chinacat
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AAPL Long since 2006
Posts: 4,425
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Post by chinacat on Oct 16, 2015 20:20:54 GMT -8
Last full week before the Earnings Report. Should be a regular FUDfest. Besides the last-minute goal post moving for the recently concluded quarter, I expect early pre-emptive strikes on the initial 6S/+ sales, accompanied by outlandish "expectations" for the Western Hemisphere holiday quarter.
You know the drill.
I need a drink. The bar is now open, what's your pleasure?
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Post by zzmac on Oct 16, 2015 20:48:13 GMT -8
Pepsi is launching a new phone in China called the P1. F*ck, never thought we'd start losing market share to a soda pop company! What's next a Coke TV or a Bayer Aspirin tablet?
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Post by BillH on Oct 16, 2015 21:23:08 GMT -8
Pepsi is launching a new phone in China called the P1. F*ck, never thought we'd start losing market share to a soda pop company! What's next a Coke TV or a Bayer Aspirin tablet? Optimist that I am I'd probably say that I never expected Scully's former employer to seed future customers for us.
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Post by mace on Oct 17, 2015 3:32:56 GMT -8
Patent not licensed after 5 years or deployed in commercial products should be made available to the public for free.
Best do away with patent protection. Patent is silly because it is for the protection of profits of individuals and/or corporate entities. Consumers and humans at large suffered.
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Post by rickag on Oct 17, 2015 5:40:23 GMT -8
Apple Ordered to Pay $234 Million in Patent Lawsuit -- 2nd Update 10/16/15, 9:14 PM A federal jury Friday ordered Apple Inc. to pay the University of Wisconsin $234 million for illegally using the university's technology in processors that power some iPhones and iPads, a setback for the company in one of several ongoing battles over the technology behind its smartphones. The jury in U.S. District Court in Madison, Wis., ruled Tuesday that some recent Apple devices infringed the university's 1998 patent on improving processor efficiency. Apple said Friday that it planned to appeal the ruling to the U.S. Court of Appeals for the Federal Circuit, which handles intellectual property cases, but declined further comment. An attorney in the case said an appeal would likely take 18 months or more. The university praised the decision in a statement and said that "it is a serious matter for us to undertake litigation to protect the UW's patented inventions." Apple had argued in court documents that its patents cover the technology in its processors and that the university's patents are invalid. After the jury ruled Apple had infringed the patent, the company argued that it should owe the university 7 cents per device that used the technology, or roughly $10 million, one attorney in the case said. The university argued Apple owed it $2.74 per device, or about $400 million, the attorney said. The case covered processors used in Apple's iPhone 5s, 6 and 6 Plus, as well as some iPads. The university sued Apple again in September for infringing the same patent in processors in the iPhone 6S and 6S Plus. That case is pending. The university has been aggressive in enforcing its 17-year-old patent, which was based on technology developed by several professors and their graduate students. The school sued Intel Corp. in 2008 for infringing on the patent. The parties settled a year later. "We believed our technology was ahead of its time," Gurindar Sohi, one of the University of Wisconsin professors that developed the technology behind the patent, said. "Almost two decades ago we tried to anticipate how computers would need to operate today. Our team invested the equivalent of more than 11 years of work to solve this problem." Write to Jack Nicas at jack.nicas@wsj.com (END) Dow Jones Newswires 10-16-15 2114ET Copyright (c) 2015 Dow Jones & Company, Inc. If the Univ. of Wisconsin prevails Apple should write the check out " Made Payable To The Tax Payers of the U.S. and State of Wisconsin".
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Post by Lstream on Oct 17, 2015 6:04:12 GMT -8
Patent not licensed after 5 years or deployed in commercial products should be made available to the public for free. Best do away with patent protection. Patent is silly because it is for the protection of profits of individuals and/or corporate entities. Consumers and humans at large suffered. So all the work, money, risk, and effort that goes into creating something new and innovative is done by what? Robots and inanimate objects? Corporate entities are run by lifeless droids? There are real people who risk everything they have to create, and when they create something new, the rest of the world is somehow entitled to just help themselves to what they created? Seriously? The patent system is broken, and my company has experienced first hand the legalized extortion game that patent trolls get to play. But even with that abuse, how does any thinking person believe that originality and innovation should be just given away to copycats and leeches who could then profit from the work of others? I guess that would be OK since the thieves are consumers and humans. Ya, that would be fair. SMH.
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Post by Red Shirted Ensign on Oct 17, 2015 12:46:52 GMT -8
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Post by firestorm on Oct 17, 2015 13:13:12 GMT -8
I am in New Mexico on a long vacation. Be forewarned: every time in recent years that I have gone on vacation, Apple has dropped precipitously.
