Google is certainly performing amazingly well as a company, but its fortunes are not tied to mobile performance. The vast majority of Google's revenues and profits come from ads connected to the conventional PC desktop.
While Apple owes nearly 90 percent of its revenues to mobile devices (iPhone, iPad, iPod, iTunes and Accessories), Google only attributes around 15 percent of its total revenues to mobile ads and Google Play app sales. That's something the tech media has been suspiciously quiet about, given that the future is clearly mobile, and not the plateauing PC desktop. It's almost as if Google has completely fumbled its one time chance to claim a major share of the mobile Big Bang that occured between the iPhone's appearance in 2007 and the industry-wide cooling of the smartphone market that appeared to begin in 2013.
Sure, Google can be associated with the broad use of Android (especially if you count both official and unofficial forks of the platform that really don't benefit Google at all), but the same could have been said of Symbian, Java Mobile, Flash Lite, Linux and other broadly used platforms that failed to really capitalize on their retrospectively brief dynasties before they stumbled into roles as historical footnotes.
As Apple's numbers illustrate, the real money in mobile is not paid search (the keystone of Google's entire business) but in hardware profits. That's not new; it wasn't Sun and Adobe or Linux vendors who were making the money back in the early days of smartphones; it was Nokia and Blackberry, the hardware vendors.
Google's attempts to replicate Apple's success in its Android partnerships with hardware makers has been a disaster for both Google and the majority of its hardware partners outside of Samsung (which owes more of its smartphone success to Apple than to Android). Outside of Samsung, the broad range of Android licensees are nearly all losing money.
Disregarding the stock price and looking only at performance, it almost appears as if Jobs' passing has hurt Google more than it has affected Apple. Meanwhile, Apple has continued Jobs' legacy of producing meticulously designed premium hardware that the public clamors to pay a premium for even as Google has worked to perpetuate Microsoft's anti-Jobs, Windows/PlaysForSure strategy of broadly distributing software via low end hardware in an attempt to propagate a computing monoculture.
What about Mobile?
The vast expansion of capital accumulation (and therefore potential market power) during Cook's two year tenure as Apple's chief executive since Jobs' passing is tied directly to the massive surge of mobile computing, principally the iPhone but also the iPad, and to a smaller but very significant extent, the expansion of Apple's iTunes and App Store mobile ecosystem flourishing around iOS.
Blinding themselves (and their audiences) with a myopic fixation on simplistic percentage comparisons, the tech media has grown confident that Google's 3,890 percent gain in operating profits over the past decade is more impressive than Apple's growth of 13,350 percent. Google, they like to point out, continued to grow over the past year, incrementing its operating income upward from $12.76 billion to $13.96 billion. Apple actually earned less in 2013 than it did in 2012, despite its revenues increasing by $14 billion (slightly more than Google's year over year revenue increase of $9.65 billion).However, taking a step back to look at Apple under Cook since the passing of Steve Jobs in late 2011 (at the release of iPhone 4S), Apple's annual gross profits have jumped from $45.6 billion to $71.1 billion, and its operating income has leapt from $34.3 billion to a staggering $50.6 billion over the last two years. Apple's revenues have jumped from $108 billion during Jobs' last year to 2013's industry record shattering revenues of $171 billion. Over the same two-year period, Google's gross profits have increased from $26.6 billion to $37.9 billion (growth of $11.3 billion compared to Apple's profit growth of $25.5 billion), while its operating income has grown from $11.7 billion to $13.97 (a hike of $2.3 billion versus Apple's $16.3 billion). Google's revenues are also up, from $37.9 billion to $59.3 billion (an increase of $21.4 billion, compared to Apple's revenue growth of $63 billion).Despite those leaps, Apple's stock has only appreciated by $41, or about 8.3 percent over the past two years. Google's stock has nearly doubled, seeing an increase of 98.5 percent over the same two year period. It's hard to argue that's not delusion in a graph.
