Facebook, Amazon, Google, IBM and Microsoft Create Partnership on AI

Re:Facebook, Amazon, Google, IBM and Microsoft Create Partne... by altcognito on Wednesday September 28, 2016 @08:36PM (#12602492)

I also don't think of them as a straight technology company, but more of a best of breed product company focused on a great user experience. In that sense, high risk, long term investments that don't have an immediate application don't fit their profile.

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Re:Facebook, Amazon, Google, IBM and Microsoft Create Partne... by princeb on Wednesday September 28, 2016 @09:09PM (#12602621)

> best of breed product company focused on a great user experience

somehow i put them in the same category as LG, Samsung and Sony, albeit 100x better at what they do.

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Re:Facebook, Amazon, Google, IBM and Microsoft Create Partne... by matt_wulfeck on Wednesday September 28, 2016 @09:24PM (#12602685)

Apple's fastest growing revenue stream is services. It's already a 20 billion a year profit machine.

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Re:Facebook, Amazon, Google, IBM and Microsoft Create Partne... by jordan_litko on Thursday September 29, 2016 @12:55AM (#12603379)

Can you give more information on this? I had no idea they had such a potent revenue stream in the services sector.

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Re:Facebook, Amazon, Google, IBM and Microsoft Create Partne... by matt_wulfeck on Thursday September 29, 2016 @01:38AM (#12603478)

When Apple reported Q3 earnings this year, Tim Cook said that the services revenue would be "the size of a Fortune 100 company by next year."[0] Revenue was ~6 billion in Q3, up 19% from a year prior. That comes out to roughly 20 billion a year.

When I saw everyone playing Pokemon Go and buying coins and what have you, I thought of Apple taking a 30% cut of every transaction...

The service revenue really is the strongest case for being a bull. Of course this is just my own personal opinion. I own the stock and I'm long on the prospects. I also love the products. Also so much cash!

[0] http://www.businessinsider.com/apple-ceo-tim-cook-services-q...

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Re:Facebook, Amazon, Google, IBM and Microsoft Create Partne... by cybernytrix on Wednesday September 28, 2016 @09:48PM (#12602785)

Apple has its own OS, compilers, IDE, 2+ languages, various frameworks etc. This is more than what Google, more importantly used a lot by people. But yeah it just a hardware company.

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Re:Facebook, Amazon, Google, IBM and Microsoft Create Partne... by bitmapbrother on Thursday September 29, 2016 @01:54AM (#12603519)

Not really. Google has Android OS, Chrome OS, Brillo OS, Andromeda OS, Fuchsia OS, Android Studio, Go, Dart, Angular JS, etc...

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Re:Facebook, Amazon, Google, IBM and Microsoft Create Partne... by mgoodness on Wednesday September 28, 2016 @11:08PM (#12603064)

Android, ChromeOS, Go, Dart

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Re:Facebook, Amazon, Google, IBM and Microsoft Create Partne... by seanp2k2 on Thursday September 29, 2016 @12:03AM (#12603210)

Yea but Samsung has Bada, Knox, Tizen (partially), JerryScript, Kies, etc

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Re:Facebook, Amazon, Google, IBM and Microsoft Create Partne... by neosat on Thursday September 29, 2016 @12:46AM (#12603355)

Technology is broader than just software (though I'm not implying you said it is just software). Apple is a phenomenal technology company - their hardware + software integration is unmatched and they have made advances in everything from software to hardware to supply chain optimization to manufacturing technology.

Also, they are ( or at least were) a prime example of a company that can bet on high risk, longish term investments that don't have an immediate application : e.g. their investment in chips, touch technology etc. It may not be as long term as some of the Google X stuff but I don't think it is fair to call them averse to making high risk long term investments.

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