macxpress said:

sandor said:

NY1822 said:

I'll place my bets on Apple vs "Industry Experts"...

you obviously don't work in the medical world & have to deal with the FDA processes.

I doubt work in that field either...You don't know anymore than they do. 

almost 20 years now, on the clinical side, not the vendor side, but i work closely with the development processes of dozens of medical devices.
I have had to write IRB protocols for non-approved devices & we have been a clinical site for FDA data gathering pre-approval as well.
we can wait 12-18 months for software algorithms to make their way through the FDA, hardware can be years in the testing & approval phases.

There was nothing a beneficial as our smart phones to document infantile spasms that were highly suspicious for epilepsy.
Taking a couple month old baby to neuro consults & EEGs is horrendously stressful to say the least - it had me emotionally numbed, and sleepless.





Sorry to sidetrack to a separate (but related) topic but....

Acthar is an example of capitalist greed trumping citizen well-being.
Price rises from $40 a vial in 2001 to $28,000/vial in 2013 and $34,000 in 2014 as new companies bought the rights.
Meanwhile, an off patent version is available in the EU for $8/vial

And Martin Shkreli is currently on trial...

mike1 said:

slprescott said:

And most forecasts show this one product adding several billion dollars of revenue to Apple.  That's amazing for a single new product.

That's ROUGHLY 6.3 million units per billion dollars of revenue. (1B/159). They sell to dealers for a little less, but close enough. They also make more margin on every direct sale versus selling through an authorized reseller.

to put that number in perspective, that means 2.9% of FY2016 iPhone buyers purchase a set of AirPods as well. 

Goldman Sachs Finally Admits it Defrauded Investors During the Financial Crisis

http://fortune.com/2016/04/11/goldman-sachs-doj-settlement/


...and three of their executives are now in the White House.


the 1% will profit highly over the next four years, and the middle class will continue to disappear.