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

Duplicate Annihilator 5.7.5 - Find and d...
Duplicate Annihilator takes on the time-consuming task of comparing the images in your iPhoto library using effective algorithms to make sure that no duplicate escapes. Duplicate Annihilator... Read more
BusyContacts 1.0.2 - Fast, efficient con...
BusyContacts is a contact manager for OS X that makes creating, finding, and managing contacts faster and more efficient. It brings to contact management the same power, flexibility, and sharing... Read more
Capture One Pro 8.2.0.82 - RAW workflow...
Capture One Pro 8 is a professional RAW converter offering you ultimate image quality with accurate colors and incredible detail from more than 300 high-end cameras -- straight out of the box. It... Read more
Backblaze 4.0.0.872 - 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
Little Snitch 3.5.2 - Alerts you about o...
Little Snitch gives you control over your private outgoing data. Track background activity As soon as your computer connects to the Internet, applications often have permission to send any... Read more
Monolingual 1.6.4 - Remove unwanted OS X...
Monolingual is a program for removing unnecesary language resources from OS X, in order to reclaim several hundred megabytes of disk space. If you use your computer in only one (human) language, you... Read more
CleanApp 5.0 - Application deinstaller a...
CleanApp is an application deinstaller and archiver.... Your hard drive gets fuller day by day, but do you know why? CleanApp 5 provides you with insights how to reclaim disk space. There are... Read more
Fantastical 2.0 - Create calendar events...
Fantastical is the Mac calendar you'll actually enjoy using. Creating an event with Fantastical is quick, easy, and fun: Open Fantastical with a single click or keystroke Type in your event details... Read more
Cocktail 8.2 - General maintenance and o...
Cocktail is a general purpose utility for OS X that lets you clean, repair and optimize your Mac. It is a powerful digital toolset that helps hundreds of thousands of Mac users around the world get... Read more
Direct Mail 4.0.4 - Create and send grea...
Direct Mail is an easy-to-use, fully-featured email marketing app purpose-built for OS X. It lets you create and send great looking email campaigns. Start your newsletter by selecting from a gallery... Read more

These are All the Apple Watch Apps and G...
The Apple Watch is less than a month from hitting store shelves, and once you get your hands on it you're probably going to want some apps and games to install. Fear not! We've compiled a list of all the Apple Watch apps and games we've been able to... | Read more »
Appy to Have Known You - Lee Hamlet Look...
Being at 148Apps these past 2 years has been an awesome experience that has taught me a great deal, and working with such a great team has been a privilege. Thank you to Rob Rich, and to both Rob LeFebvre and Jeff Scott before him, for helping me... | Read more »
Hands-On With Allstar Heroes - A Promisi...
Let’s get this out of the way quickly. Allstar Heroes looks a lot like a certain other recent action RPG release, but it turns out that while it’s not yet available here, Allstar Heroes has been around for much longer than that other title. Now that... | Read more »
Macho Man and Steve Austin Join the Rank...
WWE Immortals, by Warner Bros. Interactive Entertainment and WWE, has gotten a superstar update. You'll now have access to Macho Man Randy Savage and Steve Austin. Both characters have two different versions: Macho Man Randy Savage Renegade or Macho... | Read more »
Fearless Fantasy is Fantastic for the iF...
I actually had my first look at Fearless Fantasy last year at E3, but it was on a PC so there wasn't much for me to talk about. But now that I've been able to play with a pre-release version of the iOS build, there's quite a bit for me to talk... | Read more »
MLB Manager 2015 (Games)
MLB Manager 2015 5.0.14 Device: iOS Universal Category: Games Price: $4.99, Version: 5.0.14 (iTunes) Description: Guide your favorite MLB franchise to glory! MLB Manager 2015, officially licensed by MLB.com and based on the award-... | Read more »
Breath of Light (Games)
Breath of Light 1.0.1421 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0.1421 (iTunes) Description: Hold a quiet moment. Breath of Light is a meditative and beautiful puzzle game with a hypnotic soundtrack by... | Read more »
WWE WrestleMania Tags into the App Store
Are You ready to rumble? The official WWE WrestleMania app, by World Wrestling Entertainment, is now available. Now you can get all your WrestleMania info in one place before anyone else. The app offers details on superstar signings, interactive... | Read more »
Bio Inc's New Expansion is Infectin...
Bio Inc., by DryGin Studios, is the real time strategy game where you infect a human body with the worst virus your evil brain can design. Recently, the game was updated to add a whole lot of new features. Now you can play the new “Lethal”... | Read more »
The Monocular Minion is Here! Despicable...
Despicable Me: Minion Rush, by Gameloft, is introducing a new runner to the mix in their latest update. Now you can play as Carl, the prankster minion. Carl has a few new abilities to play with, including running at a higher speed from the start.... | Read more »

