Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Musk is a smart guy, but not when it comes to the best consumer electronics. Musk would be manipulating stock prices rather than making cool personal electronic products. A car is not an iPhone. A rocket is not a Mac. Apple is not Tesla. We are so thankful for that. If Apple buys Telsa, Musk should become VP of electric cars and nothing more.
 
Buybacks just manipulate stock prices. Companies should concentrate on taking care of employees, making great products, taking care of customers, in that sequence. Stock prices will take care of themselves if companies do the right thing.
 
Buybacks just manipulate stock prices. Companies should concentrate on taking care of employees, making great products, taking care of customers, in that sequence. Stock prices will take care of themselves if companies do the right thing.

No, buyback do not just manipulate stock prices. They reduce the amount of stock, and change the capitalization of the company. Enough buybacks and a public company can go private, for example. What’s wrong with any of that?
 
  • Like
Reactions: hooptyuber
Buybacks just manipulate stock prices. Companies should concentrate on taking care of employees, making great products, taking care of customers, in that sequence. Stock prices will take care of themselves if companies do the right thing.
Buybacks are a way of returning capital to shareholders, just like dividends. They can have some advantages over dividends from a tax perspective, and it’s a lot easier for management to end a temporary buyback than reduce an established dividend. Obviously there can be downsides- executive compensation can be tied to share price in a way that incentivizes buybacks at the expense of the business’ long-term profitability, and companies often overpay for their stock, but in theory, there’s nothing wrong with it.

Apple is investing plenty in R&D, CapEx, and worker compensation, and makes eye-watering amounts of money. The alternative to buybacks isn’t “more R&D”, it’s sitting on a massive pile of cash that does nothing for anyone. Apple isn’t trying to manipulate its stock price with buybacks- it’s returning cash to its shareholders, as it should.
 
When is Apple going to get into rocketry and launch the BFA "Big ***** Apple"? LOL!!!!

I think an Apple/Tesla partnership could make sense on a ton of levels...
 
Apple is now the laughing stock with most corporate I.T. types, because they still can't see that nobody wants a computer that's impossible to service or upgrade on your own, with as FEW ports as possible, all for a premium price. This was NOT the way Apple was going under Jobs, if you step back to, say, 2009 or 2010.
Oh how quickly people forget, that the original Macbook Air, the computer that that started the whole trend of not upgradable, not self-serviceable, with only 1 USB port, all at a premium price, was the baby of Steve Jobs. How quick are they to whitewash his legacy.
Apple is going down this path precisely because Steve wanted it, not in spite of him.
 
  • Haha
Reactions: Surf Monkey
No, buyback do not just manipulate stock prices. They reduce the amount of stock, and change the capitalization of the company. Enough buybacks and a public company can go private, for example. What’s wrong with any of that?
I don't understand how a company like Apple could go private via buybacks. These stocks are retired or used as bonuses, and if the company buys them back, then who owns the company?
 
Even if true I wouldn't blame Cook.

But I doubt Musk is hurting about it. Tesla is still the electric leader for the foreseeable future; as least quite a few years to decade. If I was buying an electric car it would likely be a Telsa (especially due to the charging network, it will take years for others to come close).
Apparently he is,... All of a sudden Musk is commenting on the Apple vs Epic court case. Musk has a loyal following but he's also an opportunist
 
Apparently he is,... All of a sudden Musk is commenting on the Apple vs Epic court case. Musk has a loyal following but he's also an opportunist
Probably because he wants his solar housing project to get attention. The best way into someone’s mind is to be prevalent for an excessively long amount of time.
 
That could be interesting, crazy ideas, new tech, perhaps better quality? Who knows, but certainly I would want Apple to move into the future with less narcissism in regards to pricing, specs and visual and tech design evolution.
 
That could be interesting, crazy ideas, new tech, perhaps better quality? Who knows, but certainly I would want Apple to move into the future with less narcissism in regards to pricing, specs and visual and tech design evolution.
Did you do a check of how much a Tesla vehicle costs, or are you ignoring Musk’s pricing AND narcissism in favor of being anti-Apple? Go compare any all-electric vehicle to a Tesla price wise and report your findings. :p
 
Did you do a check of how much a Tesla vehicle costs, or are you ignoring Musk’s pricing AND narcissism in favor of being anti-Apple? Go compare any all-electric vehicle to a Tesla price wise and report your findings. :p
Not sure if electric vehicle with boatloads of expensive battery cells and self driving features is comparable with chinese made tablet that costs far less to produce and contains less of those expensive rare earth minerals.
 
Not sure if electric vehicle with boatloads of expensive battery cells and self driving features is comparable with chinese made tablet that costs far less to produce and contains less of those expensive rare earth minerals.
…? I’m talking about the Mustang Mach-E, the Chevy Bolt, the Macayan, etc… where did you get tablets from? ;)
 
Says two people who have identified themselves, as opposed to “unnamed people who heard it from others” which is what the book says.
right, the sources (if true) were prob super close to either CEO and would understandably be afraid to be named. don't think anyone will know if they said it or not. choose to believe who you want. i tend to believe in a moment of an insane request from Elon that Tim could respond like that in a candid and assumed private conversation. now approx 5 years later the game of telephone may have taken hold and words altered. who knows.
 
…? I’m talking about the Mustang Mach-E, the Chevy Bolt, the Macayan, etc… where did you get tablets from? ;)
Im talking about you apparently implying that Tesla run Apple would still be the same overpriced tech company with little innovation and progress from year to year.
 
Im talking about you apparently implying that Tesla run Apple would still be the same overpriced tech company with little innovation and progress from year to year.
If you don’t like Apple’s sameness, then chill with windows. It’s better than being a Tesla fan, I’m sure.
 
Yeah that is a dumb stoyr, I agree with Elon, it's also boring.

I've been following Elon Musk and Tim Cook for decades.

Neither of these guys would say anything like that. They're both professionals and not morons. The rash over the top hyperbolic of this storyline would fit with a 23 year old Steve Jobs, who was well known for making dramatic statements. But this.... that's dumb. And boring. And false. Just the lies.

Elon would never demand first thing to be CEO; if he wanted to be CEO, he'd be smart about it. The discourse here is what a moron would say. Elon is not a moron.

If Tim Cook was faced with such a request, he'd say, sure, we will call you back *click*.

He's way too classy and way too restrained and way too secure in himself to say anything like that, I also don't think he would mind, at all, to step aside as CEO for someone new, IF he thought that person would be better at it.

I criticize Cook for many things but he's not a power hungry idiot - the opposite if anything. He sees it as his duty to lead Apple to the stars, and he does it for Jobs and for his fellow Apple people.
 
  • Like
Reactions: Ted13
right, the sources (if true) were prob super close to either CEO and would understandably be afraid to be named. don't think anyone will know if they said it or not. choose to believe who you want. i tend to believe in a moment of an insane request from Elon that Tim could respond like that in a candid and assumed private conversation. now approx 5 years later the game of telephone may have taken hold and words altered. who knows.

This is so stupid. The “sources” don’t claim to have heard it from the CEO. They claim to have heard people talking about it at the water cooler. It‘s third degree hearsay.
 
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.