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

BetterTouchTool 2.292 - Customize Multi-...
BetterTouchTool adds many new, fully customizable gestures to the Magic Mouse, Multi-Touch MacBook trackpad, and Magic Trackpad. These gestures are customizable: Magic Mouse: Pinch in / out (zoom... Read more
Bookends 12.8.3 - Reference management a...
Bookends is a full-featured bibliography/reference and information-management system for students and professionals. Bookends uses the cloud to sync reference libraries on all the Macs you use.... Read more
Mellel 3.5.5 - The word processor for sc...
Mellel is the leading word processor for OS X and has been widely considered the industry standard since its inception. Mellel focuses on writers and scholars for technical writing and multilingual... Read more
Mellel 3.5.5 - The word processor for sc...
Mellel is the leading word processor for OS X and has been widely considered the industry standard since its inception. Mellel focuses on writers and scholars for technical writing and multilingual... Read more
Bookends 12.8.3 - Reference management a...
Bookends is a full-featured bibliography/reference and information-management system for students and professionals. Bookends uses the cloud to sync reference libraries on all the Macs you use.... Read more
Carbon Copy Cloner 4.1.18 - Easy-to-use...
Carbon Copy Cloner backups are better than ordinary backups. Suppose the unthinkable happens while you're under deadline to finish a project: your Mac is unresponsive and all you hear is an ominous,... Read more
Hopper Disassembler 4.2.14- - Binary dis...
Hopper Disassembler is a binary disassembler, decompiler, and debugger for 32- and 64-bit executables. It will let you disassemble any binary you want, and provide you all the information about its... Read more
BetterTouchTool 2.291 - Customize Multi-...
BetterTouchTool adds many new, fully customizable gestures to the Magic Mouse, Multi-Touch MacBook trackpad, and Magic Trackpad. These gestures are customizable: Magic Mouse: Pinch in / out (zoom... Read more
Sound Studio 4.8.11 - Robust audio recor...
Sound Studio lets you easily record and professionally edit audio on your Mac. Easily rip vinyls and digitize cassette tapes, or record lectures and voice memos. Prepare for live shows with live... Read more
Sound Studio 4.8.11 - Robust audio recor...
Sound Studio lets you easily record and professionally edit audio on your Mac. Easily rip vinyls and digitize cassette tapes, or record lectures and voice memos. Prepare for live shows with live... Read more

The best 2v2 card combos in Clash Royale
2v2 is making it's grand return toClash Royalequite soon. 2v2 has quickly become one of the game's most popular gameplay modes, though they still have yet to make it a permanent fixture in the game. 2v2 is exciting and adds some new flavor to... | Read more »
The best games we played this week - Aug...
Another busy week has come to a close. We played a lot of excellent games this week and now it's time to look back and reflect on some our favorites. Here are our picks for the week of August 18. [Read more] | Read more »
War Wings beginner's guide - how to...
War Wings is the newest project from well-established game maker Miniclip. It's a World War II aerial dogfighting game with loads of different airplane models to unlock and battle. The game offers plenty of single player and multiplayer action. We... | Read more »
How to win every 2v2 battle in Clash Roy...
2v2 is coming back to Clash Royale in a big way. Although it's only been available for temporary periods of time, 2v2 has seen a hugely positive fan response, with players clamoring for more team-based gameplay. Soon we'll get yet another taste of... | Read more »
Roll to Win with Game of Dice’s new upda...
Joycity’s hit Game of Dice gets a big new update this week, introducing new maps, mechanics, and even costumes. The update sets players loose on an exciting new map, The Cursed Tower, that allows folks to use special Runes mid-match. If you feel... | Read more »
Bottom of the 9th (Games)
Bottom of the 9th 1.0.1 Device: iOS iPhone Category: Games Price: $4.99, Version: 1.0.1 (iTunes) Description: Play the most exciting moment of baseball in this fast-paced dice and card game! | Read more »
The best apps for viewing the solar ecli...
If you somehow missed the news, many parts of the United States will be witness to a total solar eclipse on August 21 for the first time in over 90 years. It'll be possible to see the eclipse in at least some capacity throughout the continental U... | Read more »
The 5 best mobile survival games
Games like ARK: Survival Evolved and Conan Exiles have taken the world of gaming by storm. The market is now flooded with hardcore survival games that send players off into the game's world with nothing but maybe the clothes on their back. Never... | Read more »
Portal Walk (Games)
Portal Walk 1.0 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0 (iTunes) Description: Portal Walk is adventure and relaxing platform game about Eugene. Eugene stuck between worlds and trying to find way back home.... | Read more »
Technobabylon (Games)
Technobabylon 1.0 Device: iOS Universal Category: Games Price: $4.99, Version: 1.0 (iTunes) Description: City of Newton, 2087. Genetic engineering is the norm, the addictive Trance has replaced almost any need for human interaction,... | Read more »

