Upgrades tend to use more power as new features are introduced. To conserve the battery power of older phones, Apple reduced the processing speed, assuming a small difference in processing speed would be more tolerable and less noticeable than a battery that drained too quickly. This is hardly the sinister motive or forced obsolescence the conspiracy mongers attribute.
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by Henry Oliner ‘Trickle down’ is the preferred pejorative of the left towards any tax cut that benefits those who actually pay taxes. The people who use it sound like idiots to anyone with a basic knowledge of economics. It
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From The Disturbing New Facts About American Capitalism by Jason Zweig in The WSJ Modern capitalism is built on the idea that as companies get big, they become fat and happy, opening themselves up to lean and hungry competitors that can
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From Holman Jenkins at The WSJ, Harmonize this Eurocrats, What about the undoubted problem of companies like Apple shielding their globally earned profits behind a small country’s friendly tax regime? There’s a remarkably sanitary solution: Get rid of the corporate
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From Joel Kotkin at newgeography.com AMERICA’S NEW OLIGARCHS—FWD.US AND SILICON VALLEY’S SHADY 1 PERCENTERS excerpts: Perversely, the small number of jobs—mostly clustered in Silicon Valley—created by tech companies has helped its moguls avoid public scrutiny. Google employs 50,000, Facebook 4,600, and
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The iPhone Turns Five in the Wall Street Journal by Thomas Hazlett, 6/27/12 Excerpt: The novelty has not worn thin. In the first quarter of 2012, iPhone global sales doubled, according to industry data, accounting for more than 400,000 activations
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I discounted much of what was happening on the Occupy Wall Street rallies and its sister rallies in other cities. The movement seemed shallow and unserious. Many of the marchers just sound like idiots: it was hard to find any
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I am hesitant to add to the many fine words sure to be written about Steve Jobs and his life but here are my immediate thoughts. Steve Jobs embodied the absolute best that is America. He created a new idea
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The debates in the class war classifies wealth in the extremes. We hear about Wall Street billionaires and the unemployed but we miss the vast majority in the middle. We sometimes refer to them as the working wealthy. Most small
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We mortals pride ourselves as rational beings, but we act emotionally. We get attached to previous positions, and will discount or filter evidence rather than change our minds. We read the news for confirmation rather than information. We are so
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I feel like a dinosaur whenever I use my simple LG flip phone. I am surrounded by iPhones and Blackberries and the growing inability of anyone to have an eye to eye conversation for thirty seconds without checking their hi-tech
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