weakness in china. is that good or not. i forget?
― π ππ’π¨ (caek), Wednesday, 2 January 2019 21:44 (five years ago) link
Net cash neutral suggests they plan on matching stock buybacks and cap ex to cash flow. Ie, if net cash neutral in 2019, they'd have $130B on the books in 2020.
― Sanpaku, Thursday, 3 January 2019 00:24 (five years ago) link
feel like this is all karma for getting rid of the headphone jack
fuck u apple
― longtime caller, first time listener (man alive), Thursday, 3 January 2019 00:33 (five years ago) link
They have a business model predicated on phone users updating on an annual or biannual basis. I'm perfectly content with a $40 pre-paid plan (ie, no subsidy for phone purchases), and buying whatever iPhone is available at the $150 mark on gazelle.com should I break the screen. 5S forever.
― Sanpaku, Thursday, 3 January 2019 00:38 (five years ago) link
As Apple goes, so goes the Nasdaq. pic.twitter.com/OxGyEWGKeG— Rene Nielson (@nielson_rene) January 3, 2019
― ... (Eazy), Thursday, 3 January 2019 05:28 (five years ago) link
airpods look atrocious. Stock should tank purely for that reason.
― Yerac, Thursday, 3 January 2019 16:16 (five years ago) link
Have the last 3-4 generations of iPhones had any important innovations at all? Like there's no reason for me to get a new one, especially knowing that it doesn't even have the headphone jack. All the "new" stuff feels gimmicky and unessential. Perhaps not Apple's fault - I'm not sure what there is left to do in the smartphone space - but relying on customers dumping a grand for tiny incremental upgrades is pretty dumb
― frogbs, Thursday, 3 January 2019 16:22 (five years ago) link
the upgrades are getting more and more incremental yeah, unless they can convince the mass populace that they need to play fortnite on their phones there's not a lot of reason to upgrade more than once every 4 or 5 years anymore
― ciderpress, Thursday, 3 January 2019 16:24 (five years ago) link
I think the price is up in part bc carrier subsidized upgrades are kinda going away and people are replacing their phones every 3-4 years instead of every year or two like clockwork.
― I have measured out my life in coffee shop loyalty cards (silby), Thursday, 3 January 2019 16:25 (five years ago) link
my kids were happily playing fortnite on my old 5s for days until i caught them at it
― illegal economic migration (Tracer Hand), Thursday, 3 January 2019 16:27 (five years ago) link
hell i upgraded from a 2014 phone to a 2019 phone and sure everything loads a bit faster but the only major difference to me is the battery life is like 10x longer
― ciderpress, Thursday, 3 January 2019 16:28 (five years ago) link
trust trump. the chinese will come around soon!
― reggie (qualmsley), Thursday, 3 January 2019 16:35 (five years ago) link
I gave up my iphone and went to a cheap unlocked motoG 3-4 years ago. Completely fine.
― Yerac, Thursday, 3 January 2019 16:37 (five years ago) link
Weβre No Longer in Smartphone Plateau. Weβre in the Smartphone Decline.
If you bought a new iPhone 3G in 2008, and then a new iPhone 4 in 2010, you were buying markedly different machines, with the iPhone 4 sporting a Retina display, a much better battery, a faster processor, and a sleek, sharp-edged design. If you bought an iPhone 6 in 2014 and then an iPhone 7 in 2016, that expected improvement was much harder to mark (except, perhaps for that fact the the iPhone 7 didnβt have a 3.5mm headphone jack).
― mookieproof, Thursday, 3 January 2019 17:04 (five years ago) link
> only major difference to me is the battery life is like 10x longer
Less a matter of technology improvements than charge cycles taking their toll on the battery. The iPhone is notoriously ill designed for battery replacement (My old iPhone 4 had to be pretty completely disassembled), but for $29 from iFixit I'd do it again.
― Sanpaku, Thursday, 3 January 2019 17:22 (five years ago) link
xp resolution on those cameras sure didn't decline
― Sufjan Grafton, Thursday, 3 January 2019 17:26 (five years ago) link
The next apple product i will buy will be whenever they have a swank med alert bracelet.
