine on these ph
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Right because the best measure if how well the iPhone is doing is by looking at Amazon's website. Last time I checked, Apple has its own stores and sell them through carriers.
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Right because the best measure if how well the iPhone is doing is by looking at Amazon's website. Last time I checked, Apple has its own stores and sell them through carriers.
LOL the selling figures for the whole of china
http://translate.googleusercontent.com/translate_c?depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com.hk&sl=zh-CN&tl=en&u=http://data.eguan.cn/yidonghulian_147283.html&usg=ALkJrhi2UMQ3zW-yIsGyynI-urAOZLDDkg [googleusercontent.com]
Apple is 4.2% and Android 90.1% nothing to do with Amazon.
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And what does that have to do with how crazy it is to compare Amazon sales in the US to show that The iPhone is not selling well on the US as the original poster tried to?
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And yet Apple sells iPhones as fast as they are put on the shelves in China.
The whole point is not only do they not. To put it in perspective China's smartphone is set to overtake that of the US this year; Smartphone shipments overtook Featurephone shipments for the first time accounting for 51% of 87Million Phones...To put that in perspective Apple only sold 26.9Million worldwide during the same period, and the Android phones they are selling are not basic phones the average price is 1393 yuan that is about $223...you get a lot of Android phone for that money from companies like H
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But yet, where I live, in Hong Kong, iphone accessories are on display at what seems a 21:1 ratio. Hell I live off temple street and there are small shops that try to look like mini Apple stores.
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you assume sales are demand limited rather than supply limited.
http://www.apple.com/asia/iphone/buy/#cn [apple.com]
No I don't. I just don't live in the land of unicorns. The link is from the offical Apple site where to buy the iphone in china....Link No1 is Apple Online Store :) The Nexus devices sell out; not so much the iDevices.
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The purpose of a company is to make money for its shareholders, and Apple's market cap is more than double Google's, so I think they are doing their job fine.
Apples Market Cap has taken a bit of a beating itself on the back of a whole host of bad news. Share Price Down from $700 to 530. Guess those shareholders are a little unhappy. Perhaps they are not doing such a good job :)
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Between Google and Apple, guess which one reported declining revenues and profits.
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Between Google and Apple, guess which one reported declining revenues and profits.
Well clearly you don't know much about anything Googles Revenue is up loads [It bought Mototrola] :), Its profits are up too :) {37 Billion last year and already 33Billion this year]http://investor.google.com/financial/tables.html
and Apples Gross Profit % is Down.
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Uhhhhh....
http://online.wsj.com/article/BT-CO-20121018-712893.html [wsj.com]
Apple:
http://www.nytimes.com/2012/10/26/technology/apple-profits-rise-24-on-iphone-5-sales.html [nytimes.com]
Motorola is losing money not making money.
Someone does t know the difference between profit and revenue.
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Sorry you seem a little confused :) Again look at my link http://investor.google.com/financial/tables.html [google.com]
"Total Consolidated Revenues $29,321(2010) $37,905(2011) $10,645(Q1) $12,214(Q2) $14,101(Q3)
"Net Income $8,505(2010) $9,737(2011) $2,890(Q1) $2,785(Q2) $2,176 (Q3)
Any Questions :)
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No questions, but do you really think revenue is important when the company is making less profit? In case you didn't know Motorola added to the Googles revenue but decreased their profit.
Again do you know the difference between revenue and profit?
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Again do you know the difference between revenue and profit?
This is your quote "Between Google and Apple, guess which one reported declining revenues and profits.".You claimed Goggle had declining revenues. You were proved wrong. You made the claim that Google had declining profits, again you were proved wrong. In fact I'm not sure what your point is! You claimed "Someone does't know the difference between profit and revenue.". I simply coped them from the SCOI, to prove you wrong. I'm not sure what else I can so. You need to go on a course or something. lol
I think
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What part of Google's profits declined last quarter don't you understand? Or do you not trust WSJ?
http://online.wsj.com/article/BT-CO-20121018-712893.html [wsj.com]
Google Inc.'s (GOOG) third-quarter income shrank 20% as total costs jumped and advertising prices continued to slide.
Despite consistent double-digit revenue growth for more than two years, Google's shares had been moving sideways for much of 2012. That changed in July, as concerns faded about its Motorola acquisition and the price of mobile-search ads, lea
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What part of Google's profits declined last quarter don't you understand? Or do you not trust WSJ?
