Posts for Tag: bill gates

Apple blows away earnings numbers ... but let's all take a chill pill

As expected, Apple destroyed it's Q3 2011 earnings forecasts. It seems like nothing can bring down this juggernaut. But 15 years ago a little company called Microsoft was doing the exact same thing. Year after year, nothing could stop Microsoft's dominance of the computer industry. Bill Gates and Steve Ballmer would high-five at analyst meetings where they reported billions upon billions in profits every quarter. Today, Microsoft is still reporting billions of dollars each quarter in profits but they're no longer the king of jungle. But remember, everything is a cycle. It is with absolute certainty that I say Apple will one day falter and another company will step up to claim the crown. Whether it's Microsoft, Google, Facebook or some new entry, somebody will take them down. Such is life in tech.

Google and Yahoo search deal goes down ... Good thing?

So news comes today that Google has pulled out of its proposed search advertising deal with Yahoo. I once said that an independent Yahoo is good for the entire online ecosystem. I still believe that today but I have a hard time thinking that Yahoo can survive without the added cash-flow that the Google deal would have provided. The latest amended deal sent to Congress would have limited the time-frame of the deal to two years and set the maximum revenue that Yahoo could generate from Google at 25% of its search revenue. I thought this was a great compromise but I guess that wasn't what Google had originally wanted.

My first job was at a database marketing consulting firm which had Apple as its client. This was back in 1996 when Apple wasn't doing too well. Gil Amelio was CEO and the company was floundering. One of his final acts was to buy NeXT which would lead to his eventual ousting and the return of Steve Jobs. I remember in 1997, Steve Jobs is giving one of his first "Stevenotes" and in the middle of the speech, who would appear on the big screen behind him but Bill Gates to announce a $150 million investment in Apple. Thought sacrilegious at the time, this investment would provide the capital that Apple needed to carry out its plans to launch the first generation iMac and iBook. The rest is history. Maybe Yahoo needs something similar - a little jolt of outside investment from an old enemy. The question is ... Microsoft or Google?