Apple Recap: Speculations, iTV, and Alan Kay’s Criticism
In the absence of major catalysts, and fueled by an impatient investing public and customer base, the rumor mill has ceaselessly churned out headlines about the future of Apple (NASDAQ:AAPL). Every branch of the company’s future has been predicted by one analyst or another: whatever Apple’s next step is, someone’s probably called it already. Yet, despite concerns that Apple has lost its innovative touch and that no category-defining product lie in its pipeline, the company’s stock ended the day up $2.06, or 0.48 percent, at $431.85. Here’s a cheat sheet to today’s top Apple stories:
Should Apple Shoot For The Moon?
With every reasonable idea thoroughly vetted by the public, curious observers are reaching further and further for possible tips about what Apple’s next release will be. While investors won’t know what the product will be until the launch — at least not without forcing someone to violate an NDA — they can take a look at who could be working on that technology for Apple.
The next best thing to knowing what somebody is up to right now, is knowing what they did in the past. Looking at past performance for top executives is nothing new for many investors. Often times, the right leadership is the deciding factor in a company’s success or failure. This conversation has surrounded Apple ever since Tim Cook took over. There’s also been a lot of conversation about Jony Ive, the man behind much of Apple’s iconic design characteristics, and how his presence at the company will affect its upcoming products, and the success of those products… (Read more.)