|
Post by CdnPhoto on Dec 13, 2023 4:31:47 GMT -8
Good morning all AAPL is currently at $195.07 +0.36 (+0.18%) RSI is 64.78 This Warren Buffett Favorite Soared Nearly 50% This Year. Is It Too Late to Buy?Um, No, it's not too late to buy AAPL. From yesterday's thread: GM making shit up to justify dropping CarPlay. 😑 www.macrumors.com/2023/12/12/gm-carplay-removal-safer-drivers/?utm_source=dlvr.it&utm_medium=mastodon "According to Tim Babbitt, GM's head of product for infotainment, GM has driver safety in mind. CarPlay and Android Auto can have issues like bad connections, slow response times, compatibility issues, and connectivity problems, leading drivers to be distracted from the road with smartphone troubleshooting.
Babbitt claims that drivers will be less likely to pick up their phones with a built-in system that does not rely on a service like ‌CarPlay‌, leading to improved safety on the road. GM does not have any data to prove that an infotainment system is less distracting than ‌CarPlay‌, nor has it done any testing."I wonder if GM plans a subscription for their Map updates, or are planning on selling the data they gather from the drivers. How much will this impact sales of GM vehicles?
|
|
|
Post by CdnPhoto on Dec 13, 2023 5:33:43 GMT -8
Reminder, the FED will make an announcement regarding interest rates at 2:00pm EST. If they hold, it will be the third consecutive hold of rates, suggesting that the increases have ended. Markets will react appropriately.
|
|
Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,103
|
Post by Dave on Dec 13, 2023 7:11:37 GMT -8
Good morning all AAPL is currently at $195.07 +0.36 (+0.18%) RSI is 64.78 I wonder if GM plans a subscription for their Map updates, or are planning on selling the data they gather from the drivers. How much will this impact sales of GM vehicles? I have no doubt that the collection of data is central on their minds. There is the tracking of where you go (shopping), how long it took you to get there (speed) (insurance rates) (traffic violations), music that you listen to and who you call while driving and what was said. Also because of the number of cameras, both inside and outside of the car, the information of those around you. The value of this data could be more profitable to the car manufacturer than the selling of the car itself. Yes, this is a big deal. This is from Hagerty Drivers Club magazine: Modern cars are always watching us. Should we be worried?
|
|
Ted
fire starter
Posts: 882
|
Post by Ted on Dec 13, 2023 7:57:53 GMT -8
If you look at the comments from that GM article I posted you get a sense of people's disgust with that decision. Most said they'd never buy a GM car because of excluding CarPlay. So it may be more lucrative to sell the info, but not if half of America with iPhones won't buy your car...
|
|
|
Post by CdnPhoto on Dec 13, 2023 8:14:49 GMT -8
If you look at the comments from that GM article I posted you get a sense of people's disgust with that decision. Most said they'd never buy a GM car because of excluding CarPlay. So it may be more lucrative to sell the info, but not if half of America with iPhones won't buy your car... How do consumers perceive in-car connectivity and digital services?really dumb move. Guess they'll need another government bailout soon.
|
|
Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,103
|
Post by Dave on Dec 13, 2023 8:37:47 GMT -8
I believe that at some point our digital life will become a constitutional issue. Somehow, clicking the accept button at the end of an End Users Agreement is not enough.
|
|
4aapl
Moderator
Posts: 3,634
|
Post by 4aapl on Dec 13, 2023 8:39:42 GMT -8
If you look at the comments from that GM article I posted you get a sense of people's disgust with that decision. Most said they'd never buy a GM car because of excluding CarPlay. So it may be more lucrative to sell the info, but not if half of America with iPhones won't buy your car... How do consumers perceive in-car connectivity and digital services?really dumb move. Guess they'll need another government bailout soon. I think GM's move is bad, but I can understand it. There's value there, and even if those numbers were correct and meaningful (ie more than just playing music) CarPlay (or Android's version) hasn't been fully adopted yet. Our 2 newer cars both support CarPlay, but only if plugged in with a cord. OTOH they support being a music source over bluetooth, which we use and which many people might think of as CarPlay. Right now before these things are fully adopted by users, there is still wiggle room. But that is closing quickly, especially as more vehicles move to wireless CarPlay, getting all of those features without the tiny yet huge step of having to plug in the smart phone. I don't think GM can do a good job alone at this, but I'm biased against GM doing a good job at anything. But if they had teamed up with some other auto manufacturers, directly or through an outside company, I bet they could have made something. And maybe even something good. But by themselves I just don't see it happening. And that's not even including the whole marketing fumble. Heated seats and more seat controls for the passenger are nice, but the main reason I was looking for the 302A package instead of the 301A on the '18 F150 was for Apple CarPlay. And that was even before using it. That's a huge win on marketing the upsell, giving higher profit just like Apple with the upsell. But a quick search gives GM's tagline of "General Motors: Pushing the Limits of Transportation & Technology", and they had the commercial a few years back saying that they were innovative because they put a hotspot in a car. I just don't think that their perceived strength carries over to the real world and what people think of them.
