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Apple Is Outdated, Says Chinese Conglomerate LeEco CEO (cnbc.com)
An anonymous reader shares an article on CNBC: Apple is "outdated" and losing momentum in China, billionaire entrepreneur Jia Yueting told CNBC in his first international television interview. "Apple only has individual apps. This was the right choice during the first generation of mobile net, when CPUs [central processing units] and the mobile network speeds were not fast enough," Jia said. "However now we're moving into the next era of mobile internet, these problems no longer exist. Moreover, having separate apps just means great obstacles in the user experience. We hope to break down these obstacles. One of the most important reasons [for slowing sales] is that Apple's innovation has become extremely slow," he said. "For example, a month ago Apple launched the iPhone SE. From an industry insider's perspective, this is a product with a very low level of technology... We think this is something they just shouldn't have done. [...] The Watch hasn't cut it. And they're looking at content on the services side, on the iTunes side. We'll see how that works out. But definitely they need something to drive the next leg of growth." In some other Apple news, the company is expected to announce its first quarterly year-over-year revenue decline since 2003 later today.
What is this clown babbling about?
Did anyone else see the headline on a burgundy/red background for second?
At the bottom of the
The comments are about as logical and as coherent as his were.
"In America, first you get the sugar, then you get the power, then you get the women..." -H. Simpson
Whats your companies valuation and how much cash do all of your companies combined have just laying around to blow when they want to?
It always amuses me when people who don't have 5% of what Apple has tell us how wrong Apple is in its choices.
Dear fucking god please let me be THAT WRONG about what people want.
Persistent Volume manager for Kubernetes - https://github.com/dwimsey/openshift-pvmanager
I wish that Apple released some new Mac products. I'd buy them if they were good. I have no use for tablets or phones or other hype trinkets like those. I need real computers with modern hardware running a real UNIX-style operating system.
The way some of these "billionaire entrepreneurs" talk really makes me think that they got to where they are with pure luck and no knowledge or skill in the area they are involved in...
... says the man who owns a company that produces competing smartphone models running Android. How is this news?
Only half of Americans will listen to a billionaire, and then only if he has a grotesque orange wig on his head.
Apple has rarely been a cutting edge tech company, at least not since the original Macintosh. What Apple has done has leveraged average technology into something average people want, desire and use. There have always been the cutting edge people who find Apple's offerings old, outdated and lacking the latest and greatest tech. Look at the iPod and iPhone everyone said Apple was to late the party and didn't offer anything cutting edge. Yet, they have made billions. They sell what works, what people want and what they will use stylishly wrapped up in a neat cool package.
The Apple MacIntosh SE is outdated indeed: the model is nearly thirty years old!
http://lowendmac.com/1987/mac-se/
This is the Faraday Future guy, right? What is going on with this guy? He's in lala land.
And the other 10 percent are questionable.
But that's just an objective measure from someone who was part of the first IPO wave of investors in China last century.
Still true today.
-- Tigger warning: This post may contain tiggers! --
What about the SEx--excuse me, SE/30?
I gotta admit, I chuckled when Apple announced that name. I guess it goes to show that you won't ever see an "X-Treme!" version of the phone...
http://www.cnbc.com/2016/04/24...
Jeans and black shirt. But then, how many industries exist based on copying Apple's design chops?
20 years ago they would have been selling rice and bicycle parts.
When sales settle down, dividends come into play.
You can't grow at 25% per year for a decade, from Apple's existing point or it will have sales 10 times what it has today which would be over $5 Trillion market cap.
And why should be listen to him.. because he is a billionaire ? Im sure the guy can power on his PC/MAC at home.. but clearly does not know.... jack sh*t.
Let me translate what he just said.
"The old model includes local native apps in which freedom of security of data at the device level is a threat to the ruling class and totalitarian regimes; specifically in China. The new way is centralized back-end app that are dynamically updated, monitored, and content is controlled. Imagine having a back-end proactive spellcheck that removes all references to 'Tiananmen square'. It's a value-added bonus of conveniences that keeps citizens from breaking the law. This is how we can keep a more harmonious society with government control content through advanced technological paradigms.
