Apple has always been lifestyle and fashion firm. Good and bad?
RE: Invisible social incentives may encourage customer loyalty over time.
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Invisible social incentives may encourage customer loyalty over time.
I can answer that best when I hold shares in Apple. I don't currently hold shares.
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you do not need to hold shares in a company in order based upon available information to assess it under certain criteria, the same way you do not need law school diploma to comment law, or security clearance to distinguish democracy from tyranny.
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You do if you want your assessment to be useful and appropriate. I cannot pretend to care about the fate of a company I have no stake in and then say my comments make sense. Just like I can give completely worthless legal opinions which amount to nothing more than "I like ice cream" and "I like the color blue" and who cares what I like?
The law cannot be interpreted easily without a legal degree which is why lawyers get paid such good money. I have an easier time making sense of medicine than I do law to be honest. I can interpret medical journals to a certain extent but law is like a totally different language to me.
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When I'm discussing laws it's the equivalent of me telling the world how a certain law "tastes" to my mind. The taste of a law is so personal, so subjective, that what I think a certain law tastes like wouldn't be what another person thinks it tastes like.
To some other person the new law could be like their favorite food while to me it could be the most disgusting tasting smelling thing I've seen.
And neither of us who merely can express how the law tastes has any understanding of what the ingredients are or anything other than how it tastes to our limited sensory understanding.
The same can be said of music. A person who doesn't know much about music might think some pop song sounds good. A person who is classically trained might prefer some Jazz or something more sophisticated.
We don't ask a common person to read music notation to compare songs. We simply let them listen to it and tell us what they enjoy more. The laws are experienced by us non lawyers in the same way we experience a good or bad song. We don't know how to make a song, and most of us can't read music notation, but we know if it sounds good to our ears or not.
The "sounds good" is sentiment. Everyone has an opinion about anything (sentiment). Laws can be ranked by popularity (sentiment). This doesn't mean the people feeling or thinking a certain way about a certain law even know what the law does or what it means. We simply live through it.
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So yeah, I don't need a law diploma to tell you if a law is pretty or ugly to me. Do lawyers care if I think a law is pretty or ugly? They just want me to follow the law regardless (which I do).
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I said that to say, your perspective on goodness and badness is influenced by your position. If you're a big stakeholder in Apple then you are positioned to be positively or negatively influenced by the current perception of the company. The share price might go up or down based on this.
A "good" company in a quantitative sense is a company which produces profit for it's shareholders. In a qualitative sense it is a company which makes the world "better". Better is a value judgement which is subjective and at best determined as a sort of consensus.
Someone could be moral to their community if they think Apple isn't making the world better but Huawei is. They could receive all the praise, the social rewards, the prestige, from supporting Huawei instead of Apple. So how can someone like myself who has no economic stake in Apple (I don't hold shares), and no understanding of how my community feels or thinks about Apple, hope to answer the question? I cannot.
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I think that good-bad taxonomy of companies or other collectives is ... baby talk.
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In the brain of a person, any average person is going to have some subconscious internal scoring system. Mess up enough and you get put on the "bad" side of their mind. That simply means their internal score or reviewing system puts you as bad.
Sentiment is everything in business. A business can sell products easier if perception of the business is good.
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Like in Godfather? Repeating 100 times ''nothing personal it is all business'' and at the end ''in business everything is personal''?
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Personal means to be focused on the persons and not on what the business is doing. Business is about supply and demand. A service or product is in demand and a business supplies what is in demand. Personal is bad for business if it interferes with supplying the demand.
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Is demand constant? Business is for-persons. Are they incentivised to supply or to be supplied?
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I don't understand your reference.
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How supply-demand are related? increase supply from zero to something, how it affects demand?
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Humans are more like babies than robots. Mathematically speaking if you are trying to be precise about it then taxonomy of companies should be by score with ranges from the good to the bad range. The credit scoring systems are this way and are used to rate companies now.
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