chinacat
Moderator
AAPL Long since 2006
Posts: 4,433
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Post by chinacat on Jun 26, 2021 6:53:13 GMT -8
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bud777
fire starter
Posts: 1,354
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Post by bud777 on Jun 26, 2021 14:55:36 GMT -8
I know many here feel like Apple is treated unfairly by the press, and I am one of them, but I couldn't help but notice the headlines today that TESLA had recalled 300,000 vehicles. Reading further it turns out that they simply corrected a software bug over wifi. No cost and no one had to bring a car in. It would be like saying Apple had to do a massive replacement of their products every time a new version of MAC OS is released. I do not believe the media is this naive.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,148
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Post by Dave on Jun 27, 2021 2:45:10 GMT -8
Downtown Josh Brown: Don’t overthink Apple (video)I think that it is not the stock or the company that is troubling, but its environment. I see Wall Street that is worrisome. I think that most are looking for fairness, being rewarded for not only your past successes but the consistency of future successes. Dependability, which Apple has a long history of. But unfortunately, Wall Street knows little about fairness, but everything about making money. And AAPL has been dead money. Patience Grasshopper, patience.
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4aapl
Moderator
Posts: 3,679
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Post by 4aapl on Jun 27, 2021 6:50:50 GMT -8
I know many here feel like Apple is treated unfairly by the press, and I am one of them, but I couldn't help but notice the headlines today that TESLA had recalled 300,000 vehicles. Reading further it turns out that they simply corrected a software bug over wifi. No cost and no one had to bring a car in. It would be like saying Apple had to do a massive replacement of their products every time a new version of MAC OS is released. I do not believe the media is this naive. The 2 stories on Yahoo Finance look reasonable, pointing out that it's a software fix and the cars (made or imported into China) should be easily updatable without bringing them anywhere. It's a problem with cruise control/auto drive being too easy to turn on accidentally (and the related braking or acceleration). finance.yahoo.com/news/tesla-recall-nearly-300-000-154748327.htmlIt's still a bit of a pain. Tesla probably does it better since they have already been more about the auto-updates, but updating the system on my Ford truck took about 2 hours over decent wifi. It's a lot better than having to schedule a day long appointment to make a fix. But once someone relates it to a life and death situation, no matter the probability, it gets stepped up (airbag fragments, fuel pump or leak, possibility to move out of park, floor mat bunching under pedals, any electrical fire starting possibilities). It's less about how easy, or hard, the fix is to make. Rather, it's that they have found it very important to do, due to the risk level. FWIW, I felt the same way ~20 years ago on Toyota. They had some recall, maybe steering related, where no one had died and possibly even there had been no crashes. At the same time there were recalls be Ford or others, I believe for the Firestone tires failing and for a fuel pump not turning off. On the Firestone one I believe over 100 people had died, and they were recalling millions of vehicles. Both seemed to get similar press, even though it seemed one was done as a precaution, while the other was forced after many fatalities. Oh well. News is news. OTOH, sometimes it takes a push of some form to realize all of this doesn't matter much: www.theatlantic.com/health/archive/2021/06/car-accident-brain-injury/619227/?utm_source=pocket-newtab
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