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Value for who? No innovation, just hoarding massive profits. Quintupled stock price for shareholders.
by barelyauser 3y ago
Value for who? No innovation, just hoarding massive profits. Quintupled stock price for shareholders.
- PestoDiRucola 3y ago> Value for who? No innovation Apple silicon?
- barelyauser 3y agoI urge you to research how much cash and investments Apple currently holds. Last year it was around 200B. Yes, Apple Silicon is innovation. But is a drop in the bucket. A sense of scale is very important.
- VirusNewbie 3y agoI can't live without my airpods. There aren't many things that I would buy immediately if they were destroyed. Airpods alone are a multibillion dollar company. So i'd say that's innovation.
- Traubenfuchs 3y agoTo many, that's probably the foremost goal of a CEO, no?
- barelyauser 3y agoMany? To the shareholders it is. But as a consumer I prefer innovation and not money hoarding. Shareholders think otherwise.
- dustedcodes 3y agoThe Apple Silicon chips are a massive innovation which have just massively changed the laptop landscape. People are buying new MacBooks left and right because they can do all their work on a tiny laptop now which doesn't run hot and has a battery like an iPad.
- arvinsim 3y agoAs much as I am impressed by Apple Silicon, I haven't seen the buying habits of people I know change. Windows laptop owners still continue to buy windows laptops.
- dustedcodes 3y agoMaybe I am in a bubble, but in my family I was the only Apple user 5 years ago. Today we have got not a single Windows device left anymore. My wife has a MBA now, my mum has a MBA now, my sister has a MBA now. Same goes for the .NET community. So many developers who some time ago would have only developed on a Windows machine all switched to Apple over the last few years and most people don't ever look back. I appreciate that those personal anecdotes don't mean anything, but let's put it this way, I was not surprised to see a 30% drop in Windows sells in Microsoft's last financial statement.
- toast0 3y agoDefinitely a bubble. Comparable and accurate numbers are hard to get, but wikipedia reports [1] Apple having 9.8% of personal computer units shipped globally. It's certainly a different number if we could get a breakdown by country. In my bubble view, I don't see a lot of switching. Apple people like their M1/M2 mostly, other people aren't as excited about cpus, but seem to be doing ok. I'm definitely not an Apple person, and am feeling pushed away from Windows as well, but I haven't landed on FreeBSD for desktop yet. [1] https://en.m.wikipedia.org/wiki/Market_share_of_personal_computer_vendors https://en.m.wikipedia.org/wiki/Market_share_of_personal_com...
- james-revisoai 3y agoThe trend is also reversing in some segments Apple owned which masked that there may be quite a trend occurring for home purchases, but the data doesn't show it because the extra purchases and hidden by losses. For example University libraries in the UK - at least those in the higher ranked universities - used to typically buy Macs/MacBooks somewhat as a status symbol, over Microsoft PCs. Today, there are few and far computers with the set up of a computer lab now almost entirely dead to laptops. I don't think this had an insubstantial impact on Apple, but it was probably masked by the rise of mac-based startups and other trends in Mac.