undefined | Better HN

0 pointsjvagner6y ago0 comments

Apple will never get the same P/E love, because they only make like 4 things (Mac, iPhone, iPad, services).

Everyone loves to hate on Apple on multiple fronts (elitist, expensive, over the hill), whereas the hate on Amazon is really about one thing.. that ol "makes no profit" canard.

CLARIFICATION: I’m talking perception, not my beliefs. Uber’s a scam, as far as I can tell, but they will either pull off a miracle or be the biggest Groupon of all time. And Snap isn’t very good at being a public company.

0 comments

Fnoord6y ago

> whereas the hate on Amazon is really about one thing.. that ol "makes no profit" canard.

Ahem [1], and while we're at it, [2]

My criticism to Apple isn't that they're being expensive; it is related to right to repair and their constant efforts to hamper that. Amazon just undercuts everyone, and Turk globalizes cheap workforce. For ridiculous low payment. These are just 2 examples you did not mention. You can read more in the sources below.

[1] https://en.wikipedia.org/wiki/Criticism_of_Amazon

[2] https://en.wikipedia.org/wiki/Criticism_of_Apple_Inc.

privateSFacct6y ago

People have historically been willing to pay apple more because in part of how seamlessly integrated their products are. I bought a “repairable” android and it was junk / not updated. My old iPhones have kept value far better than friends androids after 3 years. Apple is doing something that preserves phones value (ie, they may actually maintain them for longer with updates etc vs their “repairable” competitors.

And I’ve never had a problem getting my phone repaired

jvagnerOP6y ago

I don’t disagree with that, but I don’t think the market cares about that.. w/r/t Apple.

I wish they weren’t targeting the masses so completely. iPhones shouldn’t have the absolute worst charging tech in the box.

kondro6y ago

What’s Salesforce’s P/E again? Or Facebook or Twitter or Uber or Snap?

Godel_unicode6y ago

For the curious: 105, 33, 13.55, 2366, -19, respectively.

capkutay6y ago

Yeah as an investor I still really like Apple. They have a TON of cash, billions of highly qualified users that they can easily roll new products/services to (iphone owners), and all the while they're frugal and meticulous about how they use it.

I think the stock will pop once news breaks of another breakthrough product...whether its a car or something else.

outside12346y ago

Amazon makes a very small amount of profit for its sales. If they were forced to split out AWS, they would make no profit. Also a fact. That is a pretty scary place to be.

tonyedgecombe6y ago

I wonder if the distribution side of the business will ever become profitable. I know the argument is that once they dominate they can start raising prices but these types of business are inherently low margin, competitors will see their profits as an opportunity.

j / k navigate · click thread line to collapse