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Apple: Follow the Leader
By: David M Gordon   Sunday, June 15, 2008 11:54 AM

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Before all you tech geeks decry that Apple really, truly is not the design and technology leader I, and others, believe it to be, please understand the difference between being the vanguard, the leading edge of the main force, and the cutting (or bleeding) edge.

But Apple's impact on the industry has been greater than its market share suggests. The iPhone has set new standards in design and ease of use. A telling statistic from Mr Jobs is...

The iPhone, with its elegant touch-screen interface, seems likely to be the gadget that sets the direction that others will follow in the era of mobility. To bring that about, Apple is now turning the iPhone into a hand-held computer...

In battle, that difference typically translates as your life; in technology, the difference typically is profits. Apple/AAPL, for the first time in its corporate history, strings together consecutive money-making and profitable years, not just a quarter or two. Its stock reflects these successes.

I really could not write more pithily re the technology revolution that Apple/AAPL leads than does the brief essay from the Economist magazine. So why even try? (Link embedded below.)
-- David M Gordon / The Deipnosophist
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Apple

Follow the leader
Jun 12th 2008 SAN FRANCISCO

From The Economist

Apple ditches its unusual business model to boost handset sales

ALMOST a year after launching what he thinks is the phone to change all phones, Steve Jobs, the boss of Apple, took to the stage again this week to introduce its second version, the iPhone 3G. In the past year Mr Jobs, who had surgery for pancreatic cancer in 2004, has visibly aged. Looking emaciated, he farmed out large parts of his speech, which is usually a big marketing and media event, to other presenters. But he still held the crowd in thrall as ever.

The new iPhone mostly addresses the shortcomings of the old one.

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