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Apple Is Outdated, Says Chinese Conglomerate LeEco CEO (cnbc.com)
An anonymous reader shares an article on CNBC: Apple is "outdated" and losing momentum in China, billionaire entrepreneur Jia Yueting told CNBC in his first international television interview.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.
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.
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.
I had quite a hard time following why Apple is outdated, because of individual apps. Did he find a way to SECURELY have apps communicate with each other, without allowing rogue apps to mess with their phone?
Not to sound like an Apple Fan Boy but Apple had a rather good (Not Perfect) security record with the iPhone and Apps. But there hasn't been too many wide scale problems much like how we have with PC's. A big part of this is the isolated infrastructure of the apps.
If something is so important that you feel the need to post it on the internet... It probably isn't that important.
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.
It's simple - he wants to...
1) make a super-wrapper app of sorts where individual apps become mere features within his wrapper.
2) get a lot of attention by yapping about how the industry leader is "outdated" and that his naked money-grab is actually the new-shiny.
3) sell API access to his wrapper.
4) sucker some phone maker/carrier/etc into using his wrapper exclusively.
5) ???
6) Profit!
Of course, no mention is made as to what happens when his baby gets a security vuln , crashes (taking everything else with it), or otherwise isn't regularly updated by the carrier or maker (because seriously, outside of a few corner cases involving flagship phones, when was the last time a carrier or maker ever bothered posting/pushing updates to an Android device?)
Quo usque tandem abutere, Nimbus, patientia nostra?
What is this clown babbling about?
He thinks the most profitable company in the world should stop what they are doing and do things his way instead.
The funny thing is I am getting used to hearing this special kind of rambling. It's an epidemic in dealing with nearly every IT or really any engineering resource in Southeast Asia, especially certain parts of China, all of India, and others. It appears to stem from two intellectual deficiencies. The first is big picture thinking. I've met plenty of engineers who were one trick ponies and couldn't even see how their expertise in X could be applied to Y, much less understood how their knowledge fit in the tapestry of technical architecture. The second is the need to fill time / space with words when they have nothing useful. A huge list of banal generalities spew out, either positive or negative based on what they think the audience wants to hear.
The outsourcing movement has a couple more decades of rubber band-like hysteresis. Most companies that send technical services out to Chennai or Bangalore save their short term cash for 2-4 years, pay the CEO and CIO their bonuses, and then bring them back to the US as soon as they can get out of the contracts they've signed.
Actually in Asia its very common to have a single super app rather than a dozen. One app will be your messaging, shopping, mobile pay, taxi hailer, etc. THey go in for all-in-one over there. So far the US and EU haven't followed suit.
I still have more fans than freaks. WTF is wrong with you people?
Honestly it survived on the strength if its large, easy to use touch screen
And it was the first phone that made browsing the web un-miserable.
"First they came for the slanderers and i said nothing."
I don't disagree with you, but that's not how the asian market has developed. And there's definite desire by big US corps to move in that direction- look at how facebook now has a payment option. We'll see how it goes.
I still have more fans than freaks. WTF is wrong with you people?
Just like MS, Apple stole their entire UI idea from Palo Alto.
Nope. They PAID for that, then took it FAR beyond what Xerox PARC even ENVISIONED.
They have stolen countless software app ideas over the years from devs.
And if you have written more than 10 lines of code in your life, so have you, me, and EVERY other Developer. Next!
Ipod. Stolen. Then refined with a better interface.
So NOT "Stolen". Refined. So, as another Poster said, Porsche "stole" the CAR from "Ford", right?
Ipad. Stolen. Then reality distortion field'ed into being 'revolutionary'.
Stolen? From WHAT, exactly??? Those POS "Slabs" that ran Windows for about 45 minutes and weight 10 pounds? See Porsche, above.
Iphoney. Stolen. Then reality distortion field'ed into being 'revolutionary'.
Again, Really? Who STOLE from WHO, again?
MB Air. Stolen. Then reality distortion field'ed into being 'revolutionary'.
Stolen? Again, from WHO? If you count "Netbooks" as "Prior Art" for the MBA, you might as well count the horse and buggy "prior art" for the Tesla.
Apple TC. Stolen. Then reality distortion field'ed into being 'revolutionary'.
TC? Time Capsule? How does that even make the list? It is nothing more than an obvious marriage of a WiFi Router and a Hard Drive for Time Machine Backups of several machines in the same household. But it isn't "Stolen".
Apple Watch. Stolen. Then they tried but failed to make it into being 'revolutionary'.
Everybody and his dog was more or less simultaneously working on Smart Watches. Apple's is cooler than most, because of the infrastructure it shares. But I don't think that anyone particularly "Stole" stuff from anyone else. There are only so many ways to do a SmartWatch. That's why they are ALL so similar. But seriously, STOLE???