The Northern Spy: stock in trade
TweetFollow Us on Twitter

The Northern Spy: stock in trade

By Rick Sutcliffe

Apple's stock continues to behave strangely, but with more explanation in recent weeks. Seems a couple of large hedge funds sold billions in Apple shares over a short period, driving the price down. More recently, another fund manager speculated on a stock split, which caused a short rally in the shares. Yet another wants to extract cash from Apple's hoard into his own pocket.

All these moves are both short-sighted and self-serving. Indeed, it seems to the Spy that any plans to sell large dollar values of a stock should be reportable, even as are ones to trade in large percentages. What if a billion in shares is less than a quarter of a percent? Surely transactions that large should be regarded as insider trading, for shares are obviously sensitive to such dumps. It's not every day that someone is ready and able to increase their holdings by several billion dollars.

Speculating on a stock split is like speculating on what new products Apple will release -- utterly futile. Either that, or it's a deliberate attempt to manipulate a stock that is known to be ultra sensitive to any kind of news, even when it is manufactured. 'Course, some people are adept at manufacturing both history and news.

Finally, it seems somewhat galling to the Spy to have an investor come to the plate with a small stake and demand Apple hand over cash just because he or his company owns a few shares. Seems to me there has to be a balance between the best interests of the company and the immediate desires of a few shareholders to acquire cash. From the outside, this looks like a clash between builders and looters.

Let's hope the company directors understand and act on the fact that their fiduciary duty goes far beyond maximizing shareholder value. Their first loyalty is to the health and well-being of the company, not to the Swiss bank accounts of a few already well-heeled and greedy-for-more speculators. That's why current wisdom has it that a board should include some (even a majority) of independent directors, who own no shares, and therefore will not interpret their duty to stakeholders to include only those like themselves. Or, when does such a duty become pure self-interest.

The Spy still believes ATNBT (Almost The Next Big Thing) from Apple could require a lot of capital, either to buy or to build infrastructure. If one of those Things is TV, for instance, both a content vault and a means of distribution could be necessary, and neither would come cheap. A pile of cash will be needed. If it is iWatch, neither is required, just some new wholesale channels to get them into every jewelry store on the continent.

And on the subject of new products, the Spy notes that Apple has already ceased taking orders on the MacPro in Europe due to product standards issues. Perhaps the rollout of the tower's replacement was originally planned for later in the year, but this may need to be accelerated, for Apple owes its developers.

The Spy is more convinced than ever that said replacement will not be a tower, but a system, a collection of components if you will. Given that MacPro towers are no longer displayed in retail stores, this seems a decision long made, awaiting only the depletion of current stock, the completion of OSX 10.9, and/or exit from the research and prototyping lab of the new professionals' gold standard machine--call it, for sake of argument, the iProMac.

Try these specs: Box number one is the CPU (8 or 16 cores, a couple of speed options), no more than twice the size of a MacMini. It has a power cord, two USB3, four Thunderbolt, one or two internal solid state drive positions, possibly two ethernet ports and HDMI, with Firewire and card reader slots clocking in at a very low percentage call. A truly minimalist design (which Apple often does) would have only the Thunderbolt ports, nothing else. It might not be a serviceable unit.

Optional box number two connects by Thunderbolt (or a proprietary electro-mechanical latch) and has up to six slots for PCI cards (maybe comes in two models, only one of which can take full length cards). It will be quickly imitated by third parties, but they will face long delays getting approval to market Thunderbolt devices.

Optional box number three (for which we may need to go third party for lack of interest on Apple's part) also connects by Thunderbolt and has multiple I/O ports, including video, audio, Firewire, USB, eSATA, etc. (though the Spy has little incentive to purchase any more eSATA--to finicky, little or no speed gain, and a reliability loss compared to FW800. Better to use a disk enclosure with its own Thunderbolt port.) Buy your own monitor, and optional box number four--for your raid array.

Trickiest engineering, and perhaps the reason for the delay--getting said boxes to play coolly without fans. You can bet one of iSteve's last will and testament items was to banish the latter going forward. Wouldn't it be nice to program it in the brand new Modula-2 R10? (link below)

Oh, yes, the mainstream media's speculators and Apple watchers have other interests. But frankly, the Spy has no interest in cellphones any more, little in the larger iPads and is happy enough for now with his several-years-old iPodTouch. When it breaks down, he'd like a pocket iPud/Pad/Pod with a five to seven inch screen (when unfolded or unrolled). By that time (three years?), its capabilities may approach those of his PIEA (Personal Intelligence Enhancement Appliance) that he described here, in "The Fourth Civilization", and in his Alternate History SF, starting two decades back. Perhaps by then the Internet and the apps to use it will begin to mimic the Metalibrary he described with the PIEA. If so, it will be Apple that defines both the software and hardware interface. No one else is innovating these days.

