Comments on: Bloomberg Grills Roger McNamee

McNamme in Concert with MoonAlice In case you missed it over the weekend, Bloomberg recently interviewed Elevation Partners co-founder (and Palm Director) Roger McNamee on the day of the Palm Pre's UK debut, delving into the usual range of topics that are covered whenever the sometimes over-enthusiastic investor rears his head: what makes Palm a good investment, how the company can survive in a space competing with the likes of Apple and RIM, and what's up with those financial forecasts?

McNamee navigates the minefield with his usual aplomb, repeating his usual talking points: Elevation is in this for the long haul, and it's not about the individual devices, it's about the webOS platform as a whole: "Palm isn't the Pre, and it isn't Pixi. It's webOS." The video is embedded after the jump.

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pump and dump

Gekko @ 10/19/2009 9:50:51 AM # Q

"You know the beautiful thing: June 29, 2009, is the two-year anniversary of the first shipment of the iPhone. Not one of those people will still be using an iPhone a month later. Think about it–If you bought the first iPhone, you bought it because you wanted the coolest product on the market. Your two-year contract has just expired. Look around. Tell me what they're going to buy."

- Roger McNamee - March 2009

RE: pump and dump
rmhurdman @ 10/19/2009 12:09:05 PM # Q
iPhone 3GS.

Or was it a trick question?

RE: pump and dump
jca666us @ 10/19/2009 12:31:24 PM # M Q
lol

mcnamee's reality distortion field generator was on the fritz the day that quote was taken!

Reply to this comment

webOS Intelligence

mikecane @ 10/19/2009 12:55:07 PM # Q
"It will know when you're going to be late for meeting and send out an email letting people know." -- paraphrase.

Um, where is that?

RE: webOS Intelligence
Tim Carroll @ 10/19/2009 1:23:53 PM # Q
It's in there...
Reply to this comment

Broken Record...

surfmaniac @ 10/19/2009 1:41:40 PM # Q
You people sound like a broken record... look at what the company is doing, not at one director who shoots his mouth off on occasion. (How many times are we going to hear that 'June 29 quote... another ten thousand, perhaps?)

RE: Broken Record...
Tim Carroll @ 10/19/2009 2:24:56 PM # Q
You gotta admit, it is a pretty funny quote, surfmaniac.

Almost as funny as "This revolutionary technology is called multi-touch and boy, have we patented it." ;)

RE: Broken Record...
jca666us @ 10/19/2009 2:58:03 PM # Q
Oh well Tim,

7 million people (this quarter) can't be wrong.

RE: Broken Record...
Tim Carroll @ 10/19/2009 3:38:37 PM # M Q
Transformers 2 Rotten Tomatoes Ranking: 19%

Box Office Gross: $832,747,337

Sales figures prove nothing, troll-bot, except that people are sheep. Some are better at herding them than others. Bam-ram-ewe!

RE: Broken Record...
jca666us @ 10/19/2009 3:40:59 PM # Q
Since you brought up rotten tomatoes - nothing's more rotten than the palm pre's sales numbers - hahahahaha...
RE: Broken Record...
jca666us @ 10/19/2009 3:48:16 PM # Q
Since you brought up rotten tomatoes - nothing's more rotten than the palm pre's sales numbers - hahahahaha...
RE: Broken Record...
Tim Carroll @ 10/19/2009 3:53:03 PM # M Q
Oh, what a compelling argument. You've totally disproved my point, as usual. All hail the troll-bot, King of Logic!
RE: Broken Record...
jca666us @ 10/19/2009 4:24:49 PM # Q
>Sales figures prove nothing, except that people are sheep.

Bizarre that you attempt to equate the popularity of a movie with the popularity of an electronics device.

With the sales of high ticket items like phones, some things (such as) quality and usability come into play - areas where the Pre is lacking - which explains it's lackluster sales.

RE: Broken Record...
Gekko @ 10/19/2009 4:42:24 PM # Q

yes, poor analogy. grasping at straws.
RE: Broken Record...
Tim Carroll @ 10/19/2009 6:49:38 PM # Q

Bizarre that you attempt to equate the popularity of a movie with the popularity of an electronics device.

And again, you miss the point troll-bot. My point is that popularity != quality. And the only ppl who care about sales figures are fanboys. The rest of us pick devices based on our own personal needs, not what everyone else is buying.

Gekko:

I ain't grasping at anything, Lizard-Man. Lots of people are buying the iPhone. Lots of people bought the RAZR. McDonald's is the most popular "restaurant" but no one's calling it gourmet cuisine. Britney Spears came, and Britney Spears went. Popularity means sweets dick all.

RE: Broken Record...
Gekko @ 10/19/2009 7:13:02 PM # Q

fallacious argument. McDonald's is #1 in the FAST FOOD segment. McDonald's does not compete in the GOURMET segment. get it?

iPhone competes with Palm in the SMARTPHONE segment. get it?

the market has spoken and popularity within a segment means something. get it?

please no more silly Aussie logic tonight.

RE: Broken Record...
hkklife @ 10/19/2009 7:25:15 PM # Q
Please don't mention Bayformers again. Just like Trek, I'm an "original series" purist. All hail G1 alone!
Pilot 1000->Pilot 5000->PalmPilot Pro->IIIe->Vx->m505->T|T->T|T2->T|C->T|T3->T|T5->Zodiac 2->TX->Verizon Treo 700P->Verizon Treo 755p->?
RE: Broken Record...
Tim Carroll @ 10/19/2009 8:14:53 PM # Q
fallacious argument. McDonald's is #1 in the FAST FOOD segment. McDonald's does not compete in the GOURMET segment. get it?

Yes. Why is McDonald's #1 in fast food, though? It's not the quality: IMO, there are better-tasting, better-value chains out there. Like Coke, McDonald's maintains their stranglehold on the top through an incredibly strong branding and a limitless marketing budget, with a big real-estate advantage. (Pepsi, for instance, consistently wins blind taste-tests against Coke yet simply cannot take down the big C juggernaut.)

Apple has a massively strong brand, a formidable retail presence and a highly successful marketing strategy. All of these factors virtually guarantee that Palm won't be besting them in sales anytime soon, even if the Pre was the greatest phone ever made.

All you can go on is what personally works for you. And a crappy virtual keyboard, an iTunes ball-and-chain, a hermetically sealed battery and Apple's draconian, ridiculous app & development policies mean I won't be picking up an iPhone anytime soon, nor will many others.

