I think it was something like $500 million investment...Not sure if they ever sold it though, or what form that investment took...whether they got common shares, or preferred shares...

Or maybe Steve just scribbled out: "Bill, IOU $500B....thank's for saving my company from bankruptcy."

Thats what I don't quite get...on the surface of it, especially if legacy desktop apps will not work on it...why would they even bother making desktop mode available for the ARM version?
What current software do these consumers have now that they would feel the need to run out and re-purchase to run on a tablet?
As their earnings stand today...at about 35 billion a quarter, they are doing just fine and the stock is fairly, if not under-valued based on current earnings.

But...at some point, the market gets saturated, cannot keep growing at that rate forever...they have had a good run. Makes me nervous though as to how long they can keep the same customers in the buying cycle, basically households shelling out $1,000+ every year for the latest greatest Apple products. How many years can they keep that number of households spending that kind of money? $500 billion dollar question there...

I am not going to bet against them though...lol

I agree...that always has been their biggest strength and biggest vulnerability...that, in the end, they still are a very well run company selling high priced, high margin luxury items.

And that business can be like being the owner of the super-hot bar/night club in town. Packed night in and night out one month...a ghost town the next.

At first glance, my thinking was the same as yours.

But with a forward P/E at around 10...not a bubble.

I tend to agree....what goes up, must come down eventually. I mean, right now...wonder what Apples stock price @ $493 is at in terms of the ratio to forward earnings. Gotta be sky high....

Correction...I just checked, their forward P/E is about 10, current P/E = 14. Surprising.

I agree...back before the iPod, iPhone and iPad Apple could have been crippled at numerous times if Microsoft decided not to put out Office for the Mac. Not these days though, does not seem that desktop computing is probably all that big a slice of Apple'e revenue pie anymore.
I am sure so is Microsoft...LOL
Maybe I did not read enough of the news, but had no idea Battlefield requires the player to be online, even on the console version, even just playing the SP campaign.

Discovered this the hard way a few weeks ago, we had some bad weather, cable went out so not inter-webz (OMG!). Decided I would just play some SP BF3 campaign instead...but found out the stupid-ass game would not let me play the single player campaign, by myself, because there was no internet connection.

First time ever I have encountered that....truly a WTF? moment. I was like, seriously? You will not let me play my own flipping single player campaign / game without a connection?

I swear, if I had known that before I bought the game, there is a very real possibility I would not have bought the game.

Well, ok thats fine, I point the finger at you for your gluttony driving that small car instead of walking...

The point is, it's all relative, not so simple as to say, drive a big truck and your an evil a-hole with a tiny soul.

And no, for the record, I do not drive a large car or truck...lol

Huh...I read Gizmodo because they post stories that are interesting to me...about technology.
Well, seems like there was a clear owner...BofA, but like so many of these other properties out there today, was just a case that BofA probably had no idea he was there adversely possessing their property.

Washington state, I think it is like 5-7 years that someone has to adversely possess property before they can try to legally call it their own.

Important lesson I remember from my Real Estate Law professor back in college...if you all see that a neighbor has built a fence too far over the property line, or built a shed in the back corner of your property, or anything like that,.... even if you don't care, make sure you get it in writing that you are allowing them (ideally renting to them for $1/year) to use your property.

Otherwise, after that statutory period in your state, you just may discover that back corner of your property is now owned by your neighbor.

There is an extremely fine distinction / line between adverse possession and criminal trespass. Pretty sure most people out there have no clue about that distinction. And hey, worst case scenario, particularly in a state like Texas....they may find themselves being shot at as they try to "adversely possess" someone else's property.
Well, I guess to that end, if degree of safety as it relates to the size and mass of the vehicle being driven is the measuring stick...your being selfish for driving that small car, when you could have gotten a moped. And the moped rider is being more selfish than the the person riding a bicycle. And the bicyclist is being more selfish than the person walking.

And ultimately the person out walking is even being more selfish than the person that did not leave their house.

So, your saying that all people that are selfish enough to leave the house and interact with others....thus putting those other people at risk of being harmed through said interaction, to one degree or another...they all have tiny little souls too. Which makes it pretty much everyone.

Definitely are a lot of selfish people in the world...but not sure what the size of the car has to do with any of that? If those people were speeding through the school zone in a Kia that would be ok then, is that what your saying?
I would definitely watch Chris Hansen's "To catch a troll"...lol
Cool video, story from Seattle PI.com...
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