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Steve Jobs Revolution
Steve Jobs Revolution
Steve Jobs Revolution
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Steve Jobs Revolution

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Gain a new perspective on the religious tech wave of decade 2010. Not since the Transportation Revolution have we seen such a dramatic shift in the way our global neighborhood operates. As the world brews its perfect storm, Steve Jobs finds himself front and center in this new revolution. Enjoy the thought provoking read from the mind of investor Jason Schwarz.

LanguageEnglish
PublisherJason Schwarz
Release dateMar 31, 2010
ISBN9781452475677
Steve Jobs Revolution
Author

Jason Schwarz

Jason Schwarz is the founder of www.economictiming.com. His investment research firm supplies articles to a host of websites including TheStreet.com, Seeking Alpha and Yahoo Finance. Schwarz is well known on Wall Street for his common sense approach to the market. Apple followers are particularly fond of his writing as he is often the first to correctly interpret big news about the company. His first book, The Alpha Hunter, was published through McGraw Hill in December 2009.

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    Steve Jobs Revolution - Jason Schwarz

    STEVE JOBS REVOLUTION

    The Religious Tech Wave of Decade 2010

    by

    Jason Schwarz

    SMASHWORDS EDITION

    * * * * *

    PUBLISHED BY:

    Jason Schwarz on Smashwords

    Steve Jobs Revolution

    Copyright © 2010 by Jason Schwarz

    All rights reserved. Without limiting the rights under copyright reserved above, no part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form, or by any means (electronic, mechanical, photocopying, recording, or otherwise) without the prior written permission of both the copyright owner and the above publisher of this book.

    Smashwords Edition License Notes

    This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each person you share it with. If you're reading this book and did not purchase it, or it was not purchased for your use only, then you should return to Smashwords.com and purchase your own copy. Thank you for respecting the author's work.

    * * * * *

    STEVE JOBS REVOLUTION

    CONTENTS

    Chapter 1: Historical Significance of Steve Jobs

    Chapter 2: Eight Elements of Tech Evolution

    Chapter 3: Ten Projections for Apple's Future

    Chapter 4: Tipping Point of Critical Mass

    Chapter 5: Precedents

    Chapter 6: Religious Revolution

    Chapter 7: Looking Back to the Future

    * * * * *

    Chapter 1

    Historical Significance of Steve Jobs

    Don’t forget your history, nor your destiny.

    Bob Marley

    In honor of Steve Jobs being a big Beatles fan, let’s begin with a few lyrics from the hit song, Revolution:

    You say you got a real solution

    Well, you know

    We’d all love to see the plan

    You ask me for a contribution

    Well, you know

    We’re doing what we can

    Like most innovators Steve Jobs has his eccentricities. He has a thing for black turtle-necks. He likes blue jeans. He works under a veil of secrecy. He sees things that nobody else does and is able to bring products to market before we even realize we weed them. Did I just write 'weed them'? Yes. That would be my hybrid version of want and need. When Apple came out with the iPod we wanted one and then eventually needed one. The iPhone took our weed to a new level. The same thing is about to happen with the iPad. Apple is solving problems we didn't even know we had. They are changing the game. The man with the plan is certainly Steve Jobs. His contribution is so vast that it can get lost in its own vastness. You'll see what I mean…

    There are so many moving parts to the Apple story that no single article could ever provide an accurate portrayal of the company. Journalists and investors do their best to explain the short term news flow, but such procedures have a tendency to distort the long term fundamentals of the company. Apple is steadily changing the way the world works and the ramifications extend far beyond stock price. I felt it was important to compile my notes on Apple into one book as an attempt to get my arms around the scope of Apple"s reality within this Internet Age.

