I just got my first smartphone last weekend!!!
Don’t care what he does in his bedroom. (Dont want to know though!)
He’s the closest thing we have to someone right of center AT ALL who’s a Silicon Valley big shot.
Will they start making things people can afford now ?
Reminds me of the guy who ran the patent office about 115 years ago. Wanted to shut it down because everything that can be invented has been invented.
Apple’s innovation and imagination died with Jobs...................
Yeah. Right.
No computer innovations after the Mackintosh. We know what a computer can do.
No innovations after the Model T. We know what a car can do.
No innovation after pong. We know what a video game is.
We will all be shopping at Sears. We know what a store is.
Change is the only constant in life.
Apple has over priced products that can be copied and sold much cheaper. Apple won’t be able to keep prices up much longer.
But the age of Apple’s HUGE PILE OF MONEY isn’t.
They’re an investment company now. Heck, they’re a bank.
I went to Best Buy last night thinking of upgrading my MacBook Pro to more current model. Golly Miss Molly those things are expensive. I’ll just stick with my MB until it bleeds to death.
I’ve wondered for a while if we may be approaching a saturation point in the market - for smart phones at least.
The annual upgrades aren’t making ‘leaps and bounds’ improvements...and the quality is so high, the phones are lasting longer.
So why upgrade to a new one as often as before?
Thiel is also invested in thorium nuclear. Smart guy, I need to contact him.
“There is no reason anyone would want a computer in their home.”
Ken Olsen, founder of Digital Equipment Corporation, 1977
A phone salesman summed up smartphones for me a few years ago: “Smartphone is a misnomer. This isn’t a phone at all. It’s a computer with a phone app.”
Darn guaranteed...Rush...WON’T talk about this on today’s show.
Unless Apple pulls off an innovation equivalent to the first Ipad soon, its age has past.
Past few years, all incremental improvements. The Watch was a flop, Cook just had to take a pay cut for having such a poor year. The chip problem is affecting all consumer electronics this year as well. Plus the election didn’t go Cook’s way either. He has to hustle to please the new boss.
Cook is good, but he’s no Jobs.
But a bean counter who plans regular updates with small incremental improvements in existing functionality passed off as innovation ("now our camera has more pixels, our speaker is louder, and we have new emoticons!") will eventually kill that identity off. Nobody wants to pay double for a phone that's the same as everyone else's or, even worse, copying another company as Apple is now doing by making them bigger, having more pixels, etc. They are a follower but still charging a premium. Doom.
There is no doubt the smart phone is now a commodity, the free/subsidized update cycle is over and Margins naturally will decline in the industry....
This isn’t a bad thing, its just business...
The question is, will Apple really come up with the next big thing... or not... there is little doubt ipod and itunes changed the music industry and iphone changed the communications industry....
The question is will Apple come up with the next big thing? And that remains to be seen.
Apple has plenty of time, money and research dollars to do it... but that doesn’t always mean success.... but given how little R&D is spent by other companies... and the sheer amount of cash Apple has on hand, pretty good chance they will indeed be on the forefront of the next big thing, whatever it is.
“... We know what a smartphone looks like and does ... it’s not an area where there will be any more innovation.”
Sounds like the proverbial Famous Last Words ...
Apple was NOT the first “smartphone.”
That might go equally to Blackberry and Palm Treo.
I had the latter, which had a name directory, could send emails, and do rudimentary web surfing.
There was a mechanical touchpad, and a touch screen using a stylus device.