Earlier quoted context omitted.
> Isn't a larger concern that Tim "Services" Cook failed to skate where the puck was headed on this one? Doesn't somebody (not named Nvidia) need to make a serious profit on AI before we can say that Tim Cook failed? OpenAI and Anthropic aren't anywhere close. Meta? Google? The only one I can think of might be Microsoft but they still refuse to break out AI revenue and expenses in the earnings reports. That isn't a g…
I certainly don't think that profit would be required. Many of the massive tech companies that exist today went through long periods of time were they focused on growth and brand no profits for many years even post IPO. I won't pretend to know exactly how the AI landscape will look in the future, but at this point it's pretty clear that there's going to be massive revenue going to the sector, and Moore's law will con…
"failed to skate where the puck was headed" assumes that we know where the puck is going to be. We don't.
Everyone is skating towards that same spot while Apple is over by the blue line practicing their swizzles. They sure look like they're doomed. But large groups of people have skated to the "wrong spot" thousands of times. That's the entire point that Gretzky was making with his quote. He's not big enough, strong enough, fast enough to get in that scrum. They're all fighting it out and the puck slides away. To him. All alone.
Maybe that is Apple, maybe it's not. I mean, they're still learning to skate while everyone else is playing hockey.