TL;DR
Apple’s annual iPhone launches are a modern-day alchemy show, turning consumer desire into profit for shareholders. The cycle of upgrades creates an illusion of progress while leaving many financially strained and emotionally unfulfilled.
Story
Another Apple iPhone launch. Sounds familiar, right? But this time, let’s look past the marketing hype. Apple’s stock price, like many tech giants, has become a casino chip in the hands of gamblers. The yearly ‘revolutionary’ releases are part of a carefully orchestrated dance, designed to keep the cycle of upgrades going. It’s a beautiful machine that generates profit by making us feel inadequate with our current model. This isn’t unique to Apple; it’s the very heart of consumerism. Remember the dot-com bubble? The 2008 financial crisis? Each time, we chase the next big thing, ignoring the fact that these products are a means to an end: generating wealth for a select few. The ‘best phone ever’ narrative repeats every year, creating artificial scarcity and feeding a culture of planned obsolescence. Think about it: buying a new iPhone doesn’t add value to your life; it simply transfers your money into the pockets of shareholders. The human impact? Millions spend money they could use for actual needs, chasing fleeting satisfaction and falling into debt, all the while convinced that the new iPhone will make them happier. ‣ Planned Obsolescence: Making products intentionally short-lived to push more sales.
The lesson? Don’t be swayed by marketing hype. Don’t fall into the trap of ‘keeping up with the Joneses’. Question the real value of new gadgets before handing over your hard-earned money. We’re conditioned to chase the newest thing, but that chase often leads to unnecessary expense and emotional disappointment. Consider the true cost of these upgrades; remember Enron and the countless other crashes driven by inflated expectations and manipulated narratives. It’s not technology that is the problem but the manipulation of human desires.
Advice
Before buying any new tech, ask yourself if it truly adds value to your life or is it simply feeding the cycle of planned obsolescence?
Source
https://www.reddit.com/r/wallstreetbets/comments/1ncqf7p/aapl_apple_launches_iphone_11_again/