On Virtuous Cycles and Apple Cars..
On occasion, a little hyperbole can make one feel better. But malaise gives way to molar grinding when slavish sycophantism is offered up, instead.
Now that Apple has run out of roadmap for its flagship computer/smartphone/tablet hardware line, it makesperfect sense for the company to go make a car.
You know: if eBay money qualifies you for space travel, then iTunes lucre should get you at least a car company. And the sad thing is the press buying into this hook, line and sinker.
MarketWatch writers have even coined a new term to serve as the mantra for the We Must Be Smart or We Wouldn't Have All This Money dogma: Virtuous Cycle. Read here: http://goo.gl/Nud0K2
Now, I am old enough to have witnessed a couple of these virtuous cycles come and go. Not the least of them was Enron whose black box model for changing a gas pipeline company into a virtual energy company (their words, not mine) which could do no wrong in business was certainly a virtuous cycle. Of course, we know which square Enron landed on when the cycle's end became inevitable.
Forget that Apple has no experience making big things. They'll find folks who do, right? Sure.
Forget that we are nowhere close to being able to supply electrical power- from any combination of sources- to power a complete transition to electric vehicles in the next one hundred years.
And, forget the fact that a company which has never, ever successfully operated a commercial software initiative is expecting to enter into embedded, life-critical software applications development?
Must miracles abound to make this happen? Or just properly shaded glasses?
#apple #applecar #enron #virtuouscycle #iphone #ipad #macbook #elonmusk
Now that Apple has run out of roadmap for its flagship computer/smartphone/tablet hardware line, it makesperfect sense for the company to go make a car.
You know: if eBay money qualifies you for space travel, then iTunes lucre should get you at least a car company. And the sad thing is the press buying into this hook, line and sinker.
MarketWatch writers have even coined a new term to serve as the mantra for the We Must Be Smart or We Wouldn't Have All This Money dogma: Virtuous Cycle. Read here: http://goo.gl/Nud0K2
Now, I am old enough to have witnessed a couple of these virtuous cycles come and go. Not the least of them was Enron whose black box model for changing a gas pipeline company into a virtual energy company (their words, not mine) which could do no wrong in business was certainly a virtuous cycle. Of course, we know which square Enron landed on when the cycle's end became inevitable.
Forget that Apple has no experience making big things. They'll find folks who do, right? Sure.
Forget that we are nowhere close to being able to supply electrical power- from any combination of sources- to power a complete transition to electric vehicles in the next one hundred years.
And, forget the fact that a company which has never, ever successfully operated a commercial software initiative is expecting to enter into embedded, life-critical software applications development?
Must miracles abound to make this happen? Or just properly shaded glasses?
#apple #applecar #enron #virtuouscycle #iphone #ipad #macbook #elonmusk
