ic

Apple выпустила книгу «Apple Music: 100 лучших альбомов» за 43 тысячи рублей. Что в ней уникального

Apple открыла предзаказ книги «Apple Music: 100 лучших альбомов» за $450 (~43 тысячи рублей) в издательстве Assouline. Это лимитированная книга со списком из 100 лучших альбомов по версии редакции Apple Music, опубликованным в мае 2024 года. Высокая цена книги объясняется тем, что это ограниченное издание, всего 1500 экземпляров. Каждая книга имеет индивидуальный номер, напечатанный вручную....




ic

Apple Faces Epic Games-Style China Lawsuit Over App Store Practices

A Chinese court has agreed to hear a lawsuit against Apple from Beijing Bodyreader, a developer seeking around $420,000 in damages after their children's posture correction app was removed from the App Store in 2020.


Bloomberg reports that the case – the first of its kind to be heard in Beijing's intellectual property court – bears similarities to Epic Games' 2021 lawsuit against Apple. Bodyreader claims Apple unfairly removed their app citing "dishonest" behavior, while also challenging the company's 30% commission on app purchases and its control over the iOS ecosystem.

According to court documents reviewed by Bloomberg, Bodyreader argues that Apple's enforcement of App Store policies is inconsistent. The developer notes that after their original app was removed, they successfully published an identical app under a different name, "Qilin Century," which remains available on the App Store. Closed-door hearings began Thursday and could conclude this week.

The hearing represents the first time Apple has been forced to defend its standard mobile platform practices against a Chinese developer. Earlier this year, Apple successfully fought off antitrust accusations from a Chinese consumer, but the company still went so far as to appeal to remove references to its market dominance from the ruling.

Bodyreader is seeking monetary damages, an apology, and a court declaration that Apple engages in unfair monopolistic behavior. The developer has also requested that Apple be required to allow third-party app stores and external payment links.


This article, "Apple Faces Epic Games-Style China Lawsuit Over App Store Practices" first appeared on MacRumors.com

Discuss this article in our forums




ic

Apple Music Classical Updated With CarPlay and Siri Support

Apple Music Classical was updated today with CarPlay and Siri support, as well as stability and performance improvements, according to Apple.


CarPlay support was briefly added to a previous version of Apple Music Classical earlier this year, but it was removed just hours later. Starting with version 2.1 today, the app is once again available on CarPlay, as shown in our screenshot below.

CarPlay support provides Apple Music Classical listeners with access to their playlists, library, recommendations, and more on their vehicle's infotainment display. And with Siri on iOS 18.1 and later, users can also search via CarPlay for composers, artists, works, and instruments in English, Spanish, French, German, Italian, Portuguese, and Dutch, according to Apple. Additional languages will follow over time.


Apple Music Classical first launched in March 2023, offering users with a standard Apple Music subscription access to over five million classical music tracks at no additional cost. The streaming app features advanced search functionality, exclusive artwork, extensive metadata, curated listening recommendations, and more.

The app is available for the iPhone and iPad, as well as Android. It is based on Primephonic, a classical music streaming service acquired by Apple in 2021.


This article, "Apple Music Classical Updated With CarPlay and Siri Support" first appeared on MacRumors.com

Discuss this article in our forums




ic

Apple Under Pressure to Remove Geo-Blocking Restrictions in the EU

The European Union has notified Apple that it may be violating EU anti-geo-blocking regulations with practices regarding its media services, giving the company one month to respond.


The European Commission, in conjunction with the Consumer Protection Cooperation (CPC) Network, today announced that it has formally notified Apple regarding potential breaches of the EU's anti-geo-blocking rules. This follows an investigation led by national consumer authorities from Belgium, Germany, and Ireland, coordinated by the European Commission. According to the Commission, Apple's practices appear to unlawfully restrict European consumers from accessing digital content based on their country of residence.

According to the CPC Network, consumers using Apple Media Services, such as the App Store, Apple Music, and Apple TV+, encounter different interfaces and content depending on their country of registration. This regional segmentation allegedly makes it difficult, if not impossible, for users to switch between country-specific versions of Apple's services, which may be in violation of the EU's Geo-blocking Regulation enacted in 2018, designed to protect the Digital Single Market.

A significant point of concern for the EU authorities are restrictions on downloading apps. The investigation found that the ‌App Store‌ does not allow users to download apps available in other EU countries. The EU maintains that consumers should be able to access and download apps offered in other EU/EEA countries when traveling or staying temporarily in another member state.

Consumers are also only permitted to use credit or debit cards issued in the country where their Apple account was created. The Commission argues that consumers should be able to use any EU-issued payment method without facing unnecessary barriers.

Apple has been given one month to formally respond to the Commission's findings and to propose potential commitments to align its practices with EU regulations. If Apple does not adequately address the concerns raised by the CPC Network, the company may face enforcement actions. The European Commission's latest action against Apple is part of a broader push to ensure that tech giants operating within the EU comply with the bloc's regulatory frameworks.


This article, "Apple Under Pressure to Remove Geo-Blocking Restrictions in the EU" first appeared on MacRumors.com

Discuss this article in our forums




ic

Apple Seeds Second Public Betas of iOS 18.2, iPadOS 18.2 and macOS Sequoia 15.2 With New Apple Intelligence Features

Apple today seeded the second public betas of upcoming iOS 18.2, iPadOS 18.2, and macOS Sequoia 15.2 updates, allowing the public to continue testing new features ahead of when the software launches. The public betas come a day after Apple provided developers with new betas.


