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Topic: I bought Apple stock because iPhones are garbage. (Read 419 times)

hero member
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First of all I am an Android user too cause I don't like the user experience of IOS and we need to take lot of work to do simple things on IOS compared to Android but Apple devices are known for their performances too apart from camera because the hardware designed specifically for the IOS so it performs well along with efficient but that doesn't worth $1000 but people are going after it just for the brand so there is nothing wrong with investing in their stocks but I don't expect it to grow a lot further like Tesla or something.
full member
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Well that’s because the Apple ecosystem has been made that way. You get many benefits and whatever you have mentioned are just little cons and that too associated with the prices as such. The cost is all about the branding and security. They are proven to be far secured as compared to the androids. No one can really beat the security of Apple I believe. When you enter the ecosystem of Apple no one can beat the easiness of Apple.

In your post I’m also looking for the stock purchasing answer. If you are not positive about the Apple then why did you buy them in first place.
copper member
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It all depends on the user whether or not you have the right tools and applications for the specific things that you are doing. They are definitely at the ends of the spectrum and most of the time they are within their reasons and it's with the ecosystem that it has. I have an iPhone and that's my daily phone but I'm planning to get an Android as well and have both of them being used together.

It's all in your choice and the system that you want. I don't think it's garbage though.
newbie
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A:

There are a lot of factors that go into the decision to buy an Iphone.

1. The is going to be higher than the price of the phone.
2. The phone is going to be used for long periods of time.
3. The phone is going to be in a brand new model.
4. The phone is going to be a smart phone.
5. The phone is going to be compatible with the hardware and software that you have.
6. The phone ideo calls.
7. The phone is going to be good for voice calls.
8. The phone is going to be good for GPS/G
hero member
Activity: 1974
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I know people with low incomes that finance the Iphone for 24 months and when the new one comes out they go to get it by refinancing (although they also get a discount for returning the old one).

Apple has managed with the Iphones to sell an idea of status or prestige that has no justification in the quality of the product, but in the faith that their followers have in them.

Therefore, I think it will continue to be a very good business for many years to come.

I know similar people like that as well, they don't have a lot of money and still they will buy the new Iphone every 2 years. Which is insane in my opinion, why would you cut back on your monthly expenses by eating crappier food, don't go out so much anymore and only buy the cheapest clothes, with the whole purpose of having the newest phone? It makes no sense to me as all the components in the older Iphone are still fine and can be used. It would be no problem to run around with a 4 year old Iphone if there wasn't the whole prestige thing with it. As for buying Apple stocks I never considered purchasing some myself. I do own some as part of the ETFs, all the stock indices from North America will include some Apple stocks. Not sure though if it's a good time to buy now. In general Apple is a well established company with stores all around the world, so it's a decent investment. It's just that the stock price is quite close to it's 52 week at the moment, maybe it would have been better to buy the stocks earlier during the crisis last year, or wait for the price to drop a bit again.
hero member
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Here in our country, the apple or iphone14 brand can be said to be a luxury and not user friendly. The others are just buying because they are just going along with the current trend. When it comes to performance, I still prefer to use the Samsung brand whose value is 300$ and up and Huawei. But I will never buy an iphone apart from being very expensive it is not practical for my opinion and opinion.
But for others, it is their collection because they can afford to buy it.
I think Apple phones are user friendly but Android is the one that is more complex. This is why there are lot's of modifications available for the Android than in IOS although yes they are not budget friendly unless only if you are buying a second hand model because some of them are cheap and it is still negotiable.

Average people even the poors are buying iPhones because they want to look expensive but they don't know that they can still be classified as a poor through their gestures. You have a good budget on buying a smart phone BTW. I wouldn't consider 300 USD as a small amount of money although it won't still be enough to buy a brand new latest iPhone.
legendary
Activity: 1372
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Apple users know that Apple products are not the best but they buy them anyway. I think they are more interested in the prestige of owning a iPhone, a MacBook or a series watch, we like luxurious things and love to show them off and Apple has projected itself as the product that’s used by the upper echelons of society.

Lol. That's what I was talking about. The prestige of buying something that people earning minimum wage can buy by paying it in installments.

If we talk about the espionage that Apple is conducting, then this exceeds all norms of human decency. It intervenes wherever possible, justifying surveillance on the grounds that the company is concerned about the user's safety.

In general, carrying a cell phone in our pocket takes away quite a bit of privacy, but I think Apple is the most anti-privacy of all mobile companies.

While it's interesting to see the outcome of your experiment, it is curious that you'd waste whatever large sum it cost you for an iPhone in order to figure these things out. Maybe asking a friend and having a little play around could have come up with the same thoughts, but you might have a lot more free cash that makes this acceptable. means little.

Man, you can imagine that it has not been a problem for me to pay for it in cash. If you saw my posts in which I talk about personal finances, it's been a long time since I've had consumer debts and it's also been a long time since I've been constantly investing. From time to time I also splurge, as in this case.

If I were you, I would buy an iPhone 14 pro instea of just 14, just saying.

Why? After the disappointment I don't think it's worth it, I think I could have bought the Iphone 13 or 12 and I wouldn't have noticed the difference.

The arguments that iPhone users do that iPhone is better than Android are totally baseless and some of them even know it.

