Pretty big news for Apple
Steve Jobs quits as Apple CEO, Cook takes over | Reuters (http://www.reuters.com/article/2011/08/25/us-apple-idUSTRE77N82K20110825)
mooby
08-24-2011, 10:34 PM
I hope his health isn't as bad as its' feared. Curious to know what happens in Apple's future.
DynamiteRave
08-24-2011, 11:55 PM
This may be a dumb question... But what does the Woz do? Isn't he part of the Apple empire?
SmootSmack
08-25-2011, 12:22 AM
This may be a dumb question... But what does the Woz do? Isn't he part of the Apple empire?
I think it's just honorary at this point. He basically left the company like 15 years ago
SmootSmack
08-25-2011, 12:23 AM
I hope his health isn't as bad as its' feared. Curious to know what happens in Apple's future.
Honestly, I'm surprised he's lasted as long as he had since being diagnosed.
Daseal
08-25-2011, 06:44 AM
When Jobs left before Apple really started to struggle. Will be interesting to see what happens for sure. Curious how much the stock drops. I'd be unloading it right now. Apple was already inflated a bit more than it should have been, time for the prices to come back to Earth.
saden1
08-25-2011, 08:40 AM
One of the reason apple has succeeded is because the engineers ran the shop rather than the suits. So long as they continue to let their engineers drive product development they will be fine though I can't say the same for the iPhone's long term sales prospect vs Android.
saden1
08-25-2011, 08:42 AM
When Jobs left before Apple really started to struggle. Will be interesting to see what happens for sure. Curious how much the stock drops. I'd be unloading it right now. Apple was already inflated a bit more than it should have been, time for the prices to come back to Earth.
LOL...you have no idea what you're talking about.
$25 earnings per share and a P/E ratio under 20 is over valued? I wonder what your undervalued stock looks like.
Slingin Sammy 33
08-25-2011, 09:05 AM
One of the reason apple has succeeded is because the engineers ran the shop rather than the suits. So long as they continue to let their engineers drive product development they will be fine though I can't say the same for the iPhone's long term sales prospect vs Android.Good post.
I don't work in the mobile device market, why do you sound bullish on the Androids? Just from my limited experience, the Droids seem to be far more unstable than the iPhone. Do you think they'll eventually get this fixed? It was explained to me that with such an open OS, and all the apps written, there's no way to test them all and lock-ups/crashes almost can't be avoided.
I use Blackberry for work and don't load any apps, I never have a problem. My wife uses very basic apps (facebook mostly) and her droid is constantly having issues (we've replaced it once and reset it several times). My son was using the droid with the same problems as my wife, he upgraded to iPhone and hasn't complained of any issues.
saden1
08-25-2011, 10:36 AM
Good post.
I don't work in the mobile device market, why do you sound bullish on the Androids? Just from my limited experience, the Droids seem to be far more unstable than the iPhone. Do you think they'll eventually get this fixed? It was explained to me that with such an open OS, and all the apps written, there's no way to test them all and lock-ups/crashes almost can't be avoided.
I use Blackberry for work and don't load any apps, I never have a problem. My wife uses very basic apps (facebook mostly) and her droid is constantly having issues (we've replaced it once and reset it several times). My son was using the droid with the same problems as my wife, he upgraded to iPhone and hasn't complained of any issues.
Strength in numbers...the numbers of devices available, the number of manufacturer to choose from and what it costs to acquire an Android phone. Android has surpassed iPhone in sales last November and from the looks of it it's gaining ground though mostly at the expense of Nokia, RIM, Palm/HP, and Microsoft.
Android comprised 43.4% of 107 million smartphones (http://news.cnet.com/8301-13506_3-20091085-17/android-trounces-symbian-ios-in-q2-study-finds/) sold in Q2 of the year which is an amazing feat in a 3 year span. I mean it's kinda scary how Android only had 36% market share (http://news.cnet.com/8301-13506_3-20064223-17.html) in Q1. It won't be long before Android sales will be at Apple's expense too.
Sure, Apple has a dedicated user base but what of the less dedicated users which make up for the vast majority of their sales? Why wouldn't they pickup the Galaxy S II (http://www.samsung.com/global/microsite/galaxys2/html/) from Samsung? It certainly is more feature rich and as polished if not more so than iPhone 4. iPhone sales isn't growing as fast which to me indicates the novelty and innovation of it is no longer an advantage they can count on. The iPhone will still sell but the time will tell if they will suffer the same fate as the rest of the mobile companies who are slowly bleeding to death and from a developer standpoint their is no contest as to which platform is easier to develop applications for and it is after all about the Apps.
Motorola is 3rd tier Android phone manufacturer. Now that Google has bought Motorola's Mobility division I expect it to get way way way better.
The monster is at the fcking door! It was first Microsoft Windows and now it's Google Android.