“In his latest memo blasted out this morning titled ‘More Bruises on Apple,’ he describes additional concerns he has with the iPhone 5 and how it stacks up against other smartphones on the market,” Russolillo reports. “‘Apple is losing some mojo and mindshare,’ he says. ‘This is the first product launch by Apple with no wow factor and much less cool than other products on the market such as Samsung Galaxy S III and HTC One X.’”
Russolillo reports, “From Kass: ‘Can Apple keep the well-above-cellphone-industry-average customer upgrade cycle going? With Steve Jobs gone, Apple is at risk of losing that magical Walt Disney feeling. This is what Apple had going for it. The dogs just wanted to eat the dog food — no matter what. It was delusional at times. Apple could beat them and customers would come back and beg for more. But the company will lose this cachet. As I mentioned last week, almost all of a sudden, Apple’s suite of products is becoming more expensive and no better to worse than other products on the market. Eventually, this will hurt Apple.’”
Read more in the full article here.
MacDailyNews Take: Setting a new smartphone launch record by selling every unit you could make (5 million) in a matter of days is a loss of mojo?
Whatever, shorter, foment away:
…notwithstanding the previous successes of the Mac and iPod, there seem to be enough questions regarding the iPhone (is it really differentiated from products already on the market that have advanced features, strong operating systems, have penetrated enterprise and rely on email as their killer application?) — especially in light of the market’s starry-eyed reaction and Apple’s surge in value… – Doug Kass, January 16, 2007
On that day, Apple shares closed at $97.10. Since its release in June 2007, iPhone has only transformed the mobile device industry, demolished those who “penetrated enterprise and rely on email as their killer application,” and sold over 200 million units to date while reaping the bulk of the smartphone industry’s profits, it has propelled Apple Inc. into the most valuable public company in world history.
Excuse us if we choose to not only ignore Doug’s desperate “opinions,” but to act exactly opposite them.
What’s important when you are in that hedge fund mode is to not do anything remotely truthful, because the truth is so against your view, that it’s important to create a new truth, to develop a fiction. – Jim Cramer, explaining how hedge-fund managers game the stock market, 2006
As for how iPhone 5 stacks up against other smartphones, we’ll let the reviews do the talking. Please see the related articles below.
Business Insider reviews Apple’s iPhone 5: ‘The closest thing to a perfect phone, ever’ – September 26, 2012
TechCrunch reviews Apple’s iPhone 5: So fantastic, it just doesn’t seem real – September 20, 2012
Bloomberg’s Jaroslovsky reviews Apple’s iPhone 5: The only great smartphone on the market – September 19, 2012
CNET reviews Apple’s iPhone 5: Editors’ Choice; a great, beautifully-engineered smartphone – September 19, 2012
NYT’s Pogue reviews Apple’s iPhone 5: If you’re getting one, wow, are you in for a treat – September 18, 2012
USA Today’s Baig reviews Apple’s iPhone 5: Keeps Apple at the front of the smartphone pack – September 18, 2012
Mossberg reviews Apple’s iPhone 5: ‘The best smartphone on the market’ – September 18, 2012
Pocket-lint reviews Apple’s iPhone 5: ‘This really is product design at its finest’ – September 18, 2012