Earlier quoted context omitted.
Tim Cook refreshing his 401k page every day to see if he’s ready to FIRE.
I know this is a joke. But when I was at Vanguard, something like 95-99% of our users literally just logged on, checked their balance and logged off. A decent percentage of the user base does that every day. So only a few percentage a day actually made a trade or anything else. I always found it pretty odd before I realized I only make a trade 1 or 2% of the time.
Tim Cook's Impeccable Timing
91–100 of 438 posts
Re: Tim Cook's Impeccable Timing
#92Cook seems to be dragged for some of his decisions ( like China ), but he was the right CEO for the time. Ternus in turn seems to be the right CEO for this phase of Apple. I'm excited to see what Ternus does in the role! It's a homecoming of sorts having a product person and there has already been chatter he'll be more like Jobs in the role. If they can maintain their hardware lead and tighten up the software a bit,…
I don't know anything about Ternus other than WikiPedia saying he was VP of hardware engineering. Jobs of course (in addition to being an asshole) really was a product guy - he wanted to build seamless appliances that just worked, blending hardware, software and design into a beautiful thing that just did what you wanted (or what Jobs thought you wanted, which he was well attuned to). I think Apple took some missteps…
IMO one of their great advantages so far is that they have not blindly bought into the AI hysteria and wasted $billions on it. They've shown you can still have a great company without chanting the "AI is the future" mantra day in and day out. It would be pretty disappointing for a new CEO to drag them into the cargo cult and declare "We, too, must find something that we can do with AI."
Re: Tim Cook's Impeccable Timing
#93Earlier quoted context omitted.
Maybe Ternus is the kind of leader who could bring 0->1 innovation back to Apple in some form. Maybe an Alphabet "other bets" type setup? Or simply just taking more chances on completely new product lines that may or may not pay off in 5-10 years (like VisionPro). I mean when was the last big new bet previous to VisionPro? Wearables, with the Apple Watch in 2015 is probably it, a decade prior. (AirPods are huge but f…
For a while people were talking about the "Apple car". https://en.wikipedia.org/wiki/Apple_car_project ; seemingly they gave up on it because they realized that FSD wasn't quite going to work. I'm not sure why they wouldn't just pivot back to making a regular EV, it would still be guaranteed to sell millions of units at a premium price point by being a Tesla without (a) That Guy (b) build quality issues like panel ga…
The car seemed to be solving the "what if we could make a $100k car"?
At some point of wealth people become so disconnected from normal everyday life of normal people that I suspect they lose the ability to identify problems & solutions that 200M consumers have/need.
I thought it was funny/telling that Ive's first product after leaving Apple was a limited edition collaboration project on a.. battery powered LED lamp for sailboats starting at $5k. He said it was inspired by the need for a durable lamp for his sailboat.
Not exactly bicycle for the brain / 1000 albums in your pocket / instant access to the world information kind of vibes.
Re: Tim Cook's Impeccable Timing
#94Re: Tim Cook's Impeccable Timing
#95Earlier quoted context omitted.
Maybe Ternus is the kind of leader who could bring 0->1 innovation back to Apple in some form. Maybe an Alphabet "other bets" type setup? Or simply just taking more chances on completely new product lines that may or may not pay off in 5-10 years (like VisionPro). I mean when was the last big new bet previous to VisionPro? Wearables, with the Apple Watch in 2015 is probably it, a decade prior. (AirPods are huge but f…
For a while people were talking about the "Apple car". https://en.wikipedia.org/wiki/Apple_car_project ; seemingly they gave up on it because they realized that FSD wasn't quite going to work. I'm not sure why they wouldn't just pivot back to making a regular EV, it would still be guaranteed to sell millions of units at a premium price point by being a Tesla without (a) That Guy (b) build quality issues like panel ga…
Re: Tim Cook's Impeccable Timing
#96Cook seems to be dragged for some of his decisions ( like China ), but he was the right CEO for the time. Ternus in turn seems to be the right CEO for this phase of Apple. I'm excited to see what Ternus does in the role! It's a homecoming of sorts having a product person and there has already been chatter he'll be more like Jobs in the role. If they can maintain their hardware lead and tighten up the software a bit,…
I don't know anything about Ternus other than WikiPedia saying he was VP of hardware engineering. Jobs of course (in addition to being an asshole) really was a product guy - he wanted to build seamless appliances that just worked, blending hardware, software and design into a beautiful thing that just did what you wanted (or what Jobs thought you wanted, which he was well attuned to). I think Apple took some missteps…
Re: Tim Cook's Impeccable Timing
#97Earlier quoted context omitted.
Maybe Ternus is the kind of leader who could bring 0->1 innovation back to Apple in some form. Maybe an Alphabet "other bets" type setup? Or simply just taking more chances on completely new product lines that may or may not pay off in 5-10 years (like VisionPro). I mean when was the last big new bet previous to VisionPro? Wearables, with the Apple Watch in 2015 is probably it, a decade prior. (AirPods are huge but f…
I'm honestly shocked they haven't done more with HomeKit and in-home devices. Give me a low-power, always-on, iPad-mini style display on my nightstand, on my fridge, on my kitchen countertop, as a desk companion... there are so many things they could do with that form factor. They could even just offer me a dock or a mount as an accessory in most cases and it'd probably juice iPad sales, but they don't even do that.…
Re: Tim Cook's Impeccable Timing
#98Earlier quoted context omitted.
Maybe Ternus is the kind of leader who could bring 0->1 innovation back to Apple in some form. Maybe an Alphabet "other bets" type setup? Or simply just taking more chances on completely new product lines that may or may not pay off in 5-10 years (like VisionPro). I mean when was the last big new bet previous to VisionPro? Wearables, with the Apple Watch in 2015 is probably it, a decade prior. (AirPods are huge but f…
For a while people were talking about the "Apple car". https://en.wikipedia.org/wiki/Apple_car_project ; seemingly they gave up on it because they realized that FSD wasn't quite going to work. I'm not sure why they wouldn't just pivot back to making a regular EV, it would still be guaranteed to sell millions of units at a premium price point by being a Tesla without (a) That Guy (b) build quality issues like panel ga…
https://www.sonnettech.com/product/rackmac-studio/overview.h...
Re: Tim Cook's Impeccable Timing
#99Earlier quoted context omitted.
Being eligible for Medicare, Cook can finally afford to retire.
Likewise he can probably defer his Social Security payments until 70, in order to get the higher benefit... +1 for Medicare for the non-rich, though. I'm a retiree and the monthly payment is about 1/4 of what I was paying for health insurance before I was eligible.
People repeat this but when I ran the math on earlier Social Security payments it seems like the accrued $, by the time you're eligible for the higher benefit, is plenty similar as bonus income.
Re: Tim Cook's Impeccable Timing
#100Earlier quoted context omitted.
I don't know anything about Ternus other than WikiPedia saying he was VP of hardware engineering. Jobs of course (in addition to being an asshole) really was a product guy - he wanted to build seamless appliances that just worked, blending hardware, software and design into a beautiful thing that just did what you wanted (or what Jobs thought you wanted, which he was well attuned to). I think Apple took some missteps…
> I do think the challenge for Apple going forwards (but also for Android) is going to be how to best take advantage of AI. IMO one of their great advantages so far is that they have not blindly bought into the AI hysteria and wasted $billions on it. They've shown you can still have a great company without chanting the "AI is the future" mantra day in and day out. It would be pretty disappointing for a new CEO to dra…