The Strange Math of Apple's Alleged Massive iPhone 5 Order Cuts 298
zacharye writes "The Sunday evening Wall Street Journal article claiming that Apple had cut its iPhone 5 display orders drastically for the March quarter made quite a splash. The way WSJ wrote its piece seemed to support the original Nikkei claim about Apple cutting its iPhone 5 display orders in half from the originally planned order of 65 million units. This would be a massive adjustment. But Apple uses the same new display type for both iPhone 5 and the latest iPod touch. Neither WSJ nor Nikkei addressed this, however — both seemed to be referring to just iPhone 5 displays. The math just doesn't add up."
Re:Market manipulation? (Score:4, Informative)
Except that is an article from 2010 about possible insider trading, not about the alleged market manipulation by driving down the stock price through rumors and FUD like seemed to start happening in 2012.
Re:so? apple is still selling less product (Score:4, Informative)
$199 on contract in the US
Galaxy S3 is also $199 and $149 at some stores depending on where the sale it
wal mart has the iphone 5 at $119
for single people its $90 a month for the carrier bill. for most of us on family plans we pay a lot less. i went to the new mobile share plan with AT&T. 4 smart phones will run me in the $200 range for unlimited minutes and texts and 10GB of data. and that's before my in laws kick in their part of the bill
everyone has a cell phone these days. i don't know a single person doing the wifi for free calls thing
Re:so? apple is still selling less product (Score:4, Informative)
Stocks go up on profit. And profit does not grow only with revenue. You can also deduct spendings. That's how big businesses work. They spend enormously for marketing, branding, hire unnecessary amount of people, to build a brand.
Not sure if you're talking about Apple or competition. Apple spends way less on marketing, offers no incentives, than, say, Samsung, which has has virtually bought their market share dollar-for-sale. http://www.asymco.com/2012/12/05/the-mystery-of-samsung-electronics-sga/ [asymco.com]
Re:Manipulation (Score:4, Informative)
Yeah right. Might want to get some facts.
http://www.asymco.com/2012/10/26/apples-growth-scorecard-for-third-quarter-2012/ [asymco.com]
There's a whole lot of revenue AND earnings numbers that are greater than 100%.
There's been less of it lately, so Apple CLEARLY deserves a PE of 11.5. (Dripping in sarcasm there)
Re:Apple the largest Company (Score:4, Informative)
You're an idiot. Their stock is near an all time low when you actually look at the right metric, PE which stands for price (per share) relative to earning (per share). It's a clear measure of what investors are willing to pay for earnings. And in spite of greater (earning and revenue) growth than any other large cap company in the last 10 years, somehow Apple's earnings are the least valuable.
Re:so? apple is still selling less product (Score:1, Informative)
Re:Market manipulation? (Score:5, Informative)
No. The first worm was in 2009, and it was possible to jailbreak iOS from safari (it still is, in some cases) -- http://appleinsider.com/articles/09/11/09/first_known_iphone_worm_rickrolls_jailbroken_apple_handsets.html [appleinsider.com]
Aside from that, I do expect to be able to jailbreak my devices. If that costs me something in day-to-day security, I'm completely fine with that. I always want ultimate control over my hardware. The reason why you think Android is malware infected is because we have the option of installing our own software without the store. This is why developers are complaining that it's a platform for piracy - there is a path for software onto the device that is user-controlled. Also, google supplies the bootloader unlocking tools, effectively giving their blessing to people who want to jailbreak.
Re:Apple (Score:1, Informative)
Due to the generous Microsoft investment seeking to avoid monopoly intervention from the government, all while they languished near death.
http://files.shareholder.com/downloads/AAPL/2028737183x0xS1047469-97-6960/320193/filing.pdf [shareholder.com]
Look at page 34. The fruit company ended that year with $1,230m in cash on hand. (Microsoft's $150m contribution to that is the tiny line labeled "Proceeds from issuance of preferred stock.")
"Generous" is not the word. "Insignificant" is the word.
Re:so? apple is still selling less product (Score:5, Informative)
Stocks go up on profit. And profit does not grow only with revenue. You can also deduct spendings. That's how big businesses work. They spend enormously for marketing, branding, hire unnecessary amount of people, to build a brand.
Profit share in the phone industry: Apple 75%, Samsung 24%, everyone else who cares.
Product design team: Apple 16 people, Samsung 1000+ people.
Marketing spend 2009-2012: Apple approx 2.6 billion dollars. Samsung Electronics division alone approx THIRTY THREE BILLION DOLLARS.