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Comment Re:The incredible irony of.. (Score 4, Insightful) 353

The Apple Store wages are plenty to buy a lot of products they sell. Not everything, but I doubt that 90% of electronics store employees could buy the most expensive 20% of the products on sale either. That's besides the point because retail theft isn't about "oh, I can't afford this and want to own it" anyway. It's about "oh, I can resell this and supplement my income quite handsomely". Most of the stuff people shoplift from supermarkets (staff or customers) isn't stuff that's very overall expensive, but stuff that's easy to steal and fences well like batteries and razors. High value per unit volume, lots of volume available, fungible.

Apple basically has no reason to be doing these checks because there's nothing about their employees or product that makes it any more likely to be stolen than anywhere else. They hardly keep anything out on the shopfloor for deus' sake.

Comment Re:I'll save you some reading (Score 3, Informative) 438

A kickstarter for a version that'll launch 1lb loads up to a small portion of the speed of sound. You're not getting anything in to orbit on the back of this, just helping this guy make a marginally more convincing case to bigger funding agencies. Although if the physics and engineering made sense, I'm not sure why a marginally larger prototype than the ones they already have is needed.

Comment Re:Car Analogy (Score 1) 99

AOL is a good comparison. They had their own little corner with its own content, which AOL built and maintained, and when you paid for AOL you paid for that safe - but restricted - little selection. You might think that's a dumb idea and prefer to go elsewhere, but that's the basic idea.

Of course this makes a games console rather like a PC that could only access AOL, which is a nightmare vision that never came to pass in this universe.

Comment Re:Car Analogy (Score 1) 99

Ford doesn't take responsibility for the quality of the highways and what happens on them, although that would let them sell more trucks. (The Turnpike, now with 99% less accidents and Smoothdrive(TM)!) Microsoft does take responsiblity for the quality of Xbox games and what happens on the Live service, using that as a selling point.

Comment Re:Real value vs. representation (Score 2) 176

If you take 10% from each exchange the value will never reach zero (Zeno's paradox). Regardless, a Ponzi scheme extracts no value from the original capital. There's no arbitrage. It's a zero-sum game. That's what distinguishes it from markets, which are supposed to be about finding areas where someone has under- or over-valued something relative to its actual value, and extracting that difference.

Comment Re:Margin compression (Score 5, Insightful) 251

That's a bit like arguing that a computer's a terrible content creation tool because it's no good as a woodworking lathe or sewing machine. No, a tablet's no good for doing multi-track video editing. (Most single-display computers aren't any good at it either.) However it's a remarkable tool for gathering, organising and triaging information. (Papers, the science literature tool, is its killer app in my environment.) It's the swiss army knife of desk references. It's an x-windows client I can pass around at a scientific meeting. It's the world's least annoying way to deal with email.

Comment Re:Margin compression (Score 1) 251

For $229 you can buy a computer the size of a small book that connects wirelessly to the internet. If you can't find interesting things to do with something like that I worry for your imagination. I'd already dreamt up a dozen uses for something like that when I was a teenager and it was a ridiculous space-age fantasy.

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