As the visionary of our generation it isn't very often that Steve Jobs gets it wrong but he sure was missing on a few key points during the All Things Digital interview.
No. 1. Jobs said that cable operators "give everybody a set-top box for free, or for $10 a month. That pretty much squashes any opportunity for innovation because nobody's willing to buy a set-top box." Not true. Steve used Tivo has an example but he failed to mention that Tivo's technology became irrelevant the moment cable operators included DVR's to their service. The better example of a set-top box would be a gaming console like XBox or Playstation. Or even a DVD/Blu-ray player. Those boxes have different user interfaces and remote controls, and users even have to switch the input on the television to view the screen. Consumers certainly haven't shunned these products. In fact, we pay hundreds of dollars for each console and then we pay $10 to $40 per game/DVD/Blu-ray. Steve's statement was wrong. Consumers will pay and there is room for innovation with a set-top box. Steve would have been right had he had told us that the problems with Apple TV are speed and content. Downloading a movie via iTunes to view on Apple TV is a painfully slow process. The streaming technology employed by Netflix is far superior. As far as content is concerned, everyone is waiting to use mobile apps on the big screen television just like we do on the iPhone and iPad. Playing App Store games on the big screen with the iPhone or iPad as a remote control wouldn't cause consumers to pay a premium for a set-top box? Come on Steve. The App Store is the key to the future of the living room. Accessing a network television app that provides an a la carte menu of shows will destroy the cable companies. Gaming apps will destroy the traditional gaming consoles. News apps will destroy websites. Digital distribution of tailored content is a better model. Yes Steve, people will pay for the right kind of set-top box. Loading Comments... 1 2 3 Last » Next â?ºSHARE:
Featured Photo Galleries Go to Slideshow Archive Business News From The Web Warren Buffett Defends Moody’s at Hearing New York Times Home and car sales lift US stocks BBC Report: BofA acknowledges "foreclosure can be very appealing to customers" Calculated Risk ARM, IBM and Allies Announce Venture The Wall Street Journal. BP Searches for Another Way to Slice Through Pipe New York Times U.S. Car Sales Jumped in May The Wall Street Journal. Indonesia May Hold Rate on Low Inflation, Europe Risk (Update1) BusinessWeek Online Lenders Line Up for Australia Infrastructure Projects (Update1) BusinessWeek Online The Myth About Market Bubbles Forbes.com: Personal Finance News House prices pick up again in May BBC More Headlines TheStreet Premium Services Compare All Services Jim Cramer's Action Alerts PLUS: Now any level of investor can trade right alongside a Wall Street pro â?? and enjoy 24/7 access to his portfolio! Learn More Login NEW! Don Dion's ETF Action: A concise two-step strategy for learning and trading in this increasingly lucrative area of investing. For all levels of investors! Learn More Login RealMoney: Jim Cramer's team of 70+ investment pros offer a daily wealth of fast-breaking market news... analyses... red-hot opportunities...and wealth-building strategies. Learn More Login RealMoney Silver: The genius of Doug Kass + 5 Premium Services = an unrivaled group of expert fundamental analysts, technical analysts, and Wall Street observers. Learn More Login Breakout Stocks: Bryan Ashenberg combines sophisticated screening software with eagle-eye analysis to find small and mid-caps ready to break out! Learn More Login Market Movers Deep in the Money Calls Stocks Under $10 Top Gun Trader TheStreet Ratings Daily Swing Trade Top Stocks ETF Shark Alerts