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A good CEO knows when to stop throwing good money after bad. Apple will NEVER reach the search domain expertise of Google, and Maps is too valuable to let turn into a complete debacle, as Apple has learned. We have given Apple so much money THEY HAVE NO IDEA WHAT TO DO WITH IT. They have $120B in the bank, more cash than any other company has ever had. They can buy very famous companies for cash, like Cisco, Dell, Facebook, etc, and even banks like Goldman Sachs, Citigroup, etc. This is a crazy amount of cash, and they are clueless as what to do with it. I know what I would do, I would throw some of that money to improve the quality of my product for the sake of my hundreds of millions of customers. I would admit defeat, and I would pay Google for a license in perpetuity for Google Maps to be on iPhone. I would engage in some sort of rev/data share with the Maps app and throw them a few billion. Win-Win-Win for everyone. Sure, maybe Apple doesn't extract every single red cent from the deal, but money is of secondary or tertiary importance here. Their money is already relatively useless sitting in a bank account making 0% interest. And sure, maybe they left money on the table, and maybe Apple overpays and gets the short end of the stick for once, but it's called taking one for the team. Customers get the very best maps technology and a permanent agreement to always have access to it, and Apple can stop being distracted by one of the most important aspects of a smartphone experience, which is location services. They can continue innovating in things that will make them money, like newer designs, etc. |
How can you possibly say that? How was Android 1.0 compared to what it is today? Or Windows 1.0? In your view no one should start anything if they aren't immediately good at it.
What should be questioned is Apple's dedication to Mpas. If they're not interested in creating a high-quality mapping solution then they should give up.
What Apple should do is buy a company to provide the mapping solution for them. The same goes for Nuance. Core technologies of your OS should not be left to a third party.