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AppStore – Apple’s Best Idea Yet?

8:31 pm, November 19th, 2008, Lonnie Lazar

The AppStore “is causing a sea change in both the mobile phone industry and the gaming industry that threatens the viability of all competitors,” according to technology stock analyst Jason Schwarz at Seeking Alpha.

Calling the AppStore bigger than the Mac, the iPod and the iPhone, Schwarz points to comments made by Steve Jobs during Apple’s recent earnings conference call with industry analysts, in which he pointed out that the company is now benefiting from being at the center of a cycle in which cool applications beget more sales, thereby creating an even larger market which will attract even more software development.

Schwarz writes that Apple and the AppStore have “brought the Internet to the level…everyone expected during the tech bubble…[with] efficiency of distribution [that] is impossible for the traditional model to compete with,” and goes on to identify Apple stock, trading in the $80 range, as “a unique wealth building opportunity.”

Some Cult of Mac readers have lately complained about the preponderance of iPhone and iPhone app-related coverage we have been publishing, but the fact of the matter is that AppStore development is exploding. It represents where much of Apple and Mac oriented creativity exists right now. And if Schwarz is right when he says “Modern day society values its computers and phones above all else,” then AppStore news and product development are likely to increase and not fade away.

Posted by Lonnie Lazar in Apple, Opinions, iPhone, iTunes | Comment on this article

About the author

Lonnie Lazar

Lonnie Lazar is a writer, musician, web designer attorney. He writes about Apple for Cult of Mac and Mac|Life, and about VoIP and telecommunications for Voxilla. Follow Lonnie on Twitter @LonnieLazar, join the Cult of Mac on Facebook, and find Lonnie's photos on Flickr.

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3 comments

    [...] SeekingAlpha hat einen interessanten Artikel zum Thema AppleStore. Demnach ist dieser “größer als der Mac, größer als der iPod”. Der Artikel verweist unter anderem auf Statements die Steve Jobs zum Thema gemacht hat (”We’ve never seen anything like this in our careers”). Definitiv lesenswert. (via CultOfMac) [...]

    MMS in Schweden, DRM-freie Musik im iTunes-Store? | macophilia - Mac, iPod, iPhone und alles andere von Apple, on November 20th, 2008 at 12:05 pm

    [...] Upcoming event: Mobile Dev Camp – Peter Robinett @ AWS Start-Up Event, Amsterdam Click to Play Peter Robinett is announcing the Mobile Dev Camp, a two day event on November 29 and 30 devoted to developing mobile applications for the iPhone, Android and Symbian platforms. The first day consists workshops, while the second day is devoted to building applications in the Hackathon. Everything you need to know about the Dev Camp can be found at http://www.mobiledevcamp.nl. And don’t forget to post on their job board (www.mobiledevcamp.nl/job_board/) if you’re looking to hire a developer. Sounds also like a great opportunity for non-Dutch to get to know to interesting people and maybe co-workers!Related articles by ZemantaNokia goes after Google with open-source SymbianFree app uses iPhone pictures to provide product pricing, infoCan the iPhone Beat Symbian OS?Battle of the Mobile Phone Operating Systems [Lifehacker Faceoff]Mobile 2.0 conference is all about innovation….and the recessionAppStore – Apple’s Best Idea Yet? [...]

    Tiburon-TV » Blog Archive » Upcoming event: Mobile Dev Camp - Peter Robinett @ AWS Start-Up Event, Amsterdam, on November 20th, 2008 at 1:56 pm

    [...] wrote a couple of weeks ago about the proposition that the AppStore could be Apple’s most revolutionary development of [...]

    AppStore Bucks Economic Downturn Trends | Cult of Mac, on November 30th, 2008 at 10:03 pm