107 posts • joined Wednesday 10th November 2010 10:47 GMT
Re: Using your cash to buy back your shares already sends a bad signal to the investors
Errr ... you do know that Apple has $145bn in cash in tax-heavens, don't you ? Therefore, taking a credit of $150bn to buy back it's own shares leaves Apple naked, without any disposable money anymore. There was an article here yesterday about what Apple should do for it's future, and some argued that there is nothing to worry for a company having $145bn in cash, but this is a sure way of blowing it all up at once, and leave absolutely nothing in return.
Apart for those "investors" who profited from the buyback.
That money in tax-heavens is not really available, if Apple now repatriated this money and paid taxes on it and paid dividend with part of the remaining, and invested the rest in new developments, that would be a bold move.
This iCahn looks to be for Apple what Elop was for Nokia.
Re: Now @zolko
@AC: right, the sentence is bad english : Samsung makes the Galaxy Note with a pen, and because of the lawsuit where Apple accuses Samsung to only copy and not innovate, Apple can't now make an iNote with a pen because that would invalidate the Samsung-are-copying-us argument (imagine how silly they would look in the court). Even though Apple did the Newton 15 years ago, and even though many people would buy it.
"Develop a plethora of barely indistinguishable products? That didn't help them either."
it did with the iPod: from the Nano to the Shuffle, the Touch, the Classic ... why wouldn't that work for tablets ? Especially as a 5 inch iNote with a pen would be very popular with business-men, and would go pack to the original Newton. Except that Samsung did it first, and they couldn't paint themselves as "innovators" with that.
Re: @ Wibble - iPads are expensive? @Lusty
"if I am somewhere that doesn't have wireless coverage"
"But seriously, how often do you actually visit the 80s?
in my building, there is no WiFi because some people are concerned about the electromagnetic waves. Also, for security reasons, we're encouraged by the admins to use wired ethernet. Those people with MacBook Airs need the extra USB<=>ETH dongle, that they regularly forget.
Re: Asymetric Speculation
"FTT assumes that *all* trading is speculative and therefore punishable."
no, quite the opposite: FTT says that long-term investments won't feel the pain of a 0.1% tax, as they are in the business for at least 10% or 20% return, but high-frequency short-term speculations which are in for every fraction of % will loose if their margin is less than that. An FTT wants to limit transactions with tiny margins, that's all.
Re: I have a related question
What are the costs and benefits of putting sand into the engine oil as a way of slowing a car down?
Actually, that's exactly the reason Mr Tobin has proposed this tax: to create friction, to slow down speculation, which has a tendency to overshoot in corrections (because of the sheep-like behaviour of speculators).
Such a tax has the same effect as oil in the dampers: to take away some energy from a system, to allow it to be closer to it's equilibrium at all times, instead of oscillating all the time : boom and bust.
So can you please answer now the following question: what are the cost and benefits of dampers in a car ?
Re: And so it begins
The Blerch: http://theoatmeal.com/comics/running
that's bloody freakin genius, thank-you
Re: This is the case for open source operating systems.
They *can't* put a back door in, because it would be quickly spotted by everyone who audits the kernel source
ah ... except for the binary drivers then, that run also in kernel space.
And who provide binary drivers ? Network card suppliers like Broadcom for example. Now, you have a system connected to a network, and the first-line device is a black box supplied by a company subjected to NSA authority !
Call me paranoid.
Re: Perspective, please
@ Kristian Walsh: "Tesco in that example would have every right to ask you to leave if you've been caught stealing from them on repeated occasions"
You confuse things: Pirate-Bay doesn't steal anything from Visa or MasterCard, they offer a service independent of them, but some people accuse PB's customers to use that service for stuff that is illegal in the US (but may-be legal in Sweden !). If anything, some of the customers steal from Hollywood, and some use it for perfectly reasonable and legal purposes.
In this Tesco example, it's as if Visa forbid payment to Tesco because they accused some of the customers to use some of the products purchased there for activities that they disapprove.
Re: Perspective, please
if I go in the local TESCO, it's private property, private company they have every right to refuse to me service
no. you have obviously no clue. If Tesco refused to serve you because you're black arguing that they're privat and can choose their customers, would you understand your error ? Said otherwise, if a company advertises a product or service, and they do deliver that product or service to some customers, they can't refuse you that same service without judicial justification.
In Europe, that is. Visa and MasterCard ar US companies, where the rule of law doesn't apply, the one with the bigger purse writes the rules. BTW, is there a European credit card company ?
@ Mike Dimmick
"The fact is, fixed currency standards don't work; they cannot scale to the level of growth in the economy"
and what if the economy doesn't grow ?
"Banks create money when they create loans, and they now create the vast majority of money (...) Fiat currency allows the supply of money to approximately match the aggregate demand of the economy"
Correct, except that you are missing here the interests : when a bank creates money by making a loan, the amount of money created is equal to the amount of principal of said loan, but the amount of money corresponding to the interests is not created. So how are you supposed to pay something that hasn't been created ?
