Seriously? This is the question of the day? When people are still voicing serious and legitimate concerns about the rest of the economy? We're talking about a company with enough money in the bank to make a Goldman Sachs-sized investment in Facebook if it wanted to, more than triple the amount Dell had in the bank at the end of the last quarter, plus more than five times the amount HP had too, while we're at it.
Let's look at a number for a minute: Apple has 51 billion dollars in cash. That's 51,000,000,000 bucks. Or, approximately the amount of money it takes to fill a vault-slash-swimming-pool. Who has that kind of money these days and didn't get it via government bailout? Apple, that's who. What is its secret? It made that money the old-fashioned way, by selling new-fashioned things.
In a time when few companies are profitable and everyone's excited about a flat line since it isn't a downward curve, Apple is making money iHand over iFist. One could presume from this that analysts and others who watch CNBC professionally would be excited about a company with growth and profitability in the current climate. However, that's not the case.
Remember when Apple wasn't doing well? Those bygone days when people may have actually believed the name of the company was "Beleaguered Apple Computer?" Well, once Uncle Steve made his return in 1996, that started to turn around. Apple Computer started making things that start with "i," and in 2001 with the launch of the iPod, Apple was officially cool again. You know, unless you were an analyst on Wall Street, in which case Apple wasn't cool, it was just less lame than before. But seriously, have you seen what sort of stock prices Dell and HP have these days? Now those are tech companies.
I call shenanigans! Now, instead of being impressed with profitability, the question is "Oh sure, you're all profitable, but can you stay that way?" Apple hasn't proven that yet? Explain to me how making ANY money in a time of unprecedented financial volatility is something that gets played down. What will it take before Apple gets a fair shake? A brand new device that sells a million units in three months? Try two and a half. A new version of the same thing released a year later, how long did that take to sell a million? Three days.
Find and replace "Apple" with a non-tech company in some of these articles and see if it still makes as much sense. Just the iPhone product line by itself is bigger than Coca-Cola, but Apple still gets dismissed like this?
Someone needs to have a little heart-to-heart talk with some of these guys. Apparently they've all had their heads down in their BlackBerrys for so long that they don't realize it's cool these days to carry around something Designed In Cupertino. Clearly a lot of other people have figured it out -- what's stopping Wall Street from seeing the light?
In July we marveled at the fact that Zynga, which just makes Facebook games, has raised a whopping $410 million in funding.Well, today Groupon blew past Zynga with a half raised round of funding.
The group buying company disclosed it has raised $500 million, and it could raise another $450 million in the near future.
If Groupon closes $950 million in funding, its total funding would be $1.12 billion, making it the second most money raised by a startup in the last twenty years.
Earlier this year, we asked Dow Jones Venture Source to compile a list of the 20 companies with venture backing that have raised the most money in the last 20 years. The money included on the list includes investment from private equity, corporations, and individuals. Basically everything but debt, as long as the company has some venture backing.
Most companies that raised huge amounts of money in the past needed the cash for capital intensive projects.
Groupon seems to be raising money just because it can.
robert shumake detroit
Opinion: Can Oprah Help Restore Civility? - AOL <b>News</b>
Oprah began her new cable television network -- OWN -- at noon on New Year's Day, a network dedicated to the total and complete absence of mean-spiritedness.
John Roberts switches to FOX <b>News</b> | Inside TV | EW.com
John Roberts, the veteran newsman who co-hosted CNN's American Morning for three years, is joining the competition. “We are excited to welcome Jo...
John Roberts Leaves CNN for Fox <b>News</b> - NYTimes.com
Executives at CNN confirmed Monday that John Roberts, who served as the morning anchor for the network since April 2007, would be joining Fox News as a national correspondent.
robert shumake
Opinion: Can Oprah Help Restore Civility? - AOL <b>News</b>
Oprah began her new cable television network -- OWN -- at noon on New Year's Day, a network dedicated to the total and complete absence of mean-spiritedness.
John Roberts switches to FOX <b>News</b> | Inside TV | EW.com
John Roberts, the veteran newsman who co-hosted CNN's American Morning for three years, is joining the competition. “We are excited to welcome Jo...
