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> Kinda sad to see Apple doing this. Maybe, but what are the alternatives? Develop yet another device that does pretty much the same thing as all the other de
by mr_toad 3y ago
> Kinda sad to see Apple doing this.
Maybe, but what are the alternatives? Develop yet another device that does pretty much the same thing as all the other devices? Long-shot projects like a car. Or, the worst; buying up other companies and entering other markets for no good reason until it becomes an amorphous conglomerate?
Investors might prefer to take the profits, and do their own investing.
- marcus_holmes 3y agoGood question. What are the problems that tech could be solving but isn't? I don't think the answer to that is "nothing". > Investors might prefer to take the profits, and do their own investing. Yes, exactly the point; if the investors think their money is better used by other companies to solve those problems, then Apple is recognising that it is no longer the best at doing that. I think that's sad.
- AndrewKemendo 3y agoLower prices If they have more demand than supply then they are not charging a market clearing price, they are charging rent which nobody that believes in efficient market theory should accept However there are ZERO analysts or economists arguing for that Funny how that works huh