Skip to Content
The Risk Premium Factor: A New Model for Understanding the Volatile Forces that Drive Stock Prices
book

The Risk Premium Factor: A New Model for Understanding the Volatile Forces that Drive Stock Prices

by Stephen D. Hassett
October 2011
Beginner
210 pages
4h 59m
English
Wiley
Content preview from The Risk Premium Factor: A New Model for Understanding the Volatile Forces that Drive Stock Prices

Appendix A

Mobile Apps: The Wave of the Past1

Mobile today is like the Internet in the 1990s, with relatively slow connections and limited browser capability. Just like the PC Web, improvements in mobile Web will bring down today's walled gardens. Apple (NASDAQ: AAPL) is not AOL but still has much to lose.

I have an iPhone 4 and I love it. I love apps, and I love the app store. Apps simply deliver an experience you can't get on the mobile Web. But this love is not meant to last.

It's understandable why many believe that apps are here to stay. Reportedly, 6.5 billion apps were downloaded from iTunes; that's 54 for every iPhone. The trend line is steeply upward, but I think the runaway success of mobile apps is because they fill a temporary void, and the use of mobile apps will decline.

MOBILE PAST–RIM MISSES THE NEED FOR APPS

To understand why, let's look at the past. Mobile apps have been necessary and viable since the first Blackberry. While Research in Motion (NASDAQ: RIMM) should have won the battle of the app, they missed the opportunity.

I cofounded a company call iTendant in 2000, acquired by Servidyne (NASDAQ: SERV) in 2004. We built a Web and mobile software as a service (SaaS) platform (although we did not call it SaaS back then) to manage service and maintenance in hotels and office buildings. For many reasons (although there was a mobile Web), it would not work for our purposes. So we wrote applications for the Blackberry as the mobile component.

Initially, we had no ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Credit Risk Frontiers: Subprime Crisis, Pricing and Hedging, CVA, MBS, Ratings, and Liquidity

Credit Risk Frontiers: Subprime Crisis, Pricing and Hedging, CVA, MBS, Ratings, and Liquidity

Tomasz R. Bielecki, Damiano Brigo, Frédéric Patras
Market Microstructure: Confronting Many Viewpoints

Market Microstructure: Confronting Many Viewpoints

Jean-Philippe Bouchaud, Frédéric Abergel, Charles-Albert Lehalle, Mathieu Rosenbaum, Thierry Foucault

Publisher Resources

ISBN: 9781118099056Purchase book