Professor Elam

Wed Jan 25, 2012

Check out Apple's last quarter results.

This carticle makes it clear why it is important to study accounting, note the improvement in gross margin. 

Kindle and iPad are both able to expand as new items in the IT market. PC sales are flat I would expect. Notably neither HP nor Dell have been able to bring successful tablets to market, gee could it be the MSFT interface?

Kindle is an e book product, iPad is a lighter weight faux laptop. There is room for both. 

I find the iPad frustrating in that one has to navigate multiple book platroms. From this standpoint it is rather like 1978 whencompeting computer makers all had different operating systems. OVer time this will wither to fewer kindle type apps.