Apple Felt like a Totally Different Company Today

This content has been archived. It may no longer be accurate or relevant.

From Fast Company:

While I sat inside the Steve Jobs Theater watching Big Bird talk to a hand puppet on the stage, I realized Apple was not the same company I knew not long ago.

No new devices were announced. There were no slides filled with impressive specs or performance metrics. No oohs and ahhs. No “one more thing.”

Yeah, yeah, I know: Apple, under CEO Tim Cook, is becoming a services company to account for flagging iPhone sales growth. What we saw today, at Apple’s “It’s show time” event in Cupertino–maybe for the first time–is the public face of that new company.

Part of the reason the presentation felt so different is because it was as much about other companies as it was about Apple. It was about Apple putting an Apple wrapper on a bunch of content and services made by third parties.

. . . .

All these announcements came in the first hour of the presentation. With that much time left I wondered if Apple had some tricks up its sleeve after all. But no: It had simply reserved an entire hour to talk about its original video content, which it has branded “TV+,” and which won’t be available until next fall.

What followed was a string of Hollywood people talking about the shows and movies they’re making for Apple. The uneasy mix of Hollywood and Silicon Valley cultures was on full display. Reese Witherspoon, Jennifer Aniston, and Steve Carrell were there to boost a show they’re making about TV news personalities, but they came off like they were trapped under glass.

Steven Spielberg came out to a warm welcome and talked about his reboot of the Amazing Stories series for television. A dramatic video came on about how we desperately need more conversation among people with different viewpoints. Then the lights went down, and when they came up Oprah Winfrey was there.

. . . .

The question is the company’s identity. At Apple events we’re used to seeing people like Kevin Lynch (Apple Watch) and Craig Federighi (iOS) who you know live and breathe core “Designed in California” products.

Today the company made a big deal of announcing a bunch of third-party content and services, with only passing references to the hardware that made it famous. Should Apple really identify itself with products that its own creative hand never really gets close to?

Link to the rest at Fast Company

TPV isn’t a tech blog, but PG has worked with a variety of tech companies in the past and, although he’s a Windows guy, has always admired Apple’s sense of mission and used iPhones almost forever.

The successor of a talented and creative CEO has a tough job in Silicon Valley. After a quick mental review, PG thinks far more successors at significant tech companies have failed than have succeeded.

Steve Jobs took Apple through some perilous times, but he always pushed the envelope and announced interesting new products. Under Jobs, Apple certainly had some product failures, but it never seemed like a company that was resorting to lame strategies. When things got tough, Apple thought big.

As the OP reflected, after stumbling with the pricing/features of its latest iPhones, yesterday’s announcement seemed to represent, “We’ve got to do something! Let’s copy what other companies are doing, but use Apple branding. Apple has a great brand that we need to exploit.”

PG suggests that brand equity is a precious commodity that needs to be preserved and cultivated with impressive new accomplishments, fostering the assurance that customers can continue to receive great benefits from the company and its products. It needs to feel cool by the standards of its industry.

In the tech world, where real technology talent is always in short supply, newly-graduated engineers from top universities are often attracted to employers who promise the opportunity to work on the cutting edge.

For all of Tesla’s financial ups and downs and Elon Musk, its frenetic CEO, engineers working there feel like they’re inventing the future. Amazon has felt like a serious innovator for a long time and can attract tech and marketing talent based upon that reputation and the opportunity to work on something new and different. (PG hopes Bezos’ marital problems aren’t Amazon’s version of Jobs’ pancreatic cancer.)

If Apple’s reputation becomes, “The company is not what it used to be and shows no signs of turning around,” adverse consequences will appear from many different directions.

 

10 thoughts on “Apple Felt like a Totally Different Company Today”

  1. Apple needs to go and buy Disney.
    Considering how they’re encroaching on Disney’s streaming service “-plus” trademarks (ESPN+ and DISNEY+), they might as well go ahead and splurge.

    There have been rumors they would buy Sony Pictures (nee Columbia) but there are matching rumors that say that if Sony sells the studios their Spider-Man license reverts to Marvel (Disney) and that license is at least half the studio’s value.

    Of all Apple’s moves yesterday, the credit card is tbe most logical since they have more money than most banks and they have no idea what to do with it so they might as well get into loansharking.

    • I just checked: Disney is worth $170B and Apple is sitting on $285B in cash. They can just write a check.

    • Of course they will have to add their distinctive Apple touch to the Disney operation.
      Maybe a bite out of Mickey’s right ear?
      Maybe Snow White’s new apple will be a two-dimensional white thing?
      Maybe TRON 3 will have a snobbish character called Mac who is unable to integrate with all the others?
      The possibilities are endless…

        • And some are still concerned that Apple fans continue to have tastes, preference, and values on the unapproved list.

    • From 2010 through 2017, I determined the values for Interbrand’s Best Global Brand tables, which involved among other things evaluating Apple each year. This past year, when they quit reporting phone sales, I took that as indicating we’ve probably passed peak Apple.

      • Very likely, as far as hardware and software goes. And tech in general.

        They’re moving into financial services as their core competence. That’s why buying or building a movie studio is most likely their next move.

        (Amazon is already there.)

Comments are closed.