Apple: The New Wal-Mart - Page 2 - Calgarypuck Forums - The Unofficial Calgary Flames Fan Community

Rathji · 03-12-2010, 11:38 PM

iMaxi Maxi Pad iPad Case from Etsy

getbak · 03-13-2010, 06:14 AM

Quote:

Originally Posted by Shazam

And know Geico? It's run by him.

And Dairy Queen.

QuadCityImages · 03-13-2010, 07:16 AM

And Burlington Northern Santa Fe railroad. And MidAmerican Energy... and a bunch of stuff.

bluejays · 03-13-2010, 07:34 AM

Quote:

Originally Posted by Rathji

Can someone explain what a Market Cap is? I am sure I could google it and figure it out, but I know Slava is looking to take a break from banging out his next newsleter so...

It's simply stock price x number of shares outstanding in the market.

Rathji · 03-13-2010, 08:26 AM

Quote:

Originally Posted by fleury

It's simply stock price x number of shares outstanding in the market.

I assume this means all shares of the company? What circumstances would lead to a company not being worth that amount as Slava contends? Speculative price increases?

Shazam · 03-13-2010, 09:01 AM

A very simple yardstick is to look at their Price/Earnings ratio. Apple's is 22, which actually isn't too, too high.

Slava · 03-13-2010, 03:53 PM

Quote:

Originally Posted by Rathji

I assume this means all shares of the company? What circumstances would lead to a company not being worth that amount as Slava contends? Speculative price increases?

If you bought every share of the company and say it cost you $100 (for ease of explanation here...not implying that Apple or any other company is worth this!). The company has a market cap(as in market capitalization) of $100.

If the assets and sales and whatever you are using to value the company are worth $100 you are even and the company is selling at fair value. If these things add up to $90 you are paying too much, and at $110 you are getting a deal. The methods to properly value a company are much more complex than what I'm alluding to here, and different people have different ways of doing this. Some people have no way of doing this and just buy stuff because it sounds like a good idea (kind of like how my wife picks winners for her football pool...by the team names and uniform colours).

Not to turn this in a whole thread about stocks (like we need more of these!), but there are some investors (growth) who will pay for what they believe that the company is going to do going forward. So if the company is priced properly at $100, but they think that it will pursue a course of action, or sell a lot of goods then they will pay the $100 in hopes of the growth being accurate, and aim to get their return based on this growth of the company.

Other investors (value) will buy the stock at 90 to get the $10 that its undervalued by. At $110 the value investor is not at all interested. Of course some of the stocks that sell for $90 never get back to $100.

Your question about why people pay too much or buy stocks for too much is way to complex to get into (especially in a thread like this!). If you are really interested PM me and I'd be happy to stand on my soap-box though!

expatflame · 03-13-2010, 11:52 PM

Quote:

Originally Posted by SebC

PC: If you're using Vista, you're doing it wrong.

I do things on my PC that are simply impossible on a Mac. Well, I mean a Mac could do them, but I'd have to turn it into a PC first. I plays games that don't exist for Mac, run software that doesn't exist for Mac, and use hardware that doesn't have drivers for Mac.

The things that Mac does do better, I either don't do very much or the difference isn't that big.

The same can be said for Mac. Most of the software I use on a Mac, doesn't exist for PC either. iPhoto, iMovie, Keynote, Garageband, Pages and Numbers are all amazing programs. If you are into using media all, it's soooo much easier on a mac. But I guess it's whatever you are used to. Most software I can find the equivalent or better on a Mac. I'll admit for gaming, PC is better but I don't play that many games anymore so doesn't bother me. There are some decent games out there though.

Rathji · 03-14-2010, 01:45 PM

Quote:

Originally Posted by expatflame

The same can be said for Mac. Most of the software I use on a Mac, doesn't exist for PC either. iPhoto, iMovie, Keynote, Garageband, Pages and Numbers are all amazing programs. If you are into using media all, it's soooo much easier on a mac. But I guess it's whatever you are used to. Most software I can find the equivalent or better on a Mac. I'll admit for gaming, PC is better but I don't play that many games anymore so doesn't bother me. There are some decent games out there though.

I have never 'used' a present day Mac, so excuse the ignorance when I ask, what do thse programs do that don't have comparable options exist on a PC? I trust you that they are amazing, but from my knowledge of them they have PC alternatives, so correct me if I am wrong.

