The greedy ways Apple got to $1 trillion

The greedy ways Apple got to $1 trillion

6 years ago
Anonymous $oIHRkISgaL

https://techcrunch.com/2018/08/04/the-greedy-ways-apple-got-to-1-trillion/

For being the richest company ever with $243 billion in cash, Apple sure cuts corners in the stingiest ways. The hardware giant became the first trillion-dollar company week. Yet it’s tough to reconcile Apple earning $11 billion in profit per quarter with it still screwing us over on cords and keyboards. The “it just works” philosophy has slipped through the cracks of the money-printing machine.

We still turn to Apple because it makes the best core products. But the edges of the customer experience have frayed like the wires of a Lightning cable. The key to Apple’s fortune is obviously selling high margin iPhones, not these ways it nickels and dimes us. But the company has an opportunity to raise its standards after this milestone, though, and win back the faith that could push it to a $2 trillion market cap.