How is competition the best solution for Google? When a company doesn't have serious competition they can sell their product for a very large profit. This is how newspapers prospered for a century. They were local monopolies that could charge advertisers whatever they please. The customer had to consume newspaper because it was the only news source in town. This situation produced amazing returns for newspaper owners. Competition harms profits but is great for consumers. But saying it would be good for Google is... well wishful thinking. They are minting money right now and that would change if their dominance of search was eroded.
If you bought before the backdating happened and kept your shares, then you wrongly believed for a few years that your shares were worth more than they actually were, but that is not damaging.
I am a money manager. To say that this scandal was not damaging is ludicrous. Backdating options is literally stealing from shareholders while trying to keep them in the dark about it. This hurts the company's image tremendously and casts serious doubt on Steve Jobs' ethics. Yes, Jobs is an amazing manager. Yes, he has make a tremendous amount of money for shareholders. But do you want someone who lies about his compensation running your company? I would rather invest in companies that don't have crooks running them. And Apple shares probably would be worth more today if he would have properly accounted for the options due to investors fear of the company cooking its books.
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How is competition the best solution for Google? When a company doesn't have serious competition they can sell their product for a very large profit. This is how newspapers prospered for a century. They were local monopolies that could charge advertisers whatever they please. The customer had to consume newspaper because it was the only news source in town. This situation produced amazing returns for newspaper owners. Competition harms profits but is great for consumers. But saying it would be good for Google is... well wishful thinking. They are minting money right now and that would change if their dominance of search was eroded.
If you bought before the backdating happened and kept your shares, then you wrongly believed for a few years that your shares were worth more than they actually were, but that is not damaging.
I am a money manager. To say that this scandal was not damaging is ludicrous. Backdating options is literally stealing from shareholders while trying to keep them in the dark about it. This hurts the company's image tremendously and casts serious doubt on Steve Jobs' ethics. Yes, Jobs is an amazing manager. Yes, he has make a tremendous amount of money for shareholders. But do you want someone who lies about his compensation running your company? I would rather invest in companies that don't have crooks running them. And Apple shares probably would be worth more today if he would have properly accounted for the options due to investors fear of the company cooking its books.
I haven't heard of this iPhone.
Could you give me reviews of the iPhone:
Reviews
Something about its great service provider:
AT&T 1
AT&T 2
AT&T 3
Microsoft's arrogant reaction to this revolutionary device:
MSFT 1
MSFT 2
MSFT 3
Or finally, just throw something in there about the man we all want to fellate:
Steve Jobs
Please stop with all the "news" about the iPhone. We don't care.
In no particular order: Tribes Fallout 2 Civ 2 Counter Strike Masters of Orion 2