Public beta testers can download the updates from the Settings app on each device after opting into the beta through Apple's public beta testing website. Note that Apple has also released public betas for watchOS 11.2, tvOS 18.2, and the latest HomePod software.

iOS 18.2, iPadOS 18.2, and ‌macOS Sequoia‌ introduce the next Apple Intelligence features, including the first image generation capabilities.

The update adds Image Playground, a new app for creating images based on text descriptions. You can enter anything you want, though Apple will suggest costumes, locations, items, and more to add to an image. There are options to create characters that resemble your friends and family, and you can choose a photo for ‌Image Playground‌ to use as inspiration to create a related image. Elements added to ‌Image Playground‌ creations are previewed, and there is a preview history so you can undo a change and go back to a prior version.

While ‌Image Playground‌ is a standalone app, it is also integrated into Messages, Notes, Freeform, and more. ‌Image Playground‌ does not make photorealistic images and is instead limited to animation or illustration styles.

The update also adds Genmoji, which are customizable emoji characters that you can create based on descriptions and phrases. Like ‌Image Playground‌ creations, you can base them on your friends and family, with the data pulled from the People album in Photos. You can also make characters using basic elements, and you'll get multiple ‌Genmoji‌ suggestions to choose from. You can create ‌Genmoji‌ using the emoji keyboard.

‌Genmoji‌ are limited to iOS 18.2 and iPadOS 18.2 right now, and will be coming to ‌macOS Sequoia‌ later.

Siri in iOS 18.2, iPadOS 18.2, and ‌macOS Sequoia‌ 15.2 has ChatGPT integration. If ‌Siri‌ is unable to provide an answer to a question, ‌Siri‌ will hand the request over to ChatGPT, though ‌Siri‌ will need user permission first. ChatGPT will answer the question and relay the information back through ‌Siri‌.

ChatGPT can be used to create content from scratch, including text and images. No account is required to use ChatGPT integration, and Apple and OpenAI do not store requests.

If you have an iPhone 16, there's a Visual Intelligence feature in iOS 18.2 that provides information about what's around you. Open up the camera and point it at a restaurant to get reviews, or point it at an item to search Google for it.

Some other Visual Intelligence capabilities include reading text out loud, detecting phone numbers and addresses to add them to Contacts, copying text, and summarizing text.

Apple added Writing Tools in iOS 18.1, but in iOS 18.2, you can more freely describe the tone or content change that you want to make, such as adding more action words, or turning an email into a poem.

‌Apple Intelligence‌ now supports localized English in Australia, Canada, New Zealand, South Africa, Ireland, and the UK in addition to U.S. English.

Wait List


If you've already been testing ‌Apple Intelligence‌ and are opted in, you will have access to Writing Tools, ChatGPT integration, and Visual Intelligence automatically.

There is a secondary waiting list for early access to use ‌Genmoji‌, ‌Image Playground‌, and Image Wand. You can sign up to get access in ‌Image Playground‌ or in the areas where you access ‌Genmoji‌ or Image Wand.

When you request access, you are added to a wait list for all three capabilities and you'll get a notification when the features are available for you to use. Apple will roll out access over time.

Availability and Compatibility


The public betas are available on all devices, but the ‌Apple Intelligence‌ features require a device capable of ‌Apple Intelligence‌.

Apple is still working on refining the new ‌Apple Intelligence‌ tools, and the company warns that ‌Genmoji‌, Image Wand, and ‌Image Playground‌ can sometimes give you results you weren't expecting. Apple is collecting feedback on these experiences and will refine them over time.

Release Date


Apple is expected to release the iOS 18.2, iPadOS 18.2, ‌macOS Sequoia‌ 15.2, watchOS 11.2, tvOS 18.2, and visionOS 2.2 updates in early December.
Related Roundups: iOS 18, iPadOS 18, macOS Sequoia
Related Forums: iOS 18, iPadOS 18, macOS Sequoia

This article, "Apple Seeds Second Public Betas of iOS 18.2, iPadOS 18.2 and macOS Sequoia 15.2 With New Apple Intelligence Features" first appeared on MacRumors.com

Discuss this article in our forums




ic

App Store Connect for Developers Gains Refreshed UI, Feature Notifications and More

Apple today overhauled the App Store Connect app designed for developers, introducing version 2.0. Developers use App Store Connect to distribute and manage their apps for the iPhone, iPad, Mac, Apple Watch, Apple TV, and Vision Pro.


‌App Store‌ Connect 2.0 includes a refreshed UI throughout the app, as well as new capabilities. Developers are able to promote their apps by generating marketing assets for app launches, version updates, featured placements in the Today tab, and more.

These marketing assets that are generated for special moments can be shared on various social media channels for app promotion purposes.

‌App Store‌ Connect will also now send developers notifications when their app is featured in select placements on the Today tab, such as App of the Day or Game of the Day.

In addition to allowing for app management, ‌App Store‌ Connect also provides support for creating TestFlight betas, monitoring sales and trends, and responding to customer ratings and reviews.


This article, "App Store Connect for Developers Gains Refreshed UI, Feature Notifications and More" first appeared on MacRumors.com

Discuss this article in our forums



  • App Store Connect
  • Apple Developer Program

ic

Carolina Furfare cancelled after area devastated by Hurricane Helene

In the wake of the devastation rendered by Hurricane Helene, Carolina Furfare released a newsletter on October 1 stating the cancellation of the event that was to occur this weekend, and indicating that the hotels and facilities were needed in order to assist with rescue and sheltering efforts after the Hurricane hit the mountainous region.

