this post was submitted on 11 Jan 2024
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Microsoft Overtakes Apple as World's Most Valuable Company::Microsoft today overtook Apple as the world's most valuable public company by market value. Apple's share price dropped by just one percent,...

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[–] DingoBilly@lemmy.world 47 points 10 months ago (4 children)

It is pretty arbitrary as others have said.

But tbh, never understood why Apple is so highly valuable in the first place. Consumers are stupid.

[–] sturmblast@lemmy.world 16 points 10 months ago (1 children)

Apple is overvalued tremendously imo.

[–] MrSpArkle@lemmy.ca 3 points 10 months ago

iPod, iPhone, iPad, Apple Watch, AirPods, AirTags. None of those products were the first, just the first competent product that offers good usability in a sea of otherwise mediocre options.

As long as electronics makers keep sleeping at the wheel Apple will be able to capitalize on creating things people actually want to use.

The Vision Pro will be the next test. If it fails, and the follow up doesn’t sell, Apple will face a rude awakening and their stock value will drop. If they can’t succeed in the category after that, it will tank.

[–] Auli@lemmy.ca 6 points 10 months ago

Why is Tesla so valuable? They sell way less cars then the old boys.

[–] WeirdGoesPro@lemmy.dbzer0.com 5 points 10 months ago (1 children)

They do make some slick feeling hardware though.

[–] sturmblast@lemmy.world 1 points 10 months ago (2 children)

So do almost every other PC oem these days

[–] MrSpArkle@lemmy.ca 13 points 10 months ago* (last edited 10 months ago) (1 children)

Yeah but how do you wade through the fields of bullshit to find a decent PC laptop? PC manufacturers have like 200 SKUs.

Like I go to dell.com, what’s the best option? Inspiron? Precision? Latitude? Vostro? Which of those lines is “premium”? And each of those lines has like 4 models each. And that’s just one manufacturer.

But ultimately you buy one of those machines, bring it home, boot up windows and get served ads in the fucking start menu.

Meanwhile I bought the lamest laptop in Apple’s lineup for my daughter, and the thing is solid aluminum with a great display, huge trackpad, great battery and lightning fast processor.

[–] projectsquared@lemmy.world 1 points 10 months ago

And no pop-up add bs.

[–] asdfasdfasdf@lemmy.world 5 points 10 months ago* (last edited 10 months ago)

But then Windows sucks ass.

Also, every other OEM in the world makes hardware as good as Apple? No. Maybe some, but definitely not even most.

[–] Desistance@lemmy.world 3 points 10 months ago* (last edited 10 months ago) (1 children)

That they are. I'm sure you're going to get hit with the " it's my money, I do what I do want with it" deflection.

[–] Dalraz@lemmy.ca -1 points 10 months ago

A fool and his money are soon parted.

That said, apple does make great hardware and has/is pushing the industry forward.

But boy are they anti consume and competitive.

They even make fantastic hardware backdoor at some unknown price. Lol