Lol. It's just like that. What's important is the Apple on the back of your phone.

I'm not a fan of Apple stock, but I do like the idea of a smartphone that can be used as a store of value. .

This is an idea that Apple users buy into that I'm not convinced by: that Iphones have a higher resale value than Android. Although it is true, I think it does not justify the price premium and in the end it is a liability that depreciates over time.
newbie
Activity: 28
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It is indeed a good thing to buy something because you will have to wait and see what the price is after you try to make money when Apple and other big Apple businesses are doing well, and if you are not patient to buy it right now, you can try the old phone, or Iphone, because I'm not a huge Apple fan, and I don't see any reason to get an Iphone, but that's all. I think we are at the beginning of a new era wherein Apple has made from Apple and will continue to make an important purchase decision, for now, it's going to be important, as you could argue with the point of the current Apple-Apple business model, that it has succeeded in this way. You can also argue that Apple has also had success in this way, but I don't see any reason for them to abandon Apple and leave all Apple users to Apple.
newbie
Activity: 28
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I'm not a fan of Apple stock, but I do like the idea of a smartphone that can be used as a store of value. It's good to have a stock that is cheap, but not as good as it is right now.
hero member
Activity: 1778
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This is what I mean, Iphone purchases are usually more emotional than rational, almost of faith I would say. A lot of people expectantly awaiting the unveiling of each new Iphone and lining up to buy it when the reality is that it's a little less shitty than the last one and that a $300 Android works just as well if not better.

It is also a way of trying to appear status, in a crude way, because if you have a Ferrari you are seen with status but almost nobody can afford it. On the other hand, people with very low income believe that with the apple on the back of the phone they look like they have a certain status or prestige.
It is this emotion that often gets people into trouble because they are unable to assess their needs and are more concerned with lifestyle. Nowadays our life is like pretending and a little more joking, just imagine the need to buy an iPhone is not something urgent, but people are competing to have this product, even though the usage for the $300 Android class is far more optimal because there are also features needed by the ordinary user class.

It is this kind of prestige that makes people lose the opportunity to live in peace and are indirectly forced to fulfill a lifestyle that ultimately suffers from having to take out a loan. This rude way of showing status to others is sometimes confusing and makes no sense to me at all.
full member
Activity: 1134
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I bought the Iphone 14, paid in cash, without insurance or shit, and after a few weeks of use, the only thing I see better than Android is the camera. The operating system sucks, and has disadvantages like it sucks to copy and paste conversations on Whatsapp, or not being able to edit a word you are writing when you see that you made a mistake in a letter without deleting the whole word. The swype keyboard sucks. The same for phone numbers: if you make a mistake while typing or you copy and paste a phone number and you want to add the international prefix, you can't do it, you have to delete the whole number and write it again without the error or with the prefix at the beginning, depending on the case. 

In the end, I think it's at the very least equal to, if not worse than any $300 Android, which I came to the conclusion that if Apple has managed to sell shit at a gold price, I wanted to be part of the deal and have bought Apple stock.

I know people with low incomes that finance the Iphone for 24 months and when the new one comes out they go to get it by refinancing (although they also get a discount for returning the old one).
The arguments that iPhone users do that iPhone is better than Android are totally baseless and some of them even know it. I've seen a lot of people who understand that in terms of general use, Android is much better than the iPhone, but they use iPhone only for the standard that has been made by the world and the status it beholds.

I've personally never used iPhone and that's not because I can't afford to but it's because I know that it's garbage and it will limit my usage abilities and I don't want that to happen. I don't just want to hold the status of being an iPhone user while I can't even do basic stuff with it.
member
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Your comparison of the two operating systems and your experience migrating from an Android to an iPhone are interesting to hear. Although both Android and iOS have benefits and drawbacks, the decision of which to use ultimately comes down to personal preference and what works best for each person.

It's also important to keep in mind that elements other than a product's technical attributes can affect how valuable people consider it to be. Apple has been successful in establishing a brand image that is linked to exclusivity, luxury, and status, which has enabled them to build a loyal customer base and charge a high price for their goods.

Although it is also true that Apple products are more expensive than those from other brands, this does not necessarily mean that they are of higher quality or performance.

The choice of which phone to use is ultimately a personal one that should be based on what best suits your needs and tastes. It's nice to hear that your investment in Apple stock has been profitable, and it's always a good idea to conduct your own research and make well-informed investment selections.
hero member
Activity: 1974
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You are really thorough in this matter, even some people like me don't know how skilled they are about electronic goods, so it's really worth investing in. What's more, maybe I don't really care about the trend of cellphones, which are getting more and more updated every day, so that it increases interest in investing. And so far my view of electronic goods, especially cellphones, is only limited to communication tools, nothing more than that. Even I hold an android phone that is outdated but decent to use and can still support my daily needs.

But if the context is like you who are this detailed in the purchase, it feels like it goes back to how much we need it and how important the cellphone is to reach for something more than just communication.
hero member
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So, I had been an Android user for a long time, specifically a high-end Samsung, except once when I got a Huawei or Xiaomi as a present, I don't remember.

I recently decided to buy an Iphone to see for myself what was good about it and compare it with Android, because I had seen eternal debates on the internet and I preferred to decide for myself.

