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vansmith

 
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Member Since: Oct 19, 2008
Location: Toronto
Posts: 17,827
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Mac Specs: 2012 13" MBP (2.5 i5, 8GB)

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Quote:
Originally Posted by RavingMac View Post
If profit was the sole goal of Apple Corp [...] it wouldn't be the marvelous profit engine it is.
That's not how business works though . Businesses are profitable because they want to be so, not as the consequence of decisions that are made exclusive of choices designed to increase profit.

Quote:
Originally Posted by RavingMac View Post
Apple succeeds so wonderfully at making money because it was founded by, and continues to be staffed by, people whose only interest in life isn't money.
Some people might be invested (excuse the word choice) in the company for non-financial reasons but the company is designed around the growth of revenue. If it wasn't, the profit margin wouldn't be considerably larger than other consumer electronic companies. For reference: Apple's profit margin is 21.28%, Samsung's is 13.32%, Sony's is 1.38% and HP's is 4.73% (to name a few). The company is run by people who, at the end of the day, do what they do as business people to make money. Are they driven by some passion? Sure but their role as executives at a business subordinate passion to profit (otherwise, Apple wouldn't be successful).

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