this post was submitted on 13 Jan 2024
201 points (94.7% liked)

Technology

59217 readers
2864 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

Al Gore To Leave Apple Board After 21-Year Run; Company Reveals CEO Tim Cook’s Pay Dropped 36% In 2023 After Shareholder Pressure::Former Vice President Al Gore will exit Apple's board of directors, the company said in an SEC filing that also revealed a pay drop for CEO Tim Cook.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 13 points 10 months ago* (last edited 9 months ago) (3 children)
[–] [email protected] 27 points 10 months ago (1 children)

About 50% of Apple revenue comes from iPhones. So if an iphone sells less then expected it's a big impact on the company and stock price. The iPhone 15 was OK, but not innovative or interesting enough for people to ditch the previous one and get a new phone.

Also investors really look at future growth, so when the main product they sell shows signs that the end of growth has been reached they are not happy.

In reality the only thing that has unlimited growth is cancer, I just like to add this...

[–] [email protected] 6 points 10 months ago (1 children)

On the contrary, it has one of the biggest possible changes: USB-C.

I suspect that causes some hesitancy among less tech-savvy users, or users with a lot of peripherals.

[–] [email protected] 5 points 10 months ago

I suspect most people simply don't care. "USB-C everything" exists in a tech bubble, outside of this bubble many don't even know what port their phone uses. Most of the time when I was asked for a charging cable and asked which one they needed, they either said "iPhone", "Samsung" or whatever or just showed me the port.

[–] [email protected] 14 points 10 months ago (1 children)

Maybe he failed to meet expectations?

It’s to my understanding that these shareholders expect constant growth to continue to increase the returns on their investment.

[–] [email protected] 26 points 10 months ago

“Your customers still trust you with their data and you haven’t even started selling it yet.”

-shareholders, probably

[–] [email protected] 0 points 10 months ago (1 children)

not despised, but i think the Apple Watch injunction really hurt them because it was around the holiday season. That, and the general consumer pretty much knew there wasn't anything new with the new iPhone that warranted an upgrade. Even my rich, boomer dad said he didn't see why it would be worth it to upgrade and he always gets the newest models.

[–] [email protected] 1 points 10 months ago

If they released one every 3 or 4 years, I’d buy them all, but they’re just such small bumps in tech that I end up just sticking to what I’ve got. I bought the 15 and did that Apple courier thing where they bring it to you like door dash. It was Black Friday and $9, so it seemed like a deal. The driver stole it. So, that rubbed me wrong and I’m gonna wait for the 16.