Color me a boomer, but recently I’ve had a hard time keeping up with changing events. Seriously, walk away from the news for a few days for a much-needed family vacation and when you get back the whole world has changed.
Just a few weeks ago Apple’s stock was stuck in a dumpster. The FBI was knocking on the company’s door trying to get into an iPhone. Apple’s iPad Pro was perfect for business. President Obama didn’t understand the encryption issue. And in no way was Apple ever going to sell a cheaper iPhone.
A couple of weeks later and all that has changed. The FBI said, “Sorry, Apple. We really don’t need you. We can do it ourselves.” The feds paid a company to crack into the terrorist’s iPhone without Apple’s help. Fortunately for most of us, it was an older iPhone with less security than new models which, ostensibly, would make it more difficult for the FBI or mercenary hackers to break in.
FBI Director James Comey:
Litigation between the government and Apple over the San Bernardino phone has ended, because the government has purchased, from a private party, a way to get into that phone, 5C, running iOS 9
Which might be another way of saying, “We’ll be back!”
Apple’s stock price has surged back into triple digits again and is on something of a roll thanks to a number of market analysts who think the company is undervalued and that the rest of Wall Street doesn’t understand just how valuable the company’s business model really is.
What changed? Laura Martin explains:
Apple is more like Harry Potter than it is like Pixar, as each of its product releases is a “sequel” with an existing base of eager fans, leading Apple to steady revenue among “the wealthiest customers
Two weeks ago Apple was a technology company on the outs, and now the company is like Harry Potter. Whew.
Two weeks ago I thought Apple was doing well in the enterprise, thanks to the iPhone and iPad adoption by IBM. This week I read that Samsung’s new Galaxy Tab-whatever is better than the iPad Pro and more business capable. Matt Miller:
Battery life has been excellent, matching the stated 10.5 hours of battery life. The keyboard also functions very well, which is a key advantage for the Samsung device over an iPad with keyboard limitations.Downloaded movies and streaming video content looked awesome on the high resolution display. If you use your tablet for media, then you will appreciate this large Super AMOLED screen.
Oh, it’s a Windows device. You know the kind. PC on the inside. Notebook on the outside with a touchscreen slapped on it so it can be called a tablet.
Apple shouldn’t worry.
Just a few weeks ago President Obama himself weighed in on the FBI vs. Apple encryption issue and basically said that we iPhone users and encryption users should not be so dogmatic about it because security. Obviously the President has had second thoughts because now the White House (and I assume President Obama still resides there) won’t support draft legislation to require Apple to create a back door to encrypted devices.
I smell a veto.
Just a week or so ago Donald Trump was crushing Republican opponents in the race for the White House and I get back home and turn on the news and the guy had a terrible week and it looks as if the front runner isn’t running so far in front anymore. And poor Hillary Clinton who just a week or so ago was cruising toward the nomination can’t seem to win primaries anymore.
That’s what she gets for using a BlackBerry.
I’m telling you; things are changing so fast I need a scorecard. What’s next? Apple buys Tesla?