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Apple is a corporation that is traded on the stock market. Their primary customers and their board of directors are the stakeholders, not the paying buyers. Hen
by Derbasti 15y ago
Apple is a corporation that is traded on the stock market. Their primary customers and their board of directors are the stakeholders, not the paying buyers. Hence, they absolutely want to screw with us if that is producing better stock prices.
In the past, Apple has done quite a nice job at still doing a lot of stuff that benefits us--probably by promoting long term user satisfaction as their recipe for success. But at the end of the day, their allegiance probably lies with the stakeholders, and many of them are more interested in short term earnings than long term investment.
- reidmain 15y agoAgreed. It would be naive to think that the stock holders have absolutely no say. But Apple seems to have done such a great job at putting the customer experience first and making a ton of money off of it. They also have more cash on hand than God so I'm not worried about them tanking somehow and needing to gouge us anytime soon. If all of a sudden Apple stops making money and starts doing shady stuff then I'll look at my other options and possible switch again just like I've done before.