― Yerac, Thursday, 3 January 2019 17:28 (five years ago) link
oh wait, looks like the apple watch may do this.
― Yerac, Thursday, 3 January 2019 17:29 (five years ago) link
xps wow, going from 305 million to 1.46 billion phones shipped globally in only seven years might have had something to do with the market saturation...
― Nhex, Thursday, 3 January 2019 17:30 (five years ago) link
β ciderpress, Thursday, January 3, 2019 11:28 AM (one hour ago) Bookmark Flag Post Permalink
the only reason i got a new phone, and it was totally worth it tbh
― bros before HOOS (voodoo chili), Thursday, 3 January 2019 17:32 (five years ago) link
just walked past the apple store and there was a tv reporter doing a remote: 'apple's stock is down 30% since early november . . . '
― mookieproof, Thursday, 3 January 2019 21:04 (five years ago) link
This still doesn't look to me like we've reached capitulation, yet. It looks like there are still money managers trying to ride the big swings.
― A is for (Aimless), Thursday, 3 January 2019 22:51 (five years ago) link
the only new Apple product I would buy would be a new ipod lol
― Ξα½ΟΞΉΟ, Thursday, 3 January 2019 22:54 (five years ago) link
ditto
I have a 160 classic with a battery on the wane, not sure what to do
― frogbs, Thursday, 3 January 2019 22:56 (five years ago) link
Buy a couple-year-old iPhone and use it without a SIM?
― DJI, Thursday, 3 January 2019 22:58 (five years ago) link
Then you can use Spotify/Apple Music/SoundCloud and Zing/ILX while you're at it.
might do that but they only go to 128 GB and I don't wanna delete a bunch of stuff off it
think I'm just gonna subscribe to Apple Music some day so I can have everything on the cloud at least, but I don't wanna pay $9.99 a month for a service I'm not really gonna use
― frogbs, Thursday, 3 January 2019 23:00 (five years ago) link
I just got rid of my 160GB Classic that I'd had since 2011. Replaced it with the Sony NW-A45 Walkman, which has a 16GB internal hard drive but also takes a MicroSD card. I'm using a 200GB card at the moment.
― grawlix (unperson), Thursday, 3 January 2019 23:07 (five years ago) link
You should look for a better price, thoug - when I bought it last month it was $178.
― grawlix (unperson), Thursday, 3 January 2019 23:11 (five years ago) link
yea I'd love something like that but I have so many playlists and junk built into iTunes that I don't yet wanna move away from that. Apple got me there.
― frogbs, Thursday, 3 January 2019 23:14 (five years ago) link
xpost aimless, i don't think we are anywhere near capitulation. I posted somewhere else that I was waiting for the second trading day of the new year to see if I wanted to go long anything. I am picking up tiny, tiny amounts of a couple of equities but I think this entire month will be really volatile.
― Yerac, Thursday, 3 January 2019 23:55 (five years ago) link
wework is an interestingly weird company (strange funding rounds with softbank, weird real estate financing gymnastics), but this is also not a good sign in general
WeWork has flown its entire global team to LA for 3 days, rented Universal Studios and hired the Red Hot Chilli Peppers. Letβs remember this when the down rounds come.— Dave Thomson (@theboydigital) January 10, 2019
― π ππ’π¨ (caek), Friday, 11 January 2019 17:32 (five years ago) link
I remember when Limewire had its office in NYC and they had this really great rooftop hangout, catered lunch, yearly team vacations to Costa Rica.
― Yerac, Friday, 11 January 2019 17:35 (five years ago) link
I remember when the generic Irish middleware company my friends worked for had 'end of JavaOne' party and hired Spinal Tap.
― Andrew Farrell, Friday, 11 January 2019 17:47 (five years ago) link
Yeah that kind of thing still goes on. I am going to Scottsdale Arizona next week for example lucky me. But that WeWork trip is kind of out there for a company that loses money and leases more real estate in Manhattan than any other entity.
