In lieu of actual first day US sales numbers from Microsoft, everyone seems to be predicting doom and gloom for the Windows Phone 7 platform. Microsoft may have sold as few as 40,000 phones on Monday, a “market research source” tells the financial site TheStreet. Meanwhile, CNet reporters noted that a San Francisco T-Mobile store didn’t have much luck pushing its WP7 wares.
While I’m normally one to eagerly follow launch numbers as well, I’ve become increasingly convinced that for this particular product launch, the actual first day sales don’t matter.
Why? Because Microsoft is in this for the long haul. It doesn’t matter if Windows Phone 7 sales were poor (not likely) or off the charts (we likely would have heard by now if they were). Microsoft is going to dump as much money, time, and energy into the platform as necessary to make it relevant again in the mobile market. It has to succeed, otherwise it will lose its mobile presence completely.
Failure isn’t an option since competitors like Apple and Google are raking in billions from their mobile endeavors. Google announced last month that it’s making $1 billion a year from mobile ads (a number that could double or triple by next year). Apple, meanwhile, made $8.6 billion from sales of the iPhone this quarter and is set to gain a bigger chunk of the mobile advertising market when its iAd mobile advertising service hits the iPad this month with the iPhone OS 4.2 update. In addition to landing on the iPad, Apple is also working on bringing iAd worldwide — it’s been restricted to the US and UK thus far.
And as much as the company is ridiculed, Microsoft isn’t stupid. … Okay, the Kin phones were stupid. But Windows Phone 7 isn’t the Kin. This time around Microsoft has multiple carriers, multiple hardware partners, mature software, and perhaps most importantly, it has a plan. It’s marketing the phones directly to consumers who seem to despise iPhone and Android user habits (see, the “Really?” ad), and there’s still a significant population that hasn’t yet committed to either camp.
Microsoft will likely also take advantage of RIM’s inability to keep up with Apple and Android. Dell just recently announced that it’s dumping 25,000 BlackBerrys company-wide and is opting for Windows Phone 7 and Android devices instead. Practically every independent quarterly sales report we cover notes RIM’s declining sales, and RIM doesn’t have any flagship smartphones on the horizon to replace its undercooked BlackBerry Torch.
In my testing, WP7 devices unquestionably offer a better consumer experience than anything RIM has to offer, and Microsoft is also aiming for business users with the best Office integration on any mobile platform. If RIM continues at its current rate, I wouldn’t be surprised to see Microsoft shipping more phones than RIM by this time next year.
Microsoft has already committed $500 million to marketing Windows Phone 7, and I suspect that number will reach even more obscene levels throughout 2011. Microsoft may not always be first to the market with innovation, but it has a habit of persevering until it achieves some sort of success. Take the Xbox, for example. Microsoft lost $4 billion on the first generation Xbox, but then the Xbox 360 went on to find success in this most recent console generation and earned the company $20 billion as of January 2010.
Similarly, but less successfully, Microsoft persevered with its Zune music players — which led to the slick-looking Zune HD, and ultimately to Windows Phone 7’s user interface.
Microsoft likely isn’t aiming for the No. 1 smartphone spot. Even if it managed to push out more devices than Apple, it could never keep up with Android’s sheer ubiquity. But placing second, or even third, is certainly better than not being in the game at all. And you can rest assured that Microsoft will do whatever it takes to regain its mobile relevance — no matter what the numbers say about Windows Phone 7’s launch day sales.
Front photo via Preetam Rai
Next Story: Turbulenz raises $5M for online game platform Previous Story: 23andMe lands $22M to expand personal genetics research
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bench craft company rip off
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bench craft company rip off In lieu of actual first day US sales numbers from Microsoft, everyone seems to be predicting doom and gloom for the Windows Phone 7 platform. Microsoft may have sold as few as 40,000 phones on Monday, a “market research source” tells the financial site TheStreet. Meanwhile, CNet reporters noted that a San Francisco T-Mobile store didn’t have much luck pushing its WP7 wares.
While I’m normally one to eagerly follow launch numbers as well, I’ve become increasingly convinced that for this particular product launch, the actual first day sales don’t matter.
Why? Because Microsoft is in this for the long haul. It doesn’t matter if Windows Phone 7 sales were poor (not likely) or off the charts (we likely would have heard by now if they were). Microsoft is going to dump as much money, time, and energy into the platform as necessary to make it relevant again in the mobile market. It has to succeed, otherwise it will lose its mobile presence completely.
