In theory the stock buyback would do nothing to the value of shares. The remaining shares would own a bigger part of the company, but this company is ten billion dollars less valuable.
yah, um, well sorta... You are distributing some of your cash pile, but it's cash you aren't using. Buying back shares, means you are reducing the float, which means earnings per share goes up, which makes the P/E multiple go down (and Apple's PE multiple is fairly modest to start)..
These are all good things. The dividend isn't much, but it does help to draw in dividend-ased mutual fund managers who, by their fund's charter, have to invest in stocks that pay dividend. Also IRA, and Roth based investors will often automatically reinvest the dividend, essentially doing a "buyback" for you..
One other thing to note is that, the plan anounced today is still modest. Even if apple only manages to grow 1/3rd the rate analysts predic, their cash pile will still grow, albeit at a much more moderate pace.
Simple solution pick the second biggest city in Iran, bomb all the major highways and railways out of it, then commence firebombing Then tell them Tehran's next unless they fall in line and open up all their facilities immediately Man, I have the strangest boner right now..
Wtf is the point of your post? You posted some regulations on tank construction, hurrah... Again, CNG vehicles are hardly new technology. There are literally thousands already on the road, and their safety record is good. The civic GX even rates a IIHS top safety pic. The meme that CNG vehicles represent some kind of untold table danger to the driving public is pure FUD. We all get to be wrong about things on the Internet,even me, it looks like today is your day.
"consistently" having their water polluted? A few incidents does not equal "consistently". The majority, and by that I mean the VAST majority of fracks have been uneventful (BTW I live in the Marcellus shale region). no form of petroleum extraction is benign
from the Persian Gulf? Nope from the Gulf of Mexico? Nope Filthy tar sands from Canada? Not a chance and all these take massive amounts of energy (that crude oil doesn't boil itself, you have to burn a lot of natural gas, or a lot of electricity, just to get it into a form that can burn in your engine)
Most of our domestic refineries have been closing due to cheaper costs overseas
Nope, sorry, wrong. The oil refineries that have been shut down in the country over the last 20 have been shut down because they are aging, inefficient designs which are easier to replace then upgrade... Amongst all that, we have excess refining capacity in this country http://content.usatoday.com/communities/ondeadline/post/2012/02/us-exported-more-gasoline-than-imported-last-year/1#.T1FpJ3LhfnA This notion that we have a refinery shortage in this country, caused be evil filthy liberals and overregulatory desires, and that is what is causing high gas prices, is an idiotic Republican meme..
Well, the fact you haven't heard of it doesn't mean it didn't exist. Here's another one you might have missed http://tacoma-upgrade.com/2009/06/info-on-the-19955-through-2004-toyota-tacoma-frame-recall-for-rust.html The steering defect was a particularly nasty defect (losing brakes or a stuck accelerator you can deal with, if your steering goes at high speed you are now on a incredibly dangerous amusement park ride, not in command of an automobile).
but the accelerator issue was deemed to be a user error by NASA engineers.
nope floor mats can be an issue, but it might not be the ONLY issue http://edition.cnn.com/2012/03/01/us/toyota-memo-acceleration-concerns/?hpt=hp_t3 and regardless, a design where a slightly askew floor mat can cause that kind of problem is not a very good design.
I'm not sure if that is completely correct 802.11/n MIMO uses a crude form of adaptive beamforming, where you screw with phasing to make intentional nulls in your antennas' receive/transmit pattern (this is also used in EW to null out jammers)
This doesn't seem like the same thing, although I'd be lying if I said I completely understood the article
Not an idiot, just a little idealistic These companies aren't providing you this service out of the kindness of their hearts
What I wish
a fairly priced ala carte service you use more, you pay more, use less, pay less but they'll never do it, they like overcharging bandwidth misers more than they hate undercharging bandwidth hogs, see kindness of their hearts comment above.
If gasoline were unsafe how come the containment structure is allowed to be so flimsy?
Actually, they aren't so flimsy anymore. They used to be (and it wasn't just a Pinto thing), car fires after collisions used to be a much more common thing, although it can (and does) still happen.
The assertion was CNG is safer than gasoline... I have yet to see any citations of statistical evidence supporting this claim.
