#452 - Forget the new iMac, buy Apple’s stock!
The CultCast
America's favorite Apple Podcast
4.6 • 1.5K Ratings
🗓️ 7 August 2020
⏱️ 58 minutes
🧾️ Download transcript
Summary
This week: the brand new iMac may look the same, but it’s so powerful video editors are gleefully buying 2 to 3 at a time—we’ll tell you everything that’s new 🔥
Then: Phil Schiller, Apple Worldwide Marketing VP, and one of Steve Job’s original generals, is stepping down. We’ll remember some of Phil’s most memorable Apple moments.
And forget buying the new iMac, get Apple’s stock instead! Erfon goes all in, and reveals the huge cash stockpile he’s about to dump into Apple stock, why he’s buying it now, and the cash value of his current investment.
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On the show this week
This week's stories
New iMac packs faster internals into all-too-familiar shell
- The wait for Apple’s newest iMac is over. Cupertino today dropped a faster all-in-one with an even more glorious Retina 5K display.
Phil Schiller’s new role as Apple Fellow means big promotion for Joz
- Schiller continues to report directly to Apple CEO Tim Cook in his new position, as an Apple Fellow, and will now lead App Store and Apple Events. Greg “Joz” Joswiak takes up Schiller’s previous role.
10 reasons why I’ll miss Phil Schiller
- Tuesday marked the end of an era. Phil Schiller has stepped down from his role as VP of worldwide marketing.
How Apple made money in the middle of a crushing pandemic
- People around the world turned to Apple products at the beginning of the COVID-19 crisis. And the result was an 11% increase in Apple revenue during the June quarter.
Apple shares close at new all-time high [Updated]
- Apple shares hit a new all-time high Friday on the back of the company’s shockingly good Q3 earnings.
- Apple’s board of directors has approved a four-to-one stock split.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Newton is Apple's first entry into a completely new category of products. |
| 0:06.0 | The Newton Messagepad is a personal electronic device that Apple refers to as a communications assistant. |
| 0:13.0 | One of the miracles of all this technology is it sits comfortably in your hand, |
| 0:17.0 | fits easily to a pocket, and weighs under a pound. |
| 0:21.0 | Newton is the first product from Apple to have a button labeled |
| 0:25.0 | assist. Tapp it and you open a whole new world of possibilities. |
| 0:30.0 | Hello and welcome to a |
| 0:34.8 | God feedback 30 plus minute apple conversation you're gonna hear all week long I'm |
| 0:39.4 | your host Air Fun Alisha join me today now that Big Kane is out on vacation he's calling all the shots at |
| 0:45.9 | Cultimac and enjoying all the perks I might add I heard he's been wearing Leander's |
| 0:50.6 | sleek Lycra Cult of Mac uniform and driving around in a purple |
| 0:55.0 | Lamborghini Mercialago, the official car of Cultimac. |
| 0:59.2 | Join me today, managing editor, Cultimac. |
| 1:01.5 | Lewis Wallace is here. |
| 1:03.0 | Hey, and yeah, the power is definitely going to my head. |
| 1:07.0 | Hey, just be careful where you park the Mercialago. |
| 1:11.0 | Don't get any dings in the door. Getting that thing painted purple, it costs |
| 1:15.0 | Land or a fortune, and if he sees any dings, you're going to be in trouble. Big trouble. |
| 1:19.6 | You can't park it on the streets down here by a cultimatic headquarters. |
| 1:22.6 | It's just out of the question. |
| 1:24.6 | Well, don't you have your own reserved space for Leander |
| 1:28.8 | right in the front of the building? |
... |
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