― π ππ’π¨ (caek), Friday, 11 January 2019 17:48 (five years ago) link
We went to Vegas last year and there were so many complaints from engineers about how much it cost and how awful Vegas is that this year theyβre sending half of us to Scottsdale and half to Seattle.
― π ππ’π¨ (caek), Friday, 11 January 2019 17:49 (five years ago) link
In 2018 is it still super-expensive to get the Red Hot Chili Peppers?
― Guayaquil (eephus!), Friday, 11 January 2019 17:50 (five years ago) link
caek I can't believe you're not coming to Seattle, rude
― I have measured out my life in coffee shop loyalty cards (silby), Friday, 11 January 2019 17:54 (five years ago) link
in the neighborhood of $1,000,000 xp
― rip van wanko, Friday, 11 January 2019 17:55 (five years ago) link
haha, i didn't get any say, but truly i am all about the 0% humidity and golf courses and rotting from the inside so scottsdale is perfect
― π ππ’π¨ (caek), Friday, 11 January 2019 18:28 (five years ago) link
https://www.bloomberg.com/opinion/articles/2019-01-08/wework-gets-a-visit-from-financial-reality
this is not a company that should be flying a global workforce to one of the most expensive conference cities on earth
― π ππ’π¨ (caek), Friday, 11 January 2019 18:44 (five years ago) link
This is a firm whose valuation only really makes sense if it grows at double-digit rates for years to come, while managing to maintain its rental prices even if the era of cheap financing comes to a halt.
lol
― I have measured out my life in coffee shop loyalty cards (silby), Friday, 11 January 2019 18:48 (five years ago) link
i had a desk at the wework in DTLA for november. i needed it for a specific project, but gave some thought to keeping it. in the end, the sheer amount of sponsored content events that they were clearly getting a cut of was too much. the final straw was someone who'd paid wework to have the opportunity to sell her custom kimonos in the coffee area. a company that needs to shill custom kimonos getting softbank money and signing 99 year leases seems like a top of the market signal as much as the apple letter about china.
― π ππ’π¨ (caek), Friday, 11 January 2019 18:50 (five years ago) link
I like looking up the wikis of the founders of these types of companies. Always weird tidbits.
― Yerac, Friday, 11 January 2019 18:53 (five years ago) link
FT says Ivanka Trump's name is being floated to head World Bank. https://t.co/wbNL7AcAym— Alan Rappeport (@arappeport) January 11, 2019
― reggie (qualmsley), Friday, 11 January 2019 23:44 (five years ago) link
>i had a desk at the wework in DTLA for november.
a friend stayed at a welive for a while. let's just say that several of the people that she thought were renters there, supporting themselves by offering friendly dogsitting / grocery services, she learned later were all on payroll. my friend is on the trusting side, but I think her confusion was encouraged; the intent is to help you feel more 'at home' in this place than at your average hotel. it's an odd trade off; I can see how you could argue this minimizes some power imbalances / dignifies certain kinds of work. it is also obviously pulling off the trick of making certain relationships even more invisible: there's no 'help', only fellow contractors just like you. but those welive rooms don't rent for cheap.
and the phrase 'complimentary disco' should strike terror into anyone's heart
― Milton Parker, Saturday, 12 January 2019 01:04 (five years ago) link
Only thing worse: 'mandatory disco'
― Ned Raggett, Saturday, 12 January 2019 01:50 (five years ago) link
βmandatory discoβ is a dystopia i can lol tho
― Hunt3r, Saturday, 12 January 2019 15:25 (five years ago) link
just a little paper trade here, but see how on the SPY we seem a little overbought and keep butting up against 259 but can't break it, this would seem to be a fairly obvious opportunity for a short swing trade. But given that, but also how this market seems to like to clear out all stoplosses on "obvious" trades, I think the best call in the very near term is long SPY here to at 258 with 261 target in the next 2 days let's see
― rip van wanko, Monday, 14 January 2019 18:29 (five years ago) link
objective met, now look for a little spike today or tomorrow to go short imo
― GarugBand (rip van wanko), Wednesday, 16 January 2019 17:45 (five years ago) link