Peter Thiel says 'age of Apple' at its end

>We know what a smartphone looks like and does. It's not the fault of Tim Cook, but it's not an area where there will be any more innovation

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SEVEN HUNDRED FIFTY BILLION DOLLARS


Let that sink in for a while.

They're worth $750 BILLION BUCKAROOS

They can buy anything.

And you think they're done?

LMAO

Nokia showed that even the richest, smartest companies with their own OS can do dumb things.

Nokia wasn't even close dude.

iTODDLERS ETERNALLY BLOWN THE FUCK OUT

Apple has so much capitol they could completely switch industries and still have a very high chance of being successful.
If apple stopped selling electronics tomorrow and focused entirely on making cars, they could be unprofitable for a dozen years before they would have to turn it around or face bankruptcy

who?

A lot of that money is imaginary. It's 'worth' that much because investors think it is. If they suddenly completely switch industries they will probably lose a lot of their value.

oh Peter Thiel? he's a nobody just a guy who invented paypal, and made facebook a thing

market capitalization isn't the amount of money they can spend. their calculated worth may be 750 billion dollars, but if they tried to turn as much of that calculated value as possible into cash they'd end up with a lot less.

You have no idea how bonds work.

Stay in school, kiddo.

You are right that the stock value is "imaginary"
But the special thing about apple is that they are also hoarding ~$250billion in cash
Which is exceptionally and hasn't been the case before with any other company

>implying a man who likes dick up his ass has anything important to say

But who would give a shit about them anymore? Would you buy a Ford television if they all of a sudden decided to get into that industry?

Is that why Apple suddenly remembered they are still producing Macs?

And with about every government breathing down their necks over $250B in dodged taxes. Apple's profitability has never been on any special supply chain bullshit or otherwise, it's based on ripping off everyone in every country by taking advantage of a country's resources and then not paying their share. WHEN, not if, but WHEN governments finally close Apple's loopholes and hit them with back tax fines, Apple literally will be bankrupt and finished.

>a book somewhere says it so it must be true
Here lemme just ruin the USD real quick

>hit them with back tax fines
Get a load of this retard.

Spend 5% of that cash pile in lobbying around the world and Apple is untouchable

you genuinely are a fucking retard, a really fucking dumb shitstain of a human.

>please cuck me harder
>APEL IS GOIN TO KUCK ME SO HARD!! DEYS UNTUCHABLE

Mactoddlers are literally cucks. And you wonder why people laugh at you retards.

can't refute my post can you :^))))))

No, I can't refute the fact that you're a cuck. You've proven that beyond a shadow of a doubt.

the discussion so far had absolutely nothing to do with bonds. care to elaborate?

Actually, it's closer to $120B in dodged taxes worldwide, but Apple is also $100B in debt because they needed the cash to keep operations running since they stashed all their cash overseas and can't use it without taking a massive tax hit.

Apple are literally history's biggest bubble waiting to pop.

Nokia had 100% of the smartphone market share once.

>Nokia had 100% of the smartphone market share once.
We're talking about VALUE and MARKET CAP you retard. Apple has 20-25% share of smartphones.

Apple should get into the aesthetic gaming market, it's the realistic next step.

They already have a solid share of the smartphone market, productivity laptops, and they have a whole ton of proprietary hardware, so why not gaming?

There are plenty of millionaires out there that would shell out $5000 for a Mac that's running an i7 and a couple 1080ti's in a stable OS

The smartphone market was much smaller back then.

>We're talking about VALUE and MARKET CAP you retard.

This shit is meaningless when it comes to the sustainability of a business. Apple stock is a bubble being pumped by buybacks.

>Apple stock is a bubble being pumped by buybacks.
This.

All signs point to desperation. Especially the most recent mac pro announcement.

>>Apple stock is a bubble being pumped by buybacks.
As is Microsoft's.
Your point being?
Many companies having embarrassing levels of on-hand cash try to return it to their stockholders with buy-backs. This also removes shares from the hands of speculators who try to game the share price.

can't refute my post can you :^))))))

>17 PE
>bubble

Pick one.

>making cars

That's not their move. Their move is getting into the car OS industry. Imagine having the OS on that fucking touch screen in your shitty car not look and feel like it was made 10 years ago, and imagine if it actually worked well with your devices instead of failing to sync half the time. Imagine if your car knew you had an appointment because it was in your calendar and started its navigation system with that appointment's location as the destination as soon as you sat in the car. This OS also doesn't disappear with self-driving cars, you'll still have places to go and the car will have an OS to sync with.

Every car manufacturer would jump at it. They've already poached a whole lot of QNX devs who didn't want to put up with Blackberry's bullshit any more. It's probably already happening.

>car OS industry

youtube.com/watch?v=jeESbGPl_Dw