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Wednesday, February 16, 2011

postheadericon Nerd imperialism: Why did Apple crash?

As the MSM was essentially calling for an Egyptian happy-face reenactment of the love-fest with the fall of former Soviet nations and varied other “developing countries,” Apple’s (AAPL) share price experienced a flash crash. No one seems to know why. Possibly because the events today in the Middle East are not essentially about Egypt, but about America. About wanting the rest of the world to be just like America. It is a kind of nerd imperialism. The uprising, don’t you know, is the work of smartphones and iPads, just as we were told by the glowing academic supporters here of the Iranian uprising in 1979 that it was all because of the new Walkman technology and the ability to hear a speech by Ayatollah Khomeini in Paris back in Iran via tiny cassette devises. When one Canadian legislator expressed caution in a CBC interview this weekend, she was chastised by a reporter for not showing “exuberance” for what was essentially a military coup.

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