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Comment Re:great feature (Score 1) 23

Yeah not sure why Apple can't reach an agreement with Masimo unless Masimo wants some unreasonable fees. Searching on the web shows a fee schedule of 10% but it seems to indicate the fee would only be on the value increase of adding the SpO2 sensor so one would thing that it negligible compared to the sale price.

Comment Affirm And FICO Sitting In A Tree... (Score 1) 96

What is Affirm’s revenue model and how does it make money?
Affirm’s success is fundamentally aligned with consumers and merchants as we win when they win. The diversity of our business model is also a key area of strength for Affirm as we earn revenue through five primary channels.

1. We generally earn revenue from merchants when we help them facilitate a transaction. This is commonly referred to as our merchant discount rate.
2. Affirm generates revenue through the simple interest-bearing loans we facilitate on our platform. The revenue from these transactions are recognized over the life of the loan.
3. We earn interchange fees when consumers use our virtual card over established card networks.
4. We sell a portion of the assets originated in our platform to third-party investors and recognize a gain or loss on the sale of these loans.
5. Lastly, we make money by providing loan services on behalf of third-party investors that have purchased consumer loans from us. Affirm never sells the servicing rights to outstanding consumer balances.

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