Also the fact that idiots like jca666us love it so much. Ew. What a turn off.

Kris:

Please don't mention Bayformers again. Just like Trek, I'm an "original series" purist. All hail G1 alone!

I love TOS. But no DS9 love?
Sometime PIC blogger
Treo 270 --> Treo 650 --> Treo 680 --> Centro
I apologise for any and all emoticons in my posts. You may shoot them on sight.

RE: Broken Record...
jca666us @ 10/20/2009 5:07:58 AM # Q
>Apple has a massively strong brand, a formidable retail presence and a
>highly successful marketing strategy. All of these factors virtually
>guarantee that Palm won't be besting them in sales anytime soon, even if
>the Pre was the greatest phone ever made.

Which the Pre isn't - funny how Verizon is following the same line of attack with the Droid which Palm has with the Pre (multitasking 3rd party apps, real keyboard). What they fail to realize is that it isn't hardware specs, but usability (and the app store) which has allowed Apple to succeed.

>All you can go on is what personally works for you. And a crappy virtual
>keyboard, an iTunes ball-and-chain, a hermetically sealed battery and
>Apple's draconian, ridiculous app & development policies mean I won't be
>picking up an iPhone anytime soon, nor will many others.

Well, considering that the iphone sales have been picking up, you may not be purchasing an iphone (due to your blind allegiance to Palm), but many more people will.

Usability is the key - not loading features in - which is why Palm hasn't even sold 1 million Pre yet.

>Also the fact that idiots like jca666us love it so much. Ew. What a turn off.

oh my, an insult - grow up...

RE: Broken Record...
abosco @ 10/20/2009 8:11:21 AM # M Q
Tim, I disagree with the analogy for one large reason. The device that has the lead gets the most support. In this case, it's developer support, and contrary to all of the media crap about rejecting apps, some of the most undoubtedly high quality programs are available on the iDevice. If you choose the Pre, you get meager support from Palm, a weak software library thus far, and a company who, quite frankly, might die tomorrow.

Two years ago, when I jumped ship, I did so because I saw an awesome platform and a bright future backed by a company that has a recent history of hitting home runs. Palm went 0 for 3 in that count, as evidenced by Gekko clutching his rickety Centro.

RE: Broken Record...
nastebu @ 10/20/2009 8:11:39 AM # Q
Tim Carroll wrote:
The rest of us pick devices based on our own personal needs, not what everyone else is buying.

Tim, you seem to pick your devices based on an unhealthy hatred of Steven Job's sweater collection.

RE: Broken Record...
jca666us @ 10/20/2009 9:58:15 AM # M Q
Obviously Tim's criteria for choosing a device leave much to be desired.


RE: Broken Record...
Tim Carroll @ 10/20/2009 3:18:01 PM # Q
bosco:
The device that has the lead gets the most support. In this case, it's developer support, and contrary to all of the media crap about rejecting apps, some of the most undoubtedly high quality programs are available on the iDevice. If you choose the Pre, you get meager support from Palm, a weak software library thus far, and a company who, quite frankly, might die tomorrow.

That's pretty much all true except for the "meager support" part (palm have been pushing out webOS updates every month) and the "might die tomorrow". Rubbish doomsaying, Bosco. They've got cash, a second webOS phone coming and more carriers. They might not be destined for Apple or RIM-style success - at least not yet - but they're looking pretty healthy to me.

But as for the rejections - it's not because some app that I really want on the iPhone has been rejected that I object. It's that Apple has such power to control the legal selection of apps at all. I would never, ever buy into a platform that was so unreasonably restricted as to censor a dictionary, or or a Twitter app, or apps that "duplicate functionality", or ban Google Voice out of some paranoiac fear of competition. Jailbreaking an iPhone would be the first thing I'd do if I got one... and even now, Apple are still doing their damndest to shut that down. It's a sick attitude.

Compare to Palm's attitude to the homebrewers, and their upcoming no-review app policies. I can get behind that.

nastebu:

Tim, you seem to pick your devices based on an unhealthy hatred of Steven Job's sweater collection.

I don't like Apple. (Had you picked up on that yet? :p ) But I don't avoid their devices based on that alone. I find iTunes a horrible piece of software and avoid it like the plague - tethering my phone to it is a nightmare scenario. I don't like virtual keyboards. And as stated above, their attitude to locking down their devices and stomping on the hackers disgusts me.

Yes, I also hate turtlenecks...

RE: Broken Record...
jca666us @ 10/20/2009 5:10:08 PM # Q
That's pretty much all true except for the "meager support" part (palm have been pushing out webOS updates every month) and the "might die
tomorrow". Rubbish doomsaying, Bosco. They've got cash, a second
webOS phone coming and more carriers. They might not be destined for
Apple or RIM-style success - at least not yet - but they're looking pretty
healthy to me.

Based on Palm's history on *no support*, Palm's latest efforts can best be described as meager support (minor bug fixes).

Let's see if Palm is producing firmware updates for Pixie or (the current) Pre a year from now, or if they're capable of producing updates of the magnitude of the iphone OS 2.x or 3.x.

Palm may not be dead, but they're still in the ICU.

It's that Apple has such power to control the legal selection of apps at all. I would never, ever buy into a platform that was so unreasonably restricted as to censor a dictionary, or or a Twitter app, or apps that "duplicate functionality", or ban Google Voice out of some paranoiac fear of competition.

Well, considering their success, Apple has little reason to change.

Jailbreaking an iPhone would be the first thing I'd do if I got one... and even now, Apple are still doing their damndest to shut that down. It's a sick attitude.

Actually, even though I've jailbroken both of my iphones (and reversed the process), Apple has good reason to obliterate jailbreaking - as it allows people to download apps from the app store for free.

That's not a sick attitude - that's the right attitude.

Compare to Palm's attitude to the homebrewers, and their upcoming no-review app policies. I can get behind that.

That's Palm telling people what they want to hear, in an effort to shore up support for a platform that's going nowhere.

I find iTunes a horrible piece of software and avoid it like the plague - tethering my phone to it is a nightmare scenario. I don't like virtual keyboards. And as stated above, their attitude to locking down their devices and stomping on the hackers disgusts me.

Yes, I also hate turtlenecks...

