Since84
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To infinity and beyond!
Posts: 3,933
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Post by Since84 on Sept 21, 2016 2:26:05 GMT -8
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Post by rickag on Sept 21, 2016 3:39:43 GMT -8
Since84
I belly laughed @ the Macapope's last statement in the article,"The hubris of making displays that are so good that no other display can show their color depth, providing color and finish choices, and making their packaging more biodegradable. What a bunch of monsters."
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Post by Luckychoices on Sept 21, 2016 4:49:04 GMT -8
I must admit to feeling a little frustrated this morning. Last year, even though my wife and I have been AT&T customers for 30 years, we reserved a T-Mobile iPhone 6S, picked it up at a local Apple Store, had the sims from our iPhone 6 installed into our new iPhones and we were off and running. We did that because we were told that buying an unlocked T-Mobile iPhone 6S would allow us to change to any of the other major carriers if we became dissatisfied with AT&T. This year, it appeared that we should buy a Verizon iPhone in order to have greatest choice of carriers if we decided to leave AT&T. And even though, at 3 AM this morning, the iPhones we want were available in our local Apple Store, there was no way to buy a Verizon iPhone, or an iPhone from any other carrier, unless you're ALREADY a customer of that carrier. I just got off the phone with the Apple iPhone folks who confirmed that situation. This means that, as an AT&T customer, I have only one other carrier to select from if we decide to leave AT&T, whereas Verizon and Sprint customers have 4 options in total. Definitely a 1st World Problem but I'm not happy about it.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Sept 21, 2016 5:00:32 GMT -8
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Post by nagrani on Sept 21, 2016 5:49:10 GMT -8
Looks like a really bullish setup. Aggressively buying calls looking for a nice pop.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Sept 21, 2016 7:12:21 GMT -8
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Post by sponge on Sept 21, 2016 7:31:23 GMT -8
It would cost them $3-4 billion. They have about $700 million in revenue with about $25 million in profits. They want to build 4000 cars by end of next year. Sounds like a solid investment and better deal then Beats.
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Post by rob_london on Sept 21, 2016 8:00:52 GMT -8
In addition to vehicles, McLaren Applied Technologies have been researching and developing intelligent medical systems and wearable technology: "McLaren Applied Technologies (MAT) is developing wearable technology that not only collects personal data in real time, but uses complex analytics to predict future outcomes and make suggestions for lifestyle improvement". www.mclaren.com/appliedtechnologies/innovation/health_wellness
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Post by tuffett on Sept 21, 2016 8:02:39 GMT -8
I must admit to feeling a little frustrated this morning. Last year, even though my wife and I have been AT&T customers for 30 years, we reserved a T-Mobile iPhone 6S, picked it up at a local Apple Store, had the sims from our iPhone 6 installed into our new iPhones and we were off and running. We did that because we were told that buying an unlocked T-Mobile iPhone 6S would allow us to change to any of the other major carriers if we became dissatisfied with AT&T. This year, it appeared that we should buy a Verizon iPhone in order to have greatest choice of carriers if we decided to leave AT&T. And even though, at 3 AM this morning, the iPhones we want were available in our local Apple Store, there was no way to buy a Verizon iPhone, or an iPhone from any other carrier, unless you're ALREADY a customer of that carrier. I just got off the phone with the Apple iPhone folks who confirmed that situation. This means that, as an AT&T customer, I have only one other carrier to select from if we decide to leave AT&T, whereas Verizon and Sprint customers have 4 options in total. Definitely a 1st World Problem but I'm not happy about it. This is a very customer-unfriendly decision for Apple to make. We can only hope the pricing pressure Apple was able to apply by going this route resulted in a meaningful cost savings, both for this year and going forward.
