People are too long on Apple - their revenue comes from increasingly fragile sources and in all likelihood their current businesses may not exist in 5 years. Tim Cook didn't skate where the puck was headed, and as a result he's operating a uniquely disadvantaged business in 2025. Their hardware margins are jeopardized by tariffs and their software revenue is mostly backstopped by an illegally monopolized App Store. In a realistic scenario where Apple is deprived of these advantages, no amount of lifestyle branding or privacy prestige can prevent them from being unprofitable.
Honestly totally agree with this take. Apple's in trouble and most people don't see it yet. Just look at Vision Pro - $3.5k for a headset nobody wants. I've read sales are basically non-existent now that the early adopters are done. They've completely missed the AI wave too. Selling iPhones won't save them if everything shifts to AI and they're playing catch-up. App Store monopoly getting challenged + tariffs eating their margins + no leadership in emerging tech = way more vulnerable than their market cap suggests.
Urine powered batteries. The chemistry is all wrong.
People are too long on Apple - their revenue comes from increasingly fragile sources and in all likelihood their current businesses may not exist in 5 years. Tim Cook didn't skate where the puck was headed, and as a result he's operating a uniquely disadvantaged business in 2025. Their hardware margins are jeopardized by tariffs and their software revenue is mostly backstopped by an illegally monopolized App Store. In a realistic scenario where Apple is deprived of these advantages, no amount of lifestyle branding or privacy prestige can prevent them from being unprofitable.
Honestly totally agree with this take. Apple's in trouble and most people don't see it yet. Just look at Vision Pro - $3.5k for a headset nobody wants. I've read sales are basically non-existent now that the early adopters are done. They've completely missed the AI wave too. Selling iPhones won't save them if everything shifts to AI and they're playing catch-up. App Store monopoly getting challenged + tariffs eating their margins + no leadership in emerging tech = way more vulnerable than their market cap suggests.