A picture’s worth a thousand words. Goes to show that even investors care more about cool new products than big dividends.
For a long time, hedge funds roped themselves to Apple and rode its remarkable rise higher. It was almost like they had to own it. The stock had such a large weight in stock market indexes, the so-called smart money risked severe under-performance by opting not to own the electronics giant. But as Apple’s shares have stalled, so has hedge fund enthusiasm for them.
The stock has been a terrible under-performer this year, down more than 18%, even as the broader S&P 500 stock market index is having something like a career year, rising nearly 16% so far. Meanwhile, Google’s up roughly 28% year-to-date, with shares recently hopping to more than $900.
I love looking at new UI/UX design concepts for existing products, and this one is no different. There’s something really satisfying about manipulating pixels the same way you manipulate analog materials like paper. I hope at least some of these concepts make it into iOS 7.
The pressure’s really on Jony Ive to deliver something great. I’m optimistic that it’s in good hands.
I think it goes without saying that I think this is a good call.
I have to admit that I agree with the cacophony of criticism about Apple’s latest round of TV ads. In fact, I almost had an allergic reaction to them when I first saw them air during the Olympics opening ceremony on Friday.
They looked and felt like ads that my former employer, Microsoft, used to release in attempt to position themselves as being relevant.
So many issues abound:
When I was with Microsoft, I saw vapid creative like this get created and published all the time. It wasn’t because people at Microsoft didn’t know what they were doing. There were and there continue to be a lot of extremely talented people at Microsoft.
Collateral like this happens when there is no creative vision coming down from senior leaders. When leaders delegate the vision downward, middle managers end up having to make the final call, but in almost all cases they don’t have the power to do so alone. So, they go about securing buy-off from multiple teams, and the result was leadership by committee. Not exactly the Apple way.
There’s been much said about whether Tim Cook can steer the great ship that is Apple into another decade of innovation. While he may still be getting his sea legs, this ad along with other marketing blunders over the past few months make it clear that this is no longer Steve Jobs’ Apple, for better or for worse.
Apple has updated their “Remembering Steve” page with a scrolling feed of notes from customers around the world expressing their condolences.
Apple’s done an incredibly tasteful job of providing an engaging way to allow customers around the world to engage with them on Steve’s tragic passing. This event has become an opportunity for Apple users to affirm their affinity for the products and the man behind them. Though no one can doubt how genuine this effort is, one can’t ignore the fact that there is real business value being driven here.
Even though I’ve never met Steve, I think he would be proud of the way this is being handled. Apple isn’t trying to do anything other than honor the memory of their founder, one of the greatest innovators in history. And by not trying to do do anything else, they’re doing everything else.
RIP, Steve.
This seems just a little unlikely to happen:
Samsung Electronics Co. said on Thursday that it expanded its legal tussle with Apple Inc. by filing a complaint with the International Trade Commission seeking to stop the sale of key Apple products in the U.S.
Brilliant.
Great, great stuff.
Three things:
1) Early on, his talk about Apple spreading their great engineers too thin, having the company trying to do too much, sounds a lot like Google today.
2) He essentially spells out iCloud — 14 years ago.
3) “If somebody would just make a little thing where you’re connected to the net at all times and you got a little keyboard like an eMate with a modem in it. My god, I’d love to buy one.”
RIM has obviously seen better days. It’s a shame that their leadership team wasn’t able to capitalize on the strong consumer brand momentum they had only a few years ago.
According to the company’s results, net income for the quarter was $695 million, or $1.33 per share diluted, compared with net income of $934 million, or $1.78 per share diluted, in the prior quarter and net income of $769 million, or $1.38 per share diluted, in the same quarter last year.
I only hope the company is focused on some kind of shakeup/buyout to stop the bleeding and salvage what’s left of the Blackberry name before it’s too late. There’s too much equity there to have it be run out of business by iOS and Android.
Here’s an interesting bit of reporting - Facebook is allegedly working on a secret plan to unseat Apple’s stranglehold over iOS app distribution:
Facebook will never admit this, but those familiar with the project believe the intention is very clear: to use Apple’s own devices against them to break the stranglehold they have on mobile app distribution. With nearly 700 million users, Facebook is certainly in the position to challenge the almighty App Store distribution mechanism. But they need to be able to do so on Apple’s devices which make up a key chunk of the market.
An interesting thought, but it seems like this is less about challenging Apple and more about challenging Flash, which is something I’m personally pretty excited to hear:
Speaking of Zynga, it has been known for some time that Facebook was placing a huge emphasis on making it easier for game developers to build with HTML5 as opposed to Flash (like Zynga and others currently do). The culmination of this will be Project Spartan.
It makes sense that Facebook would have a project in the works to better optimize the full functionality of the site for HTML5 so that it’s naturally more compatible across platforms. It means developers can spend less time building native apps for specific device platforms and more time building new functionality for users.
That said, I’m a big believer that web-connected native apps will continue to be a superior alternative to web apps in the cloud, especially when it comes to mobile platforms like phones and tablets. Facebook’s native iPhone app is currently one of the best ways you can experience Facebook on any platform. Hopefully Project Spartan is intended to be a complement to, rather than a replacement for, Facebook’s mobile app offerings.
Here’s a quick comparison of iPad’s thumb keyboard vs. Windows 8’s thumb keyboard. Spot the difference?
There’s been a lot of debate over which side of they keyboard the “B” key should go and while the jury is still out, I tend to use my right hand to type “B,” so I guess that means I’d feel more comfortable with the iPad keyboard. Of course, who knows which hand I’d use when typing with thumbs only.
I have a feeling this may soon become akin to the PC vs. Mac debate over 1 mouse button vs. 2.