At least you're being honest in your biases - maybe there's hope for you yet.

RE: Broken Record...
jca666us @ 10/20/2009 7:16:09 PM # M Q
RE: Broken Record...
twrock @ 10/20/2009 7:51:20 PM # Q
Tim Carroll wrote:
Jailbreaking an iPhone would be the first thing I'd do if I got one... and even now, Apple are still doing their damndest to shut that down. It's a sick attitude.

I'm completely with you on this one. I can not stand the Apple attitude. IMO, the iPhone is a fantastic piece of hardware running a pretty good OS and having one incredible amount of third-party support in their app store. Yes, there are flaws, but I'll sure give them credit. However, ...

jca666us wrote:
Well, considering their success, Apple has little reason to change.

Yep, and they won't. And they especially won't when individual after individual proves to them over and over again that Apple can exert that level of control and people will still flock to their products. I have no interest in being one of those people (sheep). I'll vote with my pocketbook and choose the highest level of freedom I can find that still functions well for my needs. Obviously that is not Apple.

Hey Palm! Where's my PDA with Wifi and phone capabilities?
RE: Broken Record...
nastebu @ 10/21/2009 3:54:08 AM # Q
"Highest level of freedom" makes it all sound like a moral crusade. It's a cell phone.

Apple, Microsoft, Palm. There's no moral distinctions here. These are all big corporations who are interested mostly in generating profits. We're not electing a president, we're choosing a cell phone.

Don't buy Apple. Buy Palm. But lord, don't feel morally superior because you bought one product and not another.

RE: Broken Record...
twrock @ 10/21/2009 4:03:45 AM # Q
nastebu wrote:
"Highest level of freedom" makes it all sound like a moral crusade. It's a cell phone.

Apple, Microsoft, Palm. There's no moral distinctions here. These are all big corporations who are interested mostly in generating profits. We're not electing a president, we're choosing a cell phone.

Don't buy Apple. Buy Palm. But lord, don't feel morally superior because you bought one product and not another.

"Moral superiority"?! Who said anything about that? Get a clue. This isn't about moral anything. I don't know what you're on, but maybe the dosage needs adjusting.

Go build your straw men somewhere else.

Hey Palm! Where's my PDA with Wifi and phone capabilities?

RE: Broken Record...
nastebu @ 10/21/2009 7:25:19 AM # Q
why does every argument on pic go ad hominem immediately?
RE: Broken Record...
abosco @ 10/21/2009 7:28:23 AM # M Q
Yeah, I get it. You want a system that is the most open because that will spur the best hardware and the freedom to create the best software.

Palm decided to use an HTML-based programming environment. Yet Apple has 85,000 programs in it's App Store, more people developing for it than there are current Pre customers, and two billion downloads. So that doesn't seem to be working out for them.

Google decided to go the Microsoft route, allowing freedom of hardware and software, but instead making it open source so that licensees can tweak their own handsets. Yet Apple is the one who has sold almost 40 million iPhones alone (not including iPod Touch). It turns out that Android is being put on all the same hardware that Windows Mobile has been put on and, surprise, the sales numbers are not exactly breaking anybody's back.

In the mobile space, tight integration is king. Apple is second to none in that department in every aspect of it's platform. The software that has been locked out (Google Voice, tethering, 3G TV) does not interest me enough. I value that huge app selection and iTunes library that much. If it's not worth it to you, that's fine. But be warned, you'll probably be left on Asian forums finding unsupported software hacks to do things the device should be doing in the first place, much like Palm OS 4, or be waiting for Google to update their OS, only to have to wait for Motorola to fix it up and make it live as well.

Meanwhile, I'll take my TomTom voicing, Kindle ebook reading, Quickoffice writing, EA Sports playing iPhone and be on my merry way. As will millions else.

RE: Broken Record...
twrock @ 10/21/2009 8:08:49 AM # Q
nastebu wrote:
why does every argument on pic go ad hominem immediately?

Maybe in this case it's because statements like "But lord, don't feel morally superior because you bought one product and not another." are seen as ad hominem and responded to in kind.



Hey Palm! Where's my PDA with Wifi and phone capabilities?

RE: Broken Record...
twrock @ 10/21/2009 8:38:47 AM # Q
abosco wrote:
Yeah, I get it. You want a system that is the most open because that will spur the best hardware and the freedom to create the best software.

If that's what you think I mean, then no, I don't believe you do get it. Maybe the most open system will result in those things and maybe it won't. But even if it doesn't, it's worthwhile to try. There is value to me in trying to avoid artificial controls and in trying to create the potential for even more freedom.


....Yet Apple is the one who has sold almost 40 million iPhones alone (not including iPod Touch). It turns out that Android is being put on all the same hardware that Windows Mobile has been put on and, surprise, the sales numbers are not exactly breaking anybody's back.

These statements and the rest of what you wrote reinforce my belief that you don't get what I am saying. You keep bringing up the numbers, the sheer "volume" as the evidence that one company's way is superior to another's. If I were investing in stock, that would matter to me too. I'm not. On the desktop, I do not think Microsoft's products to be better just because they have the numbers. Neither do I think Apple's numbers mean anything when it comes to purchasing a smartphone. What matters to me is choosing a highly functional smartphone that meets my requirements (obviously different than yours based on the list you gave as examples of what you find valuable) and at the same time avoids me being just one other person who contributes to a reduction in freedom.

And by the way, if somehow Android ever passes Apple in marketshare, will that mean that it is the better choice? Seems to be the logical conclusion of your argument, but I don't think you are willing to agree with that statement.


Hey Palm! Where's my PDA with Wifi and phone capabilities?

RE: Broken Record...
abosco @ 10/21/2009 9:50:47 AM # M Q
For a lot of people on this site, Palm OS suited their needs well. Look what happened. Kris is probably on his sixth T|X, and Gekko is on his second (third?) Centro.

There is something to be said about the market leader. Application development and ecosystem integration are a few of them. It ensures that the platform will prove to be a good investment for the future. You won't be left holding the shaft with an unsupported device on a rickety old network with tons of invested time and money into a platform that is essentially dead because of a lack of interest.

RE: Broken Record...
mikecane @ 10/21/2009 4:47:09 PM # Q
>>>There is something to be said about the market leader.

Only that is has numbers, nothing more than that.

