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Post by aaplsauce on Nov 9, 2021 22:44:08 GMT -8
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chinacat
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AAPL Long since 2006
Posts: 4,438
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Post by chinacat on Nov 10, 2021 6:36:24 GMT -8
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Post by artman1033 on Nov 10, 2021 7:16:21 GMT -8
Stat of the Day: Consumer Finance Apple Pay is estimated to account for 5% of global credit card transactions and is on track to hit 10% by 2025, according to research firm Bernstein. Apple Pay wallets continue to use credit cards linked to users’ accounts, and Apple has launched its own credit card (Apple Card), which uses Goldman Sachs as the issuing bank with Mastercard as the payment network. – From CFRA’s “Consumer Finance” Industry Survey, published October 2021.
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4aapl
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Post by 4aapl on Nov 10, 2021 7:32:33 GMT -8
Like the comments there, the question is who really lost this money, and how. What was lost? Really, consumers privacy was being sold, they are now given a choice, and often they are choosing to keep some of their privacy, and thus Facebook and the like aren't selling ads for as much as they used to. The flip side of this is that Facebook could fairly easily recapture some of that. If they did some sort of revenue sharing with the end user, it wouldn't just be a A or B question with no positive gain for the user by giving up their privacy. Maybe it's a tiny monetary stream, 10 cents a day that would be shareable. But they could easily obscure that, instead having a weekly lottery system, where one "winner" gets $100, or whatever. Or go the donation route, like Amazon Smile, giving a little to a non-profit of choice (or more likely, no choice). There is some value to ads, and targeted ads, to someone. What level is it at? Just taking all of the money, and even expecting to by default make more by taking away privacy, is not playing level. Kinda like switching a show mid-season, and even in a "to be continued" cliffhanger episode, to a streaming platform that the same company owns. And instead of just continuing to have ads as over the air tv has had for all time, you're also paying a fee. The fee may be cheap, but just changing things mid-season isn't right nor the way to keep your customers. I bet many to even most people would give away their privacy for almost nothing, if there was a middle-ground choice. But making it an A/B choice, with no obvious benefit to the end user either way, makes it a simple choice that happens to be against the ones that are used to uncharging their ads by taking away the end-user privacy.
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Post by duckpins on Nov 10, 2021 11:39:36 GMT -8
In a ruling Tuesday evening, U.S. District Judge Yvonne Gonzalez Rogers denied Apple's (ticker: AAPL) request to push back the Dec. 9 deadline to implement the practice." This woman lived in Piedmont, uses a Mexican middle name, she is bucking for the Supreme court. So going after Apple makes the Obama class happy. This is a career move so I would not be surprised if Apple prevails eventually.
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chinacat
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AAPL Long since 2006
Posts: 4,438
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Post by chinacat on Nov 10, 2021 11:46:22 GMT -8
So going after Apple makes the Obama class happy. I voted for him twice and her decision doesn't make me happy. You should stick to technical topics.
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4aapl
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Posts: 3,867
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Post by 4aapl on Nov 10, 2021 13:12:56 GMT -8
I'm sure we can try to keep politics out of it, especially when it's such a stretch.
Back in AAPL land, today's stock price drop doesn't make me happy. It doesn't make me sad either, for the record, but a bit of green is always welcome.
There's always something that did worse out there. Wendy's?
Interesting that it was on pretty low volume. I would have expected a nearly $3 drop to make some volume happen, but since it was nearly across the board (TSLA was up, after being down for several days) that probably cuts into volume as most choose to continue to hold the line. Yahoo shows the Dow and Nasdaq at nearly normal volumes, but the S&P at only about 2/3rds.
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Post by archibaldtuttle on Nov 10, 2021 16:22:33 GMT -8
I'm sure we can try to keep politics out of it, especially when it's such a stretch. Back in AAPL land, today's stock price drop doesn't make me happy. It doesn't make me sad either, for the record, but a bit of green is always welcome. There's always something that did worse out there. Wendy's? Interesting that it was on pretty low volume. I would have expected a nearly $3 drop to make some volume happen, but since it was nearly across the board (TSLA was up, after being down for several days) that probably cuts into volume as most choose to continue to hold the line. Yahoo shows the Dow and Nasdaq at nearly normal volumes, but the S&P at only about 2/3rds. TSLA is up nearly 2x in the last 3 months, AAPL is flat. An investment in TSLA beat AAPL in every other longer timeframe too. I only recently picked up some TSLA shares, but I wish I had done so sooner.
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4aapl
Moderator
Posts: 3,867
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Post by 4aapl on Nov 10, 2021 19:15:42 GMT -8
I'm sure we can try to keep politics out of it, especially when it's such a stretch. Back in AAPL land, today's stock price drop doesn't make me happy. It doesn't make me sad either, for the record, but a bit of green is always welcome. There's always something that did worse out there. Wendy's? Interesting that it was on pretty low volume. I would have expected a nearly $3 drop to make some volume happen, but since it was nearly across the board (TSLA was up, after being down for several days) that probably cuts into volume as most choose to continue to hold the line. Yahoo shows the Dow and Nasdaq at nearly normal volumes, but the S&P at only about 2/3rds. TSLA is up nearly 2x in the last 3 months, AAPL is flat. An investment in TSLA beat AAPL in every other longer timeframe too. I only recently picked up some TSLA shares, but I wish I had done so sooner. There's many things that I wish for. Some are plausible, a simple change in a choice I made. Others, it would be a bit more. Still, sitting back and thinking a little, I'm happy with the choices I made, while realizing that I would be in a different place with many of the larger choices I retrospectively ponder about. Thanks Apple, and others in my life.
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Post by hledgard on Nov 10, 2021 19:16:55 GMT -8
I rode in a TSLA car a few years ago. I was impressed. It was certainly not at all completely self driving , but it was impressive. And a nice car itself by conventional standards of comfort and ambiance.
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