How much of it is artificial stock blowup?
I think it’s more that the ad driven revenue models are collapsing. Apple retained a traditional business model where they make products that they sell directly to customers.
Ah, I see. Thank you
Is that happening already? I hadn’t heard about it yet.
Both Google and Meta have been doing layoffs quietly and their revenue has dropped significantly. Alphabet lost 27% from previous year and Meta lost $650 billion in market value so far.
My old truck is now value at 1.7 Metas. So sure, makes sense.
Nothing strange with the prices that their products have
(Omg, almost €800 for 4 little wheels, similar to those on an office chair, for the Mac Pro)
Software is an ourbouros that ate itself. It’s fast growth because it scales well. But it’s also easy to copy. Hardware less so.
I wonder who people put all that money in the hands of a few people. It’s just about heavy drug
