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Howdy, I'm MG Siegler. I’m a general partner at CrunchFund and a columnist for TechCrunch. This is where I collect things.

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"Apple iPhone Will Fail"

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]

Tags apple bloomberg iPhone tech jackassery

16 Linkbait-y Dumbass Reasons NOT To Buy A New iPad

Reads like parody, but is sadly just click bait. Click bait spread over three pages, no less.

Some of the intro is pretty great though:

I tell you this because about 55 million of your fellow tech consumers have been lining up like lemmings, getting ready to jump off the iPad cliff, once again. Don’t get me wrong. I acknowledge that there is some value to an iPad. But just because all your friends are buying the latest and greatest “new” iPad (what we previously thought would be the iPad 3), that doesn’t mean you have to, as well.

Reads even better when you consider the ending:

Yes, I’ve ordered one.

So what are the 16 reasons? Well, one is “you already have an iPad”, stating that the odds are that you already have an iPad — because clearly most people in the world already do. Another is that Apple doesn’t allow porn in the App Store. Another is that it’s too big, which directly contradicts the earlier stated reason that the screen is too small. Related: another is that “it’s still not 16x9”. 

The rest range from poorly thought-out, to poorly argued, to garbage.

Truly great list.

Tags apple ipad tech jackassery

The Wall Street Journal Is Fucking Bullshit

Earlier today, I broke some news.

I don’t typically do this anymore given my new job. But from time to time this will happen. But if you read The Wall Street Journal, you’d never know. Why’s that? Because they’re fuckheads who don’t credit actual sources of information.

I know, I know. I’m ranting again. But indulge me for a few minutes.

I broke the news that Apple acquired the app search/discovery platform Chomp at 4:01 PM today. At 6:06 PM — over two hours later — WSJ reported the story as well. But oddly, with no mention of my original story. 

This was odd both because, again, I reported the same information two hours earlier. And because it was at the top of Techmeme, which everyone in the industry reads. And every single other publication linked to my story. 

…More

Tags apple blogging chomp on tech wall street journal jackassery

Bat. Shit. Crazy.

Looks like someone woke up from his nap of the last three years and is hungry. Sadly, I don’t have much food for him. I’ll keep this as brief as possible — and I promise this will be the last thing I ever say about Dan Lyons, as he’s clearly done.

Feel free not to read. Or read Michael Arrington’s post on the matter. He takes a higher road than I’m about to. I’m just sick of Lyons’ bullshit.

The truth is that I pre-responded to Lyons earlier today before he even wrote his post. You could see it coming. What I wrote yesterday directly attacks the way he makes a living. When you do that, people get irrationally upset and write posts like the one Lyons just wrote. Just to reiterate, the line that applies here from the film Moneyball:

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Tags blogging jackassery on tech dan 'dickhead' lyons

DEAR HENRY BLODGET: Don’t Mean To Be Rude, But It’s Possible That Twitter Knows More About What It’s Doing Than You Do

Gotta love Henry Blodget. About once a week he busts out the caps lock key to draw attention to his latest rant. The best ones include some variation of the wording “don’t mean to be rude” in the title. 

The only problem is that often these missives are misguided, or flat-out wrong.

Back in October, Blodget wrote the following story: ATTENTION APPLE FANS: Samsung Blowing Past Apple To Become The Biggest Smartphone Vendor Is Not Good News. Looking back, on the surface alone, the post looks ridiculous now because — wait for it — Apple actually passed Samsung in sales again last quarter. But the real key is that his entire argument was fundamentally flawed for a number of reasons, which I laid out at the time

Anyway.

…More

Tags henry blodget jackassery tech twitter on

Apple $500

Remember a month ago when Robert X. Cringely predicted that there would soon be an “insurrection” at Apple to overthrow Tim Cook?

“If you are wondering when Apple will peak, well we’re about there folks,” Cringely wrote.

Since then, Apple has posted holy-fucking-shit earnings (in their first official quarter under Cook). And the company is now a full $100 billion more valuable than it was when Steve Jobs passed away.

Apple’s stock nearly touched $500 a share today. It will probably hit it tomorrow. The company’s market cap surged past $450 billion. It will hit $500 billion soon.

The second most valuable company in the world is Exxon — at $400 billion. Apple is worth more than Microsoft and Google — combined.

What’s the opposite of an insurrection?

Tags tech stock apple jackassery