Comments by "林子倫" (@zilun) on "Apple must slash iPhone prices to compete: Tech investor" video.

Yes, and Luis Vuitton are charging workstation prices for handbags, Mercedes are charging price of a house for their exclusives. And? I had been using iPhone 5s till last year when I accidentally took it with me to the pool. If someone hadn't given me X as a gift, I would have gladly bought SE and use it until it's dead. It's up to consumers to buy or not to buy. Apple tried making cheaper phones like 5c. No one wanted them. Apple learnt from their mistake and built more premium.
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Shares based on "news" and "drama" will eventually get corrected. Shares will eventually be priced against earnings and nothing more.
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Specs doesn't matter. User experience matter. China also has a lot of good leather bags that are cheaper and tougher than Luis Vuitton's canvas bags and Prada's nylon bags. So? Water is also better and cheaper than soda and RedBull. So?
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Price war works until it doesn't. For Apple to get into that mud fight is a dumb idea.
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LOL. You clearly have no idea what Apple is. Its annual revenue is bigger than the entire economic output of Russia and several countries. Exxon's market cap is 303B. Mercedes's market cap is $55B. Apple has 250B cold hard cash. Apple can start a financial arm to compete with Citigroup if it wanted to. It is precisely this that has some investors worried. Even if Apple make cars and is a hit, creating a brand as good as BMW within a decade, it ( BMW's annual revenue ) adds only 10 to 12% growth.
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@A4icaMkd84 Yes, those cash belong to investors like me and not Apple. But majority shareholders aren't asking for those cash, we'd rather Apple put them into good use that generate even more returns.
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Don't know who he is. Pretty sure irrelevant. Here is one SIMPLE thing: Apple's P/E right now, is lower than when I bought them right after 2007's economic crash, lower than my first batch pre-first-iPhone, lower than almost all in S&P500 while being the biggest guy in S&P500.
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@abuuwu2798 Apple isn't going downhill. McDonalds isn't better than your local sushi restaurant but makes more, Coca-Cola's drink isn't better than your neighbor's lemonade stand but makes more. It all comes down to running a business and Apple is still one big money making machine.
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