Seeking Alpha

jbfiacco

jbfiacco
Send Message
View as an RSS Feed
View jbfiacco's Comments BY TICKER:
Latest comments  |  Highest rated
  • Apple: Take The Money And Run [View article]
    Please don't criticize the author. He is from Greece and understands economics and the private sector.
    Sep 7, 2012. 06:40 PM | 22 Likes Like |Link to Comment
  • Why I Hate Apple [View article]
    "If you haven't got a penny, a halfpenny will do. If you haven't got a half penny, than God bless you!"

    The article was worth reading as it made some good points.
    Dec 5, 2014. 01:57 PM | 20 Likes Like |Link to Comment
  • Zacks' Bull Of The Day: Apple [View article]
    Barantos, did you take a hate pill?
    Oct 6, 2014. 02:42 PM | 6 Likes Like |Link to Comment
  • Apple's Solar Powered iPhone 6 And iPod Touch Under A Sapphire Hood [View article]
    Good job Sherlock!
    Jan 26, 2014. 09:21 AM | 6 Likes Like |Link to Comment
  • Apple: Samsung Ripped Off The iPhone [View article]
    The TRUE FACTS behind the Xerox Apple story from a XEROX employee close to the events, from his own writings, not the myth that has been spread on the Internet:


    Rich Karlgaard’s writing about the Apple’s lawsuit evokes sad memories for me. In 1979, Xerox Development Corporation (XDC), a wholly-owned Xerox subsidiary made an approximate $1.1 million investment in Apple as part of a venture capital round in the fledgling personal computer company. In the minds of XDC’s small entrepreneurial team (of which I was a part), this was the start of an exciting long-term relationship offering access to a major new business opportunity for Xerox, including potentially marketing Apple products worldwide via Xerox’ already extensive sales organization. On the basis of this envisioned relationship, Xerox Palo Alto Research facility (PARC) was opened up to Apple with the intent that Apple should use any available technology it wished in Apple’s products. Several years later, Xerox top management decided that Apple, “that small California start-up” was not going to succeed and was unlikely to ever produce a product worthy of being marketed by Xerox. Instead, Xerox management elected to fund an internal program to develop a personal computer (named the “Xerox 820”) worthy of the Xerox label. I was instructed to dispose of the Apple stock, now a public company, which I did by donating part to the Xerox Foundation and bleeding the rest into the market over several months. The result was a roughly 19-1 investment gain, but a huge missed opportunity for Xerox. Much of this happened before IBM had developed its initial PC. Today, the entire personal computer topology might be much different if Xerox had stuck with the initial commitment to Apple. As a well-known radio personality would say: “Now you know the rest of the story.”
    As part of this investment agreement, which was for PRE-IPO common stock, Xerox allowed Steve Jobs and a team of design and software engineers two 8 hour visits to PARC and to USE anything they learned there... but they could not take notes, or take any software, or copy any hardware. They could use what they learned. This was a formal agreement for Xerox being allowed to buy the pre-IPO stock. i.e. Apple purchased the rights to what they saw and learned. Microsoft and Bill Gates were never there.


    1 posted on August 27, 2012 3:04:59 PM EDT by Swordmaker

    [ Post Reply | Private Reply | View Replies]


    To: ~Kim4VRWC's~; 1234; Abundy; Action-America; acoulterfan; AFreeBird; Airwinger; Aliska; altair; ...

    A poorly researched Wall Street Journal article raises the "Apple stole the GUI" from Xerox MYTH to criticize Apple in the Samsung infringement decision—PING!
    Sep 5, 2012. 11:43 AM | 6 Likes Like |Link to Comment
  • Why Apple May Miss Upcoming Earning Estimates [View article]
    By missing "upcoming earnings estimates" are you talking April or 2014? Or just sometime?
    Apr 11, 2012. 11:46 AM | 6 Likes Like |Link to Comment
  • Apple roundup: GT Advanced, iOS 8, 12.9" iPad, iPhone 6 [View news story]
    The slow uptake of iOS 8 has nothing to do with bugs, wi fi, iCoud or battery life. It takes 5 gig of available memory to install it. Who has 5 gig available on a 12 gig phone?
    Oct 7, 2014. 02:39 PM | 5 Likes Like |Link to Comment
  • Apple Stabs BlackBerry In The Heart [View article]
    From der Speigel

    According to an internal NSA report ...

    Cracking the Blackberry

    The NSA and its partner agency, Britain's GCHQ, focused with similar intensity on another electronic toy: the BlackBerry.

    This is particularly interesting given that the Canadian company's product is marketed to a specific target group: companies that buy the devices for their employees. In fact, the device, with its small keypad, is seen as more of a manager's tool than something suspected terrorists would use to discuss potential attacks.

    The NSA also shares this assessment, noting that Nokia devices were long favored in extremist forums, with Apple following in third place and BlackBerry ranking a distant ninth.

