iWatch 76% Markup

If you ever wonder how AAPL, Apple’s ticker symbol on Nasdaq, has done in the last 5 years. It started out at around $40 per share five years ago. It’s currently priced at about $130. That’s 3 times the value. Part of the reason why Apple has so much revenue, they place a huge markup on their products. Consider the latest and greatest, the iWatch. According to Geek.com article, the iWatch costs only $83.70 to manufacture. As the article mentions, it does not put into account the cost of development, support, packaging, etc. If you put that aside for a moment, the cheapest iWatch you can buy from Apple retails for $349, a 76% markup. That’s the just cost of using Apple products. In spite of the cost, consumers still buy Apple products for quality and support. I think consumers value that. That’s the reason why people still flock to buy Apple products. But 76% is a crazy value.

Xbox May Be Spying On You

First it was the Samsung TV, now they’re saying your Xbox may be spying on you as well. And it doesn’t stop there, sources are now saying that Microsoft and Apple devices, and Samsung phones are also snooping on their customers.

For the Xbox, Microsoft uses Kinect to activate spoken commands for the console. Unfortunately, Microsoft is able to listen to conversations as well. Read the article.

OS X Update 10.8.3

I’m currently updating OS X Mountain Lion on my Mac. The update is 567MB and takes about 15 minutes based on my connection. The OS update includes features and fixes such as:

  • Redeem iTunes gift cards in the Mac App Store using your Mac’s built-in camera
  • Boot Camp support for installing Windows 8
  • Boot Camp support for Macs with a 3TB hard drive
  • A fix for an issue that could case a file URL to quit apps unexpectedly

And a few more….

Here’s a snapshot of the update.

Screen Shot 2013-03-15 at 1.32.50 PM

For detailed info about the update, visit the following links:

Mac Mini With USB 3.0

Along with the iPad mini being introduced on October 23rd, Apple also plans to upgrade the Mac Mini with USB 3.0 ports. Will there be processor and storage upgrades for the Mac Mini? There is no telling at the moment. I guess, we just have to wait until the October 23 announcement. Regardless, the USB 3.0 upgrade is good news for prospective Mac Mini buyers, like me.

iPad Mini At $249

You gotta love leaks. The word on the street (internet) according to Gizmodo is, the new iPad mini is going to be priced starting at around $249 for the 8GB version. Higher models will be priced more. Here’s an excerpt from the LA Times:

The posted picture, which according to the blog comes from an anonymous informant, shows 8 GB versions of the iPad mini will go for 249 euros, or about $320. But Gizmodo is reporting that the U.S. price is likely to be $249. As it points out, Apple charges roughly the same figure in Europe for the third generation iPad as it does in America. It doesn’t conpensate for the foreign exchange difference.

As for the inventory list provided by the German blogger, the price goes up to 349 euros for the 16 GB model, 449 euros for the 32 GB device and 549 euros for a 64 GB version. The cellular-connected versions of the iPad mini start at 349 euros for the 8 GB model, 449 euros for the 16 GB model, 549 for the 32 GB and 649 for the 64 GB versions of the device.

Now, how accurate these figures are, you really can’t be sure. But, it looks very promising for people looking for a smaller and affordable iPad. Interestingly enough, Amazon’s Kindle Fire is priced at $249. So, it looks like Apple is matching the price of the Kindle Fire.