1/4? I just looked and it's about $2.35 GGE in the CA Bay Area
so it that's the cost in the bay area, that is the cost everywhere, amIwrite?
Lots of places around the country you can get it for 1-1.50 a GGE, if not cheaper if you compress yourself (which admittedly has up front costs, but I'm just sayin)...
Again, what the fuck are you talking about, at the moment natural gas is cheap, dirt fuckin cheap, so cheap companies like Chesapeake are turning down the spigot in an attempt to keep prices up...
Right, it's just sooo much safe to carry around a 15 gallon sheetmetal tub filled with gasoline. That's exactly what I'd want to get in a crash with...
In the real world, CNG vehicles have a good safety record..
250 miles on one tank is more than good enough for me..
and you can even design an engine to be dual fuel. That way you can do your day in day out workaday commuting on nat gas, and then if you ever have the need for extreme range you can go over to gas
And it's not like if we don't frack our oil and gas will magically show up at our door. ALL oil and gas exploration has an impact. It's actually, you could make the case that domestic production is a more responsible alternative, rather than passing it off as just a problem for the brown people half a world away that we buy it from...
Well, the Honda Civic GX (which is in fact my neighbor's model, and I think is the most common consumer CNG vehicle) is quoted at about 170 mile range.
170 figure is wrong now
Latest GX has a 250 mile range.
Good as most gas car? No, but reasonable, especially considering in exchange for that you get low emissions, a fuel cost about 1/4th that of gasoline; and the stuff burns so clean you can go 15k between oil changes, and the things like spark plugs, they could weld them into the block at the factory if they felt like it...
Where back in the 50's thru the 70s you commonly heard about the 30 year car. There seems to be a different in long term quality of the vehicles.
I know it is natural to look back to a time when you were younger, when your knees weren't stiff when you woke up, and your cock was, and imagine everything was better, but it's not true..
In the 70's (much less the 50's ) a car that could make it to 150k miles with no major engine work was the virtually unheard of. Now , the consumer feels ripped off if they doen't get this out of a car..
Look at scrap rates, average age when a VIN is taken off the road, etc.. Modern cars are more reliable, and not to mention worlds safer and cleaner than anything made 30 years ago..
You are correct, it's not
At this point, most cars are still operable (in some form of fashion) hen they are sent to the junkyard. It's usally not a powertrain issue that kills a car, the original owner grows tired of the thing, and sells it, and then the next buyer gets tired of fixing all of the imporant, expensive, but non-fatal things, and sells it, and at some point somebody realizes the car is worth more parted out...
Overall quality has went up so much, and the quality delta between the best and worst manufacturers has gone down so much, that even crappier cars, maintained half-assedly, will still last a long time.
I don't know what it is about car threads, but they require posting "the plural of anecdote is not data"
I think everybody knows this, but it never seems to stop folks from derping away about "My 1997 pontiac had a transmission problem, so all GM cars from now until the end of time are crap"
The data is pretty clear, cars, especially sub 30k cars are becoming commoditized, virtual appliances on wheels. This is a good thing, and not unexpected given the homogenization of the overall automotive supplier base.
Do people really think the chevy malibu coming off the production line for about 25k in Kansas City is going to be that much different than the camry coming of the like in KY for the same price? It's not, supplier costs have been normalized, and now with the latest union agreements , labor costs have been normalized too. Do you really think there is some kind of magic dust that one manufacturer is going to sprinkle at the factory fothat the other isn't?
Slashdot Mirror
In theory the stock buyback would do nothing to the value of shares. The remaining shares would own a bigger part of the company, but this company is ten billion dollars less valuable.
yah, um, well sorta...
You are distributing some of your cash pile, but it's cash you aren't using. Buying back shares, means you are reducing the float, which means earnings per share goes up, which makes the P/E multiple go down (and Apple's PE multiple is fairly modest to start)..
These are all good things.
The dividend isn't much, but it does help to draw in dividend-ased mutual fund managers who, by their fund's charter, have to invest in stocks that pay dividend. Also IRA, and Roth based investors will often automatically reinvest the dividend, essentially doing a "buyback" for you..
