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by boringg 12 days ago
Well I think those are different.

Most everyone outside of a core believer knew metaverse was a bad investment and total value destruction.

Im not sure that Apple's strategy will pay out -- they may avoid the heavy capex lift but if that strategy is successful they ill have missed the strategic upside. Thats the part the jury is out on.

They've taken a more deliberate approach which might be the winning one ... tbd. We should re-check this in 3-5 years to re-assess.