Earlier quoted context omitted.
Apple is basically a smartphone company at this point, and smartphone sales are plummeting. And I think they're plummeting for the same reason desktop sales plummeted. We went from a time where a new PC was a bit dated in 3 months and obsolete in 2 years, to modern times where a desktop from a decade ago is good for pretty much everything, even including high end gaming if you started with a high end card. The exact…
I would say it’s simpler than that. Between Wall Street demanding “growth” and the executives’ stock options being tied to meeting those numbers, they always pull out any and all stops to push “growth”. As others have implied, with people like Jobs and others gone, there is also no cultural resistance based on core values that created Apple to push back on shameless debasement. It is also what is happening all over t…
This right here. The perverse incentives integral to public companies are at the core of so much that is wrong with the world.