Thanks for catching that, waltp (and Lee). I corrected the article accordingly.
I like jfbiii's reasoning. A lot. Mentioned it on today's Daily Observation podcast.
That ship has sailed, gents—there are multiple bids already. And it really wasn't an option. I can hoard with the best of them, especially when it comes to collectibles. But thanks for the sentiment! I most assuredly appreciate it.
Of course. Of course.
Smooth here for me too. So far. Working on a how-to for setting up Apple Pay, FWIW.
Hi Black_Dog. I'm no MBA, but I've been following and studying Apple for a long time. The company has the best run supply chain in the electronics industry, thanks largely to Tim Cook's leadership in operations starting in the late 1990s (though that continues with the full team he built intervening years). I remember when Apple first moved ahead of Dell—which was then the operations king—in inventory-on-hand and inventory turnover. At one point, Apple got to as little as 24 hours of inventory-on-hand, which was just crazy at the time, unheard of. Part of that supply chain efficiency—and I personally…
I think Isaacson's Steve Jobs biography was terrific. I personally didn't read any negative reviews that I found to be credible. These things are subjective, of course, but I think Isaacson is one of today's best biographers. I loved and read his Ben Franklin book, too. FWIW, that is. My one complaint about Steve Jobs was that he didn't spend enough time on Mr. Jobs's years at NeXT. I can't wait to see what kind of connections he draws in this book.
WaltFrench, you seem to be reading in criticism of Apple in my piece. There was none. I stand behind this article—this is the sort of analysis I've been writing for 16 years, and I will continue to do so.
Uhhhh...Lee? You've been around far too long to make that n00b mistake. What gives?
Ben, the largest U.S. tech companies have so far taken a quite mild hit over alleged collusion with U.S. intelligence services. There are subtle, yet specific, differences between my statement and yours. I think those differences are striking and salient. Apple has denied such collusion from the beginning, as has Google, and to various degrees most of the other accused. Some of those denials have left a little wiggle room, IMO, but Apple has been categorical in its denials. No one has challenged Apple's claims or offered evidence to the contrary. In addition, the encryption method Apple is touting is…