This weather event hit the top ten most fatal and costly hurricanes in the United States even before full recovery efforts could be finalized. People who pre-registered have been given the option to roll over to next year, or to Bewhiskered 2025; due to the cancellation being so close to event day they cannot guarantee refunds for now.

read more




ic

Tucker Carlson calls Robin DiAngelo’s book, “White Fragility,” “an utterly ridiculous book,” “poisonous garbage,” and “a crackpot race tract”

"In sum, 'White Fragility' is an utterly ridiculous book. ... Everything about 'White Fragility' is poisonous garbage, and it's not an overstatement." Continue reading



  • Accountants CPA Hartford
  • Articles
  • "White Fragility" is a wildly popular book
  • Author makes money telling people they are racist
  • Book props up worst offenders of injustices
  • Book says you're racist no matter who you are
  • Effort to turn schools into woke propaganda mills
  • Elite author oblivious to country's real problems
  • Feeling threatened is proof that you are racist
  • Louis Farrakhan
  • Robin DiAngelo
  • so discomfort is necessary and important
  • The point of the book is to demoralize you
  • Tucker Carlson
  • Tucker Carlson calls Robin DiAngelo's book "White Fragility" "an utterly ridiculous book" "poisonous garbage" and "a crackpot race tract"
  • Tucker Carlson calls Robin DiAngelo's book "White Fragility" "an utterly ridiculous book" and "poisonous garbage"
  • Tucker Carlson Tonight June 24 2020
  • University of Kentucky
  • We are socially penalized for challenging racism
  • White comfort maintains the racial status quo
  • White Fragility
  • White Fragility makes ridiculously false claims

ic

Republican leaders abandoned conservatives and police officers and law and order during riots

Our Republican leaders don’t believe they have the authority, they don’t believe they’re legitimate, they don’t see the threat. They don’t want to see the threat because they know they can’t face the mob. They know they’re too weak. And so they offer trinkets and hope the mob will go away, but it won’t. Mobs can’t be sated. We thought Republicans understood that. That’s why we supported them. But this crisis has revealed the truth. Now we know who they are. It could not be clearer and now it’s time to find new leaders. Continue reading




ic

Antifa Black Lives Matter is a totalitarian political movement to overthrow a capitalistic free market and free society

Elected Republicans, almost all of them, are in no hurry to stop the disorder. They appear to believe what we're watching is a version of the Rodney King riots from 1992. People saw an upsetting video on the internet, they're angry, and that's understandable. But they'll calm down soon, and we can get back to cutting capital gains taxes and sanctioning Bashar al- Assad. That's their view of it. They are wrong. This is not a momentary civil disturbance. This is a serious and highly organized political movement. It is not superficial. It is deep and profound. It has vast ambitions. It is insidious; it will grow. Its goal is to end liberal democracy and challenge Western civilization itself. This is an ideological movement. The ideas that fuel it have incubated for decades on college campuses. We paid for all of it, by the way. The rest of us were so thrilled that our kids got into Duke that we decided to ignore what Duke was actually teaching them and are continuing to send big checks. That was a mistake. It was one of the greatest mistakes we've ever made. Continue reading




ic

Antifa and Black Lives Matter are the Democratic Party’s blackshirts and brownshirts to strengthen and protect our totalitarian fascist state

Democratic politicians don't fear the mob. Notice that? Why? Because they don't need to. They control the mob. The mob operates with their permission. These are their foot soldiers. This is their militia. Continue reading




ic

Is Tucker Carlson accusing Republican officeholders of not defending normal American citizens?

Republicans are failing for a much more obvious reason, a more fundamental reason. They're failing because they haven't done much that is worth doing. They haven't tried very hard to improve your life. When the crisis came, they fled. They did nothing to defend you. They did nothing to defend the country. Continue reading



  • Accountants CPA Hartford
  • Articles
  • Black Lives Matter
  • colorblind meritocracy
  • Donald Trump
  • freedom of speech
  • Governor Nikki Haley
  • http://cpa-connecticut.com/barefootaccountant/is-tucker-carlson-accusing-republican-officeholders-of-not-defending-normal-american-citizens/
  • Is Tucker Carlson accusing Republican officeholders of not defending normal American citizens?
  • Jeffrey Epstein
  • Jim Crow
  • Middle class families are the core of this country
  • Republican officeholders are not defending normal people from "self-righteous lunatics"
  • Republicans must work as hard as they can to make America fair again
  • Senator Mike Braun
  • Slavery
  • total equality under the law
  • Tucker Carlson
  • Tucker Carlson Tonight June 30 2020
  • Voters need to demand change from the GOP

ic

Glenn Greenwald says that the Democratic Party, NSA, CIA, Neocons, Silicon Valley, Wall Street, mainstream media have united to impose an authoritarian government of censorship and suppression of information

The CIA from the very first days of the Trump administration, even before he was inaugurated, devoted themselves to sabotaging the administration because Donald Trump questioned just a few of their pieties. And that can't be done in Washington. Whoever does that must be destroyed. And so the CIA and the Deep State operatives became heroes of the liberal left, the people who support the Democratic party. They're now in a full union with the neocons, the Bush Cheney operatives, the CIA, Silicon Valley, and Wall Street. That is the union of power along with mainstream media outlets that are fully behind the Democratic party, which is likely to at least take over one branch of government, if not all of them, with the coming election, and that is a very alarming proposition because they're authoritarian, they believe in censorship, and they believe in suppression of information that exposes them in any kind of a critical light. Continue reading




ic

The mainstream media and the Democratic Party and the intelligence agencies and the tech monopolies are your enemies. Like fascists they are misleading you with propaganda so that you will obey.

