tanzam75

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361.
by tanzam75 13y ago
> Putin says war should only happen by consensus from the UN, I wonder why he didn't abide by this principle when Russia intervened against Georgia in South Ossetia in 2008. Actually, Putin stated that the UN Charter allows milita
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by tanzam75 13y ago
The French wine industry in the 19th century grew many different cultivars of grapes. Yet it still fell victim to phylloxera. In the end, they had to switch to American rootstocks that came not just from different cultivars, but from diff
363.
by tanzam75 13y ago
The secondary market actually does serve a capital allocation function. It provides liquidity to the original shareholders, and to the people who bought from the original shareholders, and so on. This, in turn, encourages people to become
364.
by tanzam75 13y ago
> (and instead use the Suite A ciphers -- it's impossible for others to break them if they don't know anything about them, right?) It is possible to break an unpublished cipher. Just more difficult, because you've got t
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by tanzam75 13y ago
Not positive proof -- merely suggestive. Which is true of a lot of things in the secret world of the intelligence services. The more you use a secret cipher, the easier it is to break. It is simply good operational practice to use a diffe
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by tanzam75 13y ago
Google Apps generates less than 3% of Google's revenues. (Probably much less.) Thus, not enough of a money-maker to influence the direction of Gmail.
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by tanzam75 13y ago
Brand recognition is the one thing that might actually have been valuable. But then, it didn't save Blackberry. Which chose the option that you seem to suggest for Nokia -- of leveraging its existing installed base into a gradual tra
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by tanzam75 13y ago
If you read my comment, you will see that I was talking about Microsoft's failed spreadsheet, Multiplan. Not Microsoft's successful spreadsheet, Excel.
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by tanzam75 13y ago
Installed base became meaningless after the iPhone changed the game. Everybody started out at 0% of a brand-new market -- including Nokia. That's why it's known as disruptive innovation. Nokia's mistake wasn't in killi
370.
by tanzam75 13y ago
In 2007 RIM had a market cap of $120 billion. Disruption is no fun for the disrupted.
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by tanzam75 13y ago
How loyal would the customer base be if Blackberry switched to Windows Phone? Would they be any more loyal than Symbian users when Nokia did the transition? This is why I mention only the patents. Those are clearly valuable. The customer
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by tanzam75 13y ago
He bought a phone for $200, all-in. The phone came unlocked, without a contract. Just put in a SIM and use it on any carrier -- including a prepaid carrier -- with or without a data plan. The way it works in most of the world. A more desc
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by tanzam75 13y ago
> Nokia has lots of debt too, which makes It cheaper No. Nokia has a net cash position of about €2 billion. (Was €4 billion before buying out the Siemens half of NSN.) No debt is being assumed in this deal, and no cash is going along
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by tanzam75 13y ago
Motorola tried the Android strategy, and got sold for even fewer peanuts. Specifically, for $12.5 billion, minus $2.4 billion for the set-top box business, minus $3.4 billion in net cash, minus $2.5 billion for tax assets. Actual cost to G
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by tanzam75 13y ago
The deal closed in August 2013. It would have been inaccurate to refer to it as Nokia Solutions and Networks when giving 2012 results.
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by tanzam75 13y ago
Yes. For example, Microsoft is permanently enjoined from restricting OEM crapware preloads. OEMs are allowed to preload whatever they wish on top of Windows. However, it's perfectly fine for Microsoft to bundle an app store -- so long
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by tanzam75 13y ago
> You are ignoring the decade+ behind WindowsCE and Windows Mobile. Microsoft has always been a player in this market. It was a very different market that Windows Mobile competed in. A market that emphasized physical keyboards, rather
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by tanzam75 13y ago
> I'm not sure why so many are predicting WPs death - it's actually doing pretty well outside the US. Here in the UK it's now just under 10%. Pundits are far too US orientated. Trouble is, the US is a large and profitabl
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by tanzam75 13y ago
That was at the end of June. In August, they spent about €2.2 billion buying out Siemens' stake in Nokia Siemens Networks. This could very well have caused some short-term cash flow issues. Which also explains Microsoft's offer
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by tanzam75 13y ago
Nokia does not have a net debt position. They have about €2 billion of net cash. After the Microsoft acquisition, €7 billion.
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by tanzam75 13y ago
Nokia accounts for 80% of Windows Phone sales. The "other OEMs" are basically HTC and Samsung. Both of which are primarily Android companies.
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by tanzam75 13y ago
Now that Microsoft is buying Nokia, it seems unlikely that Microsoft will buy Blackberry. Unless it's a firesale for the patents. Note: RIM changed its name to Blackberry Ltd, with a stock ticker of BBRY.
383.
by tanzam75 13y ago
> So, is there any Nokia left after all this? Yes, it leaves Nokia Siemens Networks and HERE Maps. Last quarter, NSN accounted for 49% of Nokia revenues, and 108% of operating profit. (Not a typo -- the phone division lost money.) HE
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by tanzam75 13y ago
> So what happens to the rest of Nokia? Nokia keeps the other two divisions. Nokia is now primarily a telecoms infrastructure company, like Alcatel-Lucent. They're pretty closely matched. Alcatel-Lucent had €14.4 billion of reve
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by tanzam75 13y ago
The corporate tax rate in the United States is 35%. The corporate tax rate in Ireland is 12.5%. (This is why multinationals like to incorporate their European subsidiaries in Ireland.) If Microsoft moved money in the United States, it wou
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by tanzam75 13y ago
The D-Wave machine is not a general quantum computer. For example, the quantum computer that factored 21 into 3 x 7 did it by using Shor's algorithm for quantum factoring in polynomial time. The D-Wave machine cannot implement Shor&#x
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by tanzam75 13y ago
> The Aldis in Illinois roughly 20 years ago were bottom-barrel discount grocery stores. Poorly maintained and all the produce was very suspicious. I don't know which half of the Aldi empire owned those stores. All Aldis in the Un
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by tanzam75 13y ago
> I wonder if it's because the jobs at TJ are so coveted that employees know if they don't bust their ass, someone will happily take their position? Yes, it's known as paying "efficiency wages." Which is menti
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by tanzam75 13y ago
Supply-and-demand. As women entered the workforce, this created more supply, which drove wages down, which forced more women to enter the workforce. Similarly, two-earner households could outbid single-earner households when purchasing rea
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by tanzam75 13y ago
She uses the term "department store" incorrectly. She means "hypermarket," where groceries are sold alongside general merchandise.

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