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It signals to me that revenue has more perceived value than profit. I agree with this philosophy if the company uses the forgone profits to pursue risky but pot
by PublicEnemy111 12y ago
It signals to me that revenue has more perceived value than profit. I agree with this philosophy if the company uses the forgone profits to pursue risky but potentially rewarding ideas similar to the way Amazon has. I don't agree with it when the "idea" is a device with features they withheld from a previous release in an overcrowded category that they already dominate. That is not to say I don't like the idea of a cheaper iphone -- cheaper iphones can be a great gateway drug to the apple ecosystem. Its the 6+ or 5s that Im talking about. I expect a lot more from a company with $160 billion on hand and with the reputation of Apple's.