Maybe he failed to meet expectations?
It’s to my understanding that these shareholders expect constant growth to continue to increase the returns on their investment.
LWD@lemm.ee 8 months ago
I wonder what caused this much of a dip. According to the EPI, CEO salaries in general correlates to the value of their respective companies, but I can’t point to anything bad Apple did outside of forgetting to license Apple Watch components. Nothing that would make it despised among consumers, anyway.
FloMo@lemmy.world 8 months ago
Fester@lemm.ee 8 months ago
“Your customers still trust you with their data and you haven’t even started selling it yet.”
-shareholders, probably
camelbeard@lemmy.world 8 months ago
About 50% of Apple revenue comes from iPhones. So if an iphone sells less then expected it’s a big impact on the company and stock price. The iPhone 15 was OK, but not innovative or interesting enough for people to ditch the previous one and get a new phone.
Also investors really look at future growth, so when the main product they sell shows signs that the end of growth has been reached they are not happy.
In reality the only thing that has unlimited growth is cancer, I just like to add this…
pennomi@lemmy.world 8 months ago
On the contrary, it has one of the biggest possible changes: USB-C.
I suspect that causes some hesitancy among less tech-savvy users, or users with a lot of peripherals.
narc0tic_bird@lemm.ee 8 months ago
I suspect most people simply don’t care. “USB-C everything” exists in a tech bubble, outside of this bubble many don’t even know what port their phone uses. Most of the time when I was asked for a charging cable and asked which one they needed, they either said “iPhone”, “Samsung” or whatever or just showed me the port.