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My question after reading the article is: is this bad? Is it a terrible thing that they're not growing in the USA? Apple is huge. What's really achieved by them
by dhoulb 13y ago
My question after reading the article is: is this bad? Is it a terrible thing that they're not growing in the USA? Apple is huge. What's really achieved by them being even bigger?
Is growth for growth's sake important?
If they continued to generate $billions each quarter, make great stuff, delight consumers all over the world, and did it for the next 20 years, I'd call that a roaring success personally.
Granted, that wouldn't make me want to buy their stock. But Apple don't seem to care about that. If their stock crashed, they'd probably take advantage of it and buy loads back, with their piles of cash. As long as they're making great stuff, in my book, that's enough.
Apple, to me, seems like a company that really should be held in a trust, or owned by its employees. Its goals seem kinda incompatible with the market and Wall Street.
- piyush_soni 13y agoBecause "stopped growing" might easily convert to "started declining" soon (a part of which is evident by the sales charts shown in the article). And that'd be worrying for them.