Event was neat today but is anyone else disappointed by the lack of a refreshed iPhone SE? There is a giant market of people like me who are still running legacy (in my case, iPhone 6) phones who want to upgrade but within reason. All I want are some updated specs, a better camera and screen, and a goddamn physical headphone jack. Easy billions for Apple if they do this, but they don’t. What gives?
Make more TC and buy the overpriced phone so our industry can continue to thrive. Then we can all make more TC 💰
Either Apple is still hiding something or soon they will drop out of FAANG.
😂 ☝️ 😂😂 Our market cap is larger than yours, Amazon!
On my second 5SE but it’s dying and I’m annoyed that the market does not have a reasonably sized phone anywhere
I believe this event was a signal to investors that Apple is pivoting to services and doubling down on subscriptions across gaming, news, TV channels, original content, magazines, financial services. I watched the live stream and it made me realize that Apple has a strong vision and cohesive products around that vision. I am sure they will eventually launch more phones and devices, but today they made it clear that with no ads, no selling your data, that the way into the eco-system is through an Apple device.
Billions from a small phone? If that were true I’m sure they would be interested. Do you know how the market works? Demand needs to drive. There is obviously not enough market demand (in research) that shows a billion is being left on the table. Just because you want it doesn’t mean 100M other consumers do.
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More profit if people start buying thousand dollar phones even if a few are turned away.
This is probably the case. They don’t want to cannibalize their own sales by offering a phone that the rest of us want. However more and more people are holding out like me and they will need to eventually. In their last earnings report they even mentioned lack of iPhone sales and blamed it on China, while that’s definitely a factor, people like me are another factor that’s only growing.