Wednesday, January 30, 2013

Sequoia Capital Analysis of Apple

http://sequoiacapital.tumblr.com/post/41794001551/perspective-on-apple-amid-the-clamour

Why maybe it's not time to sell Apple stock just yet:

"... almost every company in the world suffers from acute Apple envy. Apple has thrown several mainline industries, including music, movies, television, publishing, cameras and 35mm film, into convulsions. The entire Japanese consumer electronics sector, bereft of the software that helps distinguish Apple's products, has been hopelessly outpaced, as have Finland's Nokia and Canada's RIM.

Others – chip suppliers, wireless carriers, specialised glassmakers, outsourced manufacturers and hundreds of thousands of app developers – watch every twitch with hopeless admiration and silent apprehension. Anyone with their wits about them has been galvanised into action by Apple's success."
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