I bought the Iphone 14, paid in cash, without insurance or shit, and after a few weeks of use, the only thing I see better than Android is the camera. The operating system sucks, and has disadvantages like it sucks to copy and paste conversations on Whatsapp, or not being able to edit a word you are writing when you see that you made a mistake in a letter without deleting the whole word. The swype keyboard sucks. The same for phone numbers: if you make a mistake while typing or you copy and paste a phone number and you want to add the international prefix, you can't do it, you have to delete the whole number and write it again without the error or with the prefix at the beginning, depending on the case. 

In the end, I think it's at the very least equal to, if not worse than any $300 Android, which I came to the conclusion that if Apple has managed to sell shit at a gold price, I wanted to be part of the deal and have bought Apple stock.

I know people with low incomes that finance the Iphone for 24 months and when the new one comes out they go to get it by refinancing (although they also get a discount for returning the old one).

Apple has managed with the Iphones to sell an idea of status or prestige that has no justification in the quality of the product, but in the faith that their followers have in them.

Therefore, I think it will continue to be a very good business for many years to come.
Investing in Apple inc is somehow good, they have good branding, they are already dominating the market for so long they also have a decade of services and proven track record so you can assure that in any situation apple can have their own strategy once things go wrong and market falls. Apple is a good brand and many business trust Apple.
legendary
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the only thing I see better than Android is the camera. The operating system sucks, and has disadvantages like it sucks to copy and paste conversations on Whatsapp, or not being able to edit a word you are writing when you see that you made a mistake in a letter without deleting the whole word. The swype keyboard sucks. ~

Quite subjective since those things you mentioned are rather on the UX side, maybe you will get used as soon as you use it regularly. As for editing a word, most document applications should be able to set the cursor to a specific part of the word so you didn't have to delete the whole one.

In the end, I think it's at the very least equal to, if not worse than any $300 Android, which I came to the conclusion that if Apple has managed to sell shit at a gold price, I wanted to be part of the deal and have bought Apple stock.

I know people with low incomes that finance the Iphone for 24 months and when the new one comes out they go to get it by refinancing (although they also get a discount for returning the old one).

Apple has managed with the Iphones to sell an idea of status or prestige that has no justification in the quality of the product, but in the faith that their followers have in them.

I could not agree more that they have prestigious branding. It is also worth mentioning the Apple tax. Apple is known to set strict boundaries within their ecosystem, fortunately, the recent EU regulation makes them allow sideload/install applications from outside of Apple sources. That kind of enforcement is a good thing to minimize the monopolies they have gotten.
hero member
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I would say it's sort of a non conventional way of thinking, even investors don't think like this. Most of the investors, invest in products and solutions which they feel are groundbreaking or have even solved problems in their own lives. Here I feel you are feeling that the product or the solution is a complete shit but the story that the product tells is good, which is why Apple is running nicely. I somehow agree with the story part, but will tell you one thing for sure. If a product is not worthy and only sells due to story telling, the company surely doesn't has a good future ahead so beware while investing.

It can't be about the story telling only. I doubt that the Apple products are worth as much as they actually are, but I have been an Apple user for a long time and apart from the fact that any necessary repairs are extremely expensive, I got stuff replaced for free most of the time. Their service has been pretty strong for me personally and they are quick to help. The only thing that is really a pain in the ass is the material smartphone producers use for their displays. I am sure they could be using material that can't get broken as easily. That was probably the biggest issue I had with my iPhones. But in general I think the devices are highly reliable. Never had a phone dying out of a sudden or anything like that.

Now this is no safe bet per se, but Apple is also sitting on 200 billion USD in cash. Their ability to undertake major investments in R&D and to pay huge dividends for quite some time to come is probably a big pro from an investor's point of view.
The prime cost or the ex factory cost of Apple might not look that high and this makes it look very expensive. But if you see Apple is a heavy investor on it's new Technology as well. Also both it's opex and capex in terms of R&D is very high. I heard they even patented the technology of self healing screens which obviously could be a ground breaker. It would like increasing average phone lives by 1-2 years. But obviously apple Knows it's like hitting your on feet with an axe because eventually it's killing it's repeat customers so this would mean initial product would Cost much much higher as well. So obviously it might not be worth the price based on factory cost but overall cost of Apple per phone is still too high.
copper member
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I also an android user for couple decade now if I had money I would surely buy an high end android like Google Phone or Samsung or even Xiaomi Flagship.

In my country iPhone is like the god of phone many of them praise it no doubt the camera is good but the other things is good at android The only problem with android is they don't have the ecosystem or lack of it.

and in the other hand iPhone is crazy expensive and in my opinion iPhone is one of luxurious brand out there. But if you are an apple boy you will probably debating me but that is okay world is full of it hahaha
hero member
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So, I had been an Android user for a long time, specifically a high-end Samsung, except once when I got a Huawei or Xiaomi as a present, I don't remember.

I recently decided to buy an Iphone to see for myself what was good about it and compare it with Android, because I had seen eternal debates on the internet and I preferred to decide for myself.

