it's embarrassing - I dislike Apple and I don't even want this for them.
> wtf happened
Jobs died (or went back to his home planet) and there was no worthy successor
Jobs died (or went back to his home planet) and there was no worthy successor
They've got nothing else. All of their product lines are mature. The Vision Pro headset is a solution looking for a problem. Investors demand green line go up, and Apple, and most of the industry, are leaning into AI because they don't know what else to do. Apple's AI product is just as half-baked as anyone else, if not more so. Everyone is stagnating.
@MeanwhileInOhio yes, they put a very pretty bow on a piece of shit. Something that generates emojis is something that a smart high school student should make. ( and I think I've seen an account that does just that? )
It's really a demo of what their fledgling AI can do, to keep the Wall Street wolves at bay for a bit while they furiously develop something better. Beyond these insignificant AI tricks, they have no real new features for anything in their product line because they've been steadily adding those features over the past 25 years and there's nothing but minor bits and pieces to add now and again. The entire industry has this problem.
@MeanwhileInOhio You don't get to be Apple and use a "demo" as a showcase, though.
Also the whole point of have billions of dollars in cash is so that you don't have to worry about the "wall street wolves"
Also the whole point of have billions of dollars in cash is so that you don't have to worry about the "wall street wolves"
I understand and I agree with you, but they're doing it. Having cash in the bank doesn't increase the share price, and that's what drives Tim Cook.
@MeanwhileInOhio indeed, I think Tim Cook does not have a whole lot of vision.
> Investors demand green line go up
Many such cases.
There words are nebulous and arguable, but in that context, this is the core problem with "capitalism" (not to be confused with "free markets").
Capitalism has no concern for wellbeing of the community, employees or even the company. In a way this behavior is parasitic. They end up destroying the host to squeeze more stock gains out of it.
Many such cases.
There words are nebulous and arguable, but in that context, this is the core problem with "capitalism" (not to be confused with "free markets").
Capitalism has no concern for wellbeing of the community, employees or even the company. In a way this behavior is parasitic. They end up destroying the host to squeeze more stock gains out of it.
@threalist @MeanwhileInOhio I also don't by the "I had to do this because the investors made me" - if the investors are demanding that you make money that you can't make in order for you stock price to go up, maybe that means your stock shouldn't go up in price
They don't have a choice when the investors call the shots.
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Imagine bleeding a toy store to death to pump up your numbers.
It is disgusting.
https://www.ft.com/content/02a5edbe-9d93-11e7-8cd4-932067fbf946
> the blame is perhaps to be placed most squarely on its private equity ownership. Toys R Us has spent more than $250m a year servicing $5bn in long term debt, which was “not a sustainable situation,”
It is disgusting.
https://www.ft.com/content/02a5edbe-9d93-11e7-8cd4-932067fbf946
> the blame is perhaps to be placed most squarely on its private equity ownership. Toys R Us has spent more than $250m a year servicing $5bn in long term debt, which was “not a sustainable situation,”
@threalist @MeanwhileInOhio Sure you do, you can say "nah, I refuse to run this business into the ground" and then you can either quit or be fired.
The only reason people went along with it for so long is that people hoped that behaving would keep them in good terms with "the system"
The only reason people went along with it for so long is that people hoped that behaving would keep them in good terms with "the system"
It was aways going to be near impossible to replace Steve Jobs, but Tim Cook is 180 degrees his opposite. Apple has certainly grown enormously in Cook's time, but the magic is gone. I haunt a number of Apple-centric corners of the web, and believe me, long-time Apple customers feel it sharply, and nobody has more vicious criticism for Apple than they do.