The primary function of today’s Apple is to sell gadgets through the Apple Store, not make software. My suspicion is that Cook wants to concentrate on hardware rather than software because Apple makes money from software.Read more
Hence, I think there will be no herd immunity to COVID-19 until the end of 2021 at the earliest. Herd immunity is the point at which a large portion of the population is immune to coronavirus.Read more
Thus, Apple Pay now has similarities to a bank. To explain you can now pay bills, transfer money, access saving accounts, access checking accounts, and lines of credits through Apple Pay.Read more
Thus, Jeff Bezos’ actual genius is not in retail or discounting but in saving time. Consequently, Amazon Prime offers one stop shopping, delivery, music, and streaming video.Read more
Thus, coronavirus is both a crisis and an opportunity at Apple. The opportunity is more demand for its products and services. The crisis is disrupted supply chains and lower demands for some products.Read more
Microsoft is a far better candidate for FAANG membership than Netflix.Read more
Thus you could buy over four shares of NAMPOF for the cost of one unit of FAANG. To elaborate, $876.46 multiplied by four is $3,543.80. Meanwhile the combined cost of FAANG was $3,779.46 on 13 September 2019.Read more
“We’re watching cryptocurrency,” Jennifer Bailey, reportedly said to Christine Romans. “We think it’s interesting. We think it has interesting long-term potential.”Read more
Having money to burn allows Apple to enter risky ventures like Show Business. In particular, I think Apple is able to do serious damage to Netflix (NASDAQ: NFLX).
To enumerate, Apple can afford to hire big stars, major directors, and expensive talent to produce high-quality programming without affecting its bottom line. In particular, Apple can cut large checks to stars and creators and avoid paying them royalties or a cut of the profits.
For example, Applecould write a $30 million or $40 million check to Robert Downey Jr. or Jackie Chan for a starring role. Hence, Apple can buy a lot of exclusive content with a readymade audience.
Uniquely, Apple can create exclusive content just for Apple TV or iTunes. Then give it away as a loss leader to buyers of its products. For instance, the only place you will see the next Robert Downey Jr. movie is on Apple TV.
On the other hand, Netflix reported $3.067 billion in cash and short-term investments on 30 September 2018. Thus, Netflix will have to pay talent in royalties or a cut of the profits.Read more
Apple (NASDAQ: AAPL) is desperate to get people to use Apple Pay. In fact Apple employees were wandering around Chicago begging people to use the mobile wallet.
Apple salespeople were going door to door on October 7 in Chicago’s Lincoln Park in an effort to push the wallet, Bloomberg claims. The “ambassadors” were touting a $1 taco promotion at food trucks in an effort to promote Apple Pay.
Apple claims that 60% of US merchants have the equipment to accept Apple Pay. Unfortunately, most of the big names in American retail including Walmart, Kroger, and Target, refuse to accept Apple Pay.
Notably, Target (NYSE: TGT) even refuses to accept Apple Pay in its wireless Skip the Line system. To explain, Skip-the-Line is a mobile device that lets shoppers pay Target associates with credit cards or the Target app without going to a cash register. However, Apple Pay users can pay at Target through the Target app.