The real threat is collusion. When journalists strike secret alliances with the very people they're supposed to be holding accountable, we are in deep trouble. Lies go unchallenged.  Democracy cannot function. And that's what we're watching right now. Continue reading




ic

Democratic elites are promoting a class system based on race and gender and sexual orientation

Democrats and elites are making straight white men the enemy of their new world order. Blacks, hispanics, gays are now the good guys; straight white men are the bad guys. Continue reading




ic

FBI CIA NSA are not only spying on American citizens but also are illegally unmasking their identities to journalists who support our fascist government

FBI CIA NSA are not only spying on American citizens but also are illegally unmasking their identities to journalists who support our fascist government Continue reading




ic

Censorship is antithetical to the scientific method because it requires free speech and open debate and skepticism

Censorship is antithetical to the scientific method because it requires free speech and open debate and skepticism Continue reading




ic

The Deep State intervened in US politics to undermine the elected President Donald Trump

Carlson: So now we’re arming the Taliban and marooning our own citizens in Afghanistan. Who could possibly have seen that coming. Glenn Greenwald is one of the few journalists who did see it coming. He writes for Substack where all … Continue reading




ic

The Deep State has declared war on American citizens who oppose the Deep State

THAT'S WHAT THEY ARE USING JANUARY 6TH. IT'S DEMENTED TO COMPARE 9/11 AND JANUARY 6TH BUT IT'S SO CENTRAL TO THE AGENDA OF THE SECURITY STATE, THE DEMOCRATIC PARTY, TO ESSENTIALLY INITIATE A SURVEILLANCE REGIME, A DETENTION REGIME, AGAINST PEOPLE ON THE RIGHT WHO ARE AGAINST THE ESTABLISHMENT. AND THEY’RE ALREADY DOING IT. AND THEY PUT PEOPLE ON THE NO-FLY LIST, THE KIND OF DEFINING FEATURE OF THE FIRST WAR ON TERROR, THEY WANT TO DO NEW LEGISLATION THAT GIVES THE FBI AND THE CIA NEW POWERS, SPENDING MORE MONEY ON LAW ENFORCEMENT. THIS WAR ON TERROR IS CRUCIAL TO THEM. Continue reading




ic

The media participated in a lying campaign to influence a political election

Glenn Greenwald: "So you have huge number of journalists who believe that, they have the right to lie and even when they get caught, they don't care because they know their audience won't hold it against them." Continue reading




ic

Новое видео RICKY WARWICK

"All I Want For Christmas... Is Christmas!" , новое видео RICKY WARWICK, доступно для просмотра ниже.
#Ricky_Warwick #RickyWarwick
Видео: https://www.youtube.com/watch?v=TPZ-S-BvfnQ




ic

Вокалист MAJESTICA исполняет хит ZZ TOP

TOMMY JOHANSSON порадовал поклонников новым клипом — на этот раз кавер-версией композиции ZZ TOP "Legs".
#Majestica #PowerMetal #Power_Metal
Видео: https://www.youtube.com/watch?v=I9KEGDpFCEs
https://www.youtube.com/watch?v=rBJ7L5LyAk4




ic

Тур METALLICA претендует на награду Pollstar

Pollstar, ведущее отраслевое издание индустрии живых развлечений, с радостью объявляет номинантов на 36-ю ежегодную премию Pollstar Awards. Эти награды - главное событие трехдневной конференции Pollstar Live!, крупнейшей в мире встречи профессионалов индустрии, эти награды признают и отмечают самых инновационных и успешных артистов, туры, компании, площадки и руководителей.

Победители будут объявлены на церемонии награждения в отеле Beverly Hilton в Лос-Анджелесе 19 февраля 2025 года. Среди знаменитостей, которые в прошлом были ведущими церемонии и участвовали в ней, - Dave Chappelle, Dave Grohl, Sir Elton John, Don Henley, Sebastian Maniscalco, Lars Ulrich и другие.

В номинации "Rock Tour Of The Year" на награду претендуют:

Blink-182’s “The More Time Tour”
Bruce Springsteen And The E Street Band’s “2024 World Tour”
Coldplay’s “Music Of The Spheres World Tour”
Foo Fighters’ “Everything Or Nothing At All Tour”
Green Day’s “The Saviors Tour”
Metallica’s “M72 World Tour”

В категории "Residency Of The Year" на награду претендуют:

Adele at The Colosseum at Caesars Palace/Neue Messe München
Billy Joel at Madison Square Garden
Dead & Company at The Sphere
Eagles at The Sphere
Jason Isbell And The 400 Unit at Ryman Auditorium
U2 at The Sphere
#Metallica #ModernRock #Modern_Rock #AvantgardeRock #Avantgarde_Rock #HeavyMetal #Heavy_Metal #ProgressiveMetal #Progressive_Metal #SymphonicMetal #Symphonic_Metal #ThrashMetal #Thrash_Metal #AvantgardeMetal #Avantgarde_Metal




ic

Unfinished Article: Optimization and Fragility

Have you ever found something you started writing but never finished? Here's something I started in October 2014. I've just rediscovered it in July 2020....




ic

HPT Treasures: Practical Situational Awareness

I posted about Situational Awareness at HPT Treasures today. What I didn't say in that post was that I've experimented with a few different methods...