Price Scanner via MacPrices.net

Apple’s 2017 Back to School Promotion: Free B...
Purchase a new Mac using Apple’s Education discount, and take up to $300 off MSRP. All teachers, students, and staff of any educational institution qualify for the discount. Shipping is free. As part... Read more
Clearance 2016 12-inch Retina MacBooks, Apple...
Apple has Certified Refurbished 2016 12″ Retina MacBooks available starting at $1019. Apple will include a standard one-year warranty with each MacBook, and shipping is free. The following... Read more
15-inch 2.2GHz Retina MacBook Pro, Apple refu...
Apple has Certified Refurbished 2015 15″ 2.2GHz Retina MacBook Pros available for $1699. That’s $300 off MSRP, and it’s the lowest price available for a 15″ MacBook Pro. An Apple one-year warranty is... Read more
Apple refurbished Mac minis available startin...
Apple has Certified Refurbished Mac minis available starting at $419. Apple’s one-year warranty is included with each mini, and shipping is free: – 1.4GHz Mac mini: $419 $80 off MSRP – 2.6GHz Mac... Read more
Apple refurbished iPad Pros available startin...
Apple has Certified Refurbished 2016 12″ WiFi iPad Pros available starting at $589. An Apple one-year warranty is included with each model, and shipping is free: – 32GB 12″ iPad Pro WiFi: $589... Read more
Weekend sale: 13-inch MacBook Pros for up to...
Amazon has new 2017 13″ MacBook Pros on sale today for up to $200 off MSRP, each including free shipping: – 13″ 3.1GHz/256GB Space Gray MacBook Pro (MPXV2LL/A): $1599.99 $200 off MSRP – 13″ 3.1GHz/... Read more
Back To School With The Edge Desk All-in-one...
Back to school is just around the corner, and the ergonomically correct Edge Desk all-in-one portable kneeling desk is ideal for students living in dorms and small apartments, Edge Desk features:... Read more
Norton Core Secure Wi-Fi Router Now Available...
First introduced at the 2017 Consumer Electronics Show (CES), Norton Core, a secure, high-performance Wi-Fi router, fundamentally changed the concept of Wi-Fi routers by making security the primary... Read more
ViewSonic Adds New 27-inch 4K UHD Monitor to...
ViewSonic Corp. has introduced the VP2785-4K, a 27-inch 4K UHD (3840×2160) monitor that delivers precise and consistent color representation and performance to ensure incredible image quality. Built... Read more
Apple now offering Certified Refurbished 2017...
Apple is now offering Certified Refurbished 2017 27″ iMacs for up to $350 off original MSRP. Apple’s one-year warranty is standard, and shipping is free. The following models are available: – 27″ 3.... Read more

Jobs Board

Development Operations and Site Reliability E...
Development Operations and Site Reliability Engineer, Apple Payment Gateway Job Number: 57572631 Santa Clara Valley, California, United States Posted: Jul. 27, 2017 Read more
Frameworks Engineering Manager, *Apple* Wat...
Frameworks Engineering Manager, Apple Watch Job Number: 41632321 Santa Clara Valley, California, United States Posted: Jun. 15, 2017 Weekly Hours: 40.00 Job Summary Read more
*Apple* Solutions Consultant - Apple Inc. (U...
…about helping others on a team while also delighting customers? As an Apple Solutions Consultant (ASC), you will discover customers needs and help connect them Read more
*Apple* Solutions Consultant - Apple Inc. (U...
Job Summary As an Apple Solutions Consultant, you'll be the link between our future customers and our products. You'll showcase your entrepreneurial spirit as you Read more
*Apple* Solutions Consultant (ASC) - Stockho...
Job Summary The ASC is an Apple employee who serves as the Apple business manager and influencer in a Reseller's store. The ASC's role is to grow Apple Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.