I bought the Iphone 14, paid in cash, without insurance or shit, and after a few weeks of use, the only thing I see better than Android is the camera. The operating system sucks, and has disadvantages like it sucks to copy and paste conversations on Whatsapp, or not being able to edit a word you are writing when you see that you made a mistake in a letter without deleting the whole word. The swype keyboard sucks. The same for phone numbers: if you make a mistake while typing or you copy and paste a phone number and you want to add the international prefix, you can't do it, you have to delete the whole number and write it again without the error or with the prefix at the beginning, depending on the case. 

In the end, I think it's at the very least equal to, if not worse than any $300 Android, which I came to the conclusion that if Apple has managed to sell shit at a gold price, I wanted to be part of the deal and have bought Apple stock.

I know people with low incomes that finance the Iphone for 24 months and when the new one comes out they go to get it by refinancing (although they also get a discount for returning the old one).

Apple has managed with the Iphones to sell an idea of status or prestige that has no justification in the quality of the product, but in the faith that their followers have in them.

Therefore, I think it will continue to be a very good business for many years to come.
If I were you, I would buy an iPhone 14 pro instea of just 14, just saying.
By the way, Apple has an amazing marketing strategy unlikely Samsung, Xiaomi and other companies. Apple just builds one model of smartphone per year, while Samsung builds tons of smartphones with different price range, for low-income to high-income people but apple only creates one for high-income people that is often bought by low-income people, do you understand how amazingly well they are doing? You create a product for rich people but because it's for rich and poor wants to look like a rich, poor are the main income sources.
Also, Apple products have a very lightweight, easy and simple user interface, you just need to adapt because yeah, it's hard to move from android to iPhone overnight. Personally, I enjoy operating system that offers me a lot of features and options, I don't like simple UI but you know, me and you aren't their target, the whole population is their target and in order to increase sales, you must meet demand of average person and the highest % of population.

99% of people who buy Apple smartphones, don't actually need it. I bet 99% of iPhone users don't really use its full potential and their mostly used apps are Camera, Instagram, Facebook and TikTok.

Just have a look at Balenciaga, Gucci clothes. Wait, are they more fashionable than Pull & Bear? Hell no, they look worse but you know, people can't judge. If there are 15 people and 10 thinks that shit is cool, then 3 more people will find shit cool.

In the world were Liver King has millions of subscribers and followers, it's clear to see how Fckd we are.
legendary
Activity: 2688
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So, I had been an Android user for a long time, specifically a high-end Samsung, except once when I got a Huawei or Xiaomi as a present, I don't remember.

I recently decided to buy an Iphone to see for myself what was good about it and compare it with Android, because I had seen eternal debates on the internet and I preferred to decide for myself.

I bought the Iphone 14, paid in cash, without insurance or shit, and after a few weeks of use, the only thing I see better than Android is the camera. The operating system sucks, and has disadvantages like it sucks to copy and paste conversations on Whatsapp, or not being able to edit a word you are writing when you see that you made a mistake in a letter without deleting the whole word. The swype keyboard sucks. The same for phone numbers: if you make a mistake while typing or you copy and paste a phone number and you want to add the international prefix, you can't do it, you have to delete the whole number and write it again without the error or with the prefix at the beginning, depending on the case. 

In the end, I think it's at the very least equal to, if not worse than any $300 Android, which I came to the conclusion that if Apple has managed to sell shit at a gold price, I wanted to be part of the deal and have bought Apple stock.

I know people with low incomes that finance the Iphone for 24 months and when the new one comes out they go to get it by refinancing (although they also get a discount for returning the old one).

Apple has managed with the Iphones to sell an idea of status or prestige that has no justification in the quality of the product, but in the faith that their followers have in them.

Therefore, I think it will continue to be a very good business for many years to come.

While it's interesting to see the outcome of your experiment, it is curious that you'd waste whatever large sum it cost you for an iPhone in order to figure these things out. Maybe asking a friend and having a little play around could have come up with the same thoughts, but you might have a lot more free cash that makes this acceptable. I've been using an Android for probably ten years since switching away from Apple and it feels perfectly intuitive, the only advantage I could see from an iPhone is that the store is alot more regulated and you're less likely to get malicious applications in it because they invest more in the vetting process. Besides that for me personally, having a slightly better camera means little.
legendary
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I will never trust Apple products, and the expensive price is not the first reason I dislike this company. If we talk about the espionage that Apple is conducting, then this exceeds all norms of human decency. It intervenes wherever possible, justifying surveillance on the grounds that the company is concerned about the user's safety. Saving all correspondence, all photos, and the work of the microphone everywhere without the permission of the owner are just a few "little things."
In my country, owning Apple technology is just a cry of vanity, nothing more. If we talk about convenience, then Chinese phones have already exceeded all the advantages of an Apple Core dozens of times.
hero member
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Apple users know that Apple products are not the best but they buy them anyway. I think they are more interested in the prestige of owning a iPhone, a MacBook or a series watch, we like luxurious things and love to show them off and Apple has projected itself as the product that’s used by the upper echelons of society. People have been cajoled to believe the iPhone represents a person’s social standings, in my country the iPhone is most sought after  device, a person earning less than $200/month would save up to buy a fairly used iPhone. They want to associate themselves with the brand and what they think it represents.
hero member
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Quote
Apple has managed with the Iphones to sell an idea of status or prestige that has no justification in the quality of the product, but in the faith that their followers have in them.

