Thursday, November 18, 2010

The Beatles Create a Buzz

With the recent announcement that Apple's iTunes would now be offering all The Beatles' albums, an internet craze began.  Within the first 10 hours of the announcement, Google news found more than 3,000 stories on the announcement.  This type of coverage of a band that hit its prime nearly 40 years ago is unprecedented, and begs the question, how much hype and coverage would The Beatles have incurred during the internet era?  We will soon know more about this question, as this announcement only adds to iTunes 14 million songs offered and will surely increase the 10 billion songs downloaded yearly recorded by iTunes.  This is just another step in the direction for IT dominance by Apple, as they have continued to improve their competitive advantage in the internet music industry with the additional offerings of The Beatles.

Monday, November 15, 2010

Do you trust facebook?

With word that facebook is likely to introduce a new email service, one must consider the privacy capabilities of facebook.  According to the article "5 Ways Facebook Could Threaten Gmail," Facebook apparrently is about to launch its own email service.  But with the recent privacy issues concerning Gmail, does facebook have the cyber power to be more secure with personal data than Google.  My gut instinct is no, and i personally wouldn't trust facebook to handle my email.  However, Facebook has a reputation with the younger generation that may be more willing to try this out.  The only way to know this will be to wait and see, but something tells me this idea is gonna flop.

Monday, November 8, 2010

Is Microsoft slipping?

With the recent announcement that Microsoft CEO is choosing to sell nearly $2 billion of stock, one must wonder whether the feeling inside Microsoft headquarters is one of pessimism rather than optimism.  Like all things in life, the business world is under constant change, rarely does one company stay on top of a particular industry over a long period of time.  Microsoft has been at the forefront of the IT industry since the introduction of the computer, but has recently been rivaled heavily by companies such as Google and Apple as the computing industry has moved more mobile.  While Microsoft is launching its smartphone to compete with the aforementioned companies to compete in the smartphone market, it is quite apparent that the proportion of Mac users is steadily rising.

Therefore, this announcement may be a sentiment that Microsoft executives may feel the pressure from their competitors.  CEO Steve Ballmer states that he is excited about Microsoft's new product offerings and prospects, but its hard to believe he would sell as Microsoft just initiated a dividend boost and buyback company if he were that confident.  These are stock characteristics of a maturing company with low growth, which is where I believe Microsoft stands today.  It is likely we will see a new tech giant emerge as the software leader in the next 10-20 years, as the business world always has a way of being cyclical.

Monday, October 25, 2010

How much higher can Twitter go?

After reading the Article "The Twitter Effect," I was extremely surprised to learn that Twitter is the most widely used work in the English language, with a close second being Obama.  As a non Twitter user and someone who doesn't really pay much attention to social networks, I wonder how much further Twitter can go as a business.   Already valued at approximately $1.1 billion, the brand name Twitter has accomplished a lot in only 4 years.

This begs the question, would Twitter be as successful if it had a different name?  I often wondered the same thing about Google, who's name is now correlated with tech innovation and supremacy.  I really thing the catchy sounding tune name of Twitter has played a large role in the explosion of the social networking giant.  This leads me to believe that once the Twitter craze is over, Twitter will find it harder to remain as potent in its market.  I see Twitter reaching its peak in the next 2-3 years, before being supplanted by the next social networking tool that is bound to come.

Monday, October 4, 2010

Will The Microsoft Smart Phone Succeed?

With the release of the Windows Phone 7 smartphone coming Oct. 11, one must wonder how much market share Microsoft can take from Apple, Blackberry, and other smartphone providers.  With Windows limiting its provider to AT&T, they are pretty much in direct competition with Apple.  I believe as well as the article  "5 Reasons the Windows Phone 7 Will Fail" that limiting the provider to AT&T could be a colossal mistake.  This limits the availability of the phone that will already have struggles trying to penetrate an established market with strong reputations and brand loyalty.

One advantage, on the other hand, is the monopoly Microsoft has on the software market.  This could allow the Microsoft Smart Phone unparalleled compatibility with their smart phone and personal computers, thus creating a competitive advantage.  I believe this alone will allow Microsoft to take a good chunk of the smartphone market, mainly from Blackberry rather than the iPhone as most users of the iPhone are more than satisfied with Apple's product.

All in all, I believe the Microsoft Windows Phone 7 will be a moderate success as its going to face large problems entering a market well behind its competitors.  The real key will be being the innovative leader during the next generation of smartphones, which Microsoft already has a step up on its competition with its software compatibility.

Monday, September 27, 2010

Smartphones

As little as 6 months ago, I was part of what seems to be the severe minority of people who do not have a smartphone.  To show how behind the smartphone curve i was, my little sister has had 2 Blackberry's and 3 iPhones before I transitioned to the iPhone from the classic flip phone.  I always felt as though my phone was for texts and calls, therefore my cell phone was entirely sufficient.  Then, in early April I became eligible for the beloved upgrade, which I cashed in for the 3GS.   In hindsight I wish I could have waited for the iPhone 4, but the upgrade to the iPhone has been more than enough to make me happy.

