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by trisomy21
2841 days ago
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I was. And all that might even be relevant if you weren't comparing Tesla to Apple. The iPhone actually launched in 2007, the same year in which Apple generated over $24B in revenue and was sitting on $15B in cash at the end of the fiscal year. In 2008, they did $37B in revenue and ended the fiscal year sitting on about $25B in cash. The claim that Apple's financial challenges with launching a smartphone were "exponentially" greater than Tesla's, is laughable. |
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I'm not comparing Apple to Tesla. The parent article is. And I'm trying to point out how utterly silly the comparison is.
Quote the first paragraph:
> When Nokia people looked at the first iPhone, they saw a not-great phone with some cool features that they were going to build too, being produced at a small fraction of the volumes they were selling. They shrugged. “No 3G, and just look at the camera!”
> When many car company people look at a Tesla, they see a not-great car with some cool features that they’re going to build too, being produced at a small fraction of the volumes they’re selling. “Look at the fit and finish, and the panel gaps, and the tent!”
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This comparison is fundamentally insane, and shouldn't be the starting point of any serious discussion.