Truthfully, these companies, like IBM, Apple, HP, GE, etc are their own worst enemies. Far too often they move their manufacturing offshore to China, giving up their technology to other companies in China all to boost their stock prices. Then when they fall due to competition, to boost their stock prices again, they will start to sell these divisions. Slowly, but surely, these MBAs such as Fiorina, are destroying American companies. Apple simply followed the same path by not only offshoring their manufacturing, but by giving it away. They own NOTHING of what is important.
If Apple or IBM or HP or etc. really wanted to re-grow and become relevant, they would bring back manufacturing and keep their corporate secrets under their hat.
I prefer the "u" in honour as it seems to be missing these days.
May he should look in the damn mirror. Their reckless damn the environment, damn the social cost - business model based on unsustainable ultra inflationary debt is outdated. They now face years of 2-3% growth - if they are lucky. If they are unlucky their economy will go into a deep painful recession and they don't have the economic, political or social institutions to self-correct.
But he can't say that, because he is a part of the problem.
Apple has some nice products, but many of them are lacking in some areas. It appeals to a certain crowd who is willing to pay a big premium for status and form. If you want a super fast machine, you don't buy Apple. I like quality products, but I refuse to pay a huge premium for just a little sticker that claims "I am premium". When Apple stops charging 8x the market rate for memory or storage upgrades; or it stops charging $1500 for a laptop that should cost $800, then I will return to being an Apple customer.
.
So what is Apple going to do in order to generate the substantial revenue needed over the next decade?
Apple Watch - not enough revenue associated with it.
AppleTV - oh please, the current iteration is a mess, with a horrible, buggy UI.
Apple Car - Apple does not know the costs associated with being a car maker. Apple's enemies would love to see Apple get into the car business.
????
Apple has many businesses still growing - if you thought of any one product Apple makes a business, it would generally be growing more than most companies around.
The AppleWatch for example, was estimated to have sold more than twice the units of the first iPhone - and sales in the first twelve months brought in $1.5 billion more than Rolex.
Apple's music and video sales are constantly growing. Apple Mac sales still see a healthy growth every quarter. Apple's services growth is greater than Google at this point, and because services are tied to hardware which Apple has so much of in the field, there's no reason to think service growth will slow.
Even the iPhone is still growing more than not.
Sometimes what the "law of large numbers" means is that if you are large enough, you win.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
Mr. Yueting isn't wrong when he says "having separate apps just means great obstacles in the user experience" or when he writes says that "CPUs and the mobile network speeds" a sufficient for integrated systems. however, he is wrong when he implied that this design was only good for "the first generation of mobile net" because he has not mentioned perhaps the largest and most fundamental issue with third party software: security. right now, smartphone security is still arguably an oxymoron and unless you rectify the situation, you are going to have a fully integrated system of fully compromised software.
when it comes to "smart" technologies, currently, the only winning move is not to play.
Anons need not reply. Questions end with a question mark.
What is that supposed to mean, "Apple only has individual apps"? Are they supposed to have collective apps? Many functions crammed into one app? How difficult would that be to use? One app that contains your phone dialer, address book, calendar, calculator, notepad, web browser, email, text messaging, etc. That would be STUPID! Nobody would do that!
The macpro is very out dated and at the same price for at least 2 years
Apple released the iphone SE because it needed to create purchase incentive for the customers who haven't upgraded their 4" phone - and won't purchase a phone too large to comfortably use with one hand. Now if they'd only make one with gobs of storage I'd buy one - why no disk size bump since 2013? -.-
Apple's business model is to sell shiny junk to idiots. Granted, that's one of the oldest models there is, but it's not like we're running out of idiots.
Don't make me send the Axe Gang over there!
https://www.youtube.com/watch?...
> One of the most important reasons [for slowing sales] is that Apple's innovation has become extremely slow," he said.
