• PersonalDevKit@aussie.zone
      link
      fedilink
      English
      arrow-up
      0
      ·
      edit-2
      8 months ago

      The stock price will fall if we don’t make more money then we did last year.

      • But why?

      Because we are legally obliged to do what is best for shareholder, or they can sue us.

      • Right so the company needs to make more money again and again and again until the company or the world dies

      About sums it up

      • Immersive_Matthew@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        0
        arrow-down
        1
        ·
        8 months ago

        Accurate. The laws need to find a balance as I get shareholders who took a risk on business would like to see a return, but it is way too slanted to the point that the risk is on our entire society. We need people to be in those laws not just shareholders.

  • squirrelwithnut@lemmy.world
    link
    fedilink
    English
    arrow-up
    0
    ·
    8 months ago

    I had to read the title several times before I understood that the article isn’t about Apple Jacks, the cereal.

    • rsuri@lemmy.world
      link
      fedilink
      English
      arrow-up
      0
      arrow-down
      1
      ·
      8 months ago

      And what are prices-to-juice profits? Like how much they make per balanced breakfast?

  • rebul@kbin.social
    link
    fedilink
    arrow-up
    0
    arrow-down
    1
    ·
    8 months ago

    Private company, they can do whatever they like. Also, I can purchase phones from whomever I like. This is a non-story.