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OT. How Apple (legally) Cook the Books

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Comments

  • @CrazySynthMan said:

    @u0421793 said:

    @CrazySynthMan said:
    … and I also happen to own a very small amount of AAPL …

    What does that acronym mean, or stand for?

    It's Apple's symbol on the stock market.

    When you buy or sell Apple stock, you would enter in that you are buying or selling 50 AAPL for example.

    I had no idea they were anything to do with that sort of thing as well.

    That’s getting me worried now – it doesn’t affect normal people, though, does it, just yuppies in suits in wine bars who “work in the city”, in ‘80s films?

  • edited May 2018

    @u0421793 said:

    I had no idea they were anything to do with that sort of thing as well.

    That’s getting me worried now – it doesn’t affect normal people, though, does it, just yuppies in suits in wine bars who “work in the city”, in ‘80s films?

    Apple is one of the giants of the stock market. Heavily traded, and it has a huge market cap.

    It's approaching the trillion dollar evaluation soon. It was revealed a few days ago that Warren Buffet purchased 75 million shares of AAPL in quarter 1, 2018. One share of AAPL currently costs $183.83.

    And almost everybody owns Apple, because even normal people who don't trade stocks, but have jobs, have 401ks etc., and Apple is included in most funds etc.

  • edited May 2018

    @CrazySynthMan said:

    @u0421793 said:

    I had no idea they were anything to do with that sort of thing as well.

    That’s getting me worried now – it doesn’t affect normal people, though, does it, just yuppies in suits in wine bars who “work in the city”, in ‘80s films?

    Apple is one of the giants of the stock market. Heavily traded, and it has a huge market cap.

    It's approaching the trillion dollar evaluation soon.

    And almost everybody owns Apple, because even normal people who don't trade stocks, but have jobs, have 401ks etc., and Apple is included in most funds etc.

    ?
    You’ve mostly lost me there. What on earth are 401 “ks” (and why four hundred and one of them)? Are we talking about the same thing (whatever that was?)

  • @u0421793 said:

    You’ve mostly lost me there. What on earth are 401 “ks” (and why four hundred and one of them)? Are we talking about the same thing (whatever that was?)

    I was talking about Apple (AAPL) and the stock market.

    A 401(k) is a retirement savings plan sponsored by an employer.

  • @CrazySynthMan said:

    @u0421793 said:

    You’ve mostly lost me there. What on earth are 401 “ks” (and why four hundred and one of them)? Are we talking about the same thing (whatever that was?)

    I was talking about Apple (AAPL) and the stock market.

    A 401(k) is a retirement savings plan sponsored by an employer.

    Never heard of it – I’m uncomfortably out of my depth here, and increasingly, nothing’s making sense.

  • edited May 2018

    @u0421793 said:

    Never heard of it – I’m uncomfortably out of my depth here, and increasingly, nothing’s making sense.

    A 401 (k) is a retirement plan that some people have, where they and their employer contributes a small amount of money periodically into the plan, typically every month I believe.

    Those retirement funds aren't just sitting in a bank account somewhere, collecting a tiny amount of interest.

    Those retirement funds are invested into the markets, both stocks and bonds and other areas and their value goes up and down day to day.

    Last week Apple made new all time highs in the stock market. This affected people who don't even realize or know that they own AAPL because it's often a part of the funds that make up their pension plans.

  • @u0421793 said:

    @CrazySynthMan said:

    @u0421793 said:

    You’ve mostly lost me there. What on earth are 401 “ks” (and why four hundred and one of them)? Are we talking about the same thing (whatever that was?)

    I was talking about Apple (AAPL) and the stock market.

    A 401(k) is a retirement savings plan sponsored by an employer.

    Never heard of it – I’m uncomfortably out of my depth here, and increasingly, nothing’s making sense.

    This must be a first for you perhaps you’re slipping :D

  • edited May 2018

    @CrazySynthMan said:
    Anybody who is surprised by Apple being the first to remove and abandon various jacks, inputs and components doesn't understand Apple at all, because they've been doing it throughout their entire history.

    Right now is the 20 year anniversary of the iMac. I actually bought one of those machines about 20 years ago. The blueberry iMac. Many people were surprised and shocked by the removal of the floppy drive.

    As for the iPhone X, I don't have one myself, I'm currently rocking an iPhone SE, which I'm very happy with, but the iPhone X is the best selling phone in the entire world, so they're obviously doing something right.

    Whining about the removal of the headphone jack is merely going to be a waste of time, because Apple is not going to listen to you. If somebody insists on having a headphone jack, then go buy something else, problem solved. Apple is not for you.

    If Apple had listened to all of the naysayers, doubters, and "experts" on the internet then they probably would have gone out of business a long time ago.

    There's a reason why Apple is the most profitable company, and I also happen to own a very small amount of AAPL, which I'm pretty happy about obviously. My last Apple purchase, an iPad Pro 10.5 was completely paid for using AAPL profits, so I basically got it for free.

    I'm not so sure about that. If they didn't listen to us, why did they give us the new powered USB camera connector? I think in that case they actually did listen, maybe also because there was a campaign going on on change.org. Not sure if there was one for the missing headphone jack courage drama but I would've signed that if I knew about it. I'm not wining but I still think it was a mistake to remove the jack. SE still has it, fortunately.

  • edited May 2018

    @Zen210507 said:

    @CrazySynthMan said:
    Whining about the removal of the headphone jack is merely going to be a waste of time, because Apple is not going to listen to you.

    >

    Apple can do whatever they like, and I have no doubt will sell by the truckload. All I’m saying is that I won’t buy any product that does not meet my requirements.

    Apple forgot once before that the customer is king, and only Jobs saved them, by genuinely innovating. Those who do not learn from history....

    They blew it before, and at the same time Adobe and Windows started to click.

    The final straw for me was when my new Mac was sold minus a keyboard. I checked with a few local sellers and found Windows keyboards went for a fiver. None were compatible, and the cheapest I could find (inferior in quality to the £5 Windows jobbies) was £80.

    That was the last Mac I bought for over 15 years until they became good again.

    People have short memories.

  • @MonzoPro said:
    People have short memories.

    >

    Yes, and as said in the video below, much of what happens is ‘bicycles for the mind’ designed and intended to distract and direct us. Originally along commercial paths, but now more insidiously, for the purpose of literally changing society into something more easily manipulated.

    https://youtu.be/PmEDAzqswh8

  • edited May 2018

    @Munibeast said:

    I'm not wining but I still think it was a mistake to remove the jack. SE still has it, fortunately.
    >

    Exactly. Just because Apple, or any other corporate, announces something and pompously insists it is progress, doesn’t mean they have to be right.

    Had the audio jack been replaced with something better, then that might have been a good thing. But in reality, all that happened was Apple took away functionality for the purpose of cheaper manufacture, and to sell us overpriced dongles which, when used, further reduced functionality by blocking the lightning port!

  • The user and all related content has been deleted.
  • @Dawdles said:
    ...and devs ported their software en masse, I think we'd see a spike in people bailing on apple portable devices... Dunno if/when that'll happen tho..

    >

    Very unlikely. In part, I think, because there are always so many slightly different versions of Android, it would be a nightmare for any dev porting his apps to keep up. Also, it’s a lot of work for no guaranteed incentive.

    I can only see it happening if people are forced to jump ship, by some Apple decision which makes IOS much less of a creative platform.

    But if it ever did happen, and the majority of IOS app developers made equally good products for Android, taking advantage of the superior connectivity, then ‘brand loyalty’ would count for nothing and many people would go with the flow that made creativity easier.

  • @Zen210507 said:

    @Dawdles said:
    ...and devs ported their software en masse, I think we'd see a spike in people bailing on apple portable devices... Dunno if/when that'll happen tho..

    >

    Very unlikely. In part, I think, because there are always so many slightly different versions of Android, it would be a nightmare for any dev porting his apps to keep up. Also, it’s a lot of work for no guaranteed incentive.

    I can only see it happening if people are forced to jump ship, by some Apple decision which makes IOS much less of a creative platform.

    But if it ever did happen, and the majority of IOS app developers made equally good products for Android, taking advantage of the superior connectivity, then ‘brand loyalty’ would count for nothing and many people would go with the flow that made creativity easier.

    That’s what happened in the late 90’s when Windows became a viable alternative for the design industry. Previously, if you wanted to design for print you were pretty much tied to a Mac as they ran the best software, and print shops used the hardware.

    That all changed for me when I found I could buy a much more powerful Windows machine, that did the same job, for a third of the price.

    If it wasn’t for the iPhone, Apple would be a much smaller contender now than it is, and the iPhone and iPad led me back to a Mac laptop due to the connectivity between them.

    If they start frustrating users with hardware decisions by putting form over function, alienate developers who move away to other platforms or just support those as well, then history could very easily repeat itself.

  • edited May 2018

    @MonzoPro said:
    If they start frustrating users with hardware decisions by putting form over function, alienate developers who move away to other platforms or just support those as well, then history could very easily repeat itself.

    >

    Agreed. Although, that would be such a missed opportunity, and mean LOADS of work transferring stuff over, etc. Such is my experience with the ways of Microsoft, I would much prefer for Apple to not alienate its user base. :)

    That said, I’ve been looking - and I stress looking - at laptops. The MacBook was ruled out straight away, due to the stupidly high expense, lack of ports, and ‘features’ I don’t need. Meanwhile, there are a couple of Windows laptops which truly are desktop replacements. Still quite pricey, but not when compared to the Mac. The Big fly in the ointment, of course, is always Windows 10.

    I would love to know if the models I’m looking at would support wiping 10 and installing 7 64-bit. Probably not, though, as manufacturers are in cahoots with MS, and MS is only interested in pushing the latest OS.

  • @Zen210507 said:

    @MonzoPro said:
    If they start frustrating users with hardware decisions by putting form over function, alienate developers who move away to other platforms or just support those as well, then history could very easily repeat itself.

    >

    Agreed. Although, that would be such a missed opportunity, and mean LOADS of work transferring stuff over, etc. Such is my experience with Microsoft, I would much prefer for Apple to not alienate its user base,. :)

    That said, I’ve been looking - and I stress looking - at laptops. The MacBook was ruled out straight away, due to the stupidly high expense, lack of ports and ‘features’ I don’t need. Meanwhile, there are a couple of Windows laptops which truly are desktop replacements. Still quite pricey, but not when compared to the Mac. :) The Big fly in the ointment, of course, is Windows 10. I would love to know if the models I’m looking at would support wiping 10 and installing 7 64-bit.

    Yeah, Windows 10 is the reason I’m considering an iMac to replace my 8 year old Windows 7 desktop.

    Price wise, my MacBook Pro turned out to be a good deal. I’ve had it 6 years, and in that time the Mrs has got through two crappy Dell’s.

  • @MonzoPro said:
    Price wise, my MacBook Pro turned out to be a good deal. I’ve had it 6 years, and in that time the Mrs has got through two crappy Dell’s.

    >

    Yeah, in days gone by, the MacBook was a good deal.

    FWIW, the Windows laptops that caught my eye are:

    MSI GS65
    HP Spectre (2018 model)
    Hauwei Matebook

    I dismissed the Surface laptops because of stupidly high pricing, for the same spec as devices costing hundreds less.

    A strategy MS employs just to keep its business partners sweet, and selling the OS. If they sold the upcoming Surface 5 at the same rate as the above machines, they’d likely wipe out rival sales.

  • @Zen210507 said:

    @MonzoPro said:
    Price wise, my MacBook Pro turned out to be a good deal. I’ve had it 6 years, and in that time the Mrs has got through two crappy Dell’s.

    >

    Yeah, in days gone by, the MacBook was a good deal.

    FWIW, the Windows laptops that caught my eye are:

    MSI GS65
    HP Spectre (2018 model)
    Hauwei Matebook

    I dismissed the Surface laptops because of stupidly high pricing, for the same spec as devices costing hundreds less.

    A strategy MS employs just to keep its business partners sweet, and selling the OS. If they sold the upcoming Surface 5 at the same rate as the above machines, they’d likely wipe out rival sales.

    Funnily enough when I priced up a similarity specced Dell laptop at the time, it was the same price as the MBP, but with crappier build quality. The final thing that swung it was being able to run Logic.