ic

Top Comics to Buy for November 13, 2024: Some of the biggest books in comics

This week's Top Comics to Buy for November 13 features buzzy books like Absolute Batman, G.I. Joe, and more!




ic

Manga Review: THE SMALL-ANIMALLIKE LADY IS ADORED BY THE ICE PRINCE is on its way to melt hearts

The Small-Animallike Lady is Adored by the Ice Prince is a brand new romance manga from Yen Press. This first volume takes us to a familiar setting where there's a royal arranged marriage involved, and some frozen hearts are melted along the way!






ic

Brooklyn Independent Comics Showcase moves to two days in 2025

Due to demand from vendors, The Brooklyn Independent Comics Showcase (BICS) is going to a two day show in 2025




ic

The Paradoxical World of Spiritual Enlightenment: We are nothing but we are everything

When we wake up to who we are, something happens. We stop identifying with our egoic selves because we realize they are impermanent and only that which is permanent can be who we are.

We aren’t our bodies, we aren’t our memories, we aren’t our thoughts, we aren’t our feelings… We aren’t any of these things, so we stop identifying with them. What happens is that detachment develops. An aloofness or distancing from everything that occurs. We wake up to the fact that life is an extended dream and a relaxation is able to set in. It’s a sense of calm or a feeling that ‘all is well.’

We lose our identity with our lives, thoughts and feelings, so we witness them but we don’t engage with them. We notice them, but we don’t create stories with them. Since we don’t create ... Read More »

The post The Paradoxical World of Spiritual Enlightenment: We are nothing but we are everything appeared first on Enlightenment Podcast.




ic

The Price Can Go to Zero

For many years, the fees charged by investment managers of mutual funds grew ever so slightly, gradually approaching 1.5%. Over the last few years, though, the growth in these management fees has stopped. In fact, it reversed. Last year the average management fee charged for actively managed mutual funds was 1.38%, or 138 basis points, where a basis point is one tenth of one percent. But that average is badly misleading. It’s misleading because it treats all funds, regardless of size, as the same. When you adjust the fees for the size of the funds, you find that the dollar-weighted average for actively managed funds is now below 100 basis points. Three things have caused this reversal in management fees: low returns in the stock market, the growth of exchange-traded funds (ETFs) and a price war among the biggest players in the market.

The first two of these factors need little explanation. Over the last ten years, an investment in many bond funds out-performed an investment in diversified equity funds. These low returns have many investors focusing on the costs they incur for the management of their money. These costs include transaction fees for trading securities and management fees for the companies managing mutual funds or exchanged-traded funds. The second factor, the growth of ETFs, is somewhat less obvious, but important. ETFs have garnered a significant share of new money invested in equity funds over the last few years. Companies managing ETFs charge low fees for managing these funds because they have very low costs for shareholder servicing and some other administrative functions associated with investment management. Shrewd mutual fund managers have reduced prices in order to manage the gap in pricing they allow for their managed mutual funds compared to comparable ETFs.

These two causes of the fall in prices for investment management now have a third important factor. This third factor may turn out to be the most important of all. (See the Symptom & Implication, “The industry is seeing its first price wars” on StrategyStreet.com.) As described in other blogs (see blogs HERE and HERE), Vanguard has started, and continued, a price war in the ETF market. For example, iShare’s MSCI Emerging Market’s ETF and Vanguard’s Emerging Market’s ETF compete directly. Vanguard’s fund charges 27 basis points. The iShare’s fund charges 69 basis points. The iShare’s fund entered the market well before the Vanguard fund, and was much larger than the Vanguard fund. However, during 2010, the Vanguard ETF added $18 billion to its fund while iShare’s added about $4 billion. Price matters among peers.

The iShare’s funds are not always market share losers, however. The iShare’s Gold Trust is an ETF that competes with a larger rival, SPDR Gold Trust. Until June of last year, both of these ETFs charged 40 basis points. In June, iShares cut its management fees to 25 basis points. SPDR Gold Trust stayed pat at 40 basis points. Over the next few months, the iShare’s fund gained $875 million in new money, while the SPDR Gold Trust saw a net loss of $1.2 billion of money under management. Price matters among peers.

These management fees can even go to zero. One ETF today has no management fee, zero. It gets its revenues by lending out the securities in its portfolio. (See the Symptom & Implication, “Technology improvements bring falling prices” on StrategyStreet.com.)

Of course, as companies engage in price wars, they advertise their lower prices extensively in order to capture as much market share as possible before their competitors respond. The result: customers are becoming ever more price sensitive about the management fees they pay, simply because the management companies tell them to be more sensitive.

How long will it be until this fee warfare spreads to other smaller types of ETFs? Not very long, as long as price moves share.




ic

Constrictions in Components Supply Support Higher Prices

Years ago we were doing some work in the roofing business. In one study, we were working on the asphalt shingle roofing manufacturing business. At the time, this was a terrible business. Returns were low, growth rates were modest, at best, and there was a good deal of overcapacity in the industry. Then the industry caught a break. A shortage in asphalt developed. This shortage of asphalt rolled through the asphalt shingle plants and restricted their output. Immediately, prices jumped, returns became attractive and industry participants breathed a sigh of relief. Unfortunately, this asphalt shortage did not last very long. The industry shortly returned to its previous hostile condition. (See the Perspective, “What Ends Hostility?” on StrategyStreet.com.)

