SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Sr K who wrote (67487)8/24/2007 1:27:11 PM
From: inaflash  Read Replies (1) | Respond to of 213183
 
HI was 49th and AK 50th. I asked about Canada's subprime.

Humour my friend...you wouldn't happen to be Canadian or Quebecois for that matter? (rhetorical question, need not be answered). Canadians can be a little sensitive to the ignorance here in the US, and I'm not sure if it's nationalism or being tired of the same old joke. Still, it was more of a poke at the poor geography IQ of Americans, and apologies to any Canadians and anyone who might be offended.

Back on topic/off topic was the mention LIBOR used as the measure instead of a US index. My understanding is that LIBOR better reflects international exchange rates and global economic rates. While the US is a large part of the world economy, it's more volatile than the rest of the world and eventually all risk is spread across the global economy. By tying the rate to LIBOR, it transfers that risk directly to the individual rather than let the banks have to manage (or mismanage) that.

As far as Canada, the same subprime mess was somewhat exported to Canada, but probably in a more limited basis. Cananda is heavily influence by the US, both from close geography as well as close business and political ties. However, Canadians feel closer to Europe, and there have even been calls for Canada to Join the EU (http://www.dantaylor.com/insights/CanadaEU.html )In that way, Canada is a bridge between the US and Europe, and shares some of the best and the worst of each. As far as Apple is concerned, Canada might as well be Europe. (not Apple's fault, like ATT tree killing spree, but government/regulatory issues/incumbent businesses/etc. impacting Apple's choices.)

Now I haven't noticed much talk about iPhone in Canada, but seems like it's anytime now for some time(http://www.johnwiseman.ca/blogging/technology/apples-new-iphone-availability-in-canada/ , iphoneworld.ca ) or not for a long time (if you listen to others canada.com ). My guess is that Apple is counting on some half a million Canadians in that first 10 million estimate. Now if Canada were a 51st state, iPhones and other first US exclusive Apple products would be available sooner. That's one excellent reason for picking US over EU!



To: Sr K who wrote (67487)8/25/2007 12:12:56 AM
From: Cogito  Read Replies (1) | Respond to of 213183
 
OT

>>HI was 49th and AK 50th.<<

Sr K -

My first wife was a well educated woman from Sweden. When we were in that country one time, I remember having a conversation wherein she corrected me when I said that there were fifty states. She said they had been taught in school that there had been fifty before Hawaii and Alaska were added.

No matter how much I insisted that I knew what I was talking about, pointing out evidence like the fifty stars on our flag, she maintained that I was wrong. Other Swedes, all just as well educated, confirmed her belief and seemed to find it amusing that I was misinformed about something so basic concerning my own country. But they didn't find my lack of education surprising, given that I was just an American.

That was well before we had common access to the Internet, and I didn't have a quick and easy way of proving they were all off base.

Rather amusing.

I don't remember whether I ever revisited the subject with her when we got back to this country. Must send her an e-mail about this.

If Swedes still believe this, one might be able to make money with bar bets. It's a lovely country to visit, especially for free. ;-)

- Allen