  • edited May 2018

    @MonzoPro said:
    The final thing that swung it was being able to run Logic.

    >

    Yes, I must admit that it is still a consideration. Apple clearly know what they’ve got, and won’t make a Windows version, ditto GarageBand.

    If and when I can ever afford to go down the laptop route, I could get a 2015 MacBook. Good for GB, Logic and the rumoured IOS App on Mac compatibility. But then I’d still be relying on Paralells to run my Windows stuff.

    BTW, my only attempt to do that on the Mac Mini wasn’t really fair. Having limited mobility at that time, I just used the imaging software (name escapes me) to port an entire, very busy Windows system. What I should try, I suppose, is doing that with a virtual machine containing only the Windows stuff I really use a lot.

    So, it might be possible to get the best of both worlds. :)

  • Well if Apple ever moves into the bio-hacking scene they could always use this as a promo for a potential product.

    iDye uDye.

  • @knewspeak said:
    Well if Apple ever moves into the bio-hacking scene they could always use this as a promo for a potential product.

    >

    Good old Garry..... most recently seen on YouTube kissing the collective US arse, as a permanent resident. Then slagging off the UK. Thanks, mate.

  • Government officials and general public should tread lightly when flogging Apple ........

    Don’t want to kill the golden goose.

    Minds of Apple will make products REGARDLESS of what happens.

    The fact that Apple products will be accessible and affordable to everyday people (expensive as they are) depends upon if they can truly operate in the public.

    If greedy politicians and jealousy people attack and attempt to take money that isn’t theirs to begin with may result in disastrous consequences for the rest of us.

    The torches can get lit and Apple paraded down to the town square but ultimately that will only hinder growth and progress for technology for all us.

    Do I hate Apple, yeah’

    Probably a little

    What do I think the issue is?

    Irresponsible politicians and government spending sprees along with corporate welfare and easily abused social safety nets.

    I think working people deserve more of their own money to buy things, have better lives, and help perpetuate economic activity.

    That’s just my opinion.

  • Large american companies pay next to no taxes, because they pay politicians to get things like tax cuts and other loopholes to pay less taxes. Thats where the real problem is, political corruption needs to be made illegal

  • edited May 2018

    @ToMess said:
    Large american companies pay next to no taxes, because they pay politicians to get things like tax cuts and other loopholes to pay less taxes. Thats where the real problem is, political corruption needs to be made illegal

    +1

    There’s no level playing field in business these days. Big corporates have an unfair advantage over small and medium sized companies, stifling competition and innovation.

    What would there be if there was no Apple? Probably several thousand smaller companies creating amazing new things for all kinds of markets.

  • Adam Smith, hailed by champions of free market capitalism the world over, don't really mention that he predicted that wealth would flow over time to the wealthiest in society, thus stifling the flow of capital, fortunately for him he had no solution to this problem, he knew he'd be dead.

  • @MonzoPro said:
    What would there be if there was no Apple? Probably several thousand smaller companies creating amazing new things for all kinds of markets.

    >

    Forced to accept the terms of E-Bay and Amazon plus the Google Play Store, in order to reach further than around the corner.

    If there was an international marketplace, with an infrastructure supported by world governments, where small companies and individuals could trade securely - paying tax or fees for the service - then the world of commerce might have something to dwarf the mightiest corporate.

  • edited May 2018

    BTW, rather than start a new topic, I thought I’d add here a corporate con I just fell foul of, no doubt covered by the small print.

    Readly, a magazine app sold on the App Store, offers thousands of titles each month for just under £8 no matter how many you download. Sounds great, eh? It’s true, too, there are no limits....

    ....except if you choose to let your sub lapse. Then, every single title you thought to be downloaded and specifically saved to your iPad, suddenly becomes inccessable. So stuff you have put aside for later reading cannot be read, and becomes useless, unless you keep on paying.

    If Readly were up front about being a rental company, who retrospectively decide for how long you can read your downloads, they’d be out of business. I will never pay these bastards another penny.

  • This thread was fun ......what happened? :D

  • The user and all related content has been deleted.
  • @Dawdles said:
    Have you checked out Scan?

    >

    Not yet, this time. But I have bought from them a few years ago. Got to get enough dosh together first. :)

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