Microsoft CMO Says Rivalry With Apple Is a Thing of the Past
*By Alisha Haridasani*
The eternal rivalry between Microsoft and Apple may actually be over, said Microsoft’s chief marketing officer Chris Capossela.
“We’ve moved away from that competitive focus that I think we’ve had in the past,” said Capossela. “We need to bring our products on the platforms that our customers are using. So Office on the iPad or iPhone, Minecraft on every platform, that’s just a natural thing for us to do.”
In an interview Wednesday with Cheddar, Capossela said the traditional tech rivalries don't make much sense any more, and he cited the example of another competitor, Google, which uses Microsoft’s VS code developer tool. “The high tech industry is full of these paradoxes,” he said.
Steve Jobs, Apple's co-founder, and Microsoft's longtime leader Bill Gates had a love-hate relationship for years during which they sometimes helped each other while also trying to outdo the other. In 1994, Apple sued Microsoft for copyright infringement, putting the two companies at loggerheads. Three years later, Gates stepped in to help save Apple from the brink of bankruptcy.
Caposella said that Microsoft's current CEO, Satya Nadella, has presided over a cultural shift that reflects a more self-aware approach, focusing on what Microsoft does for "our own fans," not obsessively trying to best Apple or others by competing for the same users.
The company differentiates itself from competitors by marketing itself as the company for professionals.
“Millennials tell us that when they think of ‘adulting,’ they think of Microsoft and we love that,” said Capossela. The approach has helped Miscrosoft grow after years of stagnation, he said.
Microsoft was scheduled to release its earnings report on Thursday, and Wall Street was expecting continued revenue growth driven mostly by software, including Office 365 and Azure.
For full interview, [click here](https://cheddar.com/videos/marketing-microsoft).
Google announced it will be updating its privacy restrictions that will limit tracking throughout apps on android devices. The update is similar to Apple's previous update, which ended up causing companies like Meta to lose billions of dollars on the market. Cheddar News was joined by David Trainer, CEO of New Constructs, to discuss the implications of the new privacy updates.
Global semiconductor sales topped $500 billion dollars for the first time in history in 2021. Demand for microchips has been at an all-time high amid a global shortage, but questions still remain about the future of semiconductor production. Cheddar News was joined by Tristan Gerra, Senior Research Analyst at Baird, to answer some of these questions and more.
Compass Inc. reported its Q4 earnings on Wednesday, noting a 31 percent surge in quarterly revenue year over year. The real estate brokerage platform allows agents to promote and market their properties online and saw a 90 percent agent retention rate as well. Compass CEO Robert Reffkin joined Cheddar News to discuss the company's earnings, what ongoing inflation means for the housing market and how they help agents directly. "Let me start by saying my mom is actually a real estate agent, has been the majority of my life. She's a real estate agent today at Compass, and so I built Compass with her in mind," Reffkin said. The goal for an agent is to grow their business and have a better quality of life, more income to support their family, more time to be with their family, and it's not just software. It's a platform of software and services."
While many are excited to watch the final two NFL teams square-off and see which one ultimately takes home the trophy, some, on the other hand, are there for another mian attraction -- the commercials. Companies during this year's game are looking towards the future From electric vehicles, to robots, and crypto-currency, several first-time advertisers are expected to join long-time advertisers like Pepsi, Budweiser and Doritos during the NFL's biggest game. Tom Morton, Global Chief Strategy Officer at R/GA, joined Cheddar News' Big Game Special to discuss.
Nissan is revving up its commitment to electric vehicles. the Japanese automaker announcing plans to invest $500 million to transform its assembly plant in Mississippi to build two all-new EV models starting in 2025. It's all part of Nissan's goal to have 23 electrified models for the Nissan and Infiniti brands globally by 2030. Ashwani Gupta, Nissan's COO, joined Cheddar's Opening Bell to discuss this announcement and the company's EV goals moving forward.
Cepton made its debut on the Nasdaq under the ticker symbol ‘CPTN’ on Thursday. Jun Pei, the co-founder and CEO, joined Cheddar News to discuss going public and its lidar-based solutions for improving safety in autonomous features in cars. "It's really just a huge benefit in addition to radar and camera, and becomes an entire sensor suite that will bring cars to a higher level, both for safety and autonomy."
