nswd

Research into developing controlled thermonuclear fusion for civil purposes began in earnest in the 1950s

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Something unexpected has happened at Apple, once known as the tech industry’s high-price leader. Over the last several years it began beating rivals on price. (…) Apple’s new pricing strategy is a big change from the 1990s, when consumers regarded Apple as a producer of overpriced tech baubles, unable to compete effectively with its Macintosh family of computers against the far cheaper Windows PCs. (…)

The aggressive pricing, analysts say, reflects Apple’s ability to use its growing manufacturing scale to push down costs for the crucial parts that make up its devices. Apple has also shown a willingness to tap into its huge war chest — $82 billion in cash and marketable securities last quarter — to take big gambles by locking up supplies of parts for years, as it did in 2005 when it struck a five-year, $1.25 billion deal with manufacturers to secure flash memory chips for its iPods and other devices.

By buying up manufacturing capacity ahead of time, Apple forces its competitors to scramble for the parts that are still available, raising costs for their products, analysts say. Apple is the biggest buyer of flash memory chips in the world, according to the research firm iSuppli.

{ NY Times | Continue reading }

I will spend my last dying breath if I need to, and I will spend every penny of Apple’s $40 billion in the bank, to right this wrong,” Jobs said. “I’m going to destroy Android, because it’s a stolen product. I’m willing to go thermonuclear war on this.”

{ Me & Her | Continue reading }

I watched the 60 Minutes interview with Steve Jobs’ biographer last night (video here), and I was aghast at something I learned: After Jobs learned of his pancreatic cancer, he delayed surgery by 9 months.

That decision was met with a massive push back from his friends and family. It was horrifyingly bad judgment. And, it likely cost him his life. He came to realize this towards the end of his life, according to his biographer.

{ Barry Ritholtz | Continue reading }





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