Apple’s revenue now is at a run rate of over $100 billion dollars, a good deal higher than that of Microsoft. Apple’s profits also well exceed Microsoft’s profits. Yet, Apple has only about 50% of the headcount of Microsoft. These things were utterly unthinkable just 5 years ago. One way to visualize this is to imagine Yahoo overtaking Google in the search market and in terms of overall revenue & profits (Google does about 6 times the revenue of Yahoo), and multiply that difficulty by 10-fold, because Yahoo actually still makes money, but Apple was losing a lot of money when Steve Jobs came back in 1996.
I assumed that Apple grew steadily from when Jobs came back. I was wrong. Here is the revenue trajectory of Apple all the way going back to 1981. Focus on the years after 1997.
Notice the crisis in 96-97-98 when he came back – that was a stomach churning drop in revenue, which explains why he came back. But notice that 5 years after he came back, in 2002, Apple still had less revenue than in 1997 (in fact, it was less than they had as far back as1989!). During those 5 years between 1997-2002, revenue first went up, and then went down again during the recession in 2001-2. Even worse, Apple was again losing money in 2001, a full 4 years after he came back. Why is that relevant? Any normal person would have found it very hard to keep the spirit and motivation up at that time. Apple’s greatest years were ahead of them, but only one person would have possibly believed it – Steve Jobs. No one else, in 2002, would have believed Apple’s best days were ahead. From only 2005, did Apple really achieve that big burst of growth, and within just 6 years Apple has overtaken Microsoft.
Also notice the extreme variation in growth. Even after the iPod arrived, Apple’s growth rates has dipped as low as 14% and has gone as high as 68% (until 2011, when it scaled new highs). In the 2009 bust, Apple dipped to only 14% year-over-year growth. Yet, in 2011, driven by the boom in iPad, Apple is exceeding 80% growth without meaningfully adding any headcount. This is the track record Jobs has piled up. I don’t know it will ever be equalled in this industry again.
After switching to Zoho Recruit, retrieving and organizing employment applications has become easier. After reviewing the applications, Barnett then divides the candidates into three groups to determine the action to take in response:
1. Unqualified/rejected – an e-mail is sent automatically to the candidate.
2. Hireable – we may hire the person in the future, but not right now. An e-mail template is sent.
3. Interview – we use interviewer scheduler to send an invitation, again with an e-mail template that includes a Google Map link to the interview location.
This is a guest post by Robert C. Johnson, CEO of TeamSupport.com.
TeamSupport.com, a cloud based customer support management solution, is excited to announce the completion of a powerful new integration with Zoho CRM.
Once the simple setup is completed, the integration provides for the seamless transfer of select customer and contact information from Zoho CRM directly into TeamSupport. When new support tickets are created in TeamSupport they are automatically added as notes into Zoho so that the sales team can be kept in the loop on support issues.
The transfer and update of contact names, addresses and phone numbers happens seamlessly in the background with no intervention required by either TeamSupport or Zoho users. When a Zoho user marks an account as a “Customer” then that data is automatically sent to TeamSupport.
TeamSupport is a powerfully simple customer support software, and our integration with Zoho CRM brings two best of breed solutions together for our mutual customers. We’re very excited about our integration with Zoho and look forward to a great partnership!
Gene Marks over at Forbes just published an article today on the Quicker Better Tech column. The piece, Google Buys Motorola Mobility… And So Begins The Dark Ages is an interesting take. While most people have focused on what that merger means for the current patent wars, the future of Android, mobile devices and so on, Gene focused on a totally different angle: what this might mean for Small Businesses.
In a nutshell, Gene is arguing that this purchase is not going to be good for small businesses:
But will this news help my small business? Unfortunately, no. The empire is breaking up. Chaos is approaching. Life, particularly for my business, is about to become more complicated.
The overall point that Gene makes is that “Pax Microsoft” (the peaceful period during which Microsoft used to dominate) was good for small businesses because it brought stability for software vendors, who would focus just on creating software on top of the platform, so things “just worked” and were “inexpensive”. Gene also has some other concerns. For example: what platform should his business standardize on? How can he make sure that he is able to export data from one system to another, and finally, integration between apps.
