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Disagree with the criticism of current Apple vs Jobs Apple on the Apple Car. Of course Jobs could grow Apple by focusing on smaller markets. Apple was smaller t
by massysett 3y ago
Disagree with the criticism of current Apple vs Jobs Apple on the Apple Car. Of course Jobs could grow Apple by focusing on smaller markets. Apple was smaller then.
Now it’s a multi-billion-dollar juggernaut. Cook needs to keep it growing. So it needs bigger bets. Apple Car was just that. Some bets fail. Jobs had failures too. No risk, no return.
- rahkiin 3y agoAnd it is not a 10B loss, because employees gain skills and there are learnings or other tech innovations that can be used in other projects
- detourdog 3y agoMost likely the Vision pro is the result of the effort.
- azemetre 3y agoDoes Apple have higher tenure than other big tech companies? I was under the impression that they are all terrible at retaining employees. According to this SO blog, Google had an average tenure of 1.1 years: https://stackoverflow.blog/2022/04/19/whats-the-average-tenure-of-an-engineer-at-a-big-tech-company-ep-434/ https://stackoverflow.blog/2022/04/19/whats-the-average-tenu... Obviously this written before the big tech layoffs kicked off, but it's quite alarming if true.
- mardef 3y agoAverage is probably a poor way of analyzing this. In my experience there's a bimodal distribution of tenure that correspond to your job hoppers and your long-term employees. I believe you're going to see the lower average at places that have larger signing bonuses or other compensation that skews that way.
- azemetre 3y agoThat's a good point, I was thinking that the more experience you have the more likely you might be willing to venture out and start your own thing. At least that's been my experience at non-big tech companies with the more senior people (20+ years experience).
- vinnyvichy 3y agoThis can be said of most (non-real estate-based) bubbles..