Excluding the games that everyone enjoys, the iPhone has reaped rewards that I had no concept of before I had a smartphone.  Not only can I check and update my fantasy football team right from my phone, but i can literally instantly find almost any piece of information with a quick search on my phone.  I never could have imagined how superior having the iPhone is to a traditional phone, where now I feel that people with the old flip phone are out of date.  According to an article about smartphone satisfaction, users rated the iPhone the highest out of all smartphones.  The one complaint that was common among the iPhone is the short battery life, which doesn't actually affect the functionality of the phone itself but is just an annoying hassle.  If you haven't made the switch to a smartphone, I severely recommend it as a recent transfer, just be ready to check your email more than you ever thought possible.

Sunday, September 19, 2010

The Netflix Effect

As a recent subscriber to Netflix, I can completely understand why movie rental stores are encountering financial problems.  For only $8.99 per month you can have access countless mail-in DVD's, as well as select video streaming through your computer, xbox, and other internet devices.  When considering it costs about $5 for a regular 5 day rental from Blockbuster, one wonders why anyone would even consider renting from blockbuster when you can get anywhere from 8-12 rentals a month from Netflix instead of the price of 2 at Blockbuster.

And with the recent news that Netflix has signed a deal with HBO and Showtime to stream their television series.  This means that Netflix users can have access to HBO and Showtime Series for $8.99 a month pus the movie viewing benefits, where some subscribers to HBO and Showtime pay $10-15 a month for each of these channels.  With just those figures, one can see that although Netflix and HBO teamed up for this partnership, Netflix also has the ability to damage their customer base in the coming years.  However, the one caveat in the deal is that HBO doesn't release many of their original series for streaming until 90 days after they air.

With 15 million subscribers and growing, Netflix along with Redbox have combined to completely change the movie rental industry.  And with the efficiency and information exchange required to operate this business models, it is easy to see that innovative information technology is required for these business models to be successful.  This is just one of the many industries that have been revamped by technology in the 21st century, and many companies in different industries under the same pressures as Blockbuster better take notice and adapt if they expect to avoid a Chapter 11 bankruptcy.

Wednesday, September 8, 2010

What can the iPad do for you?

Remember the first time you saw that little 10" notebook computer that you weren't quite sure what it was? A 10" or so screen that looked like a mini computer, that's the netbook.  They were introduced in 2007 to offer an affordable alternative to laptops or desktop PC's that perform basic computer functions.  They have become quite popular as consumers turn to the netbook for internet browsing, simple application, and transportation conveniences.  Then came the iPad in 2009, Apple's new revolutionary product that shook the PC marketplace.  Which brought the question, are iPad's the new netbook or laptop substitute of the future?

Now the iPad has already established a solid customer base with 3 million units already sold this year, with over 6 million projected by year end.  Apart from Netflix, iBooks, and USA Today, the next most downloaded apps for the iPad were productivity apps such as Pages, Keynote, and Numbers.  I have seen this trend coming, as users become more familiar with Mac operating systems through devices such as the iPod and iPhone.  Consumers have begun to turn toward more mobile devices that can be easily used anywhere, which the iPad provides with its Wi-Fi and 3G.  I also believe that if open systems, universal programing and document format, become the new norm, the iPad will see an even increased rise in market share due to the fact that many PC users don't switch to Mac products due to unfamiliarity with the software.

As a former PC user and recent Mac converter, I can say that my recent switch to the iPhone and increased popularity of Mac products have swayed me to test and learn how to use Macs.  I am also intrigued by the iPad as it seems to be a perfect secondary product to use for basic computer purposes, travel, and read textbooks with.  If digital textbooks and ebooks take off I will probably make my conversion to the iPad sooner rather than later, a trend i expect to continue among consumers in the near future.

Sunday, September 5, 2010

Are We Becoming Too Careless?

After reading the article about Google's settlement of a class-action lawsuit totaling $8.5 million over personal information privacy linked to their social networking service, Buzz, one must wonder if our personal information is as safe as we think it is.  The controversial issue involved users of Buzz that had their names linked to their gmail email accounts made public without the users knowledge.  This has only added to the criticism of the way Google handles its sensitive personal information, as this is shortly after the internet giant was hacked into by the Chinese Government.  This raises the question, exactly how secure is the internet and are we too willing to give our personal and financial information to internet websites?


My answer to this question is Yes.  I am constantly registering for accounts on various sites and using my debit card to make online purchases, without really understanding how internet security works.  I do know that secure sites have the small lock icon somewhere in your browser, and the site usually advertises secure login or something of that nature to let the user know their information is safe, but what is exactly stopping some expert hacker or new software from penetrating the system.  If arguably the most innovative and technologically advanced company can be hacked into and make such careless decisions as the Buzz controversy discussed above, then really how secure is our information on the smaller sites and online stores?  Like many things we become comfortable with, it has become virtually instinctive for us to apply for an account on a website that requires it for access, giving away our personal information too freely.  I believe we are in for a rude awakening when a website with lots of private personal and financial information in its system is hacked into and results in a widespread identity or credit card theft.