Steve Jobs, 1985, Playboy interview:
Playboy: How about the low-priced computers: Commodore and Atari?
Jobs: I consider those a brochure for why you should buy an Apple II or Macintosh. I think people have already determined that the sub-$500 computers don’t do very much. They either tease people to want more or frustrate people completely.
Playboy: What about some of the smaller portables?
Jobs: They are OK if you’re a reporter and trying to take notes on the run. But for the average person, they’re really not that useful, and there’s not all that software for them, either. By the time you get your software done, a new one comes out with a slightly bigger display and your software is obsolete. So nobody is writing any software for them. Wait till we do it — the power of a Macintosh in something the size of a book!
I did a screensnap of that too.
There are two key issues to Xiaomi getting involved with CPUs. PadNews has an analysis, reprinted from “21st century business Herald” [Google Translate].
1) Patent protection. There are issues regarding licensing fees that have to be paid to major patent holders such as Qualcomm, Nokia (now Microsoft), and even Samsung.
2) Lowering phone prices. Here in the U.S., we find China tech to be bargain priced. In the majority of the world, it’s still priced too high in places such as India and other developing nations.
Bing Translator does the best job on this paragraph:
Just a year ago at the Beijing Forum on Microelectronics, Lei has publicly called for: chip industry should learn from the Internet free of charge, in accordance with the cost price, “Why sell thirty or forty dollars, instead of three or four dollars? If the chip free, millet high-end cell phones only 500 Yuan.” The Lei predicted that the next 3-5 years, was” certainly is based on sand, the chip company sold chips and achieved great success. ”
At that time, price 699, 799 USD red rice has just released, Lei presented at the event: “I did not expect red rice is so successful. Low end of the market there was so big, so strong market demand.” Red Rice’s success in bringing the Lei is determined in the low-end mass market a go.
Boldfaced emphasis added by me.
I don’t know when this was added to their English-language site:
We’ve had two different prices so far.
Filed under Android, Pricing
That’s just how J&R began to die. Carrying low-end, bottom-feeding, piece-of-shit tablets that no one in their right mind would drop money on.
Oh, that white tablet in the first photo? It’s from HP! But does Best Buy carry the high-end Slate 8 Pro? Hell no! I bet HP wouldn’t give them that expensive inventory on credit!
This is a company gone within the next three years.
Where the World’s Unsold Cars Go To Die
The car industry would never sell these cars at massive reductions in their prices to get rid of them, no they still want every buck. If they were to price these cars for a couple of thousand they would sell them. However, nobody would then buy any expensive cars and then they would end up being unsold. Its quite a pickle we have gotten ourselves into.
Instead of letting “deflation” do its damned job — that is, price things at market-level — the bastards in power let ordinary people twist in the wind.
When I think of all the want out there and I see all of this waste — and it can’t be only with cars — I have to ask: How long do we intend to put up with this bullshit?
Every day brings a new revelation that shows Occupy Wall Street was correct.
We are trapped in a system that’s consciously designed to keep us in a state of want and frustration. Such a system is against the innate rights of man. Such a system is illegitimate and should not exist.
Update Monday May 19 2014: I’ve had to strikeout what no longer applies because the article turns out to be plagiarized and bullshit: That Zero Hedge Article On Unsold Cars Is Bullshit.
I, more than anyone, get the appeal of this story because it seems to largely rip off an article I wrote — including the images and headline — more than five years ago (which itself was largely a rehash of a Guardian article).
Go look. Just go look. There are no words I can add.
Facebook to Acquire WhatsApp
Facebook today announced that it has reached a definitive agreement to acquire WhatsApp, a rapidly growing cross-platform mobile messaging company, for a total of approximately $16 billion, including $4 billion in cash and approximately $12 billion worth of Facebook shares. The agreement also provides for an additional $3 billion in restricted stock units to be granted to WhatsApp’s founders and employees that will vest over four years subsequent to closing.
“Forget it, Jake. It’s Chinatown…”
The PDF of Judge Cote’s ruling [direct PDF link] is filled with comedy gold. You really couldn’t make this stuff up.
1) They let Eddy Cue set the deadline
2) They bought Cue’s “once-in-a-lifetime” schtick
3) They let Apple set price caps
4) They let Apple back them into a corner with MFN
5) They all wound up collapsing like cards and settling
Did any of them ever stop to think?