Week Ending October 31, 2014 $108.00 (+$2.78)

[chinacat]

Happy Halloween, everyone!

No fear for our favorite fruit company, however. After a sh*tstorm of FUD since earnings, it does seem like the critics are running out of nays to say. Looking forward to lots of AAPL candy between now and Christmas.

The bar is open. Let's celebrate!

[Mav]

108 sounds pretty great

Hey that rhymed

[marcellus]

Next Monday 109 will sound especially fine....

[JDSoCal]

110, and we can talk cars again.

[infohunter]

120 and we talk about retirement! ?

[nagrani]

Yep. Good time for apple to cool down a bit.

[Mav]

Oct 31, 2014 20:40:43 GMT -5 infohunter said:

120 and we talk about retirement! ?

And there endeth the rhyme

[artman1033]

A Circuit Court judge in Virginia has ruled that fingerprints are not protected by the Fifth Amendment, a decision that has clear privacy implications for fingerprint-protected devices like newer iPhones and iPads.

According to Judge Steven C. Fucci, while a criminal defendant can't be compelled to hand over a passcode to police officers for the purpose of unlocking a cellular device, law enforcement officials can compel a defendant to give up a fingerprint.

The Fifth Amendment states that "no person shall be compelled in any criminal case to be a witness against himself," which protects memorized information like passwords and passcodes, but it does not extend to fingerprints in the eyes of the law, as speculated by Wired last year.
Judge Steven C. Frucci ruled this week that giving police a fingerprint is akin to providing a DNA or handwriting sample or an actual key, which the law permits. A pass code, though, requires the defendant to divulge knowledge, which the law protects against, according to Frucci's written opinion.



www.macrumors.com/2014/10/31/fingerprints-not-protected-by-fifth-amendment/

If I were a lawyer, I would tell my client to use the wrong thumb 4 times in a row.

[michelc]

Better then that. I live up in Canada. So in winter i wear glove, not useful with touchId, so I have register my lower lips to unlock my phone. Work 3 out of 4 times. So no need to register your finger. ?

[marcellus]

Pete Najarian says Apple is going to $120 per share. Guy Adami, CNBC's resident clown, looks clownish, again.

Not incidentally, the iMac 5K is tremendous!

www.cnbc.com/id/102142630

[Red Shirted Ensign]

Kara swisher does a nice profile of Tim Cook
recode.net/2014/10/31/come-out-come-out-the-tim-cook-moment-is-here/

[Red Shirted Ensign]

Oct 31, 2014 23:53:40 GMT -5 marcellus said:

Pete Najarian says Apple is going to $120 per share. Guy Adami, CNBC's resident clown, looks clownish, again.

Not incidentally, the iMac 5K is tremendous!

www.cnbc.com/id/102142630

Mercel,

I wonder if you would mind taking a few minutes next week when the new iMac is fully throttled up and give us a review of it both as a professional device and a fun machine. I know you have owned lots of Apple computers and it would be interesting to follow your observations as you compare this new beauty to earlier machines.

[Red Shirted Ensign]

Horace discusses how to properly think about the apple watch opportunity...

www.asymco.com/2014/10/31/measuring-the-apple-watch-opportunity/


The market for Apple Watch is not the Swiss (or Chinese) watch market. The market for Apple Watch is the number of wrists in the world. To the extent that those wrists will be covered with Apple hardware will determine whether it is successful or not.

Measuring the existing market is a mistake because the existing products are hired for different jobs. Those measurements will yield only an answer to how big that job is.

Assessing competitiveness vs. incumbents is a mistake because incumbents have perfected solving the problems of wrist-worn timekeeping devices over a century. Apple’s watch is not a wrist-worn timekeeping device any more than the iPhone is a phone or the iPad is a pad.

Segmenting the market by whatever means are convenient today is irrelevant because the segments are currently positioned on the current jobs to be done. It’s no more relevant than classifying the iPhone along the segments defined for phones in 2007.[1]

And if you missed it, Jony Ive on designing the apple watch


www.marketwatch.com/story/apples-jony-ive-designing-the-watch-was-humbling-2014-10-31?siteid=yhoof2

[Luckychoices]

Thanks for posting the links, Red.

[Red Shirted Ensign]

The idea that we strangle our thinking by limiting a device to being what we have known as a "watch" has to be put aside. what does the word "watch" mean anyway? It doesn't mean timepiece; it means " to look at". To look at what? Something that meets a need or desire.....a phone that is also an "internet communicator".

[Mav]

I'm locked in by catchphrases too, but intangibles don't lend themselves well to "jobs to be done" analysis.

