The market expects way too much of Apple. Apparently Steve Jobs has lost $219M in stock value after he only released the world thinnest subnotebook at MacWorld. Seriously now, you can't release an invention like the iPhone every year.
In fact, it's amazing that a company as big as Apple released a product as innovative as the iPhone. Pick your favorite innovation; DVR, Dyson, etc. etc. It's almost always small companies that lead the way. Big companies are risk averse. When was the last time that Microsoft released something really novel? IBM? Every dog has his day and yes these companies innovate now and again, but it's not all the time.
Apple innovates more than any big company I know. Their stock should still be soaring. The markets need to get some damn perspective and stop trying to kill the goose that laid the golden egg.
Posted by jherr at January 25, 2008 07:19 AMThanks for signing in, . Now you can comment. (sign out)
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