Strategy in TECH...
Apple, Inc. announced the coming availability of the Watch, its first major product in years, at a presentation earlier this month. Since that announcement, we’ve been struck by the lack of enthusiasm for the product amongst members of the TECH press. In conversations with colleagues, we heard many predict that the Watch is doomed to failure, in part because of this tepid response.
A San Francisco TV station KPIX news crew inadvertently ran across a mysterious blue minivan with an odd assortment of cameras and technology affixed to the top. The purpose of this van was not obvious…nor was the owner, as it was completely unmarked. But the intrepid KPIX reporters traced the van and discovered it was leased to…Apple.
Two rather significant news stories emerged today – one about Apple’s amazing Q1 fiscal results and the other about Sony’s troubled mobile division – and we couldn’t help but notice an incredible irony. In a way, it’s almost a tale of two CE industries.
GoPro, Inc., the specialty manufacturer of sports-oriented cameras and camcorders, saw its stock plummet 12% in just one day on Tuesday when word leaked out of a new patent awarded to Apple, Inc. that appears to be for a remote control camera system. Although there was no official announcement from Apple about the product, word about the patent and its possible impact on GoPro spread around Wall Street like wildfire.
Apple, Inc. has announced that it will open its first research and development facility outside of the United States and it has chosen Japan as the location for the center. The announcement was reported by the Nikkei and has been met with a combination of national pride…and corporate concerns.
Online retail behemoth Amazon.com, Inc. has always been pretty secretive about their internal projects and initiatives. Especially so about their Lab126 hardware design division, the group responsible for the popular Kindle e-book reader…and the not-so-popular Fire phone. But a report by Reuters at the end of last month blew the tent cover back enough to get a glimpse of just what this secret lab is working on now – and home automation appears to be in their sights.
When the history of Monster Products is written some day in the future, there will be many legitimate highlights for their historian to ponder. First and foremost among these will be the fact that CEO Noel Lee (known as the Head Monster) virtually single-handedly created an industry when in the late 70s he popularized step-up, higher quality speaker cables that independent specialty retailers pushed like crazy over zip cord because it was much more profitable for them (and for Lee). And even though Monster Cable was more expensive for consumers, a clever Monster-created retail display demonstrated to them that they could indeed hear the difference with their own ears.
But we’re pretty certain one scene will not make Monster’s corporate history highlight reel – the company’s failure to continue to capitalize on its partnership with Beats by Dr. Dre. That partnership dissolved some two-plus years ago…with Beats going on to be purchased by Apple recently for $3.2 billion. Monster’s share of that eye-popping windfall: $0.
The Financial Times reported this morning that Apple, Inc. will announce a new software solution for the connected home market at the Worldwide Developer Conference in San Francisco next week. The move follows a lot of activity in the connected home channel recently including: Control4 going public, Google acquiring Nest, Philips launching Hue (app controlled lighting), Belkin launching WeMo, Harman acquiring AMX…and now Apple seeking to bring it all together in the home.
Alpine Electronics will be the first of ultimately several companies to offer a in-car infotainment system based on Apple’s CarPlay system according to a report late last week by the Nikkei. Alpine’s system, which will likely be replicated by others, allows drivers to listen to music, view maps, as well as access other iPhone capabilities.
Savant Systems, LLC announced on Tuesday that it has hired William J. Lynch as its new CEO. Who is Lynch, you ask? He is the ex-Barnes & Noble CEO who left there in the middle of last year. The Savant announcement surprised many as, on paper, Lynch looks like an unlikely candidate for the role.