John Roberts Leaves CNN for Fox <b>News</b> - NYTimes.com
Executives at CNN confirmed Monday that John Roberts, who served as the morning anchor for the network since April 2007, would be joining Fox News as a national correspondent.
robert shumake detroit
Seriously? This is the question of the day? When people are still voicing serious and legitimate concerns about the rest of the economy? We're talking about a company with enough money in the bank to make a Goldman Sachs-sized investment in Facebook if it wanted to, more than triple the amount Dell had in the bank at the end of the last quarter, plus more than five times the amount HP had too, while we're at it.
Let's look at a number for a minute: Apple has 51 billion dollars in cash. That's 51,000,000,000 bucks. Or, approximately the amount of money it takes to fill a vault-slash-swimming-pool. Who has that kind of money these days and didn't get it via government bailout? Apple, that's who. What is its secret? It made that money the old-fashioned way, by selling new-fashioned things.
In a time when few companies are profitable and everyone's excited about a flat line since it isn't a downward curve, Apple is making money iHand over iFist. One could presume from this that analysts and others who watch CNBC professionally would be excited about a company with growth and profitability in the current climate. However, that's not the case.
Remember when Apple wasn't doing well? Those bygone days when people may have actually believed the name of the company was "Beleaguered Apple Computer?" Well, once Uncle Steve made his return in 1996, that started to turn around. Apple Computer started making things that start with "i," and in 2001 with the launch of the iPod, Apple was officially cool again. You know, unless you were an analyst on Wall Street, in which case Apple wasn't cool, it was just less lame than before. But seriously, have you seen what sort of stock prices Dell and HP have these days? Now those are tech companies.
I call shenanigans! Now, instead of being impressed with profitability, the question is "Oh sure, you're all profitable, but can you stay that way?" Apple hasn't proven that yet? Explain to me how making ANY money in a time of unprecedented financial volatility is something that gets played down. What will it take before Apple gets a fair shake? A brand new device that sells a million units in three months? Try two and a half. A new version of the same thing released a year later, how long did that take to sell a million? Three days.
Find and replace "Apple" with a non-tech company in some of these articles and see if it still makes as much sense. Just the iPhone product line by itself is bigger than Coca-Cola, but Apple still gets dismissed like this?
Someone needs to have a little heart-to-heart talk with some of these guys. Apparently they've all had their heads down in their BlackBerrys for so long that they don't realize it's cool these days to carry around something Designed In Cupertino. Clearly a lot of other people have figured it out -- what's stopping Wall Street from seeing the light?
In July we marveled at the fact that Zynga, which just makes Facebook games, has raised a whopping $410 million in funding.Well, today Groupon blew past Zynga with a half raised round of funding.
The group buying company disclosed it has raised $500 million, and it could raise another $450 million in the near future.
If Groupon closes $950 million in funding, its total funding would be $1.12 billion, making it the second most money raised by a startup in the last twenty years.
Earlier this year, we asked Dow Jones Venture Source to compile a list of the 20 companies with venture backing that have raised the most money in the last 20 years. The money included on the list includes investment from private equity, corporations, and individuals. Basically everything but debt, as long as the company has some venture backing.
Most companies that raised huge amounts of money in the past needed the cash for capital intensive projects.
Groupon seems to be raising money just because it can.
robert shumake
robert shumake
Opinion: Can Oprah Help Restore Civility? - AOL <b>News</b>
Oprah began her new cable television network -- OWN -- at noon on New Year's Day, a network dedicated to the total and complete absence of mean-spiritedness.
John Roberts switches to FOX <b>News</b> | Inside TV | EW.com
John Roberts, the veteran newsman who co-hosted CNN's American Morning for three years, is joining the competition. “We are excited to welcome Jo...
John Roberts Leaves CNN for Fox <b>News</b> - NYTimes.com
Executives at CNN confirmed Monday that John Roberts, who served as the morning anchor for the network since April 2007, would be joining Fox News as a national correspondent.
robert shumake
Opinion: Can Oprah Help Restore Civility? - AOL <b>News</b>
Oprah began her new cable television network -- OWN -- at noon on New Year's Day, a network dedicated to the total and complete absence of mean-spiritedness.
John Roberts switches to FOX <b>News</b> | Inside TV | EW.com
John Roberts, the veteran newsman who co-hosted CNN's American Morning for three years, is joining the competition. “We are excited to welcome Jo...
