Chamath argues Apple has too much cash with no ideas, lacks the M&A muscle to deploy it, and missed category-defining opportunities like the car — pointing to Buffett quietly selling $20B of shares as a telling signal.
It's an incredible business that has so much money with nothing to do. They're probably just going to buy back the stock. Just a total waste.” ⚑
Sacks argues Apple has run out of in-house innovation — exemplified by the iPad merely getting thinner — and with an inability to execute meaningful M&A, its growth options are structurally limited.
Well, if you're running out of in-house innovation and you can't do M&A, then your options are kind of limited. I mean, I do think that the fact that the big news out of Apple is the iPad's getting thinner does represent kind of the end of” ⚑