Comment by grandempire
Comment by grandempire 4 days ago
Should they be holding cash instead?
Comment by grandempire 4 days ago
Should they be holding cash instead?
Did you forget that apple also has an AR/VR product and doesn’t report that portion of their R&D separately so we don’t know how much it costs?
Cool so even if they burned through $45 billion as Meta did with VR, they still have $53.77 billion on hand as of December
So you just want Meta to carry more cash - the concern wasn't actually about metaverse?
Works for Apple. And other companies seem to be able to do R&D, even at a loss, without burning through billions.