Oh, to watch princesses bitch, bitch, bitch! In this age of bailouts, everybody who has any sense about them knows damn well that there is plenty of room for Apple and Google to come up with as many radioactive phones as they like. But Jobs’ crusade is being protected by cultish minions as, instead of developing new workable technology or trying to improve the plight of a suicidal Chinese workforce, Apple has won an injunction against the Samsung Galaxy Nexus – a touchscreen cellphone whose hardware and software were jointly developed by Google and Samsung engineers. But, don’t be mistaken, because Apple does not intend to win this injunction. Rather, they aim to slow the entrance of competitor products onto the marketplace.
It looks like American innovation is crashing and burning, heading for the graveyard economics of litigation over innovation. I guess we will all still be using 32-bit systems come 2036. Or maybe we will just be returned to DOS.
Before his death last fall, Steve Jobs spoke this eloquence:
“Our lawsuit is saying, ‘Google, you fucking ripped off the iPhone, wholesale ripped us off.’ Grand theft. I will spend my last dying breath if I need to, and I will spend every penny of Apple’s $40 billion in the bank, to right this wrong. I’m going to destroy Android, because it’s a stolen product. I’m willing to go to thermonuclear war on this. They are scared to death, because they know they are guilty. Outside of Search, Google’s products — Android, Google Docs — are shit.”
Man, must’ve been right around the same time he woke up to what a piece of junk the Ipad is. On the day Jobs’ uttered those words, there should have been some critical selloffs of the Apple stock. I am sure the shareholders felt affronted that Jobs’ was willing to throw away all of Apple’s reserves over sibling rivalry.
Apple is working from the mentality of monopolists, using the state-enterprise to derail other companies. Man, this has gotta be the top for Apple unless the bankers want to ride the stock further up for their own gains. But, nevertheless, this Apple is rotting to the core.
As for all of the stories written before this one here – from ABC to CNN to Forbes – if you feel so implored to bring legal action against me for my building upon your work: bring it on. SV, just like Jobs, will drain all of SV’s three-figure capital in making this right.
Goldman Sachs might want to speak up now: Sell AAPL.
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