    According to several documents, the NSA spent years trying to crack BlackBerry communications, which enjoy a high degree of protection, and maintains a special "BlackBerry Working Group" specifically for this purpose. But the industry's rapid development cycles keep the specialists assigned to the group on their toes, as a GCHQ document marked "UK Secret" indicates.

    According to the document, problems with the processing of BlackBerry data were suddenly encountered in May and June 2009, problems the agents attributed to a data compression method newly introduced by the manufacturer.

    In July and August, the GCHQ team assigned to the case discovered that BlackBerry had previously acquired a smaller company. At the same time, the intelligence agency had begun studying the new BlackBerry code. In March 2010, the problem was finally solved, according to the internal account. "Champagne!" the analysts remarked, patting themselves on the back.

    Security Concerns

    The internal documents indicate that this was not the only success against Blackberry, a company that markets its devices as being surveillance-proof -- and one that has recently lost substantial market share due to strategic mistakes, as the NSA also notes with interest. According to one of the internal documents, in a section marked "Trends," the share of US government employees who used BlackBerry devices fell from 77 to less than 50 percent between August 2009 and May 2012.

    The NSA concludes that ordinary consumer devices are increasingly replacing the only certified government smartphone, leading the analysts to voice their concerns about security. They apparently assume that they are the only agents worldwide capable of secretly tapping into BlackBerrys.

    As far back as 2009, the NSA specialists noted that they could "see and read" text messages sent from BlackBerrys, and could also "collect and process BIS mails." BIS stands for BlackBerry Internet Service, which operates outside corporate networks, and which, in contrast to the data passing through internal BlackBerry services (BES), only compresses but does not encrypt data.

    But even this highest level of security would seem not to be immune to NSA access, at least according to a presentation titled, "Your target is using a BlackBerry? Now what?" The presentation notes that the acquisition of encrypted BES communications requires a "sustained" operation by the NSA's Tailored Access Operation department in order to "fully prosecute your target." An email from a Mexican government agency, which appears in the presentation under the title "BES collection," reveals that this is applied successfully in practice.

    Relying on BlackBerry

    In June 2012, the documents show that the NSA was able to expand its arsenal against BlackBerry. Now they were also listing voice telephony among their "current capabilities," namely the two conventional mobile wireless standards in Europe and the United States, "GSM" and "CDMA."

    But the internal group of experts, who had come together for a "BlackBerry round table" discussion, was still not satisfied. According to the documents, the question of which "additional enrichments would you like to see" with regards to BlackBerry was also discussed.

    Even if everything in the materials viewed by SPIEGEL suggests the targeted use of these NSA surveillance options, the companies involved are not likely to be impressed.
    BlackBerry is faltering and is currently open to takeover bids. Security remains one of its top selling points with its most recent models, such as the Q10. If it now becomes apparent that the NSA is capable of spying on both Apple and BlackBerry devices in a targeted manner, it could have far-reaching consequences.

    Those consequences extend to the German government. Not long ago, the government in Berlin awarded a major contract for secure mobile communications within federal agencies. The winner was BlackBerry.
    Jul 23, 2014. 05:18 PM | 5 Likes Like |Link to Comment
  • Apple Officially Breaks Out [View article]
    When Maria left CNBC for Fox Business, I went with her.
    Apr 30, 2014. 01:43 PM | 5 Likes Like |Link to Comment
  • An Apple Mean Reversion: Not As Crazy As It Sounds [View article]
    I'll wager that Apple "returns to trend" before it "reverts to the mean".
    Jun 26, 2012. 06:45 PM | 5 Likes Like |Link to Comment
  • Apple: Where Is The Inflection Point? [View article]
    In the Soros graph, the share price increases much faster than the EPS growth. Has that happened with Apple. Draw the graph, see if it holds.
    Mar 28, 2012. 12:31 PM | 5 Likes Like |Link to Comment
  • Apple At 600: Crow For Dinner [View article]
    Mike,
    Glad to see you eat crow! (because I'm long). Having said that, there are a whole lot of others out there that should be sitting at the table with you but you are dining alone. Its good to see someone step up when they made the wrong call. Congrats to a person of character.
    Mar 15, 2012. 02:11 PM | 5 Likes Like |Link to Comment
  • Apple: Retail Store Revenue Growth May Be Declining [View article]
    Do you think Apple cares if you finalize the sale in the Apple store or over the web?
    Dec 27, 2011. 10:16 AM | 5 Likes Like |Link to Comment
  • Why I Hate Apple [View article]
    What is the law of large numbers?
    Dec 5, 2014. 01:50 PM | 4 Likes Like |Link to Comment
  • Apple Earnings Preview: Fiscal 2015 Looks Solid, But What About After That? [View article]
    I'm more worried about 2050.
    Oct 6, 2014. 06:11 PM | 4 Likes Like |Link to Comment
COMMENTS STATS
147 Comments
217 Likes