Options Alerts try { function DM_onSegsAvailable(segs, cust_id) { for(var i=0;i Dow Jones S&P 500 NASDAQ 10-Year Note 10249.54 1098.38 2281.07 33.34 Oil * 74.54 UP 225.52 UP 27.67 UP 58.74 UP 0.38 10 Yr 3.33% SPDR Gold 119.78 2.25% 2.58% 2.64% 1.15% Data delayed 20 minutes More From TheStreet TheStreet Ratings: Top Rated Stocks Cramer's Latest Picks from Mad Money var randnum = Math.floor(Math.random() * 100) if (randnum < 61) { document.write("TheStreet Dividend Calendar"); } else { document.write("NEW: Earnings Call Transcripts"); } var randnum = Math.floor(Math.random() * 100) if (randnum < 51) { document.write("Top-rated ETFs from TheStreet Ratings"); } else { document.write("Top-rated Mutual Funds from TheStreet Ratings"); } var randnum = Math.floor(Math.random() * 100) if (randnum < 51) { document.write("NEW: Earnings & Economic Calendar"); } else { document.write("ETF Research Center"); } var randnum = Math.floor(Math.random() * 100) if (randnum < 61) { document.write("NEW: Earnings & Economic Calendar"); } else { document.write("Bank Safety Screener"); } Twitter Facebook RSS Mobile App adsonar_placementId=1341369;adsonar_pid=879768;adsonar_ps=-1;adsonar_zw=320;adsonar_zh=280;adsonar_jv='ads.adsonar.com'; Brokerage Partners YAHOO.util.Event.on(window,"load",function(){ setTimeout(function(){ TSCM.util.attachScript('scr_intellitxt','http://thestreet.us.intellitxt.com/intellitxt/front.asp?ipid=10685'); },1200); }); Sponsored Links var ads = [ { link:"http://www.entrepreneur.com/business-opportunities/index.html?cam=thestreet&cid=Homepagetextlink1109", text:"Be Your Own Boss and Start your Own Business Today!", trk:null }, { link:"http://ad.doubleclick.net/clk;222470237;4639705;g?http://www.dionmm.com/sl/py/sitets2.py?adsrc=201037", text:"Special Report: Don Dion's Ultimate Inflation Protection Guide", trk:null }, { link:"http://ad.doubleclick.net/clk;222470367;4639705;k?http://www.dionmm.com/sl/py/sitets2.py?adsrc=201038", text:"Protect Yourself from Inflation with Don Dion's Special Report", trk:null }, { link:"http://ad.doubleclick.net/clk;223806605;47528270;g?http://www.optionshouse.com/landing/stocks295/?partner=street&utm_source=street&utm_medium=paid-banner-ads&utm_campaign=textlinks&utm_content=bash-s295-text", text:"$2.95 Flat-Rate Stock Trades @ OptionsHouse.com. Save Now.", trk:'http://ad.doubleclick.net/ad/N6067.272508.7329112262621/B4413938.11;sz=1x1' }, { link:"http://ad.doubleclick.net/clk;223239025;46977159;p", text:"Trade free for 30 days at TD AMERITRADE.", trk:null }, { link:"http://ad.doubleclick.net/clk;223806605;47528270;g?http://www.optionshouse.com/landing/stocks295/?partner=street&utm_source=street&utm_medium=paid-banner-ads&utm_campaign=textlinks&utm_content=bash-s295-text", text:"Why Pay More? $2.95 Flat-Rate Stock Trades @ OptionsHouse.", trk:'http://ad.doubleclick.net/ad/N6067.272508.7329112262621/B4413938.11;sz=1x1' }, { link:"http://ad.doubleclick.net/clk;223830723;47553663;i", text:"Zurich HelpPoint Delivered. Better understand your company's risks.", trk:'http://ad.doubleclick.net/ad/N3867.TheStreet/B4417177.8;sz=1x1' }, { link:"http://ad.doubleclick.net/clk;222255324;45405692;b?http://www.realtor.com/?source=a28344", text:"4M listings. Comprehensive & current. Search now on Realtor.com", trk:null }, { link:"http://ad.doubleclick.net/clk;225345963;4639705;q?http://www.etoro.com/B2274_A20980_TClick_Stext.aspx", text:"Start Trading Currencies Online! No commissions. No hidden fees. No re-quotes. Join eToro now and get up to $1000 to trade with.", trk:null }, { link:"http://ad.doubleclick.net/clk;225177761;48250867;r", text:"Get some of our latest thinking on estate planning at ustrust.com", trk:null }, { link:"http://ad.doubleclick.net/click;h=v2|3C75|0|0|%2a|r;220770099;0-0;0;44407284;31-1|1;35979936|35997814|1;;%3fhttps://us.etrade.com/e/t/jumppage/viewjumppage?PageName=power_et_for_active_traders_mvt&SC=S034301&ch_id=D&s_id=STRT&c_id=60DAYBT&o_id=60DAY", text:"Trade Free for 60 Days. E*TRADE Securities.", trk:'http://ad.doubleclick.net/imp;v1;f;220770099;0-0;0;44407284;1|1;35979936|35997814|1;;cs=r%3fhttp://ad.doubleclick.net/dot.gif?' }, { link:"http://ad.doubleclick.net/clk;223713956;47431952;m?http://www.optionsxpress.com/promos/virtualtrade.aspx?cmpid=tlSTRcopyA", text:"Practice No Risk Trading at optionsXpress", trk:null }, { link:"http://bs.serving-sys.com/BurstingPipe/adServer.bs?cn=tf&c=20&mc=click&pli=1465018&PluID=0&ord=%n", text:"CoreLogic: Business Info, Analytics & Outsourcing Leader.", trk:'http://bs.serving-sys.com/BurstingPipe/adServer.bs?cn=tf&c=19&mc=imp&pli=1465018&PluID=0&ord=%n&rtu=-1' }, { link:"http://ad.doubleclick.net/clk;220815082;44534915;c?http://www.lvcva.com/campaigns?src=4130", text:"Las Vegas is serious about business. VegasMeansBusiness.com.", trk:'http://ad.doubleclick.net/ad/N5664.272508.7284099241621/B4167122.6;sz=1x1' } ]; function __trackingpixel(url){ var ord = Math.floor(Math.random() * 100000000000); if(typeof url != "undefined") { if(url.indexOf('[timestamp]')!= -1) { url = url.replace("[timestamp]", ord); } return ""; } } var counter=-1; var limit = 3; function __write_textlink() { counter++; if(counter >= limit)return; var index = Math.floor(Math.random() * ads.length * 10 % ads.length); var it = ads.splice(index,1); var o = it[0]; document.write(''); document.write( o.text ); document.write( '' ); if(o.trk != null){ document.write(__trackingpixel(o.trk)); } if(ads.length > 0) { __write_textlink(); } else { } }; __write_textlink(); TheStreet Premium Services All Services Action Alerts PLUS Get free access to Cramer's portfolio picks at Action Alerts PLUS - Try it now Free RealMoney Jim Cramer's RealMoney team of 70+ Wall Street pros will give you wealth-building strategies - Get started Free RealMoney Silver Doug Kass + our 5 Premium Services - all in one place - Get a free 14-day trial today Stocks Under $10 David Peltier is ready to help you find affordable Stocks Under $10 which could lead to a big-money payoff - Get access to his portfolio FREE ETF Action Don Dion's brand new service can help investors at all levels build profitable ETF portfolios - Learn more document.write(unescape("%3Cscript src='" + (document.location.protocol == "https:" ? "https://sb" : "http://b") + ".scorecardresearch.com/beacon.js' %3E%3C/script%3E")); var beaconurl=""; if(TSC.util.isDefined(document)){ beaconurl=document.URL; try{ if (top.location != self.location){ beaconurl=document.referrer; } }catch(e){} } COMSCORE.beacon({ c1:2, c2:"6036014", c3:"", c4:beaconurl, c5:"", c6:"", c15:"" }); var pvar = { cid: "us-thestreet", content: "tsc", server: "secure-us" }; var trac = nol_t(pvar); trac.record().post(); Free Newsletters from TheStreetAfter the Bell
Before the Bell
Booyah! Newsletter
ETF Daily
Midday Bell
TSC Top Ten Stories Newsletter
Winners & Losers
We respect your privacy. Manage Newsletters Podcasts [Select Podcast] Small Business Podcast The Real Story Wall Street Confidential Podcast Daily RSS UpdatesTheStreet Mobile Edition
Connect with TheStreet
YAHOO.util.Event.on(window,"load",function() { try { var loginlink = YAHOO.util.Dom.get("logonoff"); var cookie = new UserStatus().streetCookie; if(cookie.indexOf('|')== -1){ loginlink.setAttribute("href",""); loginlink.innerHTML = "Log In"; } } catch(e) {} }); TheStreet Corporate | Home | About Us | Advertise | Customer Service | Employment | Privacy Policy | Sitemap | Topic Archive | Terms of Use document.write('© 1996-2010 TheStreet.com, Inc. All rights reserved.TheStreet's enterprise databases running Oracle are professionally monitored and managed by Pythian Remote DBA.
Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions.
TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.
IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.
*Oil Data in Market Overview is Brent Crude Pricing
'); TSCM.ads.AdPlacerx.sz = "728x90"; TSCM.ads.AdPlacerx.resetTargets(); TSCM.ads.AdPlacerx.calltype = "adj"; TSCM.ads.AdPlacerx.includeDcopt = true; TSCM.ads.AdPlacerx.additionalTargeting = ";;storytype=investingOpinion;kval=investingOpinion"; TSCM.ads.AdPlacerx.writeTag(); TSCM.ads.AdPlacerx.sz = "233x224"; TSCM.ads.AdPlacerx.resetTargets(); TSCM.ads.AdPlacerx.calltype = "adj"; TSCM.ads.AdPlacerx.adtype = "cau"; TSCM.ads.AdPlacerx.additionalTargeting = ";;storytype=investingOpinion;kval=investingOpinion"; TSCM.ads.AdPlacerx.writeTag(); TSCM.ads.AdPlacerx.sz = "336x280,336x850,300x250,468x648"; TSCM.ads.AdPlacerx.resetTargets(); TSCM.ads.AdPlacerx.calltype = "adj"; TSCM.ads.AdPlacerx.additionalTargeting = ";;storytype=investingOpinion;kval=investingOpinion;;storytype=investingOpinion;kval=investingOpinion"; TSCM.ads.AdPlacerx.writeTag(); TSCM.ads.AdPlacerx.sz="336x280,300x250"; TSCM.ads.AdPlacerx.resetTargets(); TSCM.ads.AdPlacerx.setSite("remnant.thestreet.com"); TSCM.ads.AdPlacerx.additionalTargeting=";box=second"; TSCM.ads.AdPlacerx.calltype="adj"; TSCM.ads.AdPlacerx.writeTag(); /** * function wrapper that places all DART ads using TSCM.ads.positionToPlaceholder * if positionToPlaceholder can't find the elements specified, it just returns and is ready for the next call */ TSCM.ads.placeLazyLoadingAds = function() { // DART 1 (banner) TSCM.ads.positionToPlaceholder({ ad: 'ad728x90', placeholder: 'bannerContainer', flexibleHeight: false }); //DART 2 TSCM.ads.positionToPlaceholder({ ad: 'customUnit', placeholder: 'cauContainer', flexibleHeight: true }); //DART 3 TSCM.ads.positionToPlaceholder({ ad: 'boxAd', placeholder: 'boxAdContainer', flexibleHeight: true }); //DART 4 TSCM.ads.positionToPlaceholder({ ad: 'secondBoxAd', placeholder: 'secondBoxAdContainer', flexibleHeight: false }); }; TSCM.ads.placeLazyLoadingAds() window.setTimeout(function() { TSCM.ads.placeLazyLoadingAds() }, 2000); window.onresize = function() { setTimeout(function() { TSCM.ads.placeLazyLoadingAds(); }, 1000); }; BF_BB_DATA = null; (function( ){ document.write(''); var sid="76IOF7"; var c=""; var b=""; BF_BB_SCRIPT=document.createElement('script'); BF_BB_SCRIPT.type="text/javascript"; BF_BB_SRC="http://buzzbox.buzzfeed.com/wd/BuzzBox?sid=" + sid + c + b + '&it=1&cb=' + (new Date()).getTime(); setTimeout(function() { document.getElementById('BF_BUZZBOX').appendChild(BF_BB_SCRIPT); BF_BB_SCRIPT.src=BF_BB_SRC; },1); })();Before the Bell
Booyah! Newsletter
ETF Daily
Midday Bell
TSC Top Ten Stories Newsletter
Winners & Losers
TheStreet Mobile Edition
Connect with TheStreet
Read Full Article »