Liberty Posted March 20, 2019 Share Posted March 20, 2019 New Airpods announced by press release again: https://www.apple.com/newsroom/2019/03/airpods-the-worlds-most-popular-wireless-headphones-are-getting-even-better/ Guess their upcoming events are packed if they have no time for iPads, iMacs and AirPods.. Link to comment Share on other sites More sharing options...
Liberty Posted March 26, 2019 Share Posted March 26, 2019 https://redef.com/original/apples-prime-and-explaining-apples-video-ambitions Link to comment Share on other sites More sharing options...
John Hjorth Posted March 26, 2019 Share Posted March 26, 2019 ... Guess their upcoming events are packed if they have no time for iPads, iMacs and AirPods ... Well, I think we must say that Liberty here got it right, right? [ ; - ) ], ... - Basically a bit daunting silence here in the Apple topic on CoBF since the presentation yesterday ... Are my fellow board members speechless of excitement & enthusiasm, or speechless because of lack of excitement & enthusiasm? Link to comment Share on other sites More sharing options...
abyli Posted March 26, 2019 Share Posted March 26, 2019 ... Guess their upcoming events are packed if they have no time for iPads, iMacs and AirPods ... Well, I think we must say that Liberty here got it right, right? [ ; - ) ], ... - Basically a bit daunting silence here in the Apple topic on CoBF since the presentation yesterday ... Are my fellow board members speechless of excitement & enthusiasm, or speechless because of lack of excitement & enthusiasm? I do not think this board fully understand Apple, so nothing to discuss... Link to comment Share on other sites More sharing options...
John Hjorth Posted March 26, 2019 Share Posted March 26, 2019 Count me in that group, abyli! [ : - ) ], Personally, I thought - yesterday, before the presentation - that I was beginning to understand just a bit of what AAPL is actually doing - after the presentation I felt bombed back into the darkness of ignorance, present just about everywhere in the stoneage ... Link to comment Share on other sites More sharing options...
rkbabang Posted March 26, 2019 Share Posted March 26, 2019 Count me in that group, abyli! [ : - ) ], Personally, I thought - yesterday, before the presentation - that I was beginning to understand just a bit of what AAPL is actually doing - after the presentation I felt bombed back into the darkness of ignorance, present just about everywhere in the stoneage ... I haven't watched the presentation yet, I plan to when I have time. I am however shocked by the lack of news/discussions about it here and just about everywhere else I follow. Usually I end up knowing what an Apple event was all about by the time I get around to watching it. This time not so much. Link to comment Share on other sites More sharing options...
Gregmal Posted March 26, 2019 Share Posted March 26, 2019 After much debate, some of which spirited, some of which informative, and some of which just rehashing of already knowns, I felt ok enough about this to buy some exposure to this and some financials I liked, through BRK back in January. My main concern then, was the fact that they are sorely lacking the ability to innovate; which is what made them the company they are today. A credit card is not innovation. At least they will make some money off of it though. Thats AAPL to me. Not a melting ice cube, but a glacier. Solid fundamentally with a big enough base that it'll be OK. But not to be confused with something extraordinary anymore. Link to comment Share on other sites More sharing options...
Liberty Posted March 26, 2019 Share Posted March 26, 2019 Count me in that group, abyli! [ : - ) ], Personally, I thought - yesterday, before the presentation - that I was beginning to understand just a bit of what AAPL is actually doing - after the presentation I felt bombed back into the darkness of ignorance, present just about everywhere in the stoneage ... I haven't watched the presentation yet, I plan to when I have time. I am however shocked by the lack of news/discussions about it here and just about everywhere else I follow. Usually I end up knowing what an Apple event was all about by the time I get around to watching it. This time not so much. Basically just a bunch of $10/months services for games, written content, and video content. Not that much to say.. It'll heavily depend on execution, and they clearly still hadn't ironed out all the details because a lot what left vague. They'll probably do okay just because of the huge built-in user base they can sell to, but I doubt they'll be much of a threat to Netflix just yet... Bet they wish they had bought them many years ago. The Apple Card is probably most interesting to me right now. I'm curious to find out the details of how they go on the rails... I've read in various places that they partnered with MasterCard, and maybe even Visa too... But it's not clear to me (if anyone has a good source on this, let me know). Link to comment Share on other sites More sharing options...
Liberty Posted March 26, 2019 Share Posted March 26, 2019 https://stratechery.com/2019/apples-services-event/ Link to comment Share on other sites More sharing options...
