Trust no-one
I’ve started to notice a trend that’s worrying me. My mobile phone and my iPod are lying to me. In fact, they may even be colluding. Let me explain my paranoia.
Act 1 – the optimist
My Samsung D-600 is a pretty decent phone. I trusted it to make calls, send text messages and take a [...]
RE: Gruber on iPod Pricing
Another comprehensive analysis by Gruber, this time on financial analyst speculation iPod Pricing.
The disagreement is quite interesting, let’s take a look. Firstly, I think the economics used adds up neatly to a pseudo-mathematical summary:
Revenue = Price x Volume
Cost = (Variable Cost x Volume) + Fixed Cost
Profit = Revenue – Cost
Value != Cost + Margin
With me [...]
