Expect to hear a lot of hyperbole at an Apple event on Monday about the company transforming entertainment and news. One thing Apple isn’t likely to discuss is its growing conflicts of interest.
Author Shira Ovide
Mark Zuckerberg’s latest blog post talks about making Facebook and its Internet hangouts more of an intimate digital “living room” rather than a raucous public town square.
Google has its fingers in every conceivable corner of industry, and then some. But investors can look past the mysteries and the spending splurges as long as the ad business keeps running.
Apple doesn’t want investors to fixate any longer on the iPhone, the world-changing product that delivers about two-thirds of the company’s revenue. Nope. It’s over it. The iPhone is bo-ring.
There will be grumbling about Facebook unifying its apps. But it was an obvious decision by a company that now has to try much harder to continue to lure more people and advertisers to its digital empire.
Nothing Netflix tells investors helps them confidently predict that this grow-now-and-pay-later strategy will pay off. You either believe it, or you don’t.
The smartphone market is following the growth-challenged path of PCs. That won’t please executives at Samsung Electronics and Apple, but their pain might be great for consumers.