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Wall Street Oasis » Blogs » chabo11's blog
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Apple's Brand Image: Past, Present and Future
 

chabo11's picture
chabo11
     
 
(Orangutan, 310
 
Points)
 on 7/31/12 at 7:12pm
apple.png

When a company has its own Wikipedia page dedicated to its advertising history, it must be doing something right. For years under Steve Jobs, Apple's clever and inspiring advertisements really made you wonder how much more convenient your life might be with one of its products.

Fast forward to about a week ago, when Apple used the Olympics to reveal its newest line of commercials. Are the ads funny? Sure. Will they inspire people to buy a MacBook like they have in the past? Unlikely.

The new ads aren't about aspirations. They're a defensive move written for the one demographic the company's past commercials always seemed to ignore -- those seemingly hapless middle aged dudes. So they trot out some features -- old dudes like utility, right? -- and try to assure the forty-something male viewer that, yes, Apple cares about their lives too. But by doing it in such a predictable, shopworn way, they're essentially demeaning the audience. They're certainly not inspiring it.

Apple's marketing has been the bedrock of its success and popularity for the past 30 years. Yet is the company's marketing and brand power starting to fade post-Steve Jobs? Here's a taste of old vs. new:

Old Commercials:

http://www.youtube.com/watch?v=R706isyDrqI

http://www.youtube.com/watch?v=ntZ14BAFMyo

http://www.youtube.com/watch?feature=player_embedd...!

New Commercials:

http://www.youtube.com/watch?feature=player_embedd...

http://www.youtube.com/watch?feature=player_embedd...

http://www.youtube.com/watch?feature=player_embedd...

Definitely a noticeable difference. If you still need convincing, listen to what marketing whiz Ken Segall, who worked with Jobs and came up with the tags "Think Different" and "iMac," has to say:

It feels like something Best Buy would do. Maybe even Dell. Between the writing, casting, directing and production, this campaign has a very “local” feel to it. It doesn’t have the feel of quality that has defined previous Apple advertising.

In the effort to show that the Genius is the most helpful guy in the world, Apple has created customers who, shall we say, are on the dim side. In past ads, Apple has shown “ordinary people doing extraordinary things,” simply because Apple products are so easy to use. Now we have thick people who want to be better, but need a Genius to help. Not exactly flattering.

Bad ads happen, and a few cheesy commercials aren't going to make me sell my Apple shares. Also, these ads are directed at a very specific demographic (middle-aged dudes), so Apple isn't necessarily committing to this theme for eternity. But what does this say about the company's direction from a marketing standpoint? Is it better or worse for the stock?

Source 1
Source 2

See my WSO blog
    "The only thing that interferes with my learning is my education." Albert Einstein
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Tags:
  • apple

Comments

Asatar's picture

The ads themself are a bit of

Asatar
      O
 
 
(King Kong, 1,991
 
Points)
 on 7/31/12 at 7:19pm

The ads themself are a bit of a flop (at least in the blogosphere....) but to suggest that this means the company is losing its way is jumping the gun in my opinion.

See my other WSO blog posts>

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kimbo's picture

My high school media class

kimbo
      ST
 
 
(Senior Baboon, 223
 
Points)
 on 7/31/12 at 7:23pm

My high school media class used to make better commercials...

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canas15's picture

Think Different is probably

canas15
     
 
(Baboon, 133
 
Points)
 on 7/31/12 at 8:35pm

Think Different is probably one of my favorite campaigns. It's so sappy and cheesy but it just makes you feel really good inside at the end of it instead of feeling rather jaded.

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Studiofan's picture

When I first saw the new adds

Studiofan
      IB
 
(Orangutan, 253
 
Points)
 on 7/31/12 at 8:51pm

When I first saw the new adds on TV I did not believe they were apple commercials, even after seeing the "genius" I thought they were advertising a different product, because there is no way an apple commercial would be this cheesy. I guess I was wrong, this is foreshadowing for where the company is heading in the future. Steve Jobs would be turning in his grave if he saw these.

