Posts Tagged ‘portfolio management’

Why Apple is on its way to become the new Palm

The Apple does not fall far from the Palm

They are not that different

I recently read an article, which stated that RIM was becoming the new Palm. That might be a fairly good observation: RIM (the maker of BlackBerry phones) isn’t doing well at all after all. However, there are more and perhaps more likely candidates for this title.

Palm was once a high tech company with revolutionary and business changing products. It’s handheld computers, ‘palmtops’ or ‘personal assistants’ seamlessly (this is an evolving term) integrated with business tools like Outlook for email, tasks and calendar. Palm launched the first successful app shop, where you could buy thousands of apps to extend your Palm’s functionality with both productivity tools and games. Although the Palm platform was strong » More: Why Apple is on its way to become the new Palm

Choice as a detractor

Don't make jam of your portfolio

Don't make jam of your portfolio

A friend once told me a story of an experiment conducted in a supermarket. In two different time periods the supermarket offered two kinds of portfolios of jam. In the first setup the shop offered a number of shelves  with numerous kinds of jam. Different fruits, different pot sizes and different brands. Many choices. In the second setup the supermarket  offered a single large shelf of strawberry jam of brand x in one standard pot size. One choice. What was the result? Contrary to expectations, more jam was sold in the single strawberry jam setup.

Why? Because people hate complicated choices. » More: Choice as a detractor