Hmm, What Is Apple Doing?


#744

I haven’t gone for a while. Perhaps it’s time to pay them a visit again :slight_smile: Lately I’ve been going to Tasty Pot a lot.


#745

Tasty Pot huh? I tried the one at Berkeley but not impressed. Not really into personal hotpot. My wife likes it though.


#746

Apple Inc. (AAPL) China iPhone Shipment Data Is Deceptive

When Apple investors consider the iPhone’s presence in China, she says they should consider how many people own and use iPhones at any given time. By that measure, Morgan Stanley estimates Apple has gained 4 percent market share in 2017 and iPhones currently represent 19.5 percent of active smartphones in China. Not only is Apple gaining this important market share, it is out gaining all of the four largest domestic Chinese smartphone brands as well.

Huberty says Apple’s impressive China growth will soon start to accelerate further as the Chinese user base begins generating more Apple Services revenue as well.


#747

I don’t get hot pot… Boiled beef is awful. Why is it popular?


#748

Well, it is not only beef, it is seafood which is what I would be after. Shrimp, fish, mussels… Yes, too many of these places around now though…


#749

I prefer grilled to boiled


#750

So peole in China keep their phones longer? That’s what I get from comparing market share of cirr things sales vs in-use market share.


#751

Beware… the carcinogens will get you…


#752

Here we’re keeping the phones longer as well. My family has Galaxy S8, iPhone 8 and iPhone 7. The iPhone 7 might be replaced with an X soon. But we plan to use both the S8 and iPhone 8 for more than 2 years.


#753

The only good thing about being old is that I don’t have to worry about dying young.
I now have the life expectancy of a cat. Might as well eat whatever I like…


#754

Um… ok… :laughing:


#755

That’s the long term bear case for Apple. iPhone is competing more and more with older iPhones as the upgrade cycle drags longer and longer. There really aren’t many reasons to upgrade faster than 3 years for average users. Soon it will be 4 years and 5 years. How often do people upgrade their PC’s nowadays?


#756

But what about iCar??? :rofl:


#757

Maybe after Tesla stock crashes to say $100 Apple can buy it out? Deal?


#758

That’s why services revenue is critical. It creates revenue after the sale of the phone. That way Apple is getting revenue every year even if people take longer to upgrade their phone. The services business is getting huge.


#759

Um… I also planned to buy some bitcoin after it crashed to $100 a piece… :rofl:


#760

Hmm, sounds like someone hasn’t been slipping the T-Mobile employees enough red envelopes…


#761

They make it sound like switching from iOS to Android is an impossible task (same with PC to Mac). Time to stop underestimating people’s ability to adapt.


#762

I take it you aren’t returning the Samsung phone?


#763

Of course not. In fact some people saw me using my phone in action and now they want to convert…:slight_smile: