NEW YORK (TheStreet) -- So, pursuant to the recently-published Buy Apple Because Its Does Not Participate in Silicon Valley's Insanity, I can't help question the logic of the crowd. Of what appears to be the consensus.
I'm having trouble finding words here. And the more I read spew like Facebook is so brilliant and Apple is so 2007, the more without speech I become.
Facebook buys WhatsApp, at least in part, because WhatsApp managed to amass a user base that Facebook envies. With that user base, WhatsApp has taken the lead in a space -- messaging -- where Facebook has, to some extent, failed and Twitter (TWTR) has failed miserably.You could logically call the aforementioned failure a weakness. Facebook remedies this weakness (or so the chic, jock-sniffer narrative goes), this miss on its part by spending billions of dollars (which, again, might as well be in Monopoly resources because it's part of Silicon Valley's shell game of shifting financial transactions) to buy WhatsApp. And somehow Apple comes out the weaker man in the eyes of many. Apple doesn't require this type of intervention. It doesn't need to buy a company for an outrageous sum to fill gaps in or defend its business. We ought to look at this reality and laud it as a strength. For example, Apple never saw -- because it never had -- the need to make a purchase of Motorola it would end up tapering off on. If Apple was a boat, it would be one of those big old ships you see way out in the middle of the ocean that nobody's messing with. Because they can't. These other companies, who, apparently act so "aggressively," are tantamount to tugboats either not confident enough in their core businesses or acting erratically to find a way to supplement or complement their cores. Yes, I am referring to Facebook and Google (GOOG).
We should consider Facebook weak and reactionary for making a feeble attempt to buy itself more time and, of course, keep the Silicon Valley 1980s-style, rock-n-roll coke party alive. As much as I respect him for what he has accomplished (how can you not?), Mark Zuckerberg is a child. And the only reason why so many of the adults in the room go along with his ultimately reckless flavor of inexperience is because they can get rich in the process. Those who aren't enriched by this idiocy -- namely quite a few members of the media -- support the inane activity merely because they're looking for a Twitter mention. That's what this world we run in has come to.
The media positions Facebook as strong and Apple as weak because it wants to be friends with the men of the hour in Silicon Valley. That's all fine and good, but don't forget who the stalwarts are. They're the companies that are OK with being quiet for a while. They're the ones who will stand the test of the time and not spend money simply because they have it or can pull it from their shareholder's behinds. Follow @rocco_thestreet --Written by Rocco Pendola in Santa Monica, Calif.
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