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Posts by melgross

Think about Vanderbilt's fortune in the late 1870‘s was $340 million. That was an inconceivable amount at the time, and including inflation, would have him at the top today.When the Standard Oil Trust reached $1 billion, in 1901, I think it was, that was like reaching a trillion today.My home was worth in the low $30 thousands during the mid fifties, I've been told. I don't even even want to say what it's worth today with inflation, you might not believe it! Even going...
He didn't say " much more money than they need to operate". He did say that the evaluated their position as far as capital goes, and that they had more money than they needed to operate the company, and so they were going to return that money to the stockholders.In addition, most of that money is held overseas. Bringing it home would involve paying billions in taxes. Companies are loath to do that because they've already paid taxes on it, and feel that taxes paid locally...
It's getting complicated. Samsung copied Apple's packaging, so is this now a copy of their copy?
Ooh, packaging articles!
Ah, I can tell you that being a millionaire isn't what it used to was.
He was pushing something like that. But don't forget that SJ and Ellison were very good friends, and so where do you think he got the idea from?
Most people don't understand just how entrenched iPads have become in the business sector. Two reasons why the Mac didn't make it big in business:One was that they came out two and a half years after the IBM PC. By then, there was a ton of business software out, and the IBM brand was irresistible.Two was that SJ and his "computer as an appliance" was years ahead of its time, and back then, when computer sales were driven 90% by business, the appliance idea wasn't inviting,...
I don't think so. They'll be around for a while. I'm just waiting until the right time. We'll see. It's not that much of an investment to matter.
Microsoft is mostly Office and Windows. If you include server versions of Windows, which is in another division. Then they have software tools. They also have a commercial database.Then, of course, they have the entertainment division, which was merged with the small devices division (keyboards, mice, etc.). They have a couple of other smaller areas as well such as the online division, mostly Bing.Google is an Ad placement agency. They just happen to have their own places...
I read a financial article recently that said that about half of all iPads sold, were bought by business. Half! Over a million were bought in the education market last quarter, more than double YOY. At the same time, there were 1.64 million Windows machines sold there, and 520,000 Macs. A 10% drop in Windows sales, and a 4% increase in Mac sales.These are just two bits of information, but there are many more, such as Mac sales increasing in business over the past year by...
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