Price Scanner via MacPrices.net

13-inch 2.5GHz MacBook Pro (refurbished) avai...
The Apple Store has Apple Certified Refurbished 13″ 2.5GHz MacBook Pros available for $829, or $270 off the cost of new models. Apple’s one-year warranty is standard, and shipping is free: - 13″ 2.... Read more
Save up to $80 on iPad Air 2s, NY tax only, f...
 B&H Photo has iPad Air 2s on sale for $80 off MSRP including free shipping plus NY sales tax only: - 16GB iPad Air 2 WiFi: $469.99 $30 off - 64GB iPad Air 2 WiFi: $549.99 $50 off - 128GB iPad... Read more
iMacs on sale for up to $205 off MSRP
B&H Photo has 21″ and 27″ iMacs on sale for up to $205 off MSRP including free shipping plus NY sales tax only: - 21″ 1.4GHz iMac: $1019 $80 off - 21″ 2.7GHz iMac: $1189 $110 off - 21″ 2.9GHz... Read more
Färbe Technik Offers iPhone Battery Charge LI...
Färbe Technik, which manufactures and markets of mobile accessories for Apple, Blackberry and Samsung mobile devices, is offering tips on how to keep your iPhone charged while in the field: •... Read more
Electronic Recyclers International CEO Urges...
Citing a recent story on CNBC about concerns some security professionals have about the forthcoming Apple Watch, John Shegerian, Chairman and CEO of Electronic Recyclers International (ERI), the... Read more
Save up to $380 with Apple refurbished iMacs
The Apple Store has Apple Certified Refurbished iMacs available for up to $380 off the cost of new models. Apple’s one-year warranty is standard, and shipping is free: - 27″ 3.5GHz 5K iMac – $2119 $... Read more
Mac minis on sale for up to $75 off, starting...
MacMall has Mac minis on sale for up to $75 off MSRP including free shipping. Their prices are the lowest available for these models from any reseller: - 1.4GHz Mac mini: $459.99 $40 off - 2.6GHz Mac... Read more
College Student Deals: Additional $50 off Mac...
Take an additional $50 off all MacBooks and iMacs at Best Buy Online with their College Students Deals Savings, valid through April 11, 2015. Anyone with a valid .EDU email address can take advantage... Read more
Mac Pros on sale for up to $260 off MSRP
B&H Photo has Mac Pros on sale for up to $260 off MSRP. Shipping is free, and B&H charges sales tax in NY only: - 3.7GHz 4-core Mac Pro: $2799, $200 off MSRP - 3.5GHz 6-core Mac Pro: $3719.99... Read more
13-inch 2.5GHz MacBook Pro on sale for $100 o...
B&H Photo has the 13″ 2.5GHz MacBook Pro on sale for $999 including free shipping plus NY sales tax only. Their price is $100 off MSRP. Read more

Jobs Board

DevOps Software Engineer - *Apple* Pay, iOS...
**Job Summary** Imagine what you could do here. At Apple , great ideas have a way of becoming great products, services, and customer experiences very quickly. Bring Read more
*Apple* Retail - Multiple Positions (US) - A...
Sales Specialist - Retail Customer Service and Sales Transform Apple Store visitors into loyal Apple customers. When customers enter the store, you're also the Read more
Sr. Technical Services Consultant, *Apple*...
**Job Summary** Apple Professional Services (APS) has an opening for a senior technical position that contributes to Apple 's efforts for strategic and transactional Read more
Lead *Apple* Solutions Consultant - Retail...
**Job Summary** Job Summary The Lead ASC is an Apple employee who serves as the Apple business manager and influencer in a hyper-business critical Reseller's store Read more
*Apple* Pay - Site Reliability Engineer - Ap...
**Job Summary** Imagine what you could do here. At Apple , great ideas have a way of becoming great products, services, and customer experiences very quickly. Bring Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.