This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Tim Cook Is Doing Just Fine, One 'Incremental' Step at a Time

There is No Serendipity on Demand

In all these examples, there's a loop of development, a Tech Loop. The very process of improving the hardware brings new opportunities, and that, incrementally, with passion and imagination, refines the original service to something never before thought possible. In fact, that's how the Internet itself evolved.

It can be expected that, along the way, new hardware in the form of a new device might be needed to integrate or support certain new services. That's called a new product category. That could be an elegant home automation server, a new kind of media server, better home backup than simple Time Machine drives, or, say, a new kind of display or input.

However, by now it should be obvious that Apple doesn't just dream up new hardware, as some companies do, because it can. (Like Google (GOOG).) Instead, the hardware naturally evolves from the foundation of the current Tech Loops and integrates with all of them. Just as an example, a home automation server, built on iOS, could interface to all the iOS devices present in the household and open the door to new services.

All the above is a far cry from the product sequence, so often seen as a demand from Apple:

Macintosh -> iPod -> iPhone -> iPad -> Device "X"

Where Device "X" is some mythical hardware that Apple must dream up now, in magical Steve Jobs style, or perish.

Summary

New hardware devices can be expected evolve naturally from the synergy of Apple's current services, operating systems and hardware. As the company addresses fundamental human problems, the current hardware will evolve, just as the iPhone has.

Eventually, when the need arises, a new branch of hardware spins out as a result of all the previous development. As a result, there's no urgent need to pull Device "X" out of the hat, urgently and on demand by observers, in order to meet some fantasy timeline.

At the time of publication the author had no position in any of the stocks mentioned.

This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.

>>Read more: Apple Preparing a Mystery Feast for Hungry Fans

2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $125.42 -0.75%
FB $82.93 -0.32%
GOOG $553.54 0.27%
TSLA $191.27 0.37%
YHOO $44.82 -0.29%

Markets

DOW 17,912.30 -64.01 -0.36%
S&P 500 2,080.00 -6.24 -0.30%
NASDAQ 4,930.0360 -17.4050 -0.35%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs