If you invest in individual stocks you will likely, or should, be steering clear of Apple (AAPL).
Apple shares are now more than 25% off their September levels, but the question long term investors should ask is why? Is it because Mr. Jobs passed and the new leadership is unable to innovate? The answer is an unequivocal “YES.”
Where are the really new products?
So far Apple has offered a smaller version of the iPad and an iPhone with a slightly bigger screen. These are not the game-changing technological leaps that we are used to from the technology company.
As if to put an exclamation mark on the the idea, Samsung has unleashed a series of effective adds showing the iPerson faithful standing in line for a device that does no more than to move the headphone jack to another side of their signature device.
Apple continues to offer devices that are unfriendly to those needing productivity while Andoid and Microsft put out portable devices intended for the working community.
The Microsoft “Surface” comes with Windows 8 and Microsoft Office built into the device and Android has google docs. Apple has cool apps – the same cool apps that work on everything they’ve ever had.
Apple is failing to innovate while Samsung and Microsoft find better uses for mobile technology. Investing in a company that can only make smaller or larger versions of their existing technology is illogical. Apple is no longer the cool new thing.
Originally airing in October, 2011 Sixty Minutes replayed a special on Autism this week as part of their follow up on Apple and Steve Jobs.
As a parent of a young adult, who is non-verbal with autism I am always on the lookout for new and better ways to communicate and converse. As can be seen in the report, not all children respond the same using an iPad to interact and learn. But for those who find computers something with which they can engage these new technologies can be life changing. We have seen first-hand how fascinated our son was with the iPad and how quickly he figured out the programs. Like many autistic people he seems to understand computers without any explanation. The touch screen allows him to easily maneuver without great typing (fine motor) skills.
For many families cost of the iPad is still an issue. iPads are still around $500 and the Proloquo2go app (as seen in the video) is $189, though some schools will loan them to families. But for the child who now has fewer temper tantrums due to better communication or who can engage in society without an interpreter, the iPad cost is small compared to its benefits.
This weekend’s show was a little more informal than most. We discussed what it’s like to be an Apple computer owner for the first time, and we touched a little bit on Apple’s performance in the market (as the world’s most valuable company). We discussed the differences between the Verizon and AT&T iPads (yup there’s actually some differences).
We talked about Osama Bin Laden’s opinion of Joe Biden.
We talked about the Tom Hanks narrated campaign ad for Barack Obama.
And you got to/get to meet the multitalented @SooperMexican. If you haven’t met Sooper Mex before, he’s quite a handful. He’s a firecracker, even. He runs his own website, SooperMexican.com, and he also happens to be an artist who’s contributed to MisfitPolitics.co. He’s VERY outspoken on Twitter and has been known to ruffle feathers (mine included), but he’s a passionate conservative, and someone you should really give a chance.
Plus many more topics that were peppered in. You’ll just have to listen right here. (or in the player below)