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Amphipathic's picture

It doesn't matter what is in

Amphipathic
     
 
(Senior Gorilla, 752
 
Points)
 on 7/31/12 at 9:36pm

It doesn't matter what is in their ads, the hipsters and elitists will buy them simply because they are more expensive and bring status.

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Senvik's picture

I wouldn't put such a

Senvik
     
 
(Senior Baboon, 187
 
Points)
 on 8/1/12 at 1:45am

I wouldn't put such a negative spin on this. Apple has some leeway to experiment not just on its books but also in it's target audience. iPhone 5 is coming out soon anyway and I doubt sales will falter. They just have to avoid being lumped in with Microsoft/Dell/HP/etc.. as just another computer maker or it's over.

"You stop being an asshole when it sucks to be you." - IlliniProgrammer

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BillyRay05's picture

Amphipathic: It doesn't

BillyRay05
      ST
 
(Senior Baboon, 179
 
Points)
 on 8/1/12 at 10:28am
Amphipathic:

It doesn't matter what is in their ads, the hipsters and elitists will buy them simply because they are more expensive and bring status.

While on vacay- noticed 4 texas mothers sitting on the beach clumsily sifting through pictures on their IPhones.

Came back from vacay- noticed 2 midwestern couples swiping on their IPhones with their thick meaty fingers.

Walking home from work last week, saw 2 geriatrics playing on their IPhones while at Sarabeths (not even eating or talking)

This is the antithesis of what the nerds and hipsters, both of whom are responsible for the phones success, believed in. It is no longer cutting edge, and worse of all, your parents probably own one. Unless Appl does something really crazy (which it doesnt appear that they will) with the 5, I see these phones losing their luster really quickly. In fact, all of my techie friends are basically done with the phone if 5 fails to push the boundries.

"Sounds to me like you guys a couple of bookies."

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D M's picture

Bush league. How do so many

D M
      O
 
(Senior Neanderthal, 4,803
 
Points)
 on 8/1/12 at 10:41am

Bush league. How do so many companies fail at commercials? All they need to do is have a video of a truck running over a guy and I'll buy their product.

"WSO is like the 300 for anti spamage. None shall pass." -happypantsmcgee
"You stop being an asshole when it sucks to be you." -IlliniProgrammer

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Amphipathic's picture

BillyRay05: Amphipathic: It

Amphipathic
     
 
(Senior Gorilla, 752
 
Points)
 on 8/1/12 at 11:16am
BillyRay05:
Amphipathic:

It doesn't matter what is in their ads, the hipsters and elitists will buy them simply because they are more expensive and bring status.

While on vacay- noticed 4 texas mothers sitting on the beach clumsily sifting through pictures on their IPhones.

Came back from vacay- noticed 2 midwestern couples swiping on their IPhones with their thick meaty fingers.

Walking home from work last week, saw 2 geriatrics playing on their IPhones while at Sarabeths (not even eating or talking)

This is the antithesis of what the nerds and hipsters, both of whom are responsible for the phones success, believed in. It is no longer cutting edge, and worse of all, your parents probably own one. Unless Appl does something really crazy (which it doesnt appear that they will) with the 5, I see these phones losing their luster really quickly. In fact, all of my techie friends are basically done with the phone if 5 fails to push the boundries.

Agree 100%. Apple is going to be the victim of its own success. It's like those clothing lines that expanded too much, started letting their items get sold at discount retailers, and then got hammered.

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rls's picture

Never been one for Apple

rls
      HF
 
 
(Orangutan, 367
 
Points)
 on 8/1/12 at 12:29pm

Never been one for Apple advertising, but those new ones seem kinda crappy. Not funny at all. I found the "I'm a Mac, I'm a PC" commercials pretty pretentious and grating- and I've purchased exclusively Apple computers since 2006. I guess they decided to be less confrontation. For the entirety of the Jobs era, Apple wanted to behave like it was a start-up. There are upside and downsides to that, but we'll see how it develops. Like Harvey Dent said, "You either die a hero or you live long enough to see yourself become the villain."

