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iPhone revenue fell for a second consecutive quarter
<https://www.wsj.com/tech/apple-aapl-q3-earnings-report-2024-5e3eb3ae>
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Apple chip design was incompetent at GPUs, and now they're failing at
5G and falling two generations behind already, in AI - but oh those
colors!
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There's only so much brilliant marketing can do for a company that
spends the least in R&D per revenue than any other company on the
planet.
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Even far smaller companies in the smartphone industry spend more in
R&D in total dollars than Apple - but where Apple is the worst in the
entire world is its dismal R&D spend based on revenue.
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There's a reason Apple is always five to ten years behind in
technology. Specifically, Apple's failed R&D effort in AI & in
integrated 5G modems.
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