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  • 27/04/20 03:49:54
    Android’s growth has far more important implications than just bragging rights. Developers tend to make apps for iOS before coming up with a version for Android. If Android continues to show up on more devices, the order could flip.
    “Innovate or die” is no longer just a mantra for Cook; it’s a common refrain from Apple’s fans and critics. Since Jobs’s return to Apple in 1996, the company has grown not by inventing devices, but by perfecting them and creating markets. Apple didn’t make the first...
    Android’s growth has far more important implications than just bragging rights. Developers tend to make apps for iOS before coming up with a version for Android. If Android continues to show up on more devices, the order could flip.
    “Innovate or die” is no longer just a mantra for Cook; it’s a common refrain from Apple’s fans and critics. Since Jobs’s return to Apple in 1996, the company has grown not by inventing devices, but by perfecting them and creating markets. Apple didn’t make the first music player. It didn’t make the first smartphone or tablet, but it did turn them into things that people are willing to camp out overnight to buy.
    What happened next never made the newspapers. According to the latest version of a working paper by three Fed staff economists, published in July, the European bank branches in the U.S. appealed to their home offices for funds to replace what they’d lost, but they didn’t get all they needed. They were forced to cut back lending in the U.S. by about $20 billion, the working paper said. That’s not a lot in an almost $16 trillion U.S. economy, but to the Fed it was a taste of what might happen in a more serious funding squeeze.

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