And on the flip side, what programs (aside from most games) cannot run and do not have a comparable option on a Mac that is not running windows?

burning_acid1 · 03-14-2010, 02:30 PM

I hate Walmart for their practices re: wage received by workers.

Rathji · 03-14-2010, 02:43 PM

Quote:

Originally Posted by burning_acid1

I hate Walmart for their practices re: wage received by workers.

This has always confused me, if a company doesn't pay its staff enough yet people continue to work there, whose fault is it? The workers or the company? At some point, there is a natural equilibrium where if they didn't have enough employees they would need to raise the wage.

The only argument like this against Walmart that has ever made sense to me, is when I worked in a union shop thier newsletter had a peice about Walmart made my benefits cost more because those who work there typically get benefits from an external source, ie spouse, parents etc. So this drives up the demand on the benefit providers, making them increase their costs.

Azure · 03-14-2010, 05:36 PM

Quote:

Originally Posted by burning_acid1

I hate Walmart for their practices re: wage received by workers.

Yes, because Walmart workers should all make $20+/hour.

Such a policy would probably wreck the economy.

GGG · 03-14-2010, 06:07 PM

iphoto is a piece of crap. Terrible photo management software even for small individual use.

SebC · 03-14-2010, 07:19 PM

Quote:

Originally Posted by Rathji

And on the flip side, what programs (aside from most games) cannot run and do not have a comparable option on a Mac that is not running windows?

Well I dabble in Stereo3D photography.

StereoDataMaker puts custom firmware onto my twin cameras that allows me to sync their shutters and is PC only... their recommendation for Mac users is to get a friend with a PC to do it for you.

Apple's stereo 3D viewing solution is great for a laugh... CRT? Woohoo!

And hey, I like my games too.

I-Hate-Hulse · 03-14-2010, 08:45 PM

Quote:

Originally Posted by Rathji

And on the flip side, what programs (aside from most games) cannot run and do not have a comparable option on a Mac that is not running windows?

Canadian T1 Tax Software from a reputable source isn't readily available for a Mac. There are a few hosted solutions, but I find they lack the ability to handle certain situations available in the installed versions. That and I don't like data like that out of my hands.

Rathji · 03-14-2010, 10:09 PM

Quote:

Originally Posted by I-Hate-Hulse

Canadian T1 Tax Software from a reputable source isn't readily available for a Mac. There are a few hosted solutions, but I find they lack the ability to handle certain situations available in the installed versions. That and I don't like data like that out of my hands.

I haven't tried any of these of course, but there does seem to be a few that are not web based in this list.

Software that isn't identical but does the same thing certainly counts.

Winsor_Pilates · 03-14-2010, 11:24 PM

Quote:

Originally Posted by Nage Waza

I am a ###### because I have a mac? How does that work? I also have a PC, or three. And I am very happy with my mac. I did not realize I was a ###### if I bought a computer with a different operating system. Did I mention I also have a little computer running linux? I also listen to Cannibal Corpse in case you needed more ammo.

Hey, don't feel so bad, I have a Mac and a BMW.

Guess I'm an extreme ###### for the type of computer and car I have.

I've always found a more tell tale sign of a ######, is a guy who calls people online, that he has never met and knows nothing about ######s based on simple and unrelated things like computer brands and cars.

FanIn80 · 03-14-2010, 11:49 PM

Quote:

Originally Posted by I-Hate-Hulse

Canadian T1 Tax Software from a reputable source isn't readily available for a Mac. There are a few hosted solutions, but I find they lack the ability to handle certain situations available in the installed versions. That and I don't like data like that out of my hands.

QuickTax for Mac, much?

Yeesh.

I-Hate-Hulse · 03-15-2010, 12:05 AM

nm

I-Hate-Hulse · 03-15-2010, 12:25 AM

Quote:

Originally Posted by Rathji

I haven't tried any of these of course, but there does seem to be a few that are not web based in this list.

Software that isn't identical but does the same thing certainly counts.

Yup, I've see that chart before. As I mentioned earlier, there no native OSX T1 software from major developers, only a few small time developers. Doubt they'd cover any damages from a botched calculation. You're only left with the hosted online solutions.

Agreed, the functionality is similar but I know a number of people that aren't comfortable with sending their full taxation and financial details to a 3rd party processor.