Almost have a new deck! I really like how the BBQ “cubby” has turned out. Considered putting a small fridge where the cabinet is, but once we rent this place out, felt like a potential maintenance hassle. Can always put beers and meat in an ice tub!
Innovator’s Dilemma and Apple
Funny that the Apple Newton was one of the examples he gave of a large company trying to create a disruptive product that meets consumer demands (massively market researched and focus grouped). That was while Jobs was at NeXT. Stands in stark contrast to the iPad (and almost all products under Jobs after his return) that were rarely researched, never put before a focus group and have multiple features consumers had no idea they wanted or needed. And, current Apple products all the way back to the iPod are truly disruptive (look at the death of the music industry and wireless carrier control over handsets).
One Hundred Billion Dollars and Nothing [to Spend It] On
Even before Steve Jobs departure from day-to-day operations, there was a tremendous amount of interest in Apple Inc.’s growing stockpile of cash. Combining Apple’s $76b in cash and investment balance with their theoretical borrowing availability (roughly 1.5x leverage on TTM $20b in EBITDA) gives Steve Jobs and co. the capacity for a $115b shopping spree. Thinking about how Apple develops products and adjacencies, this is what we think Apple should do:
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Before we make the cross country move, I figured it was important to get the Peanut to at least one game at Fenway. Unfortunately, her experience was very much like my first trip to Fenway with the Sox blowing a lead late and losing a key game in the heart of the playoff race. On the bright side, we got an early start on our tour of all MLB stadiums.
Ironically, this enormous tree came down because the ground/roots were so wet that a calm breeze was able to knock it over. Weight of the tree crushed the car roof and popped all four tires. It’s a bummer, it seemed like a very old (and large) tree that was actually in pretty good health.
This type of analysis could actually make twitter, etc. extremely valuable for driving consumer engagement with TV and Film content, improving advertising IRRs and better understanding of the social graph in general.