RE: Broken Record...
twrock @ 10/21/2009 4:48:02 PM # Q
abosco wrote:
For a lot of people on this site, Palm OS suited their needs well. Look what happened. Kris is probably on his sixth T|X, and Gekko is on his second (third?) Centro.

And even there, fascinatingly, Palm was the market leader! Basing ones purchasing decisions on who is the current market leader is then obviously no guarantee of what you say in the paragraph that follows. Maybe Apple will stay the market leader; maybe they won't.

There is something to be said about the market leader.

Yes, there is plenty to be said about the market leader, some very good, and some very bad. Apple as the market leader looks worse to me than even Microsoft as the market leader. If I can help it, I no longer wish to help any tech company gain a monopoly in any area when that company is completely "closed" and in total control. I instead am willing to take the risk of going with some other company/product that is "open", that supports freedom by their business practices.

I'm not a purist, and I am willing to make plenty of compromises. But buying Apple goes way beyond a "compromise".

BTW, will Android be the "better" choice if it surpasses the iPhone in marketshare? :-)

Hey Palm! Where's my PDA with Wifi and phone capabilities?

RE: Broken Record...
jca666us @ 10/21/2009 5:14:13 PM # M Q
Maybe Apple will stay the market leader; maybe they won't.

If Apple releases no new innovations in the iPhone for the next three years except for a rehashed iPhone with an innovative case that comes in "4 amazing colors" then they would no longer be a market leader.

RE: Broken Record...
mikecane @ 10/21/2009 5:21:43 PM # Q
>>>If I can help it, I no longer wish to help any tech company gain a monopoly in any area when that company is completely "closed" and in total control. I instead am willing to take the risk of going with some other company/product that is "open", that supports freedom by their business practices.

This is increasingly my own view too.

However, I defend Apple because I think they have a master plan -- and I also think it's *inevitable* that iTunes Store *must* become a *platform*, with Apple releasing its monopolistic grip. Even Apple will come to that conclusion -- although I bet they already have. But they are not Microsoft and won't throw any shit at a wall, hoping it will stick. This is why we haven't seen a frikkin iTablet. I say let them enjoy their rightful profits for now as they line up everything for the day they can't escape.

You know how everydamncompany imitates Apple. So when Apple goes all-open, all those other dominoes will follow too.

RE: Broken Record...
nastebu @ 10/21/2009 5:47:19 PM # Q
mikecane wrote:
However, I defend Apple because I think they have a master plan -- and I also think it's *inevitable* that iTunes Store *must* become a *platform*, with Apple releasing its monopolistic grip. Even Apple will come to that conclusion -- although I bet they already have. But they are not Microsoft and won't throw any shit at a wall, hoping it will stick. This is why we haven't seen a frikkin iTablet. I say let them enjoy their rightful profits for now as they line up everything for the day they can't escape.

I think it's safe to say that if being too closed starts costing Apple money, they'll open up. Right now being closed down and tightly wound is making them a pile of cash, so it's kind of crazy to expect them to suddenly change their story.

I don't know enough about programing to say, but isn't it possible that keeping the OS closed so far has helped Apple work out the bugs? The late distribution of the SDK seems smart in retrospect. They took a year to get the basic OS right, then they opened it to third party programers with enormous success.

Maybe that's the actual trend Apple is taking, what Cane calls the "master plan."

RE: Broken Record...
twrock @ 10/22/2009 12:33:22 AM # Q
mikecane wrote:
.... So when Apple goes all-open, all those other dominoes will follow too.

How I wish that really was the plan. But I haven't seen anything out of Apple that leads me to believe that is going to happen.

nastebu wrote:
I think it's safe to say that if being too closed starts costing Apple money, they'll open up. Right now being closed down and tightly wound is making them a pile of cash, so it's kind of crazy to expect them to suddenly change their story.

Not only will I agree with that, I'd go even further. Jobs is probably willing to lose money just to keep control. (Of course it will be spun as being some other reason for not letting go.)

Hey Palm! Where's my PDA with Wifi and phone capabilities?
RE: Broken Record...
abosco @ 10/22/2009 6:40:10 AM # M Q
If that's true, then why did Apple get DRM off iTunes music? Doesn't that refute what you just said?

They're capable of opening things up IF there's more money to be made in doing so.

RE: Broken Record...
freakout @ 10/22/2009 6:45:55 AM # Q
twrock:
If I can help it, I no longer wish to help any tech company gain a monopoly in any area when that company is completely "closed" and in total control. I instead am willing to take the risk of going with some other company/product that is "open", that supports freedom by their business practices.

I'm not a purist, and I am willing to make plenty of compromises. But buying Apple goes way beyond a "compromise".

This. So this. +1,000,000

RE: Broken Record...
twrock @ 10/22/2009 7:18:59 AM # Q
abosco wrote:
If that's true, then why did Apple get DRM off iTunes music? Doesn't that refute what you just said?

They're capable of opening things up IF there's more money to be made in doing so.


Yep, opening up "other people's" stuff. :-)

But you may well be right. Maybe money trumps control with Steve. But then again, I wouldn't be surprised to find out it's the other way around.

"...but they are the gatekeepers. They are guarding all the doors, they are holding all the keys, which means that sooner or later, someone is going to have to fight them."
(I love that movie.)

Hey Palm! Where's my PDA with Wifi and phone capabilities?

RE: Broken Record...
mikecane @ 10/22/2009 12:29:20 PM # Q
>>>so it's kind of crazy to expect them to suddenly change their story.

>>>But I haven't seen anything out of Apple that leads me to believe that is going to happen.

And where did you two guys with perfect vision ever see the *iPhone* coming? Was it all those viral videos Apple did to pre-hype it? Was it Steve Ballmer warning everyone, "The iPhone is coming OMFGZ!!!"?

NO one saw the iPhone coming. All we heard whispers of was a "phone" -- and NO ONE -- NO BLOODY ONE -- saw the revolutionary UI the iPhone brought.

Apple changes things out of the blue.

Within three years, I think you'll see it.

