Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

This is another Nick with experience of the first clunky mobile phones; Nicholas Pearce in London in 1984 - he was MD of Cellular One and carrying "the first truly portable telephone". Press Association Images

Nick Leeson Here's why I won't be buying into the iPhone 5...

…and it has a lot to do with my bad memories of The Brick. My wife on the other hand…

WEDNESDAY, 12 September 2012 was a day that was greatly anticipated in many quarters. From the first day that rumours started about the launch of the new iPhone, technology and gadget geeks couldn’t resist speculating on how the new phone would look, what it could do and how much faster it could be.

Now, I freely admit that technology and I do not exactly go hand in hand but I really couldn’t see what all the fuss was about. After the launch, as I remained totally disinterested, tens of thousands of early buyers once again slammed servers and brought down online stores.

I put my lack of interest down to three things.

Firstly I’ve always found it easier to ask someone how to do something than actually try and work it out myself – I annoy each of my three children in equal measure with this particular form of torture.

Secondly, I was a guest of the Singaporean Government and their penal system between 1995 and 1999, a period when a lot of technological advances really kicked in – leaving me further from the cutting edge than ever before.

“There was very little ‘mobile’ about my first phone”

And finally, I still have memories of my first mobile phone; there was very little ‘mobile’ about it, it weighed a ton and it was a pain in the backside.

Unlike, the new, sleek iPhone5, there was no chance of it fitting in your pocket. It was a company phone, a Motorola I think – I don’t think it had a ‘name’. I was very busy losing £862m of Barings money but had managed to take some time off to visit friends and family in London. The senior management at Barings were worried that having me in London would mean limited money-making opportunities in Singapore, so they provided me with the most up-to-date, efficient phone on the market so that I could continue to trade and make money whilst back in England! As if.

It was a brick. It looked like a brick, it weighed at least as much as two bricks stuck together and had the portability of a brick. I spent a lot of time playing golf while I was on holiday; the brick was my constant companion. I can visualise arriving at the London Golf Club on a frosty December morning, ready to tee off and having to hire a buggy. I used to prefer to walk the golf course but there wasn’t any chance with this phone.

For those of a younger generation, it was twice the height of your hand, the battery made up at least 75 per cent of the phone and it must have weighed 2-3kgs at least. The buggy wasn’t for me, or for the golf clubs: it was for the phone! I have no doubt that a similar size battery can now provide electricity to a small village somewhere; the carbon footprint must have been immense

Not only was it cumbersome but it meant that I was always supposed to be contactable. Whereas what I really wanted to do was bury my head in the sand, this contraption meant that I was on constant call to the powers that be. At night I’d be in a deserted office in 8 Bishopsgate, the office opened specifically for me so that I could still continue to trade the Japanese markets. One screen among hundreds would be flickering into the early hours of the morning. Pitch black outside, a cleaner hoovering around the desks and my mobile phone and I sat at a desk.

“I only ever saw it as an invasion of my private hell”

I often thought that I should just pick it up and launch it through the window and let it fall the eight storeys, clattering to the ground. The cleaner thought it was fantastic and would look at it in amazement; I only ever saw it as an invasion of my private hell, one that I was trying to keep quiet.

The iPhone 5 sports a four-inch ‘retina’ screen that displays a sharper image. It can run on high-speed 4G LTE wireless networks and is 20 per cent lighter than the iPhone 4S. Most of that makes very little sense to me but I do understand the last part; that makes the new iPhone 5 99 per cent lighter than my brick, so it can’t all be bad.

My wife has an iPhone and she loves it. So what does this launch of the new iPhone 5 really mean to me? The answer is a certain amount of anxiety as I work out how to get my hands on one for her, a couple of hundred euro for the upgrade and the knowledge that there is definitely going to be a
6, S GT or Turbo model being unveiled in 12 months’ time.

Hats off to Apple though – as many as 33 million iPhones are expected to be sold this quarter, the share price rose nearly two per cent on Thursday in heavy trading and every broker has raised their targets for the share price.

Me, I’m going to go and see where I left that brick!

Read: This is what I wish for my daughter>

Read other columns by Nick Leeson>

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

View 26 comments
Close
26 Comments
    Install the app to use these features.
    Mute Keaneland
    Favourite Keaneland
    Report
    May 17th 2016, 2:51 PM

    Not too often you stick something into a bin and it comes out smelling of roses.

