Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Mar 31, 2023 1:43:58 GMT -8
Good morning it’s Friday and welcome to the last day of the month. We’re ending this trading week with a red pre-market at -0.18% at this moment. I like green better.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Mar 31, 2023 1:54:31 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,438
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Post by chinacat on Mar 31, 2023 9:39:33 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,438
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Post by chinacat on Mar 31, 2023 9:47:28 GMT -8
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4aapl
Moderator
Posts: 3,867
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Post by 4aapl on Mar 31, 2023 10:39:16 GMT -8
Seems like a good idea for GM, until you take into account the preference of the user, who just so happens to be the one purchasing the car. I've never really considered a GM/chevy/etc, since it just doesn't make much sense to pay as much for one of them, as you would for a much more reliable car. But this was put into my head at an early age, with Hondas and Acuras making it to around 200k with no major problems, while the Chrysler minivan needed some pretty major things before 100k. Walking thru the junk yard, most 4runners have 300-350k on them, whereas there was a wide selection of young cars for the likes of a Neon. I do wish Apple and car makers had more models that could do most/all features of CarPlay over wireless. Part of the incentive to step a level up on both the Sienna and F150 was to have Apple CarPlay, but we don't normally plug it in so it doesn't work with many things. One of the newer vehicles, maybe the Tundra, says it has wireless Apple CarPlay, but the wireless options is only if you step up enough levels. Sometimes auto makers seem to be out of touch with customers, though sometimes like with certain Apple products, my personal usage/wants/opinion don't necessarily match the masses. On the F-150, we really wanted the 6 seater, and ideally no leather seats. That actually made it more affordable, since you couldn't get most of the fancy models with 6 seats, nor without leather. And then on the new Tundra, Toyota basically duplicated the F-150 levels, except then completely got rid of the 6 seater choice, while matching the same stupid levels of only putting parking sensors on some, and blind spot sensors as an option until at a certain level. We'll see on CarPlay. Maybe most normal people don't care. Maybe even most people using CarPlay don't use it for much, just as a map/route/hazards thing. My main thing would be for Navigation, just to have the latest up to date version all the time while using the device that I already have and pay for, but at the same time I just don't really care much about Nav most of the time since I know where I am heading. But there is some combination there, say of music, hazards, weather, and important notifications, while having Nav easily available, that would make sense to me, even if others might want just a slightly different mix. Looking at that list, I can get all of it on my iPhone. So it's just about giving some preferences, grabbing all the details, text to voicing some of it, and putting it all together. Easy Peasy. GM/Google might manage to do that too. Hopefully Apple can do it better, and first. And with a backup plan of most just being Audio, so it mostly works on systems that you only connect Audio, both currently but also if GM and others switch paths.
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4aapl
Moderator
Posts: 3,867
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Post by 4aapl on Mar 31, 2023 10:55:52 GMT -8
Lending rates it part of it, but another is just the P/E, or other ratios. In general people are willing to pay more for smaller companies in hopes that they become bigger companies, but during downturns people prefer companies that make money, even if they are big companies. So most companies have multiple contraction when in a downturn, but the shrinkage is much greater on those small companies, say 50 down to 25 (50%) instead of 30 down to 20 (33%). In 2008 (or one of the downturns in AAPL), with Apple as one of the largest companies but I don't think the biggest yet, I looked to the likes of big oil like XOM, who got down to a P/E of 10 (and went down further to 9 or so). 10 seemed about right. And in the end that was about what AAPL got to. OTOH, AAPL had a P/E of 60+ back around 2005, when it was a much smaller company, and the market was recovering, and so on. 2005/2006 P/E on bigchartsHere's the last decade. Trailing 12 month P/E isn't everything to every company, but it at least gets things in the right ballpark for larger profitable companies. BigCharts AAPL P/E for the last decade
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Post by CdnPhoto on Mar 31, 2023 12:12:02 GMT -8
Well, that was a really nice close to the day!
Stock is up 27% YTD.