RE: Broken Record...
Gekko @ 10/22/2009 1:32:17 PM # Q

"Each year the prediction industry showers us with $200 billion in (mostly erroneous) information. The forecasting track records for all types of experts are universally poor, whether we consider scientifically oriented professionals, such as economists, demographers, meteorologists, and seismologists, or psychic and astrological forecasters whose names are household words. In fact, these experts whose advice we pay handsomely for routinely fail to predict the major events that shape our world, or even the major turning points--the transitions from status quo to something new--whether it be the economy, stock market, weather, or new technologies. Recent events that caught the forecasters by total surprise include the 1987 stock market crash and its subsequent rapid recovery to record heights; the entry of women into the workforce in massive numbers; the fall of communist Eastern Europe; the Gulf War; the decisive Republican victory in 1994 congressional elections; all recessions, including the crash of 1929 and recent, smaller blips in the financial markets; the use of lasers to transmit telephone messages (even though the phone company's researchers at Bell Labs invented it); and the floods in the Mississippi River valley in the summer of 1993 and those that plagued California during the winter of 1995. How could all our experts miss calling the fall of communist East Berlin? With all our massive investment in foreign intelligence and our aggressive news media, how did such a momentous event elude them? Why wasn't it predicted months ahead--or even the day before? No doubt you could name an expert or two who predicted some big, surprising event. But ... did they really? It is very hard to distinguish a long-shot direct hit from pure chance. The laws of probability dictate that if thousands of forecasters make thousands of predictions, someone at some time is bound to make a spectacular direct hit. Typically, these lucky few enjoy their fifteen minutes of fame before sinking back into the ranks of mediocrity as they revert to meting out egregiously wrong forecasts. A prime example is the stock market guru Elaine Garzarelli, who is said to have predicted the 1987 stock market crash--the worst since the Great Depression. At no time before or after this famous forecast has she ever made any similar long-shot forecasts that proved to be true. In fact, her long-term stock prediction track record is rather poor, judging from the performance of a mutual fund she ran for seven years. During this time, her fund increased 38 percent while the Standard & Poor's 500 Index increased 62 percent. Her employer at the time finally shut down the fund in August 1994." - William A. Sherden – "The Fortune Sellers"

RE: Broken Record...
twrock @ 10/22/2009 5:10:12 PM # Q
mikecane wrote:
>>>But I haven't seen anything out of Apple that leads me to believe that is going to happen.

And where did you two guys with perfect vision ever see the *iPhone* coming? Was it all those viral videos Apple did to pre-hype it? Was it Steve Ballmer warning everyone, "The iPhone is coming OMFGZ!!!"?

NO one saw the iPhone coming. All we heard whispers of was a "phone" -- and NO ONE -- NO BLOODY ONE -- saw the revolutionary UI the iPhone brought.

Apple changes things out of the blue.

Within three years, I think you'll see it.


Come on Mike. Your talking about Apple's fantastic ability not only to innovate, but to create those "gotta have" products. I'm talking about a culture of openess. A "culture"! You really think they are going to have a massive culture shift come right out of the blue and surprise us all?! My jaw will hit the floor from my mouth dropping open so fast if that happens. No, I can not believe that is going to happen.

That "sphincter" is closed tighter than the carriers' are.


Hey Palm! Where's my PDA with Wifi and phone capabilities?

RE: Broken Record...
BaalthazaaR @ 10/23/2009 10:06:31 AM # Q
mikecane wrote:
But they are not Microsoft and won't throw any shit at a wall, hoping it will stick. This is why we haven't seen a frikkin iTablet. I say let them enjoy their rightful profits for now as they line up everything for the day they can't escape.

I'll give them that, they are very capable of keeping things under wraps and are not likely to release something that won't sell (anymore anyway). I think that a tablet is in the works and is closer that people think. I think it will most likely be ARM based and running the iPhoney OS . This I believe because of their acquisition of P.A. Semi (2007 I think?) who have loads of talent and plenty of experience with low power consumption chip designs (based on the PowerPC design) and lots of prior experience with ARM designs. I also believe that they seriously considered staying with the PowerPC chips, but ultimately the cheaper cost of the Intel chips is what made the decision for them.

DISCLAIMER: I have no relevant stock positions and I'm not an insider, but did a lot of reading on P.A. Semi back when they were an independent start-up and was confused by the Intel switch. It made no sense technically, but did make business sense considering Intel's probable price point. They could also move on it sooner than if they had waited for P.A Semi volume supplies.

mikecane wrote:
You know how everydamncompany imitates Apple. So when Apple goes all-open, all those other dominoes will follow too.

Not as many as you think.. While they have original ideas, a lot of their ideas have been better marketed/better implementations of existing ideas.

Reply to this comment

hippies like hype

Gekko @ 10/19/2009 4:15:30 PM # Q

and Apple keeps getting it done the old fashioned way...

Apple shares soar on earnings report
Mac and iPhone sales soar, sending quarterly profit up 47%. Stock hits record high in after-hours trading.

http://money.cnn.com/2009/10/19/technology/apple_earnings/index.htm?postversion=2009101917


RE: hippies like hype
surfmaniac @ 10/19/2009 7:17:35 PM # Q
Great products... and GREAT stock (paid for my first triplex). Stay long until Jobs sh*ts the bed, which I hope is no time soon.

(and fyi, I was using Mac computers when they didn't even have hard drives... not to date myself or anything.)

MS

RE: hippies like hype
Gekko @ 10/19/2009 7:22:49 PM # Q

i've never bought an Apple product in my life and i don't care for their politics - but i have to respect all that they've accomplished.

RE: hippies like hype
gmayhak @ 10/19/2009 8:26:30 PM # Q
Gekko,
I spent my computer life on Microsoft stuff except for a Apple IIe a long time ago. December '08 I bought a Mac Mini and an iPod Touch to look into doing iPhone apps, I'm still totally amazed at the easy transition and the quality hardware and software!
No joke, the windows stuff sucks compared to OSX and Palm will never produce the quality of produces that come from Apple.

Gary
Tech Center Labs

RE: hippies like hype
BaalthazaaR @ 10/20/2009 6:47:25 AM # Q
Gekko wrote:

i've never bought an Apple product in my life and i don't care for their politics - but i have to respect all that they've accomplished.

Hate to sound like Lizardman here, but I've never bought an Apple product and I haven't seen anything to change my mind.

On the other hand, I have bought Macroshaft products, and never will again.

RE: hippies like hype
SeldomVisitor @ 10/20/2009 6:59:45 AM # Q
I don't understand the Microsoft enmity, frankly.

