Thread: Amazon readying 9-inch Kindle Fire for 2012, analyst predicts
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Old 02-14-2012, 12:38 PM   #42
Andrew H.
Grand Master of Flowers
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Quote:
Originally Posted by wizwor View Post
I'm guessing you are young. Apple has been a sputtering company for a generation. Great ideas with no market. Jobs marketed Xerox magic until the company outgrew his abilities then Skully came in to inflict discipline then Jobs was fired then the company floundered then Jobs returned with another company's ideas (Next/Beos) then Apple floundered some more then Gates bailed out Apple to ward off the antitrust lawyers and Apple sold some MP3 players and a tablet.

That is not a business plan. Jobs is dead and Apple will follow.

Bezos sounds a lot like Jobs. He has the passion and the vision. The difference is that his INSANE products are married to a SANE bussiness plan.
No, I'm not particularly young. But I can read a balance sheet. And I can only conclude that your bizarre "history" of Apple is motivated by dislike of the company. A dislike so pronounced that it causes you to ignore (or be unable to see) what Apple has accomplished over the past 15-odd years.

I mean, seriously "Apple sold some MP3 players and a tablet?" Do you really hate Apple so much that you are willing to ignore reality.

I'm a big fan of Amazon, but the fact is that they are *barely* profitable. Apple, meanwhile, went from near bankruptcy in 1997 to being the most valuable company US company and the - by far - most successful tech company. All of which is the result of consistent and sustained growth over the past 10 years. Apple is now worth more than Google and MS combined.

In Amazon's most recent quarter, they had $17B in revenue and only $117M in profit. Apple had $46B in revenue and $13B in profit.

Amazon's profits are down almost 60% from a year ago, and they have warned that they may not make any money this quarter. Amazon can afford a few quarters of losses, and I think that they probably do have a decent plan for increasing profit.

But Apple has been very profitable for the past 10 years - much more profitable than its competition.

You would have to be delusional to argue that Apple doesn't have a sound business plan.
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