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And it's gonna be $200B+ when they put ads in everything like Google. Shareholders will love it even more. I remember articles discussing how Steve Jobs was ha
by jack_tripper 1y ago
And it's gonna be $200B+ when they put ads in everything like Google. Shareholders will love it even more.
I remember articles discussing how Steve Jobs was hated by Wall Street since he prioritized consumer experience above cost cutting and shareholder returns, while Tim Cook is loved by Wall Street since he prioritizes cost cutting and shareholder returns above consumer experience.
- mandeepj 1y ago> he prioritizes cost cutting I don't think Cook is into cost cutting. 1. Almost no layoffs. 2. Burnt money on Apple car 3. Burnt money on Wireless charger 4. Burnt $5B on Apple Park; Original budget was $1B 5. And, so many other research areas.
- jack_tripper 1y ago>I don't think Cook is into cost cutting. Check the box contents of the first iPhone versus the latest iPhone. >4. Burnt $5B on Apple Park; Original budget was $1B Apple Park started under Steve Jobs. >5. And, so many other research areas. Their research is also mostly to cut costs. Develop a modem, not to sell modems and beat Qualcomm on the market, but to stop giving Qualcomm money and keep it for themselves as extra margins. Etc.
- brailsafe 1y agoIdk that I'd call building a headquarters for your super huge company burning money in the same way an experimental car project might be, or the Vision Pro.
- jdlshore 1y agoDo you have evidence that they’re going to put ads in everything, or are you just catastrophizing? (Yes, I know there are already some ads. That’s not evidence that they’re going to put $100bb more in.)
- wmeredith 1y agoAds are coming to Apple Maps next year according to Mark Gurman at Bloomberg: https://www.engadget.com/apps/apple-is-reportedly-getting-ready-to-introduce-ads-to-its-maps-app-170654072.html https://www.engadget.com/apps/apple-is-reportedly-getting-re...
- mgh2 1y agoOnly in maps…
- jdlshore 1y agoThat’s pretty disappointing. I pay a premium for Apple devices because I perceive them as customer-first. Highlighting businesses because they pay more, and not because they’re better for my needs, is decidedly not customer-first. It’s absolutely something that could push me out of the Apple ecosystem.