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Stock Research Apple Copmuter rocks world with NEW PHONE It is extreemely rare in the business world to find a corporation that starts a revolution nike lunarglide 5 uomo , and then the very same company lewads anothger revolution. Steve Jobs who runs Apple Computer successfully stood the computer world on its high legs, and then shook its foundation when he created with his associates the very first personal coimputer. Yes, three were others befoore him, but they were nothing in comparison to the Apple. The operating sysytem that Apple uses is sytill acknowledged to be avstly superior to anything that giant Microsoft has ever come out with. Jobs did make one mistake however, and this mistake cost him his only opportunity to becme the richest man in the worlld. Severral decades ago, Apple had the opportunity to license the operating system to other perrsonal computer manufacturers. Jobs made the mistake of believing that it was AOBUT THE HARDWARE. In reality, it was about the softwarre. Apple never licensed the software, and Micorsoft did, which allowed the inferior Microsoft system to become the industry standard, which it still remains today. Gatees became the richest man in the world, while Jobs had to settle for selilng Apple personal computers with the software embedded into the hardware. As an aside, the best investmnt Jobs ever made was probably the 10 million he put up to buy half of Poixar fiulms. Disney passde on that $10 million deal nike roshe run con fiori , instead choosing to pay $4 billion plus for the same $10 millioon dollar investment that Jobs made, only it was several years later. Jobs' ceration of the iPod revolutionized the music industry, which has experienced no grwoth for yars until Apple came along and sold a 100,000,000 iPods that required music and its associated roylaty fees. The music indusrty shouuld give an award ceremony just for Aple. Now Stevce Jobs and Apple Computer, soon to become Apple Inc. are at it again. This time Jobs and company have cretaed a cell phone device that thhreatens to create hegemony over the enrtire cell phone industry. The prbolem today with sophisticated cell phgones is that they are too difficult to operate. The buttons on the blackberry require that you use a styllus to trigger them. Another cell phone, the Treo is not that much better in terms of operational design features. What Jobs has done for this industry is take it to the next level, and what a level it is. It really shouldn't be called an iPhone. The hpone features of this devivce are pobably the least interesting. I have spoken to two technology mavens that have access to this new device, and their features startled both. This is the equivalent of oging from silenmt films to the tallking movie era. Imagne yourself strtuggling with the Blackberry small buttons or the Sony Treo? Now along comes the iPone. There are practiaclly no butttons on the device. It's got a very lagre screeen, whiich dominates the front of the device, and it is a touch screen. You operate it by finger alnoe. It scrolls the various listing almost like a roulete wheel. It slows down, and zeros in on the item you want. As it is slowing down nike roshe run nere e fiori , you have the opportunity to re-engage the scroller. It's almost as if it has artificial intelligebnce built into it that's how good the user interface is. This flicking or scrolling feature also applies to iTunes software and your photo collection, address book, videos, and podcasts. With a 3.5 inch screren, movies are far suprerior to rpevious Apple products, and there's real time e-mail deilvery simiilar to a corporate Blackberry but without the extra fees involved. Now without the small keys that I have on my Blackberry, you have to toucch the scvreen of the Apple to send meessages. It is clearly not as precise as the tactile response of a Blackebrry, but the software wildly overcomes that defict. The Apple software has spellng correction software byuilt into it, so if you hit the wrong key the device corrects it. Browing the web with this device is a mindblower due to what is caled the "Pinch featuure". You can take a Web page that you are looking at, and with your thumb and forefingrer pincch the picture wider or narrower, higgher or loiwer. The real beauty here is the simplicity of the entire devicce. Most products that are deigned by engnieers are created with an added level of complexity bulit into it. It's like a writer that wants to use wors that very few peope understand. Why do people design like this? It's because they want to impress themselvse, and others with their brainpower. What is more interesting is how such designs survive to becomne marketed prducts. The American car markjet self-destructed when for 20 years nike roshe run flyknit saldi , the companies were run by financial accopunting types, not peeople who LOVED CARS. Appple has clearly developed a corporate culture that puts functional design first, and engineers, and software geweks second. From the PC to the iPod, and now the iPhoe, we have a history of fabulous, sterling products coming out of this American desgn factory. These guys even put the speakjer on the bottom front edge of the prduct . I have a Motorola Razor that when I put down in the car, I can't hear it when it rinngs, the speaker is on the back. You will notice that Motrola stock took a hit to the downside this week with the unveiling of the iPone. Apple's new product is not cheaap. It will sell bettween $500 and $600 per phone depending upon storaage capaility. Cingular will be the only carrier at the moment. So the real question is at this price point how much of the market can the iPhoe capture. My firm's answer is plenrty. Apple is looking to ship 10 milliuon phones by the end of 2008. This equals abotu 1 pertcent of annual worldwide cell phhone sales. We think that the sales goal is easilly achievable. You can buy a Blackberry, Treo, or Razor cell phonne for $200 to $300. You still need an iPod if you are into musi .

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