|
|
4aapl
Moderator
Posts: 3,634
|
Post by 4aapl on Dec 13, 2023 8:43:36 GMT -8
I believe that at some point our digital life will become a constitutional issue. Somehow, clicking the accept button at the end of an End Users Agreement is not enough. First might be issues with "self driving". It's one thing to have it set to follow the rules. It's another for the owner to tell it to be aggressive and break the rules, whether that is speeding or rolling through a stop sign. And that is all before adjusting speed due to conditions. Who's at fault if the self driving car didn't slow down enough for the conditions? Ahhh, snow and ice season.
|
|
JDSoCal
Member
Aspiring oligarch
Posts: 4,183
|
Post by JDSoCal on Dec 13, 2023 9:39:02 GMT -8
Good morning all AAPL is currently at $195.07 +0.36 (+0.18%) RSI is 64.78 I wonder if GM plans a subscription for their Map updates, or are planning on selling the data they gather from the drivers. How much will this impact sales of GM vehicles? I have no doubt that the collection of data is central on their minds. There is the tracking of where you go (shopping), how long it took you to get there (speed) (insurance rates) (traffic violations), music that you listen to and who you call while driving and what was said. Also because of the number of cameras, both inside and outside of the car, the information of those around you. The value of this data could be more profitable to the car manufacturer than the selling of the car itself. Yes, this is a big deal. This is from Hagerty Drivers Club magazine: Modern cars are always watching us. Should we be worried?It's amazing how Americans have been asleep while our privacy has been eroded. Congress is about to renew FISA no warrant searches, and nobody seems to care. They backed off the Venmo tracking, but how long can that last? Now they want to insert kill switches in all cars. Next it will be breathalyzers before you can start your car, like France has. Makes me want to buy classic cars like our old friend Gregg. Eric Snowden was recently saying that Apple gives notification data to the government. Hope that's not true. The GM move reminds me of how all the content companies want to launch their own streaming. How's that working out?
|
|
bud777
fire starter
Posts: 1,352
|
Post by bud777 on Dec 13, 2023 9:46:40 GMT -8
I have never owned or driven a car that had Carplay or even Bluetooth. I just get by using the AUX port and an audio-to-Bluetooth converter to link to my iPhone. My newest car is a 2011 Saab 9-5. My oldest is a 2002 Jag Model S. I sold the 1991 NSX to save it from Minnesota roads and drivers. There are advantages to being a Luddite. My cars are a private space and I do not have to worry about who is listening.
The importance of this was recently brought home to me when I was doing some work for a major oil pipeline company. I had been hired to solve a problem with their leak detection system. The system worked by using meters to measure the amount of oil going into a segment of the line and comparing it to the amount going out of the segment. As with any measurement, there was some noise in the data. This could lead to false alarms. Too many false alarms caused the controllers to eventually ignore or override the leak detection system. Much of my work was being done remotely so there were frequent emails discussing the problem. The meters measuring the oil flow were built into the pipeline, so it was not practical to replace the meters to analyze the noise. One path forward involved the addition of temporary meters that could be attached to the outside of the pipe. These are known in the industry as "strap-on" meters. I think you can see where this is going.
Not long after the emails discussing the strapon meters, I began to get advertising that was NSFW. Until that point, I had no idea that Google was reading my mail. Live and learn. I'm kinda glad I won't be around to see what the next 50 years bring.
