Re:Berkshire halves Apple stake, boosts cash to $277B as it ...
by coliveira on Sunday August 04, 2024 @03:34PM
(#41155755)
Yes, in the US and Europe. But Apple lost China and many parts of the world don't have the same loyalty to them. This may put Apple's profits in jeopardy in the medium to long term.
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Re:Berkshire halves Apple stake, boosts cash to $277B as it ...
by RandomThoughts3 on Sunday August 04, 2024 @04:06PM
(#41155976)
To be fair their position in Europe is not particularly stellar either. It’s good but can’t be compared to their US stronghold.
Re:Berkshire halves Apple stake, boosts cash to $277B as it ...
by freedomben on Sunday August 04, 2024 @03:36PM
(#41155771)
Fair point, although from what I've heard they are experiencing great numbers in China, including achieving that important "status symbol" or "luxury brand" status that has helped make them so formidable in the US.
I also think the US and EU markets are so big that they've got time (and plenty of money) to figure out Asia and Africa.