I'd take the 1.6 billion. I'm sure I could find a use for it, like jump starting rail mass transit in my city. Even 1.6 billion wouldn't be enough for that. That's something that irks me a little bit, the super rich Microsoft executive are always complaining about traffic in Seattle, so they want the government to pay for a better 520 bridge and other improvements. If it is so important to them, why don't they chip in a few billion between them instead of pushing it on tax payers? The bridge is fairly cheap compared to what some of them have, so it would barely be missed and then their employees and them would be happier.
Same thing for Paul Allen. He wants the city to build a street car in a neighborhood with a bunch of his property. He will be paying for about $10 million of the price, but his land value is estimated to go up over $20 million because of the improvements. His investment company is one of the main proponents of the street car, so it is only fair if he pays for the majority of the cost.
No, not Mr. Toad, that new one they created. It is over near Splash Mountain and I think it is Winnie the Poo. After coming out of that, I asked my mom if we were high.
Uhh. We did. I didn't vote for Kerry or Bush... but my state was a Kerry state. If it had been close, I probably would have voted for Kerry even though I think they are both douche-bags who want too much power.
Who says 12 P/E is normal? Don't different industries have different average P/E ratios? Lets have a look at some of their competitors in different areas:
You, sir, are correct. I checked Yahoo! Finance and Apple's trailing P/E right now is in the mid-50's. The forward P/E is in the 30s. At $80/share, Apple does have future growth factored into it, so it might not be the best time to buy. I wonder how it will fair the rest of the week. It might be corrected tomorrow as people lock in their profits. I think Apple is comfortably over $70/share, though, so if you bought below that, you are good.
For the record, Dell and Microsoft have a trailing P/E of about 22-24 and a forward P/E of around 17. Apple is worse than them, but better than Google with its 107 trailing P/E. Of course, Apple has a lot more upward potential than Dell or Microsoft in my opinion. The iPods seem pretty saturated (although, people will probably start upgrading en masse starting next Christmas season), but the computers have a lot of potential. They need to get a 17" with Core Duo out soon, or I'm afraid the sales of the 17" will be cannibalized.
The intel chip. For years it has been trapped inside PCs. Inside dull little boxes; dutifully performing dull little tasks, when it could have been doing... so much more. Starting today, the Intel chip will be set free, and get to live life, inside a Mac. Imagine the possibilities.
Unlike power, ethernet actually locks into the port. I'd be more worried about ethernet pulling stuff down. Or... does everyone just use wireless these days?
My friend and I were talking to an Apple engineer when they were recruiting at our campus (we are both Mac users). He follows the rumors more closely than I (and he is EE while I'm CS) and was curious to know about the BIOS in future Intel Macs. He asked about the BIOS and mentioned the rumors of EFI. The Apple guy was like, "Hmm, yeah, it would be interesting if we used EFI because that would make us the first computer manufacturer to do so" (paraphrased). It was interesting talking to him and hearing him say that the way he did (you know, *wink* *wink* *nudge* *nudge*).
Perhaps he was violating their site guidelines by using hidden text or keyword stuffing or the like. If that is the case, he'd have to file a re-inclusion request to get re-added to the index.
Since when has DRM made it easy to use in these side cases? If one of your iTunes computers dies or you forget to de-authorize before reinstalling the OS, tough shit. That's one of the problems with DRM.
Also, with a conference of like 100 people, the chances are > 5 of them are awake and coherent.
Informative post. I didn't know about the catalytic converter, but I thought it had something to do with the high sulfur content. What else can you do to clean emissions when the sulfur is gone?
Exactly:). The system detected that more than five people were in the room, necessitating an upgrade of the license from "Family Viewing" to "Public Performance".
Are you kidding? The advantage Blu-Ray players have over DVD players is that they are backwards compatible with the previous format. DVD was a large shift to optical media. LD was optical, but it never caught on because it didn't provide enough added value (like the higher resolution of DVD). Optical discs may very well be the last media format ever... after them we'll just get all our content over networks and stored on computers (perhaps).
