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You are here: MacNN Forums > Community > MacNN Lounge > Is Apple lying to its stockholders?

Is Apple lying to its stockholders?
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srbuss
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Mar 22, 2004, 08:54 PM
 
Has anyone seen this?

http://www.thinksecret.com/news/retailaccounting.html

What do you make of it?
     
gorickey
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Mar 22, 2004, 09:24 PM
 
Originally posted by srbuss:
What do you make of it?
I think it's a "Think Secret" article...enough said...
     
ryju
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Mar 22, 2004, 09:34 PM
 
I like ThinkSecret, but they blew this one out of proportion.
     
Person Man
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Mar 23, 2004, 03:32 AM
 
Originally posted by srbuss:
What do you make of it?
I think it's speculation based on people (the plaintiffs and Think Secret) not having all the information needed to make that determination.
     
Kenneth
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Mar 23, 2004, 03:44 AM
 
Aside from the T.S. article...

Posts: 1
Registered: Jul 2003
I have never seen anything like that.
     
- - e r i k - -
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Mar 23, 2004, 04:08 AM
 
Originally posted by Kenneth:
Aside from the T.S. article...
I have never seen anything like that.
Wow, srbuss. How did you even remember that you had registered?

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Link
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Mar 23, 2004, 04:18 AM
 
What do I make of it?! I think apple is a scam!!! DIE APPLE! Long live honest companies that never rip people off, like dell, microsoft, comcast, disney, and sony.
Aloha
     
mitchell_pgh
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Mar 23, 2004, 10:01 AM
 
If there was any validity to this story, there would be hundreds of thousands of reporters on it. Any anti-Apple story sells.
     
Gankdawg
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Mar 23, 2004, 10:41 AM
 
Apple has openly stated that they don't expect the stores to make money. They are showrooms and if they break even, great.
     
mitchell_pgh
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Mar 23, 2004, 11:04 AM
 
Originally posted by Gankdawg:
Apple has openly stated that they don't expect the stores to make money. They are showrooms and if they break even, great.
Exactly... They are also meant to give general consumers that warm and fuzzy feeling that if their computer breaks, they can take it somewhere to be repaired (older consumers love this).

I also like the idea that if my iPod breaks, I don't have to ship it from here to forever. Just take it to the local Apple shop.

Besides those two points, the stores dispel MANY Apple rumors like (Myth 1: Everyone uses Windows; Myth 2: Macs don�t work with PCs; Myth 3: The software I need isn�t available for Macs; Myth 4: Macs don�t run Microsoft Office; Myth 5: Windows has caught up with the Mac; etc. etc.)
     
Eriamjh
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Mar 23, 2004, 12:59 PM
 
Do you think the online apple store pays the same as the resellers for its macs?

Subsidizing the stores just diverts the funds to a differnt department. The bottom line for the whole corporation is still the same.

I'm a bird. I am the 1% (of pets).
     
wdlove
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Mar 23, 2004, 01:00 PM
 
I don't really trust Think Secret.

"Never give in, never give in, never, never, never, never - in nothing, great or small, large or petty - never give in except to convictions of honor and good sense." Winston Churchill
     
hayesk
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Mar 23, 2004, 01:51 PM
 
Originally posted by srbuss:
Has anyone seen this?

http://www.thinksecret.com/news/retailaccounting.html

What do you make of it?
I think it's BS. The quantities listed on the invoices (even if they are real) don't seem to be that of a retail store. Even if those invoices are real, they could be for:
- educational purchases. Students, Faculty, and Staff get discounts and can buy through the Apple Store.
- corporate purchase. A company may have negotiated a cheaper price for Apple and have it handled through the store
- demo machines for the store
- employee purchases (employees get discounts, and I'll bet they aren't taken from regular retail stock)

We don't know all of the information, and neither does ThinkSecret. (nor do the plaintiffs, I would imagine)
     
srbuss  (op)
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Mar 23, 2004, 05:10 PM
 
Thanks for all your input. It is amazing to see the diversity of opinion here. Let's see, it varies from:

I think it's BS

to

I don't really trust Think Secret.

to

I think it's speculation based on people (the plaintiffs and Think Secret) not having all the information needed to make that determination.


My favorite viewpoints expressed are those that just slam me, the poster. Very informative, I must add.

As to me remembering that I am registered here, I just remembered why I have had such little contact with this group. I gave up my cheerleading days way back in high school.

On a more productive note, if anyone in MacNN land had some actually postions based on experience with the subject at hand, I still would be interested. Information is never a bad thing, after all...
     
srbuss  (op)
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Mar 23, 2004, 05:18 PM
 
By the way, to clarify a point of fact...

Gankdawg
Apple has openly stated that they don't expect the stores to make money. They are showrooms and if they break even, great.

Please see this article, posted right here at MacNN, where Fred Andersen clearly states that Apple will not open any retail store unless their profitability is guaranteed within its first year of operation.

http://macnn.com/news/23619

Sorry to muddle the party with information.
     
Jaey
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Mar 23, 2004, 05:29 PM
 
Originally posted by Link:
What do I make of it?! I think apple is a scam!!! DIE APPLE! Long live honest companies that never rip people off, like dell, microsoft, comcast, disney, and sony.
What the hell are you doing at MacNN?
     
DeathToWindows
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Mar 23, 2004, 06:17 PM
 
two words ; prove it.

now shut up until you have some fu*king proof

Don't try to outweird me, I get stranger things than you free with my breakfast cereal.
     
bradoesch
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Mar 23, 2004, 07:09 PM
 
Originally posted by wdlove:
I don't really trust Think Secret.
WD's negative post counter: 2.

Shocking.
     
olePigeon
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Mar 23, 2004, 08:08 PM
 
Originally posted by DeathToWindows:
two words ; prove it.

now shut up until you have some fu*king proof
Proof is overrated anyway. You can invade entire countries without proof.
"…I contend that we are both atheists. I just believe in one fewer god than
you do. When you understand why you dismiss all the other possible gods,
you will understand why I dismiss yours." - Stephen F. Roberts
     
   
 
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