{"id":402008,"date":"2019-03-30T19:11:06","date_gmt":"2019-03-30T18:11:06","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/apples-rotten-core-lewrockwell\/"},"modified":"2019-03-30T19:11:06","modified_gmt":"2019-03-30T18:11:06","slug":"apples-rotten-core-lewrockwell","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/apples-rotten-core-lewrockwell\/","title":{"rendered":"Apple\u2019s Rotten Core – LewRockwell"},"content":{"rendered":"
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n

Entering commoditized, fiercely competitive low-margin services cannot substitute for the high-margin profits that will be lost as global recession and saturation erode iPhone sales.<\/i><\/p>\n

Apple has always been equally an enterprise and a secular religion.<\/b>\u00a0The Apple Faithful do not tolerate heretics or critics, and non-believers \u201cjust don\u2019t get it.\u201d<\/p>\n

So the first thing any critic must do is establish their credentials as a Believer:<\/b>My first Mac model 0001 was the 21,447th made in week 32 of 1984 in Fremont, California. Now that we\u2019ve established that, we can move on to my profound sense of anguished abandonment that Apple ceased producing the iPhone SE, the only form factor that works for me.<\/p>\n

But Apple Faithful are accustomed to repeated bouts of anguished abandonment; it\u2019s just one of the burdens the faithful must bear.<\/p>\n

Focusing on the enterprise rather than the religion, Apple\u2019s core\u2013its revenue and profit potential\u2013is rotten.<\/b>\u00a0As the charts below illustrate, despite all the happy talk about growing \u201cservices,\u201d the hardware-software iPhone generates nearly 60% of Apple\u2019s revenues. The iPhone ecosystem is also the foundation of the \u201cservices\u201d currently being hyped as replacement sources of revenue.
\n\"\"<\/a><\/span><\/span>
\nPathfinding our Destin…<\/a><\/span><\/span>
\nCharles Hugh Smith<\/span>
\nCheck Amazon for Pricing.<\/span><\/span>
\n<\/a><\/span>
\n<\/span><\/p>\n

The problem is that the proprietary features of the iPhone that have generated strong demand as prices kept rising are reaching\u00a0diminishing returns<\/i>.<\/b>\u00a0People want the status of owning an iPhone, but there are limits on what the bottom 90% can pay for that status.<\/p>\n

The new features of the $1,000 iPhones have also reached\u00a0diminishing returns<\/i>.<\/b>\u00a0This is analogous with adding memory to a computer or increasing the pixel count in a digital camera: at…<\/p>\n<\/div>\n

Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Entering commoditized, fiercely competitive low-margin services cannot substitute for the high-margin profits that will be lost as global recession and saturation erode iPhone sales. Apple has always been equally an enterprise and a secular religion.\u00a0The Apple Faithful do not tolerate heretics or critics, and non-believers \u201cjust don\u2019t get it.\u201d So the first thing any critic […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-402008","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/402008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=402008"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/402008\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=402008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=402008"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=402008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}