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Apple is worth $1 trillion in the same way an asteroid hurtling toward Earth contains $1 trillion in precious metals. Tim Cook has yet to prove he can do more
by rainbowmverse 8y ago
Apple is worth $1 trillion in the same way an asteroid hurtling toward Earth contains $1 trillion in precious metals.
Tim Cook has yet to prove he can do more than maximize profits while someone somewhere is working on the thing that'll undermine the source of Apple's value while they're not looking.
edit: generalized away from a specific example because it distracted from the point.
- alexc05 8y agoI'm pretty much a microsoft fanboy but - We had a batch of surface devices at the office and they all had massive battery issues. Like that scary thing where it starts to expand and bend the metal. I think we had to mail it back to the manufacturer in a specially designed hard-case. With quality like that - I'm not sure they're being undermined that badly yet. I think MS are doing other great stuff but surface laptop/tablets are probably not it.
- nv-vn 8y agoThis is true for any company though. The value of a company has little to do with their current assets or current cash flow. At the end of the day, owning stocks is still betting on a company's future.