Comments
Re: Self-cannibalization
Absolutely yes. It's difficult to be agile and innovative during an economic downturn.
And yet that's when it's most important. It's during the downturn that the winners of the next upturn prepare their game.
mpouraryan
1/27/2016 1:20:35 PM User Rank Platinum
Re: Self-cannibalization
The challenge is to make sure the "right bet" is made. The winners are out there--and through our deliberations here, we can help with the on-going dialogue by assessing what works and what are the potentials.
mhhf1ve
1/27/2016 1:23:10 PM User Rank Platinum
Re: Self-cannibalization
The Buffet quote that might apply here is: "Be Fearful When Others Are Greedy and Greedy When Others Are Fearful."
During a downturn, it's difficult for many to try to do innovative new things, but that is when no one else is....
Re: Self-cannibalization
Two areas where innnovation is fruitful: Finding something that's a good idea, badly executed, like Apple did with smartphones and MP3 players. And doing something that everybody knows is stupid, but turns out everybody is wrong.
mpouraryan
1/27/2016 1:31:59 PM User Rank Platinum
Re: Self-cannibalization
...and Apple itself with Newton as well!!! Although it appears that it has its' work cut out as it has to go beyond ipHone despite having had a record quarter overall. Going against the conventional is just as fruitful--and I can truly attest to that with my quest in my current startup, the Daily Outsider. :)))
Re: Self-cannibalization
Exactly so! The Newton proved tablets were a failure, but Apple came out with the iPad anyway.
Though iPad sales have slowed recently, the devices has a large, loyal fan base.
mpouraryan
1/27/2016 1:34:57 PM User Rank Platinum
Re: Self-cannibalization
...and it is soooooooooooo powerful and beautifully designed. To me, it is like those Sun Devotees (and I was one of them).
mhhf1ve
1/27/2016 6:48:26 PM User Rank Platinum
Re: Self-cannibalization
> Though iPad sales have slowed recently, the devices have a large, loyal fan base.
Only Apple really knows how many Apple Watches it's sold, but it's pretty clear that smartwatches aren't going to be the next iPod -- because I haven't seen too many kids wearing watches these days (smart or otherwise).
I'm thinking Apple might surpise everyone with smart wireless headphones or something... Take out the 3.5mm headphone jack from the iPhone and force everyone to start using wireless earbuds.... and then start getting interesting smart earbuds and hearing aids going.
https://www.kickstarter.com/projects/hellobragi/the-dash-wireless-smart-in-ear-headphones/description
Re: Self-cannibalization
Regarding smart earbuds: Audio is an underrated channel for a kind of augmented reality. Send alerts and narrate surroundings using voice and sound. It's already common to see people walking around wearing Bluetooth earpieces.
There are also reports Apple is getting into virtual reality, and of course smart cars.
All of which will require transformation to telco networks!
batye
2/3/2016 2:41:14 PM User Rank Platinum
Re: Temporary distinction
@mpouraryan yes, as at this times if you do not grow big you will fail... and Oracle just scop them :)
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