BillyRay05, 'cutting edge' and 'widely available' aren't mutually exclusive. Apple is trying and largely succeeding in putting state-of-the-art, or near state-of-the-art, technology in the hands of everyday people. That, for all intents and purposes, is the purpose and result of capitalism. Ultimately, you do not want your consumer base to be limited to the nerds and hipster indefinitely because 1) they are not large enough to build a trillion dollar company; and 2) they are capricious and cannot be relied upon for any enduring period of time. Hipsters are people who define themselves based on what other people are doing. It's built into their demonym. Why is the iPhone 'less cool' or 'less functional' just because Apple sold 100M of them?

Bene qui latuit, bene vixit- Ovid

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rls's picture

Apple is perfectly

rls
      HF
 
 
(Orangutan, 367
 
Points)
 on 8/1/12 at 12:35pm

Apple is perfectly positioned, I think. They make aspirational products. It's expensive, but not entirely out of reach for the middle class. And the increasing scale of its business has not impaired product quality. In fact, product quality has gone up, in my view.

Bene qui latuit, bene vixit- Ovid

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BillyRay05's picture

rls: Never been one for Apple

BillyRay05
      ST
 
(Senior Baboon, 179
 
Points)
 on 8/1/12 at 2:30pm
rls:

Never been one for Apple advertising, but those new ones seem kinda crappy. Not funny at all. I found the "I'm a Mac, I'm a PC" commercials pretty pretentious and grating- and I've purchased exclusively Apple computers since 2006. I guess they decided to be less confrontation. For the entirety of the Jobs era, Apple wanted to behave like it was a start-up. There are upside and downsides to that, but we'll see how it develops. Like Harvey Dent said, "You either die a hero or you live long enough to see yourself become the villain."

BillyRay05, 'cutting edge' and 'widely available' aren't mutually exclusive. Apple is trying and largely succeeding in putting state-of-the-art, or near state-of-the-art, technology in the hands of everyday people. That, for all intents and purposes, is the purpose and result of capitalism. Ultimately, you do not want your consumer base to be limited to the nerds and hipster indefinitely because 1) they are not large enough to build a trillion dollar company; and 2) they are capricious and cannot be relied upon for any enduring period of time. Hipsters are people who define themselves based on what other people are doing. It's built into their demonym. Why is the iPhone 'less cool' or 'less functional' just because Apple sold 100M of them?

'widely available' and cool are very much mutually exclusive. See Zoo York, for example.

You cannot deny that one of the bigger draws for many to get an apple product is that its much 'cooler' than those 'boring' pc/phone makers. When the IPhone first came out, it was lightyears ahead of the bigger players in terms of being cutting edge. Because of this and the already apple 'cool' factors, nerds and the early adopter hipsters were in love from the get go- and these people normally set trends for items such as these.

But tell me, what does the phone today have that is so cutting edge compared to others? Will people still considered it cool, despite the fact that my mom is checking out 'neat' IPhone covers online? high volume/low cost firms could care less about image, but I couldnt think of a tech company more opposite than this. Most of you youngin's grew up in an IPhone/apple world, so trust me when I tell you that these things come in waves...

"Sounds to me like you guys a couple of bookies."

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Studiofan's picture

Amphipathic: BillyRay05:

Studiofan
      IB
 
(Orangutan, 253
 
Points)
 on 8/1/12 at 6:45pm
Amphipathic:
BillyRay05:
Amphipathic:

It doesn't matter what is in their ads, the hipsters and elitists will buy them simply because they are more expensive and bring status.

While on vacay- noticed 4 texas mothers sitting on the beach clumsily sifting through pictures on their IPhones.

Came back from vacay- noticed 2 midwestern couples swiping on their IPhones with their thick meaty fingers.

