nrg2
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Jon Stewart reveals the moment things went bad with Apple
Corporate profit is always AFTER expenses. Those expenses include any adjustments made to cost of goods sold caused by inflation. So yes, price gouging does directly contribute to inflation. To think government spending is the be all, end all of inflation demonstrates YOUR lack of knowledge of how the economy works.chadbag said:Yet another celebrity who has no economic ability or sense.NO, the inflation is not cause by corporate profits. Bigger corporate profits are a symptom of the inflation. When your money is worth less (inflated), the profits of companies will seem bigger because they’re using inflated dollars (or whatever currency). That does not mean the actual economic value of that profit is any more than the profit a year before with a smaller number and pre-inflation.He’s either stupid economically or a shill for those trying to deflect blame away from the politicians who inflate the money supply which leads to the price inflation.Between 2020 and 2023 the money supply in the US was I floated by about 27-28%. Ie the government printed money. Which is the root cause of inflation.Companies usually price as a percentage of cost so if cost goes up prices go up and it will seem that profits go up but only because you’re not adjusting the value for inflation. Ie 20% of $100 is $20 while 20% of $130 is $26. Because pricing is usually based on a percentage of cost the perceived “profit “ is now $26 vs earlier $20 — record profits. 🤦. But that $26 doesn’t buy any more today than the $20 did before. So the profit in real value was not a record profit.Examples to demonstrate:
1) Bird flu has caused millions of chickens to be slaughtered to stem the infection. This had caused egg prices to skyrocket. Did government spending cause this?? NO. Now the icing on the cake of this example is that interviews with farmers at the height of $12 a dozen eggs was that they had plenty, but weren’t being paid any more for them than when they were $2 per dozen. (Beef industry farmers were saying similar things for the inflation of beef prices too.)
2) I work for a fortune 100 company. I was curious how bad of an impact inflation had made to our raw materials and talked to our purchasing department. Guess what, our cost of those raw materials has been flat, but what did the powers that be do?? 15-20% increase of our products cost “because inflation.” 2023 was our 3rd most profitable year, while 2021 and 2022 filled out the others in the top 3 spots.
To think that GLOBAL inflation is caused strictly by government spending is egregiously myopic. It certainly has some ties, but if all the veils were to be pulled back, I have little doubt corporate greed is at the heart of the problem.
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US DOJ will finally sue Apple after years of antitrust investigation
And in three simple paragraphs you’ve educated us that you don’t know what you’re talking about with directly saying you don’t know what you’re talking about.VictorMortimer said:About time. Apple has been illegally monopolizing app distribution on iDevices for well over a decade now. It's time for the nonsense to stop.I should be able to install any software of MY choosing on MY iPhone, without interference from Apple.I really hope DoJ doesn't cave and settle. Apple needs to allow normal software installation, without an app store.1) a monopoly in itself is not illegal.2) any app developer can put an app on the App Store for FREE. They can then have it “activate” by logging in to an account that you purchase through their website. IE Netflix, MS Office, etc. etc. Having in app purchase options only makes sense though. If consumers are too lazy to research they can get the license cheaper elsewhere is not Apple’s responsibility.
3) what other company is required to advertise that you can get the same product elsewhere for a different price? Should every car dealer have a big button next to their cars for sale stating “Buy me for $5000 less at dealer XYZ instead”? That’s ludicrous for saving THOUSANDS of dollars and even more so to save $3.
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Latest macOS Sonoma update is breaking some USB hubs in monitors
I’m running a 2019 MacBook Pro and have had zero issues with Sonoma. And I’ve been running Sonoma since the 14.0 beta’s. Haven’t done a fresh install on the system in years.sflocal said:MacOS Sonoma has been the worst MacOS release for Intel-based machines ever. I'm still on MacOS 14.2 because each point-release update has result in bricking my 2020 iMac and my having to reinstall MacOS, and only with a USB install drive. Headlines like these makes me wonder if Apple has abandoned any real QC checks with Intel machines. For the first time ever, I'm seriously considering downgrading my iMac to macOS Monterey as it was completely stable.It's a disgrace in my book. Apple really dropped the ball here.
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Is Apple's App Store a monopoly or a solution?
They essentially already do. You can buy the 365 licenses from just about anywhere. You download on your phone, tablet, Mac or PC and log in. In this instance Apple gets $0 while still providing the service to get the software on iPhone, iPad and Mac. Thus 30% for the first year and 15% after is really a steal and far cheaper than printing keycards, shipping them to retailers and then still only getting a portion of the sale price.If Microsoft had its own external App Store, hosted the software and handled all payment processing itself... what percentage of a $70 Microsoft 365 subscription being handled completely by Microsoft do you think Apple should be entitled to (and for what exactly)?Plus that small amount of in app purchases comps for all the data use for thousands of devices pulling the downloads. Office gets installed automatically on all our companies phones and tablets (iOS or Android) and neither Apple or Google get a dime for these while providing the heavy lifting to get the app installed.
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New M3 iPad Pro with OLED may have a ridiculously higher starting price
Pixel density. It costs significantly more to pack pixels into smaller displays. If you added the same pixel density to a 48” screen, it would be many thousands of dollars.charlesn said:I'm sorry, but I can buy LG's superb and current 48" C3 OLED TV for about $1100... or LG's 48" OLED gaming monitor for $850... but putting a 13" OLED panel in an iPad is going to drive the price to $2,000 because why?
