> Make products people want and they buy, ignore them, and they don't.
What does this even mean? When I went to my local Apple Store to see the iPhone air in person (to decide if it was right for me, which it was), they had a line out the door for people who wanted to buy new phones. Their Mac business is very healthy since introducing their own silicon. Everyone in the Bay Area (skewed, I know) has AirPods on the train or at the grocery store.
AirPods are certainly super popular, but I can't think of many places that are extreme outliers in almost every category like the Bay Area. A lot of startups have failed assuming their business that worked for Bay Area customers would work elsewhere.
This is true but airpods is a bad example. They are a runaway success. Estimates are they did around $25bn of revenue in the last year. For context the highest annual revenue Bose ever did was $4bn (since declined). Sonos does something like $1.5bn. If Airpods was a standalone company it would be one of the biggest consumer hardware companies in the world.
What do you mean serves them right? They made records.
The title was changed since I made my comment. Seems the message of their earnings increase outdid trepidation about their future.
FWIW the submitted title was "Apple reports fourth quarter results" and hasn't changed.
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Beats earnings consensus, up 4.5% in after hours, yeah, that’ll learn ‘em. You misread something, but I’m not sure what it is.
> Make products people want and they buy, ignore them, and they don't.
What does this even mean? When I went to my local Apple Store to see the iPhone air in person (to decide if it was right for me, which it was), they had a line out the door for people who wanted to buy new phones. Their Mac business is very healthy since introducing their own silicon. Everyone in the Bay Area (skewed, I know) has AirPods on the train or at the grocery store.
AirPods are certainly super popular, but I can't think of many places that are extreme outliers in almost every category like the Bay Area. A lot of startups have failed assuming their business that worked for Bay Area customers would work elsewhere.
This is true but airpods is a bad example. They are a runaway success. Estimates are they did around $25bn of revenue in the last year. For context the highest annual revenue Bose ever did was $4bn (since declined). Sonos does something like $1.5bn. If Airpods was a standalone company it would be one of the biggest consumer hardware companies in the world.