Barnes and Noble

Business Insider's Henry Blodget: How Apple is 'blowing it'

November 15, 2013: 4:52 PM ET

Is the company's predicament really as desperate as he makes it out to be?


FORTUNE -- Business Insider's Henry Blodget has a message for Apple "fans" -- an expression he used eight times in the space of one heavily illustrated post Friday, starting with the headline:

Come On, Apple Fans, It's Time To Admit That The Company Is Blowing It

Buttressing his message is a deck of slides -- including the one above -- originally presented as part of his keynote at BI's Ignition conference earlier this week.

Like most of the reporters who covered IDC's latest smartphone sales report, Blodget left out the important caveat about both tablet and smartphone sales in Q3: Millions of Apple customers were holding out for this year's models, lowering Apple's Q2 and Q3 market share and creating pent-up demand for Q4.

Besides, if Apple (AAPL) is "blowing it" based on the tablet sales data presented here, what do you call what Microsoft (MSFT), Amazon (AMZN), Research in Motion (BBRY) and Barnes and Noble (BKS) are doing?

For the rest of Blodget's slide deck, click here.

  • Amazon vs. your public library

    Will consumers buy as many e-books when they can borrow them?

    By Verne Kopytoff

    FORTUNE -- Amazon's dominance in digital books is under perpetual attack by Google (GOOG) and Apple (AAPL). Now you can add another threat to the list: the public library. That's what an analyst from Barclays suggested in a recent research report. Consumers will likely avoid buying e-books if they can borrow them from the library for free.

    "As MORE

    Jul 22, 2013 10:13 AM ET
  • U.S. v Apple: A puzzle with a big piece missing

    The government's e-book antitrust case against Apple makes perfect sense -- so long as you don't ask why Amazon was pricing below cost.

    By Roger Parloff, senior editor

    FORTUNE -- By the time summations concluded last week in the government's e-book antitrust suit against Apple, Apple had amply vindicated CEO Tim Cook's out-of-court characterization of the case as "bizarre."

    Yet it still might not win. On the contrary, if federal judges read MORE

    Jun 25, 2013 2:51 PM ET
  • US v. Apple could go to the Supreme Court

    The unique facts of Apple's case will make it a singularly sympathetic one to today's markedly pro-business Supreme Court -- if the case reaches it.

    By Roger Parloff, senior editor

    FORTUNE -- After Monday's opening statements in the government's federal antitrust case against Apple --  stemming from Apple's game-changing foray into the then nascent ebooks market in 2010 -- it's apparent that the case raises novel legal questions that could well MORE

    Jun 5, 2013 12:36 PM ET
  • Why Japanese readers don't like e-books

    Japan has some of the fastest internet connections in the world, but physical media such as books and DVDs still remain popular.

    By Michael Fitzpatrick

    FORTUNE -- Despite Japan's "default-setting-for-the future" status, coined by Sci-fi writer William Gibson, time on this rocky archipelago appears to be headed backwards. Kerosene is replacing nuclear energy; deflation, not inflation, is still rife; and, publishers are clinging energetically to print when, in neighboring South Korea, MORE

    Feb 11, 2013 2:48 PM ET
  • 4 reasons Windows would boost the Nook

    Barnes & Noble won't confirm that its e-reader will run its new partner Microsoft's upcoming mobile operating system. But here's why it should.

    FORTUNE -- When Barnes & Noble announced a strategic partnership with Microsoft earlier this week, they set tongues wagging. It wasn't only because the Redmond, Washington-based software giant will invest a whopping $605 million in the Nook business over the next five years. What technophiles frothed over was MORE

    - May 3, 2012 3:11 PM ET
  • Barnes & Noble CEO: NFC coming to the Nook

    William Lynch talks about the future of the Nook business -- including how the company's software could be used in Windows and the potential of NFC chips showing up soon.

    FORTUNE -- The battle for e-book dollars became a lot more interesting earlier this week when Barnes & Noble (BKS) announced a strategic partnership with Microsoft (MSFT). Over the next five years, the Redmond, Washington-based software giant will invest at least $605 MORE

    - May 1, 2012 2:47 PM ET
  • Today in Tech: Why the traditional e-reader is doomed

    Fortune's curated selection of tech stories from the last 24 hours. Sign up to get the round-up delivered to you each and every day.

    * Barnes and Noble (BKS) may spin off its Nook e-reader business, news that came as a surprise to many. The company slashed its fiscal 2012 guidance and now expects sales of $7.1 billion instead of the $7.3 billion forecast. The reason? Lower-than-expected sales of its Nook Simple Touch. (CNNMoney)

    * Over at MORE

    - Jan 6, 2012 12:11 PM ET
  • One tablet to rule them all? Baloney.

    New devices from Amazon and Barnes & Noble are drawing de-facto comparisons with Apple's iPad. Turns out, the search for the uber-tablet is totally misguided.

    FORTUNE -- November may well be remembered as the month the "tablet wars" got more interesting, when Amazon and Barnes & Noble catapulted competitive devices into a waiting and eager market. For the Kindle Fire in particular, media and consumers fixated on the idea that a MORE

    - Nov 23, 2011 11:15 AM ET
  • Nook Tablet: Great hardware begging for an ecosystem

    Barnes and Noble's Nook Tablet is a beautifully designed device that sports a slick interface. Too bad it costs so much and lacks for extras.

    FORTUNE -- Barnes & Noble is not in an enviable position. Its new Nook Tablet is launching in the shadow of Amazon's Kindle Fire, a device many reviewers -- myself included -- think is likely to take second place behind Apple's dominant iPad. (In fact, I MORE

    - Nov 15, 2011 8:19 PM ET
Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Powered by VIP.