You can’t compare Apple to any other company. Apple is the only successful consumer hardware company (with Samsung being a distant second). They can afford to sit out the AI arms race.
You can’t be a software company without an AI story to tell.
You can’t be a software company without an AI story to tell.
I don’t think it’s reasonable to restrict “successful” to iPhone-level unit sales and Apple profit margins.
But Dell’s profits cratered so bad that they took the company private and profits are still nothingburgers.
Sony just sold off controlling interest of its TV division.
https://timesofindia.indiatimes.com/technology/tech-news/son...
Have you checked the profits of the other PC sellers?
A quick Google search shows that LG profits were $2.4 billion dollar (converted) and down its last fiscal year.
Every single low margin PC company that exists now like Dell, HP etc were much more profitable than an almost bankrupt Apple in 1997. They had no vision and decided to compete on price. It doesn’t matter why they are barely profitable low margin businesses.
Seeing there revenue vs profits, they should take Michael Dell’s (bad) advice to Jobs when he came back - “shut the company down and give the money back to shareholders” who could make more money in treasury bonds.