John Roberts Leaves CNN for Fox <b>News</b> - NYTimes.com
Executives at CNN confirmed Monday that John Roberts, who served as the morning anchor for the network since April 2007, would be joining Fox News as a national correspondent.
robert shumake detroit
I had an interesting conversation with my boss today about people that make a living online. He's semi-old school, so he doesn't really understand (or believe) that so many people these days provide for their families from website revenue and such. As I rattled on and tried to explain to him how every day people are accomplishing this, he obviously didn't understand like I wanted him to, and after 15 minutes of Internet Marketing babble, he shocked me when he asked me if I could name 10 ways people make money online.
Sure, no problem, boss! So here is what I came up with:
1. First choice, obviously, was blogging. Of course, I had to explain the ways you can make money with a blog (paid reviews, selling ads, text link sales, etc...) I think I drove the point home, and it made more sense when I explained the concept to him. The key to making money with your blog is to stick with it no matter what. Add content, grow it, and start raking in the cash.
2. I had to mention Ebay. Ebay was the starting point some 7 years ago when I started to technically "make money online". I even tried to sell paper plates once...it was an addiction. Seriously though, the average American household has so much crap stored away, you'd be surprised at what you can dig out and sell for a few bucks. It all adds up!
3. Drop-shipping. This one wasn't hard to explain, and it relates to #2. Basically, a company that offers a drop-shipping program will allow you to sell their products at whatever price you want to sell them at (over their price) and put the profit in your pocket - and they'll also ship the product from their warehouse to the customers home, so you never physically touch any product. This was really popular a few years back, but due to extreme saturation of the market, it's died down some.
4. Sell your skills. Nothing is more in demand online, than talent. Can you write, design, code, or translate? There are literally thousands of people out there that need your help, and usually don't know where to go and find it. Here's the cool part - they'll pay you handsomely for you services! To start finding gigs in your specialty area, head over to the Digital Point forums - plenty of waiting customers! (Logos sell really, really well!)
5. Can you make stuff that sells? If you specialize in making robots out of toothpicks and forks, then why the hell aren't you selling them online through your own website? This tip is kind of obvious (after-all, it IS 2007), but if you have a unique product or service, then pay the $500 (more or less)to get a custom website, and start taking orders! Again, this is a real no-brainer, but sometimes people need reminding.
6. PPC campaigns. This one is one of my personal favorites that I've been testing lately. PPC (pay per click) are ads that you buy on search engines (Google Adwords) to promote a product or service - usually through an affiliate. Each time someone clicks on your ad and makes a purchase, you get a commission. This method can be tricky and potentially costly at first, but the key to success is test, test, and more tests. Get creative with your keywords and ads - make them stand out. Tweak your landing pages until your conversions pick up. Usually, you'll find success after a lot of trial and error. Just watch your spending at first, because it's very easy to lose money if you slack in the research department!
7. Own a popular website or blog? Sell advertising! Although this may seem obvious, there are still a surprising amount of sites that don't actively sell their available ad spots. Make sure you have a link or page that clearly describes your rates and available types of ads. I hate nothing more than when I click on someones advertising page, and all it has is a contact form. I'll pass on it nearly every time.
8.Write and sell an e-book! With digital products being one of the hottest selling items on the internet right now, what better time to create you own and start raking in the cash! Do you know how to make a grilled cheese sandwich using nothing but cheese, cardboard, and lighter? Write a book about it! Trust me, no matter what, someone will buy it. 9. Do you take pictures? If so, another hot selling item is your original photography. With a quick Google search, you'll find 20 sites that offer to buy your stock digital photos. Some even pay royalties when users download them. For those of you that have huge photo collections of interesting stuff, you're sitting on a goldmine.
10. Exploit the virtual gold trade in video games (a personal favorite!). There are millions of people who play online games such as World of Warcraft who do nothing but stash the in game currency and sell it in bulk to brokers who resell it to regular players. This is a HUGE market, and although the market is packed, it seems like there is always room for one more 'player'. Check out ige.com to see what I mean. That's it for now, there are many more ways to make money online, but these are some of the easier and more obvious ones. I didn't go into great detail for each method because it would take me 4 days to get it all down. I know that if you're reading this blog, you're search engine savvy enough to find out more information if you need it. Now get out there and start earning some extra money!
robert shumake
Opinion: Can Oprah Help Restore Civility? - AOL <b>News</b>
Oprah began her new cable television network -- OWN -- at noon on New Year's Day, a network dedicated to the total and complete absence of mean-spiritedness.
