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Well, Apple reached $1 Trillion in market cap in 2018. Odds were that the only way was down...you can't keep growing at 20% qtr to qtr forever, or you'd own the
by onetimemanytime 8y ago
Well, Apple reached $1 Trillion in market cap in 2018. Odds were that the only way was down...you can't keep growing at 20% qtr to qtr forever, or you'd own the world.
Add the fact that today's smartphones do 99% of what people want and new ones are not that much better to justify spending $1000 on them. Add Android competitors from all over the world and you have a very profitable Apple, but not one growing like a "startup."
Cheaper iPhone? Maybe, but the $500 iPhone would way worst than a $500 Android one made by others so...
- Marsymars 8y ago> you can't keep growing at 20% qtr to qtr forever, or you'd own the world. Yeah, a lot of people don't intuitively get this; but any growth above GDP growth is some part of the pie you're taking away from someone else.
- deleted 8y ago[deleted]