Therefore, in such - our - monetary system, the amount of money must always grow, but when the economy cannot grow (because of the physical limits of resources for example), the system gets out of control. The interest should then become negative, but it cannot because then all investors take their money out of the banks and keep cash, and the fractional reserve banking collapses for lack of deposits.
This is the root of what we are witnessing today: a giant (150 years old !) Ponzi scheme unraveling.
I don't understand
What's the purpose of having 145 billion dollars if you can't use them ? What good is there having 145 billion ins a bank account if you have to borrow money whenever you need 17 billions ?
Re: KDE 4
you think I can use Linux on a Mac and not know the difference between KDE and Linux ?
"tabbed Finder windows"
"different working area, which Apple calls Spaces, or a full-screen app on a second display"
holy crap !!! my KDE 4.5 does this since 3 years ago. Admittedly, it runs on a MacBook Pro 13, but did they catch up with Linux only now ? What's next ?
- right-click to create a folder here ? (shit, no right click on iMouse)
- drag'n-drop asking if I want to move or copy or link ?
- clickable and editable file path ?
- a button for "open terminal here" in the finder ?
Re: Let's see how this plays out.
Iceland has also plenty of free and easy energy, and therefore plenty of industries necessitating tremendous amounts of energy, like turning alumina into aluminium. Or forgeries, and this sort of stuff.
@Steve Evans : "(FYI, Somalian pirates have a habit of throwing all the AK47s over the side and claiming to be fishermen when intercepted)"
funny how things go: what I've heard is that the Somali where fishermen, but since the BIG Chinese and Japanese and European fisherboat-factories are fishing in their waters, they don't get to eat, and use their waters to intercept some boats.
In other words, if you want to get rid of Somali pirates, clear their waters from GIANT fisherboat-factories.
probably negative yield. Like shale-gas, solar-cells, electric-cars, and many other newly invented energy "sources".
Invest in bicycles, that's the future.
Re: Why not run the exhaust through a large greenhouse?
actually, that's what biomass is: make carbo-hydrates through photosynthesis by turning CO2 + H2O into O2 and CHx, and then burn that CHx with O2 into CO2 + H2O. It's a closed circle, no need to invent fancy words (although, admittedly, Flüssigmetallblasensäulenreaktor is pretty cool).
Re: Fortunately I live <2km away from a 100MW hydroelectric power plant
there might be more to Russian money than that: what if the Russian money in Cypruss was actually that of oligarch opposed to Putin ? In that case, the Eurozone is helping Putin (by getting rid of his opponents) and thus assuring the future gas supplies.
It wouldn't help "democracy" but since when does the EU care about such annoyances ?
Re: Not according to Beddington.
What I've read is that a global warming would cause the Gulf-stream to weaken, thus causing locally in Atlantic-Europe a cooling. Therefore, the cool winter in Europe is not at odds with global warming.
actually, the Libre-Office Draw program is bay far far far away superior to anything M$-Office. It does actually basic 2D scale drawing, when the 3D CAD is too long to launch.
@ The BigYin : "why wasn't the feckin' thing nuclear?"
yes, exactly my question. If it is acceptable to consider the French Rafale as an option (which is probably one of the best carrier-grade aircrafts flying today), why not consider the French nuclear drive of the Charles-de-Gaulle as an option, that would make long missions possible, and would also give steam catapults for free ?
I mean, Waterloo, Trafalgar and Austerlitz are forgiven today, aren't they ?
The best keyboard available on Android: has arrows, and good looking.
What, you don't have UltraKeyboard on iOS ? Tough !
Re: Comparing Turing to Swartz? Complete FAIL!
@ Naughtyhorse : "I got about 2 sentences in before looking at the by line ... Matt Bryant"
yup. Interesting how predictable some writers are. It's the same with Tim Worstal or Lewis Page articles (although Lewis Page's are at least funny)
not to mention "abeeback" and "astalavistababy"
Re: Harbinger of Doom
in 2014, the USA will be even more broke than today, and even less capable of launching an attack on Iran.
in 2014, the petro-dollar empire will be history, and Iran will sell all it's oil for gold, to Turkey, India and China.
Re: What about the no-names?
Onda V712, Ainol Novo 7 Fire, are Chinese-made (but so are all the others) 7'' with 1280x800 IPS screen, 1Gb RAM, dual-core A9, HDMI-out ... for 125€ ... asked for one for Xmas, wondering if Santa-Klaus will have it for me.
"Is it wrong to penalize a person for the phone he/she is carrying?"
well, that depends *how* they carry it: since the recruiter knew right from the beginning that the guy had an iPhone, the bloke probably put his phone very ostensibly (and proudly) on the table looking like : "ha, there, see how cool I am !" ... and that's probably the *real* reason - looking like a fanboï - rather than the phone itself. Had he done the same with an SIII, the sentence would have been the same.
