all 4 comments

[–]crypt 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 3 fun -  (3 children)


[–]Tom_Bombadil 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

A cryptic message.

[–]crypt 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

The thought process:

If your company purposely cripples your product to make loyal customers buy new products of yours, your company deserves to fail and fail hard.

[–]Tom_Bombadil 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Could be. Unfortunately, people have made the iphone a part of their identity. It's fairly difficult to part with your identity, or objectively criticise it, but it's possible.

Could also be the Chinese nationalistic backlash from arresting the Huawei exec. I saw something about that in the link, but i'm not sure.

Could also be that wise investors recognize that the valuation of most publicly traded companies is overinflated, and they're "selling high" in terms of investment strategy.

Could be that AI high speed trading had sequential glitches. No one really understand how this crazy AI actually works.

It's interesting that other industry related stocks haven't been similarly impacted.