Therefore, I think it will continue to be a very good business for many years to come.

I agree that Apple is more like a fashion brand, rather than a high tech company. Grin The people buy expensive iPhones, just because it's iPhone, not because they are better and more useful than any other smartphone out there. The marketing of Apple products is spot on.
However, I wouldn't buy Apple stocks, because they seem overvalued. Sooner or later Apple will be outperformed by another "fashionable" high tech company. I never really understood the mentality of all the diehard Apple fanatics. Is this stupidity or vanity? Or maybe both? Grin
sr. member
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Here in our country, the apple or iphone14 brand can be said to be a luxury and not user friendly. The others are just buying because they are just going along with the current trend. When it comes to performance, I still prefer to use the Samsung brand whose value is 300$ and up and Huawei. But I will never buy an iphone apart from being very expensive it is not practical for my opinion and opinion.
But for others, it is their collection because they can afford to buy it.
For Iphone I think the price is indeed more expensive than Android but the quality is not in doubt,
basically all of them have their advantages and disadvantages and that is normal,
So it all depends on each person's preferences.
sr. member
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I did the same few years back, I was using an android 5.0 at the time and the new Iphone was trending at the time, people around me start telling me that I am missing a lot by not using an iPhone.

Stupid of me, I sold my current phone and went to buy an iPhone, it doesn't take me two weeks before I sold because it's so annoying to me, battery life sucks that you will have to carry an extra power bank around with you, web browser is pretty good, gives the vine of a laptop on a smaller screen but it's not comparable to android capabilities, it's not even close.

IPhone is a great phone for those who are less into tech, I can run some codes on Android easily and there are many useful tools available for android, this is a big difference for me, I have come onto the conclusion that iPhone is just for show, it's nothing but selling names.
hero member
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Therefore, I think it will continue to be a very good business for many years to come.
It will and as it's proven by them that people will still chase and look for them of what they've established to develop from most minds and as you've said, it's about the status symbol that they've injected in to everyone's mind that if someone buys it whether it's for the tech or specs, it can't be removed that the idea of it portrays to someone who owns it will always be there. I have nothing against with people who likes it and we can't break people's happiness if they're happy with that based on the likes that they have. I like macbook because of its battery longevity which is another Apple product. If someone can afford to buy it and worked hard for it, they deserve it as what they think. But it's a no for me to get one of it and finance it for 24 months and then a new version will come out every year, what a wise business model for them.
hero member
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Every big and popular company makes profits as well as loses many times.  So you can't guarantee that you will make a profit by buying Apple stock. However, this does not mean that you can't stop investing because if you don't take risks, you can never gain anything good.  Buying the stock of newer companies than a popular company has higher profit potential, but it is also higher risk.  Therefore, one should invest according to his ability and research without directly listening to any kind of financial advice from someone
full member
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Here in our country, the apple or iphone14 brand can be said to be a luxury and not user friendly. The others are just buying because they are just going along with the current trend. When it comes to performance, I still prefer to use the Samsung brand whose value is 300$ and up and Huawei. But I will never buy an iphone apart from being very expensive it is not practical for my opinion and opinion.
But for others, it is their collection because they can afford to buy it.
legendary
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Iphone is a great product and apple is a great company. I don’t understand why you said their phones are garbage. They outlive every android product in existence. People still use IPhone 6s’s today and they still work fine. How many years passed since Ip6s happened? 7? 8? I think their stock is always a good buy too. Every investor should own some aapl in his portfolio.

I agree about the company but not about the product. How many people still use the Iphone 7? It won't be even 1% of Iphone users. Apple has a great business precisely because of the opposite, because they have a lot of people (many of low incomes) that go running to change their Iphone for the new one, in many cases refinancing it.

In the consumerist world we live in, the business is to sell a lot of phones, every year if you can, and in that Apple has a big business.

sr. member
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Apple has indeed been successful in marketing their products as premium and high-end, which has helped them maintain a strong brand image and a loyal customer base. While it's true that the quality of their products is not necessarily superior to other brands in all aspects, they have built a strong reputation for their design, user experience, and customer service.
legendary
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Iphone is a great product and apple is a great company. I don’t understand why you said their phones are garbage. They outlive every android product in existence. People still use IPhone 6s’s today and they still work fine. How many years passed since Ip6s happened? 7? 8? I think their stock is always a good buy too. Every investor should own some aapl in his portfolio.
legendary
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Aapl stock is very strong. Look at stocks like Facebook or Netflix they all had a bad year last year but Apple held up pretty well. In my opinion it’s trading way too high for its value. If it comes down then obviously it would be a buy however I don’t think it will go down by much.

Yes their products are sometimes lacking and behind other competitors but people are used to iPhones and they buy them anyways. Same with the other products they sell. Everyone wants an Apple product.
full member
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I too agree apple is shady as fuck, and as always shady as fuck business always make tons of profit, just like HAMAS, I wonder how many people apple has killed to make itself top selling brand. I don't care what value you want to brag about it, how the environmental friendly it is, how the customer service is respecting the user...
legendary
Activity: 1372
Merit: 2017
In my country the iPhone is the most sought-after product and many people are even willing to buy it on credit, even though they don't have cash because it's hard to get a job nowadays. What I saw in this product is nothing special, more or less the same as other products such as Samsung. They have controlled the market and generally use this product by the upper middle class, but unfortunately in my country there are almost many teenagers who extort their parents to buy these goods. The goal is nothing but to show his friends that they are people who can afford it and no longer buy products based on user needs.