False. There are two reasons:
1. The smartphone market is saturated, as I'm sure that assclown has noticed
2. Apple has been on a tick-tock release... and they've been waiting to see what Android makers have been doing and copying them in recent years. Rumors indicate that at least one iPhone version is coming that copies Samsung's "Edge" designs, and other rumors are indicating the inclusion of dual rear cameras to overcome limitation of micro-sized camera modules which by nature have major limitations in terms of aperture and dynamic range.
And, apps are not dead. There is no way we're ever going to accept "feature phones" again.
The Christian Right is Neither (Christian nor right). See: Matthew 23, Matthew 25, Ezekiel 16:48-50
Oh man. I picked one of those up in the late 1990's at a yard sale for $50. I wish I still had it.
But good with money and knows the right people. Eventually thinks he has a clue about technology, and then says nonsense publicly, like this one here.
Most ACs are not even worth the keystrokes to insult them. Be generically insulted by this and ignored otherwise.
Apple may be actually one step ahead of everyone else. They are obviously exploring niche markets, and they can afford to do so, even at a loss. They are doing this with larger/smaller smartphones and tablets, a game console/TV device, watches, sophisticated designs for desktops, laptops, and servers. Very likely they will soon get into AR and gaming. Their problem is, they are now trying to find out what people want; they no longer have someone like Steve Jobs who designed devices that people didn't know they needed but everybody wanted to have, eventually, so he created new markets. Today still, in most cases when someone can afford to buy an iPhone they will do so instead of buying an Android phone. Don't look at worldwide statistics: at Disneyland Orlando last week 9 people out of 10 carried an iPhone. Stats show that the worldwide market share of the OS X is now around 8% but in the United States it's actually around 17%. Another issue with Apple is that they have become sloppy in terms of software. The Xcode and iOS glitches in the last two years cannot be ignored.
I don't know what the stat is today, but two years ago Apple only had ~10% of the cell phone market in the world (by device) but made something like 80% of the profits in the phone market. It's NOT about REVENUE it's about PROFITS. And Apple still makes them all. Anyone that says they are outdated should point to businesses doing it better. Oh wait. No one does it better. Isn't this the same clown producing the "Tesla Killer"? Got I hate fucking terms like that. Healthy competition isn't a "killer". I got so sick of hearing the term "iPhone killer" too. (Newsflash: none of them were). AFAIK Apple *was* the blackberry killer, though.
The SE/30 was expensive, under-powered, there were no NuBus slots and not even a color display. The MacIntosh II family was a Great Leap Forward.
The SE/30 was released AFTER the Macintosh II.
Dude, do you know how much cash Apple is sitting on? 200 billion dollars. Saying that revenue is "much needed" is a bit of a stretch. They have a *looooooong* runway to innovate with. http://www.cnbc.com/2015/10/28...
Now if they could only find the innovation to do it here.
China Inc has a single, diesel powered aircraft carrier.
... ?
And Apple is outdated how
Their whole economy is 30 years behind us. Actually I think my grandparents had a higher standard of living than the current Chinese do.
The Iphone SE is a "low level of technology?" What the fuck is he on about? It's the same hardware and software as the current gen phones IN A PACKAGE THAT FITS IN HIS TINY LITTLE ASIAN HANDS.
This idea that every single new product has to be innovative and smash barriers is so played out that it's now being lampooned in an apartment.com commercial for the love of god. Why can't apple just...I don't know...make products people want to buy instead of having to constantly set the world on fire by reinventing the wheel?
Conceptually, smart phones are "figured out." There's not going to be another iphone that did what the first iphone did.
I mean c'mon, apps and media are *our* primary focus, and Apple doesn't even sell that stuff in China ever since our government forced them to stop selling that stuff in China. Apple is so outdated that we literally have our government fight our battles for us. *fist bump at sky* PROTECTIONIST POLICY FAVORING LETV FOREVER! WE LITERALLY CANNOT COMPETE WITHOUT THE MOTHER STATE!
imagine a soft, buttery paw gently pressing down onto a sleeping soldier's face. forever.
Why is this on Slashdot, other than clickbaiting?
Slashdot still doesnâ(TM)t support Unicode after it was added to the HTML standard in 1997.
...Saying that revenue is "much needed" is a bit of a stretch. ...
