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Comment: Re:inflation embiggens numbers (Score 1) 521

by Plumpaquatsch (#48945943) Attached to: Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

yet we never hear about how bad the "rich" apple is, yet oil companies are lambasted for their "obscene" profits. I wonder why that is???

Well, Apple is increasing profits by selling more of its products. The oil companies are raising their profits while selling less.

Comment: Re:18B on 75B (Score 1) 521

Yeah, they've only outgrown the rest of the PC market for almost all quarters during the last couple of years. Total failure.

For a decade now we have heard that iPod this, iPhone that was going to enable Apple to win the PC industry. All it did was move their share from the low end of the historical range to just above to top end (again, depending what metric you use and who calculates it).

Boohoo, Apple is the only computer company that actually makes notable profits - how are they going to survive that? In 5 years, non of the manufacturers now selling more PC will still be making PCs. Apple will. Suck on it.

Comment: Re:18B on 75B (Score 1) 521

by Plumpaquatsch (#48936447) Attached to: Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Er... huh? "Apple's Gross Margin is 39.9% - Samsung's is 39.87." Both sell a lot of hardware, and in Samsung's case a lot of other random stuff.

So what was your "I'm sure that Apples margins on software products is comparable" about?

As to the others, I refer you to: http://finance.yahoo.com/q/is?... http://finance.yahoo.com/q/is?...

Those margins are not anything close to that stated in the original post. Microsoft is primarily a software comapny and has margins in line for that industry.

You are confusing the margins on the devices that Blackberry sells with the fact that they sell far to little to make a profit. Apple has those high margins because they sell so many. As for Microsoft, they sure as hell sell hardware, but either at low or negative margins.

As to Samsung, their margins are actually at the upper end of recent years.

As to Apple and software sales, what is the margin on Final Cut Pro (and think what it was when it cost more than $299) Logic Pro X @ 199? But in the end, those do not matter as without iPhone Apple is at best a third or fourth place computer maker with marketshare in the 5 to 10% range (historically).

Yeah, they've only outgrown the rest of the PC market for almost all quarters during the last couple of years. Total failure.

Comment: Re:Slave Labour is certainly profitable (Score 1) 521

by Plumpaquatsch (#48931075) Attached to: Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

My Panasonic TV was made in Japan,

Suuuuure

The closure of the Japanese electronics company's sole dedicated plasma-TV factory in China ... The company intends to move operations to another Chinese TV factory in the eastern province of Shandong, where it currently produces LCD television sets.

Oh, wait, you still have a CRT TV, right?

Comment: Re:And yet. (Score 1) 521

by Plumpaquatsch (#48931035) Attached to: Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Also what is in their annual report isn't necessarily accurate anyway, so don't just throw that link at me.

Apple wasn't even reporting its U.S. taxes accurately, either, the Senate subcommittee found. Its annual report disclosed it paid much higher U.S. taxes than it actually paid to the IRS. To investors, Apple said it paid $6.9 billion in U.S. taxes in 2011. But it actually only paid the IRS $2.5 billion, according to its tax return. Read more: http://www.businessinsider.com...

Err-hunh. Yeah. That's why Apple has been fined for not paying their taxes. And no, Apple hasn't said they paid those taxes, they said they provisioned that amount for taxes. IOW they stated what taxes they would have to pay for all of their profits, but only actually paid out to the IRS that which they owed by not repatriating foreign profits. Which is not only legal, it is required by tax accounting rule APB 23 unless you plan to invest those foreign earnings abroad permanently.

The only difference to most other companies is that Apple doesn't pretend to keep it there in their statements (even if they don't actually want to without a repatriation holiday), while others pretend to do that to make their profits seem higher (even if they then actually have to bring back those earnings). Recent example is eBay which "paid" over 300% taxes first quarter last year because they repatriated "permanently invested" foreign earnings of $9 billion.

Are you actually going to blame Apple for the cluster-fucked up tax (reporting) laws in America, just because they are not only smart enough to make a profit, but because they also actually pay taxes?

BTW, Apple reports how much taxes they paid (in total) under the all to obvious moniker "Cash paid for income taxes, net". Which for FY 2014 comes to $ 10,026 million - most, but not all as federal income tax.

Comment: Re:And yet. (Score 1) 521

by Plumpaquatsch (#48930573) Attached to: Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

It's a quarterly profit announcement, not for the year.

So the real questions are what is the declared profit / loss for the entire year and how much actual tax are they actually paying on the year?

Gee, do you really expect Apple report to their annual numbers when they just have finished their 2nd FQ? Not even to mention that the tax they will be actually paying 2014 will be actually mostly for the actual year before, because that's the actually way paying corporate tax works?

Comment: Re:And all this without Jobs (Score 1) 521

by Plumpaquatsch (#48930557) Attached to: Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Managers with CFO and COO backgrounds aren't good at innovating. They can't innovate their way out of a paper bag. Guess where Tim Cook came from.

So Cook can't innovate because he's a he has an MBA. While Jobs couldn't innovate because he didn't even master in Fine Arts. Both are however smart enough to hire people who can. Suck it up.

Comment: Re:And all this without Jobs (Score 1) 521

by Plumpaquatsch (#48930555) Attached to: Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Inertia.

Jobs had many products and ideas already in the pipeline prior to his death. To my knowledge, the only thing new is iPhone+. There's nothing magical about that decision. By the numbers, the market was clear in that people wanted a phablet. So they took an iPhone and increased the size; BFD.

So the only innovative thing Apple has done last quarter was the fucking thing driving up their revenue to insane levels. What losers. It's left to the reader if that means Apple or the people whining.

Comment: Re:18B on 75B (Score 1) 521

by Plumpaquatsch (#48930547) Attached to: Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

It may be 24% on average, but it's much higher on some items. Flash memory upgrades for phone and tablets cost 10-15x what other manufacturers charge,

Errm, most don't even offer any memory upgrades. Many even stopped offering SD, like Google itself. Because that fucking doesn't work as well as people like you keep claiming.

Comment: Re:It is hard to know what to think (Score 1) 521

by Plumpaquatsch (#48930455) Attached to: Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Maybe you should bother to look so you don't sound like you're an idiot.

Revenues from hardware - $69.8B Revenues from other(iTunes) - $4.8B

Net profits (not broken down) - $18B

Even if 100% of revenues from iTunes was profit (i.e. no cost to run the App Store), it's still less than 1/3 of total profits.

The often lamented fact that Apple takes 30% of the iTunes revenue for itself (boo-hiss) means its actually has to be less than 1/9.

Comment: Re:Tax (Score 1) 521

by Plumpaquatsch (#48930425) Attached to: Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

If corporations don't pay their share of tax, then ordinary law-abiding citizens will just be charged more.

Maybe you should complain about Amazon then, because while having dozens of billions in revenue, they pay little if any taxes by (supposedly) making little profit. Instead of paying several billions like Apple.

We can predict everything, except the future.

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