If you ever wanted to read something which almost perfectly encapsulates the utter lack of business reality endemic in new media, Kim-Mai Cutler’s post on the Nexus One is it. In particular, this sentence:
“Overall, incrementalism seems to be working for Google. A couple stats released today bear out evidence of that success.”
Success? What success? How much money has Google made from Android? Nothing – it’s spent millions. How much has Apple made from iPhone? Billions.