Apple Reportedly Considering Huge Investment In Twitter
The NY Times reports that Apple has internally discussed an investment into Twitter to the tune of hundreds of millions of dollars. From the article:
"There is no guarantee that the two companies, which are not in negotiations at the moment, will come to an agreement. But the earlier talks are a sign that they may form a stronger partnership amid intensifying competition from the likes of Google and Facebook. Apple has not made many friends in social media. Its relationship with Facebook, for example, has been strained since a deal to build Facebook features into Ping, Apple's music-centric social network, fell apart. Facebook is also aligned with Microsoft, which owns a small stake in it. And Google, an Apple rival in the phone market, has been pushing its own social network, Google Plus. 'Apple doesn't have to own a social network,' Timothy D. Cook, Apple’s chief executive, said at a recent technology conference. 'But does Apple need to be social? Yes.'"
With all of their assets in the bank, they could do more R&D or they can start absorbing other companies. Looks like we know what their plan is now; I expect Apple technology to be at the same level as everybody else, from here on out.
actually use twitter? In my mind, all it is is vendor-locked-down RSS feeds for monkeys with short attention spans. Does that intersect with Apple's userbase at all?
Now I'll _have_ on to Google plus..
With Apple's huge pile of cash they could shell out a few bucks to improve their file manager. It's a child's toy compared to what it should have evolved into by now. The path bar is something so sad that even I could have designed it. The dock is nasty, too. And they could add some preference options for people who come from normal computing backgrounds -i.e., ones where the Home and End keys actually move to the beginning and end of the current line. Gee, that'd be awesome, wouldn't it? It won't even cost much, either. But will Apple lift so much as a finger to even consider improving what they already have in lieu of dreaming up more shiny to distract users from the fact that some aspects of their OS have been crappy from day one??? Nope. Because they're utterly hopeless. I'll stick to my Linux, thanks.
I fail to see anything but Dutch tulips in this. What can Apple possibly gain here, in real terms, not "Uhm we need to be social" lingo?
I could understand Google's, FB's, even MS' interest; they all found ways to monetize eyeballs, even though FB is still trying to mature and Bing seems to be moving backwards. But Apple? They sell high-end hipster equipment. What do they need a free SMS spamming service for? I can already tell the world what I had for breakfast and which mobile device I elected to publish this momentous bit of information with, I'm not sure more integration will make my customer experience better in any meaningful way.
Oh, I'm reasonably sure Twitter would find a way to quickly burn through it. These internet startups don't seem to manage for the long term at all - and why should they, since the founders' intent is usually to maximize profit and then cash out?
#DeleteChrome