AAPL 的 App Store 订阅服务增长将推动利润率扩张，市场对创新与增长的悲观情绪是错误的。
逐段跳播
那些认为这就像Apple App Store一样、作为一项完整订阅服务会崛起的人。而且利润率会……我的意思是，我就是这样的人。
Those who think This is Apple. App Store Like one Complete Subscription As a service Will rise. And The margins Going...I mean, I am such a person.
我误以为Apple税，我的意思是，他们其他订阅的很大一部分要支付，而他们在这个问题上显得有点灵活。
By mistake I thought that Apple Tax, I mean, Their others Subscription A large part To pay Will be and they On that subject A little flexible It happened.
这对我来说，Apple要做音乐非常难，直到我是一个AI。用AI读完所有那些信息。我可以在别处拿到，并且总是用AI找到最便宜的音乐播放器，让我用AI来填充内容。
This is for me. Apple Going to music Very difficult Makes, until I am an AI. Using Read all that information. Somewhere else I can take and Always the most Cheap music Find the player To get Use of AI By me Content To backfill I can.
而这样的商业模式，据我所知，阻止了Apple Music的竞争。据我所知，阻止了Apple Music的竞争。我知道他们是这样。
And such a For business What I know Apple Music Competition Prevented . What I know Apple Music Competition Prevented . I know they are.
当然。不脱离原始语境，我告诉你，这让我想起我听到过的一些关于Apple的负面评论。当人们有时对Apple在这个问题上感到悲观，并说：“哦，这个增长得这么慢。”
Of course. Original From the context Without moving I'm telling you, this is me. Apple Heard about Some negatives Commentary Reminds. When people Sometimes Apple On the subject Is pessimistic And says, "Oh, this So slowly "I am growing."
当人们说：“Apple不再创新了。”他们上一次这样是什么时候？有哪款产品做出来让你惊讶。你做了吗？“那么，你知道吗？有时那是他们必须做的，它不读。他们的标准变了，给他们的答案是，他们现在想看利润，而在这件事上人们生气了。
走了。没什么可做的。同意，我必须接受。因为那是事实。而且如果利润率这样持续增长，我想是这样。
When people give Said, "Apple No more innovation "Doesn't." The last When are they like this? Any product Which was made Surprise you. Did you do it? " Well, you know what? ? Sometimes That's theirs.
It is necessary to do It doesn't read. They Their criteria has changed and Giving them The answer is, they Now profit To look at wants, and in this People are angry. Went. Something Nothing to do.
Agreed I have to take it. Because that's the truth. . And if Margin like this It keeps growing, I think so.
这个频道对 $AAPL 的历次判断
Yet Another Value Podcast 在这只股票上只有这一条判断。