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Good grief, Q2 profit higher than all previous quarters through 2020! That company is a money-making operation that doesn't even seem to slow down. This worrie
by pwinnski 6y ago
Good grief, Q2 profit higher than all previous quarters through 2020!
That company is a money-making operation that doesn't even seem to slow down. This worries me, as that seems like it inevitably leads to pursuit of profit over all else, to the detriment of everybody but shareholders.
- ebr4him 6y agoI'd argue its the opposite: If you do something really really well then the money follows. Apple products come at a premium, but you can't deny the fact they also offer substantially more in many ways than their counterparts.
- enos_feedler 6y agoThere is no basis for this assumption. Under your model there is no way for a company to overachieve and continue doing right by their customers. A bit pessimistic.
- kaba0 6y agoWell, as soon as a company’s profit is not aligned with the customers’ goals, it would happen. The question is always which road is more profitable.
- enos_feedler 6y agoRight, but that clearly isn't happening. So where does the worry come from?