This is what I mean, Iphone purchases are usually more emotional than rational, almost of faith I would say. A lot of people expectantly awaiting the unveiling of each new Iphone and lining up to buy it when the reality is that it's a little less shitty than the last one and that a $300 Android works just as well if not better.

It is also a way of trying to appear status, in a crude way, because if you have a Ferrari you are seen with status but almost nobody can afford it. On the other hand, people with very low income believe that with the apple on the back of the phone they look like they have a certain status or prestige.
hero member
Activity: 1778
Merit: 746
I know people with low incomes that finance the Iphone for 24 months and when the new one comes out they go to get it by refinancing (although they also get a discount for returning the old one).

Apple has managed with the Iphones to sell an idea of status or prestige that has no justification in the quality of the product, but in the faith that their followers have in them.

Therefore, I think it will continue to be a very good business for many years to come.
In my country the iPhone is the most sought-after product and many people are even willing to buy it on credit, even though they don't have cash because it's hard to get a job nowadays. What I saw in this product is nothing special, more or less the same as other products such as Samsung. They have controlled the market and generally use this product by the upper middle class, but unfortunately in my country there are almost many teenagers who extort their parents to buy these goods. The goal is nothing but to show his friends that they are people who can afford it and no longer buy products based on user needs.

I have a cell phone that is cheaper than an iPhone, but I can take advantage of all the features available to support it and for me this is far more sufficient than having to buy an iPhone. Returning to the idea or prestige attached to these products which has justification in the quality of iPhone and Apple products. This business has grown rapidly and my suggestion is that the Asian region is the place you should go if you want to develop a business in these two products because currently the usage trend in the Asian region continues to increase for these products.
legendary
Activity: 1372
Merit: 2017
Wait, so did you actually buy Apple stock or not? 

Yes I did. But I did it for the opposite of what would be logical at first glance: it would be logical for me to have bought shares because I believe they sell good products, and I did it for the opposite, because they sell bullcrap at the price of gold.

Would this mean that you already have enough Bitcoins (I am not sure what that means though) and you started diversifying? Cheesy

My conception of how much Bitcoin to own is far from that of the maximalist user of this forum. I have not started diversifying now, I have been diversifying for a long time, my Bitcoin holdings are a small part of my net worth. Having all your net worth in Bitcoin is too risky IMO. Anyway, tech stocks like Apple are second only to Bitcoin in profitability over the last 15 years. It's not like I've stopped buying Bitcoin to buy some asset that gives me a 2% annual return.
legendary
Activity: 2058
Merit: 1166
I would say it's sort of a non conventional way of thinking, even investors don't think like this. Most of the investors, invest in products and solutions which they feel are groundbreaking or have even solved problems in their own lives. Here I feel you are feeling that the product or the solution is a complete shit but the story that the product tells is good, which is why Apple is running nicely. I somehow agree with the story part, but will tell you one thing for sure. If a product is not worthy and only sells due to story telling, the company surely doesn't has a good future ahead so beware while investing.

It can't be about the story telling only. I doubt that the Apple products are worth as much as they actually are, but I have been an Apple user for a long time and apart from the fact that any necessary repairs are extremely expensive, I got stuff replaced for free most of the time. Their service has been pretty strong for me personally and they are quick to help. The only thing that is really a pain in the ass is the material smartphone producers use for their displays. I am sure they could be using material that can't get broken as easily. That was probably the biggest issue I had with my iPhones. But in general I think the devices are highly reliable. Never had a phone dying out of a sudden or anything like that.

Now this is no safe bet per se, but Apple is also sitting on 200 billion USD in cash. Their ability to undertake major investments in R&D and to pay huge dividends for quite some time to come is probably a big pro from an investor's point of view.
hero member
Activity: 1134
Merit: 643
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I cam honestly say that your assessment of apple is based on your prolonged usage and knowledge of android. I know if you use apple for quite more time, you will give a totally different review to what you gave today.
I am also not a fan of iPhone as I had used iPhone 11 some years ago and I didn't like how it worked for me, I quickly returned to my Samsung (one of the s series).

But now many of my friends use it and what they say most about it  is the privacy aspect of it. Meanwhile, where I come from there's an unsaid tag that follows young iPhone owners.
hero member
Activity: 1750
Merit: 589
It's unclear why you would purchase Apple stock if you believe their products, specifically iPhones, are garbage. Investing in a company typically indicates a belief in its ability to generate profits and create value for shareholders.

Just because you're not satisfied with your iPhone doesn't mean everyone else is like you. People have different preferences and priorities when it comes to choosing a smartphone, and what works best for one person may not work for another.
To spite the company probably. Instead of giving them any more of his money, he's seeing an opportunity to make money out of Apple's success in the smartphone market by cashing in on a few of their stocks. A little counterintuitive to some but whatever works really.

