Apple could survive on current cash alone until 2018

During the 2Q 2011 Apple Results Call last Wednesday, we listened with rapt attention as the number for "Cash and Cash Equivalents" figure was announced. The number, as you may recall, was US$65.8 Billion. One question that many of us always ask is "What could Apple do with that money?"

Asymco analyst Horace Dediu always provides fascinating insights, and in a post yesterday he not only did a breakdown of the sources of that cash, but did some comparisons just to show how huge the cash stash is. The pile of simoleons is made of "only" $15 Billion in cash, about $14 Billion in short-term marketable securities, and the rest -- about $37 Billion -- in long-term marketable securities.

Dediu's comparisons are staggering:

• If Apple's revenue stream was cut off today, the company could sustain operations (research and development, sales, general and administrative expenses) for seven years
• Apple's folding money is worth half of Google's enterprise value
• Those funds place Apple's CFO office into the top 100 of fund managers in the world, bigger than any hedge fund manager
• The cash growth in the last quarter was higher than the market capitalization of many companies.

What's really amazing is that the rate of growth of Apple's hoarded lettuce appears to be increasing. What do you think Apple should do with all of that cash? Leave us your ideas in the comments.

[via The Apple Investor]

Apple could survive on current cash alone until 2018 originally appeared on TUAW on Wed, 27 Apr 2011 15:00:00 EST. Please see our terms for use of feeds.

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Source: http://www.tuaw.com/2011/04/27/apple-could-survive-on-current-cash-alone-until-2018/

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Psychologists Ask How Well-or Badly-We Remember Together

Several years ago, Suparna Rajaram noticed a strange sort of contagion in a couple she was close to. One partner acquired dementia-and the other lost the nourishing pleasures of joint reminiscence. "When the other person cannot validate shared memories," said Rajaram, "they are both robbed of the past." From this observation came a keen and enduring interest in the social nature of memory, an area of scholarship occupied mostly by philosophers, sociologists, and historians-and notably unattended to until recently by cognitive psychologists...

Source: http://feedproxy.google.com/~r/mnt/healthnews/~3/qQCEjvJ38Ms/223579.php

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Obama Slams Media For Focusing On Birther Issue: ?No More Silliness?

Washington -- President Obama slammed the media specifically reporter Chuck Todd from MSNBC for entertaining the "carnival barkers" who wouldn't put the birther issue to rest. The White House released Obama's birth certificate earlier this morning to quell the talk that he wasn't born in the U.S. once and for all. The birther issue seemed to die early last... Read more..

Source: http://newsone.com/nation/washington-watch/newsonestaff2/obama-slams-media-birther-issue-chuck-todd/

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BMW Opening Design Studio in Shanghai to Keep A Finger on the Pulse of China

The BMW Group’s in-house design consulting firm, DesignworksUSA, will be opening a new studio in Shanghai later this year?supplementing the feeds from existing studios in Los Angeles, Munich, and Singapore with some Chinese design flair. DesignworksUSA may be a subsidiary of an automotive company in BMW, but it dabbles in industrial and product design for [...]

Source: http://feedproxy.google.com/~r/caranddriver/blog/~3/DrqJX8OrPto/

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2011 NFL Draft: Is Tipping off the 34th Pick Just a Smokescreen for the Bills?

Take a step back for a moment and think about the constant smokescreens that NFL teams create around the NFL draft.

Recently, former Buffalo Bills receiver Andre Reed tipped off the Twitter-world that the Bills like Florida State quarterback Ponder, and that he looks forward to calling his name atop the second round.

Could this be an excellent smokescreen orchestrated by the Bills? It's no secret that Buddy Nix and Chan Gailey are looking to add a defensive lineman early in the draft. However, the top talent will likely be gone by Friday with the Bills having the second pick in the second round.

Tipping off the sports world that the Bills like Ponder could cause a couple teams to jump the Bills in the second half of the first round to take Ponder, Dalton, or Kaepernick. This would allow fringe first rounders such as Muhammad Wilkerson or Cameron Heyward to fall right into their laps at no. 34.

This is all merely a speculation, but doesn't it seem a bit odd that Andre Reed would to something careless so close to the NFL draft?

