After reading this article in the Financial Times, I would recommend that Verizon’s shareholders start to demand a new CEO.
While describing Apple as a “great companyâ€, Mr Seidenberg highlights its small market share of global handset sales.
Yeah, there are a hundred small PC manufacturers who went out of business when the bottom fell out of the PC market and everyone said Apple should go after the low end market. Well, guess what, Apple didn’t and Apple did okay in the high end. Previous figures dictate that the smartphone market is about 100 million handsets in 2008. And Apple, in just over a year will have captured 10% of the market. If you ignore that, the premium market, then you’re blind to what drives the market forward.
“There goes the conspiracy again,†he says of Apple. “You’re declaring them a winner before they’ve earned it on the field.â€
Actually, Seidenberg is reinforcing Apple’s position by claiming there is a conspiracy. Because that would be stupid. Yes, let’s blame Apple’s success on a conspiracy because it couldn’t be because they were ….delivering what people wanted?
As handsets become banking tools and games controllers, he argues, mobile operators can up-end other companies’ business models. “It’s very cool. And Steve Jobs eventually will get old . . .  I like our chances.â€
That’s your tactic? Wait til he gets old and retires? Are you kidding? That’s the Verizon strategy. Is that going to work with every competitor? You’re just going to wait til their star staff get old????
That has to be the most stupid strategy I’ve ever heard. Good luck with it, dumbass.