Another glowing review of the new Apple iPhone 12 smartphones. Link here. There's definitely a different level of (positive) anticipation regarding these new phones. Comparing apples and oranges:
GM is on a huge CAPEX spending spree, announcing yet another new EV factory, this will be their third in just the past few months;
- P/E:
- GM: 33
- AAPL: 36
- dividend:
- GM: none
- AAPL: 0.76%
- cash flow, quarterly:
- GM: a negative $10 billion
- AAPL: $60 billion
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So many story lines. I'm just blown away by the fact that GM and AAPL have essentially the same P/E. I'm way too biased but it just seems to me the excitement over the iPhone 12 is unprecedented except perhaps with that seen with iPhone 6. Combine the excitement with the new phone plus 5G and it certainly seems this could really be incredible.
Folks who still have jobs have a lot of money to spend. $/GB storage these phones are actually less expensive than the previous corresponding phones. Folks are looking for something exciting, anything to take their minds off politics and Chinese flu. I'm seeing literally no negative reviews of the iPhone 12.
We won't see this when Apple reports this quarter's numbers but next quarter's results should be amazing.
Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
Apple iPhone 12 update (previously posted):
- Securities analyst Ming Chi-Kuo suggests iPhone 12 Pro demand is higher than expected. Link here.
- iPhone 12 Pro pre-orders are already selling out. Link here. Others have suggested that when the Apple site when live to begin taking orders for the iPhone 12, the supply of iPhone 12's were sold out in twelve minutes.
- Taiwanese carriers believe that sales of iPhone 12 models will be the strongest since the iPhone 6 and iPhone 6 Plus. Link here.
Previously posted:
- Apple: AirTags coming. Social media comments again suggest some folks simply don't understand things.
- Apple: new iPhone 12 colors. Disclaimer: I'm buying into the hype.
- Apple: how to think about Apple iPhones.
Previously posted:
By the way, how much is it costing Apple to put 5G into their phones. Over time, the cost is coming down, but as recently as August 22, 2020, this was the breakdown:
- iPhone 12: to save on cost with simpler battery board design;
- amazing how much these components cost: $85 for sub-6GHz 5G technology;
- $135 for millimeter wave technology
- those two components alone total: $220!
Back to 5G. I don't know if folks remember, but the other day I posted a video to explain mineral rights to a reader. During that video, I had to "re-fresh" a graphic on my computer. The re-fresh took several seconds. With 5G that will never, never, never, ever happen again. The re-fresh will literally be instantaneous.
Previously posted, link here: why the iPhone 12 could be a runaway seller.
Are we seeing this kind of enthusiasm for GM?
And the P/E for GM and AAPL almost the same at 33 - 36.