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  • Apple's $111.4 billion quarter - which analysts were right and which were wrong

    “I'm sure many Apple shareholders aren't pleased with Apple's falling share price after the earnings report.  That drop might be good for Apple to buy back more stock and get rid of plenty of outstanding shares.  17B outstanding shares is really a huge number.  Too many, if you ask me.  I wonder how that number of shares compares to other tech companies.  I can only trust Apple knows what it's doing.”
    Well, that 17B shares is because AAPL share price had continued to rise over the years and became very “expensive” per share.  Splitting the shares makes the resulting shares “more affordable” psychologically to retail investors.

    At $134 today, before Aug 2020 4:1 split the shares would be $536/share but outstanding share count would be 4.25B shares.  If we go back to the June 2014 7:1 split, the total shares would be 607M shares but the share price would be an astronomical $3752/share!  

    Apple got tremendous bargains buying back shares early on because Apple bet on itself - it knew their business model was sound and share prices would reflect that eventually.  Consider if you had bought $10,000 worth of AAPL stock in early 2014 you would have 28x that amount now or $280,000 now, disregarding dividend or reinvestment.

    Even today, Apple still feels itself undervalued so will continue buying back shares of those shareholders who wish to sell their shares, directly putting money back to shareholders.  To shareholder who continue to hold, their % of ownership goes up as shares go down, and price goes up as the supply of shares drops.
  • Apple speeds up masked Face ID by detecting an Apple Watch in iOS 14.5

    dewme said:
    So, if someone steals your watch and your iphone that person can unlock your phone easily?

    Looks unsafe to me.
    Oh but what if someone chops your fingers off and uses them for Touch ID! Or plucks your AirPods out while riding by on a bike! Rolleyes... You dudes never stop with the creative writing...

    It's fine. My watch is on my wrist. It can't be authenticated to a bad guy because removing it ends the session.
    You forgot to mention ... what if they also chop off your whole arm too, so as not to remove the watch.
    Heh, it doesn’t actually matter whose arm it is as it doesn’t know your arm per se, but the passcode issue still is there.  And if they do get it unlocked, there will be an immediate SOS call and notification of emergency services and your emergency contacts because it detected no pulse!!
  • Apple speeds up masked Face ID by detecting an Apple Watch in iOS 14.5

    So, if someone steals your watch and your iphone that person can unlock your phone easily?

    Looks unsafe to me.

    Nope, probably answered before me but your Apple Watch must be unlocked by passcode every time you take it off your wrist and put it on again.  The passcode can be different from your iPhone passcode but also needs to be 6 digits.

    So if your Watch is stolen, it can’t be unlocked except by passcode.  Same with the iPhone under FaceID or passcode.
  • Facebook is pushing for Apple to open up default messaging app options

    Here’s a few Messenger “features” that let FB access your personal and contact’s info, from a Lifewire article:

    “Another great thing about sharing images and videos through Messenger is that the app and website collect all the media files so you can quickly sift through them.”

    “Messenger functions as a simple way to send money to people using just your debit card information. You can do this from both the website and the mobile app.”

    “Messenger lets you play games within the app or website, even while in a group message. You don’t have to download another app or visit another website to start playing with other Messenger users.”

    “Instead of using a dedicated app to show someone where you are, you can let recipients follow your location for up to an hour with Messenger’s built-in location-sharing feature, which only works from the mobile app.”

    “Although Messenger doesn’t have a calendar, it does let you create event reminders through the Reminders button on the mobile app. Another neat way to do it is to send a message that contains a reference to a day, and the app automatically asks you if you want to make a reminder.”

    “Add new Messenger contacts by inviting contacts from your phone or, if you’re on Facebook, your Facebook friends. There’s also a custom Scan Code you can grab from within the app and share with others, who can then scan your code to add you to their Messenger instantly.”

    So Facebook gathers your media (and can Facial Recognize people), accesses your debit card (and by extension your checking account) info, play games outside of the App Store system, gives away your location as you move, collects event data, can access your entire contact list and add (recruit) new users, just to name a few.

    Gee, who gets to benefit from all these “features”? And whose info get analyzed and shared (sold) by Facebook to ad companies and others? And who “guards” this data?

    No thanks, I’m not willing to give away my info or the info of others I know. Messenger is an info gathering and recruiting platform rather than a general communication service.

    But if iOS users want to freely give up that info, I hope Apple forces FB to disclose, at every decision point, what users are allowing access to. And the option to opt out.

  • Spotify says Apple One bundle is a 'threat to collective freedom' [u]

    what. the F. seriously... what is stopping Spotify from releasing a cloud based storage service and bundling that? 
    Money, money, money, which they don’t have and they don’t want to spend.  Plus the misguided belief that being a music streaming service only was their ticket.  Remember Apple being called a “one trick pony” “only an iPhone company?” over the last 4 years?

    Apparently Spotify wasn’t listening.  They paid no attention when Apple bought Beats Music.  They did nothing when Apple said we’ll double our services in 4 years.  They even want regulators to do limit their competition.

    Spotify is another Blackberry.