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Comment Re:Wrong by law (Score 0) 601

He certainly had no qualms about cashing the checks from Booz Allen, despite the knowledge of their immoral behavior. He should donate the whole of his earnings from Booz Allen to charity (or the EFF or ACLU or some organization that defends personal privacy/liberties) before he or his supporters claim moral superiority.

Comment Re:Shark Tank, other ideas (Score 1) 205

My favorite "if we can only get a sliver" anecdote is from the late-90's tech bubble: Supposedly the business plan of BBQ.com was "Americans spend $4 billion a year on grills and grilling supplies. If we can capture just 10% of that..."

(I'm pretty sure I read that in a Po Bronson book/article, so take it with a salt lick.)

Comment Re:Who pays? (Score 1) 153

Filing a law suit should at an absolute minimum require the plaintiff to pay some costs to the defendant (perhaps the smaller of the legal costs incurred by either side) should the plaintiff lose. This will help to minimize the number of frivolous lawsuits and so minimize the quelling impact of such lawsuits on society.

Aside from reclaiming legal costs, how about the plaintiff stands to lose the amount of compensatory and punitive damages they seek? That'll bring frivolous lawsuits to a halt with a quickness, and will probably keep amounts sought reasonable in legitimate suits. (Keep the appeals process in place, of course.)

Comment Re:Dumbest idea, ever (Score 3, Interesting) 282

Agreed. Repurchasing and boosting the dividend when the stock traded above $700 might have been a good idea; doing so when it's hovering around $400 with a PEG ratio of 47% is a good idea. Buying back your own stock at a discount to what it's worth, while simultaneously returning cash to shareholders and appeasing a huge PITA activist investor? That's smart.

Financing the buyback with debt is a tiny bit worrisome, but Apple's probably just taking advantage of the low interest rates their high credit rating and hoard of cash afford them.

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