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Apple Is 'Ungodly Well-Managed,' Billionaire Investor Says
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I beg to differ. Examples of poor and ghastly judgement on a number of issues taints and brings into question the judgement on other issues. You may have difficulty in appreciating this in this day and age, so be it.
Even a broken clock is right twice a day, but you should still know not to trust it for the time.
I there was a parallel universe, and Steve was still with us, I'd like to see Apple (and its products) as they would appear today. Maybe in today's world you can't chance too much innovation. That is what I miss from Steve's Apple days.?
LOL. Your characterizations are simply based on your opinion -- nothing more. His opinions are not tainted in the least and certainly not "poor" and "ghastly" at all. With regard to Apple, I assume you think it is a "ghastly" and "poorly" managed company because Charlie Munger, a self-made billionaire who is known for his wisdom and wit, says it is so. If so, this would not be a very logical conclusion.
Apple has been lauded as "ungodly well-managed" by billionaire investor Charlie Munger, Yahoo Finance reports.
In an exclusive interview, the Berkshire Hathaway vice chairman told Yahoo Finance Editor-in-Chief Andy Serwer:
Apple is now Berkshire Hathaway's largest stock holding, and the stake is a significant proportion of the value of the conglomerate holding company itself. In recent years, Berkshire Hathaway has sought to bolster its stake of Apple and other big tech companies such as Amazon. Munger emphasized that he is most impressed by Apple:
Berkshire Hathaway chairman Warren Buffett often praises Apple's success and, as of September 2021, the company owned 5.5 percent of Apple with 907.6 million shares.
Last month, Apple became the world's first company worth three trillion dollars. At its last earnings report, Apple reported quarterly revenue of $123.9 billion, an all-time quarterly record for the company. On a category-by-category basis, the company also set all-time quarterly revenue records for the iPhone, Mac, Wearables, and Services.
Article Link: Apple Is 'Ungodly Well-Managed,' Billionaire Investor
“Just trust me bro”
Apple has been lauded as "ungodly well-managed" by billionaire investor Charlie Munger, Yahoo Finance reports.
In an exclusive interview, the Berkshire Hathaway vice chairman told Yahoo Finance Editor-in-Chief Andy Serwer:
Apple is now Berkshire Hathaway's largest stock holding, and the stake is a significant proportion of the value of the conglomerate holding company itself. In recent years, Berkshire Hathaway has sought to bolster its stake of Apple and other big tech companies such as Amazon. Munger emphasized that he is most impressed by Apple:
Berkshire Hathaway chairman Warren Buffett often praises Apple's success and, as of September 2021, the company owned 5.5 percent of Apple with 907.6 million shares.
Last month, Apple became the world's first company worth three trillion dollars. At its last earnings report, Apple reported quarterly revenue of $123.9 billion, an all-time quarterly record for the company. On a category-by-category basis, the company also set all-time quarterly revenue records for the iPhone, Mac, Wearables, and Services.
Article Link: Apple Is 'Ungodly Well-Managed,' Billionaire Investor Says
What a f***ing non-article
There was never, ever a point where I'd say a Mac was as you describe it. The crap pile just got a little better on its own, literally copying Mac designs to the point where you saw Microsoft's VP's telling their hardware partners to copy the Macbook to create what is now the ultrabook. This isn't Tim Cook's doing, I don't know how many times it has to be said that he's not a product guy - and what that means is that he's not the one calling the shots with the products at all, for good or bad. If Jobs kept running the company, I have no doubt we'd be sitting in nearly the exact same position.
It would be pretty much the same as it is today. Developing, manufacturing, and selling outstanding products and services that customers, many repeat, want to purchase.
You know, if they fired every single one of their software developers and replaced them with children in a sweat shop, it would still have nearly zero effect on their profits comparatively. The two things you're trying to put together here do not relate in any way that could be anything but coincidence. Also, what software is ungodly bad?
I think the difference with Tim vs Steve is that Steve was a bit of a snob whereas Tim has made Apple less elitist. Tim isn't too proud.. And I think that rubs some people up the wrong way. You have people who want Apple to be the cosy "we are different" club and they sort of internalise it as part of their personality. I think those people are pretty upset with Tim because they aren't unique anymore.. everyone has a damn Apple product somewhere lol!
A case in point, would Tim have spent 20yrs not making a two button mouse? And then defend it only because he didnt like the look of two distinct buttons and completely forget the utility of it.. nope, Tim would never do that. Tim is not a snob!
Who knew that not being a snob was actually pretty good for business! I doubt that we would have seen the MacBook Pro get thicker or going back on the ultra flat keyboard stuff. Jobs rarely admitted defeat, neither did Ive. But I think that just means you leave money on the table.