Please share your opinions on this theory, and let me know who you would like atop the second round.

Source: http://bleacherreport.com/articles/677800-2011-nfl-draft-is-tipping-off-the-34th-pick-just-a-smokescreen-for-the-bills

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WoW Moviewatch: Why Can't I Raid?

Why Can't I Raid? was among my first exposures to the talented Sharm (who I called TaintedLore back then). The video itself was created by Leonarddum. While the auto-tune was a tad thick in this performance, that just mirrors the use of auto-tune in Rihanna's Unfaithful.

The lyrics paint the heartbroken disappointment of a raider who can never quite get a raiding spot. That's the kind of thing that can just crush a player's interest in the game after a while, and Sharm does a good job of illustrating the frustration. While I doubt she intended this parody to be an intense analysis of the game, I can't help but think there are more than a few raid leaders who would benefit by listening to it.

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Interested in the wide world of machinima? We have new movies every weekday here on WoW Moviewatch! Have suggestions for machinima we ought to feature? Toss us an email at moviewatch@wowinsider.com.

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Filed under: WoW Moviewatch

WoW Moviewatch: Why Can't I Raid? originally appeared on WoW Insider on Tue, 26 Apr 2011 12:00:00 EST. Please see our terms for use of feeds.

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Source: http://wow.joystiq.com/2011/04/26/wow-moviewatch-why-cant-i-raid/

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NFL Draft 2011: Expect 49ers to Draft Defense with No. 7 Pick

Draft Day 2011 is less than 24 hours away and for football fans, the countdown couldn't come quicker.

Mock Drafts have been exhausted every which way possible. Fights have broken out and friendships may have been temporarily ruined.

And for a team like the San Francisco 49ers, holding the No. 7 overall pick may feel like a trip to the dentist appointment. You just want to get it over with.

Sources have indicated lately that the Carolina Panthers will take Auburn quarterback Cam Newton No. 1 overall. At No. 2, the Denver Broncos are going defense, but the question is who. Will it be Texas A&M linebacker Von Miller or Alabama defensive tackle Marcell Dareus.

One thing is clear, Von Miller won't slip past the Buffalo Bills at No. 3.

Picks four and five are complete wild cards, with the Bengals and Cardinals looking to improve in a ton of areas. Will Cincinnati draft Georgia receiver AJ Green to comfort the loss of Chad Ochocino or will they take a shot at Missouri quarterback Blaine Gabbert to take over for Carson Palmer?

The quarterback desperate Arizona Cardinals might be looked at as a shoe-in to take Gabbert at No. 5, however, defense might be a bigger problem to address. With North Carolina defensive end Robert Quinn, LSU corner Patrick Peterson and Auburn defensive tackle Nick Fairley all available, which of their many needs will Arizona try to fill in first?

With the sixth pick, the Cleveland Browns are said to be eyeing Alabama wide receiver Julio Jones in hopes of finding a true No. 1 receiver.

With the seventh pick, the 49ers could have their picking of LSU corner Patrick Peterson or defensive end Robert Quinn. Either way, the 49ers cannot go wrong with either pick.

The 49ers haven't had a double digit pass rusher since Andre Carter back in 2002 and Quinn gives them a pass rush threat. Peterson, on the other hand, allows the 49ers to finally have a legit cover corner, something they sorely lack.

Although some experts have considered the 49ers taking a quarterback at No. 7, this much is clear, after the Alex Smith pick back in 2005, the 49ers cannot afford to draft a quarterback in the Top 10 with too many red flags.

The real question for the 49ers is if Patrick Peterson is taken earlier in the draft, would the 49ers simply pass on to the next highest rated cornerback in the draft, Nebraska cornerback Prince Amukumara?

Or perhaps seeing that defensive end is their biggest need, could the 49ers remember the last time they took a North Carolina defensive lineman in the first round (Kentwan Balmer) and pass instead for Wisconsin defensive end JJ Watt?

In less than 24 hours, we're about to find out which defensive player the 49ers will take.

Source: http://bleacherreport.com/articles/681236-nfl-draft-2011-expect-49ers-to-draft-defense-with-no-7-pick

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