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Apple Inc.
17-02-2019, 06:08 PM.
Post: #441
RE: Apple Inc.
"Half" of all subscription revenue may sound like a lot at first glance (and it is) but the caveat is "Publishers can provide their own ads within Apple News as a revenue stream, and Apple has its own ad program for Apple News which involves a revenue split between Apple and publishers." 

It's a new service, and they will make the necessary changes over time. I like the idea so far.
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger

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03-03-2019, 11:44 PM.
Post: #442
RE: Apple Inc.
Interesting insights from a China Foxconn factory in the article below. In one of the videos accompanying the article, a Chinese interviewed felt that the reason for slowing Chinese iphone demand was due to Apple iphones being overpriced compared to local China brands.

For myself, I also think Apple iphones are overpriced compared to Android phones. I think buying Apple pdts is more of buying its brand, e.g. LV / Hermes handbags, BMW cars, etc. Ultimately, I guess the demand will always be there, and, furthermore, Apple doesn't only make $ from its pdts, it has an entire eco-system.

*Not yet vested coz must follow Super Guru WB*  Tongue

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Foxconn, a tale of slashed salaries, disappearing benefits and mass resignations as iPhone orders dry up

- Workers line up on a daily basis to leave the world’s largest iPhone assembly plant in China’s Henan province as overtime opportunities plunge
- Apple CEO Tim Cook announced in January a 5 per cent fall in fourth quarter revenue, attributed in large part to weaker demand for new iPhones in China

Updated: Saturday, 2 Mar, 2019 2:26am

......the sharp drop in iPhone sales since the middle of last year, much of it due to weaker Chinese demand, has cast a shadow over the manufacturing giant......Around two dozen workers told the South China Morning Post that their salaries had been cut at the end of last year, an unprecedented step in their experience....

“In 2017, we were churning out iPhone 8s. I was thrilled that I could work 11 hours every day and didn’t take any leave on weekends. Supervisors always demanded more from us, they even asked us to hurry up when we went for water,” she said......

According to Bloomberg, Foxconn plans to slash production costs by 20 billion yuan (US$3 billion) in 2019 with a “very difficult and competitive” year expected.....

More details on https://www.scmp.com/economy/china-econo...s-and-mass
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