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Usually not a good sign when a company known for creating innovative real-world products shifts to creating innovative financial products. Except for Berkshire

• amazon_not 11y ago
  I wouldn't really call an installment plan a very innovative financial product. And it's not like they'll stop making iPhones and focus on financing. It's just a power move to dominate the phone market and cement their lock on customers.
  • rancur 11y ago
    next is iMortgage
    • easyfrag 11y ago
      probably not, this is a good dry run for car financing though
• cx201 11y ago
  That's actually how Porsche ended up in a position where it had to be 'rescued' (=bought) by Volkswagen during the last financial crisis: http://priceonomics.com/porsche-the-hedge-fund-that-also-made-cars/ http://priceonomics.com/porsche-the-hedge-fund-that-also-mad...