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Forums - Gaming - Apple $13 Billion income sales $46 billion, has 100 billion dollars cash on hand!

Whether you love apple or hate them or are inbetween, you really can't deny that this is by far the most well run company in existence today, they are executing on every level, a company with 100 billion dollars in cash and zero debt. They can buy up nations with cash and not even think twice. Moving the needle on revenue 70% on a company that large is unheard of. Even with competition nipping at its heels following with ligitation and movement into its space, its defying everything. I have never seen anything like this, even during the dotcom heyday. Apple faces multiple challenges to sustain this growth but with products not even announced, its foray into education, possible TV, its next iteration of the iphone, the only company to unseed apple is apple.



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Train wreck said:
Whether you love apple or hate them or are inbetween, you really can't deny that this is by far the most well run company in existence today, they are executing on every level, a company with 100 billion dollars in cash and zero debt. They can buy up nations with cash and not even think twice. Moving the needle on revenue 70% on a company that large is unheard of. Even with competition nipping at its heels following with ligitation and movement into its space, its defying everything. I have never seen anything like this, even during the dotcom heyday. Apple faces multiple challenges to sustain this growth but with products not even announced, its foray into education, possible TV, its next iteration of the iphone, the only company to unseed apple is apple.


I wouldn't say the best run company in existence, it's certainly up there, though. It's in the ranks of Amazon, McDonald's, Ford, Disney, etc.



SamuelRSmith said:
KillerMan said:
Apple phenomenon is probably thing that I will never fully unterstand. Yes they make quality products and it's not surprising to see them sell well but really that well? 36 million people spent almost $700 dollars to own a phone? Not to mention that competition makes great phones also. Damn.


While I often argue that the success of such products (particularly in our current economic environment) is down to the distortion effect on prices thanks to inflation, a major component of the iPhone's (and other smart phones') success is the contract model. If you were to explain to people that they're dropping $600-$700 on a phone, most would certainly reconsider. When that price is hidden away in a monthly bill over the next two years, however, the situation completely changes.


yeah but if i were to get a none iphone all i save is maybe $100 bucks on the initial purchase 'cause all the androids and window 7 phones come with the same contractual obligation.  The big difference to apple is they forced the carriers arms into giving up a portion of that contract cost to apple while other manufacturers are just getting income on the initial purchase.

...off topic.  i wish the vita had a phone model.



kitler53 said:
SamuelRSmith said:
KillerMan said:
Apple phenomenon is probably thing that I will never fully unterstand. Yes they make quality products and it's not surprising to see them sell well but really that well? 36 million people spent almost $700 dollars to own a phone? Not to mention that competition makes great phones also. Damn.


While I often argue that the success of such products (particularly in our current economic environment) is down to the distortion effect on prices thanks to inflation, a major component of the iPhone's (and other smart phones') success is the contract model. If you were to explain to people that they're dropping $600-$700 on a phone, most would certainly reconsider. When that price is hidden away in a monthly bill over the next two years, however, the situation completely changes.


yeah but if i were to get a none iphone all i save is maybe $100 bucks on the initial purchase 'cause all the androids and window 7 phones come with the same contractual obligation.  The big difference to apple is they forced the carriers arms into giving up a portion of that contract cost to apple while other manufacturers are just getting income on the initial purchase.

...off topic.  i wish the vita had a phone model.


I'm sorry, but I don't really understand your post.

And, yes, a Vita phone would be awesome... with the exception of battery life. Vita has apps, right? Which means you can get Skype for it, and Skype can make calls to landlines and cell phones, now... so it could pretty much be a phone, from a technical stand point, it'd just be ridiculously expensive because of AT&T's horrible data prices.



I dunno, but I want them to make a console...



Yay!!!

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Still won't make me buy any over priced Apple product.
My kindle fire does everything I want and does it very well for what I use it for...
Doesn't mean I won't make a nice profit on Apple stock though, lol, there's a difference between not liking the company and being stupid...



PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !

PS3-Wii gap : 20 millions and going down !

KillerMan said:
Apple phenomenon is probably thing that I will never fully unterstand. Yes they make quality products and it's not surprising to see them sell well but really that well? 36 million people spent almost $700 dollars to own a phone? Not to mention that competition makes great phones also. Damn.

You could say the same thing about another subscription model where rivals offer a free service



I don't get the bashing Apple gets for upgrading their products yearly. Every electronics company out there does that - videogames are historically an exception.

Anyways congratz to Apple. Beat the estimates yet again. I wonder if they can get to $1 trillion market cap.



 

 

 

 

 

Train wreck said:
Argh_College said:
damn those numbers are outstanding... cant wait for android/google report


android is not a compnay and google already reported and its numbers were not impressive:

 

http://www.usatoday.com/money/companies/earnings/story/2012-01-19/google-microsoft-ibm-earnings/52681136/1

For what i know Andoird is destroying Iphone is sales week in, wekk out.



kitler53 said:
SamuelRSmith said:

While I often argue that the success of such products (particularly in our current economic environment) is down to the distortion effect on prices thanks to inflation, a major component of the iPhone's (and other smart phones') success is the contract model. If you were to explain to people that they're dropping $600-$700 on a phone, most would certainly reconsider. When that price is hidden away in a monthly bill over the next two years, however, the situation completely changes.


yeah but if i were to get a none iphone all i save is maybe $100 bucks on the initial purchase 'cause all the androids and window 7 phones come with the same contractual obligation.  The big difference to apple is they forced the carriers arms into giving up a portion of that contract cost to apple while other manufacturers are just getting income on the initial purchase.

Apple doesn't actually get fees from the contract anymore, and they haven't for quite some time. But they do get a bigger subsidy than other phone markers. The iPhone is so in demand that a carrier without the iPhone is a carrier that's bleeding subscriptions to the competition, so Apple can extract a $400 subsidy from carriers while other phone makers get $200. Combine that with the scale and efficiency of only building a few phone models and it allows Apple to pocket gigantic profits.



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