this post was submitted on 26 Oct 2023
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Apple jacks prices to juice profits because $19.3B a quarter isn't enough (www.theregister.com)
submitted 2 years ago by throws_lemy@lemmy.nz to c/technology@lemmy.world
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[–] PersonalDevKit@aussie.zone 82 points 2 years ago* (last edited 2 years ago)

The stock price will fall if we don't make more money then we did last year.

  • But why?

Because we are legally obliged to do what is best for shareholder, or they can sue us.

  • Right so the company needs to make more money again and again and again until the company or the world dies

About sums it up