“A couple weeks ago I harangued the value of an Apple Tablet, arguing that it was a failure from the start. The post presented five reasons supporting that stance. Well, I’m retracting everything I said, but not because the arguments were wrong, but instead, here are three even more compelling reasons why Apple will succeed and its competitors are doomed,” AppleInvestor’s Ernie Varitimos writes for Seeking Alpha.
Varitimos’ Three Reasons:
• Apple Has at Least a Five Year Lead
• Apple Anal-ysts Don’t have a Clue
• CES, Las Vegas is Huge Apple Billboard: Apple isn’t even at the show, yet they get mentioned in EVERY product review. Do you know what this means? If an Apple competitor doesn’t blow people away, if they don’t produce a game changer in people’s mind, if they don’t make people turn away from Apple’s upcoming earnings and media event, then every dollar they spent in development, every dollar they spent in advertising and PR, isn’t going to benefit their product, it’s funneling directly into Apple’s treasure chest, which at last count was somewhere around $35 billion.
Read more in the full article here.
MacDailyNews Take: We’re not sure how his second bullet point fits with Varitimos’ headline, unless he thinks Apple’s competitors actually believe what analysts say.