AWS 诞生过程、Apple Watch是个100亿美元的好生意


AWS 是如何被制造出来的?

当十年前亚马逊推出 AWS,或许没有多少人会想到这会成为改变世界的壮举:

There are lots of stories about the formation of AWS, but this much we know: 10 years ago, Amazon Web Services, the cloud Infrastructure as a Service arm of, was launched with little fanfare as a side business for Today, it’s a highly successful company in its own right, riding a remarkable $10 billion run rate.

In fact, according to data from Synergy Research, in the decade since its launch, AWS has grown into the most successful cloud infrastructure company on the planet, garnering more than 30 percent of the market. That’s more than its three closest rivals — Microsoft, IBM and Google — combined (and by a fair margin).


查看原链接:How AWS came to be

Apple Watch 是个 100亿美金的生意

这篇文章以Fitbit、Gopro 为坐标,从苹果「不透明」的财报里挖掘出 Apple Watch 是个 100亿 美金的生意:

Along those lines, I used three consumer tech hardware peers:

  • Apple: Given the iPhone's share of Apple revenue and operating income, we can use Apple's current market valuation as a proxy for how the market is valuing the iPhone business. Apple currently sells at a 2.6x price/revenue ratio.   
  • Fitbit: Fitbit derives pretty much all of its revenue from wrist wearable hardware sales. This places the company as the most direct peer of Apple Watch Inc. Fitbit currently sells at a 1.1x price/revenue ratio.
  • GoPro: GoPro serves as a good proxy for how the market is valuing a hardware company with slowing sales, increasing competition, and an unknown future. Things aren't looking good for GoPro although the company does appear to be making one last ditch effort to reinvent itself by hiring Danny Coster from Apple. GoPro currently sells at a 1.1x price/revenue ratio.

    The interesting element found with these three peers is that each company is facing significant questions about hardware sales growth. While much has been said about GoPro's and Fitbit's issues, even Apple is expected to report a 15% decline in revenue in 2016. Accordingly, even if we assume Apple Watch revenue will decline over the next year (something that may be possible) this doesn't necessarily imply that the Watch should be rewarded a valuation multiple much lower than Apple, let alone Fitbit or GoPro. 

    As seen in Exhibit 2, I estimate that if Apple Watch was a standalone entity, it would be worth $10 billion. This estimate reflects a 1.7x price/revenue multiple, which is higher than Fitbit and GoPro's current price/revenue multiple. A higher multiple is justified due to Apple Watch's strength when it comes to appealing Watch bands, stronger customer loyalty, and deeper software and hardware integration. I am valuing Apple Watch in-line with Apple's enterprise value/revenue multiple. Even though the wearables category is much less established than the iPhone business, growth prospects remain quite attractive for the Apple Watch market in comparison to the mature smartphone industry.


查看原链接:Above Avalon: Apple Watch Is Already a $10 Billion Business



What’s happening with technology in our culture and society is just evolution. Technology is not undermining real human interactions. Instead, it is exposing people for who they really are. I have been asked many times, “What are we teaching the young people?” I’ve watched the behavior of 14 year old girls spending 10 minutes to take the best selfie, post it on Instagram, and then take it down when it doesn’t get enough likes. This superficial behavior tends to concern pundits who think that technology is the cause of this appearance driven, attention seeking behavior in teenagers. But the thing is, teenagers have always strived to be liked and sought the attention of their peers and potential significant others. Selfies on Instagram is the evolution of this same behavior.

Technology provides us additional pathways to act on these behavioral tendencies that have always existed. We should not “feel sorry” for the couple on a date who are looking at their phones. For all we know, their phones are providing a different, more constructive outlet to focus their attention instead of allowing for arguments or an awkward silences. Two people who didn’t like each other would ignore each other regardless of Instagram or Angry Birds.

查看原链接:This Generation Will Be Fine: Why Social Media Won’t Ruin Us



I explore,not explain