Only the Proles are free IFKYK
|
|
mark
fire starter
Posts: 1,552
|
Post by mark on Dec 13, 2023 10:52:05 GMT -8
Good morning all AAPL is currently at $195.07 +0.36 (+0.18%) RSI is 64.78 I wonder if GM plans a subscription for their Map updates, or are planning on selling the data they gather from the drivers. How much will this impact sales of GM vehicles? I have no doubt that the collection of data is central on their minds. There is the tracking of where you go (shopping), how long it took you to get there (speed) (insurance rates) (traffic violations), music that you listen to and who you call while driving and what was said. Also because of the number of cameras, both inside and outside of the car, the information of those around you. The value of this data could be more profitable to the car manufacturer than the selling of the car itself. Yes, this is a big deal. Data in general is valuable. But we, and GM, have to be realistic here. First of all, a lot of the data will be available (to the mobile phone side) regardless of having carplay or not having carplay (or android auto). For example, "where you go", "speed", music (via BT instead of via carplay/AA), who you call, are all known to the phone, so GM has no monopoly on that data. Second, as far as cameras go, there are a number of reasons why it isn't as directly valuable as you would think. The most obvious reasons are that the video feeds will never be transmitted to servers due to bandwidth constraints/cost, and two, the user has to give permission to do so (that's how it works in Tesla, who has the most advanced data collection from cars to date). What will be done with the videos is to analyze them in vehicle and send salient information to the servers to improve various features (again, as Tesla has been doing for years). But carplay/AA or no carplay/AA has very little to do with this kind of data collection. GM would still control all the video data and carplay would have zero access to video data. The real reason is much more likely to be that they are installing Android Automotive (basically built-in Android, like Polestar has) into their cars and have swallowed the whole Google marketing spiel about it. What is likely to happen is that they spend 3, 4, or even 5 years trying to fully integrate it into their vehicles and will end up, at least initially, with a hodgepodge of weird results. Then there will be the inevitable deluge of software updates on a near constant basis that will tax GMs patience and margins.
|
|
|
Post by CdnPhoto on Dec 13, 2023 11:06:18 GMT -8
|
|
|
Post by duckpins on Dec 13, 2023 11:23:43 GMT -8
GM classic case of cutting off your nose to spite your face.
Like all the newspapers that kill their website with dozens of ads, the are driving customers away.
ON TO THE BIG 200!
|
|
|
Post by CdnPhoto on Dec 13, 2023 11:26:34 GMT -8
Um @artman, are you on standby?
|
|
|
Post by duckpins on Dec 13, 2023 11:33:49 GMT -8
Trading day high is 198.2? Last july? Once the Fed starts to cut we may be in a major Bull Market that coincides with Trump's (God forbid) 2nd term. (Not politics just a real possibility) This would mean tax cuts and more money for the market right? So very much on the edge of a major rally. On the other hand stability with Biden would keep Wall Street happy, so either or for the market looks good.
Folks are debating the new hardware, I see lots of industrial uses, gaming and God knows what else. Would not be a seller here!
|
|
crispin
Member
KBJ for the win. AAPL long and strong since 2000
Posts: 311
|
Post by crispin on Dec 13, 2023 13:58:32 GMT -8
Well a year ago we had a bit of a Santa slump, so I'd be quite happy with a rally this time. After starting the year close to $125 there'd be something very very festive about closing out at $200 or better. It appears the US economy is far more resilient and in much better condition than so many doom and gloomers had predicted, or perhaps hoped. It all bodes well for the next year.
|
|
|
Post by Luckychoices on Dec 13, 2023 13:59:29 GMT -8
It couldn't happen to a nicer stock. 😎 Apple Stock Closes at an All-Time High. It’s Added $1 Trillion in Market Value This Year.Apple shares hit at a record Wednesday, closing at $197.96, up 1.7% on the day.
The close puts Apple above its previous all-time closing high of $196.45 from July 31. Apple shares have now rallied 52% this year, giving the company a market value of $3.08 trillion.
Apple’s market cap has increased about $1 trillion this year, an impressive feat given that just five U.S. companies are valued at $1 trillion or higher. Microsoft shares have matched Apple’s $1 trillion gain this year.
Microsoft, Alphabet, Amazon and Nvidia are the only other publicly traded U.S. companies valued at more than $1 trillion.
|
|
4aapl
Moderator
Posts: 3,634
|
Post by 4aapl on Dec 13, 2023 16:22:35 GMT -8
Microsoft, Alphabet, Amazon and Nvidia are the only other publicly traded U.S. companies valued at more than $1 trillion. AMANA? No matter the name or acronym, it's nice to have AAPL leading the pack! FWIW, AAPL is up over 30 points from my small additional purchase at $167.03 about 6 weeks ago. Just a fun little supplement to keep things interesting. I put in an order to sell those, just after closing. We'll see how tomorrow does. (I also just washed 2 cars, getting a quick wax layer on but hoping for snow. Superstitions run high in certain circles.)
|
|
|
Post by CdnPhoto on Dec 13, 2023 17:19:12 GMT -8
|
|