- gregg thurman
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lkrupp said:Cynflor said:Great to have all these smaller U.S. banks coming on board, but I'd like to hear about efforts to sign on bigger retailers like CVS, Home Depot, etc.
When it comes to any payment system the retailer is hounded with fees from everywhere in the transaction chain. The bank gets its cut, Apple gets its cut, MasterCard or Visa gets their cut, etc. Where I live we have a number of independent restaurants and ice cream shops that accept only cash and have a third party ATM machine near the door so the customer gets to pay the fees and the owner gets a cut from the ATM supplier.
Until the current generation of tech-phobic retail operators retire there will be all kinds of fallacious reasons given for not supporting mobile pay of any flavor.
At the time Intel's X86 architecture had hit a clock speed wall. Pushing it any further made it unbearably hot. After examining the Alpha's design (at DEC's request) Intel incorporated significant elements of that design into its next-generation processors called Pentium. DEC sued and Intel agreed to buy DEC's fab and the Alpha design.
Funny thing about the Alpha chip. Motorola was running into a clock speed wall itself with the 68000 family of processors. Jobs approached DEC about using the Alpha in future Macs. DEC's founder and CEO (Bob Olson) refused to consider Apple's overture as he believed the Mac was doomed. Shortly after the settlement with Intel Olson was forced to step down and the Company was sold to Compaq Computers.
" It is unclear what the current goal for Apple's work is, "
What if Apple sees driverless cars as nothing more than street mapping tools. Instead of Google's Street View vehicles, that probably were on the road for about 8 hours a day, Apple's cars could be roaming streets 24 hours a day/7 days per week. What if these vehicles weren't just learning to map by GPS coordinates, but also visual landmarks, entry points, etc.
Expensive solution? Yes, but the development of the artificial intelligence/machine learning engine to do that would have applications all over the place.
International pricing is also an issue when a moderately configured 2016 MBP 15" set you back over $3700, that is also not very good.
Unlike the US where the price of an item is advertised WITHOUT sales tax, outside of the US the advertised price INCLUDES the national sales tax. If you were to deduct the national sales tax and convert local currency to US$, you will find pricing to be quite close to each other.