4 ms·
Almost as soon as I heard the sad news about Steve Jobs I feared this would happen. It also coincides with the 15-year cycle that seems to happen in tech and ce
by 3chelon 10y ago
Almost as soon as I heard the sad news about Steve Jobs I feared this would happen. It also coincides with the 15-year cycle that seems to happen in tech and certain financial markets. Let's face it, Apple can't be top dog forever. Google has lasted longer than it should have. And if I were Zuckerberg I'd be concerned what's around the corner.
And without the visionary leadership of a Jobs, a Gates, a whoever, these companies stop innovating and change into something else. At least this is the second time round for Apple. But I fear that without Jobs there may be no way back.
- marrone12 10y agoThat's why Zuck has been very aggressive with acquisitions, to future proof the company. He's bought two of his biggest competitors, Instagram and Whatsapp, and Oculus which could be the future. I'm pretty pleased with his corporate foresight.
- kamaal 10y agoYou can only find your way out by buying and killing your competitors for that much time. Sooner or later some one will do something you won't notice and suddenly you will be irrelevant.
- 72deluxe 10y agoYes and Internet users are very fickle. In particular, users used to a free product evaporate when charges arise. The endless struggle to stay relevant kills them. For examples see MySpace, Friendster, Bebo, Twitter....
- mtgx 10y agoApple should've made Elon Musk its CEO as soon as it could after Steve Jobs passed away. Now it's likely too late with the merger of Tesla and Solar City happening, and the merged company being on an explosive growth path. Musk is also likely too busy now with SpaceX's ITS system and the landing on Mars to worry about making great Macs and iPhones.
- whateveracct 10y agoIs this satire?
- sperglord 10y agoI don't think so. He didn't mention Javascript, Rust, or Go.
- ballooney 10y agoThis is surely some markov-chain HN parody account. Do I win anything if I'm right?
- bbctol 10y agoYou win 3D-printed augmented-reality goggles so you can relax in your self-driving car built on the blockchain.
- sangnoir 10y agoNeedless to say, the goggles are powered by scalable microservices written in Haskell, Go and Phoenix on a serverless, containerized architecture with a React/Redux front-end.
- spiderfarmer 10y agoMusk is a good CEO because he his passionate about what he does. I'm not convinced he is that passionate about computers / gadgets.
- CodeWriter23 10y agoNot to mention, deleting oil as an energy source is a far greater benefit to mankind than any possible innovation in computing.
- TekMol 10y agoWhen Steve Jobs died, Apple was worth $300 billion. Now it is worth $600 billion. So far, not only did Tim Cook live up to the expectations in Apple under Jobs (which would mean to keep the company value at the same level) but he even overperformed 100%.
- 3chelon 10y agoI read somewhere recently that the exact same thing happened when Ballmer inherited Microsoft. As others have intimated, profits != future growth. The new owner can be very good at making money but will not tend to take risks, and there's the problem.
- eknkc 10y agoBut I think Tim Cook is taking some risks, big ones even. That might backfire, who knows.
- 1_2__3 10y agoI think you're mistaking interia for vision.
- creshal 10y agoRemember, this is the same investors who couldn't be arsed to check Pokemon Go's ownership before they overhyped (and subsequently crashed) Nintendo's stock. Market valuation does not indicate anything about the inner workings of a company, nor about its long-term prospects.
- denom 10y agoThere is a strong path dependency to how Apple is able to pull in record amount of profits. The fact is that any institution with considerable resources will be able to coast for a long time. Mediocrity can easily sustain Apple on Wall Street for the next 10 years.
- mikejmoffitt 10y agoWorth has a low-pass filter. The effect of change takes time to determine.