Comment by scotty79
> without burning 10 years of cash flow.
Wasn't Apple sitting on a pile of cash and having no good ideas what to spend it on?
> without burning 10 years of cash flow.
Wasn't Apple sitting on a pile of cash and having no good ideas what to spend it on?
Perhaps spending it on inference that will be obsoleted in 6 months by the next model is not a good idea either.
Edit: especially given that Apple doesn’t do b2b so all the spend would be just to make consumer products
The cash pile is gone, they have been active in share repurchase.
They still generate about ~$100 billion in free cash per year, that is plowed into the buybacks.
They could spend more cash than every other industry competitor. It's ludicrous to say that they would have to burn 10 years of cash flow on trivial (relative) investment in model development and training. That statement reflects a poor understanding of Apple's cash flow.
That doesn't make lighting it on fire a great option.