Walking home from work last week, saw 2 geriatrics playing on their IPhones while at Sarabeths (not even eating or talking)

This is the antithesis of what the nerds and hipsters, both of whom are responsible for the phones success, believed in. It is no longer cutting edge, and worse of all, your parents probably own one. Unless Appl does something really crazy (which it doesnt appear that they will) with the 5, I see these phones losing their luster really quickly. In fact, all of my techie friends are basically done with the phone if 5 fails to push the boundries.

Agree 100%. Apple is going to be the victim of its own success. It's like those clothing lines that expanded too much, started letting their items get sold at discount retailers, and then got hammered.

Agreed, every teenage girl and her dog has an iPhone, no longer a status symbol. Although I love my iPhone, it is an inferior machine to the Samsung Galaxy II & III and other high end Android phones. Sure the OS is not as pretty as the iPhone's but they are a lot more capable.

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rls's picture

BillyRay05: rls: Never been

rls
      HF
 
 
(Orangutan, 367
 
Points)
 on 8/2/12 at 9:59am
BillyRay05:
rls:

Never been one for Apple advertising, but those new ones seem kinda crappy. Not funny at all. I found the "I'm a Mac, I'm a PC" commercials pretty pretentious and grating- and I've purchased exclusively Apple computers since 2006. I guess they decided to be less confrontation. For the entirety of the Jobs era, Apple wanted to behave like it was a start-up. There are upside and downsides to that, but we'll see how it develops. Like Harvey Dent said, "You either die a hero or you live long enough to see yourself become the villain."

BillyRay05, 'cutting edge' and 'widely available' aren't mutually exclusive. Apple is trying and largely succeeding in putting state-of-the-art, or near state-of-the-art, technology in the hands of everyday people. That, for all intents and purposes, is the purpose and result of capitalism. Ultimately, you do not want your consumer base to be limited to the nerds and hipster indefinitely because 1) they are not large enough to build a trillion dollar company; and 2) they are capricious and cannot be relied upon for any enduring period of time. Hipsters are people who define themselves based on what other people are doing. It's built into their demonym. Why is the iPhone 'less cool' or 'less functional' just because Apple sold 100M of them?

'widely available' and cool are very much mutually exclusive. See Zoo York, for example.

You cannot deny that one of the bigger draws for many to get an apple product is that its much 'cooler' than those 'boring' pc/phone makers. When the IPhone first came out, it was lightyears ahead of the bigger players in terms of being cutting edge. Because of this and the already apple 'cool' factors, nerds and the early adopter hipsters were in love from the get go- and these people normally set trends for items such as these.

But tell me, what does the phone today have that is so cutting edge compared to others? Will people still considered it cool, despite the fact that my mom is checking out 'neat' IPhone covers online? high volume/low cost firms could care less about image, but I couldnt think of a tech company more opposite than this. Most of you youngin's grew up in an IPhone/apple world, so trust me when I tell you that these things come in waves...

First, the mass market, which has the deepest pockets to tap, buys products because the products are a mix of functional, cool, and quality-made. The iPhone started as a status device, not because of, I would argue, hipsters and nerds. Some hipsters and nerds may have latched on as early adopters, but the iPhone was not created for them- it is too simple/intuitive for nerds and too mass-market-oriented for hipsters. (Remember, iOS and iTunes are incredibly restrictive regarding customization - which is very anti-nerd and anti-hipster). When it started selling at AT&T, it was being sold for $599, one of the most expensive consumer phones at the time. Only when AT&T realized they had an enormous hit on their hands did they begin extensive subsidization. So, I would argue, that it was not the nerds or hipsters primarily who drove the initial iPhone sales and popularized the device, but the socialites and status seekers.

Second, a company, like most hipsters and nerds, eventually has to grow up. They can retain their youthful spirit, but there is no principled reason why quality and mass market have to be mutually exclusive. This is why Apple is such a smashing success. Even after its stock has increased 90 times or so in the last decade, it is still not expensive- because Apple still creates quality products and yet appeals to an enormous market. It is the culture of uncompromising quality that Jobs instilled during his tenure.

