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Apple's churning of the gut

eliainsider.com

11–20 of 30 posts

Re: Apple's churning of the gut

#11
An interesting argument. I've thought for years that the reason why this stuff happens with Apple and nowhere else is their vaunted secrecy. Nobody else clams up like Apple does, which leaves a void for tech-press dummies to gleefully fill up with whatever silly shit they invent, which of course is exactly what they do.

But more generally, Apple is different from any other company near its size. The secrecy is one big difference, but there are others such as their approach to product development. These fundamental differences cause cognitive dissonance in the people the article talks about. These people are taught to think that Apple products are the same as what everyone else makes, just better-marketed and way more expensive, therefore Apple customers are status-seekers, not rational consumers. But Apple's incredible success makes it difficult to seriously hold that viewpoint anymore. You could think that when Apple's customer base was a handful of people who worked in movies and graphic design, but not anymore.

Re: Apple's churning of the gut

#12
>What interests me more is why does this stuff keep happening in Apple’s name? No one comes out and says this crap about Samsung, Google, Nokia, RIM, Microsoft or any other big name in technology. It’s all Apple, all the time.

Err what? I've seen this happen to every company on that list.

For example, lets take Nokia. Three months after launching the Lumia 900, they discounted the price on contract at AT&T from $99 to $49. This led to a huge cacophony all over the internet with a lot of publications reporting "Nokia discounts phone by half", totally ignoring the fact that it was on contract price, so the price discount was closer to 10% and was totally normal. There was no such hype when other Samsung, HTC etc. phones were dropped in price as part of the normal pricing cycle of such phones.

http://www.telegraph.co.uk/finance/newsbysector/mediatechnol...

Nokia, RIM and Microsoft are some of the most beat down companies in analysis and news. The "news" is universally junk and has more to do with attention grabbing headlines and flamebait, regardless of the companies involved.

I think the author is suffering from a huge selection bias.

Re: Apple's churning of the gut

#13
post #8
post #5

You're stating as fact that this kind of reporting happens to Apple and not to other tech companies. But that has hardly been established. I often see dubious news stories about several of the companies on your list, and back and forth discussion about those stories. So I'd add a fifth explanation: You're seeing lots of these stories because you're following people who blog about Apple. If you're bored of bogus Apple…

>> So I'd add a fifth explanation: You're seeing lots of these stories because you're following people who blog about Apple . Is this your gut saying it can't possibly be true that Apple attracts lots of negative press mainly because it has been King of the Hill for so long, when it comes to fat profit margins and popularity? I couldn't disagree with you more. Sure enough other companies get unjustified bad press eve…

> "each and every website, even if it's only remotely related to technology, appears to be populated with people who can't resist the urge to slam Apple for whatever is the popular Apple-fail-du-jour."

Is that because they actually hate Apple, though? Or is it just a function of the emotional attachment Apple creates?

Consider what we'll call "The Oprah Example".

Oprah doesn't remotely write or talk about technology that often. And far more people in Oprah's audience will have Windows PCs and Android phones than Macs and iPhones.

But Oprah is far more justified in talking about Apple. (And she does.) Because those people in her audience who have Apple devices likely have an emotional bond with them. And they will appreciate a story about Apple. Whereas even those people with Android phones and Windows PCs in her audience almost certainly don't give a damn about Microsoft or Samsung. They likely don't even know off-hand who manufactured their devices.

Not that Oprah herself parrots component order stories. But it's the same mechanism in other places that do. People care about Apple. Ergo they will actually read about Apple. Any number of blogs might have a grudge against Sony or Samsung or Microsoft, and repeat negative stories about those companies, but the fact that no-one really cares about those companies means that they necessarily fall flat.

So the "dog pile" on Apple that you perceive doesn't exist because people hate Apple for its success. It's because people have emotional opinions about Apple and thus will actually read stories about Apple.

Indeed what you see as a dog-pile against, many people who dislike Apple see as a mindless cult that gets outsized press because the newspapers and hollywood are full-fledged devotees to the cult.

They're two views on the same mechanism: the emotional reactions Apple generates.

And the proof of this is as simple as looking to the way that Apple has long commanded a slice of the public consciousness that far outweighed its marketplace relevance. It's only fairly recently that their user base was large enough to justify the press they already had.

Re: Apple's churning of the gut

#14
post #8
post #5

You're stating as fact that this kind of reporting happens to Apple and not to other tech companies. But that has hardly been established. I often see dubious news stories about several of the companies on your list, and back and forth discussion about those stories. So I'd add a fifth explanation: You're seeing lots of these stories because you're following people who blog about Apple. If you're bored of bogus Apple…

>> So I'd add a fifth explanation: You're seeing lots of these stories because you're following people who blog about Apple . Is this your gut saying it can't possibly be true that Apple attracts lots of negative press mainly because it has been King of the Hill for so long, when it comes to fat profit margins and popularity? I couldn't disagree with you more. Sure enough other companies get unjustified bad press eve…

No, I'm saying that the whole premise of this being somehow a unique Apple phenomenon is clearly wrong. I've seen tons of negative press for at least Google, Microsoft, Nokia and RIM.

Further, I'm speculating that the reason the author thinks this is an Apple phenomenon is because his put his head inside the Apple echo chamber. Which is fine, people can get their news from any source they want. It's just that complaining about it makes little sense.

Re: Apple's churning of the gut

#16
>" There is no way, the gut tells folks, that Apple can continue growing at the current rate. There’s no way! "

Apple's stock price was on a parabolic growth trend. Sure, this time could be different, but history says that such growth is unsustainable. Combine that with the "intangibles" (Jobs' death) and the recent price correction isn't shocking.

Why is every movement in Apple news? Because it's one of the planet's most recognizable brands and biggest companies. Those are things that make news.

Re: Apple's churning of the gut

#17
post #14
post #8

Earlier quoted context omitted.

>> So I'd add a fifth explanation: You're seeing lots of these stories because you're following people who blog about Apple . Is this your gut saying it can't possibly be true that Apple attracts lots of negative press mainly because it has been King of the Hill for so long, when it comes to fat profit margins and popularity? I couldn't disagree with you more. Sure enough other companies get unjustified bad press eve…

No, I'm saying that the whole premise of this being somehow a unique Apple phenomenon is clearly wrong. I've seen tons of negative press for at least Google, Microsoft, Nokia and RIM. Further, I'm speculating that the reason the author thinks this is an Apple phenomenon is because his put his head inside the Apple echo chamber. Which is fine, people can get their news from any source they want. It's just that complai…

[deleted]

Re: Apple's churning of the gut

#18
So far as the stock value is concerned, Apple's peak stock value assumed a continued high rate of growth.

I don't know if that's possible.

In the last few years, Apple dominated (practically created) two product categories: digital music players and smartphones.

If Apple is going to keep growing like this it needs something bigger than the iPhone. What's it gonna be? An iTV? An iCar, a complete line of iKitchen appliances? A Buckminister Fuller-style iHouse?

I just don't see how they can find an opportunity like that without losing focus.

Re: Apple's churning of the gut

#19
>Apple was the underdog for so long and now that it is one of the biggest and most successful companies in the world, well, we can’t root for them anymore.

Uh... I think the patent abuse, App Store censorship, and attempting to normalize a paradigm where one needs the hardware vendor's permission to run software have something to do with antipathy towards Apple.

Re: Apple's churning of the gut

#20
It goes both ways.

Until recently, there were an avalanche of positive stories about Apple. Some of it are overstated.

What did the author think of too much positive news about Apple back then? He's only reacting now because it's negative.

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