Linked by David Adams on Wed 6th Oct 2010 16:51 UTC
Apple Let me tell you, when what you teach and develop every day has the title "Innovation" attached to it, you reach a point where you tire of hearing about Apple. Without question, nearly everyone believes the equation Apple = Innovation is a fundamental truth--akin to the second law of thermodynamics, Boyle's Law, or Moore's Law. But ask these same people if they understand exactly how Apple comes up with their ideas and what approach the company uses to develop blockbuster products--whether it is a fluky phenomenon or based on a repeatable set of governing principles--and you mostly get a dumbfounded stare. This response is what frustrates me most, because people worship what they don't understand.
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Priest
Member since:
2006-05-12

If you have money in a stock the opinion of the value of that stock is directly tied to if you gain or lose money, more so than even the performance of the company.

Reply Parent Score: 2

siraf72 Member since:
2006-02-22

Whilst that statement is absolutely correct, it doesn't change the fact that Wall St. analysts didn't have Jack Bauer to say about the world economy going down the pan until it was too late.

Yes, their opinion matters. Despite the fact that its rarely more than educated (highly paid) guesswork.

Reply Parent Score: 1