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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.


We're talking about Apple Intelligence here and its ... "precursor" ... Siri.

Both of which have been absolutely underwhelming if not outright laughable in certain ways.

Apple has done plenty right. These two, which are the closest to the article, are not it.


How many generations are we even into cars?

Maybe 4ish? Most kids alive but not yet driving are likely to own only hybrid ma or electrics.

Seems like a relatively short term problem overall.


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.


I can’t think of a major city I’ve been to on earth where 10M from a hung cable is realistic outside of some suburbs and rural areas.


    > I can’t think of a major city I’ve been to on earth
Does Manhattan count? I am pretty sure south of 96th street has no above ground utilities.


Not even deceptive. This is relatively normal business practice.

It’s easier to think of this as “project risk” as opposed to corporate risk overall.

This isn’t different than creating a subsidiary to embark on a new program, with its own debts and assets, collateralized by a parent company.

It’s effectively the same as what happens every time a major movie studio starts a new film project.


Usually subsidiaries’ debt is not also debt on the parent company, especially when said parent is publicly traded and subject to accounting/disclosure rules.


Old-ish data, but US Census states that 81% of American households have at least one laptop or desktop. Tablets at 61%.

https://www.census.gov/newsroom/press-releases/2024/computer...


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.

Let’s not forget that a plurality exists.


This is cool. Love little tangential info bombs like this. Thanks.


Cool but Sircles isn't a biotech company. It's a social network. They arn't "trying to make atomic fusion a reality" either.


Oh, definitely. I was just nerding out about finance.

Yes, Sircles is probably pretty dodgy.


That is cool! Sorry for nerding out just then.


Many have tried and hit the very same obstacles you mention. Quite the quagmire.


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