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I was with you until you said that amazing profits aren't a good thing, even for Apple. Its terribly difficult to judge Apple or compare them to "normal" compa
by mikeryan 14y ago
I was with you until you said that amazing profits aren't a good thing, even for Apple.
Its terribly difficult to judge Apple or compare them to "normal" companies but there's a prevailing sentiment in some investment quarters that if your profits are too high it means you're not investing enough back into growth. In this case apple gave back 2 billion in profits but gained 4B in revenues. In a lot of cases this is a growth tradeoff many companies would take.