sacto joe

Well, we knew the ReTrumplicans have been salting judgeships for all they’re worth. Is she one? Those appointees will probably never admit that Donald Trump singlehandedly sunk Apple’s Holiday quarter overnight.

mknelson said:

lkrupp said:

So this guy has a four year 'plan' to get AAPL to $2T? Then why isn't he already Apple's CFO? But remember, the Dutch East India Company was worth $7.9T in 1637 so Apple is just a shit-house gnat, right? When Apple hit $1T for the first time this factoid went viral in the usual attempt to downplay and denigrate Apple's accomplishment. Every Apple hater has the link to this drivel saved in their Notes apps.

A rather odd comedy-parison. AAPL's valuation is the share price x share value. The DEI valuation includes capital like ships, entire countries, slaves, so much pepper!

…So much pepper…

Valuation defined by market capitalization is Share Price X Share Count. Typo?

The issue of “market cap” is a red herring. A company (Microsoft, for example) can more easily grow market cap by NOT buying back shares. The comparative Price (per share)/Earnings (per share), or P/E ratio, gives this away. While both are large Companies, Apple has about twice the revenue of Microsoft, and a substantially larger EPS (earnings per share). This shows up as a substantially larger Microsoft  valuation, or P/E ratio.

The point being that market cap doesn’t reflect real comparative value, only the comparative value that the collective market, on any given day, chooses to assign a company’s stock. True value is a much squishier quantity, and has little to do with share count or where a company’s sales are in the midst of pandemics or race riots.

Which is why we can see AAPL at these near-all time highs in these fractious times: Investors are “betting” on Apple’s long term future, not its present struggles. Also, compared to many other businesses in these times, Apple is doing quite well at staying intact.

Good on them! When life gives you lemons, make lemonade. Looking forward to Sunday!

DAalseth said:

Not a surprise at all. I work for a manufacturing company with a bunch of twenty-something technicians. Some of them would be brilliant engineers. When I’ve asked them if they ever thought about becoming an engineer they always said the same thing. If they go to University for a degree they’ll do be in debt for the rest of their life. If they get a tech certificate they won’t have the debt and will have a chance to be comfortable. As long as countries in the West, it’s not just the US, view a University education as a luxury the companies in the west will have this shortage. The same is true of engineers, scientists, doctors, and on and on. 

The amount of wasted talent working way below their potential for financial reasons is sickening.

I think this is the post I most agree with. The "socialist" nations are willing to put a shoulder to the wheel and subsidize the best students. We don't do "socialism".

You reap what you sow.

Near as I can tell, the only “questionable” issue here is the following:

”Zoom is reportedly doing what's called transport encryption. This makes the connection between the users and Zoom's servers encrypted, but doesn't prevent Zoom itself seeing the calls.”

So if you have something private to say or show, don’t use Zoom! For the rest of us, no biggie. And for many meetings, for example helping people meet for church functions now that churches have closed their doors, it’s just fine.