Apple avoids job cuts because it didn’t overhire like Google and Amazon

Post by azinman2 » Fri, Feb 10, 2023, 5:10 PM UTC

jimbokun wrote: post #168

Patrol8394 wrote: post #156

It all comes down to Apple being a very focused company. They know their customers, what they want and they have a much better business model. Steve Jobs once explained it by saying they say no to a lots of things even to those who seem on paper great ideas. All that to stay focus. On the other hand, Google is all over the places, they are very distracted and confident that they will always be the indisputable kind i…

Which is interesting because the whole purpose of setting up Alphabet was to diversity revenue streams. But I don't think any of those efforts have generated significant revenue relative to their core business.

Post by JumpCrisscross » Fri, Feb 10, 2023, 5:11 PM UTC

sam0x17 wrote: post #125

lotsofpulp wrote: post #94

Earlier quoted context omitted.

Playing the game according to the current rules seems preferable than playing the game according to rules that may or may not come into existence. Also, they will still be one of the, if not most, profitable businesses in the world even if they lose all the App Store revenue, so it does not seem reasonable to expect more.

Companies of this size need to play the long game, but quarterly OKRs and a beuracratic structure ensure they only ever play the short game. The 30% is great this quarter and next quarter, and every quarter until the quarter where it goes away completely. Keeping it this high is extremely risky behavior, literally taunting for regulation.

Post by brookst » Fri, Feb 10, 2023, 5:12 PM UTC

inetknght wrote: post #87

etempleton wrote: post #53

Earlier quoted context omitted.

Growing too fast is damaging to both culture and productivity. You have a bunch of people starting that are still learning. Depending on the job and the person it can take a full year to be fully competent in a job. Apple was smart to move slower. They are probably one of the best run companies in the world.

> [Apple is] probably one of the best run companies in the world. I would argue that perhaps Apple's business side of things is arguably well-run. I personally disagree; I think that since Tim Cook has taken over, Apple's business focus is more on short-term gains instead of long-term quality. But I would also strongly argue that their software side of things has been trending downward ( especially in terms of qualit…

Post by azinman2 » Fri, Feb 10, 2023, 5:13 PM UTC

sam0x17 wrote: post #126

dmix wrote: post #114

Earlier quoted context omitted.

So what should they have done? Conceded to a group of Epic type companies on a VIP-type basis so regulators don't eat their lucrative subscription model? Without bigco lobbying the gov I doubt there'd be as much regulatory pressure. So the best bet might have been to work with the major companies hiring lobbyists and getting PR. Rumour is Apple is opening up side-loading so the "walled garden" thing might be neutered…

No no they should have never had it above 10% to begin with. The case with Epic never should have needed to happen. They've been over-extended all along.

Post by glomgril » Fri, Feb 10, 2023, 5:16 PM UTC

danudey wrote: post #162

giantg2 wrote: post #118

Earlier quoted context omitted.

"Depending on the job and the person it can take a full year to be fully competent in a job." Some of us never become competent.

Ideally it takes a full year for them to realize that you're not competent, at which point you hit your 1 year cliff and can snag 25% of your options or RSUs before you get PIP'ed out.