>don't believe this will impact AAPL's price though. Shareholders and ad sellers are the only "customers"/"users"
This is completely wrong. Apple makes very little of its revenue from advertising. Their cash cow customers are iPhone users.
This is completely wrong. Apple makes very little of its revenue from advertising. Their cash cow customers are iPhone users.
Shareholders are owners and shareholders want money. The way to get money is from customers. You don’t make money from shareholders unless you’re running a Ponzi scheme.
Customer is a recipient of goods provided by seller or vendor in exchange for money or other valuables. User of free service is not a customer by that definition. Unless you would openly treat privacy as currency.
Investor who gave a company money is - in my view - a paying customer. They give a business some cash, expecting more in return. It is not paying for service but it is still paying and expecting something in return. A publicly traded company is a product itself and investor is buying that product.