Facebook Smartphone a Dumb Idea, Says Farhad Manjoo
beaverdownunder writes "Farhad Manjoo examines Facebook's rumoured entry into the smartphone market, concluding, 'So what would be the point in using the Facebook phone? Well, remember, it will be cheap. But so are lots of Android phones. If Facebook makes a phone, then, the device will necessarily spark a battle for the low end of the phone market, with each company offering ever-cheaper devices in the hopes of cashing in on some future advertising bonanza. If you're looking for a cheap, ad-heavy phone based on a dubious business model, you should rejoice. Otherwise, try to stifle your yawns.'"
Facebook is probably one of the most well known brands in the world. A facebook branded phone would get lots of sales regardless of how well the phone performed.
. . . but consumers are even dumber.
Schroedinger's Brexit: The UK is both in and out of the EU at the same time!
And why should I care what he thinks?
Says random Slashdot poster
I'd tell a UDP joke, but you may not get it. I'd tell a TCP joke, but I'd have to keep repeating it until you got it.
And why should I care about his opinion?
Is this guy a prominent business person? Someone involved in the telecomm industry? An entrepreneur with a dozen tech companies in his portfolio? Or just some reporter desperate to get some page views?
FB stock got its ass kicked last week and there is just constant bad press [..] I'm beginning to think that maybe FB stock price may turn upward.
Of course it may. And then it will crumble, and rise again, and so forth in this fashion. Now before you think that I am being a smartass, here is what I mean (albeit a bit off-topic):
I can see four basic components in this company, and by increasing order of importance they are: a) the server hardware, b) the marketing profile, c) the lawyer layer and d) exploitable user data.
The fact that the stock is "rising" or "dropping" in value is irrelevant: what is relevant, is that there is a stock, and that fb is in the stockmarket: it is essentially now an "immortal" in a corporate sense. Fb may very much so change ownership in the future, and perhaps even see a revamp of its logo (as in a "new-and-changed" product), and that may happen a lot: so the core of it, which is what investors are willing to pump money into, which is user data and profiles, will be "immortal" as well.
That alone guarantees that your data will never ever be deleted, as they have become a valuable commodity- and unless you are a "player" in the stockmarket, or a billionaire looking to acquire it, I don't see why you should care about fb stocks.
The three laws of thermodynamics:(1) You can't win. (2) You can't break even. (3) You can't even quit.