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'Apple's main source of income is through luxury hardware and subscription services.' So why not keep it that way? I understand the temptation of veering from
by dazc 3y ago
'Apple's main source of income is through luxury hardware and subscription services.'
So why not keep it that way? I understand the temptation of veering from the path of 'do no evil' but Apple are not exactly short of revenue?
Apple, Google and Meta are currently all three sides of the same coin. Take your pick but don't claim any virtue for doing so.
- deafpolygon 3y ago> So why not keep it that way? That's like asking "This company's stock is doing well. Why not dump everything you've got into it?" Apple is diversifying their income stream, and leaving money on the table if they don't take it.
- ethbr1 3y agoOn the one hand, Apple has some potential ad business ceiling. That ceiling number varies according to how well they can target. On the other hand, Apple has some amount of iPhone et al. sales that occur because they respect privacy. Eventually, increasing the former will decrease the latter. I think Android shows us the link is weak (because most people don't care, if tracking is hidden), but it exists. My impression would be that right now, Apple is targeting far less than their customers would allow (while still buying equivalent amounts of hardware). The issue is +5 or +10 years, when Apple has a few bad product launches and needs to find a revenue stream, and selling a piece of their privacy soul to juice revenue is an easy bargain to make. Google's central evil was allowing ad revenue to metastasize and dominate the company, which in turn meant that ad execs have more pull than is healthy.
- sumeno 3y ago> So why not keep it that way? Because capitalism incentivizes unsustainable growth at all costs.
- deleted 3y ago[deleted]
- Draiken 3y agoDead on. No corporation in the world can stop this once they are big enough. Maybe if you had an already rich individual keeping his company private and making an active effort to not be evil. But come on, let's be real...
- fhd2 3y agoI'd doubt anyone would get that rich without a) being incredibly lucky b) lacking any notion of "good enough".
- satvikpendem 3y agoMost of the time, that growth is good for us, so we continue to keep that economic system around.