Linked by Thom Holwerda on Mon 17th Oct 2005 13:03 UTC, submitted by Hakime Seddik
Apple "This is partly a story about a company called Apple Computer. It's also partly a story about a fancy new iPod that plays videos as well as music and that could dramatically change the way people entertain themselves. But it's mostly a story about new things and where they come from, about which there are a few popular misconceptions."
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RE: Fatal!
by skingers6894 on Tue 18th Oct 2005 04:08 UTC in reply to "Fatal!"
Member since:

I'm sorry, have you been asleep for the last 3 years? Apple have been releasing products at a regular rate that everyone is trying to play catch-up with.

I'm not sure whether you noticed or not but Apple just reported a quarterly profit of over 400Million, their biggest quarter ever. They have also managed to accumulate over 10 Billion in cash, through guess what? A regular stream of profitable quarters.

Sales on iTMS are growing exponentially and their market share in computers is growing at 4 times the market rate right now according to data from the quarter just gone.

Yeah, they are in BIG trouble!

I know 10 years ago people were suggesting that Apple got it all wrong because "it's about the software stupid". Turns out it might have been about the "content" and in that world the "whole widget" approach of Apple might turn out to be the way to go.

Reply Parent Score: 1

RE[2]: Fatal!
by alcibiades on Tue 18th Oct 2005 05:52 in reply to "RE: Fatal!"
alcibiades Member since:

Have I been asleep for the last three years?

No. And I do not think Apple is in big trouble at present, other than that experience shows anyone acclaimed on the cover of Time or Business Week is almost certainly peaking!

What I and some others are saying is, look at the facts and look at the numbers. The rest of the world is not trying to catch up. What has happened is, Apple has at last caught up somewhat in the PC product line, and has developed one new leading product line in the music space. However, it is a long way as a company from consistent profitable growth based on innovation. It is a long, long way from the kind of innovation and growth that characterised the great days of, say, 3M. A three year recovery from financial disaster is a good performance. Jobs and the team deserve credit for it. Its doesn't deserve all these hysterical accolades. It is not a reason for Cupertino to think they are the chosen of the earth. Its just what the general run of companies do, and its what good turn around CEOs do.

Look again at the morningstar numbers, and you'll see this is right. While you are at it, look at Cisco and Dell performance. Look at IBMs fall from grace and recovery. This is a company like any other.

And a subcontracted box that allows people to watch Desperate Housewives at low resolution may make money. But it is not brilliant, creative, innovative and so on. Its just another product.

Reply Parent Score: 1

RE[3]: Fatal!
by skingers6894 on Tue 18th Oct 2005 10:55 in reply to "RE[2]: Fatal!"
skingers6894 Member since:

A company like any other? Cisco, Dell and IBM have not been "going out business" for 20 years.

If they truly were a company "just like any other" then they would be out of business now. They would be Commodore or Atari or any one of those others that were there at the start of the PC "revolution", but they aren't. They just had a 10 Billion+ year, DESPITE the fact that Windows has 95% market share.

It is remarkable that they are not only still here but still having big influence in the industry WELL in excess of the market share they possess. It is innovative products that allow that to happen.

Reply Parent Score: 1