I’m strictly a cash-only kind of guy. I like my purchases to be anonymous, I like to deprive the credit-card companies their slice of the transaction, and above all I like the feel of the greasy, germ-laden slips of paper in my fingers. 1
However, I recognize that sometimes you just don’t have any cash. Like when you’re supposed to be splitting the dinner bill and your friend ends up paying yet again because you “don’t want to split this fifty.” Well now your sorry payment-dodging days are coming to an end, my friend. Why? Square Cash.
Kids. Can’t live with them, can’t manage their allowance.
I don’t know if you have kids or not, but one of the more difficult things to keep track of, at least for me, is their allowance. Yeah, you might say, just write it down on a piece of paper or something. While that may seem to have merit, it rarely works out in my family. Let’s say my son gets $5 every two weeks for allowance. That’s a $5 bill I need to have each and every week.
Honestly? It never works out that way. So we tried using a calendar, on which I created a repeating event, set for every two weeks, figuring we could just count it up when he needed something. Well, that didn’t really work out, either. We’d be at a store, and he’d want something, and it’d be some non-multiple of five, and we’d try to remember to write it down, and so on.
Suffice it to say that I am doing a poor job at helping my kid keep track of his allowance, and an equally poor job of prepping him for real life money management.
So imagine my joy when I saw Allowance Manager for iOS, a Universal app that basically does what we need: tracks allowance on the iPhone or iPad. Win!
“We’re very proud to end a fantastic fiscal year with record September quarter results,” said Apple CEO Tim Cook in today’s fourth quarter earnings report. “We’re entering this holiday season with the best iPhone, iPad, Mac and iPod products ever, and we remain very confident in our new product pipeline.”
While Apple didn’t see a ‘blowout’ quarter this time around, things are still looking very good for the Cupertino company. Apple is still the most valuable company on earth, and its flagship products are seeing crazy growth in sales. We’ve collected all of the big numbers from today’s earnings call:
Tweetbot just dropped on the Mac App Store today, and perhaps the most surprising thing about it is the price. At $20, it’s significantly more expensive than most social networking clients. The thing is, it’s important not to see the number and instantly start making comparisons. You need to look at the price and ask: does this app provide 20 dollars worth of value? Judge it by that standard, and it doesn’t seem so expensive after all.
Denominations is an iPhone currency converter app that is actually useful. No, it doesn’t offer a slew of options, nor does it even look particularly swish or fancy. But it is dead easy to use, and this will make it just about the best conversion app around when you actually need it.
Apple won the patent infringement trial against Samsung and received a huge damages sum.
Apple’s victory in its patent trial against Samsung is already a few hours old but the shock of the damage tally is still hard to shake off. The final figure of $1,049,393,540.00 is a staggering rebuke of Samsung’s design and manufacturing process and may force the company toward more original ideas.
The completed jury verdict form, released late Friday night and attached below, reveals the Korean company maybe never really had a chance to win the case.
There’s always been a stigma around Apple products that they’re really just made for rich people. Almost all of Apple’s machine’s cost well over $1000, and the iPhone and iPad are two of the most expensive products in their categories.
Some people say only rich people can afford Apple products, and maybe they have a small point. A recent report shows that Apple is the company of choice for users whose net worth is more than $100,000, and it just become more popular the more money you earn.
This cash register could be used in the House of Bamboo
I used to work as a the sole waiter in a restaurant where the cash register consisted of a wooden cigar box and a solar-powered Casio calculator. I’m an honest chap, and the chef was also the owner, so it worked just fine. But times have changed, and now there exists a modern alternative to our old cedar box. It’s called the Cashbox and it is fashioned from beautiful bamboo varnished to look like a hideous high-school craft project.
Apple's taxes due and tax rate for 2011 don't match reported numbers
Earlier in this day, we reported on a New York Times piece in which the paper claimed that Apple was using a variety of measure to avoid paying U.S. income tax. It turns out that the Times based key pieces of its information on a study that had been discredited two weeks prior.
The data used by the Times included a report by the Greenlining Institute, which made errors in computing Apple’s supposed tax rate at 9.8% for the 2011. The data used by the report effectively compared Apple’s 2011 profit with taxes paid by the company for profits in 2010 and drew unfounded conclusions as a result.
Apple fails when it comes to defending its tax practices
Over the weekend, the New York Times ran another in its series of exposes about Apple. This one focused on Apple’s complex mix of offices and subsidiaries located throughout the world and the U.S. that allow the company to keep large portions of its more than $100 billion in low-tax states and countries.
The report comes after the paper’s expose on working conditions within Foxconn, the contractor that Apple uses to assemble most of its products and calls by politicians and members of the media for Apple to move more of its manufacturing and money to American soil.
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