One lovely summer afternoon in the 1970s - back when dinosaurs still roamed the Earth - Bag was dragged to the local K-mart by his mother for an afternoon of shopping. As a child then, and still today, Bag would much rather spend an afternoon in a dental chair than wander aimlessly through aisle after aisle of crap designed to separate us from whatever cash we have managed to squirrel away. But I digress… As Bag was meandering through the household aisle, watching his mom weigh the merits of various laundry baskets, he was suddenly blessed to witness the power of psychology. There was a voice over the loudspeaker announcing:
I thought since Apple controls the application delivery and gets a chunk of each application sold on their platform, they do have some recurring revenue. Many applications are paid monthly and I think Apple gets a slice of that?
As for me, I'm a Verizon owner since $54. I bought it for the dividends and expected it to basically remain flat like it has been. But then Biden took office... Yes, generational lows - lots of stocks are at generational lows.
I'm hoping for a comeback. I think the recent little rally we had was because people are becoming believers that Republicans will take the house in November and stop the madness.
There is one big unaccounted for element in your assessment.
Tech is all about control. Apple besides Google has total say in who and how someone can operate on their platforms and is constantly reevaluating their requirements (making sure they stay in control). I don’t have the time to go into questions why MIcrosoft is not at this position (has to do with historic development on the OS market / POSIX etc.), why meta is not much more powerful than Airbnb - although they try to stay relieve at with their VR hardware - which is a very interesting strategy. Their oculus guest decides can run totally without the need to a phone), why Tesla is valued so high? Tesla in contrast to all other car manufacturers understand this reality, theh will try to keep the control and not let apple and Google just take over - VW/Porsche will give up - they allready have done so years ago. They will just become a certified gadget on apples and googles plattform (maybe with some long term assurances to seeeten the long term death sentence . Anyway it’s all about CONTROL! I personally would rate Tesla quiete high because it has the potential to challenge apple/Google (not that it will for various reasons - but that it could in a realistic way - no matter how massive the investment - gives it value. Look VW no matter the investment could never build a freaking phone ecosystem (which is not even hard considering the dozen phone manufacturers from China coming and going every year. They could also not built the software etc. Tesla could if it really wanted. Writing my 5cents here I realize that basically any company that can’t built a phone/AppStore/gadget devices (whole ecosystem) will be just a dependent gadget on apples and googles grace. I know there is more than the technical challenge - obvious - but we don’t even need to go so deep.
I thought since Apple controls the application delivery and gets a chunk of each application sold on their platform, they do have some recurring revenue. Many applications are paid monthly and I think Apple gets a slice of that?
As for me, I'm a Verizon owner since $54. I bought it for the dividends and expected it to basically remain flat like it has been. But then Biden took office... Yes, generational lows - lots of stocks are at generational lows.
I'm hoping for a comeback. I think the recent little rally we had was because people are becoming believers that Republicans will take the house in November and stop the madness.
Interesting. Then would you look at Options as an investment strategy that recognizes a FOMO frenzy and gets you on the right side of the aisle?
There is one big unaccounted for element in your assessment.
Tech is all about control. Apple besides Google has total say in who and how someone can operate on their platforms and is constantly reevaluating their requirements (making sure they stay in control). I don’t have the time to go into questions why MIcrosoft is not at this position (has to do with historic development on the OS market / POSIX etc.), why meta is not much more powerful than Airbnb - although they try to stay relieve at with their VR hardware - which is a very interesting strategy. Their oculus guest decides can run totally without the need to a phone), why Tesla is valued so high? Tesla in contrast to all other car manufacturers understand this reality, theh will try to keep the control and not let apple and Google just take over - VW/Porsche will give up - they allready have done so years ago. They will just become a certified gadget on apples and googles plattform (maybe with some long term assurances to seeeten the long term death sentence . Anyway it’s all about CONTROL! I personally would rate Tesla quiete high because it has the potential to challenge apple/Google (not that it will for various reasons - but that it could in a realistic way - no matter how massive the investment - gives it value. Look VW no matter the investment could never build a freaking phone ecosystem (which is not even hard considering the dozen phone manufacturers from China coming and going every year. They could also not built the software etc. Tesla could if it really wanted. Writing my 5cents here I realize that basically any company that can’t built a phone/AppStore/gadget devices (whole ecosystem) will be just a dependent gadget on apples and googles grace. I know there is more than the technical challenge - obvious - but we don’t even need to go so deep.