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From: Alan
Newsgroups: misc.phone.mobile.iphone,comp.sys.mac.system
Subject: Re: iPhone revenue fell for a second consecutive quarter (perhaps due
to Apple's failed R&D efforts)
Date: Sun, 4 Aug 2024 16:09:36 -0700
Organization: A noiseless patient Spider
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On 2024-08-04 14:46, badgolferman wrote:
> Alan wrote:
>> On 2024-08-02 13:15, badgolferman wrote:
>>> Andrew wrote:
>>>> badgolferman wrote on Fri, 2 Aug 2024 18:50:28 -0000 (UTC) :
>>>>
>>>>> Maybe it is and maybe it has to do with the people being employed to
>>>>> develop these things. Are they the best and brightest developers
>>>>> available, considering Apple has the money to pay them? Or are they
>>>>> DEI candidates selected to make Apple look good to shareholders and
>>>>> those who demand such things?
>>>>
>>>> All I can say is I am always reasonable in all my factual assessments.
>>>> As you know, zealots never know ANYTHING about what Apple actually does.
>>>>
>>>> At least you read about Apple outside of Apple's (brilliant) Marketing ads.
>>>>
>>>> To your concerns, all I can tell you is what is in the news about Apple's
>>>> strategic decisions, which I'm sure you can handle - but the zealots can't.
>>>>
>>>> This, from midyear 2024 says, for example the iPhone accounts for "55%
>>>> ($115.7 billion) of Apple's $210.3 billion in net sales", so it behooves us
>>>> to concentrate on what Apple has improved on technology for that iPhone.
>>>>
>>>>
>>>> Notice the fact that Apple spends far more on propping up stock than on R&D
>>>> (where the article uses the word "breathtaking" where the article says no
>>>> other company comes close to what Apple spends, not in R&D, but on P:E.
>>>>
>>>> What's a possible assessment takeaway from those two facts?
>>>>
>>>> Maybe:
>>>> a. Apple cares more than anyone about artificially propping up stock...
>>>> b. And, yet, Apple cares far less than most in terms of actual R&D.
>>>>
>>>> What do YOU make of those two breathtakingly different facts about Apple?
>>>>
>>>
>>> It says Apple is on track to spend $31 billion this year on R&D,.
>>> underscoring its record of increases every year since 2013. That’s
>>> certainly no number to sneeze at, but unfortunately there hasn’t been much
>>> innovation to show for it over the last 5-6 years. I know some will say the
>>> mobile phone has reached its peak in features, but they’ve been saying that
>>> for a long time. A truly innovative company would create things customers
>>> didn’t know they wanted, not new colors or emojis.
>>
>> Give some recent examples of what you would term "things customers
>> didn’t know they wanted"...
>>
>> ...from any smartphone manufacturer.
>>
>>
>>
>
> Face ID,
Not recent. The first phone with it came out in 2011, and when Apple
developed it enough to use it, it was 2017
> contactless payments,
First used in a phone in 2004 (by Sony), but not actually useful until
Apple got it right.
> QR code scanning,
Seriously?
So the newest thing you can point to is from more than a decade ago.
and other useful things
> like these. New colors and new emojis don’t count.
So it's not like Apple is somehow unique in not rolling out the
innovations, is it?