Lastly- the technology question. Yes, the other phone makers have made up some lost ground. But that doesn't mean that the iPhone is a bad phone or technologically irrelevant. The fact that in 2007 the iPhone was so far ahead of its time was unusual, not the a more normal gap that exists between phones today. Counter-factuals are impossible to quantify but here are two I would pose:

1) Would the Samsung Galaxy S3 exist without the iPhone preceding it? I doubt it.
2) Would Android exist in its current state without iOS preceding it? I doubt it.

The fact that Apple was able to jump ahead of its competitors so many times is a reason to buy their products for some consumers. They think about product design and function differently. That, and Apple has created an unrivaled ecosystem for all of your Apple devices to interact that increases the likelihood that your next computing device purchase will be an Apple product.

So, fine, for those perpetually unhappy folks forever searching for the next 'hip' thing, mainstream success is a death blow. In the meantime, they are missing out on quality products from a stellar company.

Bene qui latuit, bene vixit- Ovid

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BillyRay05's picture

rls, I am getting the feeling

BillyRay05
      ST
 
(Senior Baboon, 179
 
Points)
 on 8/2/12 at 2:27pm

rls, I am getting the feeling that you are a hardcore apple fan boy/girl, but just to entertain the debate..

1.) socialites and status seekers are much more elitest than nerds and hipsters. You think a Socialite wants to play with the same phone as the person who just ordered the Grand Slam special at Denny's (no knock against the grand slam, I love it)

2.) 'Growing up' is the problem. Its not an easy thing to do- ask Hewlett. AAPL is a young and hip company, and they definitely were one of the most innovative firms of the last decade. But, like everything else in business, people catch up to you. And from the looks of their 'new' products, (which are just touch ups of former items) they may be out of innovations for awhile

3.) I realize that the IPhone was more or less revolutionary in mobile technology. No one will ever argue against this. But there is definitely a growing camp of dissenters, including myself, who found the Galaxy etc to be a lot more of a next gen device.

We can sit here and say that the 5 is going to push the boundry, but I haven't heard much that would make me believe so. I just wouldn't be a buyer of an IPhone 'brand' that is losing ground in the innovation space and also quickly losing its 'cool' factor.

"Sounds to me like you guys a couple of bookies."

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The Company is not to be considered to be an employer with respect to your use of the Web Site and the Company shall not be responsible for any employment decisions, for whatever reason made, made by any entity posting jobs on the Web Site.

THE COMPANY DOES NOT WARRANT THAT THE WEB SITE WILL OPERATE ERROR-FREE OR THAT THE WEB SITE AND ITS SERVER ARE FREE OF COMPUTER VIRUSES OR OTHER HARMFUL MECHANISMS. IF YOUR USE OF THE WEB SITE OR THE MATERIAL RESULTS IN THE NEED FOR SERVICING OR REPLACING EQUIPMENT OR DATA, THE COMPANY IS NOT RESPONSIBLE FOR THOSE COSTS.

THE WEB SITE AND MATERIAL ARE PROVIDED ON AN "AS IS" BASIS WITHOUT ANY WARRANTIES OF ANY KIND. THE COMPANY, TO THE FULLEST EXTENT PERMITTED BY LAW, DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING THE WARRANTY OF MERCHANTABILITY, FITNESS FOR PARTICULAR PURPOSE AND NON-INFRINGEMENT. THE COMPANY MAKES NO WARRANTIES ABOUT THE ACCURACY, RELIABILITY, COMPLETENESS, OR TIMELINESS OF THE MATERIAL, SERVICES, SOFTWARE, TEXT, GRAPHICS, AND LINKS.

Disclaimer of Consequential Damages.

