AMITIAE - Wednesday 4 May 2016
Apple's Dip: What Comes Next (Bangkok Post, Life) - Extended Version
By Graham K. Rogers
Carl Icaahn who is famous for a number of ownership exercises, including the airline, TWA, has tried to influence Apple before with share-buying, but this week claims he has sold the lot, influenced by changes in China pushing shares down even more. As a guide to recent progress, his own investment arm is down 33%.
The current lower share price will of course allow Apple to benefit with its own buyback program. Once the shares go down enough, we can expect Icaahn to have a change of heart. Profit and control are irresistible for some. Jim Dalrymple described this move by Icaahn as "Probably the best news Apple has had in a while."
9.7" iPad Pro - Image Courtesy of Apple
iPhone SE - Image Courtesy of Apple
A Tweet from Jay Yarrow captures this disconnect perfectly: "Echo sold 3 million units. Gets stories that it's next great business for Amazon. Apple Watch sold 12 million units, gets panned as a flop."
It seems that concerning Wall Street's over-reactions and the future of Apple, Tim Cook agrees with me. . .
All of the online stores need better organisation and not just lists of favourite apps: often selected because they have lots of downloads. This puts apps from independent developers at a disadvantage.
I often look through the Photo & Video section only to see apps I already have. I would at least like to see "Recent Releases" so that the occasional new gem comes my way. With most online Apple stores, especially AppleTV, unless you know what you are looking for (or get lucky) some apps may never appear.
AppleTV - Image Courtesy of Apple
I did this a couple of weeks ago when I had a problem with Apple TV. Apple phoned me at the time I had set up and the really helpful assistant helped with the problem. This seems to be part of the training as when I phoned sales staff (based in Malaysia) about an online order, the young lady there made me feel cheerful about my problem, which she fixed while I was on the line.
Updated Apple Support Pages - Screenshot
I have always done this, taking my lead from a favourite drink: not gin and tonics . . . gins and tonic.
Graham K. Rogers teaches at the Faculty of Engineering, Mahidol University in Thailand. He wrote in the Bangkok Post, Database supplement on IT subjects. For the last seven years of Database he wrote a column on Apple and Macs. He is now continuing that in the Bangkok Post supplement, Life.
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