As for Tony, I also had genuine high estime for this guy and what he had done at Apple and Nest... Tony really ? Did you need those additional 3.2B in your bank account ? Is there anyone left in Silicon Valley what would not drop his pants and bend over in front of Schmidt ?
I'd wager you'd drop your pants and bend over in front of Schmidt, for a LOT less then a billion...
Apple isn't going to do Home Automation. They are providing the platform and ecosystem that the Home Automation experts can leverage as another tier to the current Apple ecosystem.
Another product down the drain, with Google getting their hands on the data which Nest hold now and into the future will mean a lot. (Your Habits) This will give them when you move and where, many rooms or not, vacation, and your daily routine in how you use the Nest heating/cooling.
The agreement signed does not mean it can't be changed in the future to Googles advantage! Plus the fact this products fame globally with the aid of Apple Stores, also the fact that it fits quite nicely into those economies Europe, Asia for the way it's setup/sold? Compared to similar products.
It's beauty in design & simplicity I know some don't think much of it in it's capabilities or the recent changes of mobile control.
Apple isn't going to do Home Automation. They are providing the platform and ecosystem that the Home Automation experts can leverage as another tier to the current Apple ecosystem.
But if they wanted to they could do it for less than $3B. Remind me again why Apple purchased WIFI Slam?
Apple isn't going to do Home Automation. They are providing the platform and ecosystem that the Home Automation experts can leverage as another tier to the current Apple ecosystem.
But if they wanted to they could do it for less than $3B. Remind me again why Apple purchased WIFI Slam?
Thanks for this. I'm seeing a lot of tech writers lament/question why Apple didn't pick up nest. I'm still struggling to understand why Apple would need nest. Apple certainly isn't lacking in hardware chops. My guess is if Apple wanted to get into this space they could do so for less than $3B. One thing that props up Google's stock price is this idea that they have all these irons in the fire. Apple is a much more focused company. Wall Street could care less if a Google is.
Thanks for this. I'm seeing a lot of tech writers lament/question why Apple didn't pick up nest. I'm still struggling to understand why Apple would need nest. Apple certainly isn't lacking in hardware chops. My guess is if Apple wanted to get into this space they could do so for less than $3B. One thing that props up Google's stock price is this idea that they have all these irons in the fire. Apple is a much more focused company. Wall Street could care less if a Google is.
Apple doesn't buy solutions – Apple buys methods with which to develop Apple solutions!
Nest's products seem cool, but I don't think that Apple should have paid anything close to that amount, so let Google have them.
In real terms Google only partially bought them. From memory, google's capital investment arm already had made a substantial investment in the company, so part of the purchase is cost for one part of Google and profit for another.
Kudos for your well thought-out and detailed post addressing many questions. Seriously.
But the essence of your response to me regarding Google's strategy is that it is swamping us (or at least, trying to, since it has not gotten anywhere yet) with a 'cheap bastards' approach (I am quoting you).
That may very well be the case, although I'll believe it when something actually sticks. But we know that'll never be Apple's strategy. And it is unclear how that will make money for Google.
I am so glad that I didn't end up buying a NEST thermostat. I seriously looked into it, but I have been divorcing myself from everything Google for a while now. So, lucky break for me.
But what about privacy? Would Nest customers be happy that Google now knew what time they were leaving their homes?
"Our Nest privacy policy clearly limits the use of the customer information we gather to improving Nest's products and services," says Fadell. "The terms of service are not going to change."
But more interestingly he went on: "Already there's all kinds of things that Apple and Google collect from your smartphone. They already know a lot more about you than we actually do."
So, privacy isn't an issue as Apple and Google already know more about you than does Nest. Oh, good then.
Did Apple make an aesthetically similar search engine I haven’t heard of?
Nope.
Google had purchased Android well before Schmidt was added to Apple's board so Google's development of a smartphone OS was hardly a surprise. Even the details of what their progress was so far may not have been unknown to Mr. Jobs. Keep your enemies close maybe? Perhaps.
BTW weren't you the one claiming that Apple or someone in management there at some point accused Schmidt of stealing trade secrets from them? Did you ever find that citation you were looking for? I've not seen comment from anyone at Apple even hinting that occurred but you apparently had. Personally I've always viewed it more as a product of a vivid imagination used to rally the troops, circle the wagons, that kind of stuff.
