Key Points:
- Apple opposed a right-to-repair bill in Oregon, despite previously supporting a weaker one in California.
- The key difference is Oregon’s restriction on “parts pairing,” which locks repairs to Apple or authorized shops.
- Apple argues this protects security and privacy, but critics say it creates a repair monopoly and e-waste.
- Apple claims their system eases repair and maintain data security, while Google doesn’t have such a requirement
- Apple refused suggestions to revise the bill
- Cybersecurity experts argue parts pairing is unnecessary for security and hinders sustainable repair.
Making less profit than previous periods of time or even operating at a loss is not illegal in the US. Many companies have periods where they lose money or sacrifice short term profits for long term growth.
Investors with enough control might boot the leadership out, but they can also do that for whatever reason including unrealistic expectations.
Hell, some of the highest valued tech companies right now have never turned a profit in their entire existence.
Suckling the teat of VC firms and investors works really well until the money dries up. After that, enshittification. Lots and lots of enshittification.
FFS sake, our CEO told the Board, for a couple of years, “We’re gonna lose money to invest in $X, $Y and $Z.” They applauded him. Out loud. Literal clapping.
(We accidently made profits for those years. Oops. But that’s beside the point.)