Apple is at the first major cross-roads since the passing of its late co-founder Steve Jobs 12
years ago. It finds itself still largely dependent on the product lines and businesses that Jobs left behind. Its Vision Pro has received mixed reviews on launch, while it is also facing several other headwinds including a major lawsuit against what the DOJ claims are its anticompetitive practices.
Take a look at Apple stock over the last 12 years the company is worth literally 10x what it was worth when Jobs died. What a dumb framing.
Boeing’s stock kept rising in the last 10 years, because they were sacrificing what they should be doing for shareholder value. Stock price alone is not a good metric for companies.
I hate how people point towards profit and claim that is an argument a company is successful.
It is easy to make a lot of money when exploiting workers, customers and all the people of the countries you evade taxes in.
It is like claiming drug barons, mafia bosses and human traffickers are successful. Successful in evading the law maybe.