A shortage in any component, or labor, will restrict industry capacity and tend to raise prices. A labor shortage is, in part, responsible for some of the high prices in mining today. Miners work in areas that are often hard to reach. They also are skilled employees. The run-up in commodity prices, especially those related to ores such as silver, gold and copper, has increased the demand for these skilled miners. In addition, the mining industry faces competition for skilled workers from the oil and natural gas industries, which are also growing.

Mining companies are now going to great lengths to attract and retain these skilled workers. Some of these miners are now earning 25% more in compensation than they were a year ago. Some companies are flying workers to and from remote mines. For example, BHP Billiton plans to fly 500 workers from Brisbane, about 500 miles away, to a coal mine site that they are opening and then fly them back home after a couple of weeks.

If this commodity boom continues, the industry’s total capacity will be determined more by labor availability than by its more traditional measures of capacity. (See “Audio Tip #117: Capacity Constraints and Pricing” on StrategyStreet.com.)




ic

The Japanese Pay the Price

The figures are in for U.S. auto sales in 2010. The biggest winners in percentage growth were Hyundai, at 24%, and Ford at 20%. Toyota lost .4% and Honda grew a mediocre 7%. The Japanese struggled in 2010.

Earlier we wrote a blog about Ford’s ascendency and Toyota’s problems (see Blog HERE). Toyota is paying the price for failing its customers. Honda appears to be getting painted with the “failure” brush, though I doubt its punishment is deserved.

I am actually using the word “fail” to mean something specific here. A company fails its customers when it is unable or unwilling to do something that at least half of its competitors can, or will, do for customers. Toyota’s troubles with accelerators, floor mats, and so forth, received extensive media coverage. This coverage clearly has had a negative impact on Toyota this year.

Toyota’s struggles illustrate the win and fail dynamic. In our terms, a “win” occurs when a company is able to do something that the majority of its competitors either can not or will not do. Wins account for a good deal of market share growth in a fast-growing market, but are less important in more mature markets. In a more mature Stable market and, especially, in all Hostile markets, failure moves a significant amount of market share.

Here is what this means. The decision to change a supplier is really two decisions. The first is the decision to leave a current supplier and the second is the decision on which new supplier to take on in your relationship. In the average Stable and Hostile marketplace, more market share moves on failure than on wins. This means that before an established customer will change suppliers, its current incumbent supplier must “fail” the relationship in some way. This failure, then, opens up the customer’s relationship to competition among other potential suppliers. Whichever supplier gains this customer’s volume really did so only after the incumbent failed. We call this gain a “weak win.” The “weak win” would not have happened on a straight-up comparison of performance and price of the new supplier versus the old. The gain only happened after the incumbent clearly failed the customer and then opened the relationship to someone new.

Toyota’s failure was largely a failure of Reliability. It clearly lost share. The companies that gained this share from Toyota, Ford and Hyundai among them, enjoyed some degree of a “weak win” in the domestic automobile market. They may have “won” market share as well, but my guess is that most of their share gains from Toyota fell to them from Toyota’s “failure.”




ic

Another Creative Pricing Scheme

It is not often that you see companies using really unusual pricing to build future business. Here is one that I like.


Every price has three and, usually four, components: the Benefit Package, the Basis of Charge, the List price and usually some Optional Components of price. The Benefit Package includes all of the Function, Reliability and Convenience benefits associated with the main product. The Basis of Charge is the way the company quantifies the unit of sale that it prices with the List Price, which is the stated price per unit of product sold. The Optional Components of price enable the company to leave the List Price unchanged, but to alter the value the company offers the customer by changing Functions, Reliability or Convenience benefits beyond those of the main product. The most creative pricing schemes usually involve the Optional Components of price.


Recently, we described one of these Optional Components of price, a Call, offered by Continental Airlines. In this blog, we will describe a “Put” offered by Best Buy. A Put is an Optional Component of price that enables the customer to sell back a product to the seller at a stated price in the future.


Best Buy recently introduced the Buy-Back program for various electronic gadgets it sells. This program adds a fee to the original List price of the product. In return for that fee, the customer gets the right to bring the product back for up to two years for a return value of a stated percentage of the original List price of the product. These percentages run from 20% to 50%, depending on the time of the return. The value of the return itself comes in the form of a Best Buy gift card. Best Buy hopes the customer will use this gift card to purchase an upgrade on the product that the consumer returns.


This Put may be attractive to consumers concerned about the speed of technological innovation in electronic gadgets. The Put effectively reduces the future price of purchasing a new electronic gadget. It leaves the current List prices and future List prices unchanged. It also increases the odds that Best Buy will be the retailer who delivers the new technologically-advanced product.




ic

The Kindle with Special Offers…not your typical low-end product

Amazon has introduced a low-end Kindle product, the Kindle with special offers. This Kindle sells for $114 compared to the standard $139 Kindle with Wi-Fi. This is not a typical low-end product. Low-end products offer fewer benefits than industry-leading products (we call these Standard Leader products) for either the buyer or the user of the product in return for a lower price. We call these low-end products Price Leaders. There are two kinds of Price Leaders. The first, called Strippers, strip out benefits for both the user and the buyer of the product in order to achieve a very low price. The second, Predators, offers the user equivalent benefits to the industry’s main product but fewer benefits for the buyer. On average, Price Leaders cost about 33% less than Standard Leader products.