I've used uSoft products for decades and they've done a fine job of whatever I needed them for. Right now I use XP and am content with it (other than the multitudes of folks "out there" trying to break into it). It's doing what I want it to do (mostly nothing other than handle the processing of NON-uSoft software) and allows others in my family to do what they want to do, too.

Sure, I have Ubuntu running "elsewhere" but that really was simply because I wanted to try it out and have a development environment that I was intimately familiar with (Unix programmer since the mid-70s). But I could have survived with uSoft.

Do I like uSoft's top-most management? No, I think he's a failure as a CEO and a jerk to boot.

But the uSoft products I use seem to be just fine.


RE: hippies like hype
abosco @ 10/20/2009 7:53:50 AM # M Q
Gekko, owning an Apple product does not transform you into a liberal. I've owned two iPhones, just bought an iMac in the summer, and I'm interested in the iProd/iPad/iTab. I still vote (R) and (I), trickle-down works, and the national debt is obscene. Does that prove my point?
RE: hippies like hype
nastebu @ 10/20/2009 7:58:57 AM # Q
I really am baffled by the association of Apple with any politics. What politics? Apple is a computer company. It's users span the political spectrum.

I'm very leftist, and have owned Palm, PCs, and for the last few years several Apple laptops. What about it?

RE: hippies like hype
hkklife @ 10/20/2009 8:29:26 AM # Q
I've always been a Wintel guy myself, simply because of the bevvy of games available and the value proposition/customization ability of the platform.

That said, I've been consistently frustrated with Windows forever and think the time is nigh for Microsoft to throw backwards compatibility out the window and rewrite the entire OS. For example, it's definitely time to get rid of the damned registry! Windows 7 is the first Windows I can finally recommend without hesitation. Also, on the heels of affordable ultraportables (CULV) and netbooks, I predict a solid if not spectacular launch for Win 7. I also think Microsoft will finally be getting some of those businesses back onboard with upgrades who have been dragging their feet ever since XP's appearance 8 long years ago.

I've never owned an Apple product aside from that hideous Apple IIc my parents bought me years ago and my current iPod 160GB. And I only got the iPod because it's sadly the only modern, high-capacity, non-flash mp3 player remaining on the market.

If I had the budget and space to accomodate a full-blown Mac setup, I'd gladly give it a shot. And I'm a Republican on fiscal and defense matters with liberal leanings as far as education, religion, sex, censorship etc...a true paradox I am! Back OT: I have been threatening to build a Hackintosh PC for over a year now and one of these days I'll make good on those threats!
Pilot 1000->Pilot 5000->PalmPilot Pro->IIIe->Vx->m505->T|T->T|T2->T|C->T|T3->T|T5->Zodiac 2->TX->Verizon Treo 700P->Verizon Treo 755p->?

RE: hippies like hype
surfmaniac @ 10/20/2009 12:37:11 PM # Q
You're not a paradox, you're a libertarian.

RE: hippies like hype
Tim Carroll @ 10/20/2009 4:27:21 PM # Q
Never owned Apple. Never will. (well, maybe an iPod Touch someday, but I'll never use one as my main carry-around device). I'm running a Vista / Ubuntu dual-boot setup lately.

Politically? Center-left. I don't really understand extremists on either side, but since the right-wing seems to be generally dominated by xenophobes and religious fanatics, it makes me want to steer clear...

RE: hippies like hype
jca666us @ 10/20/2009 5:11:35 PM # Q
Why would you buy an ipod touch?

I thought the Pre did everything the ipod touch does.

RE: hippies like hype
BaalthazaaR @ 10/21/2009 9:54:36 AM # Q
SeldomVisitor wrote:
I don't understand the Microsoft enmity, frankly.

I've used uSoft products for decades and they've done a fine job of whatever I needed them for. Right now I use XP and am content with it (other than the multitudes of folks "out there" trying to break into it). It's doing what I want it to do (mostly nothing other than handle the processing of NON-uSoft software) and allows others in my family to do what they want to do, too.

Sure, I have Ubuntu running "elsewhere" but that really was simply because I wanted to try it out and have a development environment that I was intimately familiar with (Unix programmer since the mid-70s). But I could have survived with uSoft.

Do I like uSoft's top-most management? No, I think he's a failure as a CEO and a jerk to boot.

But the uSoft products I use seem to be just fine.

As a UNIX programmer, you find macroshaft products just fine? Well, it must be just me then...

RE: hippies like hype
mikecane @ 10/21/2009 4:46:18 PM # Q
Gekko seems to forget that his bitch-god Rush Limbaugh is all-MAC.
RE: hippies like hype
nastebu @ 10/21/2009 5:55:21 PM # Q
mikecane wrote:
Gekko seems to forget that his bitch-god Rush Limbaugh is all-MAC.

So is Charles Johnson from littlegreenfootballs.

RE: hippies like hype
gmayhak @ 10/21/2009 8:04:19 PM # Q
You anti-Apple guys are all weird! You're missing out on some of the best technology on the planet. Why? Because buying these great pieces of hardware labels you? Buying these great pieces of hardware helps turn everyone into sheep? Get a Fn grip, Apple is leading in quality, support, innovation, quality, quality, etc. Why settle for second best?
Disclaimer... I've always been a total Palm supporter but there comes a point when a reality check is in order.

Gary

Tech Center Labs

RE: hippies like hype
twrock @ 10/22/2009 12:41:21 AM # Q
gmayhak wrote:
Disclaimer... I've always been a total Palm supporter but there comes a point when a reality check is in order.

Gary

LOL. Thanks for the honesty.

I covered the "why" I don't choose Apple elsewhere. With me it isn't about a label; it's a philosophy. That might change, but since "second best" is either really close to being "as good", or possibly is or will very shortly become "better", it fortunately means I won't be suffering much by my choice of "second best".

Hey Palm! Where's my PDA with Wifi and phone capabilities?

RE: hippies like hype
jca666us @ 10/22/2009 5:05:01 AM # Q
Philosophy won't mean much when your Pre goes on the fritz and Palm can't support it.
RE: hippies like hype
Gekko @ 10/22/2009 5:24:25 AM # Q

Published: Thursday, 22 Oct 2009 | 6:23 AM ET

Microsoft CEO Steve Ballmer on competing with Apple and Google

http://www.cnbc.com/id/33419795/site/14081545


RE: hippies like hype
Gekko @ 10/22/2009 5:25:18 AM # Q

Published: Thursday, 22 Oct 2009 | 6:23 AM ET

Microsoft CEO Steve Ballmer on competing with Apple and Google

http://www.cnbc.com/id/33419795/site/14081545


RE: hippies like hype
twrock @ 10/22/2009 6:18:49 AM # Q
jca666us wrote:
Philosophy won't mean much when your Pre goes on the fritz and Palm can't support it.