I don't see the problem with upgrading to Blu-Ray. As consumers get new players (either to upgrade or because their old CyberHome POS broke), PS3s, or new computers, they number of installed BR players will slowly increase. Since they'll all be backwards compatible, you might as well splurge a little and get the BR player over DVD. All the previous movies will work, and as soon as the consumer gets a BR player, they can start purchasing BR media. Eventually they'll have a large collection of BR and DVD media, both of which would work perfectly fine in their media players. Look at CD players on computer: every new computer comes with a DVD player which is backwards compatible with all their CD media. Most people don't choose the DVD player anymore, the CD and DVD drives have reached price parity, so you might as well get a DVD player. The same thing will happen with BR over DVD. BR players and drives will get cheap and eventually just replace DVD players.
As for not wanting it: there may be a small market that really wants BR, but they tend to be the group willing to spend more money and they influence their friends. DVD is old hat, I crave HD. My family watches all their TV in HD now (they've had HD for a long time, but the reception is sketchy, now they get it through cable and are able to time-shift (who watches TV live?)). The footage they see on TV looks noticeably better than the movies they have on disc. DVD is not very high resolution. HD, on the other hand, is beautiful. I've read articles discussing how the average size of TVs is quickly trending up. I believe people now days are more interested in watching movies in their nice home theatre than the movie theatre. As the TVs get bigger and people go to less theatre showings, they will demand better quality and that is where BR comes in. I'm chomping at the bit to transition my family to BR, but if first has to be released and I have to make sure it won't do anything stupid with respect to DRM. Once I am satisfied, I'm all over that shit. Bring it on.
Andrew
PS: 5 years ago (I think) a lot of people still didn't have DVD. I was arguing the benefits of DVD while everyone else thought it was overrated. Now DVD is the standard and people barely talk about VHS anymore.
Because they adopted California's vehicle regulations. I'm not an expert, but I think this is how it works: California requires a catalytic converter. Current diesels don't have them because the high sulfur content in diesel would either damage them or make them not work or something. Therefore, you can't buy a diesel car in California. I think you will be able to buy one again in the next year or two when ULSD becomes standard and vehicle makers add those to their cars. I think. Again, don't quote me on this; I had trouble finding info on the website: http://www.arb.ca.gov/.
The transition is happening this year. You are right about the biodiesel, it would be a good idea for no other reason than lubricity. Hopefully more providers will start offering blends. I'd rather see people use less fuel, but as we work towards that, biodiesel will help decrease emissions (especially of the nasty carcinogens).
I can't wait:). What we need is sane mass transit and to stop giving huge subsidies to developers who build a long way from urban areas. I probably am driven 30 miles a week or less. I live in a place where almost everything is a walk away and the rest is an easy bus ride.
Exactly. I was going to mention this myself, but noticed you did, so I'll just say "MOD PARENT UP!". I'm in Seattle and can't see Mt. St. Helens, but I'm fairly confident you can from Portland.
My mom ordered something from a small Mom & Pop store in the midwest somewhere. The packaging consisted of shredding from their office paper. I was shuffling through it and managed to piece together 3/4 of a receipt with credit car number and signature on it before I got bored. I think having small stores (or big ones) use a pre-packaged credit card processing system with no paper would be a step up in many cases.
Umm, if it is only popular inside its 'rabid fanbase', then how come the 'rabid fanbase' keeps growing? It seems to me it is popular amongst people that have had the chance to learn about it and see it. If the Fox execs sabotage it, preventing people from knowing about it or even watching it, then I'd say it is hard to grow any type of fanbase. Ass.
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Oh sorry, right, point taken.
I'd take the 1.6 billion. I'm sure I could find a use for it, like jump starting rail mass transit in my city. Even 1.6 billion wouldn't be enough for that. That's something that irks me a little bit, the super rich Microsoft executive are always complaining about traffic in Seattle, so they want the government to pay for a better 520 bridge and other improvements. If it is so important to them, why don't they chip in a few billion between them instead of pushing it on tax payers? The bridge is fairly cheap compared to what some of them have, so it would barely be missed and then their employees and them would be happier.