IN NO EVENT SHALL THE COMPANY, ITS SUPPLIERS, OR ANY THIRD PARTIES MENTIONED ON THE WEB SITE BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, INCIDENTAL AND CONSEQUENTIAL DAMAGES, LOST PROFITS, OR DAMAGES RESULTING FROM LOST DATA OR BUSINESS INTERRUPTION) RESULTING FROM THE USE OR INABILITY TO USE THE WEB SITE AND THE MATERIAL, WHETHER BASED ON WARRANTY, CONTRACT, TORT, OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT THE COMPANY IS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Links to Other Sites.

The Web Site may contain links to third party web sites. These links are provided solely as a convenience to you and not as an endorsement by the Company of the contents on such third-party Web sites. The Company is not responsible for the content of linked third-party sites and does not make any representations regarding the content or accuracy of materials on such third party Web sites. If you decide to access linked third party Web sites, you do so at your own risk.

No Resale or Unauthorized Commercial Use.

You agree not to resell or assign your rights or obligations under these Term of Use. You also agree not to make any unauthorized commercial use of the Web Site.

Limitation of Liability.

The aggregate liability for the Company to you for all claims arising from the use of the Materials is limited to $1.

Termination.

The Company reserves the right, at its sole discretion, to pursue all of its legal remedies, including but not limited to immediate termination of your registration with or ability to access the Web Site and/or any other service provided to you by the Company, upon any breach by you of these Terms and Conditions or if the Company is unable to verify or authenticate any information you submit to the Web Site registration with or ability to access the Web Site.

Indemnity.

You agree to defend, indemnify, and hold harmless the Company, its officers, directors, employees and agents, from and against any claims, actions or demands, including without limitation reasonable legal and accounting fees, alleging or resulting from your use of the Material or your breach of the terms of these Terms and Conditions. The Company shall provide notice to you promptly of any such claim, suit, or proceeding and shall assist you, at your expense, in defending any such claim, suit or proceeding.

General.

The Company makes no claims that the Materials may be lawfully viewed or downloaded outside of the United States. Access to the Materials may not be legal by certain persons or in certain countries. If you access the Web Site from outside of the United States, you do so at your own risk and are responsible for compliance with the laws of your jurisdiction. These Terms and conditions are governed by the internal substantive laws of the State of New York, without respect to its conflict of laws principles. Jurisdiction for any claims arising under this agreement shall lie exclusively with the state or federal courts within New York, New York. If any provision of these Terms and Conditions are found to be invalid by any court having competent jurisdiction, the invalidity of such provision shall not affect the validity of the remaining provisions of these Terms and Conditions, which shall remain in full force and effect. No waiver of any term of these Terms and Conditions shall be deemed a further or continuing waiver of such term or any other term. Except as expressly provided in additional terms of use for areas of the Web Site a particular "Legal Notice," or Software License or Material on particular Web pages, these Terms and Conditions constitute the entire agreement between you and the Company with respect to the use of Web Site. No changes to these Terms and Conditions shall be made except by a revised posting on this page.

PRIVACY POLICY

The Company recognizes that you are concerned about privacy. We are committed to preserving your privacy and safeguarding your sensitive information. The following statement describes the general information-gathering and usage practices of our sites.

Our staff, contractors, Internet service providers and others involved in this site follow this policy or similarly strict policies regarding your Information.

Disclosure

The Company is committed to fully disclosing our policies regarding the collection, use, maintenance, disclosure and security of personal information obtained from users of our site. The term "personal information" includes a name, address, email address, or any other information which could be used to contact you directly or to identify you personally.

Use and Disclosure Limitations

The Company only uses personal information about its Web site users for specific purposes. We do not share user information with third parties except when we have told users about the disclosures, when we have prior consent, or when required by law.

Use Policy: When the Company gathers personal information from users, we ask for permission first. We also disclose, at the time of collection, how the information will be used by us. Personal information is used for activities such as auto-completion of commonly-used forms and helping us contact you when you solicit information from us.

