“There is no longer a ‘telecom’ industry, according to former Verizon Communications chairman and CEO Ivan Seidenberg, who says ‘the walls between telecom, technology, media and entertainment have collapsed,’ as evidenced by Apple’s expected jump into Web TV,” Reinhardt Krause reports for Investor’s Business Daily. “‘All worlds have converged,’ said Seidenberg, now an advisory partner at financial services firm Perella Weinberg Partners.”
“‘The world without walls is now producing the kinds of combinations that were once just a futurist’s fantasy: Apple moving into the TV business, Google jumping into mobile, broadband and media, Verizon combining with AOL and, of course, Comcast merging with NBCUniversal,'” said Seidenberg in an article written for PWP,” Krause reports.
“Seidenberg’s legacy includes building out Verizon’s ‘FiOS’ fiber-optic network, taking on cable TV firms with video and broadband services,” Krause reports. “One of Seidenberg’s questionable decisions involved negotiations with Apple over the iPhone. AT&T became the first wireless firm to sell the iPhone in 2007, giving AT&T a major boost.”
Read more in the full article here.
MacDailyNews Take:
The over-all point is that new technology will not necessarily replace old technology, but it will date it. By definition. Eventually, it will replace it. But it’s like people who had black-and-white TVs when color came out. They eventually decided whether or not the new technology was worth the investment. — Steve Jobs
Hmmm, a world without walls… or Windows.
I could do with a pay-wall breakdown!
The only wall Apple has is the one that keeps out spam and malware.
I still remember what the Curtis Mathes salesman said to get my father to buy his first color TV. The salesman wanted to show us the new color TV’s when my father said we don’t need a color TV. Without missing a beat, the salesman turned around and walked to the B&W sets and said… ‘If you are used to hamburger, steak is not that great’.
That is all he said but it was exactly what my father needed to hear. That night we watches color TV for the first time (and probably ate hamburgers).
We know who has the steak in the Verizon vs Apple story. Question is… how many of the others are serving us hamburger.
…sorry, one metaphor too many. You lost me there…
Amen brother.
“The most expensive television set in America; and darn well worth it”
I´ll gladly pay you tuesday, for a hamburger today.
How will it “evince a world without walls”?
Are we talking about literal walls or metaphorical walls?
“In a world where there are no walls or boundaries, who needs Gates and Windows?”
Apple hasn’t announced what form or function Apple TV will have nor the cost of service for this multimedia utopia.
They can’t announce what they don’t have. Hey Tim, fire Eddy Cue. It’s your job Tim. You had no problems firing other people when you thought it was necessary. Do it now Timmy.
AT&T became the first wireless firm to sell the iPhone in 2007, giving AT&T a major boost.
Technically, it was Cingular who were the first to sell the iPhone. AT&T sold itself off to Cingular, who then adopted the AT&T brand name.
correct, Cingular was a great company until was poisoned by the AT&T mindset.
Well! Where have you been you amusing old musician? Good to see you.
reform school.