The flaw in this Apple-Pay venture is that they are introducing a new form of payment to select minority group of people affecting (or trying to impose upon) all merchants. Imagine Volksvagen came out with a car that pumps the gas for you. Do you think everyone will rush out and get VW? No way. And VW requires that in order to accommodate their new vehicles all gas stations now must install a new pump station. Not a chance. This whole venture is thought up with only one purpose. And that purpose is not to provide secure way of payment. Of course it has to be secure and that is not even an option. The real purpose is to make more money for Apple. And since money just don't grow from trees it has to come from somewhere. Someone is going to pay more for this Apple Pay and that usually is the consumers. One way or another they will get it out of you. That is besides the point. The point is that a new form of financial transaction cannot only serve select group of people. That is just purely idiotic, arrogant, and flawed business model.
In trying to solve a problem Apple Pay creates a new one. It may be more secure to pay with Apple Pay and consumers may leave their plastic cards at home. But what Apple don't realize is that people will never leave their wallets home even without any credit cards. There are some things you cannot buy with credit card either plastic or Apple Pay and that means wallet has to be there to carry some cash. Then there are insurance cards, grocery market discount cards, entertainment club card, AAA card, receipts, wallet size paper pictures, etc etc. The day of no one carrying a wallet is a far fetched idea only good in selling the product.
Another aspect of physical wallet is that it is carried in the pocket or purse and only taken out when needed. Phone is mostly carried and out in the open more than it is in the pocket or purse. People are glued to their phones now days. All that gigabytes of data just a one "take-it-and-run" away from being lost. It is unbelievable how much personal data are carried around in the phone by so many people. And docking this phone to near-field grid is like opening a door to your device. There is no lock that cannot be broken into.
The most critical issue that will render Apple Pay dead on arrival is its inconvenience. Contrary to what Apple have claimed and hope to be true the usage of Apple Pay is not going to be convenience to shoppers. Imagine going from point A to point B by first going through C to Z. All these security step after step after step with privacy to make a transaction when you can just pay cash and be done with. Imagine having an issue with a transaction and trying to decipher what is what, who's responsible, at what point of the transaction was there a glitch or error. It is a huge task to keep up to date and enormous amount of support hours to keep it going smoothly. The more parts there are in a car the more parts to break down. There are just too many points of failure for the sake of convenience.
Mr Cuban is in panic mode. NFLX will drop even further. Just think about Costco. Why go though the middle man when you can sell directly to consumer? Netflix is nothing more than a middle man now with more and more TV/Movie companies selling directly to consumer. NFLX will tank down to sub $100.
Exactly. He probably owns boatloads of NFLX shares and lost millions. He thinks he can pump it up by twitting stuff like that. That's so obvious and transparent. Netflix P/E is still over 100 after 25% drop. It will continue to drop as all independent channels provide streaming video. Watch out below.
I'm not an expert in any way but I will give you my two cents on this matter. Within last 12 months Amazon Music and Samsung Milk has joined the band wagon and with Apple Radio, Spotify, and Sirius Internet Radio in the crowd I can't imagine substantial increase in listening hours for Pandora. There is a limit to how much listening hours can be generated by the population and it's being split into more pieces. I think that's what's happened to Netflix. The numbers will not go up forever and at some point will stagnate. At that point the business model has to be able to sustain itself with cash generated. The stock has already given up a lot due to overall market conditions so it's a tough call as to what's going to happen after the earnings report. It all depends on the numbers.
The difference between Pandora and other listed companies with streaming music platforms is that Pandora has nothing else to survive. For other platforms like Apple music, Amazon music, and Samsung Milk this music business is a side project. They don't depend on streaming music for survival and hardly makes any dent in their overall business. But they can continue to improve and take away market share from Pandora which has nothing else to fall back on. I think there will be some mergers and consolidation of streaming music companies but for now Pandora is a liability since they don't make any profit. No one would pay to buy a company so it can continue to lose money.
I think Intel needs to diversify its products and have full control of wireless technology. At this price there is a risk Samsung may take over and dominate the wireless market.
I agree. At least with Amazon Prime you get free 2 day shipping, a book a month, and streaming music. Netflix has nothing else to offer other than video. P/E of 40 sounds about right.
Unlike HIV where people in Washington didn't feel direct threat to their lives the Ebola virus threatens the lives of every single one of them if uncontrolled. There are only few things that motivate into fast action. One is money. The other is threat to their lives.
In a down market the companies that drop most are the ones with huge P/E ratio. NFLX p/e is still over 100 after 25% drop in price. Pandora doesn't even have a P/E ratio since earnings is negative. This company is 100% speculation. Unless earnings shows uphill trend that will eventually turn positive the price will drop if earnings disappoints. This company has great product but the business model is unsustainable.
Just be patient as Samsung, LG, Sony, Microsoft, and Apple incorporate wireless charging technology into all their mobile phones. After that the auto makers will place wireless charging mats on all the vehicles. Intel knows this and there's a good chance Intel will acquire IDTI to take full advantage of the future.
Don't be an OSB investor.
OSB stands for "one step behind".
The object of the game is "buy low sell high" not "buy high sell low".
This is one disease where pharmaceutical companies cannot just stand by hoping vaccine will never be developed like with HIV. Pharmaceutical companies are happy to make HIV a chronic disease that requires life long endless amount of drugs for endless profit. But for Ebola there is no luxury of chronic disease. It's life or death. It is a matter of national security. Soon or later either government or private pharmaceutical will announce funding to help GeoVax to develop a vaccine.
Another nurse in Dallas infected with Ebola. This is getting worse by the minute. Government will not wait much longer before fully funding GeoVax for fast tracking the program to develop a vaccine in 5 to 10 months. Pressure is on. The threat of ISIS is nothing compared to the threat of uncontrolled Ebola. Hope GeoVax gets full funding for this vaccine.
There is no other way to fight or eradicate this deadly disease other than a successful vaccine. It is needed or else the whole world will be at risk and suffer devastation beyond measure. Whichever company that produces the first successful vaccine will be set for life in terms of $$$. This company seems to be in good position. At this price any major pharmaceuticals can acquire it with their pocket change. This is not an investment. It's a bet with good odds. Good luck.
Congratulations. You will be richly rewarded.
While at it add a small position of GOVX while it's still in the mid 40 cents range. They are in the pipeline to make the Ebola vaccine. Funding announcement imminent. Worth the risk for huge return.