Perhaps Apple is overstreching a bit too far here; I for one think the backlash isn't worth that 30% cut.
Some of the biggest expenses in publishing are PPP: paper, printing, and postage. For publications sold at newsstands there is also waste (unsold copies). Apple's 30% cut could easily be less than postage/delivery alone depending on the revenue model. Typically most of the revenue comes from advertising, so 30% (assuming subscription alone) could be seen as a huge bargain.
but as a whole, [Microsoft's] P/E is better than Apple's (even if they do have a lower market cap).
Better is in the eye of the beholder. Apple's earnings growth rate is much higher than Microsoft's. Since Q1 2006, Apple has averaged a nearly 62% earnings growth rate (and last year was almost 155%). Over the same period, Microsoft had an average earnings growth rate a of 23% (55% last year).
Investors give a higher P/E to companies with higher sustained growth (so long as nothing brings doubt about the future prospects of growth). Those earnings could be paid out as dividends, and thus the investor "owns" a stake in those earnings (plus any cash, property, etc less debt) proportional to their stock holdings and thus will pay more in order to make more. If Apple can sustain that average growth rate for another 5+ years, the current P/E will look like a bargain. In a better economy (less perceived uncertainty about future earnings), Microsoft's P/E might look more like Apple's (but then Apple's would be higher than it is now, too).
Really? Ask Wordstar, Wordperfect, Lotus 1-2-3, dBaseIII, Netscape, and countless other companies what fat lot of good the early lead did for them?
I would argue that most of those companies blew their opportunities by failing to adapt to rapidly changing technologies. Indeed, almost all of them failed at the transition from text-based to graphics-based interfaces. Netscape, however, had an issue with a competitor that could throw enormous money developing a browser that it could then give away. One could say that Microsoft learned that style matters (as punctuated by Apple's reemergence). What it also shows is that disruptive technologies can dethrone the king if the king isn't paying attention.
0.99999[repeating] don't have a last digit by virtue of being infinitely long
It's last digit is 1 (as is it's first and only digit).
I hate patents as much as anyone else, but: 1) This isn't so obvious, and requires some fairly complex math 2) It is pretty complex (in the way it functions), enough that i would actually consider this patent-worthy.
I would add that at least this patent is not solely a software patent; it has a hardware component.
Scientists will study your brain to learn more about your distant cousin, Man.