Which is exactly why Jonny & Steve could never have made Apple the 3trillion company that Tim has done. Tim isn't wedded to the work and craft like they are. Tim is about the numbers and his joy seems to be about making the whole operation run smoothly. He is the ultimate CEO really. The one you want when you've invented some good stuff and need to keep things at a high level. There will be lots to learn from this guy if he writes it all down some day!
A case in point, would Tim have spent 20yrs not making a two button mouse? And then defend it only because he didnt like the look of two distinct buttons and completely forget the utility of it.. nope, Tim would never do that. Tim is not a snob!
Who knew that not being a snob was actually pretty good for business! I doubt that we would have seen the MacBook Pro get thicker or going back on the ultra flat keyboard stuff. Jobs rarely admitted defeat, neither did Ive. But I think that just means you leave money on the table.
Which is exactly why Jonny & Steve could never have made Apple the 3trillion company that Tim has done. Tim isn't wedded to the work and craft like they are. Tim is about the numbers and his joy seems to be about making the whole operation run smoothly. He is the ultimate CEO really. The one you want when you've invented some good stuff and need to keep things at a high level. There will be lots to learn from this guy if he writes it all down some day!
Perhaps I should rephrase. They are ignorant of other options. I'm not saying that Android is for everyone. But for most people, it can do exactly what an iPhone does, plus more, for less money. Some people are heavily invested in the apple eco system, and for them, finding work arounds with another OS doesn't make any sense. But others simply buy iphones "because its cool and what everyone else has", unaware that there are better options for their needs.
Overall everything is still great and better than the alternatives, I would say that overall things are more stable as well.
I agree life is better using Apple devices, and despite what I said, I think Tim Cook has done well in his time at Apple.
Not yet, I'm very much looking forward to trying one out tho. I'm very optimistic about the direction Apple is going with their own chips and I'm happy that it's "finally here" as it's something I saw coming (and got excited about) when they started doing their own chips in phones.
Imagine that, a billionaire bowing down and worshipping before the alter of a greedy trillion dollar company...
So, huge shareholder says their holding is awesome! Rah! Rah!
Every company is only a few garbage products away from failure. I am heavily invested in apple ecosystem....but just like apple running OS X secretly on Intel you have to keep your options open.
yeah right. thats why some apple stores want a union. Right?
And current versions of macOS are bloated and very buggy right?
and we waited how many years for more powerful Macs with ports instead of dongles . right?
I guess when your only talking about the iPhone.
And current versions of macOS are bloated and very buggy right?
and we waited how many years for more powerful Macs with ports instead of dongles . right?
I guess when your only talking about the iPhone.
You assume that being an Apple user equates to being a happy Apple user. Just because I can't find a good phone, and I have to use an inferior iPhone, doesn't mean I think it's a good design or a good OS. Yet I'm one of those users that you cite as evidence of approval of Apple's product.
Perhaps it is incorrect with the "up with which I shall not put" crowd. But if you ever read Chaucer in the original, you may notice that the English language, and what is perceived as acceptable grammar, is constantly evolving, and is massively different over just a few centuries.
Yes. I assume that 1 billion users are expressing their positive preferences and not settling. In the same way that when couples get married I assume they found the love of their life and not marrying the best of the worst. I don’t think it’s human nature.
However, I never said that nobody wont ever buy an iPhone because it’s the best of the worst.
Except where they took the lead is where a millimeter error takes you to four galaxies off course.
I DO tend to hold my iPhone in my left hand…?
I judge the strength of the company based on how much the customers love it. And I've got zillions of friends who they'd almost part with their right arm before they'd part with their iPhone. That's a hugely powerful position to be in.
Article Link: Apple Is 'Ungodly Well-Managed,' Billionaire Investor Says
Some of those 1 billion are certainly settling. Many many people have posted here and on other forums that if it wasn't for the fact that they would become social outcasts and in some cases shunned by family and friends and colleagues if they stopped using iMessage, they would happily be using an Android phone.
This just in! Investor of company makes positive comments about companies in which they invest in! Tune in at 5!
??♂️ Why should I give 2 ?s about this *******’s opinion? He’s rich and probably doesn’t pay taxes and makes lots of money off Apple. Did we expect him to come out talking smack? No. Because then this story would be interesting.
??♂️ Why should I give 2 ?s about this *******’s opinion? He’s rich and probably doesn’t pay taxes and makes lots of money off Apple. Did we expect him to come out talking smack? No. Because then this story would be interesting.
By focusing soley on money and not the customer. Thats a bad thing, fyi.