#bloomberg

Jordan Kahn:

Bloomberg also has plans to integrate new features into the experience that will be first of their kind on the Apple TV. Most notably, the company is planning integration with the existing push notifications it delivers as “tune-in alerts” through its iOS apps. Users will eventually be able to select preferences for notifications right within the Apple TV app that will be displayed on both the TV and mobile devices connected to the same Bloomberg account. The company didn’t say how exactly notifications would work on the TV, or if Apple is involved with the development of the feature. It’s also considering interactive ads. As an example, Okaro described a user pressing a button when viewing an interactive ad to pull up more in-depth product information. Before those features, the company will roll out an update in coming weeks that will enable playlists that sync between Apple TV and its iOS apps.

Creeping ever closer to the future of apps on Apple TV…

A great response by Felix Salmon to some nonsense from Dennis Berman. My two favorite parts:

Berman concedes that Apple is an extremely rare outlier in the corporate world: it makes a lot of money without having to invest a huge amount up front. Most companies which aren’t Apple, by contrast, have to borrow and invest a huge amount of money before they can start generating earnings. Berman’s bright idea, here, is that if Apple is fortunate enough not to have to go into massive debt to finance its investments, then, er, it should go into massive debt anyway, just because everybody else is doing it.

When basically everything with your business seems too right, something must be wrong. So throw it all away and dive into massive debt. Makes total sense.

And:

Apple should be run a bit like Bloomberg: as a profitable company which pays well, which concentrates first and foremost on making its product as great as possible, and which doesn’t try to be something it’s not, or allow itself to be distracted with financial engineering. Sometimes its stock will go up, and sometimes its stock will go down. But the company, and its core values, will endure.

Nah. That would be rational. Instead, go into debt for no reason.

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.

And:

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.

And:

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.

And:

Yet Apple has never been good at working with other companies. If it knew how to do that, it would be Microsoft Corp.

And:

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.

And:

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.

Nailed it.

I mean…

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.

[thanks Tobin]

Erick is underwhelmed by Bloomberg/Businessweek’s iPad app, but I like it. It’s not trying to do too much, it’s just a solid recreation of the magazine that’s simple to navigate — and as such, nice to read.

Most importantly, it’s $2.99 a month. Compare that to New York Times which is $20 a month (for tablet only). Yes, one’s a daily while the other is a weekly — still, $2.99 is much easier to swallow.

The other huge plus of the Businessweek app is that by keeping it simple, issues are extremely light — under 50 MB. Compare that to other iPad magazine apps with issues that are approaching a GB.