John Roberts switches to FOX <b>News</b> | Inside TV | EW.com
John Roberts, the veteran newsman who co-hosted CNN's American Morning for three years, is joining the competition. “We are excited to welcome Jo...
John Roberts Leaves CNN for Fox <b>News</b> - NYTimes.com
Executives at CNN confirmed Monday that John Roberts, who served as the morning anchor for the network since April 2007, would be joining Fox News as a national correspondent.
robert shumake detroit
robert shumake detroit
Seriously? This is the question of the day? When people are still voicing serious and legitimate concerns about the rest of the economy? We're talking about a company with enough money in the bank to make a Goldman Sachs-sized investment in Facebook if it wanted to, more than triple the amount Dell had in the bank at the end of the last quarter, plus more than five times the amount HP had too, while we're at it.
Let's look at a number for a minute: Apple has 51 billion dollars in cash. That's 51,000,000,000 bucks. Or, approximately the amount of money it takes to fill a vault-slash-swimming-pool. Who has that kind of money these days and didn't get it via government bailout? Apple, that's who. What is its secret? It made that money the old-fashioned way, by selling new-fashioned things.
In a time when few companies are profitable and everyone's excited about a flat line since it isn't a downward curve, Apple is making money iHand over iFist. One could presume from this that analysts and others who watch CNBC professionally would be excited about a company with growth and profitability in the current climate. However, that's not the case.
Remember when Apple wasn't doing well? Those bygone days when people may have actually believed the name of the company was "Beleaguered Apple Computer?" Well, once Uncle Steve made his return in 1996, that started to turn around. Apple Computer started making things that start with "i," and in 2001 with the launch of the iPod, Apple was officially cool again. You know, unless you were an analyst on Wall Street, in which case Apple wasn't cool, it was just less lame than before. But seriously, have you seen what sort of stock prices Dell and HP have these days? Now those are tech companies.
I call shenanigans! Now, instead of being impressed with profitability, the question is "Oh sure, you're all profitable, but can you stay that way?" Apple hasn't proven that yet? Explain to me how making ANY money in a time of unprecedented financial volatility is something that gets played down. What will it take before Apple gets a fair shake? A brand new device that sells a million units in three months? Try two and a half. A new version of the same thing released a year later, how long did that take to sell a million? Three days.
Find and replace "Apple" with a non-tech company in some of these articles and see if it still makes as much sense. Just the iPhone product line by itself is bigger than Coca-Cola, but Apple still gets dismissed like this?
Someone needs to have a little heart-to-heart talk with some of these guys. Apparently they've all had their heads down in their BlackBerrys for so long that they don't realize it's cool these days to carry around something Designed In Cupertino. Clearly a lot of other people have figured it out -- what's stopping Wall Street from seeing the light?
In July we marveled at the fact that Zynga, which just makes Facebook games, has raised a whopping $410 million in funding.Well, today Groupon blew past Zynga with a half raised round of funding.
The group buying company disclosed it has raised $500 million, and it could raise another $450 million in the near future.
If Groupon closes $950 million in funding, its total funding would be $1.12 billion, making it the second most money raised by a startup in the last twenty years.
Earlier this year, we asked Dow Jones Venture Source to compile a list of the 20 companies with venture backing that have raised the most money in the last 20 years. The money included on the list includes investment from private equity, corporations, and individuals. Basically everything but debt, as long as the company has some venture backing.
Most companies that raised huge amounts of money in the past needed the cash for capital intensive projects.
Groupon seems to be raising money just because it can.
robert shumake detroit
Opinion: Can Oprah Help Restore Civility? - AOL <b>News</b>
Oprah began her new cable television network -- OWN -- at noon on New Year's Day, a network dedicated to the total and complete absence of mean-spiritedness.
John Roberts switches to FOX <b>News</b> | Inside TV | EW.com
John Roberts, the veteran newsman who co-hosted CNN's American Morning for three years, is joining the competition. “We are excited to welcome Jo...
John Roberts Leaves CNN for Fox <b>News</b> - NYTimes.com
Executives at CNN confirmed Monday that John Roberts, who served as the morning anchor for the network since April 2007, would be joining Fox News as a national correspondent.
robert shumake detroit
robert shumake
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