Disclosure Policy: We do not normally disclose personal information to anyone outside of the Company unless we have previously informed users about the disclosures. However, some data may be used from time to time by outside contractors, including auditors or consultants, to assist us in carrying out necessary financial or operational activities. These uses will be consistent with this privacy policy and all contractors using this potential personal information must agree to safeguard it, to use it only for the authorized purpose, and to return it or destroy it upon completion of the activity.

The Company might be required to disclose personal information in response to a valid legal process such as a subpoena, search warrant or court order.

Although unlikely, it is possible that we may have to make certain disclosures to ensure the security of our Web site, to protect its integrity, or to take precautions against potential liability. In any of these situations, we will take any reasonable steps to limit the scope of the data disclosed.

Web Logs: The Company maintains standard Web logs that record basic information about visitors to our Web site. These logs contain: * The Internet domain from which you came to our Web site. * Your IP address. An IP address is a series of numbers which uniquely identifies your connection to the Internet. Although it is possible in some instances, certain types of IP addresses may be used by interested persons to identify users but we do not attempt to identify users in this way. * The type of browser (e.g., Internet Explorer or Netscape) and operating system (e.g., Windows 98) you use. * The date and time you visited the site, and the pages you saw.

We use Web log information to design our Web site, identify popular features, and in similar ways. We do not try to identify individuals from Web logs or to link Web logs to other user information. However, if someone tries to damage our Web site or use it in an unauthorized or illegal way, we may share Web log information with law enforcement agencies. The Company may provide aggregate information such as the number of users who visit particular pages of the site, or the number of people who link to certain external sites from our site, to other parties.

Changes to Privacy Policy

The Company's features and services will change over time and our information-gathering practices and policies may also change.

While our philosophy of protecting user information from inappropriate uses and disclosures will not change, this policy will be updated occasionally to include any change that materially affects the collection, maintenance, use, or disclosure of personal information.

Forum Topics

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  • Right now, I'm 20 and I have about $20k to my name. It's all sitting in a checking account with no fees. I pay for things with a debit card. I want to start a credit card to build my credit history. I also recently opened a low-fee brokerage account and wanted to put most of my cash...
    Personal Finance: Credit/Debit Card, Checking/Savings Account, Index Fund
  • For reasons I can't go into because of privacy, I am an undergrad majoring in political science. However, I recently discovered that I enjoy finance and economics (yes I know vague but I don't want to divulge too much). Anyways, since I'm already a third year and only got interested...
    What are my best options (aka how badly did I screw up)?
  • Thought I'd fill WSO in on some of the 2013 CMC Master's placement: Bank of America Merrill Lynch - Investment Banking Analyst, New York, NY Cowen & Co. - Investment Banking Analyst, San Francisco, CA Fred Alger Asset Management - Equity Research Associate - New York,...
    2013 CMC Master's Placement
  • The predicament that I am in is that I am 21 and in community college but I feel like I am behind in life I wanted to be in a university by now and preparing for law school but plans did not go according. I will be applying for colleges this fall 2013 but I am afraid that I will not get into...
    Hello I'm 21 and still in community college
  • I come from a small town where nobody had ever heard of consulting or IB. I was fortunate enough to attend a top target college (a good Ivy) and land a gig in IB at a BB/EB. I'm starting full time this summer. I've noticed that my personality has changed a lot since high school. Over...
    Finance Personality
  • Hello WSO, This is probably a silly post so I apologize in advance. I am a long way to worry about MBA admissions (roughly 5 yrs), but considering that I recently graduated from a non-target, I would like to make sure that I do the most to improve my chances for a top 25 MBA program. So...
    Recent College Graduate (Non-target) Hoping for Some Advice on MBAs
  • Just a silly trend because I’m bored in an airport. If you can chose anyone to be your mentor who would you choose? It can be someone you meet or not. For me it’s Anwar Zakkour vice chairman from JP Morgan, I’m really into tech and m&a so he is an easy choose for me. Meet him once...
    Mentors
  • With the great acceleration of WSO Certified Users has come an awesome collection of interviews, general Q&As and AMAs that we have compiled into 1 place. If you hover over the FAQ menu above and click "Best Interviews", you will find an awesome array of Q&As from some of WSOs...
    Best Q&As and Interviews on WSO
  • To those who used to (or are currently) working at JPM Private Banking: could you answer these questions? 1. Is it true that gaining the promotion from analyst to associate (by your third year) is extremely difficult? I've gotten mixed reviews on this - some say to those who choose to...
    The truth behind JPM Private Banking.
  • I have a few questions about my business files/filings and dealings that I need a VC specializing in digital media, digital distribution, (social media?), and/or related sectors to consult me on. Just message me here, identify your firm, speciality, (and yourself if possible) so I know...
    VC's - Consult Me
  • Data on post-MBA salaries are ubiquitous, but I can't find a good source of samples of post-MBA entry-level job titles. Having a wide sample of such titles may aid in career planning/ self-analysis. What are some example entry-level positions that a top-MBA can expect to...
    Post-MBA entry-level job titles
  • Well, I've been down on my luck lately, I got turned down for a Fund of Funds Analyst role and I'm waiting to see if I can get into Santa Clara University for an MSF. I figured doing something good will turn things around. And up to this point, I've been exceptionally greedy in...
    Giving Back-- Holy Grail for Contacts in HF Industry
  • What do you think the benefits of staying in banking after an analyst stint as opposed to trying to break into PE/HF...
    Pros and Cons of staying in banking?
  • Hi everyone, I am currently interning at a merchant bank this summer. For those not familiar with MBs, a merchant bank is an ibank-PE hybrid where the bank invests in the companies that it advises. However, there is no modeling or financial analysis work for interns. We have a formal...
    Spinning experience at merchant bank
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Upcoming Events