The massive Android delusion
Recall that these are the same journalists and pundits who maintained their press credentials through the first half of the 2000s while consistently predicting that cheap MP3 players (including feature phones) would ransack Apple's iPod business. Rather than acknowledging their error, they have simply changed their predictions over the last decade to assume Apple's iPhone business would likely be eaten up by cheap smartphones powered by Symbian, then Linux, then Windows Mobile, then Android. They are so fooled by their own propaganda that they seem to honestly believe that Android's 80 percent share of the world's phone shipments capable of running apps is impressive and unprecedented, as if the failed Sun Mobile Java and Adobe Flash Lite didn't similarly claim an identical dominating app platform share of shipping units prior to Google's brand emergence. In fact, back in 2008, Strategy Analytics was tasked with producing reports about how widespread Flash Lite was as a mobile platform, and how rosy its future was. That data is no longer published by the company, which is now saying the same things about Android.That same year I spoke at a conference in Malmö, Sweden, telling the mobile developer audience that Sun's then-widespread Mobile Java would face significant threat from Apple's new Cocoa Touch platform. At the time, there was much skepticism as Mobile Java then had an installed base comparable to Android's today. The primary difference is that both Sun and Adobe earned some platform licensing revenue; Google does not. Google only earns thin mobile profits from advertising, but that's not unique to Android either; before Android became widely distributed, Google earned more lucrative mobile profits from iOS, something that Android's contention with Apple has only hurt as iOS has pulled away from Google's Maps and search services.
Apple CE: 1998-2014
Today's teenagers have only seen a consistently successful, wildly profitable Apple. While there are now over 80,000 employees who all deserve some credit for Apple's current era of incredible success, it's easy to associate Apple's turnaround to the hiring of Tim Cook in 1998, the pivotal year when the company emerged from beleaguerment and began wowing the public with a disciplined, conservative selection of wildly innovative, attention arresting products. From 2004 to 2007, Apple's annual gross profits increased 350 percent from $2.4 billion to $8.5 billion, then ballooned more than another 300 percent to reach $26.7 billion in 2010, and again made another leap of more than 260 percent to $71.1 billion for fiscal 2013 (not including the record winter quarter the media has labeled "disappointing" for not being higher than they could imagine on paper). Other things the tech media have not been able to comprehend include how one company could exert dominating control over the profitable smartphone market with devices that sell into constrained supply while costing more than twice the Average Selling Price of its competitors, or how Apple could similarly dominate the profitable segment of PCs with Macs that cost four times more than the ASP of generic PCs ($1300 versus $301).
Saturday, February 15, 2014, 04:59 pm PT (07:59 pm ET)
Google has fooled the media and markets, but hasn't bested Tim Cook's Apple
By Daniel Eran Dilger
Listening to the Google-enraptured tech media's echo chamber of fears, uncertainties and doubts about the world's most profitable and successful company, you'd never realize that there's an incredible bounty of low hanging fruit waiting for Tim Cook's Apple to harvest, and little but mobile scorched earth left behind Google.
Apple BCE: Before the Cook Era
It's almost hard to fathom that today's barely-old-enough-to-vote high school seniors were born in a year where anyone with a media badge was essentially required to refer to Apple, Inc. as not only "Apple Computer," but "the beleaguered Apple Computer," due to the fact that the Macintosh maker had been losing money while its software platform strategy continued to flounder. In 1996, after a half decade of repeatedly starting, abandoning and then switching strategies for modernizing its Macintosh operating system, the company posted its first annual loss: $816 million for the fiscal year. That lost was accompanied by an layoff restructuring of 1,300 employees. In 1997, Apple's annual loss grew to $1 billion, although two thirds of that ($667 million) were directly connected to the costs of acquiring of Steve Jobs' NeXT and hardware maker Power Computing. Apple returned to profitability the next year, but it took many more years to lose the ubiquitous "beleaguered" tag.
