Seeking Alpha

Apple (AAPL) has bought transportation app developer HopStop, Bloomberg reports. HopStop's data...

Apple (AAPL) has bought transportation app developer HopStop, Bloomberg reports. HopStop's data and navigation tools for local transportation options such as buses, trains, taxi services, and bike paths would help address user complaints about Apple Maps' dearth of public transit data/features relative to Google Maps. The report comes shortly after Apple confirmed it bought Canadian location database developer Locationary. Update: Apple confirms it has bought HopStop.
Comments (13)
  • financeminister
    , contributor
    Comments (852) | Send Message
     
    This is the difference between Jobs and anyone-but-Jobs. If Steve Jobs was there, he would make sure that every product beat the competition by a whole 9 yards. With new management, they act like Microsoft and play the catch up game. When did Apple ever play the catch up game under Steve Jobs? Time to sell half my AAPL position during the next bounce.
    19 Jul 2013, 05:39 PM Reply Like
  • BMoney007
    , contributor
    Comments (26) | Send Message
     
    Sadly, your right. Apple is nothing more than a shell of it's former self...It was the beginning of the end
    19 Jul 2013, 05:51 PM Reply Like
  • badsangria
    , contributor
    Comments (131) | Send Message
     
    Well, gee, if you are that disgusted why don't you sell them all?
    19 Jul 2013, 06:01 PM Reply Like
  • financeminister
    , contributor
    Comments (852) | Send Message
     
    well, gee, if you read my post completely, you will see when I intend to sell half my position. I'll decide on the rest when I need to. Thanks you very much.
    19 Jul 2013, 06:08 PM Reply Like
  • flux8
    , contributor
    Comments (590) | Send Message
     
    You're saying that if Jobs was here, he would have snapped his fingers and Maps would automagically have data for local transportation?

     

    The fact that you haven't sold your shares and that you only plan on selling half of your shares implies that you don't fully believe in your own complaint. I'll take a wild guess that your plan hinges on their earnings report next week.
    19 Jul 2013, 06:33 PM Reply Like
  • ChrisCDC
    , contributor
    Comments (336) | Send Message
     
    "If Steve Jobs was there, he would make sure that every product beat the competition by a whole 9 yards. " WTF?

     

    What's wrong, your Google stock going down today? I can spot a sneaky Apple bashing troll like you miles away!

     

    Lets get the facts straight about Apple and Steve Jobs. Apple started their map app from scratch, unlike Google who bought Keyhole which already had a finished interface and became Google Earth/Google Maps. All Google did was load updated map data and photo tiles to keep it running. That was years ago.

     

    Apple bought the map companies Poly9, Placebase, and C3 Technologies while Jobs was alive with his approval. They are using a lot of these map companies innovations in their current mobile map app.

     

    The purchase today of the map companies Locationary and HopStop will quickly help improve their POI locations and Transit directions, since they can incorporate it into the gis database quickly.

     

    And with a NEW desktop map version in Maverick, Apple could add powerful gis map tools into it, which Google Earth currently does not have. Or let developers create map-tool plugins for the app. I hope that the new desktop map app will have a user update interface like OSM and Google have. With a map user update interface, Apple would no longer have to rely on pricy licensing updates on map data.

     

    I'm sure Apple is going to buy a lot more map companies in the near future, since good maps and map tools equal more users and map ad revenue.

     

    These companies were great pick-ups by Apple.
    19 Jul 2013, 07:26 PM Reply Like
  • scott trader
    , contributor
    Comments (5025) | Send Message
     
    Apple gets criticized for growing everything organically then they make a few acquisitions and the stone throwers come out..
    20 Jul 2013, 12:07 AM Reply Like
  • financeminister
    , contributor
    Comments (852) | Send Message
     
    flux8,

     

    "You're saying that if Jobs was here, he would have snapped his fingers and Maps would automagically have data for local transportation?"

     

    I didn't say that. You're the one who suggested Jobs would "snap" his fingers and "Maps would automagically have data for local transportation".