I would agree with you though. I'm an iPhone user myself and even though there are times when I find some of its controls a little clunky, for the most part I could say it's the most streamlined device there is on the market. Add the fact that it's also the most secure and you're getting so much quality of life benefit out of the money you pay them.

Specs-wise, It's not going to be the best, as many Chinese smartphone developers and manufacturers already offer something better specs-wise. But as an established brand they could just get away with the most ridonculous things.
hero member
Activity: 2114
Merit: 619
I would say it's sort of a non conventional way of thinking, even investors don't think like this. Most of the investors, invest in products and solutions which they feel are groundbreaking or have even solved problems in their own lives. Here I feel you are feeling that the product or the solution is a complete shit but the story that the product tells is good, which is why Apple is running nicely. I somehow agree with the story part, but will tell you one thing for sure. If a product is not worthy and only sells due to story telling, the company surely doesn't has a good future ahead so beware while investing.
hero member
Activity: 1680
Merit: 845
Impressive way of thinking; I honestly admire it. I've always been a low-end Android user, as I couldn't be bothered to spend a fortune on a phone. I couldn't fathom why people are paying a ton of money for such a smartphone when you can spend 1/3 of the money on something equivalent in specifications. A good portion of Apple's users are extremely fanatical and will buy whatever is released.

As you've mentioned yourself, it's the so-called prestige that characterizes their products; no one is ever going to comment on your high-end Android phone. Apple is doing a great job keeping their customers fanatized.

Anyway, good luck on your investment, I hope they are at least paying dividends that boost your final returns.
legendary
Activity: 1162
Merit: 2025
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Apple products may not be the best one can get for the money, I agree that the things they sell are over priced and mostly people seek to buy from them because the sense of elitism that the brand itself can give, it may be appealing to people who want to feel they belong to a higher social status.

We can critic Apple for many things but both supporters and detractors can agree that company (specially when Steve Jobs was around) has mastered the art of advertisement and public relations.

I personally believe there will come a time people will slowly realize they are not being treated fairly by Apple and their stock could start to under perform.
legendary
Activity: 2478
Merit: 1360
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Apple has a lot of international deals and they're popular for the same reasons why brands like LV are popular and bring a lot of money to the owner. It's fashion, you can't reason with that.
I've never owned a single Apple product. What kept me away was the price and the fact they have their own connectors, unlike USB that I've used since forever. I did not understand why I'd have to pay 2x for a product that requires special connectors to be used with my PC and that doesn't even have a headphone jack. For the last 5 years I'm a xiaomi user and it's been a great experience so far.
legendary
Activity: 3668
Merit: 6382
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I came to the conclusion that if Apple has managed to sell shit at a gold price, I wanted to be part of the deal and have bought Apple stock.

Yep, they did. Plus they use child labor and so on for cutting costs and their garbage is still getting more and more expensive.
So yes, you may have done a good deal. However... Bitcoin usually is an even better deal. Would this mean that you already have enough Bitcoins (I am not sure what that means though) and you started diversifying? Cheesy
legendary
Activity: 2534
Merit: 1338
...

Apple has managed with the Iphones to sell an idea of status or prestige that has no justification in the quality of the product, but in the faith that their followers have in them.

Therefore, I think it will continue to be a very good business for many years to come.
You hit the nail on the head, apple products are no different than other luxury goods, like expensive handbags, clothes, jewelry, watches or cars, if you care only about the functionality you can get it for much cheaper with other products, but if you want to brag about owning something costly then you go for the luxury good, at the end it is a valid business strategy as many of those luxury brands have been around for a very long time and I expect the same to be the case when it comes to Apple.
legendary
Activity: 3500
Merit: 6981
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Wait, so did you actually buy Apple stock or not?  I used to follow how their business was doing, but they dropped off my radar a few years ago when I sold the share or two that I owned.  If you didn't, it probably wouldn't be a bad idea to do so because you're spot-on in your assessment that what they sell as far as phones go are prestige items.  Not that I actually think iPhones are complete garbage, but the main reason I never owned one was because years ago you weren't able to put mp3 or other audio files on them, only Apple's proprietary MP4 ones.

That might have changed, but I'm not the kind of person who uses their smartphone for a lot of things and I absolutely wouldn't buy one to show off to idiots I don't know and don't care to impress anyway.  I can whip out other things to do that job, lol.  Right now I've got an incredibly cheap Android that I wouldn't even be able to sell for $1 on eBay or wherever, and it does what I need it to just fine.

Apple products have always been overpriced, going back to before the days of the iMac (yep, I owned one of those with the stupid circular mouse and everything).  As long as people keep seeing those products as goods to show off, they'll keep raking in the money.  And if their stock's P/E isn't through the roof, it might be a decent long-term investment even now.
sr. member
Activity: 770
Merit: 266
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But anyway I like how apple has built their reputation in the market and among consumers. Even young people who prioritize style in life always feel they haven't followed today's lifestyle (outdated) if they don't have Apple products such as the Iphone. But to be honest I like apple Macbook laptops. I am comfortable using it until now. but for the phone I really have no interest in owning it. Even my employees have iphones. but instead I personally as a boss do not have it. I'm comfortable with both Samsung and HTC. because I put forward good quality but at a price that is also not too expensive. as long as they have the same usability and the performance is not much different then I will choose the cheaper one.

