I'm pretty sure the phrase would be latest bid not latest bit.
Being as one use of the word "bit" is for a comedy skit, I think it could be appropriate.
maestro64 wrote: »
When your product is not good enough to for people to pay for it, why not give them freebies.
Interesting Amazon purchase today. They snapped up a display maker, Liquavista. So now Amazon is getting into component company ownership too.
Amazon seem to have an economic model that is all about selling content. It widely agreed that they are making nothing or next to nothing on the hardware and have to make it up by getting people to buy apps and other media.
I am guessing that they are finding too few of their customers are regularly buying content and so a way to get them in the habit of accessing the app store etc would be served well by a $5 dollar token. It might just get a few more to decide whether it is a facility they want to use or not at no cost to the individual.
See, when you spend Amazon's "funny money" you get "strange change" after the transaction. A smart investor would ask Amazon to send him his change. Maybe in 20 years, they could be collector's items.