"The fundamental lesson to learn here is the innovator’s dilemma, in this case, only applies to Android land because all the hardware OEMs run the same operating system. As I’m fond of saying, when you ship the same operating system as your competition you are only as good as their lowest price. This is the curse of the modular business model."
"I’ll make a prediction. Samsung will be out of the smartphone business within five years."
"In terms of total market share for devices priced over $300 U.S., Apple has grown from 11 percent in the first quarter of 2015 to 29 percent at the start of 2016. That led to significant losses for rival Samsung, which saw its share tumble from 66 percent to 41 percent over the same span."
"It's not surprising for Apple executives to jump up at the same time during meetings. That's because they're all wearing the Apple Watch that's nudging them for sitting too long, says Apple CEO Tim Cook."
"The partnership will tap into GM's work on driverless cars and Lyft's software that matches drivers and passengers and calculates routes, to create a network of cars that would operate themselves and be available on demand."
""We think our business and personal mobility will change more in the next five years than the last 50," GM President Dan Ammann said in an interview with Reuters."
"At Aston Martin, Porritt was credited with making some of the company’s most iconic vehicles in recent years, including the One-77 supercar, V12 Zagato and Aston Martin DB9."
"Porritt was previously vice-president of engineering at Tesla and is said to have for worked on both the Model S and X platforms, as well as the Model 3 chassis."
"A new report from Electrek and 9to5Mac today (April 19) says that Apple has hired Chris Porritt, the former vice president of engineering at Tesla to work on “special products” in Cupertino. Before joining the electric car company, Porritt worked at Land Rover and Aston Martin, and was the lead engineer for James Bond’s preferred brand of vehicle before heading to Silicon Valley in 2013. At Tesla, Porritt worked on the chassis for the company’s most recently released vehicle, the Model 3, according to Electrek."
First case without replacement = (4/8) x (3/7) x (2/6)
First case with replacement = (4/8) x (4/8) x (4/8)
Second case without replacement = (2/6)
Second case with replacement = (4/8)
Steven Reinberg -- Sept. 3, 2014
Spending less time sitting might increase your lifespan by keeping your DNA young, Swedish researchers say.
More time spent on your feet appears to lengthen bits of DNA called telomeres. Telomeres, which protect the end of chromosomes (like the tips that keep shoelaces from fraying), tend to get shorter and shorter until they can't shorten any more, causing cells to die.
"Our data indicate that lengthening of our telomeres may be one mechanism that induces health benefits after lowering sitting time in elderly people," said lead researcher Per Sjogren, an associate professor in the department of public health and caring sciences at Uppsala University.
"Telomeres have attracted a lot of interest in the last few years because they are situated at the end of our chromosomes and have shown to be important for DNA replication and cell survival. The interest of whether telomeres may affect health and longevity has increased," Sjogren said.
Telomeres stop chromosomes from fraying or clumping together and scrambling the genetic codes they contain, the researchers noted.
Why spending less time sitting might lengthen telomeres isn't known. "That is a valid question that remains to be resolved," Sjogren said.
Dr. David Katz, director of the Yale University Prevention Research Center, said, "There has long been evidence that the more hours we spend sitting every day, the fewer days we are likely to have to spend sitting, or doing anything else for that matter. Hours per day on our backsides correlate with reductions in life expectancy."
FRANCHISE vs. COMMODITY
Sometimes Warren Buffett divides companies into franchise companies and commodity companies. A franchise company is another name for a company with a strong economic moat. In the 1991 Annual report of Berkshire Hathaway, Buffett explains that an economic franchise "arises from a product or service that: (1) is needed or desired; (2) is thought by its customers to have no close substitute and; (3) is not subject to price regulation.”
The existence of all three conditions will be demonstrated by a company’s ability to regularly price its product or service aggressively and thereby to earn high rates of return on capital.
iPhone vs. Android