How hard is it for you to get into your head that I HAVE NO INTENTION OF BUYING A PRE?! Go irritate someone else with your routine who actually might be willing waste time on you and argue the point.

(And if some of you wonder why older people get so "curmudgeonly", well, right here you have one good example of why.)

Hey Palm! Where's my PDA with Wifi and phone capabilities?

RE: hippies like hype
freakout @ 10/22/2009 6:38:50 AM # Q
You anti-Apple guys are all weird! You're missing out on some of the best technology on the planet. Why? Because buying these great pieces of hardware labels you? Buying these great pieces of hardware helps turn everyone into sheep? Get a Fn grip, Apple is leading in quality, support, innovation, quality, quality, etc. Why settle for second best?

Lol. At a bbq last week, discussion turned to Apple products. I brought up the meme that Apple has good build quality. Everyone at the table who had previously owned a Apple product proceeded to regale me with tales of broken iPod screens, dead unreplaceable batteries, busted iPhone mute switches, overheating laptops...

I'd say those that need to get a grip are those that have bought into this idea that Apple is somehow so much better than all the other tech companies out there, when they're really just turning into a worse version of Microsoft in the 90's.

Any platform that dictates what I can and cannot install on my own hardware with deliberate lockouts is far more deserving of the title "second-best", IMO.

RE: hippies like hype
Gekko @ 10/22/2009 6:48:33 AM # Q
RE: hippies like hype
freakout @ 10/22/2009 7:02:11 AM # Q
It's alright. But peas in a pie? Mate. There's something that's just... so... wrong about it. Better is the beef & curry pie, or the Hot Dog de Wheels... without the peas.

And I've never been to Rockpool. Too freaking expensive! Harry's is much more to my tastes, and my budget...

RE: hippies like hype
Gekko @ 10/22/2009 7:04:59 AM # Q

vegemite on toast daily?
RE: hippies like hype
freakout @ 10/22/2009 7:08:53 AM # Q
Semi-daily. Goes good with boiled eggs.

Speaking of both Vegemite and Apple, Kraft tried to name their new cream-cheese-and-Vegemite blend "iSnack 2.0". Went down like a f*cking lead balloon. Worst. Name. Ever.

http://www.theage.com.au/business/media-and-marketing/unhappy-little-vegemites-vent-their-fury-over-isnack-20-20090928-g997.html

RE: hippies like hype
twrock @ 10/22/2009 7:29:06 AM # Q
Funny, but it seems every culture has it's own version of some nasty tasting fermented crap that the local people love and no one else can understand how a normal human can eat the stuff. Australians: Vegemite. Chinese: stinky tofu. Koreans: kimchi. Norwegians: lutefisk. And the list goes on.

Hey Palm! Where's my PDA with Wifi and phone capabilities?
RE: hippies like hype
rmhurdman @ 10/22/2009 8:18:01 AM # Q
I never had the courage to try chou dofu, when I lived in Taipei or when I went back to visit. Is it really as bad as it smells?
RE: hippies like hype
SeldomVisitor @ 10/22/2009 8:46:54 AM # Q
Nothing is as bad as it smells.

Smell fish sauce. Then use it in cooking. BIG difference.

Stinky tofu is amazingly stinky but once it's past your lips and shut off from you external (*) sense of smell, tastes fine.

(*) Of course, there's still the internal smell pathway but that somehow isn't as bad once the sense of taste gets involved.


RE: hippies like hype
Gekko @ 10/22/2009 11:55:43 AM # Q
RE: hippies like hype
SeldomVisitor @ 10/22/2009 12:41:53 PM # Q
> ...[duck embryos in the shell]...

I have a couple of brother-in-laws (at LEAST a couple) who love those.

RE: hippies like hype
Gekko @ 10/22/2009 2:02:36 PM # Q
RE: hippies like hype
twrock @ 10/22/2009 5:03:46 PM # Q
rmhurdman wrote:
I never had the courage to try chou dofu, when I lived in Taipei or when I went back to visit. Is it really as bad as it smells?

Courage man, courage! Smells like the dirty socks you find in a high school locker room at the end of the year that no one is willing to claim and take home to wash. Taste only slightly not as bad. ;-)

No, actually I believe the only responsible thing to do is to try everything whenever you get the chance. Then of course, not only do you have bragging rights, you can legitimately claim, "Yes, I have tried that, but I prefer .... [pretty much you can put anything here and still maintain some semblance of politeness]."

Not that the flavor was all that bad, but I was really grossed out when I ate stir-fried cockroaches in Thailand. Now the crickets, I actually chose to have seconds of those.

Hey Palm! Where's my PDA with Wifi and phone capabilities?

RE: hippies like hype
mikecane @ 10/22/2009 5:10:05 PM # Q
WTF? When did this become Teh Strange Food Channel?
RE: hippies like hype
Gekko @ 10/22/2009 5:29:16 PM # Q

microwave pizza again tonight?
RE: hippies like hype
abosco @ 10/22/2009 6:51:11 PM # M Q
You got a laugh out of me on that one.
RE: hippies like hype
SeldomVisitor @ 10/23/2009 3:19:31 AM # Q
> ...When did this become Teh Strange Food Channel?

Nothing to talk about with Palm; may as well talk about disgusting foods instead.

RE: hippies like hype
mikecane @ 10/23/2009 8:30:46 AM # Q
>>>microwave pizza again tonight?

And today too. They were on sale!

RE: hippies like hype
Gekko @ 10/23/2009 8:49:50 AM # Q

just curious - what brand and flavor pizza?

and what are you washing those down with? coke? pepsi? generic? other?

RE: hippies like hype
SeldomVisitor @ 10/23/2009 8:51:15 AM # Q
The Spousie is home sick today (more or less). Asked me to make her "water rice" aka "congee" for some or "jook" to others. Anywho, not one to shirk my culinary duties I...of course...looked up congee recipes online just to see if I could make it a little more interesting. Finally decided on one that had as one of its main ingredients "century eggs".