While Gene acknowledges “the cloud”, I don’t think he really realizes the impact this will have on businesses like his (according to his profile he owns a 10-person consulting firm). But lets leave the benefits of the cloud itself aside for a second, and focus on some of the other points.
Mobile is just a front-end for business apps. Sure, you access your CRM data through a native App, but the difference between most consumer apps/games and business applications on a mobile device, is that while consumer apps/games have a significant amount of “intelligence” built into the mobile app, business apps are different. For almost all business apps, the logic, the core of the app, resides in some server in the cloud. The mobile device is just a convenient front-end to it that takes advantage of some hardware features (i.e. GPS/camera) or enables off-line.
Besides, mobile business apps are primarily intended for secondary, on-the-go use (this is true especially for mobile phones). The main use will remain in the desktop/laptop factor and in the iPad factor (there’s no such thing as a tablet – only iPads!). And in that case, I think most of it will happen through the iPad’s browser. Which leads me to the next point…
You can always use the browser. Mobile Apps are certainly nice and useful. We have released a handful of them ourselves lately (for both iPhone and Android). But I think Gene stresses too much about choosing a platform. Most vendors will support both iOS and Android for the foreseeable future. The particular app you want right now is not available in your platform ? Well you can always use the mobile browsers and use the mobile version.
Commitment is not as serious this time around. In the “PAX Microsoft” era customers had to make a very serious commitment to a platform: Windows or Linux; Oracle or SQLServer, .NET or Java… etc. Once those decisions were made, well, you as a business were literally stuck with it for years (or decades) to come. And the cost of switching was very high. In the Android vs. iOS question… well that’s another story. If you decide to go with the other platform, it just takes a couple hundred bucks and you’ve switched. It’s really not that bad as it used to be.
Open Data. Most people will agree that, for the most part, cloud providers have a pretty good track record of making it clear that the data belongs to the user and it is up to her to take it whenever she wants. That is certainly the case with us at Zoho, but most of our competitors and other people in our space also operate under this principle. As with everything, there are exceptions, and no business in their right mind should use one of those services!
Integration. My favorite point. I argue, Gene, that you and your business are better off nowadays than years before, especially with regards to integration. At Zoho we’ve made it one of our priorities to provide contextually integrated applications that help you. We have not only integrated our Zoho CRM with Zoho Mail, but also Zoho CRM with Zoho Projects, and Zoho Projects with Zoho Invoice, and the list goes on. But that’s not all… there are also multiple integrations with third parties. For example, we integrate heavily with Google Apps, and just recently we integrated Zoho BugTracker with GitHub and there are even some third-party hook-ups with other third-party services, like the recent one that Cazoomi did for tying up Zoho CRM and ExactTarget.
Sure, fragmentation sucks for us, but it is just the cost of doing business in the technology world. And if we look at it from another perspective, fragmentation has been already here for a while. It started with Firefox eating IE’s lunch, and now Chrome.
The bottom line is that Google purchasing Motorola Mobile really doesn’t mean much for the small business sector. Sure, the mobile OS wars will only continue to escalate, there’s uncertainty about the future of Windows, Macs (as in desktop, not iOS) ar
e on the rise again… but as long as businesses stick to the cloud, they will be fine.
At the CRM Evolution Conference in New York City I sat down
with Brent Leary, co-founder and partner of CRM
Essentials, to talk about what SMBs are successfully integrating into their
CRM package today and what should they be doing in the future.
We talked about backend operational efficiencies, project
management, collaboration, more efficient sales teams (from a mobile
perspective), and more effective internal communications.
CRM’s real power is when it’s integrated with your business’
applications and processes. Pulling that off is not easy though. And nobody I
spoke to at the CRM Evolution Conference in New York City had everything
integrated, but they were doing some integration. I asked attendees how they
were integrating CRM into their business processes today, and how they’d like
to integrate CRM into their business processes for the future.