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Post by Luckychoices on Sept 21, 2016 8:08:24 GMT -8
I must admit to feeling a little frustrated this morning. Last year, even though my wife and I have been AT&T customers for 30 years, we reserved a T-Mobile iPhone 6S, picked it up at a local Apple Store, had the sims from our iPhone 6 installed into our new iPhones and we were off and running. We did that because we were told that buying an unlocked T-Mobile iPhone 6S would allow us to change to any of the other major carriers if we became dissatisfied with AT&T. This year, it appeared that we should buy a Verizon iPhone in order to have greatest choice of carriers if we decided to leave AT&T. And even though, at 3 AM this morning, the iPhones we want were available in our local Apple Store, there was no way to buy a Verizon iPhone, or an iPhone from any other carrier, unless you're ALREADY a customer of that carrier. I just got off the phone with the Apple iPhone folks who confirmed that situation. This means that, as an AT&T customer, I have only one other carrier to select from if we decide to leave AT&T, whereas Verizon and Sprint customers have 4 options in total. Definitely a 1st World Problem but I'm not happy about it. "Unlike the iPhone 6s and 6s Plus, which worked on any network, GSM iPhone 7 and 7 Plus models designed for the AT&T and T-Mobile networks are not compatible with the CDMA networks of Verizon and Sprint. This is because Apple has used LTE chips from both Qualcomm and Intel in its devices. GSM devices with Intel chips are not equipped with CDMA functionality, whereas Qualcomm chips work on both GSM and CDMA networks." www.macrumors.com/roundup/iphone-7/Thanks, servo. I understood WHY an AT&T iPhone 7 wouldn't work on Sprint or Verizon. I just would have preferred that the Apple on-line reserve system, let me reserve a Verizon iPhone, pay full price upon pickup and then use it on AT&T until or unless I became frustrated with AT&T and switched carriers. This year, the system required me to only reserve an iPhone 7 with the carrier that I was presently using. I can understand why that's good for the carriers, but it's not the best option for Apple's iPhone customers, IMO.
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Post by tuffett on Sept 21, 2016 8:42:48 GMT -8
I don't know the technical limitations, but hopefully this has either spurred Intel to develop a modem that works on all devices, or it has spurred Qualcomm to cut their pricing for next year.
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Post by rob_london on Sept 21, 2016 8:56:43 GMT -8
The McLaren story may have more legitimacy than many Apple rumours because Matthew Garrahan of the Financial Times tweeted the news on the potential acquisition. He also had the scoop on the Apple Beats purchase in 2014.
Update: Now denied by McLaren:...the company "is not in discussion with Apple in respect of any potential investment." However the FT and NYT (who reported the news independently) are standing by their stories.
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Post by Apple II+ on Sept 21, 2016 9:21:45 GMT -8
I think you can buy a full-price, unlocked Verizon phone without a contract and without activating it at purchase. Then you can later activate it with an AT&T or other SIM.
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mark
fire starter
Posts: 1,552
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Post by mark on Sept 21, 2016 9:26:37 GMT -8
I don't know the technical limitations, but hopefully this has either spurred Intel to develop a modem that works on all devices, or it has spurred Qualcomm to cut their pricing for next year. Or maybe it will spur Verizon to discard their now quite old CDMA system that isn't used anywhere else in the world. Sprint would probably go under if they had to discard it, and if they are ever purchased by a different carrier, the new carrier will likely discard it.
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Since84
Moderator
To infinity and beyond!
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Post by Since84 on Sept 21, 2016 9:39:14 GMT -8
From the AppleInsider article: "A Samsung spokeswoman notes that the "vast majority" of Galaxy Note 7 consumers have opted for a refund, or a different Galaxy-branded phone."
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Post by Luckychoices on Sept 21, 2016 9:53:46 GMT -8
The McLaren story may have more legitimacy than many Apple rumours because Matthew Garrahan of the Financial Times tweeted the news on the potential acquisition. He also had the scoop on the Apple Beats purchase in 2014. Update: Now denied by McLaren:...the company "is not in discussion with Apple in respect of any potential investment." Just the RUMOR of this transaction was enough to get Tim Cook-hating, Jay Somaney (byline: I help investors and traders navigate the stock market) to generate the rumor-based, Tim Cook bashing article he loves to post. My reaction when I saw it listed on Yahoo was, " Another Frivolous Apple Article By Forbes Contributor Jay Somaney?" Another Frivolous Acquisition By Apple CEO Tim Cook? by Jay Somaney Are you kidding me? McLaren?