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Post by Luckychoices on Oct 17, 2015 14:18:25 GMT -8
I've been in New Mexico on a long vacation since 07/20/15. I should have forewarned: every time in recent years that I have gone on vacation, Apple has dropped precipitously. Fixed it for you, firestorm.
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Post by artman1033 on Oct 17, 2015 18:31:48 GMT -8
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Post by nagrani on Oct 17, 2015 18:48:16 GMT -8
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Post by dreamRaj on Oct 17, 2015 23:03:03 GMT -8
The 10 days before the last ER were like a DREAM. AAPL shot up from 120 to 132. The FUD scenario is different this time around but I still expect to see a mini run-up to 115 by ER day.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Oct 18, 2015 3:17:51 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Oct 18, 2015 3:27:44 GMT -8
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coma
Member
Posts: 520
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Post by coma on Oct 18, 2015 4:13:03 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Oct 18, 2015 4:59:18 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,425
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Post by chinacat on Oct 18, 2015 9:33:21 GMT -8
Aaaarrrggghh!!!
From that Tech Crunch article:
"The European Central Bank Credit caps debit and credit card interchange fees — payments made by card issuers to card networks for facilitating electronic purchases — at roughly 0.5 percent. When you consider that Apple Pay charges 0.15 percent of each transaction, it’s clear why there are concerns among the traditional parties as to whether they will get their fill."
I can't believe this stupidity is getting repeated. One suspects that the author believes .15% to be three times .5%, rather than 3/10ths. I'll save you all the rest of my Old Guy's Rant about how the internet has destroyed the quality of writing (and often, arithmetic) by those who get paid to do it. But to me this is just a classic example of the tech press bending facts to fit their preconceived conclusions.
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coma
Member
Posts: 520
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Post by coma on Oct 18, 2015 9:55:44 GMT -8
to me this is just a classic example of the tech press bending facts to fit their preconceived conclusions agendas. FIFY . . .
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Post by hledgard on Oct 18, 2015 10:39:47 GMT -8
I think the problem with Apple Pay is the same as other versions of same. It is too simple just to use an ordinary credit card, and we are used to it. I have no desire to have to get out my phone, wait for it to power up (ouch), use it, press a button to power down, wait to swipe, and then put it away. No fun.
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Post by Luckychoices on Oct 18, 2015 11:26:32 GMT -8
I think the problem with Apple Pay is the same as other versions of same. It is too simple just to use an ordinary credit card, and we are used to it. I have no desire to have to get out my phone, wait for it to power up (ouch), use it, press a button to power down, wait to swipe, and then put it away. No fun. My wife and I love Apple Pay! And for those who also have an Apple Watch, nothing could be easier. After the card has been added to your watch by means of the Apple Watch app on your phone, just press the side button twice and hold your wrist up to the payment terminal. Wait for the tone and done. Even before we got our Apple Watches, we still liked Apple Pay very much. Perhaps it's because we never power down our iPhones during the day so we never had to wait for the power up part of the transaction you describe.
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Post by Luckychoices on Oct 18, 2015 13:47:13 GMT -8
From the link, the story included Best Buy as a company that's supporting the Apple Pay competitor, CurrentC. As we know, this has now changed and Best Buy is rolling out Apple Pay. I think this defection and others will further encourage large store to accept Apple Pay as it becomes more widely used. My wife frequently shops at Kohl's and after a good friend from out of town, who works at Kohl's, mentioned that they will be accepting Apple Pay before the holidays, I found a link from Apple listing Kohl's and other businesses planning to accept Apple Pay in the future. www.apple.com/pr/library/2015/06/08Apple-Pay-Giving-Shoppers-Even-More-Ways-to-Pay.htmlBig-Name Merchant Hold-Outs. There’s an interesting competitive dynamic emerging in the mobile payments space. While most of Apple Pay’s competitors are welcome, because they bring infrastructure that Apple Pay can leverage, CurrentC is a problematic exception. Why? Because it’s backed by the likes of Walmart, Best Buy, CVS and Lowe’s — retail titans that are exercising their power to throw a wrench into Apple Pay adoption for millions of iPhone users by not accepting it in their stores. Simply having to think about whether or not you can use your phone as payment at a given store keeps physical wallets in the game.
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mark
fire starter
Posts: 1,545
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Post by mark on Oct 18, 2015 14:09:15 GMT -8
I think the problem with Apple Pay is the same as other versions of same. It is too simple just to use an ordinary credit card, and we are used to it. I have no desire to have to get out my phone, wait for it to power up (ouch), use it, press a button to power down, wait to swipe, and then put it away. No fun. My wife and I love Apple Pay! And for those who also have an Apple Watch, nothing could be easier. After the card has been added to your watch by means of the Apple Watch app on your phone, just press the side button twice and hold your wrist up to the payment terminal. Wait for the tone and done. Even before we got our Apple Watches, we still liked Apple Pay very much. Perhaps it's because we never power down our iPhones during the day so we never had to wait for the power up part of the transaction you describe. Why would anyone power down their phone on a normal day? My phone is on all the time, 24/7 pretty much. I charge it overnight and then again in the afternoon at the office if necessary. On long trips in a vehicle, I also charge it.
