> Apple got rich on the iPhone, and Tim Cook is using the windfall to push the company into a very different place from the one in which it was when Steve Jobs died. I'm afraid that Tim is in the process of burning through all that cash pursuing a tawdry and unimaginative vision of pop-culture power - Sony on steroids, maybe - but I'm probably wrong.
I would agree with your assessment that you're probably wrong.
Apple's net cash at the end of the 3rd quarter of 2015 (total cash minus total debt) was roughly $149 BILLION. That was up $28 BILLION during the previous 11 quarters. And that isn't even all of the Tim Cook era.
> Anyway, the memory of the glory years, when the genuine enthusiasm of a small group of nerds was the driving force behind a small, cool company, are a nice memory.
That was 1976-1981, roughly.
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Jim Saklad mailto:jimdoc@icloud.com
Posted by: Jim Saklad <jimdoc@icloud.com>
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