Tim Cook told people they should sell their shares if they wanted Apple to abandon environmental sustainability policies. And he identified accessibility as a similar issue.[1]
Yes, the point I was trying to make is that companies can get away with not being maximally profitable. There's nothing legally stopping Apple from accepting a slightly lower profit margin on the 5% of sales volume that might go to smaller iPhones if they would offer them. But it might brighten the day for millions of customers.
Tim Cook told people they should sell their shares if they wanted Apple to abandon environmental sustainability policies. And he identified accessibility as a similar issue.[1]
[1] https://www.macobserver.com/news/tim-cook-rejects-ncppr-poli...
That's why Tesla stock tanked as soon as the FT wrote that "$1.4bn appears to have gone astray." ;)
https://www.ft.com/content/62df8d8d-31f2-445e-bfa2-c171ac43d...
What's Tesla's forward PE? Close to 200? I don't think we can use them as an example of anything resembling a sane market.
Edit: Found a link to the article content, I gather that's basically the point you're making?
Yes, the point I was trying to make is that companies can get away with not being maximally profitable. There's nothing legally stopping Apple from accepting a slightly lower profit margin on the 5% of sales volume that might go to smaller iPhones if they would offer them. But it might brighten the day for millions of customers.
> What's Tesla's forward PE? Close to 200?
Nope, close to 300 actually…
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