this post was submitted on 26 Mar 2024
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Technology

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(page 2) 50 comments
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[–] [email protected] 22 points 1 year ago

Yeah bruh Tim Apple seems to be holding his own.

[–] [email protected] 18 points 1 year ago

Starting? lol

[–] [email protected] 87 points 1 year ago* (last edited 1 year ago) (10 children)

Apple managed to capture lightning in a bottle, twice. First by making a better Walkman, and then again by making that device a phone with internet access. They were able to leverage that success to revitalize their computer hardware business and act as a platform for selling accessories, and all of that made them very successful.

But the stock market doesn’t care about past success, it cares about growth, and without a major new, or buzz worthy product, investors might start to turn against Apple. Problem is, they have ridden the iPod horse about as far as it can go. They tried putting wheels on it, but that failed, and the jury is still out on whether tying one to your face will work out or not.

[–] [email protected] 66 points 1 year ago* (last edited 1 year ago) (2 children)

It's almost like... endless growth is unsustainable.

Edit: Downvoted by a shareholder lol

[–] [email protected] 26 points 1 year ago (2 children)

"What if we just doubled the price?" - some genius executive that never created a damn thing in their life

That only works for housing and healthcare.

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[–] [email protected] 3 points 1 year ago

IMPOSSIBLE!?

[–] [email protected] 14 points 1 year ago (1 children)

Yep. Doesn't matter how healthy or stable a company is... when infinite growth is no longer feasible, investors would rather pick the bones clean than let it be.

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[–] [email protected] 14 points 1 year ago (1 children)

APPL is second only to MSFT by market cap. So far, the stock market doesn't care.

[–] [email protected] 11 points 1 year ago (1 children)

Yeah, but investors really don't care about the price of a stock, they care about how much the price moves once they own it.

It's the inherent problem with publicly owned companies. Even if you perfected a mode of profit, unless you improve upon perfection next quarter you're in hot shit.

You can only squeeze so much profit out of any one gimmick, after that the only way to mimic growth is by cutting labour costs, and eventually diverting investment funding into profit for shareholders.

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