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    May 22 2013 - 12:00am - 3:00am
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I used to work with a guy that had everything on the surface, but absolutely nothing inside. The guy was 6 feet tall, good-looking, charismatic, multi-lingual, graduated from a top business school, and had made MD at a bulge bracket investment bank. Yet he couldn’t remember the last time he...
How to Develop a Personality
<em>Mod note (Andy): we vetted this user to confirm his identity/status and yes in fact he is who he says he is, and is eager to answer your questions :)</em> Bio: I decided to join WSO to help both students and young professionals advance in their Finance careers, whether that be...
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Ask me anything… I'm a Private Equity Analyst in Shanghai
Inspired by comments from this: http://www.wallstreetoasis.com/forums/basic-guide-ramping-up-on-a-company-with-public-information-part-1-of-3 Lets just jump in. <strong>Technology:</strong> In this space there are really two metrics that matter the most, sales growth and EPS...
Beginners Guide to Valuation and Metrics By Sector
You've just gotten that promotion and now you're in charge of a small team. Congratulations! And welcome to middle management. All the hard work and the knowledge you've developed about everything your firm does these past few years has been noticed. But, now you have a small...
7 Things I've Learned About Being A Manager
Assuming that you have access to no financial products such as FactSet, Bloomberg, CapitalIQ, Thomson or otherwise, thought it would be helpful to give a step by step guide on how to ramp up on a new company from your home computer. Using FaceBook as an example. Lets go ahead and start with the...
Basic Guide Ramping Up On A Company With Public Information (Part 1 of 3)
Fellow Primates, We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a...
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<em>“You know, In The Flesh,”</em> a WSO monkey told me at a recent Happy Hour, <em>“that gentleman’s book is the real deal. I ordered that shit on Amazon as soon as I read your review. It’s so right, man. I want to be like that: keep my word, honor my commitments, be...
Being A Gentleman, Revisited
<em>Mod Note: This is a syndication from Jared's Daily Dirtnap daily market newsletter. WSO readers qualify for a $100 discount...just email [email protected] and mention "WSO Monkey Discount" You can follow Jared on twitter at @dailydirtnap</em> There I go...
In Praise Of High Interest Rates
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