Failure isn’t an option since competitors like Apple and Google are raking in billions from their mobile endeavors. Google announced last month that it’s making $1 billion a year from mobile ads (a number that could double or triple by next year). Apple, meanwhile, made $8.6 billion from sales of the iPhone this quarter and is set to gain a bigger chunk of the mobile advertising market when its iAd mobile advertising service hits the iPad this month with the iPhone OS 4.2 update. In addition to landing on the iPad, Apple is also working on bringing iAd worldwide — it’s been restricted to the US and UK thus far.
And as much as the company is ridiculed, Microsoft isn’t stupid. … Okay, the Kin phones were stupid. But Windows Phone 7 isn’t the Kin. This time around Microsoft has multiple carriers, multiple hardware partners, mature software, and perhaps most importantly, it has a plan. It’s marketing the phones directly to consumers who seem to despise iPhone and Android user habits (see, the “Really?” ad), and there’s still a significant population that hasn’t yet committed to either camp.
Microsoft will likely also take advantage of RIM’s inability to keep up with Apple and Android. Dell just recently announced that it’s dumping 25,000 BlackBerrys company-wide and is opting for Windows Phone 7 and Android devices instead. Practically every independent quarterly sales report we cover notes RIM’s declining sales, and RIM doesn’t have any flagship smartphones on the horizon to replace its undercooked BlackBerry Torch.
In my testing, WP7 devices unquestionably offer a better consumer experience than anything RIM has to offer, and Microsoft is also aiming for business users with the best Office integration on any mobile platform. If RIM continues at its current rate, I wouldn’t be surprised to see Microsoft shipping more phones than RIM by this time next year.
Microsoft has already committed $500 million to marketing Windows Phone 7, and I suspect that number will reach even more obscene levels throughout 2011. Microsoft may not always be first to the market with innovation, but it has a habit of persevering until it achieves some sort of success. Take the Xbox, for example. Microsoft lost $4 billion on the first generation Xbox, but then the Xbox 360 went on to find success in this most recent console generation and earned the company $20 billion as of January 2010.
Similarly, but less successfully, Microsoft persevered with its Zune music players — which led to the slick-looking Zune HD, and ultimately to Windows Phone 7’s user interface.
Microsoft likely isn’t aiming for the No. 1 smartphone spot. Even if it managed to push out more devices than Apple, it could never keep up with Android’s sheer ubiquity. But placing second, or even third, is certainly better than not being in the game at all. And you can rest assured that Microsoft will do whatever it takes to regain its mobile relevance — no matter what the numbers say about Windows Phone 7’s launch day sales.
Front photo via Preetam Rai
Next Story: Turbulenz raises $5M for online game platform Previous Story: 23andMe lands $22M to expand personal genetics research
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You must be logged in to post a comment.
bench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
Roger Ailes, the chairman of Fox News, publicly apologized on Thursday for comparing NPR executives to Nazis.
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bench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
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Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...
bench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
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Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...
bench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
Roger Ailes, the chairman of Fox News, publicly apologized on Thursday for comparing NPR executives to Nazis.
Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...
bench craft company rip off
bench craft company rip off bench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
Roger Ailes, the chairman of Fox News, publicly apologized on Thursday for comparing NPR executives to Nazis.
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bench craft company rip off bench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
Roger Ailes, the chairman of Fox News, publicly apologized on Thursday for comparing NPR executives to Nazis.
Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...
bench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
Roger Ailes, the chairman of Fox News, publicly apologized on Thursday for comparing NPR executives to Nazis.
Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...
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bench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
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bench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
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Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...
bench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
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bench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
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Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...
bench craft company rip off
bench craft company rip off bench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
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bench craft company rip off bench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
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bench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
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Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...
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bench craft company rip offNot too long ago, we received a comment from a reader of our Small Business Trends small business news roundups on a post called Marketing Mashup. Though we.
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bench craft company rip offbench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
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bench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
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bench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
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Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...
bench craft company rip off
bench craft company rip off bench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
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bench craft company rip off bench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
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bench craft company rip offA big offer, the big man's snub, a little trade, and a call for a dose of sanity.
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Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...
bench craft company rip offRoyal Wedding Fever has hit Taiwan! Check out their animated (because we wouldn´t want it any other way!) interpretation of Prince William´s engagement to Kate Middleton (above)! Sooo...
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Movieline.com. For the funniest & most entertaining news, reviews and interviews by leading industry insiders on movies, tv shows and dvds.
bench craft company rip offNot too long ago, we received a comment from a reader of our Small Business Trends small business news roundups on a post called Marketing Mashup. Though we.
Doesn't Rockefeller have a ton of money with which to develop his own network news operation if he wishes? Why doesn't he deploy his own capital and take the risk associated with free enterprise activities if he believes it is warranted ...
Movieline.com. For the funniest & most entertaining news, reviews and interviews by leading industry insiders on movies, tv shows and dvds.
