GeekyDad / Member

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Who needs food so long as there are apps? (Apple sees $60 billion in losses)

Wow. Never really knew they had $60 billion to lose. Leaving them at a mere $423 billion according to the Huffington Post, they're still the top company in the U.S., with ExxonMobil a close second.

Again, wow...

But what's so awe-inspiring (and alarming) about such a realization is that it's all in the name of entertainment.

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Not food, not fuel, not clothes or any other number of necessities humans need to survive. And ironically, most iDevice users probably spend the least amount of their time with their devices for phone usage or necessary functions. Let's tell it like it is: they're mobile-entertainment devices -- distractions on the grandest scale our species has probably ever known.

Anyway, the company took a big hit, evidently, in the stock market, but it's still a Goliath. Obviously, I love gaming, otherwise I wouldn't be here on Gamespot, and heck, I have spent more time gaming on my iPhone in the last year and half than any other system I currently own. But it sure is telling to see figures like that. We might need to re-examine our priorities as a global community.