Pedro de Noronha, managing partner at hedge fund Noster Capital, ain't got no truck with these newfangled tech companies, including Apple. The problem, he said, is that you don't know where they'll be in 5 to 10 years. Even Apple, according to him, could be "obsolete in two to three years."
Apple was granted a patent on a smart watch dubbed "iTime" on Tuesday. The patent describes a wristband with embedded electronics that can be accessed by "a mobile electronic device." It describes several implementations, including versions where the mobile electronic device can be removed from the wristband.
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Well, we've seen the requisite number of iPhone 6 mockups so it's time to get back to the Thing Apple Is Totally Gonna Make To Put On Your Wrist rumors.
Apple has purchased some 29 companies since the beginning of fiscal 2013 (October of 2012), and five just since the end of the of the March quarter of 2014. If you throw in Beats, which hasn't closed yet, that makes 30 companies and a clear indication that Apple is becoming more aggressive in buying outside firms.
During Apple's Fiscal Q3 2014 Earnings Report, CEO Tim Cook clarified, on several occasions, the motivation for the partnership with IBM. The goal is to create a catalyst for iPad sales in the enterprise.
A petition at The Petition Site is being circulated that demands Samsung improve working conditions at its Chinese factories. The petition targets Boo-Keun Yoon, CEO of the Samsung Group, and accuses the company of operating or contracting with scores of factories that have unsafe working conditions. 40,000 people have signed the petition so far.
Samsung has a new commercial out touting its Galaxy S5 smartphone as a better choice than Apple's iPhone, but the real message behind the ad is that Samsung is afraid of a phone that's still nothing more than a rumor. When your ad says "please don't buy an iPhone," there's a problem with your marketing.
Apple has ordered between 70 and 80 million next-generation iPhones for delivery by December 30th, according to unnamed sources cited by The Wall Street Journal. The orders are for a mix of 4.7-inch and 5.5-inch iPhones, which has been dubbed iPhone 6 in the media. If true, it would be a record number of iPhone units for any quarter, well above the 51 million iPhone record holiday quarter in 2013.
Apple is reportedly reducing the thickness of the battery it will use in its next generation iPhone—dubbed the iPhone 6 in the media—to just 2mm. Citing unnamed sources in Apple's supply chain, Taiwan-based DigiTimes said Apple has reduced the thickness of the battery by some 33 percent, down from 3mm, while keeping capacity at iPhone 5s levels.
Apple announced on Thursday that Sue Wagner is joining its board of directors, while Silicon Valley legend Bill "Coach" Campbell is retiring. Ms. Wagner is a founding partner and a director at BlackRock, a Silicon Valley asset management firm, and she was named one of the 50 Most Powerful Women (#33) by Fortune in 2011.
The Mac web is good at picking up on supply chain rumors about problems that Apple may be having with manufacturing. That's often interesting reading, but where we can get into trouble is the conclusions that are drawn.
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TMO Daily Observations: 2014-12-17
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