--The Northern Spy

Opinions expressed here are entirely the author's own, and no endorsement is implied by any community or organization to which he may be attached. Rick Sutcliffe, (a.k.a. The Northern Spy) is professor of Computing Science and Mathematics at Canada's Trinity Western University. He has been involved as a member or consultant with the boards of several organizations, including in the corporate sector, and participated in industry standards at the national and international level. He is a long time technology author and has written two textbooks and six novels, one named best ePublished SF novel for 2003. His columns have appeared in numerous magazines and newspapers (paper and online), and he's a regular speaker at churches, schools, academic meetings, and conferences. He and his wife Joyce have lived in the Aldergrove/Bradner area of BC since 1972.

Want to discuss this and other Northern Spy columns? Surf on over to ArjayBB.com. Participate and you could win free web hosting from the WebNameHost.net subsidiary of Arjay Web Services. Rick Sutcliffe's fiction can be purchased in various eBook formats from Fictionwise, and in dead tree form from Amazon's Booksurge.

URLs for Rick Sutcliffe's Arjay Enterprises:
The Northern Spy Home Page: http://www.TheNorthernSpy.com
opundo : http://opundo.com
Sheaves Christian Resources : http://sheaves.org
WebNameHost : http://www.WebNameHost.net
WebNameSource : http://www.WebNameSource.net
nameman : http://nameman.net
General URLs for Rick Sutcliffe's Books:
Author Site: http://www.arjay.ca
Publisher's Site: http://www.writers-exchange.com/Richard-Sutcliffe.html

URLs for items mentioned in this column
Modula-2 R10--see the link at: http://www.modula-2.com/

 

Community Search:
MacTech Search:

Software Updates via MacUpdate

Lyn 1.7.2 - Lightweight image browser an...
Lyn is a fast, lightweight image browser and viewer designed for photographers, graphic artists, and Web designers. Featuring an extremely versatile and aesthetically pleasing interface, it delivers... Read more
Lyn 1.7.2 - Lightweight image browser an...
Lyn is a fast, lightweight image browser and viewer designed for photographers, graphic artists, and Web designers. Featuring an extremely versatile and aesthetically pleasing interface, it delivers... Read more
Tunnelblick 3.6.7beta02 - GUI for OpenVP...
Tunnelblick is a free, open source graphic user interface for OpenVPN on OS X. It provides easy control of OpenVPN client and/or server connections. It comes as a ready-to-use application with all... Read more
jAlbum Pro 13.4 - Organize your digital...
jAlbum Pro has all the features you love in jAlbum, but comes with a commercial license. You can create gorgeous custom photo galleries for the Web without writing a line of code! Beginner-friendly... Read more
calibre 2.65.1 - Complete e-book library...
Calibre is a complete e-book library manager. Organize your collection, convert your books to multiple formats, and sync with all of your devices. Let Calibre be your multi-tasking digital librarian... Read more
jAlbum 13.4 - Create custom photo galler...
With jAlbum, you can create gorgeous custom photo galleries for the Web without writing a line of code! Beginner-friendly, with pro results - Simply drag and drop photos into groups, choose a design... Read more
Backblaze 4.2.0.966 - Online backup serv...
Backblaze is an online backup service designed from the ground-up for the Mac. With unlimited storage available for $5 per month, as well as a free 15-day trial, peace of mind is within reach with... Read more
Backblaze 4.2.0.966 - Online backup serv...
Backblaze is an online backup service designed from the ground-up for the Mac. With unlimited storage available for $5 per month, as well as a free 15-day trial, peace of mind is within reach with... Read more
Tunnelblick 3.6.7beta02 - GUI for OpenVP...
Tunnelblick is a free, open source graphic user interface for OpenVPN on OS X. It provides easy control of OpenVPN client and/or server connections. It comes as a ready-to-use application with all... Read more
calibre 2.65.1 - Complete e-book library...
Calibre is a complete e-book library manager. Organize your collection, convert your books to multiple formats, and sync with all of your devices. Let Calibre be your multi-tasking digital librarian... Read more

