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kaipher said:Ireland's" tax breaks" (or the absence of a tax present in many other socialist countries) are only illegal to the European Union... not Irish law. Just because one country decides to become less of a burden to its people by exacting less a percentage of their LIVES (tantamount to slavery) doesn't make them a villain. The EU needs to stuff it, and look to their poster child of government-run business success: Greece.BTW: how's the US deficit doing?
rare comment said:"Combined with a relatively high price compared to the fitness trackers most people seem to be opting for, and it becomes something of a luxury for the mass markets Apple needs to woo in order to make this thing as successful as their other product lines. " I agree that Apple Watch's price is far higher than fitness trackers. I also agree people see Apple Watch as a luxury but I think this is accessible/aspirational luxury pricing that has a good precedent for working in the mass-market: iPods. Mid-line iPods have typically been about $200 (for example, the third generation iPod Nano 8GB or the original iPod Mini 4GB at $250). Apple Watch starts at $269 (for 8GB). So Apple Watch seems to be in the right pricing zone for the "gift" segment of the Apple line up. It will simply take some time for people to realize the Edition was an aberration. The Apple Watch is Apple's replacement for the iPod. For more on watch pricing, see: http://q10a1.blogspot.com/2015/03/apple-watch-pricing.htmlFitbit's offer is more solid. You know what capabilities you're buying and battery life is better... and I'll be moving to the Alta
A smartwatch is just so-so in every category.
mpantone said:jfc1138 said:Cash is a useful thing.
And it's not just Apple execs who think about this sort of stuff.
For Eddy, a $5 drop in AAPL (like what happened this week) resulted in a $1.675M loss in paper value. You really don't want all/most of your investment in one issue.
Moreover, AAPL has underperformed the S&P 500 over the past year. Eddy would have had a better rate of return if he had that $37.4M in SPY. Or even better had he invested in NTDOY (Nintendo ADR), BABA (Alibaba) and even YHOO a year ago.