"The minute you have the means to take responsibility for your own dreams and can be held accountable for whether they come true or not, life is a lot tougher. It's easy to have wonderful thoughts when the chance to implement them is remote. When you've gotten to a place where you at least have a chance of implementing your ideas, there's a lot more responsibility in that."-- Steve Jobs in Playboy (Feb 1985)
Friday, November 19, 2010
The means to take responsibility for your own dreams
Sunday, November 07, 2010
Markups on Apple Cables
My iPhone 4 does this annoying thing: Despite being almost fully charged, it turns off and can't be turned on again unless I connect it to iTunes.
It happened again yesterday while I was wondering around downtown San Francisco. I had my MacBook with me, but no cable. Thinking that an iPhone cable can't cost more than $4.95, I walked into the Apple Store on Market Street. Hello, sticker shock: iPhone cables cost $19.00.
Amazon, on the other hand, has off-label iPhone cables for $1.25. Likely not as nice as the original. Still, I can't imagine the original cables cost much more make and ship than the retail price of the cheapo cables. Somewhere along the way, Apple seems to create enough value for a whopping 1520% percent markup.
Cables, coffee, greeting cards. The holy trinity of high margins. If only I could create a retail store that sells only these three items.
--
"If you try to argue Starbucks pricing by talking about costs you don't get basic economics." -- Chris Dixon
It happened again yesterday while I was wondering around downtown San Francisco. I had my MacBook with me, but no cable. Thinking that an iPhone cable can't cost more than $4.95, I walked into the Apple Store on Market Street. Hello, sticker shock: iPhone cables cost $19.00.
Amazon, on the other hand, has off-label iPhone cables for $1.25. Likely not as nice as the original. Still, I can't imagine the original cables cost much more make and ship than the retail price of the cheapo cables. Somewhere along the way, Apple seems to create enough value for a whopping 1520% percent markup.
Cables, coffee, greeting cards. The holy trinity of high margins. If only I could create a retail store that sells only these three items.
--
"If you try to argue Starbucks pricing by talking about costs you don't get basic economics." -- Chris Dixon
101S/92 Lane Choice Strategy
Do you commute down to the Valley from SF? Do you hate waiting in traffic? Here's a strategy that works when driving southbound on 101. At the 101 southbound/highway 92 intersection, lane choice in is crucial. Here's the strategy that minimizes time:
This will easily shave 5 minutes off your morning commute.
(Originally posted on Quora)
- Until around the 3rd Ave exit (Exit 416), drive in the leftmost lane. At the 3rd, start slowly switching lanes into the rightmost lane.
- The rightmost lane will start moving fastest because a lot of people will be switching to 92.
- Ride the rightmost lane until after the 92 exit. There will be a blue sign that says "Call Box". At the sign, start immediately switching to the leftmost or 2nd-to-leftmost lane. Note that in California, you are required to go at least 3 car lengths between lane changes.
- A lot of drivers will be entering from 92 onto 101S, causing the rightmost lanes to slow to a crawl. Meanwhile you will be cruising on the left-hand lanes.
This will easily shave 5 minutes off your morning commute.
(Originally posted on Quora)
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Gabor Cselle