One other thing to note is that, the plan anounced today is still modest. Even if apple only manages to grow 1/3rd the rate analysts predic, their cash pile will still grow, albeit at a much more moderate pace.
Simple solution
pick the second biggest city in Iran, bomb all the major highways and railways out of it, then commence firebombing
Then tell them Tehran's next unless they fall in line and open up all their facilities immediately
Man, I have the strangest boner right now..
+bazillion
wish I had mod points
Lem was brilliant
Wtf is the point of your post? You posted some regulations on tank construction, hurrah... Again, CNG vehicles are hardly new technology. There are literally thousands already on the road, and their safety record is good. The civic GX even rates a IIHS top safety pic. The meme that CNG vehicles represent some kind of untold table danger to the driving public is pure FUD.
We all get to be wrong about things on the Internet,even me, it looks like today is your day.
no form of petroleum extraction is benign
from the Persian Gulf? Nope
from the Gulf of Mexico? Nope
Filthy tar sands from Canada? Not a chance
and all these take massive amounts of energy (that crude oil doesn't boil itself, you have to burn a lot of natural gas, or a lot of electricity, just to get it into a form that can burn in your engine)
Most of our domestic refineries have been closing due to cheaper costs overseas
Nope, sorry, wrong. The oil refineries that have been shut down in the country over the last 20 have been shut down because they are aging, inefficient designs which are easier to replace then upgrade... Amongst all that, we have excess refining capacity in this country http://content.usatoday.com/communities/ondeadline/post/2012/02/us-exported-more-gasoline-than-imported-last-year/1#.T1FpJ3LhfnA
This notion that we have a refinery shortage in this country, caused be evil filthy liberals and overregulatory desires, and that is what is causing high gas prices, is an idiotic Republican meme..
Here's another one you might have missed http://tacoma-upgrade.com/2009/06/info-on-the-19955-through-2004-toyota-tacoma-frame-recall-for-rust.html The steering defect was a particularly nasty defect (losing brakes or a stuck accelerator you can deal with, if your steering goes at high speed you are now on a incredibly dangerous amusement park ride, not in command of an automobile).
but the accelerator issue was deemed to be a user error by NASA engineers.
nope
floor mats can be an issue, but it might not be the ONLY issue
http://edition.cnn.com/2012/03/01/us/toyota-memo-acceleration-concerns/?hpt=hp_t3
and regardless, a design where a slightly askew floor mat can cause that kind of problem is not a very good design.
I'm not sure if that is completely correct
802.11/n MIMO uses a crude form of adaptive beamforming, where you screw with phasing to make intentional nulls in your antennas' receive/transmit pattern (this is also used in EW to null out jammers)
This doesn't seem like the same thing, although I'd be lying if I said I completely understood the article
Not an idiot, just a little idealistic
These companies aren't providing you this service out of the kindness of their hearts
What I wish
a fairly priced ala carte service
you use more, you pay more, use less, pay less
but they'll never do it, they like overcharging bandwidth misers more than they hate undercharging bandwidth hogs, see kindness of their hearts comment above.
If gasoline were unsafe how come the containment structure is allowed to be so flimsy?
Actually, they aren't so flimsy anymore.
They used to be (and it wasn't just a Pinto thing), car fires after collisions used to be a much more common thing, although it can (and does) still happen.
The assertion was CNG is safer than gasoline... I have yet to see any citations of statistical evidence supporting this claim.
nor have I seen any refuting it.
1/4? I just looked and it's about $2.35 GGE in the CA Bay Area
so it that's the cost in the bay area, that is the cost everywhere, amIwrite?
Lots of places around the country you can get it for 1-1.50 a GGE, if not cheaper if you compress yourself (which admittedly has up front costs, but I'm just sayin)...
Again, what the fuck are you talking about, at the moment natural gas is cheap, dirt fuckin cheap, so cheap companies like Chesapeake are turning down the spigot in an attempt to keep prices up...
http://www.nytimes.com/2011/02/26/business/global/26charts.html
With only 3000psi would could possibly go wrong?
Right, it's just sooo much safe to carry around a 15 gallon sheetmetal tub filled with gasoline. That's exactly what I'd want to get in a crash with...