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mark
fire starter
Posts: 1,631
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Post by mark on Mar 31, 2023 12:19:12 GMT -8
Seems like a good idea for GM, until you take into account the preference of the user, who just so happens to be the one purchasing the car. It's much more than just user preference, though that's a big one. It's also that they will require a full-time team constantly fixing bugs ad releasing new software (OTA updates). Not only that, but "critical" software updates will always have preference for OTA updates over mere infotainment updates. So that means that infotainment bugs will remain longer for the user's "enjoyment". And since the infotainment is "in your face" 100% of the time, whereas TPMS bugs, ABS control bugs, engine efficiency bugs, etc are not so apparent to the user on a daily basis. And the kicker? They will be forever dependent on Google and their update cycle. And if Google eventually bails on something, well, either thay take ti over themselves (and require a whole other development team), or they phase it out somehow. So do I! One of the main bothersome things in my Tesla is that it doesn't support CarPlay. And one of the main bothersome things in most other cars I drive is that CarPlay isn't fully wireless.
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Post by CdnPhoto on Mar 31, 2023 12:41:09 GMT -8
It's much more than just user preference, though that's a big one. It's also that they will require a full-time team constantly fixing bugs ad releasing new software (OTA updates). Not only that, but "critical" software updates will always have preference for OTA updates over mere infotainment updates. So that means that infotainment bugs will remain longer for the user's "enjoyment". And since the infotainment is "in your face" 100% of the time, whereas TPMS bugs, ABS control bugs, engine efficiency bugs, etc are not so apparent to the user on a daily basis. And the kicker? They will be forever dependent on Google and their update cycle. And if Google eventually bails on something, well, either thay take ti over themselves (and require a whole other development team), or they phase it out somehow. Here's a thought. Google is an advertising company. Will their new dashboard be filled with paid ads? Will GM be getting a portion of the revenue of this?
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4aapl
Moderator
Posts: 3,867
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Post by 4aapl on Mar 31, 2023 13:02:10 GMT -8
One of the main bothersome things in my Tesla is that it doesn't support CarPlay. And one of the main bothersome things in most other cars I drive is that CarPlay isn't fully wireless. It is a first world problem. That said, it's something dumb on the F-150 that if using Nav on the iPhone, and not plugged in to the truck, it doesn't play the audio instructions which is all I care about. The iPhone apparently thinks it is sending the audio to the truck, and so doesn't play it off the iPhone speakers. And then the truck just doesn't play it. So I need to keep the iPhone completely disconnected, if wanting Nav off of it. Grrrr. Nav is something that really needs updates to it, but most cars don't have it or only have it for a few years. But it's also the whole UI and processors behind it. Jumping into an older car with Nav, it sure seems dated. But even 3-5 year old data changes, both streets and speed limits. I'm normally very attentive, but having the speed limit show up is kinda nice, even if the "sign reader" technology is much more accurate (but not with temporary hours like school zones, not with snow, etc), is a nice backup. I guess it just seems that phones are such a better solution, as long as they can be used in a way that isn't a distraction or dangerous. That means tying them in, with limited UI or with voice. And that means having better interaction between the device and vehicle. I think older Bluetooth had too much lag, so Apple or car makers didn't want to use it for CarPlay. But if the vehicle has a usable life in the 15-30 year range, and the entertainment system stays with it that long (my interpretation is that it mostly does these days, due to all of the steering wheel controls), then that's a very long time to have a non-ideal setup. After this announcement, I'd bet that Apple will have one or more on someone renewing with CarPlay, between now and WWDC. Some practical (Toyota), some more splashy (BMW, and maybe even Tesla). It's hard to know for sure, but while Apple and Automakers might not be ready for Apple to make a head unit and do it all (maybe Apple wants this), I don't think this is the timeframe that Apple or most Automakers want to move apart. Nice to see a 165 print, and a close nearly there. The 185 I'd like to see might still be 6-12 months out, but from this level ~175 is seeming a lot more possible in the shorter term.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Apr 3, 2023 5:22:01 GMT -8
My experience with wireless Apple CarPlay has been great, except for those times when it refuses to re-connect and you spend too much time trying to reconnect and you haven’t a clue as to why it ever dropped out. I’m talking about my wife’s 2019 BMW. She has Apple Music which has little value when her phone won’t connect. My guess is that the problem is with the phones side, maybe the endless updates that cause unanticipated problems. As a comparison, I have a 2004 BMW that I have just updated the head unit with an Android Car navigation radio. One of the coolest things is that you can add any apps that are available from the Play Store, such as YouTub, Pandora and Apple Music. This may be what GM is looking for, Google may become responsible for making sure that everything plays well together. I only wish that Apple would do something like this.
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