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Well summed up:
"Relying solely on yelling about what’s right isn’t a pragmatic approach for the media industry to take. And it’s not working. It’s unrealistic and naïve to expect everyone to do the “right” thing when the alternative is so much easier, faster, cheaper, and better for so many of them."
Makes for very sad reading. The more things change, the more they remain the same. Human nature hasn't really changed a bit - just look at the way civilizations & societies evolved, and you'll see the same story being repeated everywhere & every time. And best of all, it's all happening in the land of liberty & capitalism.
A classic piece on how to borrow & get rich in a kinda sorta questionable way. In all likelihood, we have dozens of examples of such elite in India.
The Kodak moment gives way to the iPhone moment.
Not all are Apple to apple comparisons, but does have some interesting stats nonetheless. It uses Apple's market cap for comparison.
Quite a bit like the railroad vs road transition. Underestimate the customer at your own peril.
"You’d hear Mike Lazaridis unequivocally state time and time again that BlackBerry smartphones would never have MP3 players or cameras in them because it just does not make sense when the company’s primary customers were the government and enterprise."
"RIM would be proud of the fact that someone would only use 1MB of data in a month in 2005"
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You’d hear Mike Lazaridis unequivocally state time and time again that BlackBerry smartphones would never have MP3 players or cameras in them because it just does not make sense when the company’s primary customers were the government and enterprise.
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A BlackBerry with a name is ridiculous.
- 4 more annotation(s)...
A pretty interesting case - if a monkey clicks some photographs, who owns the copyright & what can be termed as fair use?
Revisiting the competitive advantage concepts...
“In business, I look for economic castles protected by
unbreachable ‘moats’.”
-Warren Buffett
Another piece on Android focusing on the business model:
"Some will argue that the best product will win the market and that Apple will still dominate the smartphone market. The history of the personal computer market is no omen for this thesis. If you think about it, the people that know this better than anyone are the exact Apple loyalists who have been frustrated for years at Apple’s lack of dominance in the PC market. Disruptive business strategies can and have trumped better products. And with no change to the current market, the Android leveraged position in the market could result in staggering unit share gains. This is not to say that the Google Android is better than or as good as the Apple iPhone. The key point is that it does not have to be. It only needs to be dramatically better than the current feature phone. Which it is."
"With its disruptive and leveraged strategy, it is Google that is attempting to be the Microsoft of the smartphone market. Perhaps ironically, Apple is well positioned to be the “Apple” of the smartphone market."
Google is doing what Microsoft did, and in a very different way... "Android, as well as Chrome and Chrome OS for that matter, are not “products” in the classic business sense. They have no plan to become their own “economic castles.” Rather they are very expensive and very aggressive “moats,” funded by the height and magnitude of Google’s castle. Google’s aim is defensive not offensive. They are not trying to make a profit on Android or Chrome. They want to take any layer that lives between themselves and the consumer and make it free (or even less than free). Because these layers are basically software products with no variable costs, this is a very viable defensive strategy. In essence, they are not just building a moat; Google is also scorching the earth for 250 miles around the outside of the castle to ensure no one can approach it. And best I can tell, they are doing a damn good job of it."
Article from the last millennium - all about the cuteness factor in Japan that impacts everyone starting from business to the government.
How do you price software? Lots of theories ranging from basic macroeconomics to capitalism & the likes, but no definitive answer.
An interesting article on Steve Jobs from the pre-iPad era. Also sheds light on some of the rarely featured issues on Apple & Jobs like the back dated stock options & Jobs' personal life.
Not a very pretty sight. At one time Yahoo shares were trading at $400+ & then they passed up buying facebook & youtube.
This is what happens when the purchasing department of a company turns out to be even more inept than the vendor's sales team.
A real classic... Who knew purging data could be so dangerous, that too when you are cross-checking the latest transaction date.
In the old days (before the Internet), no technology products were free, because distribution costs made it impossible to offer anything without some commitment from the end customer. As a result, new technology adoption generally started with the deepest
Kind of like the Chinese whisper phenomenon
Pretty radical thoughts based on the Cravath System: "Bring lots of new employees in, team them up with mentors, provide real work to do, and give them a choice: either get lots of great experience and get out, or work hard for a higher-up position."
Very relevant points to consider when doing a survey & even while looking at the results of one. Quite similar to the points raised in the book "How to lie with statistics"
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