5 Technology Observations: 22 July 2015

Good morning, I.T. entrepreneurs. Here are five technology news observations, insights, chatter and plenty more to start your day for Wednesday, July 22, 2015.

Actually, today's update involves seven items to sip on.

7. In the Air: Greetings from 33,000 feet. After several delays getting out of New York, I'm in transit to San Francisco for Information Management's MDM conference... Hmmm...

6. Apple Watch Mystery: Apple revenue jumped 33 percent in the company's most recent quarter but the company's stock fell because of concerns about iPhone sales growth, iPad weakness... and few real clues about Apple Watch's sales performance. CEO Tim Cook insists Watch sold better during its first nine weeks of release than the iPad and iPhone during their corresponding launch quarters. Also, Watch is only available in about 700 retail locations -- compared to more than 220,000 locations for iPhone, according to The Wall Street Journal. What's the truth about Apple Watch supply and demand? Only Apple insiders know for sure.

5. On the Road in September: I'm confirmed to attend Strata+Hadoop World (Sept. 30-Oct. 1, New York). If you'd like to potentially meet at that conference please give me a shout. And stay tuned. More travel dates and locations are pending...

4. IBM CEO's One Mistake:  IBM's top-line revenues, as expected, fell for the 13th consecutive quarter. Global technology services (down 10 percent), software (down 10 percent), systems hardware (down 32 percent amid the System X business sale to Lenovo) and finance (down 5 percent all were down). CEO Ginni Rometty insists the company's reinvention toward cloud and analytics is on track. I fault Rometty for focusing far too long on impossible 2015 earnings goals that she finally scrapped last year. The bigger blame resides with former CEO Sam Palmisano, the architect of those failed profit goals... Instead of focusing on earnings targets as the prime directive, IBM's leadership should have been ahead of the major cloud, mobile, social and big data shifts...

3. Microsoft Blame and Credit: So, Microsoft reported its biggest quarterly loss ever yesterday -- $3.2 billion in red ink mostly because of the massive Nokia smartphone M&A write-off. Former Microsoft CEO Steve Ballmer deserves plenty of blame for that misguided deal. On the flip-side, Ballmer deserves credit for laying Microsoft's cloud foundation -- where sales surged 88 percent in the latest quarter...

2. Congrats: To Ted Roller and Brian Sherman. I hinted yesterday that a business launch seemed imminent. Now, their new venture is finally official...

1. Media Mess: First GigaOm went bust. Then Reddit stumbled badly. And now Gawker faces a firestorm of editorial questions. Those serious setbacks makes me wonder where media should head next... Where could somebody actually add value while steering clear of all the business model challenges? Hmmm... Let me noodle that one for a bit more time...

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