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Premature obituaries on Apple have been written so many times, both on the company itself and and its dazzling offerings like the iPod, iPad and iTunes, that it’s now bordering on the tiresome to even scroll through them.

Time and again, the naysayers have been caught on the wrong foot and left with a big gob of egg on their faces!

Lemmings Return

Now that Apple’s stock is down 37% since September, the lemmings are back again with their zany predictions and commentaries on “lack of innovations” (as if innovations grew off trees and could be plucked at will), that the company is in its “death throes” or the death of Steve Jobs means the end of the company or other such wild fancies.

People seem to forget that Apple is a company with $137 billion in the bank and corporations with that much money don’t disappear and have so many options. Just because Apple has not made significant acquisitions in the past doesn’t mean it won’t do so in the future.

Plus, just this morning at Apple’s annual shareholder meeting CEO Tim Cook said in his typical underwhelming style that the company is “looking at new categories.”

Not to forget Apple’s recent moves to grow marketshare in large Asian nations like India, where the company has low penetration for its products.

Insane Predictions on Apple

Just in case you too are tempted to join the chorus of lemmings spouting dire warnings on Apple, it might be amusing to read previous predictions and commentaries on the company:

* Businessweek (On Apple opening retail stores)

Sorry Steve. Here’s why Apple stores won’t work…..Rather than unveil a Velveeta Mac, Jobs thinks he can do a better job than experienced retailers at moving the beluga. Problem is, the numbers don’t add up.

* Steve Ballmer (Reacting to iPhone)

Ha ha ha. Five hundred dollars fully subsidized with a plan! I said that is the most expensive phone in the world and it doesn’t appeal to business customers because it doesn’t have a keyboard, which makes it not a very good email machine …. I like our strategy. I like it a lot.

* PC World magazine (reporting after the iPad launch event)

The iPad is just a big iPod Touch….But it’s hard to imagine all that many of them will fork over the initial $499 for a crippled version, or as much as $829 (for the 64 GB/3G model you’d want)….For the iPad to succeed, it has to reach beyond that tight-knit fraternity, as the iPhone did. Best guess: This may not reach much farther than the Apple TV.

* Newsweek Technology Editor Dan Lyons (after the iPad launch)

I haven’t been this let down since Snooki hooked up with The Situation.

* Steve Ballmer (reaction to iPhone)

There’s no chance that the iPhone is going to get any significant market share. No chance. It’s a $500 subsidized item….But if you actually take a look at the 1.3 billion phones that get sold, I’d prefer to have our software in 60% or 70% or 80% of them, than I would to have 2% or 3%, which is what Apple might get.

* British Tech blogger Dave Parrack (reaction to iPad)

Reality kicked in, and it became more about what was missing and what was bad than what was present and good. Once again, Apple is offering style over substance.

* Michael Dell (on Apple in 1997)

What would I do? I’d shut it down and give the money back to the shareholders.

Microsoft co-founder Bill Gates (on iPad)

So, it’s not like I sit there and feel the same way I did with iPhone where I say, ‘Oh my God, Microsoft didn’t aim high enough.’ It’s a nice reader, but there’s nothing on the iPad I look at and say, ‘Oh, I wish Microsoft had done it.’

TechTarget poll (on iPod in 2001)

One of the “Top Five Worst” list of tech gifts to get this Christmas.

CmdrTaco of Slashdot (on iPod)

No wireless. Less space than a Nomad. Lame.

Technology Business Research analyst Tim Deal (on the iPod)

Clearly Apple is following Sony’s lead by integrating consumer electronics devices into its marketing strategy, but Apple lacks the richness of Sony’s product offering. And introducing new consumer products right now is risky, especially if they cannot be priced attractively. Continue reading »