Matthew Lynn, January 14, 2007:
To its many fans, Apple is more of a religious cult than a company. An iToaster that downloads music while toasting bread would probably get the same kind of worldwide attention.
Don’t let that fool you into thinking that it matters. The big competitors in the mobile-phone industry such as Nokia Oyj and Motorola Inc. won’t be whispering nervously into their clamshells over a new threat to their business.
First, Apple is late to this party. The company didn’t invent the personal computer or MP3 player, but it was among the pioneers of both products. Yet there is no shortage of phones out there. There are already big companies that dominate the space, all of whom will defend their turf. That means Apple will have to fight hard for every sale.
Yet Apple has never been good at working with other companies. If it knew how to do that, it would be Microsoft Corp.
Lastly, the iPhone is a defensive product. It is mainly designed to protect the iPod, which is coming under attack from mobile manufacturers adding music players to their handsets.
It won’t come from the iPhone. Apple will sell a few to its fans, but the iPhone won’t make a long-term mark on the industry.
I’m absolutely flabbergasted. Where to begin? Nokia Oyj?!
Hindsight is 20/20 and all that. But come on. What a huge jackass. If he had said the exact opposite of everything he said, he would have been much closer to the truth than he was.