"if our theory of the universe relies on 73% of the universe being something we cannot observe or understand"
actually, no: in order to explain our observations with the theories we have, we need to introduce an arbitrary number that has the same dimension as "mass" (as in energy = mass, E=mc2) and represents 73% of the known mass (dark+normal). There can be many explanations to that, "dark energy" being only one of them. This more-or-less translates into: "we bloody don't understand what's going on, let's call it dark energy, it sounds much more professional than to justify this by some giant goat."
Another explanation is that the universe wasn't created at t=0, but was created already aged and we try to explain something that never was (anyone having programmed the game of life knows what I mean)
Another explanation is that speed of light has changed during the times, therefore the expansion of the universe is not accelerating at all.
"it's perhaps not a very good theory"
well, it works pretty well close to us, it only fails when looking far away. May-be the theory is good, but our observations are poor.
This race is rigged: the guy in the inner track has an awful lot of advantage.
stone house throw
Am I correct ?
"I'm unable to avoid the adverts everywhere"
There is a Firefox plug-in for that: ghostery. You'll be surprised by the number of trackers on all sites (2 on el Reg). And Big-Brother won't be watching you anymore.
My kid just got a Samsung Galaxy Y: 3'' QVGA screen, Android 2.3. Of course, it's too small for big hands, but for occasional SMS-ing, music and photos, and call the Mum when he gets home, it's the obvious choice.
Why the heck didn't Apple do with the iPhone what they did with the iPod: do a mini-iPhone (3''), an iPhone (4'') and an iNewton (5'' with stylus).
Re: Apple TV
yeah, makes more sense. Because aluminium ALSO conducts heat very well, and carbon doesn't, so it would be a very bad material for a laptop casing (my MacBook Pro 13'' (*) gets quite warm)
(*) running Linux, no worry.
Not sure if it has been written here by others, but if this study only limits to the consumer's health, it forgets about it's descendants. I've read (somewhere) that fertility has decreased very strongly in the past 50 years, especially male fertility, that the spermatozoa are fewer and weaker now, and that this could be caused by pesticides. Which, come to think of it, is very plausible since life extermination is the very objective of those pesticides.
Which, if true, means that people eating organic food will reproduce more than those eating industrial food. Darwinian selection.
Which, in turn, makes me think I shouldn't write this and let the idiots eat their crap; we're already too many on this planet.
Actually, I do care
because batteries loose 50% of their capacity after 2-3 years, you'll want to replace it. And you don't want to leave it for 2 weeks in a repair service, but you want to have it done in 10 minutes.
Intel based Macs can usually run a linux
Yup: Mepis 11.0 on my MacBook Pro 13 from 2010 (or 2009, don't remember). 8gb RAM, replaced the HDD with SSD (not Apple, but Linux doesn't care), and it flies like a charm. Could use a new battery though.
Re: Disappointing, but maybe that's good?
"The screen could have been higher res"
Re: Too much ?
My Dell Streak (a 5 incher) died also, kids complaining. I've though about a Samsung Player 5, but this one might actually take the business. I wonder though if I'll have to do all those Angry-Birds levels again, or if the Google account will have remembered it...
Great idea to drop the rear camera.
A military telescope is meant to look down at Earth, so it's focus is at some 100 km, varying according to the orbit but also the angle of observation, so it *needs* to be adjustable. An astronomical telescope is meant to look at stars, at infinity focus and fixed. The difference is non-zero, but adjusting the focus is by no means useful for an astronomical telescope.
Now, this being said ... why not take all this to the ISS and refurbish all the gear ? Wouldn't *that* be the primary raison-d'être of any space station ?
and did you try ghostery ? It makes these following ads non-following, removes all unwanted traces, to combat this:
"Say you've visited an airline company to book a trip to San Francisco and then you don't book it because you're just thinking about it. But then as you go to other websites like the BBC or USA Today the ads for that airline company follow you around from site to site, it's like a puppy dog following you home," Kim explained.
I'm amazed how much tracking stuff is on all web pages (only 1 her: "DoubleClick")
So, when are they going to fire Elop ?
Oh, and how much is he going to pocket for having destroyed Nokia ?
Re: I'm Impressed
Actually, I'm thinking the other way round, in a Darwinian way: they got the weakest, now the stronger remaining ones will be even more creative and secretive. Probably in territories outside the Empire.
Re: Am I the only one here that thinks this is not good?
"The problem is that if you break the law, you will eventually get caught and prosecuted."
... unless you're a banker, of course, you forgot to mention (where is the "money" icon ?)
Re: Very surprising.
unless it's all fake, made-up by the FBI, *pretending* to have arrested LulzSec to save face (like ... let's see ... who comes to mind ... darn, I forgot ! It was in may last year though).
printing a confidential document on an untrusted printer is/should not be an OS's decision to make. And I hardly think that's what Linus' daughter was about to be doing.
- Xmas Round-up Ten top tech toys to interface with a techie’s Christmas stocking
- Google embiggens its fat vid pipe Chromecast with TEN new supported apps
- Microsoft: Don't listen to 4chan ... especially the bit about bricking Xbox Ones
- Shivering boffins nail Earth's coldest spot
- Exploits no more! Firefox 26 blocks all Java plugins by default