The App Store

The iPhone App Store has received lots of criticism over its app approval process, with many suggestions on how to improve the approval process. Many of these criticisms are indeed true, such as the lack of transparency in the app approval process and the seeming lack of a common approval standard, leaving developers at Apple’s… Continue reading The App Store

No Apple Event, but…

Christmas comes early this year with the availability of new iMacs, Mac Mini Servers and a new unibody polycarbonate MacBook. Boy, it’s been quite a long while since I felt such a sense of euphoria! On another related note, congrats to the team at Apple for its outstanding performance the the 4th Quarter of the… Continue reading No Apple Event, but…

It’s only boring…

Apple’s September iPod event this year, themed “It’s only rock and roll, but we like it!” should be more aptly themed “It’s only boring”. I have previously mentioned during the announcement of Snow Leopard that Apple seemed to have stopped innovating, with no new products or features to dazzle us with, and with yesterday’s event,… Continue reading It’s only boring…

Excessive Profits – Consumer Rip-off?

If a company makes excessive profits, does it truly mean that the consumer is being ripped off? In the short run, it may definitely seem so, but in the long run, excessive profits can actually mean higher consumer welfare. How does this work? It’s this little thing called incentive. With a high profit margin, companies… Continue reading Excessive Profits – Consumer Rip-off?