Thread regarding Verizon Communications Inc. layoffs

With 1 Sentence Apple Reminded Everyone Why It's the Most Valuable Company on Earth

Leadership matters.
Bad leadership decisions = bad results for everyone.
Employees pay the price for weak leadership.
Leaders still make their millions and we lose our jobs.

Vz should not be in the financial mess we are in.

From Inc magazine August 1st:
https://www.inc.com/jason-aten/with-1-sentence-apple-reminded-everyone-why-its-most-valuable-company-on-earth.html

But, it isn't the cool products that made Apple the most valuable company on earth. In reality, it's something much more boring.

"Our June quarter results continued to demonstrate our ability to manage our business effectively despite the challenging operating environment," said Luca Maestri, Apple's CFO, on the company's third-quarter earnings call.

First of all, in CFO-speak, that's about as brutal a takedown of every other tech company as you're ever going to hear. Basically, Maestri is saying "we're facing the same challenges as everyone else, we're just better at managing our business."

To be fair, he has a point, and that single sentence sums it up perfectly. Apple's strongest asset--the thing that makes it so valuable--isn't its products alone. It is Apple's ability to manage its operations.

by
| 1501 views | | 1 reply (August 5, 2022) | Reply
Post ID: @OP+1i4Jd93b

1 reply

Apple is Jim Collins' Good to Great type of company

by
| | Reply
Post ID: @shq+1i4Jd93b

Post a reply

: