Not to worry. I have a stop-loss order to automatically protect profit. If Apple share price should drop below a level that provides a 100% return on investment, APPL shares get sold immediately. But that has never happened.
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Apple CEO Tim Cook Earned $74.6 Million in 2024
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It’s true what you say, but a lot of what some people think is that he’s freewheeling a little bit on already working products on people already entrenched. Apple and iPhones etc remain cool, and it does have something to do with him, but it’s not him that made it so. He has not particularly innovated as ceo, not in the way other companies have (not necessarily phones). He’s done well and I like him and I like Apple, but it’s been a while since something interesting has come from them, something I want to buy. It’s incremental (still great) products. Not something that everyone immediately wants to buy and dominates a new sector for them. Not much of that from him.
I am not European and people complain about the quality of software? Part of the blame, imo, is the EU.
Doubt many iPhone users have really old iPhones prior to the iPhone 8.
Me 2. But that is secret info.
Why would Mr. Cook say those numbers?
Well that’s some great anecdotes. Thanks!
I’m relatively low income, but I live in a city with great public transportation and have no car to spend on. I’m merely frugal and enjoy saving up so I can occasionally splurge on Apple goodies. The AVP was half the price of the original Macintosh given inflation. For what it is, it’s a bargain. Without it you’d likely never get to those cool glasses you’re imagining. The interface and OS is the killer app. As Apple adds more content it will continue to improve. Right now I have a heart surgery next week and I’m looking at a 3D functioning heart from inside & out as it beats to visualize what will be happening to me. It’s been hugely educational and given me insight into my own body in a way that no textbook or movie could. It’s worth every penny and if Apple builds another with an updated chip (for ray tracing & shaders) I’ll buy another and give my current one to my spouse. 👍🏻
Well for all I know he's giving a lot to charities to help out such people barely getting by. I have no idea so I can't really praise or complain about him.
And instead took millions of stock options which made him a multi-billionaire and secured huge tax benefits.
Apple Watch
It enables them to grow to the value they have.
Benefits
1) people buy shares, share prices go up, value goes up.
2) shares get split, creating more and then the cycle continues. Value goes up.
3) more accountability as a result of having investors.
Disadvantages
They don’t get to do exactly what they want and they are obliged to just make money whilst also doing other stuff.
That’s Cool’s skill and the difference between him and Jobs. I don’t think Jobs cared about shareholders, or at least he would be prepared to let them lose money. That’s why Apple is in good hands with Cook.
Jobs also said you cannot 'keep doing what you did at the beginning'. That’s what happened to Xerox and why they failed to grow. (Est value of $1B)
I like that people say "AVP" needs a killer app? But you’ve said that the interface is the killer app.
Nothing else on the market like that at all.
So, @HJM.NL , there’s another of the innovations whilst Cook has been boss man. The next innovation is for people to come up with applications that are going to be able to use it. We're stuck in this stupid bias of Keyboard and Mouse/trackpad. Who is clever enough to use the technology Apple has designed or are Apple too many years ahead for others to get their limited brains to think if things advanced enough?
Good luck on your surgery next week @SFjohn
That's not innovation but invention.
Innovation is to take something which already exists and improve it or find new uses for it and thus gaining some (economical) benefit. Or combine existing things into a new thing with new uses which also gains economical benefits.
Apple is usually bad at invention and good at innovation which is why I like Apple since I don't like new things to often.
And by that definition of invention (which I largely agree with) nearly everyone is bad at it. How often does ANYONE come out with something that's not just a better version of something we've already had.
What a silly question. Can you list a dozen innovative products developed by any single tech company during the same timeframe? Maybe drop that down to 10. No 5. How about 2?
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I'd struggle to come up with such a list for all tech companies COMBINED
You seem to think that Apple can choose to not have shareholders. Apple can't since the shareholders are the owners. Also, unless you're very small it's almost impossible to run a business without being an incorporated company.
The shareholders are the owners of the companyThe benefit of being publicly traded is for the owners and investors to be able to profit by having a huge market to sell their shares. Those who buy those shares do it because they can also sell it shares easily later.
It also offers a company a quick way to raise money if necessary.
Companies do not exist for the benefit of their customers or employees but their owners. If you treat companies as mostly selfish entities, you'll do much better. If Apple doesn't enrich your life with their products or provide value, you shouldn't become a customer. Or if you're already a customer, buy something else next time.
Over time you'll be free from Apple.
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Samsung did it sooooo many times. They’ve gotten better tbh. But they aren’t actually innovating. Just ironing out their crap.
It’s about change, not reinvention. It’s about progress.
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No, they shouldn't. Change shouldn't be frictionless and almost never is.
Customers can change and the friction of change will be worth if it the competing product or service is much better. If it isn't, well, no harm in staying with Apple.
Unless and there are tons of others with the same experience:
I’m Stuck in the Apple Ecosystem
Let’s take a look at how Apple has been so successful at making itself the default choice for many consumers.medium.com
And you link to one person who writes: "To anyone looking at the Apple ecosystem [...], I must say I personally find it wonderful."
It would cruel to make it easier for such a person to escape something which is wonderful.
And that friction or "locked in" feeling exists for all Windows PCs as well. How many Windows users have we heard say they don't want to move to a Mac because they are familiar with Windows and don't want a learning curve. Windows PC may seem less locked in only because you can move to another make that also runs windows but you're still limited unless you accept that friction.
If you upgrade to a new version, you must take the responsibility that things change. If you had prepared yourself you probably could have reverted back to the old version.
Exactly. Years ago (2011) i left PC and had that horrible learning curve where the window maximise button was on the 'wrong side'. Oh the humanity…. But I got through. Recently bought a HP Laptop for legacy reasons, and OMG. Could have bought a M2 Mac Mini at the time for the same price. What a bad purchase that was. Plastic piece of junk, with a 3 hour upgrade cycle (windows updates) every time I turn it on. But it does have a touch screen that I have used… nonce
Apple should try to take as much money as possible from their customers. And customers should try to get as much value and for as little money as possible from Apple.
This should be governed by the free market where the actors have free will.
I'm quite happy to give Apple a lot of money for the convenience of using integrated Apple product and services.