I cannot stress my point strongly enough. I would love to discuss the Motorola takeover with someone. Its an incredibly interesting [off]topic, but the fact that you are linking to the WSJ as opposed to the financial statements says it all. You need to put in the time and effort; You are simply not good enough.
http://investor.google.com/earnings.html [google.com] look through its interesting.
The bottom line is again I fail to see your point.
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Here is what your link says. Are you still convinced that net income wasn't down year over year for the same quarter?
GAAP net income in the third quarter of 2012 was $2.18 billion, compared to $2.73 billion in the third quarter of 2011. Non-GAAP net income in the third quarter of 2012 was $3.01 billion, compared to $3.18 billion in the third quarter of 2011.
What is your point? (Score:2)
Here is what your link says. Are you still convinced that net income wasn't down year over year for the same quarter?
I cannot stress my point strongly enough. I would love to discuss the Motorola takeover with someone. Its an incredibly interesting [off]topic, but the fact that you have taken a random chunk from the financial statements without providing context, and then lied about what I had said is a shame. You need to put in the time and effort; You are simply not good enough.
http://investor.google.com/earnings.html [google.com] [google.com] look through it properly.
The bottom line is again I fail to see your point.
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What "context"? Google themselves in their own press release from your link said they generated less profit than they did last year during the sane quarter. There core business of advertising is seeing declining margins and Motorola is unprofitable.
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Yes but their market cap is still more than 2x Google's.
Of course shareholders were happier when the price was $700, but that doesn't change the point that companies don't aim to eventually dominate the market, they aim to maximize shareholder value.
I think you need to stop posting, because I don't think you understand. Market Cap[italization] is simply shares outstanding x share value. If the share drops the market Caps drops too. Right now Apple shares are in freefall so is there Market Cap.
If you want to compare the iPhone to Android by pretending that its Apple [A multiple electronics company] vs Google [Controls one Android Phone subsidiary, the OS, An Online Store...and a phone brand] market cap knock yourself out, personally I think its crackers
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There is almost certainly no such thing as "free fall" when it comes to share price.
Apple share price 700-->530 ooops! ;)
USD 6? (Score:2)
Occuption (Score:2)
Do we really still call them 'housewives' (itself a difficult and noble occupation) when they're professional smugglers?
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Me rikey iPod very much. ah soo
Ignoring the racist slant. iPods [5.3 million this quarter] are simply stopped selling it is one of the reasons that Apple stock is in freefall.
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You're right, Apple was so dumb not to see that people would eventually stop buying standalone MP3 players and start buying phones with media player capabilities. If they had been smart, they would have started selling phones five years ago when they saw the iPod market was in decline. If they had done that, they could probably be the worlds most valuable company by now.
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You're right, Apple was so dumb not to see that people would eventually stop buying standalone MP3 players and start buying phones with media player capabilities.
You mean like how Apple preserved their share of the tablet market instead of letting it slip to 50% in case producing a smaller tablet would cannibalise their current profits, rather than produce an embarrassing underspecced "me too" to an uninterested public, making their *drop* in sales this quarter for 17Million 13Million lead to taking a quarter value of the worlds most valuable company...oh wait!!
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And this is the first time that Apple ever saw seasonal declines. I wonder if Apple sells will decline after the Christmas quarter.
As Far as underspecceed. Someone hasn't seen Anandtechs benchmarks iod the Nexts 10 compared to the 10inch ipad.
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Wow I think you have every cliche in there. Lets be honest Android market share is significantly higher everywhere, including the US and Europe and the Gap between them is getting worse. Android developer hirings have been higher than those for iOS for sometime and again that gap is increasing [regardless of what you think in your fantasy job].
Ironically pretending that Android is somehow inferior to iOS its farcical, or that its somehow buggy, is simply wishful thinking because you paid such a massive mark
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You have an impressive 21 anti-Apple posts (so far) on this story alone. That's an amazing obsession for a company you called "irrelevant" in one of those posts.
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Apple is less and less relevant as a smartphone maker, but they are quite relevant as a patent troll, PR powerhouse, and company that regularly rips off other people's inventions.
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$6 each. They were not smuggling one at a time.