In the real world, CNG vehicles have a good safety record..
Right, and all those canadian oil sands just magically turn themselves into gasoline, no environmental impact there, no none at all
250 miles on one tank is more than good enough for me..
and you can even design an engine to be dual fuel. That way you can do your day in day out workaday commuting on nat gas, and then if you ever have the need for extreme range you can go over to gas
And it's not like if we don't frack our oil and gas will magically show up at our door. ALL oil and gas exploration has an impact. It's actually, you could make the case that domestic production is a more responsible alternative, rather than passing it off as just a problem for the brown people half a world away that we buy it from...
There are valid problems with every form of fossil fuel extraction
Problems with getting oil from the Persian gulf, oh yes
problems with the gulf of Mexico? You better believe it
Yes there have been a few issues at a few frack sites, but the vast majority of fracks (Like 99%) have been uneventful
My car (and my furnace) doesn't run on magic pixie dust, and neither does anyone else's...
Well, the Honda Civic GX (which is in fact my neighbor's model, and I think is the most common consumer CNG vehicle) is quoted at about 170 mile range.
170 figure is wrong now
Latest GX has a 250 mile range.
Good as most gas car? No, but reasonable, especially considering in exchange for that you get low emissions, a fuel cost about 1/4th that of gasoline; and the stuff burns so clean you can go 15k between oil changes, and the things like spark plugs, they could weld them into the block at the factory if they felt like it...
The problem with adding natural gas (or the oil they get from fracking) is that it does nothing to change the energy prices we are paying right now.
What the fuck are you talking about. The price, per BTU of Gasoline is roughly 5 times the cost of Natural gas.
It also pollutes less, is more domestically sourced, and is super easy on engines
Is this is a hobby of yours? Sitting in Starbucks, cataloging, with some sense of outrage and indigence, the cars going through the drive through?
If you're in India maybe.
That thing is not street legal in the US or Canada, and I'm assuming most if not all of Europe
my wife is disabled, and last time i checked she fitted just fine into an 88 corolla hatchback.
last time you checked, oooh zinger
because you know, every handicapped person is handicapped the same way
they are also the same size
arrogant asshat...
Where back in the 50's thru the 70s you commonly heard about the 30 year car. There seems to be a different in long term quality of the vehicles.
I know it is natural to look back to a time when you were younger, when your knees weren't stiff when you woke up, and your cock was, and imagine everything was better, but it's not true..
In the 70's (much less the 50's ) a car that could make it to 150k miles with no major engine work was the virtually unheard of. Now , the consumer feels ripped off if they doen't get this out of a car.. Look at scrap rates, average age when a VIN is taken off the road, etc.. Modern cars are more reliable, and not to mention worlds safer and cleaner than anything made 30 years ago..
You are correct, it's not
At this point, most cars are still operable (in some form of fashion) hen they are sent to the junkyard.
It's usally not a powertrain issue that kills a car, the original owner grows tired of the thing, and sells it, and then the next buyer gets tired of fixing all of the imporant, expensive, but non-fatal things, and sells it, and at some point somebody realizes the car is worth more parted out...
Overall quality has went up so much, and the quality delta between the best and worst manufacturers has gone down so much, that even crappier cars, maintained half-assedly, will still last a long time.
I don't know what it is about car threads, but they require posting "the plural of anecdote is not data"
I think everybody knows this, but it never seems to stop folks from derping away about "My 1997 pontiac had a transmission problem, so all GM cars from now until the end of time are crap"
The data is pretty clear, cars, especially sub 30k cars are becoming commoditized, virtual appliances on wheels. This is a good thing, and not unexpected given the homogenization of the overall automotive supplier base.
Do people really think the chevy malibu coming off the production line for about 25k in Kansas City is going to be that much different than the camry coming of the like in KY for the same price? It's not, supplier costs have been normalized, and now with the latest union agreements , labor costs have been normalized too. Do you really think there is some kind of magic dust that one manufacturer is going to sprinkle at the factory fothat the other isn't?
Right, a jap carmaker would never do anything like that, wrong
http://www.toyotasteeringrecall.com/ And that's a tad more important than the exhaust manifold...