It’s come to this. The end of Pebble. Juan’s favorite smartwatch has shuffled off its mortal coil. As despondent as he is, the industry must move on, as must the discussion of wearable technology. Where do we go from here? Also, is Apple to reliant on phones for profit? Yes. Yes they are. What might be the solution for generating shareholder value in an era of smartphone saturation? We don’t know, but we’re going to talk about it.
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It’s a story of people who are “familiar with the matter” and a struggling network getting its stuff together in the face of mounting competition, financial burdens, new ownership and the tasks of cutting losses and cuts and making gains. And it started at the top of Sprint back in 2014, when Marcelo Claure took the helm as CEO.
Claure himself contracted several advisers — among them, industry veteran and claimed “mentor” of Claure’s, Dennis Trujillo — for a year’s work at a going price of $50 million. The arrangement, which involved the [...]