from May 2012
Adam Lashinsky, the senior editor at CNN Money wrote an in-depth article on Tim Cook and how he is changing Apple. Adam does a good job of giving us insight into Mr Cook. Tim is much more personal in his interactions than Steve was. But he is also more operational and focused on meeting with investors and keeping the company running as efficiently as possible.
When he was COO, it was Tim’s job to meet with the investors, since Steve had no interest in that part of the business. The rest of the article looks at how Mr Cook is changing Apple. As Mr Lashinsky points out, Tim has received a company with great momentum. So when will Tim really be tested as CEO?
What happened? What the [explicative] happened?!? Facebook was this decade's version of Microsoft, Apple and Google. Facebook was going to make everyone who invested in its stock a billionaire. It was the goose that only laid golden eggs. And now Facebook stock is dreaming of a day where its stock price is equal to or greater than its IPO launch price.
The problem that happened is reality. Someone once defined reality as something you really understand when you run into it. Reality is the real world and it can be devastating if you don't understand it before you run into it. Facebook's biggest problem is it has never had to be a business. Facebook is an idea with a lot of FREE users. But there has never been a strong business model around that idea. Facebook's funding (until now) has mostly been private investors who banked on a day when an IPO would happen and their investment returned a handsome reward. Again the problem with that dream was reality. In this case reality is the market, which takes profitability very seriously, and doesn't see profits like the investors did.
Google’s Android has become one of the best selling mobile operating systems. One of the reasons why so many hardware manufacturers use Android is because it is an open source project. Open source projects allows users, including hardware makers, to use the software for free.
Having a free operating system for mobile devices is great for the hardware makers, but it does not earn Google any money. Building and updating Android is not free and Google needs to earn money to keep improving and developing it. So how does Google make money with Android?
Episode 80: Quit Your Crunching: Listen as Mark, Karl and Werner crunch their way through another entertaining podcast. Topics: 20mm chips in 2014, iPhone 5 with 4 inch screens, New iOS mapping, iMacs and MacBook Pros get retina displays next round, Google's Chrome browser for iOS, Zune player should have been skipped, Tim Cook with Speaker Boehner, Nanny Computing and Unlimited Data plans. All this and much, much more in Episode 80: Quit Your Crunching!
Facebook is the dominant social media service today. It currently has about 750 million users worldwide. It took the top spot from MySpace many years ago. While MySpace is still a social media player with 100 million users, it no longer has the same influence on the industry.
Is Facebook too big to be replaced? History has shown that no tech company is too big to be replaced. There are many dark clouds on Facebook’s horizon. Can Facebook weather the storm or will a new social media player rise up to replace them like they did to MySpace.
Phillip Elmer-DeWitt of Fortune gave AAPL investors food for thought today, with his reasons as to why AAPL has been rotting to it's investment core. Apple's stock value has fallen nearly $96 billion since it's peak of $644 on April 9th. There will always be Wall Street power players able to flex their financial muscles pushing stocks one direction or another. But why is it that these brilliant financial investors sometimes talk as dumb as a box of rocks, spewing forth financial rhetoric that makes no sense? Something doesn't seem right.
Yesterday, DoubeLine's CEO, Jeffrey Gundlach, told a large group of investment managers he was shorting Apple. "I just wonder how many people will queue up around the block for an iPad 87." It's a dumb statement. In fact, it makes no sense at face value:
This photo of Tim Cook with Speaker Boehner was released a day or so ago and there has been much discussion around it. Many are talking about the Chinese dog on the table, the "mystery" man in the chair next to Tim Cook or even about what the discussion was between these powerhouses.
As HTML 5 continues to evolve, web developers are liking their new tools more and more. The question is whether the HTML 5 standard will ever be completed and browsers adjusted to tackle this brave new world.
Apple's next Mac OS X update, Mountain Lion, is just around the corner. However is this OS update worth the fuss or upgrade? We expect the price to be $29 USD, like it was for Snow Leopard and Lion. We also expect it will be easy to download and install via the Mac App Store. We also don't see any big technology changes (32bit to 64 bit, PowerPC to Intel, removal of Rosetta, etc), so compatibility with apps that run in Lion shouldn't be a big deal either.
Senator Tom Coburn was livid (and probably still is). He's angry at Apple Inc. and other big corporations that are using completely legal means to protect their hard earned profits from the United States government greedy "give me more!" claws – which has the highest corporate income tax in the world.
I have one thing to say to Senator Coburn and others like him. You've been in politics far too long. Get out, run a company and see how Washington is punishing and actually demonizing success like never before. Come 2013, when the accredited "Bush tax cuts" expire, companies will pull back even further, hiring less and laying off more, as taxes move north across the board. And if you've been paying attention, it's already happening.