If there is any breach in their credit card system the road is clear for the banks to sue them for not adopting Apple Pay.
That's not the point. Their business model is easily destroyed by apple who has everything in place except content which they can buy.
They need to go all out to create a pay streaming service with a billion iTunes accounts they should get $5 a month easily with some innovations to apple TV and original content. Add a game console, apps and an independent studio contract and suddenly apple has recurring revenue and at least another 15 billion in market cap room.
Ten years is a lifetime in technology so Id keep a much closer eye on things. I love apple but have been taking profits lately and will continue to do so as the multiple expands. Apple is a great great company but they are not infallible and incapable of missteps. What do you think would happen if Jony Ive left? The people that got rich on apple bought when they were much much cheaper. Those buying now are betting on the come which may or may not be hits. Keep an eye on the watch. That will tell the tale of the next year.
His idiotic thesis was for Samsung to leverage their phones prices to undercut apple because Samsung is a diversified company. Just think about how wrong that was. The very reason why Samsung was destroyed was because their high end movie where their profits were derived was decimated by apple. Contributing almost wholly to their crash in net profits of 60% was a profit decline of 74% in their mobile business. Samsung can't compete on price. In fact on the mid and lower level XIAOMI has creamed them.
IBC is a small town basher on a penny board with no understanding of a business model and doesn't even take the time to learn basic facts when talking about the mobile business and where Samsung gets its profits.
He is nothing but a fruit man bashing a penny board. I exposed him by forcing him to try and talk about things he knows nothing about then showing his dumb words for all to read.
Seems to me Apple has an open and shut case against whoever took inside information to gain an advantage. Why don't the talking heads pick up on that?
Why can't they sue the companies he sold the secrets to? I wonder if Samsung is on that list?
In order to understand IBC you have to understand the mind of a sociopath. It is hard to believe that a person could spend endless days for years on a penny stock board saying the same things over and over and not be looking for a monetary payoff. This is the case in the imagination of a sociopath. To him he creates in his mind an importance to this board beyond the scope of a normal person's belief system. He then appoints himself the savior because he alone knows the truth and he alone has all the answers and he alone is infallible in his statements and no one can ever find a flaw in his words. There is no way for a normal person to understand this type of mindset nor is there any way for anyone to reason with him or ever expect to prove him wrong. If bat ever becomes current with its filings IBC will be the first to tell you he was responsible for the change and were it not for him alone shareholders here would be left out in the cold. Thus is the mind of a sociopath and his couple of Koolaid drinking disciples.
As more and more retailers accept apple pay the numbers become quite substantial given apple subs penchant for spending using apple pay.
They sided with the banks in the case to prove that Target is liable for damages if they didn't do all they could to secure creditors. Even if this doesn't alleviate the bank's burden any future breaches will surely favor the banks if retailers refsed to implement apple pay.
Yep 80 miles from Jersey Shore you numbnut with a shore home and a condo in Florida. I guess I sobered up since you called me a drunk predicting apple would one day sell 50 million phones in a quarter. Well they'll do closer to 70 million this quarter. As for being kicked off the LDK board you fit the saying "not all cuckoos are in clocks".
Once again you attack the messenger ignoring the message of your quotes. Who here cares if I send my money electronically or use a voucher with a check. It's a matter of preference. You never mention my numerous posts about shorting RIMM to oblivion which doubled my losses with profits. The same for my short of P from 28 to the teens but who cares,nobody. They care that their chief nemesis has been proven BY ME to be a fraud. They bring up your apple call time and again. All you have is "show me the guarantee" which post you deleted. The jig is up and I showed you for what you are a sociopathic liar and a snake oil salesmen,LOLOLOLOLOL
Now your just being silly. You want my ptin go and find it. If none of my clients got a refund I'd be out of business. In an ideal world every preparer would increase their clients dependents in accordance with trying to break even because in your words 'Uncles Sam would have an interest free loan". People want refunds. They don't care about the few dollars a month the gov't takes out because they want a forced savings in a lump sum. Anyway they would not make any money saving a few thousand and would #$%$ it away. H&R Block has a multi billion dollar enterprise advertising how they get people their own money back after letting the gov't hold their own money all year and that's my competition. Of course I set it up for my clients to get refunds.
By the way I don't build extra homes I have three properties because I have grandkids and two are in Florida and I live 80 miles from the beach.
Once again you are barking up the wrong tree trying to parse my words. Nobody cares a wit about me since I am neither long or short ABAT. I come here simply to expose YOU as a fraud and I have done that inspires quoting your own words and giving the dates they were said. People know you said apple's profit margins were sinking and they are up up up. They know you said that I was a fool for saying apple is not concerned with market share yet Android dominates in that regard yet apple makes all the profits. They know you said that Samsung would defeat apple because of their diversification by selling product cheaply thus forcing apple to do the same. Well Samsung can't give their phones away and apple is crushing them. They know you GUARANTEED apple 360 and even said the 200's by your own words and apple is over 800. I have exposed you as a fraud and the good folks here have held making money every day as bat goes up and I love every minute of it.