Tuesday, August 27, 2013



Apple stock took top hedge fund holding slot in Q2





Apple: Feds aim to "give Amazon a significant competitive advantage" in ebooks case






Translated: Amazon wants to control the ebook market like they did before Apple presented them with competition, and for some reason the DOJ is clearing the way for them to keep their monopoly.

DOJ wants more control over Apple sales policies


"The DOJ, and by extension the U.S. Government, is essentially handing the book market to Amazon and setting the price consumers will pay regardless of what books actually cost. For Amazon, it's a great deal, because it can continue conducting business just as it has. For consumers, they'll most likely pay lower prices for books and ebooks purchased through Amazon, at least for now.

As more book retailers go out of business, Amazon will gain even more of the market. When the online retailer controls enough of the market it can raise prices if it wants, although there isn't any guarantee that will happen. Selling at a loss forever, however, isn't a sustainable business model, so Amazon will need to find a place to make up the difference, and the easiest place to do that is through higher book prices."




Apple going head to head with the cellular companies

Apple training retail employees for forthcoming iPhone trade-in program






Apple's flagship San Francisco store to save landmark fountain






1985: Microsoft's first lame attempt at copying the Mac

Gates and Ballmer would eventually get the Mac OS source code from John Sculley to "create" Windows 95

Ballmer sells Windows 1.0

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