Thoughts on Technology

One of the biggest advantages of being the editor of this daily blog is that I have to stay up to date on technology (more or less, that is). I will admit there are times that I fall behind, sometimes far behind, but I do my best.

One of the biggest changes I’ve seen in the past few years is the rise of the Phablet and the fall of desktops and laptops. This paradigm shift has had a serious impact on the value of company’s stock.

Ever since the late Steve Jobs returned to running the iFruit company after his initial ouster, there was a steady climb in their stock price. They were producing great products and were doing magnificent marketing. People actually believed that Apple was an innovative company and couldn’t wait to spend BIG bucks on their products.

It didn’t matter that the iFruit folks didn’t make the first MP3 player, people believed the iPod was the first. The iPhone was a late arrival in the Smartphone arena but people believed they were the first. There were PDAs and Tablets LONG before the first iPad came out but people believed Apple was first.

The result of this mind warping was that the price of iFruit stock went sky high. A year ago people were talking about the potential of iFruit stock going to unheard of levels. There were pundits predicting $1,000 a share (or much higher!!). How far off can anyone get?

Without the slightly crazy mind of Steve Jobs leading them they are in the doldrums. Their stock price continues to drop, it is now only half the price of Google stock. Since Google is their main competitor (along with Google’s partner Samsung, of course) this doesn’t look good for their iFuture.

I’ve never been one of their FanBoyz but I wish them well. We need competition to stay healthy.