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AAPL Stock: 570.56 ( + 13.59 )

Apple shareholders reelect board of directors

updated 03:35 pm EDT, Thu April 22, 2004

Apple shareholder meeting


Apple shareholders Thursday for RealNetworks.

"[Resellers are] very important to us. I don't see that changing," Tim Cook, head of Apple's global operations said, commenting on the disgruntled resellers who have filed five separate lawsuits against Apple. Fifty-eight percent of Apple's sales go through resellers.

Meanwhile, CEO Steve Jobs responded to a shareholder question regarding Apple's stagnant market share with a comparison he has previously used. "Apple's market share is greater than BMW's [share of the auto market]. People don't not buy BMW because they're worried about market share," Jobs said.


by MacNN Staff

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  1. Faizon318

    Fresh-Faced Recruit

    Joined: Mar 2004

    0

    Calpers

    I thought they had allot of pull .

  1. Deal

    Mac Enthusiast

    Joined: Apr 2001

    0

    but...

    it also says "previously". That could have changed.

  1. kupan787

    Senior User

    Joined: Jun 1999

    0

    Calpers...

    No, not really. There is some Prince (can't remember his name) that has more shares than Calpers does. Then throw in the number of board members, and high ranking Apple employes, and Calpers means next to nothing...

  1. Bobby

    Mac Enthusiast

    Joined: Apr 2001

    0

    Get Real Real...

    Well, there you go Real... Now, GET OVER YOURSELF!!!

  1. Joined:

    0

    Absurd analogy

    Cars aren't computer OSes. People really do avoid buying Macs because they're concerned about market share - they rightly perceive that the software options are fewer because there are less than a twentieth of the number of software developers. Making that same tired old BMW analogy over and over isn't going to change the fact that marketshare really does affect whether real people buy Macs. It's a pathetic cop-out, and the fact that Jobs keeps resorting to it is an indication that he hasn't got anything better to offer.

    See this NYT article (mentioned in MacNN) for an indication of why market share does matter:

    http://www.nytimes.com/2004/04/22/technology/circuits/22stat.html

  1. beeble

    Fresh-Faced Recruit

    Joined: Mar 2004

    0

    Re: Absurd analogy

    Since 90% of the computer buying public doesn't even know what a Mac is I think your comments are themselves absurd. Someone wants a computer, they look on tv (and see Dell, HP, Gateway) or in newspapers (and see Dell, HP). Maybe they ask a friend or family member who "knows about computers". At what point does Apple get a look in for 90% of the consumers purchasing a computer. I still get people coming to my house, seeing my Flat Screen iMac and saying Wow. They can hardly believe that it's a real computer.

    Apple's marketshare is low because they don't make low end computers and they don't make ATM's and they don't make cash registers. Look at the marketshare data for the markets Apple actually make products for and you'll see that they are very well represented.

    Like all broad percentage based statistics, broad market share is totally meaningless. I saw someone post this analogy here a few days ago, who has the biggest marketshare, Exxon or Toyota? No one says thats a sensible questions because they aren't in the same marketplace. Niether is Apple and Wintel makers much of the time. Apple don't make drone desktops, huge servers, handhelds, atms, cash registers, poker machines, etc. Why do people treat them like they do? It truely is absurd, like taking anything you read in the NYTimes as fact!

  1. conossuer

    Fresh-Faced Recruit

    Joined: Apr 2004

    0

    Itunes=OS

    It seems to me that Apple is treating iTunes like an OS platform. So if you want to make an iPod that will work with, you are welcome. (e.g. HP)

  1. klinux

    Senior User

    Joined: Jul 2002

    0

    Absurd bebble

    Exxon/Toyota vs Apple/Wintel?

    Are you such a zealot that you would deny that Apple makes computers? If you have people coming to your house and saying wow, they cannot believe it's a real computer, you are hanging out with dumbasses - that's not our fault.

    And yes, I do get many of my facts from NYT. I have no idea where you and the people coming to your house are getting yours. Tabloid magazines?

    And yes, marketshare is important. Apple increased system sales by 5% last quarter. Great... except when you compare it to the industry that grew by 15%.

    I mean, if marketshare is such a broad meaningless lie, do you dispute or dismiss the 909% increase in iPod sales? Or is this some esoteric insight that only you know and the rest of the world are just not as bright as you.

    Zealots.

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