In that list of Apple products that you own, do none of them match the ops comment? You’re saying none of those products are or have been in their time in the market a perfected version of other things?
There are lots of failed products in nearly every company’s portfolio.
AirTags were mentioned elsewhere, but I can think of others too. Perfected might be too fuzzy & subjective a term though.
In some cities.
I happen to be from one of them.
Now I live in a far bigger city (Los Angeles) and the closest Microcenter is 2 hours away. Worse with traffic on a Tuesday afternoon. They’re only in a handful of states, sadly.
There are not many places that offer a reasonable selection of boards that are close. Fry’s was the last bastion for many folks. Best Buy sometimes has a few options. But today is a far cry from the days of Circuit City, Computer City, CompUSA, RadioShack… not to mention dozens of mom & pop stores. Online is the main way nowadays.
Uh…
So the argument here is that
anticipated future value == meaningful value today?
The whole cryptocurrency world requires evangelical buy-in. But there is no directly created functional value other than a historic record of transactions and hypothetical decentralization. It doesn’t directly create value.
It’s a store of it - again, assuming enough people continue to buy into the narrative so that it doesn’t dramatically deflate when you need to recover your assets. States and other investors are helping make stability happen to maintain it as a value store, but you require the story propagating to achieve those ends.
Usually subsidiaries’ debt is not also debt on the parent company, especially when said parent is publicly traded and subject to accounting/disclosure rules.
I’m wondering what the sample size is for this assessment. I know gen z people that don’t buy stuff on Amazon out of anxiety, let alone booking a 4 figure flight.
There are lots of failed products in nearly every company’s portfolio.
AirTags were mentioned elsewhere, but I can think of others too. Perfected might be too fuzzy & subjective a term though.