bigmc6000 said:
$9,500,000,000 - that's just sitting around in cash with no long term debt. I think Apple's got plenty of "stamina"...
Exactly! I don't understand all this doom-and-gloom everytime MS talks about the music download market. They can't even get their friggin' OS out on time and we're supposed to worry that they can take over a highly competitive market that is still too new for anyone but Apple to really get their head around? I think not. Look at the video game market. After several years and two iterations of their precious XBox, they have still made hardly a dent in that market (despite all the headlines it gets, it's still no threat to Nintendo.)
Plus, you have to factor in the seemingly limitless well of great ideas that Apple has at their disposal that MS does not. MS may have a lot more cash to bully their way into the market, but Apple will continuously outfox them on the sheer basis that they have better ideas and are quick to the draw.
And, as if that's not enough, MS is trying to bully their way into many markets simultaneously while holding ground on the ones they dominate, so it's not like they can throw 100% of their assets at the music market. They have a lot of resources, but they are limited and are spread between gaming, Windows, office software, hardware, MSN, their search portal, .NET, Origami/tablet PC, etc. They are not all-powerful, and I think their effort in music will be halfhearted and ultimately unsuccessful.
And you know what else matters? The fact that when Steve Jobs gets up on stage and talks about music, you can tell that he's really passionate about it. He's not just up there to sell tunes. He's a music lover and other music lovers relate to that and appreciate it. It's infectious. And it matters. I've seen MS and other companies talk about music (most often while wearing a suit which is enough to stop you right there) and the way they talk--there's no passion. You can tell that they view it at arms-length, like some kind of commodity, and surround their efforts with insulting marketing campaigns that play down to the lowest common denominator and that does not help.
I don't think Apple has anything to worry about. As long as they keep going, they're fine. I see no reason to think otherwise.