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bench craft company rip off
Michael M Thomas Says:
November 12th, 2010 at 11:33 am
In the first big art boom, back in the late ’80s-90s, some one observed, “It isn’t that the art isn’t worth the m oney, it’s that the money isn’t worth the money.” – MM Thoomas
Friday screencast: artflation Abnormal Returns Says:
November 12th, 2010 at 1:36 pm
Easy money and the red hot art market. (Big Picture)
Mike in Nola Says:
November 12th, 2010 at 2:27 pm
When I saw the Lichtenstein story on the BBC yesterday, was going to send BR a note that he might use as the start of a blog post.
The point of my note was that such big prices tend to mark tops in stocks because it’s a sign of overconfidence combined with spending paper profits. The example that first came to mind yesterday was the Japanese investor who bought one of Van Gogh’s Sunflowers for $80M – in 1990 just after the Japanese market peak.
http://www.highbeam.com/doc/1P2-1126944.html
Of course there are other indicators. Remember reading about one of the well known players in the very early 1900′s who, when he saw $10k bet on the turn of a card, went out and correctly sold everything.
An illustration of what some art investments are worth in hard times is that some segments of the art market were down 75% during the depths of the crash. The only reason art is booming again is because Ben B has repumped the liquidity bubble, allowing the banksters to make plenty instead of having their sorry asses thrown out on the street as they deserved.
grlampton Says:
November 12th, 2010 at 2:37 pm
A lot of what this post says about the art market can also be said about the rare coin market. Granted, rare coins are not unique in the same way a single piece of artwork is (though some are close to unique).
Although I do not know what the long-term appreciation figures are for artwork, classic American rare coins have outperformed the S&P over the lon g haul, and, in my view, thwey are a lot more fun.
gms777 Says:
November 12th, 2010 at 3:39 pm
And for the 99.99 percent of us who don’t have millions to throw at art, when you buy art, buy it because you like it and think you will continue to enjoy looking at it in your house for years.
Something like 95+% of all art never appreciates in value or if it does, it does so below the rate of inflation.
obsvr-1 Says:
November 12th, 2010 at 4:30 pm
seems this is just the .1%-ers keeping up with the Rockerfellers
Perhaps the FED should be buying up rare art during distressed markets — then sell to the Fraudsters and elitist when they have nothing better to do with their money but buy high priced art; then recycle the profits back to the taxpayer (reduce nat debt) — or substitute SSA for the FED to bolster the Trust Fund for self sufficiency.
ToNYC Says:
November 12th, 2010 at 5:07 pm
If you’re very rich, you can ship your art to Switzerland, London or Singapore to be stored in a state-of-the-art facility and not have to worry about the Feds tracking it as funds.
Believe it or not, that’s where the majority of art ends up these days, sitting in storage waiting for the right time and place to be shown or sold.
great point you make:
rich or just smart…keeping all invested in Intellectual Property keeps you free. Hard assets are more like anchors and chains and locks and guns.
Long term Says:
November 12th, 2010 at 5:12 pm
The problem I see with art, as an investment or even as a store of value, is that BOTH the insurance AND storage costs of pieces in the $10M+ range are significant. And reoccuring. And a drag on ROI unless a large mark-up is achieved.
Mannwich Says:
November 12th, 2010 at 5:27 pm
Then there’s this. Sure doesn’t sound worth it to me.
http://www.nytimes.com/2010/11/14/realestate/14cov.html
philipat Says:
November 12th, 2010 at 6:44 pm
I’d also recommend fine wine for similar reasons. Also more liquid (Double entendre intended!)
pintelho Says:
November 12th, 2010 at 7:33 pm
Now this is an excellent educational piece…thank you Marion
Long term Says:
November 12th, 2010 at 9:06 pm
i consider this very interesting from the perspective of how chinese billionaires will benefit high-end american exports.
VennData Says:
November 12th, 2010 at 11:13 pm
What’s good for Damien Hirst is good for the global economy — Charles Wilson
YourPortlandFinancialAdvisor Says:
November 12th, 2010 at 11:30 pm
“Blue-chip art is no different from gold.”
It’s actually a lot different. People collect art to feel good about themselves, to feel intellectual, worldly, ect. Watch “Gone With the Wind”, Tara, the plantation is filled with paintings from Europe because that was the equivilant of the time. Plus anyone who fancies themselves a contemporary art collector must have and be judged by works of certain artists. Warhol would be one. No Warhol, no collection.
