Strategy in TECH...
Cupertino, CA-based Apple, Inc. announced its fiscal first quarter results yesterday and it wasn’t a pretty picture. And although Wall Street acted with shock, no one should have been surprised as Apple had warned this would be a tough quarter back in January. Apple remains a huge and cash-rich company, but the deeper you dig into this latest report, the more obvious it becomes that there is a legitimate cause for concern.
Today, we learned that Microsoft Corp. is acquiring Nokia Corp.’s mobile phone and services business in a deal valued at $7.2 billion. This news seemed to be a real surprise to many who have viewed Microsoft’s mobile efforts (i.e. Windows Phone) as weak at best. This news follows Google’s move in 2011 to acquire Motorola’s mobile hardware business. What’s this all about? Well at least in part, it shows that Steve Jobs was right all along…
Wall Street analysts are getting increasingly concerned about the ability of Apple, Inc. to sustain its historic run of innovation. Some are suggesting the company’s best days may in fact be behind it. Exacerbating the growing drumbeat of discontent…it has been eight months – since October 2012 – when Apple last announced new products. And even they were more iterative than innovative. Clearly feeling the pressure, over the last couple of months Apple CEO Tim Cook has told anyone who was willing to listen to hang on, great things are coming.
Recently, we told you about the worst CEO of 2012 (former Best Buy CEO Brian Dunn). Turnabout is fair play, and now Harvard Business Review offers a list of the 100 Best CEOs in the World as a very effective counter-point.
But were technology companies represented on this list? Can we claim some of the best CEOs in the world? Read on and see…
[Read more…] about Was Tech Represented on the List of the World’s Best CEO’s?
<February 8, 2012> Several reports of new iTV “sightings” have emerged around the Internet with many coming out of Canada as Apple is said to have submitted samples of its latest innovation – a revolutionary new television design – to various testing agencies for approval. [Read more…] about New Wave of Apple iTV Rumors Circulate as Industry Remains on Edge Waiting for Launch
<December 28, 2011> We now can predict with a reasonable level of certainty two huge technology stories coming up in 2012. They may in fact turn out to be the biggest stories of the entire year. One is the impending public offering of Facebook, a story that will likely mean the minting of yet another Forbes billionaire, Mark Zuckerberg. But the story that many feel will be the biggest of the big is the impending launch of Apple’s long-rumored iTV. [Read more…] about Of Two Big Tech Stories in 2012, This One Will Likely Be the Biggest…and Scariest
