iCloud runs on Amazon and Microsoft tech

[bfdd]

http://www.theregister.co.uk/2011/09/02/icloud_runs_on_microsoft_azure_and_amazon/

I really can't say much besides lols. Apple doesn't make anything, how are they so valuable again? Greatest marketing company of all time.

 

[mugs]

You obviously don't work in IT.

When a company is in the business of providing a service or product to a lot of other companies, they can probably do it cheaper and better than rolling your own solution.

 

[bfdd]

You obviously don't work in IT.

When a company is in the business of providing a service or product to a lot of other companies, they can probably do it cheaper and better than rolling your own solution.

lols. Except apple doesn't make anything. So that doesn't work. None of their hardware is made by them and they can't even build their own cloud services. It's quite telling of the company. I wouldn't invest so heavily in a company that relies so heavily on others for their tech.

 

[LikeLinus]

lols. Except apple doesn't make anything. So that doesn't work. None of their hardware is made by them and they can't even build their own cloud services. It's quite telling of the company. I wouldn't invest so heavily in a company that relies so heavily on others for their tech.

What does it matter who ultimately manufactures the product? They are a software and hardware design company. They outsource the actual manufacturing part to keep the cost down. They don't have to build plants and deal with everything from the raw materials, tooling and staff.

Companies do this ALL the time.

I think Apple is also going to start manufacturing it's own A5 chips, if I remember correctly.

 

[Texashiker]

What does it matter who ultimately manufactures the product?

Part of a companies value is based on how much property they own. Also known as assets.

If apple sold off all of their property, would that money equal what the company is valued at?

Since apple only owns some office space, maybe some land that the building is sitting on, some servers,,,, the company does not have very much physical value.

Now take exxon - they own chemical plants, drilling rigs,,,, physical property that has a real value to it. The people at exxon can point to an offshore drilling rig and say "that rig is valued at 10 million dollars".

By not owning the manufacturing plants, apples "real" value is decreased.

It appears to me that apples stock prices are inflated by how well their products sell, and not by how much money the company is really worth.

 

[rchiu]

lols. Except apple doesn't make anything. So that doesn't work. None of their hardware is made by them and they can't even build their own cloud services. It's quite telling of the company. I wouldn't invest so heavily in a company that relies so heavily on others for their tech.

So what, as long as Apple holds the design and patent, there will always be companies who can make their hardware for them.

The cloud service is nothing, there are hundreds of companies offering the same services. What's valuable is the millions of apple users that will become instant customers of this "cloud", sharing their most intimate info with this "cloud", possibly for this "cloud" to build some new social networking or other commercial services.

Learn some business and have some imagination dude.

 

[SLCentral]

Learn some business and have some imagination dude.

QFT

 

[Ns1]

Part of a companies value is based on how much property they own. Also known as assets.

If apple sold off all of their property, would that money equal what the company is valued at?

I'm pretty sure the 50B cash they're sitting on is known as an "asset"

 

[Texashiker]

I'm pretty sure the 50B cash they're sitting on is known as an "asset"

You can say they have 50B in cash, but how much money does apple owe to stockholders, and other liabilities?

Think "Enron", they went from a top tier company to bankrupt in a matter of days. Enron owned very little property, just like apple. Circuit city, MCI,,,,, are other examples.

~~ EDIT ~~

Another point - apple makes its profits by exploiting cheap labor outside the USA. Any type of disruption of governments or free trade issues and apples profits will be put in jeopardy.

 

[Ns1]

You can say they have 50B in cash, but how much money does apple owe to stockholders, and other liabilities?

Think "Enron", they went from a top tier company to bankrupt in a matter of days.

why, i'm glad you asked!

Total Current Assets 46.90B (short term only)
Total Liabilities 37.41B (short and long term)


Common Stock, Net 12.71B
Retained Earnings 56.24B


seriously, do you know how to read financial statements? this balance sheet is fucking RIDICULOUS

http://moneycentral.msn.com/investo...ent=Balance&symbol=US%3aAAPL&stmtView=Qtr

 

[nick1985]

@ texashiker

Just stop dude. Comparing Apple to Enron? Trust me, I hate Apple but you sound like a blubbering retard.

