Originally Posted by tranquility
The writer of this article, Daniel Eran Dilger
, has no clue -- NONE!!! -- what Adam Smith's invisible hand of the market metaphor refers to or means. Had he known, he wouldn't have used it to shoot what's remaining of his credibility straight to Hell. How embarrassing. What he said is complete, utter NONSENSE.
Originally Posted by jameskatt2
Ultrabooks are going to lose - big time.
The problem for Intel and Microsoft is that they have - for decades - touted features and lower cost as a reason to purchase or upgrade PCs.
The invisible hand is described as "competition between buyers and sellers that channels the profit motive of individuals on both sides of the transaction such that improved products are produced at lower costs". Apple has, for as long as I can remember, lived up to their mantra of being a yardstick of quality.
Year after year, their higher quality products have driven the competition to improve the quality of their products while undercutting Apple on price simply because the market has decided that Apple's compromise between quality and price is the one they prefer.
Apple makes a revolutionary phone, the competition is all about phones.
Apple makes a revolutionary tablet, the competition all try to make decent tablets.
Apple makes an ultraportable that is affordable and fast enough that it drives the competition to get out of their dangerous race to the bottom (chunky, heavy plastic laptops that generate little to no profit).
Ultrabooks won't fail because they offer what Apple has demonstrated is the right set of compromises to make for the consumer. The PC marketing teams just have to learn that thin, light and having long battery life are features too. Shipping with SSDs will also drive their price.
While the perpetual references to Apple's influence can be seen as specious, there's no question we have the best phones, tablets and laptops now that they all look like the ones Apple pioneered. Apple doesn't own a patent on innovation but there's no denying that their influence has been the driving force in the tech industry and it's for the better. The competition and hard-nosed haters will continue to hold them in contempt but they will end up better off.