Much revenue *is* needed. Unless, of course, Apple significantly increases the dividends to its shareholders with all that cash hoard.
Having the cash is nothing. Apple needs investment ideas, i.e., what to do with that cash, but does not seem to have any big ideas on the horizon. That was the crux of my comment.
Apple Is Outdated, Says Chinese Conglomerate LeEco CEO
Funny coming from a man whose country and culture are literally THOUSANDS of years old. Get with the times. China is what's outdated. And that WALL?!? Dude. All those crumbling old landmarks... and this guy has the nerve to call a company that's only been around a few DECADES outdated? He says this while living in a country still pretending to run on a disproven socio-economic system invented a century ago, that has FAILED everywhere it's ever been tried?
Yeah. He probably learned to read using a system of simplified hieroglyphics which are based on pictograms, of which there are like a hundred thousand, none of which have any relationship to the sounds of the words or ideas they're meant to represent, so if you ever encountered one you didn't know, you'd have no clue as to how to say it. The gall. The sheer, unmitigated GALL.
Outdated indeed. Update your country's repressive government, your archaic written... 'language,' and culture, and THEN talk about something practically new as being outdated.
The Chinese are just pissed off because a low-tech iPhone means there's not nearly as much cutting-edge tech for them to steal. ;-)
I've calculated my velocity with such exquisite precision that I have no idea where I am.
This was the right choice during the first generation of mobile net, when CPUs [central processing units] and the mobile network speeds were not fast enough," Jia said. "However now we're moving into the next era of mobile internet, these problems no longer exist.
..the fuck they don't, you brain-damaged buffoon. We still have massive limitations in battery. The only thing that's changed is that people are more tolerant of substandard crap because that's all they seem to be able to find, nowadays.
There's a reason I don't buy chinese crap unless I'm specifically looking for some cheap widget that, if it breaks, I don't care about.
Meanwhile, I went ahead and purchased a "low technology" iPhone SE. Why? Cause it's made with proven technology, it works, and it has a solid ecosystem.
I like having a phone where I don't have to cross my fingers, eyes, and toes before I pick it up, in case it decides to stop working for no apparent reason. No, it doesn't have the latest gee-whizbang features that lets me pay for my french fries by wiggling my left butt cheek in a counterclockwise direction, but you know what? That's fine. I'm sick of feature-itis at the expense of quality.
Hell, I would have bought a Nokia if only... well... you know.
A tiny, completely unknown company's self appointed CEO tries desperately to get noticed so he says something that is Fox news worthy....
And Slashdot as usual bites and runs with it.
Do not look at laser with remaining good eye.
What's not big about doing cars?
As to the watch, it's sold more than the iPhone did in it's first year. And significantly more than Rolex does ANY year. Presumably you don't think Rolex is a failure.
And why the fuck do you think you know they don't have any big ideas on the horizon when they don't announce products till they are ready to demonstrate, and are within days or at most 6 months for shipping.
MS tried this same approach - and failed.
However - Apple does suck though.
This douche is certainly only a billionaire because his gov't allowed him to be.
His company can only survive when the Communist China gov't denies business opportunities for Apple.
http://www.cultofmac.com/424885/apple-could-get-shut-out-of-china/
The saddest thing is that we, the USA, will sit back and watch China destroy capitalism in order to prop up it's own companies while stealing the IP from everyone else.
The saddest thing is... we have no balls.
The SE/30 was expensive, under-powered, there were no NuBus slots and not even a color display. The MacIntosh II family was a Great Leap Forward.
In fact, the SE/30 was competitive for years. With its PDS it has many variety of upgrade paths to ethernet ports, faster processing, internal greyscale display and external color display. It was about half the price of a Mac II, ran A/UX, and could be configured to use a ridiculous 128MB of RAM. I doubt many educated share your scorn and mirth over such a cool piece of engineering and art.
"The Chinese are actually bitching that they need something new to copy/idea to rip off."
I'm not an apple fan but this only a half-deviation away from being an onion article.
