We need more Hubris in America!
Today Apple has announced “We’re Not Pefect“, and that they will give everyone a free protective case for their iPhone 4. Of course the reason is that the case insulates your hand from the wrap around stainless steel frame that is acting as an antenna.
Daniel Lyons of Newsweek does an excellent job of telling us how hubris has impacted Apple in his July 15 on line posting. “Apple had this really clever idea and just couldn’t let it go. Why not put a stainless-steel frame around the phone and have that frame serve as the antenna? Jobs made a big deal out of this innovation when he introduced the phone in June, calling it “brilliant engineering” and boasting that the antenna design “has never been done before.”
Apple’s success is wrapped around Steve Jobs. So naturally he is the ultimate holder of the Hubris Award. He has seen his company, which he co-founded, grow to a company with a market cap of $229 Billion and earnings per share of $12.96. Stock market ID is APPL. IN just this past year alone shares in that company have risen from $148.63 to today’s $252.00.
Remember when he gave his demo of the new phone? He could not access the internet. Now this unfortunate event. Perhaps it is a good thing there are other people like Steve Jobs. They are the individuals who will help bring America out of its current funk.
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