Originally published at: https://tidbits.com/2018/05/04/bloomberg-praises-apple-for-being-boring/
In a time when Silicon Valley’s ideas seem ever sillier and more outlandish, Bloomberg’s Leonid Bershidsky praises Tim Cook for running Apple like a traditional company.
It’s kind of amazing how Bloomberg can never get anything right. Apple is run nothing like a traditional company, and saying it is really exposes how uniformed Bloomberg is.
Warren Buffett turns out to have a quarter of his portfolio in Apple, lending credence to the idea that Apple isn’t a standard tech company.
Cool! Maybe this will help Apple beat Amazon to become the first trillion dollar company.
I just read this, which was maybe affected by Apple’s announcement about its growth in services revenue:
The big music labels are selling big chunks of their Spotify stakes
https://www.recode.net/2018/5/7/17326590/spotify-warner-sony-equity-sales