iobserve

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iobserve
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  • Apple turns off data protection in the UK rather than comply with backdoor mandate

    iobserveiobserve
    kkqd1337 said:
    Disappointed in Apple here. They should have stood up to the UK Government and just said no. 
    If you're "disappointed in Apple here" you clearly don't understand the subject. Go re-read

    the other alternative would be to make a backdoor to all iPhone end to end encryption in the world and tell no one about it. That's what you'd rather them do? No, you just didn't read carefully. 
    jamnapihatescreennameswilliamlondonAlex1N9secondkox2TheSparklemarklarkjbdragonzeus423folk fountain

  • Examining Apple's record-breaking $89.6B quarter by the numbers

    iobserveiobserve
    “ Quarterly earnings per diluted share were $1.40. That's technically down from $2.55 in the quarter one year ago, but that's primarily because of Apple's 4-for-1 stock split in August 2020.”

    Thats technically incorrect. Your numerator [Earnings(2021)] and denominator [(Share Count(2020)] aren’t aligned. If you want to divide by an old share count that’s 4x fewer, you multiply current EPS by 4. 

    Said another way, if you’re comparing to the pre-split share count, this quarter’s pre-split EPS was 1.40x4 = 5.6. 

    So, no, this year’s EPS isn’t technically down. It’s technically up 119%

    otherwise, good article. 
    Beats