"Cingular wireless is the largest wireless carrier in the United States, serving 58.7 million customers."
straight from Apple's press announcement on January 9th, 2007
Sure, Verizon has more subscribers today. And, sure, Apple should sign with other carriers once the deal with AT&T expires. But that's not the question. The question is, "What does Apple do right now?"
And what would you have Apple do? Tell AT&T, their one sales partner, to bugger off?
I'd love to hear what any one of you would do (and how) if in Apple's position. But I'm sure most of you will just complain and compare Apple to Sony, Microsoft, Cheney,...
This is efficient markets (and technology) at its best. Slow-moving investors did not pay more than they should have -- they paid exactly what they should have, namely their willingness to pay.
There are three types of players here that need to be called out: Little Bo Peep, the Wolf, and the Sheep. Little Bo Peep is the initial investor who saw the opportunity in Broadcom and bought it at $26.20. That Bo Peep is a slow trader is inconsequential because she makes the first move. The Wolf is the high-frequency trader who picks up on Bo Peep's move and waits for the kill. The Sheep is the dumb and slow trader who mimics Bo Peep and gets eaten by the Wolf.
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When I was in high school, rock music and dancing were illegal. We couldn't even dance at prom. That is, until Kevin Bacon moved to our town.
Input: Is alpha original work?
Ouput: "Wolfram|Alpha isn't sure what to do with your input."
Seems worthy of copyright to me.
How could LimeWire let this happen? This is just as bad as fork and knife manufacturers who fail to keep fat, dumb people from eating too much.
"Cingular wireless is the largest wireless carrier in the United States, serving 58.7 million customers."
straight from Apple's press announcement on January 9th, 2007
Sure, Verizon has more subscribers today. And, sure, Apple should sign with other carriers once the deal with AT&T expires. But that's not the question. The question is, "What does Apple do right now?"
"Once exclusivity with AT&T ends..."
Apple doesn't do business in the time of once. They do business now.
"...open the iPhone up to larger markets..."
AT&T was the largest wireless carrier in the US when Apple inked the deal.
Any more ideas?
"If they don't do something soon..."
And what would you have Apple do? Tell AT&T, their one sales partner, to bugger off?
I'd love to hear what any one of you would do (and how) if in Apple's position. But I'm sure most of you will just complain and compare Apple to Sony, Microsoft, Cheney,...
This is efficient markets (and technology) at its best. Slow-moving investors did not pay more than they should have -- they paid exactly what they should have, namely their willingness to pay.
There are three types of players here that need to be called out: Little Bo Peep, the Wolf, and the Sheep. Little Bo Peep is the initial investor who saw the opportunity in Broadcom and bought it at $26.20. That Bo Peep is a slow trader is inconsequential because she makes the first move. The Wolf is the high-frequency trader who picks up on Bo Peep's move and waits for the kill. The Sheep is the dumb and slow trader who mimics Bo Peep and gets eaten by the Wolf.