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Not sure why it's sad that LVMH is the largest company in Europe and outstanding that a luxury hardware manufacturer - Apple - is the largest public company in

Not sure why it's sad that LVMH is the largest company in Europe and outstanding that a luxury hardware manufacturer - Apple - is the largest public company in the world (by a decent margin).

deleted 4y ago
[deleted]
nindalf 4y ago
Can’t comment on HN with my LVMH handbag. - Sent from my iPhone.
- sogen 4y ago
  Don't try to reply while driving your Lambo!
mcv 4y ago
My response to a comment that has been deleted while I wrote this: > One is significantly harder and has more utility than the other, indicating an achievement in knowledge and application of that knowledge rather than using figuring out ways to sell people status signals. But which is which? Because this could apply in both directions. Bags are undeniably useful, even if LVMH's are ridiculously overpriced. But people have also always complained that Apple is overpriced, and mostly selling people status signals. And Apple is the most respectable of the Big US companies, because Tesla is all hype, Google blatantly abandoned its "don't be evil" creed, and Amazon is known for its inhuman labour conditions. I don't think any of these are companies to be proud of. We need better. And better is probably not bigger.
mannerheim 4y ago
Weird how Apple is considered a luxury brand when they have half of the smartphone market in the US.
- anonymouskimmer 4y ago
  Is that new, new and used, or total current in-use phones? I can't find the median, but the average new car price in the US got close to $50k. Which certainly doesn't come close to the average price paid per car currently on the road.
  - mannerheim 4y ago
    > Is that new, new and used, or total current in-use phones? I believe that's both. iPhones seem to be more popular than Android ones on the secondhand market anyway. 'total device shipments': https://www.counterpointresearch.com/us-market-smartphone-share/ https://www.counterpointresearch.com/us-market-smartphone-sh... Statcounter mobile OS (yes, technically tablets and other devices are counted here, too): https://gs.statcounter.com/os-market-share/mobile/united-states-of-america https://gs.statcounter.com/os-market-share/mobile/united-sta...

Not sure why it's sad that LVMH is the largest company in Europe and outstanding that a luxury hardware manufacturer - Apple - is the largest public company in the world (by a decent margin).

deleted 4y ago

[deleted]

nindalf 4y ago

Can’t comment on HN with my LVMH handbag. - Sent from my iPhone.

sogen 4y ago
Don't try to reply while driving your Lambo!

mcv 4y ago

My response to a comment that has been deleted while I wrote this: > One is significantly harder and has more utility than the other, indicating an achievement in knowledge and application of that knowledge rather than using figuring out ways to sell people status signals. But which is which? Because this could apply in both directions. Bags are undeniably useful, even if LVMH's are ridiculously overpriced. But people have also always complained that Apple is overpriced, and mostly selling people status signals. And Apple is the most respectable of the Big US companies, because Tesla is all hype, Google blatantly abandoned its "don't be evil" creed, and Amazon is known for its inhuman labour conditions. I don't think any of these are companies to be proud of. We need better. And better is probably not bigger.

mannerheim 4y ago

Weird how Apple is considered a luxury brand when they have half of the smartphone market in the US.

anonymouskimmer 4y ago
Is that new, new and used, or total current in-use phones? I can't find the median, but the average new car price in the US got close to $50k. Which certainly doesn't come close to the average price paid per car currently on the road.
- mannerheim 4y ago
  > Is that new, new and used, or total current in-use phones? I believe that's both. iPhones seem to be more popular than Android ones on the secondhand market anyway. 'total device shipments': https://www.counterpointresearch.com/us-market-smartphone-share/ https://www.counterpointresearch.com/us-market-smartphone-sh... Statcounter mobile OS (yes, technically tablets and other devices are counted here, too): https://gs.statcounter.com/os-market-share/mobile/united-states-of-america https://gs.statcounter.com/os-market-share/mobile/united-sta...