Bart Yee on Look at the monthly peak Apple's iPhone just hit in China - '“Just looking at the chart without numbers it “appears” that Oct. ‘22 surpassed ‘21 and it doesn’t “appear” that ’24 “far exceeds” either one. I guess some numbers would help.“ Stephen, this is an issue I have with this particular style of “percentage of sales market” reporting. It’s maybe a handy metric for the smartphone manufacturers and Counterpoint’s clients (90% Chinese OEMs, and reporting on Apple, and Samsung on non-China Markets) to use but it’s a very relative term when trying to compare previous quarters or months with current. Why? The problem is the size of the market at the time and the relative market share by any maker, in our case Apple. To answer your query, the October ‘25 month’s 25% overtook October ‘21 23.5% and matched ‘22 October months’ 25% per previous Counterpoint reports, but agree, nnot “far exceed”, I didn’t see that comment in either article posted today. In ‘21, sales continued to climb through November even higher than October ‘21 while in ‘22 it peaked with October. Checking back on Counterpoint, Apple’s market share during the Q4 CY21 quarter was 23.0% while ‘22 Q4 was 23.7%. BUT, in 2022, while still being affected by the Pandemic, “China’s smartphone sales declined 14% YoY in 2022 to its lowest level in a decade…the fifth consecutive year of decline…Apple captured 23.7% of the market…but it registered a double digit decline (-12%) like major Android OEMs.” So then in 2022, Apple was given a backhanded complement in having a bigger 23.7% of a much smaller pie, similarly Apple’s ‘21 23.0% is a lie that was bigger. I’ll have to do some research to see how large the current China pie is but a larger piece of a larger pie is a good thing.'
on Richard Windsor: Replacing Apple's MasterChef - 'Joseph, I agree. 1) He’s not too old to take on this next phase with purpose and energy. 2) If I am half-correct, it is precisely the right time. Tim won’t be heading off doing some vague titular thing… he’s focusing on the thing that Apple will become. 3) which is why I don’t think it’s a CEO job anymore. It’s a more of a design and an external job. And the CEO has to be present in the business and where it is going to do an honest job for shareholders. I think this is a very new thing. If there was a product, Tim was the product guy for, this is the product. And it’s still Apple, 4) which brings me to fourth and finally, The world is changing and at a moment of inflection and possibility to a greater degree than we realise. The edge of the uncanny valley just got pushed hard and fast, further out. Apple is going to want to design the human experience for this new terrain and it’s no longer what consumers want anymore. It’s what humans want. And yeah, even I, from a remote and distant context, can see that it’s urgent.'
on Richard Windsor: Replacing Apple's MasterChef - 'One casts aspersions, but autoincorrect can fix just about anything.'
on Look who lined up to buy Apple's Issey Miyake iPhone Pouch - 'At $230, a fashionista can pay for it by selling just one share of Apple stock. And still have enough left over for a café latte, and a bagel with a Schmear. This is something Apple‘s very good at. Being part of the Zeitgeist.'
on Look at the monthly peak Apple's iPhone just hit in China - 'Hi, Dan. Good point, and upvoted. “Apple’s secondary market has long been ignored.” Not by Apple 3.0 folks: Mr. Market’s focus on “market share” versus “installed base” has long been derided here! To your point about second-hand iPhones becoming primary purchases, when you can sell your second hand smartphone for a significant fraction of the cost of a new one, then why not do so and buy a new one?'
on Look at the monthly peak Apple's iPhone just hit in China - 'Is this, at least in part, second hand iPhones now becoming primary purchases? If so, there’s a tsunami of these in the pipeline. Apple’s secondary market has long been ignored. It’s becoming increasingly hard to ignore.'
on Look at the monthly peak Apple's iPhone just hit in China - 'Apple should register the trademark on that, so nobody else can use it – that would make me laugh!'
on Look at the monthly peak Apple's iPhone just hit in China - 'I’m sure “Apple is Doomed” is a registered trademark of some Apple ANALyst somewhere…'
on Look who lined up to buy Apple's Issey Miyake iPhone Pouch - 'The runway show might be enjoyable. But would you pay thousands for their outfits? 🙂'
on Look who lined up to buy Apple's Issey Miyake iPhone Pouch - 'This collab with Miyake makes me think of the youth brand “Supreme”. A limited edition of the sock and constrained supply is in Apple’s wheelhouse, Of course these socks are not for us. For years Apple has made bank at the intersection of technology and aspirational design. I’d wager these limited edition socks will sell for at least twice their purchase price on the resale market in a year or two.'
on Premarket: Apple is green - 'Entering the final 90 minutes of trading today and advancing equities are leading in number equities with declining share prices. This is despite the fact the major market indexes remain in the red on the day. Apple is now up $0.41 at $267.87. In a reversal from Monday’s losses financial stocks are moving higher today. Citizens Financial, the bank that provides financing for the Apple Upgrade Program, is now in the green 1.41% at $50.41. General Mills, working back up from its recent 52-week low of $45.80, is up by $0.75 today at $47.72.'
on Premarket: Apple is green - 'Ran out of edit time. I was going to suggest Apple invest in this guy. Maybe Apple already has. https://www.msn.com/en-us/news/technology/he-s-been-right-about-ai-for-40-years-now-he-thinks-everyone-is-wrong/ar-AA1QtEKt'
on Look who lined up to buy Apple's Issey Miyake iPhone Pouch - 'What I find strange is the silence coming from OpenAI regarding the 6.5 Billion dollar purchase of Ives company io. In that purchase agreement was a stipulation that Johnny would be left alone to do the heavy design lifting on his own. Strange bedfellows at OpenAI these days.'
