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Any software ie Google, meta snap etc are very vulnerable as that smart guy in the garage can come up with something (tiktok) out of nowhere. That’s why meta for example has to buy the new threats (Instagram) however you can’t make Apple products in a garage that’s for sure or anywhere else for that matter as Msft, Google, Samsung, LG, Chinese phones have all tried to knock off Apple and have failed miserably.

Apple’s strength has always been its ecosystem, and it continues to grow with every new product release and software update. Replicating it is an uphill battle, and that’s why I believe Apple will continue to prosper for a good long time to come.
 
Hmmm.... surely future value is irrelevant if you're never going to sell them?
Perhaps its the idea of high value that gives him comfort, which is psychologically valuable in its own way :)
 
Exactly, Apple has never had a monopoly on anything. They were always the underdog doing their own thing. Good to see the underdog win. Hope Apple does not become complacent as most companies that get this big eventually get.
It appears that focusing on folks that value and have the money to spend on your devices/services (instead of focusing on appeasing folks that will never buy your product) is a workable strategy.
 
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And yet, it’s still very far from its all-time high, and even more so if you use an inflation-adjusted chart.
 
I am surprised people still use Facebook. Is was so cringeworthy even in it's heyday, now it feels unimaginably cringeworthy. It will be good to see it finally disappear.
The only thing worse than Facebook is people using the words cringe and cringeworthy.
 
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Advertising has only been 1-1.5% of the world's GDP since 1925.

This means the longterm growth potential of ad-based business models is limited, and it's rather surprising Alphabet and Meta have not done more to diversify their revenue streams outside of advertising.

My hypothesis: companies that are used to making a product/service that users get for free (i.e. where the user is the product being sold) probably aren't intensely focused or skilled in the art of making a valuable, quality product, thus making the transition to paid products/services inherently difficult.

You are right, advertising is a tough business. Apple tried it and failed miserably, that’s when they stopped it and adopted the “privacy is a human right” bulsh&t slogan.

The only reason Meta and Alphabet have been successful at it is because of their ability to target the hell out of you, so they sell not only the ad but the “relevancy” of it to whoever is paying for it.
 
Meta is advertising, Google is advertising and Amazon has AWS losing market share to all the growing Cloud competition. Apple stands alone as its products are gaining market share and have an economic moat that is insurmountable. Ask Buffett he’ll tell ya.
And yet, the company seems to think (again) that advertising is a good business to get into.

I hope they get back to focusing on great products. I prefer that business model, even if they charge through the nose for it.
 
Advertising has only been 1-1.5% of the world's GDP since 1925.

This means the longterm growth potential of ad-based business models is limited, and it's rather surprising Alphabet and Meta have not done more to diversify their revenue streams outside of advertising.

My hypothesis: companies that are used to making a product/service that users get for free (i.e. where the user is the product being sold) probably aren't intensely focused or skilled in the art of making a valuable, quality product, thus making the transition to paid products/services inherently difficult.

And the corrolary is apparently that companies who have strived to make a quality product apparently can’t resist the lure of turning the customer into the product and taking that ad money anyway, all for the sake of next quarter’s results.
 
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Maybe Apple should buy Amazon.
It would be interesting to see Apple buy Microsoft, it will never happen but I would love to see the Windows fanboys go absolutely insane. I am also pretty sure regulators would never allow it.
 
One reason I'll never sell Apple is that it's hugely desirable for the younger generation. I'm staying in a developing country and if you want to be "cool", you must have an iPhone. In the US, something crazy like 90% of teens uses an iPhone. This means the younger generation will be buying Apple Watches, Macs, iPads, and subscribing to Apple services in the future. Tomorrow's young adults will be more attached to Apple than today's adult generation.

Statistics also show this trend. iPhone surpassed Android market share in the US after a decade of being the distant second. Macs are growing while PCs are shrinking.
Only in America. RotW Apple are very much the minority company. PCs still rule the computer market by a huge margin and Android is by far THE most popular mobile OS in the world.

The fact that people are judged in your country based on the brand of the phone they choose rather than something relevant like, I dunno, let's say their general strength of character and how good of a person they are, probably says a lot about how your people view Apple products as status-symbol aspirational devices to show they are part of the 'those who have' crowd and not the 'those who have not' crowd. That said, the US is the same, particularly as you rightly point out at the younger end, but that doesn't mean the US stance is a good role model to follow. It absolutely is not.
 
I am surprised people still use Facebook. Is was so cringeworthy even in it's heyday, now it feels unimaginably cringeworthy. It will be good to see it finally disappear.

Yeah, how "cringeworthy" to stay in touch with friends and family 🤨

Like with any technology, it can be used for good or bad. But it appears many of you only have one brush size: broad.
 
Most people don't. While people still have FB accounts, nearly all my friends are no longer active on it. In fact, the most active type of post on FB in my age group is happy birthday posts. And half the time, the birthday person doesn't even reply.

However, Instagram is hugely popular in my age group.

The problem with Instagram is that it's doing the exact same thing that made Facebook unpopular in my age group. It's turning itself into a media consumption app instead of a social app with your friends. If you recall, Facebook decided to train their algorithms to show news, articles, and random videos instead of your friends' posts. This eventually backfired. Instagram is doing the exact same thing. Now Instagram feels less personal which means people might find a different platform to latch onto next.

The people optimizing Instagram and Facebook are only optimizing based on A/B test results. If a test shows that there's more time spent and more engagement, it's pushed to production. The problem with this approach is that you have no vision of what the app should be. Eventually, it becomes a monster and people hate using it.
For some reason Instagram thinks I’m interested in cookie decorating (not sure why as I’ve never searched for anything like that on any social medial platform) so every third item I see when I scroll the app is video of someone decorating a cookie.
 
It would be interesting to see Apple buy Microsoft, it will never happen but I would love to see the Windows fanboys go absolutely insane. I am also pretty sure regulators would never allow it.
It is interesting that the two most valuable companies (US) are Apple and Microsoft. I have a feeling they will be for a long time to come. So long as no one can come up with a better spreadsheet program than Excel businesses will continue to use the Office suite of products (including Teams). And if they’re O365 then they’re probably using One Drive/Azure too. Apple pretty much has a lock on consumers and Microsoft on business.
 
It is interesting that the two most valuable companies (US) are Apple and Microsoft. I have a feeling they will be for a long time to come. So long as no one can come up with a better spreadsheet program than Excel businesses will continue to use the Office suite of products (including Teams). And if they’re O365 then they’re probably using One Drive/Azure too. Apple pretty much has a lock on consumers and Microsoft on business.
I can't see another company coming out with anything that will ever knock Office off its throne, it has been the standard for so long that it would take drastically better software to break into business/enterprise.
 
And I briefly surpassed them with my funny money until I realized that I added one additional 0 to my funny money checkbook :)
 
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