So don't see any particular need to hash over it again and again as no one has ever offered Apple statements or other evidence proving Schmidt was stealing secrets from Apple. But you can be the first. Otherwise it's kinda he said she said isn't it? Heck not even that as no one that would know has even felt it worthy of commenting on AFAIK.
Comments
I'd wager you'd drop your pants and bend over in front of Schmidt, for a LOT less then a billion...
Apple isn't going to do Home Automation. They are providing the platform and ecosystem that the Home Automation experts can leverage as another tier to the current Apple ecosystem.
Mmmm... My uncle worked for them in the days when they were Minneapolis – Honeywell...
When I work for IBM in the 60s, Honeywell was a manufacturer of maimframe computers.
Nest hold now and into the future will mean a lot.
(Your Habits)
This will give them when you move and where, many rooms or not, vacation,
and your daily routine in how you use the Nest heating/cooling.
The agreement signed does not mean it can't be changed in the future to Googles
advantage!
Plus the fact this products fame globally with the aid of Apple Stores, also the fact
that it fits quite nicely into those economies Europe, Asia for the way it's setup/sold?
Compared to similar products.
It's beauty in design & simplicity I know some don't think much of it in it's capabilities
or the recent changes of mobile control.
[VIDEO]
http://thenextweb.com/apple/2013/03/26/what-exactly-wifislam-is-and-why-apple-acquired-it/#!r9Ck3
http://appleinsider.com/articles/13/03/25/apples-20m-purchase-of-wifislam-snubs-googles-android-for-indoor-map-tech
Yeah... $20 million!
Apple doesn't buy solutions – Apple buys methods with which to develop Apple solutions!
I don't blame the guy for selling to Google.
For 3.2 Billion, how can you?
Nest's products seem cool, but I don't think that Apple should have paid anything close to that amount, so let Google have them.
In real terms Google only partially bought them. From memory, google's capital investment arm already had made a substantial investment in the company, so part of the purchase is cost for one part of Google and profit for another.
What on Earth leads you to need to ask this question?
" src="http://forums-files.appleinsider.com/images/smilies//lol.gif" />
Yeah, see, ‘every company’ doesn’t make a living on doing dirty things. Google does.
Kudos for your well thought-out and detailed post addressing many questions. Seriously.
But the essence of your response to me regarding Google's strategy is that it is swamping us (or at least, trying to, since it has not gotten anywhere yet) with a 'cheap bastards' approach (I am quoting you).
That may very well be the case, although I'll believe it when something actually sticks. But we know that'll never be Apple's strategy. And it is unclear how that will make money for Google.
For those who wonder what possible interest Google could have in buying Nest :
Simple, they wanted an Android app for the Nest.
Yeah, see, ‘every company’ doesn’t make a living on doing dirty things. Google does.
Google? Only ONCE !
It started when they first had someone on Apple's board, and it hasn't ended today.
FWIW Apple also had someone on Google's board.
Did Apple make an aesthetically similar search engine I haven’t heard of?
I think the BBC is not convinced:
http://www.bbc.co.uk/news/technology-25726521
...and of course, the issue of privacy:
But what about privacy? Would Nest customers be happy that Google now knew what time they were leaving their homes?
"Our Nest privacy policy clearly limits the use of the customer information we gather to improving Nest's products and services," says Fadell. "The terms of service are not going to change."
But more interestingly he went on: "Already there's all kinds of things that Apple and Google collect from your smartphone. They already know a lot more about you than we actually do."
So, privacy isn't an issue as Apple and Google already know more about you than does Nest. Oh, good then.
You two forgot to stamp your little feet.
Nope.
Google had purchased Android well before Schmidt was added to Apple's board so Google's development of a smartphone OS was hardly a surprise. Even the details of what their progress was so far may not have been unknown to Mr. Jobs. Keep your enemies close maybe? Perhaps.
BTW weren't you the one claiming that Apple or someone in management there at some point accused Schmidt of stealing trade secrets from them? Did you ever find that citation you were looking for? I've not seen comment from anyone at Apple even hinting that occurred but you apparently had. Personally I've always viewed it more as a product of a vivid imagination used to rally the troops, circle the wagons, that kind of stuff.
So don't see any particular need to hash over it again and again as no one has ever offered Apple statements or other evidence proving Schmidt was stealing secrets from Apple. But you can be the first. Otherwise it's kinda he said she said isn't it? Heck not even that as no one that would know has even felt it worthy of commenting on AFAIK.
YEAH. BECAUSE ANDROID SURE DIDN’T CHANGE BETWEEN PURCHASE AND RELEASE.