The rumor du jour via Ft.com is that Apple AAPL -0.72% is negotiating with McLaren to acquire the company or make a significant strategic investment in McLaren.
Seriously, Tim Cook? McLaren is the only car manufacturer you saw out there that you thought would make a good strategic fit? Don't know if the rumors are true or not, Tim, but how could you be so stupid?
This seems another one of Tim Cooks’ frivolous ideas if true. Yes, IF TRUE...Jay thinks it's a frivolous idea. Meanwhile, he has the makings of an article Forbes will publish.
A technocrat now in charge that is so enamored with the glamorous trappings the world has to offer that he cant see straight and is gleefully blowing up shareholder money while on the other hand selling his own stock as soon as the options and stock awards vest.
At least, Beats had some great hardware although that was Tim Cooks’ first step into Hollywood with shareholder money.
Then came the flirtation with Tidal. Yes, remember that RUMOR of a flirtation with Tidal? Probably another Forbes article by Jay Somaney. Thank heavens, that one didn’t pan out for whatever reason otherwise Jay Z & Company would have been laughing their way to the banks as well like Dr. Dre did .
Now, McLaren is the new fascination if rumors are to be believed. Yes, McLaren the giant in the racing world and in Formula One. Yes, the same company that reported about $600 million in revenues last year and a profit of about $25 million. And as for Jay, he'll believe any rumor that's out there in order to fashion a hit piece on Tim Cook.
The company, which encompasses McLaren Racing, McLaren Auto and McLaren Applied Tech is reportedly said to be worth between $1.3B and $1.95B.
Yes, McLaren probably has some of the best automotive engineers out there but it still does not make sense to me from a shareholder point of view. Probably has some of the best automotive engineers out there, but it doesn't make sense to Jay. OK, that's good enough for me. /s
Of course the only thing that would make sense is yet another example of a technocrat like Tim Cook trying to go hip with shareholder money.
Say, it isn’t so, Tim Cook?
PS: Instead buy Netflix with shareholder money and use your own money to buy 12 0r 17 Apple shares if your buying finger is itchy right now, please. Buy Netflix? There's an idea I haven't heard before.
(Long aapl, nflx, nflx & aapl options)
Follow me on twitter @jsomaney, find my other Forbes post & articles from other platforms at jaysomaney.com where you can get my real-time opinion on the stock markets live daily
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Sept 21, 2016 10:10:24 GMT -8
Gordan Murray, the designer of the McLaren F1, went on to design the t25 and t27 city cars. He then designed the manufacturing process to build them called iStream. In my mind, these would be the perfect autonomous cars. I don't know if Murray still has links to McLaren, but it is an intriguing connection. jalopnik.com/this-is-the-mclaren-f1-designers-version-for-a-better-1469563543Yamaha was looking into building the t25, but I don't think that went anywhere.
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Post by Luckychoices on Sept 21, 2016 10:26:48 GMT -8
I think you can buy a full-price, unlocked Verizon phone without a contract and without activating it at purchase. Then you can later activate it with an AT&T or other SIM. That may be true if you order it online and have it delivered to your home in a week or more. In our case, I wanted to take advantage of having 6 Apple Stores within 15 miles of us and reserve an iPhone 7 online to be picked up at an Apple Store the next day. Not possible.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Sept 21, 2016 12:30:04 GMT -8
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Post by Apple II+ on Sept 21, 2016 14:14:40 GMT -8
I think you can buy a full-price, unlocked Verizon phone without a contract and without activating it at purchase. Then you can later activate it with an AT&T or other SIM. That may be true if you order it online and have it delivered to your home in a week or more. In our case, I wanted to take advantage of having 6 Apple Stores within 15 miles of us and reserve an iPhone 7 online to be picked up at an Apple Store the next day. Not possible. Well, I don't think you can buy it from Apple online either. Maybe from Verizon?
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