📒 “Don’t Open My Notes” — Apple Notes’ trust strategy. ExxonMobil’s climate shocker. Curse of the Michelin Star.
Nov 13, 2024
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Discover the secrets behind Apple Notes, a favorite of many, including Chappell Roan. Learn how ExxonMobil's climate strategy clashes with investor preferences. Dive into the paradox of Michelin stars, which can elevate a restaurant's prestige but also lead to downfall. And, ponder the intriguing legal debate on who keeps the engagement ring after a breakup, as sworn in by Massachusetts' Supreme Court. Tune in for a whirlwind of insightful discussions!
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Quick takeaways
Apple Notes leverages its widespread usability and trust to dominate the productivity app space, with around 700 million users valuing privacy.
ExxonMobil's plea for Trump to stay in the Paris Agreement reflects the tension between voter desire for change and investor preference for stability.
Deep dives
The Overlooked Power of Apple Notes
Apple Notes is a surprisingly dominant app in the productivity space, significantly outpacing its competition with around 700 million regular users due to its simplicity, usability, and trust. While apps like Notion and GoodNote offer more advanced features, Apple Notes remains pre-installed on 2.2 billion devices, ensuring vast reach and regular usage. Notably, many people engage with their Apple Notes app for various personal and professional tasks, treating it as an extension of their memory and creativity. This unique connection has made Apple Notes not just a functional tool but a 'trust leader' for users who value privacy and security, critical in today’s digital landscape.
ExxonMobil's Unexpected Climate Call
ExxonMobil's CEO recently made headlines by urging Donald Trump to remain in the Paris Climate Agreement, highlighting the paradox of an oil company advocating for reduced oil consumption. This request stems from a need for market stability; frequent policy changes can lead to financial uncertainty that investors resist. Historically, Trump's administration prioritized deregulation in the energy sector, complicating this relationship further. The dichotomy reveals a broader truth: while voters may seek change, investors crave consistency, prompting ExxonMobil to seek alignment with the climate agreement for better long-term business strategy.
The Double-Edged Nature of Michelin Stars
While earning a Michelin star can initially boost a restaurant's reputation and patronage, it can also inadvertently lead to financial difficulties, as higher visibility attracts increased costs from suppliers and landlords. Research indicates that establishments receiving a Michelin star are more likely to experience closure compared to non-starred peers due to the financial burden that accompanies their newfound status. For example, a case study noted a restaurant that saw its rent quadruple after earning critical acclaim, demonstrating how success can change operational parameters dramatically. This serves as a valuable lesson that achieving success requires maintaining the core principles that made a business thrive in the first place.