    In a world obsessed with transparency it drives us crazy to know that Apple is innovating in the shadows. I wish I could tell you that I have an insider relationship with Steve Jobs but I can't. Very few do. But I have keenly observed the Apple culture from my front row seat as a Wall Street technology investor. This company has become the central topic of market gossip; on any given day you can read ten to twenty rumor posts that fill the vacuum of Cupertino silence. This is just one of the unintended consequences of Apple secrecy: analysts, journalists, bloggers, taxi drivers, and the next door neighbor have all jumped onto the Internet to formulate a new media that spits out Apple speculation as if the insane were running the asylum. So much speculation can make it easy to lose track of the truth. A lot of what we read on the Internet is fed by hedge funds trying to make money off the momentum, both positive and negative. Hidden agendas abound.

    Apple is leading our global culture into uncharted technological waters and Steve Jobs is initiating the progress. Tech is changing the way we communicate, the way we travel, the way we work, the way we play, even the way we worship. As my wife Kelli and I were driving to a function she blurted out in disappointment, I forgot to record our favorite show tonight! After we had resigned ourselves to the fact we were going to miss out, I remembered that our satellite company had a new iPhone App that allows you to set your DVR remotely. Problem was, we didn’t have the app. Right there in the car Kelli searched for and found the Directv app in the App Store, wirelessly downloaded it within 10 seconds, entered our login information, instructed the app to record our show and bam! It was waiting for us when we got home. We looked at each other and laughed as this capability freaked us out. I'm sure you've had similar moments.

    My purpose in writing Steve Jobs Revolution is to hopefully open your eyes to what lies ahead, not just for purposes of investment decision making but to help you come to grips with the large-scale societal changes that all of us will deal with sooner or later. Whether you are a teacher, a lawyer, a small business owner, a politician or work in a lumber yard, it is paramount that you understand the ramifications of what Apple is doing today so that you can adapt accordingly. We are experiencing a dramatic shift in the way society operates. Those businesses and individuals that fail to keep up with the times are doomed to be frozen in time. Look at the bankrupt newspaper companies or the empty music brick and mortar storefronts. Some of this lost nostalgia is sad to witness but it comes as a price for progress.

    Periods of such large-scale changes in society are generally referred to as revolutions. Modern culture has benefited from multiple time periods in which advancements came about rapidly and seemingly out of thin air. What caused the light to go on in Henry Ford’s mind back in the early 1900’s? What brought about the Great Awakening of the 1730’s? Or the Renaissance of the 14th-17th centuries? Every so often the procedural norms of society change dramatically. While the core principles that govern life are unchanging and remain constant, the manner in which we go about our daily lives and exercise our agency can, and do reconstruct.

    When the history books look back on this generation I believe they will refer to this as the ‘Tech Revolution’, similar to the Transportation Revolution of the early 1900’s and the Industrial Revolution of the 1800’s. Who is bringing to market the contemporary steam engine? Who is building vehicles to take advantage of the new roads? Without question it is Steve Jobs. Some may argue that Microsoft’s Bill Gates deserves the top spot but upon further review you will find that although Gates was savvy enough to jump on the software bandwagon at the right time, the real enabler of our time was and is Steve Jobs.

    The Jobs/Gates comparison mirrors the Nikola Tesla/Thomas Edison rivalry of the early 1900’s. Those two went back and forth throughout their careers just like Jobs and Gates have done. It turned out that Edison’s Direct Current technology was inferior to Tesla’s Alternating Current electric system; as soon as Edison came to his senses and admitted that Tesla’s AC was superior he purchased interests in AC and established General Electric, one of the world’s great enterprises to this day. He profited from Tesla while Tesla moved on without recognition or wealth. Because of Tesla’s AC method, Edison’s light bulb flourished as it was able to be delivered widely, safely, and affordably¹

    Screenwriter Jonathan Nolan, who included the Tesla/Edison rivalry in his movie, The Prestige, had the following to say about Tesla, The more research you do on Tesla, the less you like Edison. Edison used all manner of PR tricks including...hiring people to go to State fairs to electrocute elephants with alternating current generators just to prove how dangerous AC was, I mean these guys did some wild, wild things.²

    Through it all, Tesla never stopped innovating. AC was just the beginning for him. He

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