I'm not sure how long Apple's popularity will last. But investing in it might also be something to pay attention to or consider. Because after all this giant company is really good at building a reputation throughout the country. The first impression that comes to mind when talking about apple is classy, ​​expensive and cool.
hero member
Activity: 2086
Merit: 575
Not every business that worked so far has to continue like that for a long time. Yes apple worked great so far and they are making a bank, plus they have other stuff like PC as well and a few others if I am not wrong, but that doesn't mean in 20 years they will be where they are, suddenly some competition could do something better and have the market share apple has today. Plus, if you spend money on buying the latest Samsung as well, that is a bit close, Samsung s23 ultra I believe is the latest one and the camera there is better too, there is absolutely nothing worse, everything is better, and yet people prefer phones. That will eventually change one day, not quickly, but it will slowly change. It already started with most of the world because there are cheap other phones, not everyone wants to pay 1k+ for a single phone.
hero member
Activity: 574
Merit: 554
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It's unclear why you would purchase Apple stock if you believe their products, specifically iPhones, are garbage. Investing in a company typically indicates a belief in its ability to generate profits and create value for shareholders.

Just because you're not satisfied with your iPhone doesn't mean everyone else is like you. People have different preferences and priorities when it comes to choosing a smartphone, and what works best for one person may not work for another.

OP just stated his view about a particular product which might not be the general view. I have some friends that will never use any other phone than iPhones. @EarnOnVictor might also be aware that in our country iPhones are cherished by some groups of people because they use them for their business. I have used an iPad and I also think I love the product.

I also share OP's view that iPhones have built a high reputation that even when they produce low-quality products, loyal clients are already in the queue to purchase them. In some societies owning an iPhone is a symbol of belonging to the high-class of the society. Even Apple founder's daughter Eve Job once criticized the company when she said there was no difference between iPhone 13 and 14.

I agree with you that people has their own preferences so reading the OP's post I disagree in some parts, if we don't like the products don't invest simply as that.
Investment most time is not driven by love for the product but by how profitable the business will be. As much as the business is not illegal or immoral, even if I don't like or use the product, I will gladly invest in it if it is profitable.
But truthfully Apple stock will be a good investment based on the product's reputable goodwill.
sr. member
Activity: 1624
Merit: 315
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It's unclear why you would purchase Apple stock if you believe their products, specifically iPhones, are garbage. Investing in a company typically indicates a belief in its ability to generate profits and create value for shareholders.

Just because you're not satisfied with your iPhone doesn't mean everyone else is like you. People have different preferences and priorities when it comes to choosing a smartphone, and what works best for one person may not work for another.

Here in my country, Apple products such as iPhone are well known due to it's camera quality and too expensive for us. Knowing it's background probably it would be best to invest there as I know the quality of iPhone is good but of course we all know that cellphones also has their cons.

I agree with you that people has their own preferences so reading the OP's post I disagree in some parts, if we don't like the products don't invest simply as that.
sr. member
Activity: 1358
Merit: 259
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It's unclear why you would purchase Apple stock if you believe their products, specifically iPhones, are garbage. Investing in a company typically indicates a belief in its ability to generate profits and create value for shareholders.

Just because you're not satisfied with your iPhone doesn't mean everyone else is like you. People have different preferences and priorities when it comes to choosing a smartphone, and what works best for one person may not work for another.
hero member
Activity: 826
Merit: 641
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You just talked like an investor, they don't reason like the common people as you rather prefer to gain from Apple instead of giving them your money for what might not be worth it. I've always known that iPhone is an ostentatious good, you buy the popularity and relevance rather than the value for your money.

This is so me, I prioritise investment over buying frivolities, especially when a cheaper thing could still serve the purpose perfectly well. There's nothing wrong with using expensive things but I prefer those things in terms of an asset, not goods like the iPhone that goes worthless the more I use it.
legendary
Activity: 1372
Merit: 2017
So, I had been an Android user for a long time, specifically a high-end Samsung, except once when I got a Huawei or Xiaomi as a present, I don't remember.

I recently decided to buy an Iphone to see for myself what was good about it and compare it with Android, because I had seen eternal debates on the internet and I preferred to decide for myself.

I bought the Iphone 14, paid in cash, without insurance or shit, and after a few weeks of use, the only thing I see better than Android is the camera. The operating system sucks, and has disadvantages like it sucks to copy and paste conversations on Whatsapp, or not being able to edit a word you are writing when you see that you made a mistake in a letter without deleting the whole word. The swype keyboard sucks. The same for phone numbers: if you make a mistake while typing or you copy and paste a phone number and you want to add the international prefix, you can't do it, you have to delete the whole number and write it again without the error or with the prefix at the beginning, depending on the case. 

In the end, I think it's at the very least equal to, if not worse than any $300 Android, which I came to the conclusion that if Apple has managed to sell shit at a gold price, I wanted to be part of the deal and have bought Apple stock.

I know people with low incomes that finance the Iphone for 24 months and when the new one comes out they go to get it by refinancing (although they also get a discount for returning the old one).

Apple has managed with the Iphones to sell an idea of status or prestige that has no justification in the quality of the product, but in the faith that their followers have in them.

Therefore, I think it will continue to be a very good business for many years to come.
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