    163
    Install the app to use these features.
    Mute sparky
    Favourite sparky
    Report
    May 17th 2016, 2:47 PM

    Lucky for them..I tend to rip them up in Anger……

    91
    Install the app to use these features.
    Mute Deborah Behan
    Favourite Deborah Behan
    Report
    May 17th 2016, 3:07 PM

    So wait this is the third story I’ve heard in the last week about thrown away lotto tickets coming good by anonymous people. Hmmm……

    74
    Install the app to use these features.
    Mute Larry K
    Favourite Larry K
    Report
    May 17th 2016, 3:11 PM

    Enough with the thinking there Deborah, just buy a €10 quickpick and you’ll be grand

    39
    Install the app to use these features.
    Mute Meehawwl O'Buachailla
    Favourite Meehawwl O'Buachailla
    Report
    May 17th 2016, 4:50 PM

    Don’t forget to stick it in the bin too to ensure a win!

    33
    Install the app to use these features.
    Mute Damocles
    Favourite Damocles
    Report
    May 17th 2016, 3:14 PM

    I always use the machine. The clicking noise … The silence … The trying again … The clicking … The trying the other ticket … The clicking … The beep … The pause … Not a winner. Sigh. Back to the first ticket.

    46
    Install the app to use these features.
    Mute Dominic Hearns
    Favourite Dominic Hearns
    Report
    May 17th 2016, 3:09 PM

    Clever marketing perhaps !!!

    20
    Install the app to use these features.
    Mute george holmes
    Favourite george holmes
    Report
    May 17th 2016, 5:25 PM

    So they paid for a lotto plus ticket, checked the main draw, didn’t win so threw it in the bin and not bother looking at lotto plus draws, a hear now are they having a laugh, i no if i paid for a lotto plus ticket I’d be inclined to check the numbers.

    13
    Install the app to use these features.
    Mute The Girl
    Favourite The Girl
    Report
    May 17th 2016, 3:28 PM

    Sifting through my bin when I go home…You never know…

    11
    Install the app to use these features.
    Mute Patrick Ralf
    Favourite Patrick Ralf
    Report
    May 17th 2016, 5:07 PM

    Sitting in your bin locked on wine

    10
    Install the app to use these features.
    Mute Jimmy Murphy
    Favourite Jimmy Murphy
    Report
    May 17th 2016, 5:41 PM

    Seems irresponsible to me. It’s so easy to check tickets with apps & scanners these days, dumping a 6 figure prize is just stupidity in the extreme

    8
    Install the app to use these features.
    Mute Just Some Guy
    Favourite Just Some Guy
    Report
    May 17th 2016, 3:12 PM

    looking for their 15 minutes of fame as well.

    7
    Install the app to use these features.
    Mute Lurfic
    Favourite Lurfic
    Report
    May 17th 2016, 3:17 PM

    Their fifteen minutes of anonymous fame.

    50
    Install the app to use these features.
    Mute Mark
    Favourite Mark
    Report
    May 17th 2016, 3:38 PM

    You’d be surprised. Look at some commenters who fish for likes and are likely called “The Fish”.

    2
    See 1 more reply ▾
    Install the app to use these features.
    Mute Neal Ireland Hello
    Favourite Neal Ireland Hello
    Report
    May 17th 2016, 5:24 PM

    No, they’re looking for their quarter of a million euro.

    5
    Install the app to use these features.
    Mute Patrick Ralf
    Favourite Patrick Ralf
    Report
    May 17th 2016, 3:55 PM

    Bin lotto and mushrooms be good right now I’ll settle for binshrooms

    6
    Install the app to use these features.
    Mute Paul Somers
    Favourite Paul Somers
    Report
    May 17th 2016, 7:19 PM

    Right I’m going to do the lotto. Stick it in the bin, cover it in non recyclables. Wait till full and fish it out. Seems to be lucky these days

    5
    Install the app to use these features.
    Mute RandomAct Of Kindnes
    Favourite RandomAct Of Kindnes
    Report
    May 17th 2016, 4:06 PM

    Image from Shutterstock/PeJo? You could of easily taken a picture yourself of an Irish Lotto Ticket.

    4
    Install the app to use these features.
    Mute Ryan Hardy
    Favourite Ryan Hardy
    Report
    May 18th 2016, 11:49 AM

    The lotto app is great, you can scan your ticket and find out you’re still a peasant alot quicker

    3
    Install the app to use these features.
    Mute neuromancer
    Favourite neuromancer
    Report
    May 17th 2016, 10:36 PM

    Yay for 250k, but would still have to go to work in the morning.

    3
Submit a report
Please help us understand how this comment violates our community guidelines.
Thank you for the feedback
Your feedback has been sent to our team for review.
JournalTv
News in 60 seconds