Posts filed under “Technology”
Farhad Manjoo of the NYT explains the why the usual pattern seems to be happening with Apple:
“Analysts’ estimates vary wildly, with many originally predicting that Apple sold three million to five million watches from April to the end of June. After studying Apple’s opaque earnings report, several analysts revised their estimates down to about 1.5 million to three million watches. Even at the lower end, that’s the opposite of instant death: Luca Maestri, Apple’s chief financial officer, pointedly said the watch sold more in its first nine weeks on the market than either theiPhone or the iPad did in that same period.
Yet the future of the Apple Watch will not be determined by first-quarter sales. Apple’s product debuts tend to follow a well-worn script: A first-generation device is always criticized as overpriced and a bit lacking in utility and is often vulnerable to the charge that it is a solution in search of a problem. Then, over a few years, Apple and its customers figure out the best uses for the gadget, and the company methodically improves design and functionality to meet those needs. It also tends to lower its prices. Correspondingly, sales explode.”
From The Economist: The program, called “ConnectHome”, is a partnership between government, tech companies and non-profit organisations that will provide low-cost broadband internet, digital literacy programs and other resources to 275,000 public-housing developments in 28 locations across the country. Source: The Economist
Source: Bloomberg Tesla has rocked the world of high-performance automobiles with the introduction of its new “Ludicrous mode.” The internal-combustion engine business may never be the same. Regular readers of mine usually know at least two things about me: First, I believe that all predictions are silly, more about marketing than actually trying to figure out what…Read More
Will Silicon Alley Be the Next Silicon Valley? Jason Bram and Matthew Ploenzke Liberty Street Economics, July 2015 Update: We broadened our definition of Silicon Valley and present more complete data on that region’s trends in the comments section of this post. In the body of the piece, we also corrected…Read More
Individuals matter. Jimmy Iovine willed Interscope to success. And Steve Jobs did the same with Apple. But now he’s gone and Apple is hurting. APPLE WATCH Tech is about a level playing ground, albeit an oftentimes expensive one. Everybody gets to eat at the buffet, as long as they can afford the entry ticket. But…Read More