Tuesday, March 27, 2007

Winner: Apple

I agree with Ruvi’s statement that technology companies are just trying to keep up with their competitors. This is just a casual observation, but it seems that most firms are just flailing. Things are changing so rapidly that it doesn’t appear many have a concrete defined strategy. The only company that appears to have a calm and steady strategy is Apple. Business is messy, and inside Apple things may be going crazy, but with iPhone and iTV, Apple is steadily capitalizing on media convergence. Perhaps Wall Street is picking up on this, too. Apple’s stock is up 56% over the past year. Meanwhile, Sprint, who is aggressively pushing its WiMax technology, is down 25%.

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