I hope you all enjoyed my top 5 worst predictions from the slides we discussed in class! Now I have posted the top 5 worst predictions that I found on the Internet. I think this is pretty self-explanatory if you read my last post, so just enjoy!
Top 5 Worst Predictions (Web)
- "There's no chance that the iPhone is going to get any significant market share." - Steve Ballmer, Former Microsoft CEO, 2007 - Today, the iPhone has the 2nd largest market share globally in the smartphone space, after Samsung. The reason is largely due to Apple's uncanny ability to do two things: 1) Pinpoint what people really want and expect out of their devices, and 2) Delivering these expectations in the simplest way possible so that there is no learning curve. Add on the fact that Apple has developed one of the most advanced technological ecosystems for their customers, and it really is not surprising at all that they are doing so well with the iPhone.
- "There is no reason anyone would want a computer in their home." - Ken Olson, Founder of Digital Equipment Corporation (DEC), 1977 - Today, most households own computers. They serve a recreational purpose that extends far beyond their work functionality, as they act as a medium through which media and digital content can be streamed and downloaded. They also allow people to more effectively communicate with each other and connect with each other through social media. A computer has become a necessity in virtually most fields, ranging from education, to enterprises, to entertainment.
- "No one will need more than 637KB of memory for a personal computer. 640KB ought to be enough for anybody." - Bill Gates, Founder of Microsoft - Today, most computers come preinstalled with at least 128GB of storage, and that is on the lower end of the spectrum. Bill Gates failed to account for the fact that people would start using their personal computers for most of their productive and entertainment-related tasks. This requires much more storage than he ever could have anticipated.
- "I'd shut [Apple] down and give the money back to the shareholders." - Michael Dell, Founder and CEO of Dell Computers - How the tables have turned since then. Apple has had its struggles historically, but now there is no doubt that it stands as the most valuable technology company in the world and a cash cow for its investors through its dividends. Needless to say, Dell is ironically in a much different position.
- “Remote shopping, while entirely feasible, will flop." - Time Magazine, 1966 - I can understand why Time made this quote, but it is interesting to see how things played out, as this is far from the truth. The explosion of the Internet, as well as companies such as eBay and Amazon, have allowed retailers to sell most of their merchandise online, and consumers have responded very positively. In fact, many people do a majority of their shopping online these days - even groceries! The shared economy has also ushered in services such as Postmates and Instacart, which have effectively increased demand for online shopping as well.
Hi Mo! Great job with your post! I really like how they were all related to technology in some way. Considering we are living in the technology era and in the Bay Area, all of these are really relevant and I personally believe that many individuals will not doubt the power of technology considering how far we have advanced in the last decade, and how much farther we still have to go.
ReplyDeleteHi Mo, great post. I thought it was a cute idea to start off with the greeting "patent pals" - very creative! I chose the exact same Microsoft quote; interesting to see how Microsoft is now an underdog in the phone market compared to Apple. It is interesting to see the effects of incorrect predictions. Because Microsoft thought that Apple was never going to gain market share with the iPhone, they themselves were late to entering the smartphone market. I also appreciated how the post was neatly formatted. Maybe next time, you can include a few pictures! Overall, great job.
ReplyDeleteJess,
DeleteGreat job on this comment. I can tell you really dug deep into the material at hand to see what was really going on. I agree on the point you made on the effects of new predictions.
Hey Mo! Awesome post! It was interesting to see how our posts are very similar -- in fact we share 3 of your top 5 quotes! Overall, I thought your post was really easy to read, and your reasoning behind why you chose each quote is very insightful. It seems like you are an Apple fan. Great work, patent pal!
ReplyDeleteHey!
ReplyDeleteFirst of all I really like your blog's design! It looks very nice and stands out from all the other blogs that I've seen.. cool!
Good job using bold and italics as well, it makes it a lot easier to follow along whilst reading, especially to pick out your main points. I particularly find the Bill Gates quote to be quite funny!
Great Job!
Hi Oliviero,
DeleteGreat comment! I liked how you commented on the style of the post and also the content. You were very specific in what you liked,
Hi Mo! This post was exceptional compared to your other ones, I loved your input on all the quotes, seriously you put a lot of time into this! Great job! Keep it up!
ReplyDeleteHi Mo!
ReplyDeleteGreat job with this post -- I think you did a fantastic job looking on the web for some predictions. In addition, I think you explained them really well, and I even used some of the same quotes as you! Maybe try to be a bit more serious in your video blogs, but overall I think you're on the right path to having a perfect blog really soon! Bye for now, and see you next week!