Linked by Thom Holwerda on Mon 10th Sep 2012 14:51 UTC, submitted by MOS6510
Apple Written by Scott Cleland: "With so many fanboys spinning Silicon Valley history, it's sometimes easy to forget about the real chain of events that led to the ongoing Apple-Google thermonuclear war, how the romance turned to hate. This timeline presents an interesting case about why, despite patents and prior art, Steve Jobs had plenty of personal reasons to despise Schmidt, Page, and Brin." Cleland has a very, very good point; quite coherent and well-reasoned... That is, if you haven't got a single shred of historical sense and completely and utterly ignore the 30-odd years of mobile computing development that preceded our current crop of smartphones. It's hard not to be reminded of how certain groups of people dismiss millions of years of fossil records because this record inconveniences their argument. In any case, a comment on the article answered the question properly: "Jobs was a businessman. He was angry he was losing money. Simple."
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RE[5]: Losing money?
by TM99 on Wed 12th Sep 2012 02:40 UTC in reply to "RE[4]: Losing money? "
TM99
Member since:
2012-08-26

I address the undervaluation in my previous to the post you are quoting part of. By 2013, they will reach ~1000. After that the bubble will burst, and yes, it is a bubble.

I never said they would definitively disappear in 10 years. That is actually a part of another poster's quote tacked on to mine. But it is possible that if they have bet too strongly on a single market and their stock bubble burst, which it will by 2014 at the earliest, then they could end up like other tech corporations that were tops and then went bankrupt.

If things go a different route, then yes, Apple could and would end up being like Microsoft. Check out MSFT's parabolic rise, then drop-off, and finally their flat but stable stock price for the last 7+ years. Either way, Apple is not destined to maintain this 'high' either creatively, financially, or psychologically with its 'customers'.

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