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Since84
Moderator
To infinity and beyond!
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Post by Since84 on Oct 18, 2015 16:54:56 GMT -8
I think the problem with Apple Pay is the same as other versions of same. It is too simple just to use an ordinary credit card, and we are used to it. I have no desire to have to get out my phone, wait for it to power up (ouch), use it, press a button to power down, wait to swipe, and then put it away. No fun. In my experience, Pay is significantly faster than inserting a chip card into a reader. If this is the competition, Apple is going to mop up. As to the merchant hold outs, let's see how many last through the holiday season. FYI... many merchants freeze their systems sometime in early November.
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Post by mace on Oct 18, 2015 17:29:20 GMT -8
Patent not licensed after 5 years or deployed in commercial products should be made available to the public for free. Best do away with patent protection. Patent is silly because it is for the protection of profits of individuals and/or corporate entities. Consumers and humans at large suffered. So all the work, money, risk, and effort that goes into creating something new and innovative is done by what? Robots and inanimate objects? Corporate entities are run by lifeless droids? There are real people who risk everything they have to create, and when they create something new, the rest of the world is somehow entitled to just help themselves to what they created? Seriously? The patent system is broken, and my company has experienced first hand the legalized extortion game that patent trolls get to play. But even with that abuse, how does any thinking person believe that originality and innovation should be just given away to copycats and leeches who could then profit from the work of others? I guess that would be OK since the thieves are consumers and humans. Ya, that would be fair. SMH. That's your perspective. You have forgotten for every lucky patent holder who invested $x, there are a million (just a number) people who work on similar idea independently and spend on an aggregate basis much more dollars but didn't get to patent because it was patented, and now has to pay exorbitant patent fees. One lucky guy benefits, million of hardworking guys lost out plus billions of humans suffered. If people who just want to profit handsomely from their "patents"/ "originality" then don't do it, there are millions of people who are willing to do it. Just look at open source, and tons of how-to videos on the web, many people are willing to work for free for the benefits of mankind. I think many people are just too capitalistic, always thinking of how they should be compensated for their effort and don't even a moment how to help improve other humans life.
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Post by artman1033 on Oct 18, 2015 19:21:43 GMT -8
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Post by gtrplyr on Oct 18, 2015 19:41:09 GMT -8
My wife and I love Apple Pay! And for those who also have an Apple Watch, nothing could be easier. After the card has been added to your watch by means of the Apple Watch app on your phone, just press the side button twice and hold your wrist up to the payment terminal. Wait for the tone and done. Even before we got our Apple Watches, we still liked Apple Pay very much. Perhaps it's because we never power down our iPhones during the day so we never had to wait for the power up part of the transaction you describe. Why would anyone power down their phone on a normal day? My phone is on all the time, 24/7 pretty much. I charge it overnight and then again in the afternoon at the office if necessary. On long trips in a vehicle, I also charge it. +1 No one I know powers their phone down .. and most have it in their hands while checking out . I've been having a good asking various clerks at places about the new chip readers ... EVERYONE hates it. CC companies better come up with something better ... and quick. As far as I'm concerned, I'd love it if Apple started a payment service and took over the credit business as well ! They have the money, the tech and I'm sure they have thought of the idea but I understand they don't want to get too spread out. Apple pay is fantastic .. period. The only people who I have heard complain are ones who haven't even really tried it.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,181
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Post by JDSoCal on Oct 18, 2015 23:09:37 GMT -8
So all the work, money, risk, and effort that goes into creating something new and innovative is done by what? Robots and inanimate objects? Corporate entities are run by lifeless droids? There are real people who risk everything they have to create, and when they create something new, the rest of the world is somehow entitled to just help themselves to what they created? Seriously? The patent system is broken, and my company has experienced first hand the legalized extortion game that patent trolls get to play. But even with that abuse, how does any thinking person believe that originality and innovation should be just given away to copycats and leeches who could then profit from the work of others? I guess that would be OK since the thieves are consumers and humans. Ya, that would be fair. SMH. That's your perspective. You have forgotten for every lucky patent holder who invested $x, there are a million (just a number) people who work on similar idea independently and spend on an aggregate basis much more dollars but didn't get to patent because it was patented, and now has to pay exorbitant patent fees. One lucky guy benefits, million of hardworking guys lost out plus billions of humans suffered. If people who just want to profit handsomely from their "patents"/ "originality" then don't do it, there are millions of people who are willing to do it. Just look at open source, and tons of how-to videos on the web, many people are willing to work for free for the benefits of mankind. I think many people are just too capitalistic, always thinking of how they should be compensated for their effort and don't even a moment how to help improve other humans life. Yeah, that's great for those geeks who live rent free in their parents' basements, and who can code away in their pajamas all day and make insecure shit like Android, or impossible-to-use Linux crap. But some people have to actually go to work and earn a living so they can live in their own homes and make the world go round with creative capitalism and pay taxes for all that "free" stuff lefties want to give away to deadbeats. LOL, too capitalistic? Seems like lately many people want too much free shit at other people's expense! NO system has lifted more people out of poverty than capitalism. None!
