441–443 of 443 posts
I remember Sergey skydiving onto the roof of Moscone in 2012, and everyone getting one of those cool Nexus Q media players which they never actually released so they all ended up as landfill. https://en.m.wikipedia.org/wiki/Nexus_Q
Earlier quoted context omitted.
Hacker crowds like to see underdogs win. Apple was the ultimate underdog for most of its existence, and was "doomed" every year up until around 2013. There's no mental gymnastics involved, no upstanding hacker respects "standards" unless they're better for the user (often they're not). It is a matter of taste and preference. Remember, Microsoft also was for a LONG time an attractor of hackers, until the early-mid 90s…
Maybe for people of a certain age. But there is a whole generation of people (some of whom are on HN) who have only ever known a world where everyone wanted the latest iThing. It's been probably 15 years since you could seriously consider Apple an underdog in the tech space.
The days of Apple basing their business on shiny new iThings are mostly past it, Airpods notwithstanding. Now they’re in pure optimization mode, and going deep into content and services.
Earlier quoted context omitted.
Hacker crowds like to see underdogs win. Apple was the ultimate underdog for most of its existence, and was "doomed" every year up until around 2013. There's no mental gymnastics involved, no upstanding hacker respects "standards" unless they're better for the user (often they're not). It is a matter of taste and preference. Remember, Microsoft also was for a LONG time an attractor of hackers, until the early-mid 90s…
This is probably the most absurd comment that I've read so far in 2023. Apple is a 2.73 trillion dollar company, and single-handedly makes up 13.3% of the entire S&P 500 index. The iPod was launched 22 years ago. Apple hasn't been remotely an "underdog" for over a generation now.
Apple’s valuation and PE ratio only became in line with its peers around 5-6 years ago. It was priced as if it were about to go bankrupt for much of its history , even after the iPhone was released, convinced that Apple just HAD to go out of business, or hit a ceiling, or whatever.
History is also littered with quotes from competition that didn’t take them seriously: Dell, HPE, Samsung, Google, Microsoft, Facebook.
The absurdity isn’t that Apple was thought to be an underdog, it’s that so many never took them seriously. Perhaps the main reason Apple is as big as it is now is because wall street and the competition refused to take them seriously? If they did, we’d have a more balanced industry.