this post was submitted on 26 Mar 2024
436 points (88.8% liked)

Technology

59575 readers
3195 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] frezik@midwest.social 14 points 8 months ago (1 children)

APPL is second only to MSFT by market cap. So far, the stock market doesn't care.

[–] TranscendentalEmpire@lemm.ee 11 points 8 months ago (1 children)

Yeah, but investors really don't care about the price of a stock, they care about how much the price moves once they own it.

It's the inherent problem with publicly owned companies. Even if you perfected a mode of profit, unless you improve upon perfection next quarter you're in hot shit.

You can only squeeze so much profit out of any one gimmick, after that the only way to mimic growth is by cutting labour costs, and eventually diverting investment funding into profit for shareholders.

[–] frezik@midwest.social 8 points 8 months ago

Not necessarily. Investors also care about dividends. Those tend to be the people who hold on long term. Blue chips, as a class of stock, are all about companies that don't make big moves in price and pay out in dividends. They're older companies that have built their product line, and while they still do R&D on new ones, they only do that to make sure they don't get left behind.