This is why shorts on FAANG are so high.
Seeing GM, who has a gigantic infrastructure that is paid off being worth 60B, but Apple has... fans? Patents?
Tech if anything can be changed in years.
I believe in Amazon and Google due to the sheer use from consumers and business, but Apple is not like these.
They have a segregated population of non-business consumers using 1 product in an increasingly saturated and competitive market. I dont know if I'm allowed to say this on HN-
My (work) iphone has significantly less features than my pixel/android. Apple needs to innovate NOW.
Different people like different things. You liking things that aren't Apple is no stranger than me liking things that are Apple.
You can't seriously suggest that leaving Apple has no costs, that leaving a tightly integrated ecosystem that doesn't work well with anything else outside its walls is a low barrier to exit.
Today, I still use FB Messenger, Text (iMessage by accident, but I just think its Text), Gmail (+ Calendar), Spotify, Venmo, Dropbox, FB Events and a random suite of utility applications that exist on both platforms (Chess Clock, etc).
My Androids were more robust and in 7 years never broke. My iPhone has broken it's screen twice. It is harder for me to chrome cast onto my roommate's TV. My iPhone is less configurable. My iPhone cost more.
Next time I buy a phone, I will not have any lock-in, but I'll buy a used iPhone. No questions asked. I can't put my finger on why, but the experience with the iPhone has been that good.
Maybe you are just not the target market? Maybe getting a feature right counts more to Apple than implementing a dozen badly?
> [Apple] have a segregated population of non-business consumers using 1 product in an increasingly saturated and competitive market
In my family, 4 of 4 people use an iPhone. The next time someone upgrades, it will be an iPhone. Other vendors are not even considered. This is what Apple’s competition is up against. My family is in the Apple ecosystem and we like it there.
We have iPads, MacBook Pros, an iMac, are subscribed to Apple Music and pay for iCloud storage. It is an investment rather than an expense because of all the time Apple’s ecosystem saves us – and do I say it – all the joy it brings.
Yes, everything Apple offers may have open-source competition and I could set it up myself. Yes, I could root Android phones to wipe bloatware and stop Google from sniffing around. Yes, I could babysit Windows and be the family’s technician. Indeed, in my teenage years it was nice to tinker around with stuff for hours. But now I just want everything to work and get on with things. Apple’s the best choice for us. And apparently for many, many others, too.