Robert McDonald on Horace Dediu: How Apple finally won the enterprise buyer's heart - 'I love this summary by Horace. He is always the best when it comes to getting to the point. Especially when so many others don’t get it. I love the essence of this conclusion. This transition has been a long time coming. If anybody had any doubts about retiring on this stock, they can now relax.'
on Horace Dediu: How Apple finally won the enterprise buyer's heart - '” I think one of the real reasons that Apple invested in developing its own silicon was for independence from it suppliers.” Alan Kay: “People who are really serious about software should make their own hardware,” Steve Jobs first met Alan Kay at Xerox’s PARC facility in Palo Alto. Jobs quoted Kay’s beliefs often. Apple was an early investor in ARM, but sold it when cash became much more important (late ‘90s), but Jobs was sold on the RISC architecture. The iPhone was introduced in 2007. At the time Jobs had a vision for a personal assistant that went beyond the Palm Pilot (he even indirectly referenced the Palm Pilot when he went “Yech” to the idea of a stylus) but he needed a more powerful processor that was stingy on power consumption, and a more capable OS. Neither MOT nor INTC were interested in developing such a processor, or couldn’t do it. Apple then bought PA Semi in 2008. Two years later Apple bought a personal assistant app called SIRI. It’s my opinion that Apple was headed towards an AI-like world 20 years ago. The A-4 processor was introduced with the iPhone 4, the model that cemented iPhone’s dominance of the smartphone industry. From there the die was cast for future Apple silicon and products. Apple Intelligence has its roots as an alternative to the Palm Pilot, spring boarding off the iPhone/SIRI architecture. What we are seeing today is the culmination of 20 years of technological advancements that have made the original vision possible. Believing Alan Kay’s dictum that successful software developers MUST design their own hardware, Apple began assembling the components to do just that a generation ago. Apple has never been late to “AI”. Apple’s vision was, and has been, years ahead of the competition'
on Horace Dediu: How Apple finally won the enterprise buyer's heart - 'Sadly, Bill, there is a method to their madness. Read John’s comment below and then mine below John’s. Which is what is so encouraging about Apple’s approach: It’s a growing roadblock against world dominance based on idea theft.'
on Horace Dediu: How Apple finally won the enterprise buyer's heart - '@Gregg If you read Ed Zitron and Gary Marcus you find this paradox has been evident for a while. The AI backers have this fantasy that they can create a magical, super intelligent entity if only they spend enough and get enough input data. Then they can rule the world. Musk, Zuckerberg, Thiel, et al all hope for this. Plus, if they give up now then they will be slaves to the winner. The economics don’t make sense but as long as they believe they can win then there is no limit to how much they will spend. It makes perverted sense. If the prize is infinitely large then any effort is worth it. It’s really a fascinating battle involving human nature, greed, hucksters, technology, money and natural resources.'
on Horace Dediu: How Apple finally won the enterprise buyer's heart - 'I think one of the real reasons that Apple invested in developing its own silicon was for independence from it suppliers. Waiting for Motorola and Intel (I think Motorola did the actual manufacturing of the PowerPC), to come up with new silicon held up iterations of Macs. With its own designs, Apple had to wait on only Apple (and to some degree TSMC, but TSMC have been doing a fine job of advancing the range of design options available to Apple).'
on Mark Gurman: Behind Phil Schiller's exit - 'Beat me too it. I was sure Phil was closer to a billionaire than a millionaire. And Apple TV started priced low because of lack of content. Now look at it. IMO it has the highest ratio of quality programs – all original and exclusive. If I could only watch one streamer it would now be ATV.'
on Horace Dediu: How Apple finally won the enterprise buyer's heart - 'So Apple should be in a good position to steal the industry’s lunch money before AI capex can generate a decent return. Am I reading this right?'
on Curious Analyst foresees three years of Apple earnings growth - '“AAPL’s more than 2.5 billion active devices give the company one of the largest consumer technology distribution networks in existence.” I wish the dunderhead, bottom-feeding, AAPL-hating ANALysts could wrap their tiny heads around that 2.5 billion active device number when they conjure their $253 price targets, or raise their targets three dallahs to $280. I can hope, but… This was a good article that makes some very obvious, strong, encouraging points. I like where Mr. Njagi’s coming from.'
on Mark Gurman: Behind Phil Schiller's exit - 'Schiller was granted an options block of 150,000 shares in 2011, worth about $60 million, just to secure his employment until 2016. He’s regularly exercised and sold options along the way, including a ~$39M block in 2012, and an $18.6 million block in 2013. In 2020, he apparently still had stock worth $18.8M, after exercising sales of $74M over the years. On top of whatever he’s been paid over the last 30+ years. Something tells me Phil will be okay financially. And has a lot more than $5 million to ease his decision to retire.'
on U.S. markets are closed for Labor Day - 'Re: “But the Apple news flow never stops.” And neither do you, PED. On Labor Day, we salute your labor in creating this site…'
on The last meeting of Tim Cook's last day as Apple CEO - 'Thank you Tim, from me and my family. We are grateful for your outstanding stewardship of this incredible company.'
on This week's Apple trading strategies (9/7-9/11/26) - 'This is a reminder US markets are closed tomorrow (Monday) in observance of the Labor Day holiday.'
on The last meeting of Tim Cook's last day as Apple CEO - 'I got one also! Seen the inside many times back then.'