SHDL Posted March 26, 2019 Share Posted March 26, 2019 I thought there were a few interesting things from a consumer’s perspective: 1. A digital WSJ subscription now costs $400+/year, whereas Apple News+ includes access to the WSJ and costs $120/year. I’ll be giving the service a try for this reason alone. Today’s WSJ had an article on this and had this to say about the partnership: The partnership carries risks for the Journal, since each Apple user will generate much less subscription revenue for the company than a full-priced subscriber. Journal executives said they weren’t concerned about existing subscribers canceling service to shift to the Apple service, because the two offerings will be fundamentally different. The Apple app will surface stories thought to be of interest to a general reader—that could be national news, politics, sports and leisure news, but also some business news, people familiar with the situation said. The paper’s entire slate of business and financial news will also be searchable within the app, but the thinking is that most users won’t consume much beyond what is actively presented to them. Apple users will have access to only three days’ worth of the Journal’s archive, the people said. The Journal also negotiated terms that would allow it to drop out of the service, they said. I strongly suspect that the WSJ is reading the situation wrong and that they will sooner or later drop out of the service, but anyway, the offer is available at least for the time being. 2. I think there’s a lot to like about the Apple Card. For starters, I’ve always wanted a no annual fee, no foreign transaction fee, simple cash back rewards card from an issuer with decent customer service, and I wasn’t able to find anything that meets all those conditions — until this card came out. I also like how the physical card doesn’t show anything (card #, expiration date, CVV, signature) that fraudsters can steal. I’ve wasted a lot of time and energy dealing with credit card fraud (usually after checking in at hotels in certain cities), and so this is a pretty big deal for me. I can see how people who are into the points/miles game will be underwhelmed by the stingy rewards, but I actually think Apple and Goldman are playing this right by not going after that demographic. Link to comment Share on other sites More sharing options...
John Hjorth Posted March 26, 2019 Share Posted March 26, 2019 A post by Cardboard of yesterday in the "What are you buying today?" topic here related to the ongoing discussion here in the AAPL topic : Some puts on AAPL. Really underwhelming announcements vs market reaction last week. Cardboard Link to comment Share on other sites More sharing options...
rkbabang Posted March 26, 2019 Share Posted March 26, 2019 I thought there were a few interesting things from a consumer’s perspective: 1. A digital WSJ subscription now costs $400+/year, whereas Apple News+ includes access to the WSJ and costs $120/year. I’ll be giving the service a try for this reason alone. Today’s WSJ had an article on this and had this to say about the partnership: The partnership carries risks for the Journal, since each Apple user will generate much less subscription revenue for the company than a full-priced subscriber. Journal executives said they weren’t concerned about existing subscribers canceling service to shift to the Apple service, because the two offerings will be fundamentally different. The Apple app will surface stories thought to be of interest to a general reader—that could be national news, politics, sports and leisure news, but also some business news, people familiar with the situation said. The paper’s entire slate of business and financial news will also be searchable within the app, but the thinking is that most users won’t consume much beyond what is actively presented to them. Apple users will have access to only three days’ worth of the Journal’s archive, the people said. The Journal also negotiated terms that would allow it to drop out of the service, they said. I strongly suspect that the WSJ is reading the situation wrong and that they will sooner or later drop out of the service, but anyway, the offer is available at least for the time being. 2. I think there’s a lot to like about the Apple Card. For starters, I’ve always wanted a no annual fee, no foreign transaction fee, simple cash back rewards card from an issuer with decent customer service, and I wasn’t able to find anything that meets all those conditions — until this card came out. I also like how the physical card doesn’t show anything (card #, expiration date, CVV, signature) that fraudsters can steal. I’ve wasted a lot of time and energy dealing with credit card fraud (usually after checking in at hotels in certain cities), and so this is a pretty big deal for me. I can see how people who are into the points/miles game will be underwhelmed by the stingy rewards, but I actually think Apple and Goldman are playing this right by not going after that demographic. I just finished watching the video and doing a little reading. I agree the WSJ makes News+ compelling. I also like Scientific American which is expensive as well. I don't think I'll be signing up, but I'm sure many people will. The Apple card looks like it will be a good revenue stream for them as well. I doubt I will sign up, because my Fidelity VISA already gives me 2% on every purchase, my AmEx Blue gives me 3% on gas and 6% groceries, and Amazon VISA gives me 5% at Amazon & Wholefoods. I don't care about the lack of late fees and low interest rates, because I never pay fees or interest anyway. The TV+ stuff will depend on how good their originals are and how much it costs, along with how much they spend. This is a little worrying to me as a shareholder, because this has the potential to be a large money losing endeavor if they spend way too much acquiring content and it doesn't become successful. Link to comment Share on other sites More sharing options...
LongTermView Posted March 26, 2019 Share Posted March 26, 2019 My first impressions of News+ yesterday were not good. There are many nice things about reading in a browser that can be taken for granted: using command-plus and command-minus to adjust the font size; copying and pasting the url to show others or revisit; copying and pasting excerpts; downloading a pdf version of the article for offline reading. The experience in an app environment isn't the same. Some magazines like Forbes aren't even optimized so the font is ridiculously small. Link to comment Share on other sites More sharing options...
SHDL Posted March 26, 2019 Share Posted March 26, 2019 Amazon VISA Now how did I miss the fact that this has no foreign transaction fee... Link to comment Share on other sites More sharing options...