How perfectly apropos for this thread!

http://en.wikipedia.org/wiki/Century_egg

Nah, didn't happen to HAVE any century eggs (I've always known them as Thousand Year Old Eggs) though probably could have hopped over to the local Asian market to get 'em.

But the water rice turned out fine, anyway.

RE: hippies like hype
BaalthazaaR @ 10/23/2009 10:24:04 AM # Q
gmayhak wrote:
You anti-Apple guys are all weird! You're missing out on some of the best technology on the planet. Why? Because buying these great pieces of hardware labels you? Buying these great pieces of hardware helps turn everyone into sheep? Get a Fn grip, Apple is leading in quality, support, innovation, quality, quality, etc. Why settle for second best?
Disclaimer... I've always been a total Palm supporter but there comes a point when a reality check is in order.

Gary

Gary, I really respect your opinion, but I really don't see Apple as having the best tech on the planet. Their only real innovation and good idea in recent times was the multi-touch on their iPhoney.

Reply to this comment

OT: Big Cellphone Makers Shifting to Android System

Gekko @ 10/25/2009 7:42:22 PM # Q

October 26, 2009
Big Cellphone Makers Shifting to Android System
By SAUL HANSELL

Since 1996, Microsoft has been writing operating systems for little computers to carry in your pocket. It was a lonely business until the company's perennial rival, Apple, introduced the Web-browsing, music-playing iPhone. But now that smartphones are popular, Microsoft's operating system, Windows Mobile, is foundering.

More cellphone makers are turning to the free Android operating system made by Microsoft's latest nemesis, Google.

Cellphone makers that have used Windows Mobile to run their top-of-the-line smartphones — including Samsung, LG, Kyocera, Sony Ericsson — are now also making Android devices. Twelve Android handsets have been announced this year, with dozens more expected next year. Motorola has dropped Windows Mobile from its line entirely in a switch to Android. HTC, a major cellphone maker, expects half its phones sold this year to run Android. Dell is using Android for its entry into the cellphone market.

All four of the largest carriers in the United States have now agreed to offer Android phones. When the first Android handset, the G1 from HTC, was introduced last fall, only T-Mobile offered it. Now, Verizon, the largest carrier, is putting a huge promotional push behind the Droid from Motorola, set to be introduced this week. Even AT&T, the home of the iPhone, recently said it would join the Android party next year.

Google is rapidly introducing updates to Android, each named after a bakery sweet. Version 1.5 (cupcake) came out in April, version 1.6 (donut) appeared in September. Version 2.0 (éclair) is expected to appear on the Droid.

http://www.nytimes.com/2009/10/26/technology/26android.html?_r=1&partner=rss&emc=rss


RE: OT: Big Cellphone Makers Shifting to Android System
Tim Carroll @ 10/25/2009 9:36:13 PM # Q
It's news like this that shows Google's real motivation for getting into the mobile OS business: to suffocate Microsoft, who will never compete with "free". By the time WinMob 7 is ready nobody may want it anymore...
RE: OT: Big Cellphone Makers Shifting to Android System
jca666us @ 10/25/2009 11:14:30 PM # Q
forget winmob - webos is just as dead.
RE: OT: Big Cellphone Makers Shifting to Android System
nastebu @ 10/25/2009 11:33:22 PM # Q
Given how much effort MS has put into the Zune, and also their decision to open retail stores, and all this talk about "Pink," isn't the consensus that MS will release a branded phone rather than just another OS? The Zune software seems to have become quite good.
RE: OT: Big Cellphone Makers Shifting to Android System
SeldomVisitor @ 10/26/2009 3:43:12 AM # Q
I'm waiting for Palm's first Android device...

Reply to this comment

webOS in a year??? Better than the iPhone!

focr6 @ 10/26/2009 7:43:30 PM # Q
even now, every time my friends ask me to borrow my phone, they are just speechless, about how useful, fast and easy to use is... most of these guys have either an iphone or WM phone. i used to be a WM user, and i liked it, but, webOS is just efficient, and thats very important!!! i know how to use an iphone better than every one i know. and i dont want to get an iphone, i know all the things that lacks, and most of all, the worse network ever(I live in the DC area, Verizon rules here, and sprint is right after)

dont get me wrong, the iPhone is a great phone, but ATT? come on!!! since i got my phone, almost 2months ago, 2 of my friends switched to sprint, and 3 other ones upgraded to the pre, and a few more are waiting on their contract to expire... to get a pre.

is not so much about the phone/hardware... is THE SYSTEM/OS, then the network.

P.S. im still pissed to the fact that, I HAVE NO VIDEO CAMERA!

RE: webOS in a year??? Better than the iPhone!
Gekko @ 10/26/2009 8:04:46 PM # Q

which is it? webos better than iphone in a year or better now? you contradict yourself, chachi. try again.
Reply to this comment

Google Android Is Killing Palm

Gekko @ 10/27/2009 8:43:16 AM # Q

Google Android Is Killing Palm (GOOG, PALM)
Dan Frommer|Oct. 27, 2009, 11:10 AM

Palm shares are down 20% this month, including a 4% drop today.

Why?

Concern that Google's Android operating system is gaining ground at more carriers -- at the expense of Palm and its new WebOS.

This morning, BMO Capital Markets analyst Tim Long downgraded Palm to "Underperform," citing Android's rise.

"In general, we believe Android will step up in importance at many operators, which, ex-Sprint, would put PALM in the position of fourth OS (AAPL, RIMM, Android) and sometimes even lower," he said in a note today.

Long says shipments to Sprint peaked after one month, though the Pixi -- coming next month -- could provide "a small bump," albeit cannibalizing Palm Pre sales.

Meanwhile, Long expects Palm devices to ship at Verizon Wireless -- the largest U.S. carrier -- next year, but Verizon has recently indicated it will be putting a lot of its marketing weight between Android, including its "Droid" series. It also has a new, exclusive BlackBerry -- the Storm 2 -- to promote, and it could eventually sell (and promote) the iPhone. All of this is bad for Palm.

"Finally," Long writes, "we believe Europe is off to a slow start and it will be difficult for PALM to build brand awareness." This is a valid concern: While Nokia is historically the strongest there, Apple and RIM are catching up, leaving little room for Palm.

http://www.businessinsider.com/google-android-is-killing-palm-2009-10

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