Siralim 2 (RPG / Roguelike) (Games)
Siralim 2 (RPG / Roguelike) 1.0 Device: iOS Universal Category: Games Price: $4.99, Version: 1.0 (iTunes) Description: Siralim 2 is an old-school monster catching RPG. Summon and customize hundreds of creatures to fight for you as... | Read more »
Clean Text (Productivity)
Clean Text 1.0 Device: iOS Universal Category: Productivity Price: $3.99, Version: 1.0 (iTunes) Description: | Read more »
Gemini - A Journey of Two Stars (Games)
Gemini - A Journey of Two Stars 1.0.1 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0.1 (iTunes) Description: *** SPECIAL LAUNCH SALE: $2.99 (25% off) *** "A mesmerizing and unexpectedly emotional journey." -- Los... | Read more »
How to get four NFL superstars for your...
Even though you're probably well on your way to building a top notch squad for the new season in Madden NFL Mobile, let's say you could beef it up by adding Rob Gronkowski, Antonio Brown, Von Miller, and Todd Gurley to your roster. That's... | Read more »
Cartoon Network Superstar Soccer: Goal!!...
Cartoon Network Superstar Soccer: Goal!!! – Multiplayer Sports Game Starring Your Favorite Characters 1.0 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0 (iTunes) Description: Become a soccer superstar with your... | Read more »
NFL Huddle: What's new in Topps NFL...
Can you smell that? It's the scent of pigskin in the air, which either means that cliches be damned, pigs are flying in your neck of the woods, or the new NFL season is right around the corner. [Read more] | Read more »
FarmVille: Tropic Escape tips, tricks, a...
Maybe farming is passé in mobile games now. Ah, but farming -- and doing a lot of a other things too -- in an island paradise might be a little different. At least you can work on your tan and sip some pina coladas while tending to your crops. [... | Read more »
Become the King of Avalon in FunPlus’ la...
King Arthur is dead. Considering the legend dates back to the 5th century, it would be surprising if he wasn’t. But in the context of real-time MMO game King of Avalon: Dragon Warfare, Arthur’s death plunges the kingdom into chaos. Evil sorceress... | Read more »
Nightgate (Games)
Nightgate 1.0 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0 (iTunes) Description: *** Launch Sale: 25% OFF for a limited time! *** In the year 2398, after a great war, a network of intelligent computers known as... | Read more »
3 best fantasy football apps to get you...
Last season didn't go the way you wanted it to in fantasy football. You were super happy following your drafts or auctions, convinced you had outsmarted everyone. You were all set to hustle on the waiver wire, work out some sweet trades, and make... | Read more »

Price Scanner via MacPrices.net

MacBook Airs on sale for up to $101 off MSRP
Amazon has 11″ and 13″ MacBook Airs on sale for up to $101 off MSRP for a limited time. Shipping is free: - 11″ 1.6GHz/128GB MacBook Air (model MJVM2LL/A): $798 $101 off MSRP - 11″ 1.6GHz/256GB... Read more
Apple certified refurbished iPad mini 4s avai...
Apple has certified refurbished iPad mini 4s now available for up to $120 off the cost of new models. An Apple one-year warranty is included with each iPad, and shipping is free. The following models... Read more
Apple price trackers, updated continuously
Scan our Apple Price Trackers for the latest information on sales, bundles, and availability on systems from Apple’s authorized internet/catalog resellers. We update the trackers continuously: - 15″... Read more
Global Tablet Shipments Projected to Increase...
Digitimes’ Jim Hsiao reports that global tablet shipments will increase by 16.3 percent sequentially to reach nearly 47 million units in 2016′s third quarter, but that volume will still be down over... Read more
Apple’s 2016 Back to School promotion: Free B...
Purchase a new Mac or iPad using Apple’s Education Store and take up to $300 off MSRP. All teachers, students, and staff of any educational institution qualify for the discount. Shipping is free, and... Read more
Apple refurbished iPad Air 2s available start...
Apple has Certified Refurbished iPad Air 2 available starting at $339. Apple’s one-year warranty is included with each model, and shipping is free: - 128GB Wi-Fi iPad Air 2: $499 - 64GB Wi-Fi iPad... Read more
13-inch 2.5GHz MacBook Pro available for $961...
Overstock has the 13″ 2.5GHz MacBook Pro available for $961.63 including free shipping. Their price is $138 off MSRP. Read more
Clearance 12-inch Retina MacBooks, Apple refu...
Apple has Certified Refurbished 2015 12″ Retina MacBooks available starting at $929. Apple will include a standard one-year warranty with each MacBook, and shipping is free. The following... Read more
BookBook Releases SurfacePad, BookBook &...
BookBook has released three new covers just for iPad Pro: SurfacePad, BookBook and BookBook Rutledge Edition. BookBook for iPad Pro is a gorgeous leather case reminiscent of a vintage sketchbook.... Read more
Clean Text 1.0 for iOS Reduces Text Cleanup a...
Apimac today announced availability of Clean Text for iOS, a tool for webmasters, graphic designers, developers and magazine editors to reduce text cleanup and editing time, and also for any iPhone... Read more

Jobs Board

*Apple* Retail - Multiple Positions Victor,...
Job Description: Sales Specialist - Retail Customer Service and Sales Transform Apple Store visitors into loyal Apple customers. When customers enter the store, Read more
*Apple* /Mac Support Engineer - GFI Digital,...
FI Digital, Inc. is currently seeking candidates for a full time Apple Support Engineer to add to our Maryland Heights, Missouri IT team. Candidates must be dynamic Read more
SW Engineer *Apple* TV - Apple Inc. (United...
The Apple TV team is looking for excellent software engineers with experience in hardware, media management, media playback, content delivery and a passion for Read more
Senior *Apple* Administrator - Pratt Instit...
POSITION SUMMARY: Directs the coordination and standardization of campus-wide Apple systems, including planning, analysis and implementation of Apple -related Read more
*Apple* Solutions Consultant - Apple (United...
# Apple Solutions Consultant Job Number: 51218534 Pleasant Hill, California, United States Posted: Aug. 18, 2016 Weekly Hours: 40.00 **Job Summary** As an Apple Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.