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> In the meantime, Apple desperately need their next big thing, Why 'desperately'? They have a product line that generates a billion dollars in profit every fi
by gwright 11y ago
> In the meantime, Apple desperately need their next big thing,
Why 'desperately'? They have a product line that generates a billion dollars in profit every five days. They have over $200 billion of cash on hand. That doesn't sound like a desperate situation.
- randomsearch 11y agoBecause they are heavily over-reliant on a single product that is highly vulnerable to market shifts, and has seemingly little room left for growth. It takes time to gain traction in a new market, so their NBT should be here by now.
- Nicholas_C 11y agoEarnings treadmill
- randomsearch 11y agoBetter way to put it, thanks. Not Nicholas Carr, btw?
- Nicholas_C 11y agoNot I.