Same thing for Paul Allen. He wants the city to build a street car in a neighborhood with a bunch of his property. He will be paying for about $10 million of the price, but his land value is estimated to go up over $20 million because of the improvements. His investment company is one of the main proponents of the street car, so it is only fair if he pays for the majority of the cost.
You say that like building highways is a good thing.
No, not Mr. Toad, that new one they created. It is over near Splash Mountain and I think it is Winnie the Poo. After coming out of that, I asked my mom if we were high.
Calm down man, you aren't winning. Go take a nap and chill out.
Uhh. We did. I didn't vote for Kerry or Bush... but my state was a Kerry state. If it had been close, I probably would have voted for Kerry even though I think they are both douche-bags who want too much power.
Who says 12 P/E is normal? Don't different industries have different average P/E ratios? Lets have a look at some of their competitors in different areas:
GOOG: 103 P/E
MSFT: 23 P/E
DELL: 23 P/E
YHOO: 37 P/E
It sounds like 20-30 is the more normal range for computer companies.
You, sir, are correct. I checked Yahoo! Finance and Apple's trailing P/E right now is in the mid-50's. The forward P/E is in the 30s. At $80/share, Apple does have future growth factored into it, so it might not be the best time to buy. I wonder how it will fair the rest of the week. It might be corrected tomorrow as people lock in their profits. I think Apple is comfortably over $70/share, though, so if you bought below that, you are good.
For the record, Dell and Microsoft have a trailing P/E of about 22-24 and a forward P/E of around 17. Apple is worse than them, but better than Google with its 107 trailing P/E. Of course, Apple has a lot more upward potential than Dell or Microsoft in my opinion. The iPods seem pretty saturated (although, people will probably start upgrading en masse starting next Christmas season), but the computers have a lot of potential. They need to get a 17" with Core Duo out soon, or I'm afraid the sales of the 17" will be cannibalized.
Have you seen their commercial?
The intel chip. For years it has been trapped inside PCs. Inside dull little boxes; dutifully performing dull little tasks, when it could have been doing... so much more. Starting today, the Intel chip will be set free, and get to live life, inside a Mac. Imagine the possibilities.
Apple's Intel ad.
Unlike power, ethernet actually locks into the port. I'd be more worried about ethernet pulling stuff down. Or... does everyone just use wireless these days?
My friend and I were talking to an Apple engineer when they were recruiting at our campus (we are both Mac users). He follows the rumors more closely than I (and he is EE while I'm CS) and was curious to know about the BIOS in future Intel Macs. He asked about the BIOS and mentioned the rumors of EFI. The Apple guy was like, "Hmm, yeah, it would be interesting if we used EFI because that would make us the first computer manufacturer to do so" (paraphrased). It was interesting talking to him and hearing him say that the way he did (you know, *wink* *wink* *nudge* *nudge*).
Perhaps he was violating their site guidelines by using hidden text or keyword stuffing or the like. If that is the case, he'd have to file a re-inclusion request to get re-added to the index.
Hahaha, classic. I wish I had mod points. I don't know why, something about this post just cracked me up.
Since when has DRM made it easy to use in these side cases? If one of your iTunes computers dies or you forget to de-authorize before reinstalling the OS, tough shit. That's one of the problems with DRM.
Also, with a conference of like 100 people, the chances are > 5 of them are awake and coherent.
Informative post. I didn't know about the catalytic converter, but I thought it had something to do with the high sulfur content. What else can you do to clean emissions when the sulfur is gone?
Exactly :). The system detected that more than five people were in the room, necessitating an upgrade of the license from "Family Viewing" to "Public Performance".
Are you kidding? The advantage Blu-Ray players have over DVD players is that they are backwards compatible with the previous format. DVD was a large shift to optical media. LD was optical, but it never caught on because it didn't provide enough added value (like the higher resolution of DVD). Optical discs may very well be the last media format ever... after them we'll just get all our content over networks and stored on computers (perhaps).