You will note that the Kindle with special offers does not fit easily into either of these two Price Leader categories. It reduces the user benefits by delaying the use of the product until the customer has viewed advertisements. There is no change to the benefits offered the buyer of the product. The Kindle with special offers deviates from the norms of Price Leader products with its level of discount. The Kindle with special offers sells for about 18% less than the standard Kindle product.



The Kindle with special offers varies from the Price Leader pricing norm in another interesting and important dimension. Some of these “special offers” are really good deals for the average Amazon customer. In one particularly interesting offer, Amazon will sell an Amazon Gift Card worth $20 for just $10. So, an avid fan of the Amazon web site receives additional user benefits with this new low-end product. In many cases, these special offers may more than offset the disadvantage to the user of a delay in using the product while the user views an ad.



This new Kindle with special offers is a very creative product innovation. Congratulations to Amazon.




ic

Benefits of Intense Competition: Lower Prices and Better Products

No segment of our economy has been under more intense pressure than the manufacturing sector.  Lower labor costs in many parts of the international economy have forced manufactured product prices down and shifted manufacturing jobs out of the United States.  Competition has indeed been intense.

Over the years, we have done in depth studies of more than fifty industries who have faced intense competitive markets.  We found both what you might expect and, also, what you wouldn’t expect.  You would expect that costs in a difficult industry would fall as companies work to make a profit despite the falling prices that accompany intense competition.  What you might not expect is that product quality and supporting service levels increase at the same time as costs and prices fall.  Customers simply will not buy a poor product even if its pricing declines. 

The broad measures of the manufacturing sector illustrate these same conclusions.  Manufacturing in the U.S. is finally growing again.  In 2010, manufacturing jobs increased for the first time since 1997.  Today manufacturing is growing at three times the rate of the domestic economy.  Consider, as well, the following facts as noted by Jerry Jasinowski, a former President of the National Association of Manufacturers:

  • American exports of goods rose 21% in 2010.  Conclusion: the quality of our goods is rising.

  • Manufacturing output in the U.S. today is twice that of the rate of the 1970s, in real terms.  Conclusion: we are more cost competitive today than we were in the 1970s.


  • Between 1987 and 2008, manufacturing productivity grew by more than 100%, while the rest of the business sector’s productivity increased by less than 60%.  Conclusion: we get far more out of our workforce today than we did in 1987 and than many businesses do today.

  • Between 1995 and 2008, manufacturing prices decreased by 3%, while the overall price level in the economy increased by 33%.  Conclusion:  while product quality has improved, and costs have fallen, prices have also declined.

The overall picture the manufacturing sector portrays, over the last twenty-five years, is that hostile market conditions produce better products and lower prices for customers, both at the same time.




ic

SLC-1L-11: Planting Rice at Sunrise



Seeing as no one is doing much traveling these days, I thought it'd be fun to pay a visit with a Strobist reader photographing somewhere far away.

Up for a little Lighting Cookbook field trip to Indonesia? Yeah? Then let's go... Read more »




ic

Surviving The World - classic comics


This comic was originally posted in 2017.

Thoughts from 6/6/2020: This comic originally ran with pretty straightforward commentary underneath: "White supremacists can go to hell. And any other monsters like them can go to hell as well. And may the rest of us never join them, actively or passively."

I never explicitly said it in STW and I should have, but Black Lives Matter.

When STW ended, we made a book of the best 300 comics. You can buy the PDF of the book right now, and all sales are going to go to support Black Lives Matter, and foodbanks in need because of the coronavirus. And there's more. You can also buy all the videos ever made for STW, including many that were not openly shared, and all sales are also going to the same causes.

This is the bare utter minimum that I can do and will do, but it's a start. Hopefully this will help make the title of this comic be a real-world existence for more people.




ic

Surviving The World - classic comics


This comic was originally posted in 2017.

Thoughts from 6/7/2020: The flags at the bottom were for trans rights, given when this originally posted, but given the current Black Rights Matter protest, and JKR even further torpedoing her legacy yesterday with her transphobia (happy Pride, by the way), this comic seems like it meets the current moment well enough.

When STW ended, we made a book of the best 300 comics. You can buy the PDF of the book right now, and all sales are going to go to support Black Lives Matter, and foodbanks in need because of the coronavirus. And there's more. You can also buy all the videos ever made for STW, including many that were not openly shared, and all sales are also going to the same causes.

This is the bare utter minimum that I can do and will do, but it's a start. Hopefully this will help make the title of this comic be a real-world existence for more people.




ic

Surviving The World - classic comics





These comics were originally posted in 2011, 2012, 2017, and 2018, respectively.

Thoughts from 6/10/2020: Sprite had to be put down today. We were insanely fortunate to have her as part of our family for so long - we had her since 2006 - but no 14-year-old cat lives forever. She was easily the greatest cat I've ever had, the cat that changed my entire perspective on her species. She used to come running if I called 'henchman!' so she would watch Red Sox games with me. She ate the 4 pet birds we had when she broke their cage open. She would put her cat toys away at night before climbing into bed. She used to let me use her body to erase the chalkboard. She knew she was the boss of the house but she was incredibly sweet. The only reason it took over 800 comics for her to show up on STW before becoming the first cat TA was that I couldn't sneak her into Cornell engineering buildings like I could the dog. I'm heartbroken today.

There are bigger crises at hand right now, and this loss is certainly not equivalent. But it's still a big loss to me.

Black Lives Matter / Coronavirus help: >When STW ended, we made a book of the best 300 comics. You can buy the PDF of the book right now, and all sales are going to go to support Black Lives Matter, and foodbanks in need because of the coronavirus. And there's more. You can also buy all the videos ever made for STW, including many that were not openly shared, and all sales are also going to the same causes.

