There is no doubt the influence of Jobs has been hugely important in making Apple the company it is today.
However, IMHO will continue its onward march, not least because the market has been well aware of Jobs’ health issues and there is certainly no ‘Jobs premium’ built into Apple’s valuation.
It is not by chance that Apple is the success it is. This is a company that:
has a strategy well in place for the mid-term
is dominant in the tablet market – a market that has barely considered adolescence let alone maturity
is leader in the smart phone market
though it still only has single figure market share in the PC market, IMHO will continue to take share.
This company does not wait to see what the market wants – it creates what the market did not know it wanted but when it has it, it wants more. It will continue so to do.
It also have a strong competitive position: Apple has developed some quite unique barriers to entry through the iTunes store and the AppStore – which has the effect of creating much ‘stickier’ customers. Additionally, through being vertically integrated they can now not only produce the best product but can do so at the best prices – their competitors are desperately struggling to match the iPad price without making losses.
For sure, Apple will not be better without Steve Jobs but I hope that he has injected enough of his DNA into the company to let her continue this success story without him.
All the best to Tim Cook, new CEO, who has already proved himself extremely capable.
Amazon, eBay and Alibaba See Largest Global Audiences
In June 2011, Amazon Sites had the largest global audience among the the retail and auction sites analyzed, with more than 282 million visitors, representing 20.4 percent of the worldwide audience age 15 and older accessing the Internet from a home or work location. eBay was not far behind with 223.5 million visitors (16.2 percent reach), followed by China’s Alibaba.com Corporation, which includes sites such as Taobao, Alibaba.com and Alipay, with 156.8 million visitors (11.3 percent reach). Apple.com Worldwide Sites saw its global audience eclipse 134 million visitors, representing nearly 10 percent of all Internet users.
Select Retail and Auction Sites Ranked by Unique Visitors (000); June 2011; Total Worldwide Audience, Visitors Age 15+ – Home/Work Locations Source: comScore Media Metrix
Total Unique Visitors (000)
Total Internet : Total Audience
Apple.com Worldwide Sites
Geographical Visitation Analysis for Retail and Auction Sites
Analysis of the geographic composition of visitors to these select retail and auction sites revealed a mix of both globally distributed audiences and more regionally concentrated audiences. Amazon Sites and Apple.com Worldwide Sites showed more globally distributed audiences compared to most other brands in the study.
On the other hand, China’s Alibaba.com Corporation (85.7 percent) and Japan’s Rakuten, Inc. (72.7 percent) reach sourced the vast majority of their traffic from the Asia Pacific region.
Regional Audience Composition Analysis of Select Retail and Auction Sites; June 2011; Total Worldwide Audience, Visitors Age 15+ – Home/Work Locations Source: comScore Media Metrix
We all know that Apple is quite greedy on the App Store. Moreover, Apple is explicitly forbidding applications from including a ‘buy’ button within the apps themselves that link to an external payment flow: this is why you can’t buy an ebook using Amazon Kindle App on the iPhone/iPad.
In a recent report, Nielsen has stated that in U.S. Smartphone Market, Android is Top Operating System, Apple is Top Manufacturer.
We all know that Google has a business model for Android that goes far beyond the “simple” device sales figures (read something about it here, and listen to what Schmidt has to say on this subject). But are we sure that the people in MV aren’t missing something?
Apple captured two thirds of available mobile phone profits in Q2. Take a moment to let that sink in. Apple now controls over 66 percent of all the profits amongst the major players in the mobile space. HTC, RIM, LG, Sony-Ericsson, Samsung Motorola, and Nokia combined for the other 33 or so percent of profits in the space (with a few of them: Nokia, Motorola, LG, and Sony actually losing money).
It seems that smartphone roaring sales are crushing Nokia Chief executive Stephen Elop’s transition plan. The lack of news on the upcoming (?) Nokia-Windows phone and the shift towards hi-end products (i.e. Apple Iphone and Samsung Android-equipped devices) coming from emerging countries have lead in Q2 2011 to a $692 million loss, the second in the history of the Finnish company.