 

[busydude]

Another point - apple makes its profits by exploiting cheap labor outside the USA.

You don't even know how big FOXCONN is.

 

[Texashiker]

@ texashiker

Just stop dude. Comparing Apple to Enron? Trust me, I hate Apple but you sound like a blubbering retard.

There were a lot of people that tried to tell the truth about Enron, and they were told to shutup.

What physical property does apple own?

If apple sold everything it has, would that equal how much the company is valued at? Its a pretty simple question, and its a good judge as to much much money a company is "really" worth.

why, i'm glad you asked!

Total Current Assets 46.90B (short term only)
Total Liabilities 37.41B (short and long term)

Common Stock, Net 12.71B
Retained Earnings 56.24B

That Common Stock, are you trying to say its an asset?

Cash comes and goes. A companies value should not be based off of its savings account.

You don't even know how big FOXCONN is.

does apple own foxconn?

 

[mugs]

Thread started out with stupid premise.

Ended up with stupider threadjack.

http://www.youtube.com/watch?v=IUH3JQjcweM

 

[Oil]

Now take exxon - they own chemical plants, drilling rigs,,,, physical property that has a real value to it. The people at exxon can point to an offshore drilling rig and say "that rig is valued at 10 million dollars".

Wrong, they do not own drilling rigs. They (like other oil companies) contract out the rigs from H&P, Nabors, Rowan, etc

 

[Texashiker]

Wrong, they do not own drilling rigs. They (like other oil companies) contract out the rigs from H&P, Nabors, Rowan, etc

One example - http://law.justia.com/cases/federal/appellate-courts/F2/824/444/121707/

The Dolphin-Titan drilling rig was attached to a fixed platform owned by Exxon and located in the Gulf of Mexico

Dolphin-Titan might own the "drilling rig", but it was sitting on top of Exxon platform.

And the platforms have a physical value to them.

I used to go offshore fishing on the coast of Texas. When I would get sea sick, I would pull the boat up to the rig, get on the rig and fish off the rig until I felt better. It was really a "platform" because there was no drilling going on at the time.

It gets a little confusing when your talking about rigs and platforms because some people exchange rig for platform.

 

[busydude]

does apple own foxconn?

Just look at the clients of FOXCONN.. more than half are American.

 

[Oil]

One example - http://law.justia.com/cases/federal/appellate-courts/F2/824/444/121707/



Dolphin-Titan might own the "drilling rig", but it was sitting on top of Exxon platform.

And the platforms have a physical value to them.

I was going to put that production platforms and rigs are not the same in my other post. I thought that was common sense

 

[Ns1]

That Common Stock, are you trying to say its an asset?

Cash comes and goes. A companies value should not be based off of its savings account.

No, I'm just putting things in perspective.

I'll just stop here, you lost all credibility when you compared Apple to Enron.

Peace out thread. Don't have time for another one of these.

 

[Texashiker]

I was going to put that production platforms and rigs are not the same in my other post. I thought that was common sense

A lot of people use platform and rig to describe the same thing.

I'll just stop here, you lost all credibility when you compared Apple to Enron.

Nobody has posted how much physical property apple owns. In fact, this thread shows that apple would rather rent then own the property.

Just look at the clients of FOXCONN.. more than half are American.

What does foxconn have to do with apples worth?

 

[busydude]

Another point - apple makes its profits by exploiting cheap labor outside the USA.

What does foxconn have to do with apples worth?

:hmm:

 

[nick1985]

:hmm:

You think THAT'S dumb? Ask him about credit card rewards or circumcision sometime.

 

[foghorn67]

You think THAT'S dumb? Ask him about credit card rewards or circumcision sometime.

Or his made up, Podunk phrases.

 

[nick1985]

Or his made up, Podunk phrases.

Or ask him to post pictures of his FAL or his smoker.

 

[foghorn67]

Or ask him to post pictures of his FAL or his smoker.

Or how Glocks are inferior because they just are, man.