This is the bare utter minimum that I can do and will do, but it's a start. Hopefully this will help make the title of this comic be a real-world existence for more people.




ic

Surviving The World - classic comics


This comic was originally posted in 2010 for the repeal of Don't Ask Don't Tell.

Thoughts from 6/16/2020: Didn't expect that full win yesterday. Thought they would find a way to split the baby. I'll take every simple win they'll give us.

Black Lives Matter / Coronavirus help: >When STW ended, we made a book of the best 300 comics. You can buy the PDF of the book right now, and all sales are going to go to support Black Lives Matter, and foodbanks in need because of the coronavirus. And there's more. You can also buy all the videos ever made for STW, including many that were not openly shared, and all sales are also going to the same causes.

This is the bare utter minimum that I can do and will do, but it's a start. Hopefully this will help make the title of this comic be a real-world existence for more people.




ic

Surviving The World - classic comics


This comic was originally posted in 2017.

Thoughts from 6/30/2020: There's a lot of pro-LGBTQ comics throughout STW, which was probably a sign to some extent that I was hiding a part of my queerness throughout the run of the comic, even if I didn't know that I was NB until a month or so after this specific comic came out, actually. I can regret the lost time but I don't think I'd be in the solid place I am now if I had come out earlier, so I try to keep that in mind (even if I often fail at doing so). Anyway, today is the last day of Pride Month for 2020 and to keep in mind the protests of the last month, there wouldn't be the degree of LGBTQ rights that there are now if it hadn't been for Black trans women like Marsha P. Johnson leading the way in the first place. So here's to those who fight for who they are and have the courage to exist despite the world trying to keep them in the shadows.

Black Lives Matter / Coronavirus help: When STW ended, we made a book of the best 300 comics. You can buy the PDF of the book right now, and all sales are going to go to support Black Lives Matter, and foodbanks in need because of the coronavirus. And there's more. You can also buy all the videos ever made for STW, including many that were not openly shared, and all sales are also going to the same causes.




ic

Surviving The World - classic comics


This comic was originally posted in 2009.

Thoughts from 7/1/2020: Halfway through the year and I'm sure those resolutions are going well, right? This year in particular ...

Donate to Black Lives Matter / Coronavirus help: When STW ended, we made a book of the best 300 comics. You can buy the PDF of the book right now, and all sales are going to go to support Black Lives Matter, and foodbanks in need because of the coronavirus. And there's more. You can also buy all the videos ever made for STW, including many that were not openly shared, and all sales are also going to the same causes.




ic

Surviving The World - classic comics


This comic was originally posted in 2017.

Thoughts from 7/3/2020: The best part about this comic is that it is still true and we can just reflect on a different subset of society this time. For some reason, and I can't figure out why, it's been very hard for me to celebrate July 4th the last few years ...

Donate to Black Lives Matter / Coronavirus help: When STW ended, we made a book of the best 300 comics. You can buy the PDF of the book right now, and all sales are going to go to support Black Lives Matter, and foodbanks in need because of the coronavirus. And there's more. You can also buy all the videos ever made for STW, including many that were not openly shared, and all sales are also going to the same causes.




ic

Surviving The World - classic comics


This comic was originally posted in 2017.

Thoughts from 7/4/2020: I don't think the strength of those morals have improved at all in the last few years, either.

Donate to Black Lives Matter / Coronavirus help: When STW ended, we made a book of the best 300 comics. You can buy the PDF of the book right now, and all sales are going to go to support Black Lives Matter, and foodbanks in need because of the coronavirus. And there's more. You can also buy all the videos ever made for STW, including many that were not openly shared, and all sales are also going to the same causes.




ic

Surviving The World - classic comics


This comic was originally posted in 2009.

Thoughts from 7/6/2020: Not to worry, third hands will just go away on their own. Nothing to worry about here.

I remember being particularly pleased with how elastic my face could be back in some of these comics. Alas, as time passes ...

Donate to Black Lives Matter / Coronavirus help: When STW ended, we made a book of the best 300 comics. You can buy the PDF of the book right now, and all sales are going to go to support Black Lives Matter, and foodbanks in need because of the coronavirus. And there's more. You can also buy all the videos ever made for STW, including many that were not openly shared, and all sales are also going to the same causes.




ic

Surviving The World - classic comics


This comic was originally posted in 2016.

Thoughts from 7/19/2020: This one must have come to me in a fever dream. Anyway, this was from theSwede's and my 8th anniversary, and now it's the 12th. Hurray or something.

Donate to Black Lives Matter / Coronavirus help: When STW ended, we made a book of the best 300 comics. You can buy the PDF of the book right now, and all sales are going to go to support Black Lives Matter, and foodbanks in need because of the coronavirus. And there's more. You can also buy all the videos ever made for STW, including many that were not openly shared, and all sales are also going to the same causes.




ic

Surviving The World - classic comics


This comic was originally posted in 2011.

Thoughts from 12/23/2020: My kids haven't asked me yet because they still believe, but when they do, I'm absolutely going to be pushing this explanation, are you kidding?

Donate to Black Lives Matter / Coronavirus help: When STW ended, we made a book of the best 300 comics. You can buy the PDF of the book right now, and all sales are going to go to support Black Lives Matter, and foodbanks in need because of the coronavirus. And there's more. You can also buy all the videos ever made for STW, including many that were not openly shared, and all sales are also going to the same causes.