The Apple Effect: The leaders shall become followers

“Google Wallet suddenly has experienced a surge in use, according to an Ars Technica report that cites an unnamed source. Weekly transactions are up 50 percent, and the number of new users has nearly doubled from the prior month, the source said,” Chris Maxcer writes for TechNewsWorld. “Obviously, the primary explanation for this sudden leap is Apple’s entry into the mobile payments world. It introduced Apple Pay in September and rolled it out officially October 20. Google Wallet, by the way, has been available for real-world use since 2011 — even gaining the ability to work with all major credit cards in August of 2012.”

“Even when Apple technically follows the product rollout of some other company, Apple often manages to become the product segment leader,” Maxcer writes. “No doubt about it, Apple’s entry into a market sparks attention — and even real buying activity — for competing products, ironically giving Apple alternatives a kick in the pants and a chance to thrive. What gives? I see a few key reasons.”

Read more in the full article here.

MacDailyNews Take: As our own SteveJack explained over a dozen years ago:

Apple leads. All others follow. As usual.

13 Comments

  1. Not an overly impressive article some hits some misses obviously. Apple cares about their customer’s experience, including security and privacy. They are leaders in that aspect but I highly doubt that Apple will change those that seek out to destabilize global security and who those who spy and gather data on everyone they can for their own selfish purposes.

    1. I didn’t love the article either. It’s always so mystifying to money-centric analysts how a company can do so well by exclusively by focusing on creating products that help improve the lives of their customers. The real goal, they figure, is making tons of money. And all that “change the world,” b.s. is just a bunch of lip service that plays well in ad campaigns. So Apple mystifies them. The best their competitors can do is make an inferior product or literally clone Apple’s — but the coned products are always soulless. Some customers are duped into thinking what they have is the same or better than Apple, but more and more people are realizing it isn’t so.

      1. Thanks for your post. You certainly hit the nail on the head about how money-centric analysts (and others who are in the bean counter mode of life) miss the mark. It’s that old quality vs. quantity and that plays into the idea of profits vs. market share.

        Fortunately as you point out, more people are realizing that the values that Apple holds dear, and delivers, thank goodness for that.

        Strangely enough while I am replying to your post I came across the idea of putting in “most ethical companies” in the good old search engine and scanning a few articles (one in Forbes). None of the lists for 2014 I have seen mentions Apple.

        For computer hardware it’s Dell, Hitachi Data Systems and Intel. For computer software it’s Adobe, Microsoft, Symantec, Teradata, Wipro, and salesforce.com.

        This is a statement from ethisphere about this year’s selection: “The World’s Most Ethical (WME) Companies designation recognizes companies that truly go beyond making statements about doing business “ethically” and translate those words into action. WME honorees not only promote ethical business standards and practices internally, they exceed legal compliance minimums and shape future industry standards by introducing best practices today.”

        It reads like something Apple does, so I am surprised that Apple is not on the list. Hmmmmm, I guess more people need to be aware of Apple, or maybe Apple just isn’t as ethical as say Microsoft or Dell.

        Gosh, “Apples isn’t as ethical as Microsoft of Dell”. I can’t say that with a straight face.

        1. Thanks for your response and insight. I would have to say that, generally speaking, anyone placing Microsoft and Dell above Apple in terms of ethics is unethical.

          1. I’ll return the gratitude for that little side exploration has got me thinking, mostly about the parameters used and the methods of measurements and of course the definition of ethics. It’s quite the challenge no doubt, and quite the surprise not to see Apple on the list.

            Oh and a weekend wave to you botvinnik.

  2. Again,baloney.

    Unnamed source. The shysters are trying to make it appear that google is relevant. Notice how anything apple does positively will have an accompanying “and google” or “and android”.

    Baloney.

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