Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (2640)	1/23/2015 9:41:47 PM
From: Augustus Gloop	Respond to of 27046

I was going to point that out but decided against it <G>

To: robert b furman who wrote (2640)	1/29/2015 11:15:38 AM
From: Kirk ©	Read Replies (1) \| Respond to of 27046

I have a Samsung Galaxy S5 as I believe you get more value for your money than what is mostly a cult product the way people line up to buy new Apple products overnight at the stores.... Many here in the valley feel the same way, perhaps because many of us had bad experiences with Steve Jobs and how he treated partners, etc.... who knows... I know I'm biased from family telling me how "easy" it was to use Apple products then they couldn't do simple tasks I could do with PCs.... or take as good of photos with their phones as we get with other products for a bit less. But it is interesting to see Apple is more than twice as profitable as Samsung... of course, Samsung makes very low margin TV and refrigerators... both I own along with two Samsung LCD monitors on my desk I'm using as I type... probably too much Samsung in my home! Anyway Samsung net profit as a percentage of sales is 10.1% Slide 1 or pg 3 at samsung.com Apple didn't break it down, but I calculate $74.6B sales and $18.0B net profits or 24% of sales! apple.com Clearly Apple's huge profits are mostly due to their ability to charge premium prices for less technology than the competition. 24% of sales are net profits... AMAZING! You can see why so many are going after the profitable products and why they get such a low PE given their current success. Apple is probably one of the top marketing companies ever to grace the planet. How they get a "LV price" for a "Coach product" (or Ferrari price for a Chevy product) is simply amazing.