iGod: Apple/Jobs Hit Piece in New York Magazine Monday
As i just talked about on CNBC, there is an entertaining Jobs/Apple cover hit piece coming in New York magazine on Monday. Called iGod, and authored by John Heilemann, the piece argues that Jobs & Apple have peaked; the iPod's best days are behind it (and being replaced by streaming); and iPhone is too expensive, etc. While Heilemann has some points, none of them are new. More importantly, he has said similar things in print before, including back in January in New York magazine, since which time AAPL stock has climbed 43%; and in 1998, since which time the stock has jumped 650%.
In other words, Heilemann is a nice guy and a felicitous writer, but he sucks as a stock-picker. 1
