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Random, lighthearted musings on the Tech Industry from someone working in the Tech Industry
Tags >> stocks
Jan 18
2009

Life Without Steve Jobs

Posted by lowededwookie in stocks , sales , history , Apple

lowededwookie

I had dinner with Phil on Thursday and due to me being away from Internet access for the better part of two days by this time I was unsure of the Apple world around me. Phil proceeded to inform me that Steve Jobs had just announced that he was taking 6 months off in order to deal with his health. Tim Cook is now in charge of the day to day stuff but the big decisions will still require Jobs' input.

I think it is a great thing on Jobs' part to take the time off. I sure know all about stress. The reason I was in Palmerston North and thus able to catch a meal with Phil was because I am involved in a project that makes me want to have my eyeballs ripped out through my nostrils by rabid wolverines. It was so stressful that come Saturday I woke up with a migraine and ended up puking all day... when I wasn't sleeping it off. So when I heard that the next six months were going to be largely sans Jobs I was excited.

The next six months are going to be very interesting but I feel that Apple is not going to fall apart without Jobs because Jobs is no idiot. The analysts are but then that's why those dinks don't run multi-national companies do they. They sit at a desk and tell people stuff that sounds good. Jobs has hired some amazing people and one of those people is Tim Cook (http://www.apple.com/pr/bios/cook.html).

Mar 03
2008

Who analyses the analysts?

Posted by lowededwookie in stocks , history , Apple

lowededwookie

One of my favourite sites I keep coming back to, aside from this of course, is Roughly Drafted . The reason is how the site's owner constantly brings to light the flawed accusations that many so called analysts bring to light in their blogs. It's amazing to read how flawed these accusations are.

The current round is fun because these muppets seem to think that Apple isn't on track for selling 10 million iPhones by the end of this year based on the sales of iPhones currently. That's funny because the iPhone is one of the fastest selling smartphones on the market already blitzing Window Mobile joke phones and rapidly reaching market share for Symbian phones which includes Nokia, Motorola, and Sony.

One of the reasons they claim this is that there hasn't been the full sold iPhones being activated therefore Apple apparently hasn't sold them. Can you see the flaw in this logic? Apple only ever quotes over the counter sales so 1.4 million iPhones to date have been sold OVER THE COUNTER. These aren't the same as Microsoft's 1 million Zunes which have been sold to suppliers but have not been sold over the counter. These are valid sales, merely because 700 thousand haven't been activated doesn't mean they haven't been sold.