AMITIAE - Wednesday 27 February 2013
Cassandra - Wednesday Review: The Week in Full Swing |
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By Graham K. Rogers
Opening Gambit:Apple, shares and shareholders. Risks to Apple from Wall Street speculators. Cupertino is not to be underestimated. Apple expansion in India. Sales of Macs and iPads increasing. Jean-Louis Gassée posits a file system for iPads. Hints for Macs with Wi-Fi problems. Apple-Samsung litigation in Australia needs two judges: one is the norm. Another Asus Padphone: now a Fonepad too. HP sells WebOS to LG for TV and announces a tablet with Android. New Thomas Pynchon novel. SingTel denies Indian allegations of unlicensed services.
Apple StuffWe have been looking at what David Eindhorn has been up to with Apple and while he may claim that he is working in the interests of shareholders on a question of preferred shares and the votes for these, he is one of many Wall Street operators who has his eye firmly on the money. Wall Street cannot abide the thought of all that cash sitting there and not in their hands. With the record of Wall Street and the economy over the last few years, it is probably a lot safer in Apple's hands for a future that consists only of ideas right now. Rocco Pendola on The Street - in a 3 page article - is critical of the actions of Eindhorn and thinks it could signal an unravelling at Apple.He is also critical of Tim Cook referring to this as a small sideshow. It is not and some of Pendolas's ideas tie in with those I aired last month in a series of articles:
I outlined some of the ridiculous attacks by Wall Street on Apple over the previous few months - dragging the shares down, when the figures were good - and suggested that the real reason was control. With the shares at a low enough price, it is easier to buy them; and with enough, control of the company is a possibility. As Pendola writes, "An external force coming in and dictating the terms of engagement to Apple management -- that's what matters" and he has a clear message for Cook who unlike Steve Jobs is never strident in public, wielding power quietly. Maybe this is a signal for change in more ways than one. [My link for the Rocco Pendola article was MacDaily News.]
He does think there are some problems, but that the fundametals are sound, including that cash: "bigger than the market cap of almost every company in the S. & P. 500" and in the end does not think that this sounds like a company whose stock deserves to trade at a price-to-earnings ratio well below the market average. He concludes: "It's always been the proverbial bumblebee: it shouldn't be able to fly but it does. A wobble in flight is all it takes for people to proclaim its inevitable crash." As a note, the shareholders meeting is Wednesday, but as Josh Lowensohn notes, the most controversial item is no longer on the agenda. There may well be some other questions raised, however. On a late note that appeared overnight, following a Tweet from Duglas Kass (is this all it takes?) 9to5 Mac report that Apple shores rose sharply with the suggestion that the shareholders meeting could see a stock split announcement. There of course may be more to this Tweet than meets the eye.
The move sort of yanks the carpet out from under the feet of Om Malik who analyses the Indian market (rather well too) but complains about Apple's lack of a real push in that country. Malik also wants there to be an Apple store there and writes that "I even found the perfect location for the first Apple Store".
As a note, there was much disappointment when the most recent Apple financial figures were released because of lower Mac sales than some analysts expected. They must have missed the announcement from Apple that warned of this because of iMac production difficulties. All that is behind us now and sales of Macs for January this year are up a significant 31% over last year Randy Nelson reports on TUAW. Citing the same report, it also seems that iPad sales rose around 2%. Also expected top expand are sales of the iPad mini according to information on Patently Apple: DigiTimes is reporting . . . that LG is currently shipping 3.5 to 4 million iPad mini panels a month. This suggests that something like 65% of iPad shipments will be the iPad mini.
Many users are quite happy with that and that does not make them any less sophisticated as users because of that. I like access to the Unix that OS X is above, but most users could not care less about this, with the idea of working at the command line totally alien to them. Gassée is putting forward the idea of a similar 2-tier system. There are apps that allow some limited access, but (he writes), ". . . success with any of these apps is limited and comes at a price". Is there not a lesson there? He wants an "Easy mode for my Mother-In-Law, and the Pro Mode for engineers" which I suggest may open the doors to more than just file manipulation by technicians. Leave well alone. Ask yourself this (for those without jailbroken iOS devices) how many examples of malware or other attacks are there?
And while we are on patents, AppleInsider reports that SmartPhone is suing Apple for the second time in 15 months. "SmartPhone is alleging that Apple's complete line-up of iPhones and iPads, including the new iPad mini infringe upon their patents. Because these devices run on the AT&T network, SmartPhone adds AT&T to the lawsuit." And what a surprise: East Texas again. "
Some users have problems with the eXtensions site when they use Google DNS. The IP number work fine and other DNS settings are OK. Mind you, when I suggest they change the DNS server, there is a moment's silence: don't want to mess with that in case it upsets something; which is sort of contradictory as it is not working for some sites. One interesting idea from Joe Kissell was to "nudge" the router, by trying making sure the wifi link is correct and turning wifi off and on. Trying to link to another visible network as a temporary measure, then switching back again immediately is also worth a try.
But there is still no sign of the next update to OS X - 10.8.3.
Half and HalfWe have sat through a number of cases of litigation involving Apple in the last couple of years, and the main focus for many commentators has been on the way Apple went after Samsung and then Samsung went after Apple in somewhat predictable ways aimed perhaps more at revenge and inconvenience than any true examination of facts. The case in California brought much interest, but Apple did not have it all its own way there. Nor was it assured of victory in a number of other arenas. The next part of the battle is likely to be in Australia and AppleInsider reports that the courts there have decided that the contest is so huge that two judges are to be assigned to the case (or cases).
Other MattersI have somewhat ridiculed the Asus Padphone thing in the last year or so as it seems to me a solution in search of a problem. The presentation at which the CEO pranced about the stage announcing it has joined my stock of videos to show students what not to do when making presentations. I am not sure if there are any on the street as yet, but Aaron Souppouris on The Verge reports the "latest" iteration: the PadFone Infinity, with a 5-inch 1080p display, LTE connectivity, 64GB of storage, and a 1.7GHz 600 quad-core processor. And a price tag of between $1200 and $1400.To add to what I think is a bad joke, Luke Westaway had a report at the weekend on the new Asus Fonepad. That's right Padphone and Fonepad: let's see if Samsung copies these. Seriously, Westaway seems enthusiastic about this 7" phone and can't wait for it to arrive in the USA. I have a colleague who uses one of the Samsung large screen phone things and I snigger every time he makes a call on it.
Having dumped its own answer to the iPad, it now has another answer in a 7" tablet that costs $169 and runs Android, AppleInsider reports. The HP Slate 7 was announced at the Mobile World Congress in Barcelona, Spain and will be powered by a 1.6-gigahertz ARM dual-core Cortex-A9 chip. As if to add insult to injury, in a move that must have produced much forehead slapping, HP has also sold its WebOS to LG and they are to use it to power smart HDTV sets, AppleInsider tells us. LG say it will offer an intuitive user experience and Internet services: perfect for a tablet computer, wouldn't you think?
Local ItemsSingtel has been accused by the CBI in India of providing international long distance services to Indian customers without a license with two other Indian carriers. Singtel put out a press release denying the allegation and stating it will defend itself and has been assisting the relevant Indian authorities in preliminary enquiries.
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. |
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