4 ms·
Owning Apple stock is quite rational even if you think Apple products are bad value-for-money. As a shareholder, the huge profit margins of selling proprietary
by MagnumOpus 10y ago
Owning Apple stock is quite rational even if you think Apple products are bad value-for-money. As a shareholder, the huge profit margins of selling proprietary earbuds for $170 all accrues to you!
8% earnings yield with massive user lock-in - wouldn't you want to be on the side that gets the money rather than on the side that hands it over?