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> Surely Apples massive vault of cash doesn’t decrease their chances on ideas that fall outside their specialty. That cash ironically is an obstacle to Apple b
by randmeerkat 3y ago
> Surely Apples massive vault of cash doesn’t decrease their chances on ideas that fall outside their specialty.
That cash ironically is an obstacle to Apple being able to innovate. Instead of creative problem solving it solves problems with cash. Instead of collaborating and recruiting people to come work for a common vision, they join to pursue cash and status. Apple is nothing but a “phone company” with a bank attached, which is fine, it will continue to operate, but it won’t continue to grow and innovate.
- yreg 3y ago>Instead of creative problem solving it solves problems with cash. Instead of collaborating and recruiting people to come work for a common vision, they join to pursue cash and status. Apple is rather frugal with acquisitions and hires and somewhat frugal with salaries.