I don't see the problem with upgrading to Blu-Ray. As consumers get new players (either to upgrade or because their old CyberHome POS broke), PS3s, or new computers, they number of installed BR players will slowly increase. Since they'll all be backwards compatible, you might as well splurge a little and get the BR player over DVD. All the previous movies will work, and as soon as the consumer gets a BR player, they can start purchasing BR media. Eventually they'll have a large collection of BR and DVD media, both of which would work perfectly fine in their media players. Look at CD players on computer: every new computer comes with a DVD player which is backwards compatible with all their CD media. Most people don't choose the DVD player anymore, the CD and DVD drives have reached price parity, so you might as well get a DVD player. The same thing will happen with BR over DVD. BR players and drives will get cheap and eventually just replace DVD players.
As for not wanting it: there may be a small market that really wants BR, but they tend to be the group willing to spend more money and they influence their friends. DVD is old hat, I crave HD. My family watches all their TV in HD now (they've had HD for a long time, but the reception is sketchy, now they get it through cable and are able to time-shift (who watches TV live?)). The footage they see on TV looks noticeably better than the movies they have on disc. DVD is not very high resolution. HD, on the other hand, is beautiful. I've read articles discussing how the average size of TVs is quickly trending up. I believe people now days are more interested in watching movies in their nice home theatre than the movie theatre. As the TVs get bigger and people go to less theatre showings, they will demand better quality and that is where BR comes in. I'm chomping at the bit to transition my family to BR, but if first has to be released and I have to make sure it won't do anything stupid with respect to DRM. Once I am satisfied, I'm all over that shit. Bring it on.
Andrew
PS: 5 years ago (I think) a lot of people still didn't have DVD. I was arguing the benefits of DVD while everyone else thought it was overrated. Now DVD is the standard and people barely talk about VHS anymore.
Because they adopted California's vehicle regulations. I'm not an expert, but I think this is how it works: California requires a catalytic converter. Current diesels don't have them because the high sulfur content in diesel would either damage them or make them not work or something. Therefore, you can't buy a diesel car in California. I think you will be able to buy one again in the next year or two when ULSD becomes standard and vehicle makers add those to their cars. I think. Again, don't quote me on this; I had trouble finding info on the website: http://www.arb.ca.gov/.
The transition is happening this year. You are right about the biodiesel, it would be a good idea for no other reason than lubricity. Hopefully more providers will start offering blends. I'd rather see people use less fuel, but as we work towards that, biodiesel will help decrease emissions (especially of the nasty carcinogens).
I can't wait :). What we need is sane mass transit and to stop giving huge subsidies to developers who build a long way from urban areas. I probably am driven 30 miles a week or less. I live in a place where almost everything is a walk away and the rest is an easy bus ride.
That's right, a similar thing happened last year with Steve Jobs:
http://www.bradcornelius.com/images/stevenote.jpg
Andrew
Exactly. I was going to mention this myself, but noticed you did, so I'll just say "MOD PARENT UP!". I'm in Seattle and can't see Mt. St. Helens, but I'm fairly confident you can from Portland.
Oh hey, another BMG forum member. I am adpowers on there was well, but I haven't posted that often in the last year or so.
My mom ordered something from a small Mom & Pop store in the midwest somewhere. The packaging consisted of shredding from their office paper. I was shuffling through it and managed to piece together 3/4 of a receipt with credit car number and signature on it before I got bored. I think having small stores (or big ones) use a pre-packaged credit card processing system with no paper would be a step up in many cases.
Andrew
Umm, if it is only popular inside its 'rabid fanbase', then how come the 'rabid fanbase' keeps growing? It seems to me it is popular amongst people that have had the chance to learn about it and see it. If the Fox execs sabotage it, preventing people from knowing about it or even watching it, then I'd say it is hard to grow any type of fanbase. Ass.