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Post by mace on Oct 18, 2015 23:23:47 GMT -8
...LOL, too capitalistic? Seems like lately many people want too much free shit at other people's expense! NO system has lifted more people out of poverty than capitalism. None! Hey, lawyer. too = to a higher degree than is desirable, permissible, or possible. So can have some.
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Post by Lstream on Oct 19, 2015 5:27:31 GMT -8
That's your perspective. You have forgotten for every lucky patent holder who invested $x, there are a million (just a number) people who work on similar idea independently and spend on an aggregate basis much more dollars but didn't get to patent because it was patented, and now has to pay exorbitant patent fees. One lucky guy benefits, million of hardworking guys lost out plus billions of humans suffered. If people who just want to profit handsomely from their "patents"/ "originality" then don't do it, there are millions of people who are willing to do it. Just look at open source, and tons of how-to videos on the web, many people are willing to work for free for the benefits of mankind. I think many people are just too capitalistic, always thinking of how they should be compensated for their effort and don't even a moment how to help improve other humans life. Yeah, that's great for those geeks who live rent free in their parents' basements, and who can code away in their pajamas all day and make insecure shit like Android, or impossible-to-use Linux crap. But some people have to actually go to work and earn a living so they can live in their own homes and make the world go round with creative capitalism and pay taxes for all that "free" stuff lefties want to give away to deadbeats. LOL, too capitalistic? Seems like lately many people want too much free shit at other people's expense! NO system has lifted more people out of poverty than capitalism. None! Thank you. This "too capitalistic" theme gets my blood boiling. In my case, my capitalistic tendencies have created hundreds of man years of employment and many millions in taxes that would not have existed otherwise. I have the vast majority of my net worth tied up, and someday I might get a return. If I don't, there is no safety net and I take my lumps. I am on my own which is the way it should be. I don"t expect the rest of society to help me out. Society wins no matter what happens to me. But I also think it is outrageous to suggest that my business should be screwed over by not being allowed to patent our work, so that deadbeats and copycats can just take what we have. That attitude is the hallmark of an entitled society that thinks everything should be just handed to them, and that others should pay their way. People with that point of view should risk all they own, and then see what they think of their creations just being given away. It's real simple to advocate giving away someone else's work when you have nothing at risk. And quite another when you have busted your own ass. Mace - if you have lived that world in your life, then my apologies. If not, come back when you have and tell me that you still think that your creative output should be public property, when the consequence of that viewpoint could mean financial ruin for you.
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Post by Lstream on Oct 19, 2015 5:52:08 GMT -8
So all the work, money, risk, and effort that goes into creating something new and innovative is done by what? Robots and inanimate objects? Corporate entities are run by lifeless droids? There are real people who risk everything they have to create, and when they create something new, the rest of the world is somehow entitled to just help themselves to what they created? Seriously? The patent system is broken, and my company has experienced first hand the legalized extortion game that patent trolls get to play. But even with that abuse, how does any thinking person believe that originality and innovation should be just given away to copycats and leeches who could then profit from the work of others? I guess that would be OK since the thieves are consumers and humans. Ya, that would be fair. SMH. That's your perspective. You have forgotten for every lucky patent holder who invested $x, there are a million (just a number) people who work on similar idea independently and spend on an aggregate basis much more dollars but didn't get to patent because it was patented, and now has to pay exorbitant patent fees. One lucky guy benefits, million of hardworking guys lost out plus billions of humans suffered. If people who just want to profit handsomely from their "patents"/ "originality" then don't do it, there are millions of people who are willing to do it. Just look at open source, and tons of how-to videos on the web, many people are willing to work for free for the benefits of mankind. I think many people are just too capitalistic, always thinking of how they should be compensated for their effort and don't even a moment how to help improve other humans life. The scenario you paint here is a complete fabrication, that does not exist in the real world. To suggest that billions of people 'suffer' because something new and innovative is created, and that the creator is compensated for it, is nonsense. And if you think that success is due to 'luck' then try starting something from scratch and see how much luck has to do with it.
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