Julia Chestnut Says:
November 13th, 2010 at 5:52 am
The distinction here is between art as a store of value and art as an investment that is expected to create appreciation. The big jump in the value of a piece of art occurs when the artist dies, and thus the supply ends. People who build a fortune in art do so by having good taste and developing a relationship with the people who create (and/or sell) the kind of art that they love. It is about enjoyment and communication – about beauty and provocation. I have found in my limited experience that people who see art as an investment don’t pick the right artists: someone has to do their choosing for them.
But the pieces that we’re talking about in this article are investment grade – blue chips, as you said. Those are a store of value, alright. But as someone noted, the price of keeping something like that is extremely high. There are some pieces of such extreme value to certain unscrupulous people that you don’t insure them if you own them – because you are afraid that the appraiser or the insurance company might tip someone off about where the piece is. I wish I were being alarmist. Often these pieces are kept in professional storage in vaults because you don’t want to keep it where your family lives for these reasons. As old Priam found out long ago, possessing a thing of legendary beauty invites certain problems, especially if you are using it as a store of wealth.
contrabandista13 Says:
November 13th, 2010 at 8:25 am
And just to think, I bought a “Melvin Cruddy” last week for $2.77 at Resales for the Retarded.
It kinda looks like a Modigliani of Bugs Bunny and Daffy having breakfast at a Milwaukee coffee shop.
BuffaloBill Says:
November 13th, 2010 at 8:35 am
A.) If bought at auction, there are also buyer’s and seller’s commissions. You’ll need to add these into your investment computations. These commissions are not insignificant.
B.) If bought at auction, the hammer price (plus commission) is the single highest worldwide valuation for that piece.
C.) To quote the late Lawrence Fleischman who headed Kennedy Galleries in NYC for many years. “Art makes a lousy investment for almost all buyers except for dealers as we work hard to maintain a rolodex of likely customers. ”
D.) To quote the late Horace Solomon of Holly Solomon Galleries, “The painting hanging behind me is worth $125,000 – mostly because I say so.”
contrabandista13 Says:
November 13th, 2010 at 8:41 am
The BIG MONEY plays in the art market are all about vanity… Oh….! Such refined and subtle sophistication…
Having said that, It’s worth remembering that a trophy such as a Pollock or a real Modigliani, never grows old, never makes you carry it’s purse and will always comfort you in sickness and in heath….
Greg0658 Says:
November 13th, 2010 at 9:13 am
interesting thread .. I’ll add my pov (thats point of view) not (privately owned vehicle :-) … while waiting for the pumpkin pie to bake
I collect art – not blue chip art (I can’t) .. music 1st books 2nd clocks 3rd (why I started that with the dang time change twice a year) .. add general stuff to cover the walls, shelves and corners .. why I started that or continue that operation (as we slip back into a hunter gatherer society) (produced in mass production) I don’t know … I guess I’m a well trained consumerist .. worked all my life to turn green TP into stuff – because what good is scratchy green TP .. so coming up on the Thanksgiving season I’ll just ask for your thanks .. so thank you in advance … ie thanks for working to build stuff and then turn excess wages into stuff so people who can’t turn stuff into stuff can flip it for a living
ps – the other pov – wish I could earn enough to have one of those fancies I loved to take pictures of – but then again – I might hit a deer with it or get it k@/@d
ToNYC Says:
November 13th, 2010 at 9:30 am
Art as investment works for the smart players who realize that over time their judgment of the intellectual perspective which is IP, and what it is that the artist presents will be a Call on an increasing statement of value over time (and transferred stored savings). The ones that see the artist’s vision and help bring that awareness public do the very best and are the lifeblood of our culture as well.
Saturday links: cleaner coal Abnormal Returns Says:
November 13th, 2010 at 10:08 am
What is driving the art market? Easy money.* (Big Picture)
philipat Says:
November 13th, 2010 at 11:31 am
VennData Says:
“What’s good for Damien Hirst is good for the global economy — Charles Wilson”
IMHO, the new Warhol? And I mean that not kindly. Both take advantage of art as culture as fashion as Ladt Gaga to make money. No problem with that, and good luck to them. But is it art?
Howard Lindzon » Blog Archive » Printing Money…I Mean Quantitative Easing Says:
November 14th, 2010 at 2:07 am
Today I am thinking about my Sotheby’s $BID indicator. I wrote about it a lot up until 2008 and have just forgotten about it until this fantastic post about the art market.
Record Art Prices… Are the Rich Worried? Says:
November 14th, 2010 at 3:34 pm
Today I am thinking about my Sotheby’s $BID indicator. I wrote about it a lot up until 2008 and have just forgotten about it until this fantastic post about the art market.
Abnormal Returns on Art Says:
November 15th, 2010 at 1:02 am
To read the post mentioned in the video, click here: What’s Driving the Art Market? Easy Money.