“It doesn’t seem to me you feel any pressure or competition” Judge says to Cook
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If I pay for a general computer, I should be able to run whatever code I want on it. Apple should have no say in what I compute.
If you want to frame it in contract terms, this is like signing on the dotted line for a mortgage ("enter into the contract, buy the phone"), then some time later saying "this payment is too much" ("I don't like this bit, I want to pay less"). It doesn't work that way.
* If it goes up, you lose money.
* If it goes down, and you have $100k invested, you make $1k.
$1k is 3 hours consulting time for a SWE. It seems easier to find consulting gigs and consult for 3 hours than to play the market.
Unless I have specialized knowledge on a particular industry beyond what pros do, I'm index funds, all the way. Those annual gains are helpful. Micromanagement pays less than a typical salary, or investing in up-skilling.
1. Buying puts before the coming stock market crash back in January 2020.
2. Buying calls in WDC and STX after reading on HN about Chia Coin and hard drive prices, in early May, if you weren’t already aware in April. It was not a sure thing because prices move for other reasons, but a very very positive EV, and a great diversification of a crypto position.
The primary logic was "they're too important from a regulation perspective to fail." Even at the worst days of buggy original-stepping Phenoms and sort-of-eight-core Bulldozer chips, the day AMD shuts down is the day every anti-trust regulator in the universe comes tumbling down on Intel.
I suspect it's still a viable theory even today; I can't really imagine Intel being willing to argue in court that the real competition for the future of desktop and bigger computing is things like RISC-V and ARM parts, products they have a history of not competing with effectively.