News for hackers. Stuff that matters.
Re:Apple Reports Third Quarter Results by BearOso on Thursday July 28, 2022 @05:02PM (#32270064)
Profit can't grow forever. At some point your company is so saturated you have to wring water from stone, literally nickel-and-diming people.
Re:Apple Reports Third Quarter Results by skyyler on Thursday July 28, 2022 @05:17PM (#32270229)
Is there nothing that can be done about this? Must profit continue to grow forever for a company to be "good"?
Re:Apple Reports Third Quarter Results by Gigachad on Thursday July 28, 2022 @06:17PM (#32270740)
Plenty of companies don’t have much if any growth, utilities for example. It’s just Apple is no where near the end of the line for growth and new opportunities.
Re:Apple Reports Third Quarter Results by JKCalhoun on Thursday July 28, 2022 @07:18PM (#32271223)
Your company transitions to dividends. And Apple (AAPL) has already begun that.
Re:Apple Reports Third Quarter Results by jxramos on Thursday July 28, 2022 @07:41PM (#32271402)
what's the connection here between growth and dividends? Come to think about it it's something that's carved out in investment products huh: growth stocks, rising dividend stocks, etc. Are growth and dividend payouts semi mutually exclusive or something?
Re:Apple Reports Third Quarter Results by tedunangst on Thursday July 28, 2022 @09:37PM (#32272170)
A growing company reinvests profits into further growth, developing new products, building new factories, whatever. When you can no longer grow, you return profits to shareholders.
Re:Apple Reports Third Quarter Results by jxramos on Friday July 29, 2022 @10:24PM (#32283751)
Wow is that so, is this the case because of some fiduciary responsibility or some regulation or is it good will to those invested in the company?
Re:Apple Reports Third Quarter Results by sneak on Thursday July 28, 2022 @05:09PM (#32270145)
The best is when you buy a new $1400 phone and it starts panhandling you for $4.99 to upgrade your iCloud Backup storage.
Re:Apple Reports Third Quarter Results by boplicity on Thursday July 28, 2022 @06:18PM (#32270746)
They're not asking for $4.99 -- from their perspective, once you sign up, you'll likely stay for years. $4.99 a month for ten years is $600. And you'll likely need to upgrade your iCloud storage at some point, because you'll run out of space, increasing your value even further. I wouldn't be surprised if many of the people paying for iCloud now will remain iCloud customers for the next 20 years, or even longer.