Linked by Thom Holwerda on Wed 22nd Oct 2008 22:36 UTC
Apple Apple has presented its financial earnings for the 4th quarter of the 2008 fiscal year yesterday. Despite an across-the-board slump in growth, spectacular iPhone sales more than made up for the lost growth, beating the ten million iPhones claim. You can read all about it at Ars. What's more interesting were a number of remarks from Jobs regarding netbooks and cheap computers.
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RE: As usual...
by galvanash on Thu 23rd Oct 2008 04:23 UTC in reply to "As usual..."
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Messr Jobs is out of touch with the real world, and this is why Apple products are niche.

I know a lot of people who voice such sentiments, but it just isn't logical. Apple is niche not because they have failed or are somehow out of touch with reality... They are niche exactly for the reasons Jobs states - its part of their DNA, i.e. it is what makes them Apple. They are particularly good at designing and selling high margin products that people want - not everyone, but enough people that the volumes are high enough to sustain their business (and then some).

Competing on price and going after volume is simply not interesting to them, so they don't. It's a lovely position to be in, i.e. not having market pressure force your pricing. Most companies would kill to be in that position.

There was an article here recently stating the entire Linux ecosystem was valued at $25 billion dollars. Whether that is correct or not, I find it an interesting coincidence that Apple has exactly that much money right now... Cash - and no debt. Can you honestly say being niche isn't working for them?

ps. I don't own ANY apple products, not even an iPod. I'm a PC user. I've played with OSX on other peoples machines and I actually like it. I'd love a cheap Mac - but I don't hate Apple for not giving me one. I'm a rational guy. Frankly if I were Apple I wouldn't give a rats *ss what people like me wanted - it isn't in their financial interest to do so.

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