Free Markets, Free People

Dale’s Observations For 2010-06-04

The Dow lost 323.31. The Euro fell below $1.20. The 10-year T-note yield fell from 3.36% to 3.2%. Gold up $12.20 to $1,220/oz. Bad, bad day. #

I wonder how Steve Jobs feels about AT&T stabbing his iPad marketing in the back with their new data plans. # Obama on jobs report: “This report is a sign that our economy is getting stronger by the day.” That's…insane. #

Even Robert Reich sees us heading into a double-dip recession. Of course, his solution is more spending. As always. #

The government has gotten oil spill advice from James Cameron and Kevin Costner. Why mess around with these losers? Call in Bruce Willis. #

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6 Responses to Dale’s Observations For 2010-06-04

  • AT&T stabbing his iPad marketing in the back with their new data plans.
    Frankly, none of the cell phone networks is designed to carry the network load that the iPhone and iPad have put on them … none of them.  A recent study said that AT&T had the fastest but it was spotty.  The Verizon users in NYC constantly complain network problems … imagine them with iPads and iPhones.
    To get an idea of the problem, a cell phone in standard voice mode used 1Kb to 1.5 Kb per second on the network.  Video is at least an order of magnitude larger for small formats.

    • I’m not so sure of that.  I mean in a DVD audio can be 1/2 a gig.  And you can shrink the image and reduce the image size.  You can’t shrink the audio.  Although phone quality isn’t DVD audio quality either.
      But when it would be cheaper for me to set up a phone relay in California to make calls 50 miles away rather than calling direct, I’m not big on trusting AT&T’s cost claims.

      • Most cell phones run either 8k bits/sec or 12.2 bits/sec of compressed speech.
        A good chunk of the battery life goes to making this work.

  • I have stayed away from any kind of smartphone because of that data plan nonsense.

    • My son transferred some pictures .. about 1.4Mb .. enough data to fill a 3.5″ floppy … cost $135.00 … Ouch !!

  • I was discussing this issue over at Daily Pundit yesterday. Basically, AT&T got rolled by Apple over the iPhone and now they’re striking back.

    I think they both suck. AT&T has awful service and uncaring personnel, and I’ve written posts here about that. Apple, though, forced a deal with AT&T in which they basically made AT&T Wireless a subsidiary of Apple as far as generating profit goes, but cleverly left them as a subsidiary of AT&T for infrastructure investment and risk. Steve Jobs has made it pretty clear that he thinks he has AT&T hooked, and is quite willing to suck them dry.

    Of course, AT&T was stupid to sign the original deal. Now they’re in a bad spot. They can continue running like a banshee and pumping money into their infrastructure to keep things going, just to turn all the profit over to Apple, or they can stand up to Apple and risk losing the iPhone/iPad monopoly as soon as the contracts come up, which would probably result in hemorraging customers. Looks like they’ve chosen the second course, and at least they were smart enough to do it early in the contract cycle so they could delay the most of the lost-customer fallout as long as possible.