You’ve no doubt heard by now that Apple came up short of expectations. Realistically, it isn’t as big of a deal as analysts and investors are making it out to be. But the iconic innovator has bigger problems than iPhone sales. It’s too busy being king of the mountain, while forgetting what got it there in the first place. Throwing sand in competitors’ eyes Apple (Nasdaq: AAPL) is really irritated. One of its biggest rivals recently took over as number one smart phone purveyor. How could they do that?! The nerve of those people! “Those people” are Samsung (OTC: SSNLF.PK). I understand the need…
You can continue reading this story now by entering your email below
You’ve no doubt heard by now that Apple came up short of expectations. Realistically, it isn’t as big of a deal as analysts and investors are making it out to be. But the iconic innovator has bigger problems than iPhone sales. It’s too busy being king of the mountain, while forgetting what got it there in the first place.
Throwing sand in competitors’ eyes
Apple (Nasdaq: AAPL) is really irritated. One of its biggest rivals recently took over as number one smart phone purveyor.
How could they do that?! The nerve of those people!
“Those people” are Samsung (OTC: SSNLF.PK). I understand the need to stay competitive, but Apple needs to keep in mind why it was so successful in the first place, instead of tying Samsung’s shoelaces together when it isn’t looking.
In what could be the most middle-school way ever of admitting defeat, Apple said that Samsung cheated its way to becoming the biggest smart phone company by volume. Really, Apple? They cheated their way there? What’s next … did Samsung copy your science project, too?
Oh wait, that’s exactly what Apple claims.
Apple invented a geometric shape
According to Tim Cook’s legion of lawyers, Samsung copied the design of the iPhone and iPad in creating its own devices.
Without getting too caught up in a theoretical discussion, I’d like to lay Apple’s claim to rest.
As tablets and smart phones rose to the top of consumer electronic greatness, it was a race to see who could make the best, most well-designed product first. I think Apple won that game hands down, but that doesn’t mean they own the concepts. Ergonomically, smart phones and tablets need to be rectangular. Circles just don’t make sense. We need to be able to hold a smart phone with one hand, because it’s still a phone, and needs to be convenient.
Basically, Apple is arguing that Samsung stole its novel idea of a rectangle. If you can prove in court that you invented the rectangle, Apple, then I think you deserve global supremacy. But, as the Bay-area court will likely realise, it’s a tough argument to claim rights over geometry.
In that case, maybe Greek philosopher and mathematician Euclid should be suing you for stealing his material. I hear he needs the cash.
Everyone is guilty
Samsung has counter claims against Apple, citing a bunch of patent mumbo jumbo, and that Apple wouldn’t have sold one iPhone without Samsung.
Let’s get something straight here: You all copied each other. There’s no single company that came up with every bit of technology available on the market today. It just didn’t happen. So instead of pointing fingers at each other, just keep making great stuff, and sell it to us — we will buy all of it, I promise.
Get back to work
I doubt that the lawyers you hired are working pro bono, unless that means that they listen to U2. With the US$110 billion in cash that you’re making into paper airplanes and flying over to law firms, why don’t you, instead, let Samsung enjoy its holiday in the sun, and get back to business. You’re the most innovative company on the planet, Apple. I have a hard time believing there’s nothing better to do with your money than send the families of Morrison and Foerster LLP to Cabo.
And Samsung, the same goes for you. You guys make every TV ever, so why are you squabbling about patents? I really need a 65” LCD for US$100, so please figure out how to make that happen.
These companies are suffering from seriously dumb cases of a God-complex. And, in the meantime, sales are down, and Wall Street analysts are angry.
Apple, get out of the courtroom, and go back to your underground lair full of PhDs. They’re getting hungry.
You’re wasting our time and our money.
If you’re in the market for some high yielding ASX shares, look no further than our “Secure Your Future with 3 Rock-Solid Dividend Stocks” report. In this free report, we’ve put together our best ideas for investors who are looking for solid companies with high dividends and good growth potential. Click here now to find out the names of our three favourite income ideas. But hurry – the report is free for only a limited time.
- Australian dollar flying high – Aussie tourists to benefit
- Some win, some lose as market moves higher
- Property trusts getting exciting again?
The Motley Fool‘s purpose is to help the world invest, better. Take Stock is The Motley Fool’s free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead. Click here now to request your free subscription, whilst it’s still available. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
A version of this article, written by Michael Lewis, originally appeared on fool.com