TorontoRaptorsFan Posted March 26, 2019 Share Posted March 26, 2019 A lot of you are overanalyzing the Apple situation... Innovation takes time. Apple is becoming a one-stop shop. Give them enough time and they'll build up a sizeable library. The executives they have in place running the TV division have a proven track record. Teaming up with Goldman Sachs gives them added credibility on the credit card initiative (the card looks gorgeous and will be a talking point amongst consumers when seen in person). And I'm a Texture user so consolidating it on the news app makes no difference to my use of it. Link to comment Share on other sites More sharing options...
Liberty Posted March 26, 2019 Share Posted March 26, 2019 thread on Apple Card (via John Gruber): Link to comment Share on other sites More sharing options...
rkbabang Posted March 26, 2019 Share Posted March 26, 2019 Amazon VISA Now how did I miss the fact that this has no foreign transaction fee... I still use my Fidelity VISA. It has 2% cash back and a 1% foreign transaction fee. So basically it is 1% cash back on foreign transactions, same as the Amazon VISA. Link to comment Share on other sites More sharing options...
aws Posted March 26, 2019 Share Posted March 26, 2019 Probably a stupid place to ask this, but not owning any Apple devices means I cannot get the discounted subscription to WSJ, right? Link to comment Share on other sites More sharing options...
SHDL Posted March 26, 2019 Share Posted March 26, 2019 (2) unless you're using the card for mobile purchases, I don't see how you can purchase online without manually entering a temporarily-generated card number. Autofill by Safari? Granted, I don't see how it would work on a non-Apple device. Probably a stupid place to ask this, but not owning any Apple devices means I cannot get the discounted subscription to WSJ, right? I think so, and I think that is part of the strategy: offer something desirable and exclusive to keep/get people in their ecosystem. Link to comment Share on other sites More sharing options...
gary17 Posted March 26, 2019 Share Posted March 26, 2019 too bad i’m in canada otherwise would love to get a titanium credit card with nothing on it but mastercard and apple logo. Link to comment Share on other sites More sharing options...
Cardboard Posted March 26, 2019 Share Posted March 26, 2019 To reverse like this from being up over +2% to -1% intraday on a strong day from the S&P says a lot. Soros said that it took him 2 days to figure out if he was on the right side of the trade and based on price action so far, I think this is going to continue to go down. If the S&P or Nasdaq heads down at all this should underperform. So a decent hedge IMO. Nothing specific against Apple other than I think it continues to be a one product getting mature company. Cardboard Link to comment Share on other sites More sharing options...
rkbabang Posted March 26, 2019 Share Posted March 26, 2019 Probably a stupid place to ask this, but not owning any Apple devices means I cannot get the discounted subscription to WSJ, right? Yes. You could probably pick up a cheap used ipad if you wanted to use News+. Link to comment Share on other sites More sharing options...
Spekulatius Posted March 26, 2019 Share Posted March 26, 2019 Amazon VISA Now how did I miss the fact that this has no foreign transaction fee... I still use my Fidelity VISA. It has 2% cash back and a 1% foreign transaction fee. So basically it is 1% cash back on foreign transactions, same as the Amazon VISA. One of the few cards I have canceled. It’s administered by FIA, which I think is a BofA sub. Customers service is awful if you have a problem and their back office seemed ancient (I had a payment problem). I have credit union cards with 1% cash back and a 1% foreign transaction fee. That’s what I use when I travel. Capital One also works. Link to comment Share on other sites More sharing options...
rkbabang Posted March 26, 2019 Share Posted March 26, 2019 Amazon VISA Now how did I miss the fact that this has no foreign transaction fee... I still use my Fidelity VISA. It has 2% cash back and a 1% foreign transaction fee. So basically it is 1% cash back on foreign transactions, same as the Amazon VISA. One of the few cards I have canceled. It’s administered by FIA, which I think is a BofA sub. Customers service is awful if you have a problem and their back office seemed ancient (I had a payment problem). I have credit union cards with 1% cash back and a 1% foreign transaction fee. That’s what I use when I travel. Capital One also works. I've had it since before they switched from mastercard to visa, so right from the start and have never had a problem. It's my default card for everything other than gas, groceries, and Amazon. Link to comment Share on other sites More sharing options...
Spekulatius Posted March 27, 2019 Share Posted March 27, 2019 I thought there were a few interesting things from a consumer’s perspective: 1. A digital WSJ subscription now costs $400+/year, whereas Apple News+ includes access to the WSJ and costs $120/year. I’ll be giving the service a try for this reason alone. It’s a pretty solid offer from Apple for a change. Has the WSJ subscription become so expensive? I think I paid $100 for 6 month print and digital back in the day. The middle column on her front page alone was worth it. I felt when Murdoch (?) took over, the quality went down and the price went up, so I canceled. For $10/month with many other things, it might be well worth it. I th8nk I will give it a shot. Link to comment Share on other sites More sharing options...
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