Shut up you antisemitic sc^^^m
One of the Industry's Most Important Contracts for Cloud-Based Scheduling and Mobility Awarded to ClickSoftware
Mobile workers worldwide to leverage optimized scheduling and real-time mobility to boost customer satisfaction and streamline operations
ClickSoftware Technologies Ltd 4 hours ago
BURLINGTON, Massachusetts, February 12, 2014 /PRNewswire/ --
ClickSoftware Technologies Ltd. (CKSW), the leading provider of mobile workforce management solutions for the service industry, today announced a Fortune 100 organization has selected ClickSoftware's cloud-based solution for mobile workforce management and service optimization.
As part of a global organization's mobile workforce transformation project, ClickSoftware's cloud solution will integrate with their CRM system to provide greater visibility into every aspect of the customer process for an improved customer experience and greater operational efficiency. The project includes thousands of mobile field resources across the globe, encompassing more than a dozen countries and languages.
The deployed solutions will optimize scheduling, prioritizing jobs in real-time to efficiently handle a dynamic day, including scheduled and emergency tasks. All field workers will be using mobile devices for instant access to back office systems, and have the ability to receive new jobs and communicate job status in real-time to all parties, including customers, schedulers and mangers. The solution will also enable a better parts management process through mobile connectivity.
More large enterprises are moving to the cloud, and when it comes to workforce management and mobility, they are overwhelmingly choosing ClickSoftware's cloud solutions," said Dr. Moshe BenBassat, Founder and CEO of ClickSoftware. "ClickSoftware's proven track record of helping companies achieve complex operational goals in a wide variety of industries is due to our capacity to ha
now Mac pro slipped to April
shut up you low life antisemitic sc**m
Icahn: Apple Stock is 'Very Undervalued'
By Natalia Angulo/
Published February 11, 2014/
Carl Icahn: Apple is one of the cheapest stocks around
Billionaire investor Carl Icahn wants to go down in history books as someone who changed the rules of corporate governance and made management accountable.
In an interview with FOX Business Network’s Neil Cavuto on Tuesday evening, Icahn discussed ending a buyback fight with Apple (AAPL), recent market volatility and the nation’s debt.“I’m not going anywhere … I haven’t sold a share, nor do I intend to,” Icahn says, weighing in on aggressive stock buybacks by the iPhone maker.Icahn announced plans on Monday to drop his non-binding proposal to persuade Apple to repurchase $50 billion of its own stock. His decision comes after a pair of influential proxy firms urged investors to vote down Icahn’s proposal on Feb. 28, and just days after Apple CEO Tim Cook revealed the tech giant repurchased $14 billion of its shares following a post-earnings slump last month.
Icahn told Cavuto “Apple is one of the cheapest stocks around,” comparable to stocks like Netflix (NFLX) and Chesapeake (CHK). He said Cook agreed that the consumer electronics giant was “very undervalued” and praised the CEO for being a “great guy” and “great operator.”However, he said while shareholders do like the management in the case of Apple, “for the last five years Apple has spent over $18B in research and development, but a lot of that hasn’t been seen yet by the shareholders.”
When discussing his investment strategy, Icahn dismissed not interfering in companies for the sake of not having them think in the short-term, saying “if the guy’s losing a fortune,” why not encourage spending?
like Ko PE of 20 on 4% growth that is on 43-44$ it is 860-900$
Or like WMT PE of 15 on 4% EPS growth or about 700$
AAPL EPS will grow from 39.5$ to 43-44$ that is double the EPS growth of WMT or KO ( Coca-Cola)
Icahn sees 'no reason to persist' with Apple proposal
Carl Icahn stated in an open letter to shareholders, "While we are disappointed that last night ISS recommended against our proposal, we do not altogether disagree with their assessment and recommendation in light of recent actions taken by the company to aggressively repurchase shares in the market...As Tim Cook describes them, these recent actions taken by the company to repurchase shares have been both “opportunistic” and “aggressive” and we are supportive. In light of these actions, and ISS’s recommendation, we see no reason to persist with our non-binding proposal, especially when the company is already so close to fulfilling our requested repurchase target."
So damn frustrating?