Why do we still hold Apple as a company in high regard when they remain incredibly inert, bowing to investor pressure to add generative AI features they are ill-equipped to handle as an institution, while prioritizing stock buybacks and dividends over innovating new products or developing a car or actually making a VR headset the market wants?
Last year they released AirPods Max 2, a 4 year old headphone at the time, with the only change being new colors and USB-c and the same price tag. If that’s not the perfect picture of Apple under Tim Cook.
It's so weird that some people see stock buybacks and dividends as a negative. I never understood that. In the long run, the most highly regarded companies prioritize shareholder returns. The idea that they should waste money on developing a car seems crazy.
> Why do we still hold Apple as a company in high regard […]
There is no "we". There's just a market (of products and of company shares) in which anyone can put their money where their preferences are and express their opinion.
Last year they released AirPods Max 2, a 4 year old headphone at the time, with the only change being new colors and USB-c and the same price tag. If that’s not the perfect picture of Apple under Tim Cook.