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This article is so astoundingly empty of any real logic that I am truly shocked that it's currently on the front page. He claims that Apple's rise was fuelled

This article is so astoundingly empty of any real logic that I am truly shocked that it's currently on the front page. He claims that Apple's rise was fuelled by early adopters who forked over large sums of cash for the privilege of being able to posses the newest shiny bauble from Apple, but that their gadget lust has now been sated, thus spelling a near certain end to Apple's incredible growth. Does he realize that the very same people who paid to have the original iPhone have also probably put down money to have later iterations of the phone? The truth is that more and more people are now seeing the benefits of smartphones and are willing to invest more money in a mobile phone with more capabilities. This argument is completely bullocks!

rphlx 15y ago
Even if you are entirely correct, you've only addressed 1/4th of Greenspun's argument. Can Apple also: a) Transition effectively to emerging markets b) Find more industries willing to give them a 30% cut c) Provide a compelling return to investors, despite stock option dilution, and an inevitably slowing growth rate Disclosure: Short, hedging for USD inflation.
- tabbyjabby 15y ago
  a) Apple is rumoured to be working on a low-cost iPhone for developing markets. Greenspun provides absolutely no evidence to support his claim that Apple cannot, except to say that emerging markets are becoming more important. If we use China as an example, desire for Apple products is absolutely booming there (see the profusion of fake Apple stores that Chinese consumers flock to.) I'd adopt a wait-and-see approach here, but Greenspun has said absolutely nothing. b) Do you think their core profit centre is the iTunes Store? Because it's not. They make their money on iPhones, iPads, iPods, and Macs. This point is really dumb because even if it were true it has absolutely no bearing on the company's bottom line. c) ...

rphlx 15y ago

Even if you are entirely correct, you've only addressed 1/4th of Greenspun's argument. Can Apple also: a) Transition effectively to emerging markets b) Find more industries willing to give them a 30% cut c) Provide a compelling return to investors, despite stock option dilution, and an inevitably slowing growth rate Disclosure: Short, hedging for USD inflation.

tabbyjabby 15y ago
a) Apple is rumoured to be working on a low-cost iPhone for developing markets. Greenspun provides absolutely no evidence to support his claim that Apple cannot, except to say that emerging markets are becoming more important. If we use China as an example, desire for Apple products is absolutely booming there (see the profusion of fake Apple stores that Chinese consumers flock to.) I'd adopt a wait-and-see approach here, but Greenspun has said absolutely nothing. b) Do you think their core profit centre is the iTunes Store? Because it's not. They make their money on iPhones, iPads, iPods, and Macs. This point is really dumb because even if it were true it has absolutely no bearing on the company's bottom line. c) ...