studiomusic

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studiomusic
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  • US cellular carriers say stopped sale of customer location data to third parties

    studiomusicstudiomusic
    AppleInsider said:
    the respective programs were in place as benefits to customers.
    Sure, sure... benefits the customer that doesn't know it's happening and doesn't get a part of the $$$. Sure, sure...
    toysandmelostkiwi

  • Apple, executives face another class action over misleading financial statements

    studiomusicstudiomusic
    22july2013 said:
    Apple could eliminate stockholder lawsuits if it took its $250,000,000,000 cash in the bank, borrowed another $600,000,000,000 by issuing bonds, and then bought back all of the outstanding $850,000,000,000 in pubic stock, thereby going private. Private corporations avoid having to issue quarterly reports and they don't even have to worry about the pressures of generating profits. Most people don't realize that the obligations to inform stockholders about business operations, financial conditions and management details consume a lot of resources and result in lost productivity. Not only that, but one's competitors gain a lot of insight into one's profit and they can compete better with you, reducing your profits. The private owners may still care about profits but the pressures aren't as great. Dell did it. Heinz did it. Burger King did it... twice. And they seem to be doing pretty fine now. Apple's $45,000,000,000 profit per year could easily pay the interest on a $600,000,000,000 loan, which at its bond rate of 4.25%, would be $25,000,000,000 per year in interest. That would mean Apple's profits would drop from $45,000,000,000 per year to $20,000,000,000 per year. That's a little over 50% reduction in profits, but Apple becomes private and therefore more competitive and profitable. If I had the $600,000,000,000 in spare cash, I'd consider that a wise investment.
    And how would you convince all of the shareholders to sell all of their shares back to Apple? At the market price today? Taking into consideration the loss of future dividends and stock price growth that a large portion of investors are wanting from their positions in AAPL.
    Those other companies went private because their stock had taken a huge beating in the months/years prior to the privatization leveraging.
    sarthos

  • EU to investigate Apple following Spotify anti-competition complaint

    studiomusicstudiomusic
    gatorguy said:
    elijahg said:
    How is Spotify allowed in the EU?
    Isn't it against the law to sell things at a loss?
    Not at all.
    I know for a fact it is illegal in France. I don't know if the E.U. has passed a law like that yet...
    AFAIK it is not against the law ANYWHERE in the world to lose money on a business venture. Hell I would have been arrested at least twice so far.  What you are apparently referring to is intentionally under-pricing products, intending to sell below cost, to drive competitors away. Yes that can be illegal. 
    Yes. Selling below cost is against the law in France unless officially sanctioned. Spotify is selling below costs.
    watto_cobra

  • EU to investigate Apple following Spotify anti-competition complaint

    studiomusicstudiomusic
    elijahg said:
    How is Spotify allowed in the EU?
    Isn't it against the law to sell things at a loss?
    Not at all.
    I know for a fact it is illegal in France*. I don't know if the E.U. has passed a law like that yet...



    *Without an arette prefectorial.

    watto_cobra

  • EU to investigate Apple following Spotify anti-competition complaint

    studiomusicstudiomusic
    How is Spotify allowed in the EU?
    Isn't it against the law to sell things at a loss?
    watto_cobra