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Greek Economic Optimism In One Embarrassing Chart

Source: http://www.businessinsider.com/chart-greek-economic-projections-2012-11

The remarkable forecasting skills of the Troika and the immense decisions being taken on the back of these ‘sacrosanct’ projections need to be put into context. We are more than happy to do that… as the chart below shows, so far so bad as the Troika has pretty much nailed it on the ‘most optimistic mean-reverting model’ ever. Not wanting to steal the jam from Europe’s donut but the forecasts are – quite evidently – a complete and utter joke. Going forward though, we are sure it’s different this time…

Greek Economic Projections v. Actual

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Wednesday, November 14th, 2012 news No Comments

How You Can Get a Fresh iPad for $100 (Updated) [Apple]

Source: http://gizmodo.com/5848784/how-can-you-get-a-fresh-ipad-for-100

How You Can Get a Fresh iPad for $100 (Updated)I love my iPad. It’s the original model, bought on April 3, 2010. It’s been working perfectly since then but the battery life was really bad, lasting only a couple of hours lately. It was exhausted. I had to replace it.

In the process, I got a fresh iPad 64GB at the Apple Store for just $100. The good news, you can get one too.

After so many charging cycles, my original iPad’s battery was exhausted. It took forever to recharge and only a few hours to completely run out. I remember the days when I first got it. I could use it normally for a couple of days, watching at least two Netflix movies on it or browsing the web, running some apps and reading comic books.

I went to the Apple Store to ask for a battery replacement. But, as it turns out, you can’t replace an iPad’s battery. As the guy at the Apple Store’s Genius Bar told me: “See? They don’t have screws. We can’t replace the battery.”

Then he added: “If you want a new battery, we have to give you an entire new iPad.”

How? My iPad was out of warranty. I didn’t buy Apple Care. Furthermore, the iPad itself was broken on one side. One day I dropped it on the floor and the aluminum got quite chipped on one side.

He answered that this was no problem. I only have to pay $100 for the “battery.” In return, they would give you a reconditioned iPad with the same storage size as yours, with a fresh battery inside.

So I did exactly that. I paid the hundred bucks and got back home with a perfect battery life and an iPad with no blemishes whatsoever. If your battery life is sketchy—which is probably the case if you bought it back in April 2010—you should go to an Apple store, pay your hundred and get a fresh new iPad on your hands.

And your old iPad doesn’t go to waste. These get refurbished too. Any bad parts get replaced and go back into the cycle of Apple life.

Update: A former Genius shares his tips in the comments:

• You can do the same thing with any iPhone for $79, and most iPods for $69.

• Apple will replace an iPhone in almost any condition (the only exception being for devices that are literally broken into little pieces, or ones that are missing parts) for $199, even if it’s liquid damaged or cracked.

• Apple will replace any OOW damaged iPad for around half the price.

• On an iPhone 4, if the back glass is cracked, an Apple employee can replace it for $29 in only about 5 minutes, also not a bad idea if your camera lens is scratched beyond repair

• If you restore your device before bringing it in, there are no usage records saved and they have to take your word for it that the battery is defective.

That’s pretty good customer service indeed.


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Wednesday, October 12th, 2011 news No Comments

Microsoft Is Still Huge

Source: http://gizmodo.com/5573995/microsoft-would-like-to-remind-you-that-theyre-still-quite-ginormous

Sure, Microsoft may have given away its lead and legacy in mobile and probably jumped into too many hyper-competitive sectors, but they still have the widest reach in technology. And they’re still pretty damn successful.

In recent years, Microsoft may be a step or two behind, but they’re relevant in nearly every sector. And with Office 2010, a new Xbox 360, Kinect, and perhaps most importantly, Windows Phone 7, all receiving substantial upgrades this year, 2010 is shaping up to be absolutely huge for them. And that’s coming off a 2009 where Windows 7, Bing and the Zune HD were introduced. We’re just so used to Microsoft being around that we sort of take them for granted for all the good that they do.

So Microsoft revealed some numbers to serve as a reminder:

• 150 million Windows 7 licenses sold

• 7.1 million projected iPad sales in 2010
• 58 million projected netbook sales in 2010
• 355 million projected PC sales in 2010

• less than 10% of US netbooks ran Windows in 2008
• 96% of US netbooks ran Windows in 2009

• 16 million subscribers to the largest 25 US daily newspapers
• 14 million Netflix subscribers
• 23 million Xbox live subscribers

• 173 million Gmail users
• 284 million Yahoo Mail users
• 360 million Windows Live Hotmail users

• $5.7 billion Apple net income for fiscal year ending in Sept 2009
• $6.5 billion Google net income for fiscal year ending in Dec 2009
• $14.5 billion Microsoft net income for fiscal year ending in June 2009

Yes, they’re patting themselves on the back a bit but the numbers are just staggering. If you’ve forgotten, now you know: Microsoft will always be a very, very big deal. [Official Microsoft Blog via Bits]

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Sunday, June 27th, 2010 news No Comments

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