What is the job to be done of a birthday party? What is a BMW, or a movie, or jewelry, or a nice hotel, "hired to do"?

You can answer the question, but with a lot of intangible terms. Ineffable characteristics are just that.

For the Apple Watch, "it's the whole thing". Try making a cute "job to be done" answer out of its "mile-long" feature list. Apple has market territory to stake out and a clearly defined space, but judging its success takes the special "Apple Scale" which so many (including me) have a tough time defining. Not terribly unlike how some people cannot understand how a peddler of mainly $650 and up smartphones can POSSIBLY do this well. Surprising, delighting, making products that enrich, that the creators want to use themselves. Integrated experiences. That equals $200B a year?

Of course, yes.

[JDSoCal]

Oct 31, 2014 22:55:58 GMT -5 artman1033 said:

A Circuit Court judge in Virginia has ruled that fingerprints are not protected by the Fifth Amendment, a decision that has clear privacy implications for fingerprint-protected devices like newer iPhones and iPads.

Actually, no, a single state court judge's dumb opinion has zero implications outside of that state.

[Mav]

But but Apple

Therefore extrapolate and sensationalize to whatever ridiculous degree desired

All you other smartphone owners without Touch ID can rest easy at night (even now only Samsung is really even trying to put together a credible fingerprint solution)

[JDSoCal]

Nov 1, 2014 10:44:20 GMT -5 Red Shirted Ensign said:

Horace discusses how to properly think about the apple watch opportunity...

www.asymco.com/2014/10/31/measuring-the-apple-watch-opportunity/

The market for Apple Watch is not the Swiss (or Chinese) watch market. The market for Apple Watch is the number of wrists in the world. To the extent that those wrists will be covered with Apple hardware will determine whether it is successful or not.

Yep, those currently without watches on their wrists are likely more important than those that do have them. Although the latter category, especially the Rolex types, can and do afford more than one watch, and will be important for adoption of the gold version.

But yeah, not a timepiece.

Speaking of which, a pretty dumb article on Forbes about Watch that reads like a Rolex press release. The author makes it sound like only heads of state wear Rolexes. I posited this question earlier: How many watches does Rolex make a day? 20? 200? 2000?

The answer is 2000. And they are but one brand.

And if you missed it, Jony Ive on designing the apple watch

www.marketwatch.com/story/apples-jony-ive-designing-the-watch-was-humbling-2014-10-31?siteid=yhoof2

What really strikes me about Watch is its endless customization options. No two will look alike, a radical departure from the Jobsian doctrine of I know what's best for you, so no, you shall not personalize my beautiful, already perfect Apple devices.

In designing the Apple Watch, Ive focused not only on fashion, but also customization. Wearable devices are deeply personal, and both the hardware and software of the Apple Watch will feature levels of personalization not usually seen in Apple products, including different sizes, collections, straps and even watch faces. link.

By coming out of the pocket onto the wrist, options must change:

“As soon as something is worn, we have expectations of choice,” said Ive. Only “in prison,” he joked, do people all wear the same thing. link.

[marcellus]

Nov 1, 2014 10:22:39 GMT -5 Red Shirted Ensign said:

Oct 31, 2014 23:53:40 GMT -5 marcellus said:

Pete Najarian says Apple is going to $120 per share. Guy Adami, CNBC's resident clown, looks clownish, again.

Not incidentally, the iMac 5K is tremendous!

www.cnbc.com/id/102142630

Mercel,

I wonder if you would mind taking a few minutes next week when the new iMac is fully throttled up and give us a review of it both as a professional device and a fun machine. I know you have owned lots of Apple computers and it would be interesting to follow your observations as you compare this new beauty to earlier machines.

Sure, Red, if you're willing to part with a Shatner autograph....

This is going to replace my mac mini server (2013), so I'm going to run it for a few days before I migrate machines. I currently have a 30" Cinema Display that has a "personality," prompting this upgrade. I have a iMac (2011?) at home that runs flawlessly and see no reason to change that out. For business, it's intriguing to have 10 separate full page views of Excel on a 27" 5k screen. By comparison, my 30" will do 4 full pages and 4 one-half pages.

As I'll be migrating a Parallels/Windows 7 disk image over, I'll have to endure Microsoft's excruciating license transfer b.s (along with Office). Migration Assistant should do the rest with a minimum of fuss.

The machine should scream, built with the bigger chips (including graphics), 16GB RAM and a 500GB SSD. As it was, my mac mini impressed tech support whenever they shared a screen going through a reboot. These guys typically observe PCs in action, so when I tell them it's a mac mini on Parallels, they're impressed; The iMac 5k is the Ferrari of computers...