As usual it warrants a standard response. "Feel free to design and sell a better product!! Literally there is not one single consumer not willing to drop an outdated product for a superior product."
Seriously look what happened to Palm Computing and the palm pilot or Handspring, or the Apple Newton tablet that all got ghosted.
And Apple stock is down 8% in the after-hours market.
"First they came for the slanderers and i said nothing."
... CNBC [Consumer News and Business Channel] ...
Hey, iCar is a perfect match for Apple, it will only need one button!
"First they came for the slanderers and i said nothing."
See the film "Being There" for an explanation.
Why do chinese hate gays so much?
Is security really an issue in China? I mean, not counting what the government probably requires companies to open up for their data gathering purposes like
predictive policing efforts . If they build and entirely national technology ecosystem, the only enemy they have would be from within.
My beliefs do not require that you agree with them.
Stupid LUDDITE CEO! You are educated stupid! Smart App appers know that you can only app Apps with appOS, not some LUDDITE Chinese browser! Real soon now you can app Apps to guide your Apple car app to the Apple APP store to buy appleVR app, you can't app that from some China company, Apple Apps are only made in Applistan. Why, next year, I heard that Apple is going to have a spaceship app to fly to their space hotel app and beat Elon Musk to be the first App appers to app apps on Mars. APPS!
"... for us to copy!!!"
All of this Chinese labor, twiddling their thumbs. They may b cheap, but even 500 of them, paying them wages for doing nothing really adds up (on the abacus).
Chinese CEO that shamelessly copies everything Apple does. The greatest 21st century menaces: hype and hyperbole.
Indeed. Apple has typically placed quality over feature quality and horse-power. They've almost always been "behind the curve" on the latter two throughout their entire history.
For example, DOS/Windows generally always had more software titles available, and more speed and RAM for the money than Apple IIc/Macs. But DOS/Windows was crashy, less secure, and had more inconsistencies. Apple vetted stuff more and were more likely to boot or lock out riff-raff.
I also remember using an IIc for the first time and it just "felt" better than Tandys and Commodores per keyboard, styling, and UI/screen.
Pretty much the same for Android versus iPhone when I first compared them. (I've owned both). It was deja-vu all over again.
In my opinion, Apple should stick to its guns and do what they do best, and they will always get the roughly 15% of consumers who want devices that do common and typical tasks without drama and with some grace. Let the others be the wild-wild west.
They carved out a nice niche and people know what the brand means. Sales may wax and wane periodically, but in the longer run, 15% is decent market share of consumer computing devices.
Table-ized A.I.
Company has a lifespan of ~10 years.
Who am i kidding. Most of you fucks have never heard the term loose coupling before.
Who is this guy, and how or why does his opinion constitute "News for Nerds"?
They have stolen and copied all the technology they wanted.
And he's probably right.
Patents Drive Free Software as Hurricanes Drive Construction Industry
Some tablet users buy keyboard cases for "occasional bulk typing needs", but just from my daily commute to/from the office, I see plenty of people on the train who whip out their tablet w/keyboard case and use it the same way a traditional laptop would be used in their lap.
Yes, they have the ability to use the touchscreen, but there are plenty of laptops today with touchscreens as well.
My point is, the lines have become blurred. A lot of people bought tablets thinking they were going to be lighter weight and have better battery life than a notebook computer, and would be "powerful enough" for whatever they envisioned doing. Once they owned them a little while, they saw the shortcomings and tried to compensate with accessories like bluetooth keyboard cases. Some of them will go back to a more traditional notebook, next time they make another purchase (especially with slim notebooks weighing about the same as a tablet with keyboard case and also having touchscreen functionality).
A guy from another country saying a US company sucks. They're behind. They lack vision.
I expected him to say - Now look at my stuff. Aren't we great!
However I think we all realize that their stock is way overpriced. Their watch does suck. It was about two years after the Android watch and it's not as good.
Of course Apple has a lot to be proud of. After all compared to the Windows phone that is in free fall, they're great. Compared the the Windows tablet they're great. They'll be great for some time to come. Especially if they get a new visionary in. They probably already have that guy working for them. They just don't know it.