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Apple is now banned from selling its latest Apple Watches in the US
(www.theverge.com)
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this post was submitted on 26 Dec 2023
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If I were an investor I would be much more lenient with the excuse that the market is saturated than the excuse that we're too incompetent to even maintain a presence in the market.
Investors are not fans. They're not going to take the nice sounding option, just because it's the nice option. They will demand competence at the top and they won't pussy foot around the issue. Especially with the amount of money the CEO is paid.
If he's getting 100 bazillion dollars a year he better damn well do something for it and one of those things is not getting the company involved in a stupid lawsuit which has prevented sales of a highly profitable product in a highly lucrative market, when making it go away would have cost about 1/1000 of 1% of the Apple's net income.