     

    >>"The fact that you haven't sold your shares and that you only plan on selling half of your shares implies that you don't fully believe in your own complaint."

     

    Wrong. Apple just isn't maps... it's more than maps. But maps and other shortcomings are a clue on how the company is being run. So you can ignore it all you want. But I think my money is better put else where.

     

    >> I'll take a wild guess that your plan hinges on their earnings report next week."

     

    Yes. Absolutely. Maybe you're the type that ignores earnings reports.
    20 Jul 2013, 07:27 AM Reply Like
  • financeminister
    , contributor
    Comments (852) | Send Message
     
    ChrisCDC,

     

    >>""If Steve Jobs was there, he would make sure that every product beat the competition by a whole 9 yards. " WTF?

     

    What's wrong, your Google stock going down today? "

     

    I don't own Google stocks.

     

    And the rest of your defense of maps is irrelevant whether Apple created its maps app from scratch or not. It's the end product that customers use that mattered for Apple. The fact is, under jobs, whether they bought out a product or created it inhouse, it wouldn't get released with such elementary bugs and defects. Does that make sense to you?

     

    When Jobs held the prototype for the iPhone and noticed that it used plastic lens, within a few seconds he responded that this wouldn't work as keys and coins would scratch it. He advised using glass and they scoured for quality glass.

     

    Jobs was pretty meticulous with the end product. What differentiated Apple products from the competition apart from disruption was that they were of top-notch quality. That's why Apple under Jobs closed down its Indian software development center plans even before it went operational. Jobs never compromised on quality.

     

    iPhone maps wouldn't be out under jobs if it had bugs and defects in it. The issues with maps weren't rocket science - they very elementary and proves that testing was not rigorous.
    20 Jul 2013, 07:36 AM Reply Like
  • financeminister
    , contributor
    Comments (852) | Send Message
     
    scott trader,

     

    >>Apple gets criticized for growing everything organically then they make a few acquisitions and the stone throwers come out..

     

    Nah, you're being far to simplistic. They can grow everything organically if they want and sell it to their customers - Microsoft does that too (eat their own dog food). But what makes Apple different from Microsoft is quality: it's simple principle in quality that they took seriously under Jobs - don't release buggy or defective products whether it's in-house or acquired. When you do that, you become like any other company. And by the looks of Apple products today, they're competition has caught up and nothing really differentiates Apple products anymore.
    20 Jul 2013, 07:40 AM Reply Like
  • SP5524
    , contributor
    Comments (85) | Send Message
     
    Financeminster -- What about the antenna disaster with the iPhone 4 when Jobs had to fly back from Hawaii to fix? Or when he shredded his iCloud team because they put something out that sucked. Or in 2010 when he offered an apology for banning Fiore's political cartoons on App Store, which then went on to win the Pullitzer. Bottom line, tech isn't perfect and neither was Jobs. You should be more educated on this company. The same culture is still there. If not, then keep your mouth shut.
    20 Jul 2013, 01:21 PM Reply Like
  • scott trader
    , contributor
    Comments (5025) | Send Message
     
    Financeministerndo you own any apple products? I do , their products are quality wise ten times better than the others..... Too simplistic.....thank you...
    20 Jul 2013, 12:31 PM Reply Like
  • heywally
    , contributor
    Comments (192) | Send Message
     
    AAPL became too difficult for me to figure out around the time they started to sink below $700. The competitive pressures are obvious and their products will necessarily become more cheaply priced and their margins will shrink as time goes on. They are too leveraged to the iPhone and tablets for profitability and -- unless something major with a new product is happening in the background, which seems more unlikely as the weeks go by -- they are treading water while other companies catch up to them. As far as the living room goes, maybe they should have bought Disney or some other major media company to begin to control the content more, I don't know ..... the watch isn't going to do much for them.

     

    I'll just stick to the dip buying via the indexes, where I don't have to be that smart.
    20 Jul 2013, 06:09 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs