Bengt77
Aug 4, 06:55 PM
Sounds like someone wants an iMac Ultra! (Really final Propaganda)
All for under AU$4 Grand.
Yay! I'll take one the minute it comes out! How much is one AU$ in €? Let's see... AU$4000 is about €2400. Sounds reasonable to me. But I'm all for stretching it a bit. Let's say €2100/AU$3530. That's €400 more expensive than the current top model, which is €400 more expensive than the low-end iMac. Seems logical to me, maybe not so reasonable, but reason is soooo overrated these days! :D
Anyone else here interested in an iMac Ultra?
Anyone else have an extreme and probably unwarrented hatred of the Pentium moniker?
Yes! (And yes to c.q. about that Pentium name, too, by the way.)
All for under AU$4 Grand.
Yay! I'll take one the minute it comes out! How much is one AU$ in €? Let's see... AU$4000 is about €2400. Sounds reasonable to me. But I'm all for stretching it a bit. Let's say €2100/AU$3530. That's €400 more expensive than the current top model, which is €400 more expensive than the low-end iMac. Seems logical to me, maybe not so reasonable, but reason is soooo overrated these days! :D
Anyone else here interested in an iMac Ultra?
Anyone else have an extreme and probably unwarrented hatred of the Pentium moniker?
Yes! (And yes to c.q. about that Pentium name, too, by the way.)
Torrijos
May 6, 02:56 AM
BS to the power of FUD ^^
The thing is although ARM chips are pretty good in the low power range right now, nothing says that they will perfectly scale in power for a higher performance range.
Every major player in the chips industry started seeing more and more problems when they started reaching the manufacturing processes ARM will only reach in a couple of years (currently A15 -> 45nm).
High performance is where Intel is very good at, and their announcement of 3D transistor in Ivy Bridge already will only make them way better in performance and power consumption, and all that as soon as the end of this year (first machines probably next year).
Now transition from a software standpoint would be painful, but maybe not horrible...
Apple's compiler already manages ARM architecture, and part of the interest in LLVM is the possibility of JIT compilation.
But a switch of architecture right now would need Apple to ask devs to re-compile their software, and maybe a change from some libraries, all that for an uncertain gain right now and improbable gain in the future (Intel will remain the master in high performance computing).
The thing is although ARM chips are pretty good in the low power range right now, nothing says that they will perfectly scale in power for a higher performance range.
Every major player in the chips industry started seeing more and more problems when they started reaching the manufacturing processes ARM will only reach in a couple of years (currently A15 -> 45nm).
High performance is where Intel is very good at, and their announcement of 3D transistor in Ivy Bridge already will only make them way better in performance and power consumption, and all that as soon as the end of this year (first machines probably next year).
Now transition from a software standpoint would be painful, but maybe not horrible...
Apple's compiler already manages ARM architecture, and part of the interest in LLVM is the possibility of JIT compilation.
But a switch of architecture right now would need Apple to ask devs to re-compile their software, and maybe a change from some libraries, all that for an uncertain gain right now and improbable gain in the future (Intel will remain the master in high performance computing).
Eddyisgreat
Apr 7, 10:26 AM
Unfortunately, most posters here think Apple always acts in the best interests of its customers. Kind of cute, actually.
If it's customers want products that aren't on the shelves (iPad 2 buyers)...I don't exactly understand how RIM being kicked out of the queue hurts these people.
RIM could have created a decent product and demanded capacity from the worlds screen makers. why didn't they?
If it's customers want products that aren't on the shelves (iPad 2 buyers)...I don't exactly understand how RIM being kicked out of the queue hurts these people.
RIM could have created a decent product and demanded capacity from the worlds screen makers. why didn't they?
NebulaClash
Apr 25, 10:21 AM
News Flash:
He's a Liar.
News Flash: You just lied about Steve Jobs.
He's a Liar.
News Flash: You just lied about Steve Jobs.
p0intblank
Sep 11, 08:21 AM
Wow, a lot of people are expecting a true iPod video. I really don't see this happening so soon. I expect the following:
iTunes Movie Store (this is a given)
iPod nanos
6G iPods (simply larger capacity and maybe a new feature or two)
I would love to see the true iPod video be announced tomorrow. It'd be great to go alongside the new Movie Store. The rumors have been pretty light lately, though, so I am not expecting that much.
iTunes Movie Store (this is a given)
iPod nanos
6G iPods (simply larger capacity and maybe a new feature or two)
I would love to see the true iPod video be announced tomorrow. It'd be great to go alongside the new Movie Store. The rumors have been pretty light lately, though, so I am not expecting that much.
digitalbiker
Aug 11, 03:36 PM
Jesus! How much more expensive do you want it to be! the price diff is already almost �500 from top whitebook to bottom MBP!
You are quoting out of context. The original post was about lowering the MB cost and retaining the Yonah cpu.
The MBP would move to Merom and stay near the same price. Therefore the result would be a larger price differentiation and a larger performance differentiation.
You are quoting out of context. The original post was about lowering the MB cost and retaining the Yonah cpu.
The MBP would move to Merom and stay near the same price. Therefore the result would be a larger price differentiation and a larger performance differentiation.
Multimedia
Aug 3, 12:08 AM
well i agree that 64-bit is something, but considering you can't put more than 4 GB of RAM in a Macbook now anyways, it's not going to help that much.(i know i'm just using the Macbook as an example) and by the time you need 64-bit because of software, it'll probably be time for a new computer anyways.....right?Merom:
Almost Twice the Battery life - 1.67 x
Twice the L2 cache - 4MB
20% more calculations at same speed.
Same price as Yonah.
Why not have these improvements ASAP? If you want to buy a Yonah Mac for less, just go to the refurb page. They are all there. If not, the one you want will come back soon. I monitor that page regularly and everything is in the refurb cycle now including most recently the 17" MBP.
Almost Twice the Battery life - 1.67 x
Twice the L2 cache - 4MB
20% more calculations at same speed.
Same price as Yonah.
Why not have these improvements ASAP? If you want to buy a Yonah Mac for less, just go to the refurb page. They are all there. If not, the one you want will come back soon. I monitor that page regularly and everything is in the refurb cycle now including most recently the 17" MBP.
ender78
Aug 11, 02:44 PM
what are the apple guys gonna' do with the mac mini! Im in the market for one w/edu discount! I'm waiting boys! What processors would you think the mac mini will adopt? End of core solo?
I think the mini is the worst performing machine they have on the market [it does use the slowest processors]. I am expecting an accross the board upgrade [MB, MBP, iMac, mini]. At the very least, higher end Yonas in the mini. I can also see Apple making the mini a BTO model like the MBP. That really simplifies the order process for the customer.
I think the mini is the worst performing machine they have on the market [it does use the slowest processors]. I am expecting an accross the board upgrade [MB, MBP, iMac, mini]. At the very least, higher end Yonas in the mini. I can also see Apple making the mini a BTO model like the MBP. That really simplifies the order process for the customer.
Gasu E.
Apr 25, 08:25 AM
I'm not impressed if this is where the iMac display is potentially going , the current GPUs can barely drive the resolutions they have now in anything other than simple desktop apps . , can you imagine what video card you would need to drive a game (say portal 2 which has low to modest requirements) at 30fps + on a screen with 3200 or higher resloution ? Well whatever that GPU is , apple will ship with the one released 2 years ago and half the RAM it shipped with on the PC .
<...>
Think I ranted a bit then , sorry :rolleyes:
:) I think you are just seeing advance preparation for something that won't happen for a while; moreover, when it does happen, it will start with smaller screens and work its way up to the larger ones over time. By the time it works up to a 20"+ displays, GPUs will be much more powerful.
<...>
Think I ranted a bit then , sorry :rolleyes:
:) I think you are just seeing advance preparation for something that won't happen for a while; moreover, when it does happen, it will start with smaller screens and work its way up to the larger ones over time. By the time it works up to a 20"+ displays, GPUs will be much more powerful.
digitalbiker
Aug 4, 07:26 PM
Shouldn't be much code - the Adobe apps are already cross platform so there shouldn't be many endian issues to sort out. It's just a matter of changing development environments to use XCode and re-testing.
Not simple, but not something that should take almost 2 years either.
How many times does it have to be repeated? Adobe came out immediately after the Intel transition was announced that they would have an Apple UB version released simultaneously with the release of CS3.
They didn't want to slow development of CS3 for the Mac. CS2 was just released and a UB version would have taken significant effort for a very small market share. Since the only benefit would be to intel mac users which didn't even exist at the time.
Soon, probably first quarter a UB version of CS3 will appear about the sametime that the mac intel user base reaches a relavent market size.
The company that really deserves criticism is intuit. They recently released quicken 2007 and it was not UB. They were releasing a new product and they chose to ignore intel Mac users. Makes you wonder if they are going to stay in the mac market at all. Maybe in the future they will just recommend running parallel and windows, to use quicken on an intel mac.
Not simple, but not something that should take almost 2 years either.
How many times does it have to be repeated? Adobe came out immediately after the Intel transition was announced that they would have an Apple UB version released simultaneously with the release of CS3.
They didn't want to slow development of CS3 for the Mac. CS2 was just released and a UB version would have taken significant effort for a very small market share. Since the only benefit would be to intel mac users which didn't even exist at the time.
Soon, probably first quarter a UB version of CS3 will appear about the sametime that the mac intel user base reaches a relavent market size.
The company that really deserves criticism is intuit. They recently released quicken 2007 and it was not UB. They were releasing a new product and they chose to ignore intel Mac users. Makes you wonder if they are going to stay in the mac market at all. Maybe in the future they will just recommend running parallel and windows, to use quicken on an intel mac.
kerryb
Apr 18, 03:42 PM
I was with two friends last summer, one a geek the other knows nothing and does not care to know tech. The geeky friend was showing me his Android phone and non geek said to me is that an iphone copy? I paused and thought for a moment and said "yes, you could call it that, it is a copy". Even bank ATM's try harder to look different from each other while maintaining some usability.
Renverse
May 6, 06:35 AM
I can only see the Macbook Air and maybe the Mac Mini move to ARM. ARM Processors are not ANYWHERE fast enough to meet the current Quadcore i-Processors on the speed.
Peace
Sep 11, 01:37 PM
Why couldn't apple mail a movie to you via USPS? Pop it into your <insert favorite Mac flavor> and have it automaticly import into iTunes library. There is no way I would download a 2g file to watch a movie. 2g is way too big to download. Compare that to music, 5mb on the high end. 2g is 400 times the size. I don't see downloading as a viable option, atleast not at the resolution that makes it competitive with DVD.
PS I think downloadable movies sounds great, but I don't think it is practicle.
Apple wouldn't do that because NetFlix already does.
PS I think downloadable movies sounds great, but I don't think it is practicle.
Apple wouldn't do that because NetFlix already does.
hobo.hopkins
Mar 29, 02:20 PM
Can I just say I am amazed at some of the responses on this thread. Typical American and often I must admit British protectionism coming straight out like a bad smell. Without these so called "3rd world" workers Apple would be a lowly player. Firstly Japan is not "3rd world". It is one of the most developed countries in the world, and has some of the most adept and intelligent people on this planet. Secondly, the term "3rd world" and "1st world" is offensive. The proper term is developing and developed world. Thirdly, I am sure that we will all be fine if we dont get a few iPod batteries or glue. People have died over there and continue to die because of this tragedy. This is surely more important than a load of old microchips. Sorry. Rant over.
:cool::apple::(
I agree that we will "all be fine" if the world faces iPod touch shortages. It doesn't mean that we shouldn't be upset about it - can I not care about the people who lost their lives or had their lives turned upside down AND a company that will face problems? The two are not mutually exclusive.
:cool::apple::(
I agree that we will "all be fine" if the world faces iPod touch shortages. It doesn't mean that we shouldn't be upset about it - can I not care about the people who lost their lives or had their lives turned upside down AND a company that will face problems? The two are not mutually exclusive.
wizard
Mar 27, 11:42 AM
Wirelessly posted (Mozilla/5.0 (iPhone; U; CPU iPhone OS 4_3_1 like Mac OS X; en-us) AppleWebKit/533.17.9 (KHTML, like Gecko) Version/5.0.2 Mobile/8G4 Safari/6533.18.5)
Problem I have is timing. Why does Apple continue to release the new iPhone / iPad yet we have to wait months afterwards for the iOS update to take advantage of them? :confused: Last year it took until November for the original iPad update. Now they're going to offer the iPhone 5 with a several month lag for the iOS 5 upgrade?
Hardware and software have little to do with each other in the large. That is at the low level each new piece of hardware requires it's one special software, but this is low level. The services and functionality rumored to come in iOS 5 are high level abstracted away from the hardware. I would much prefer that Apple took it's time with iOS 5 and actually get it right.
On a side note I could see an iPad 3 in the fall. It wouldn't be a massive upgrade though. As I see a model optimized for 4G coming. There is also the potential for an even lower power variant of A5 coming built on 32/28nm tech. Such a processor would show up in an iPhone first and then move to iPad to replace the big chip there.
Problem I have is timing. Why does Apple continue to release the new iPhone / iPad yet we have to wait months afterwards for the iOS update to take advantage of them? :confused: Last year it took until November for the original iPad update. Now they're going to offer the iPhone 5 with a several month lag for the iOS 5 upgrade?
Hardware and software have little to do with each other in the large. That is at the low level each new piece of hardware requires it's one special software, but this is low level. The services and functionality rumored to come in iOS 5 are high level abstracted away from the hardware. I would much prefer that Apple took it's time with iOS 5 and actually get it right.
On a side note I could see an iPad 3 in the fall. It wouldn't be a massive upgrade though. As I see a model optimized for 4G coming. There is also the potential for an even lower power variant of A5 coming built on 32/28nm tech. Such a processor would show up in an iPhone first and then move to iPad to replace the big chip there.
hobo.hopkins
Mar 29, 04:34 PM
Thousands of people are dying in Japan and all you idiots care about is iPod Touch batteries? That's kind of... selfish.
How dare people think of themselves in any way when something bad has occurred in the world. People in Darfur have been dying for quite some time now and I haven't thought of myself or my interests once since conflicts began. That's what a good person does.
Do you see how ridiculous you're being? There is no reason a person can't be concerned with supply shortages AND the Japanese people. They aren't mutually exclusive. Moreover, if you follow your flawed logic then no one could ever do anything for themselves. Horrific events happen everyday worldwide; tragedies can't stop us from living.
How dare people think of themselves in any way when something bad has occurred in the world. People in Darfur have been dying for quite some time now and I haven't thought of myself or my interests once since conflicts began. That's what a good person does.
Do you see how ridiculous you're being? There is no reason a person can't be concerned with supply shortages AND the Japanese people. They aren't mutually exclusive. Moreover, if you follow your flawed logic then no one could ever do anything for themselves. Horrific events happen everyday worldwide; tragedies can't stop us from living.
Clive At Five
Nov 26, 02:42 PM
After time-and-time-again of seeing no Apple tablet (even after following "Next MWSF, 100% for sure!" rumors) I've been convinced that there won't be one. As everyone is saying, the Tablet PC is dead... or, if anything, is being replaced by laptops whose screens turn around at the neck.
What does anyone need a tablet for anyway? If the demand is for a $300 - $600 portable, there is WAY more demand for a MacBook Mini than a tablet. Plus, how would you protect that screen?? Laptops have distinct advantages over tablets... the main ones being that they are durable and versatile. Tablets are clumsy and weak.
I would be SERIOUSLY surprised if Apple debuted a tablet
-Clive
What does anyone need a tablet for anyway? If the demand is for a $300 - $600 portable, there is WAY more demand for a MacBook Mini than a tablet. Plus, how would you protect that screen?? Laptops have distinct advantages over tablets... the main ones being that they are durable and versatile. Tablets are clumsy and weak.
I would be SERIOUSLY surprised if Apple debuted a tablet
-Clive
-aggie-
May 3, 12:27 PM
So, I'm confused from reading the rules. You stated the villain wins once everyone is dead. How does a hero die? That's not clear to me in the rules.
Also, this:
The villain starts at level 16, and his stats depends on how many heroes there are (add 2 points to his HP and AP for each playing hero). The villain cannot level up whatsoever.
is unclear. You said he can't level up, so what does that mean? This "add two points" makes no sense??
Edit: BTW, DP, I don't mind you asking questions, it's just that in the past your answers weren't incorporated in the OP (comments like this was explained in Post # blah blah were particularly irritating).
Also, this:
The villain starts at level 16, and his stats depends on how many heroes there are (add 2 points to his HP and AP for each playing hero). The villain cannot level up whatsoever.
is unclear. You said he can't level up, so what does that mean? This "add two points" makes no sense??
Edit: BTW, DP, I don't mind you asking questions, it's just that in the past your answers weren't incorporated in the OP (comments like this was explained in Post # blah blah were particularly irritating).
polaris20
Apr 18, 03:55 PM
Can only be 1 reason, Apple are worried.
If they felt totally confident in their product then they would not feel any threat from others and need to try something like this on.
If Apple cannot beat them....they sue them. Way to go Apple, you are devoid of morals and innovation.
When can we officially say that Apple is now the New Microsoft?
You guys clearly have no idea how patents work.
Absolutely not True......they MUST sue or they lose rights to the patent. Its the way the system works
No. They're protecting their IP.
Ding ding! We have a couple winners. Finally someone on MR that gets it.
Show me something that works as well BEFORE Apple demoed the iPhone.
Technology =/= usability.
If you hate Apple then why are you doing here?
Because it's Mac Rumors. Where the trolls/Apple bashers roam.
If they felt totally confident in their product then they would not feel any threat from others and need to try something like this on.
If Apple cannot beat them....they sue them. Way to go Apple, you are devoid of morals and innovation.
When can we officially say that Apple is now the New Microsoft?
You guys clearly have no idea how patents work.
Absolutely not True......they MUST sue or they lose rights to the patent. Its the way the system works
No. They're protecting their IP.
Ding ding! We have a couple winners. Finally someone on MR that gets it.
Show me something that works as well BEFORE Apple demoed the iPhone.
Technology =/= usability.
If you hate Apple then why are you doing here?
Because it's Mac Rumors. Where the trolls/Apple bashers roam.
ergle2
Sep 15, 05:01 PM
i thought merom went to 2.66 :confused: or was that conroe?
Merom tops out at 2.33GHz for now.
Conroe goes all the way up to 2.93GHz.
Merom tops out at 2.33GHz for now.
Conroe goes all the way up to 2.93GHz.
KnightWRX
Apr 22, 10:08 AM
Well I don't think anyone actually USED the Xserve in datacenters anyway... Why would YOU? Seriously you don't need a boutique operating system on a server that's on 24/7/365 serving html/php/mysql with the only downtime is an occasional reboot for software updates.
The people who used Xserves had a few of them at most and could not even justify racking them. Most Xserves ended up on desks or maybe thrown next to a bunch of PC servers in a companies IT department for the "crazy Mac guys" in advertising/production. Really if you look at the Xserve in general you see the only real penetration was in the TV Station/Video Editing/Movie/Education/Advertising fields.. Not "Data Centers"
So a 3u Mac Pro will work just fine in the TV Station/Video Editing/Movie/Education/Advertising "Server Rooms" where they can fill up a rack with their 10, 3u servers and do what they need to.
I don't think your post is quite accurate. For large deployments of Mac clients, the Xserve was a wonderful integrated management solution and it fit in the data center along with all the other servers uses for other purposes. No one really wants homogeneous environnements in a data center and Xserve served as diversity, filling their niche well.
Use them to serve HTML/PHP/MySQL ? A waste of an Xserve. Use them for SUS, netboot, Opendirectory ? Wonderful. Also, many of those TV Station/Video Editing/Movie/Education/Advertising fields have data centers in case you didn't know. It's not like everyone operates out of a closet.
Heck, a few lifetimes ago when I worked small businesses, we were selling racks and properly wiring and racking systems for businesses with 50 employees and 5 servers. We were adding in UPSes and redundancy. I built a site-to-site VPN between our own surveillance network and everyone of our customer's networks to monitor services remotely using a Cisco based solution. Yes, about 1k$ worth of networking equipment for small business that did nothing else than check that their filesystems weren't full or that the database server didn't go down. And they paid monthly fees on that of that for the service.
Size of a business means nothing, it's the value of the data that a business manages that dictates their server needs. If a company has 5 employees but their data is worth over 10 million $, they aren't going to host it on a 1k$ PC thrown in a corner with a failing fan on the CPU. They are going to invest in a proper solution.
You have to have worked in IT to understand the implications here. This is not a Xserve replacement and if Apple goes through with a "rackable" Mac Pro, it's not going to be billed as an Xserve replacement nor are the buyers that bought Xserves going to be using that. It's not like you couldn't just use OS X Server on Mac Pros before Apple introduced the joke of the "Mac Pro Server". The thing already existed.
The people who used Xserves had a few of them at most and could not even justify racking them. Most Xserves ended up on desks or maybe thrown next to a bunch of PC servers in a companies IT department for the "crazy Mac guys" in advertising/production. Really if you look at the Xserve in general you see the only real penetration was in the TV Station/Video Editing/Movie/Education/Advertising fields.. Not "Data Centers"
So a 3u Mac Pro will work just fine in the TV Station/Video Editing/Movie/Education/Advertising "Server Rooms" where they can fill up a rack with their 10, 3u servers and do what they need to.
I don't think your post is quite accurate. For large deployments of Mac clients, the Xserve was a wonderful integrated management solution and it fit in the data center along with all the other servers uses for other purposes. No one really wants homogeneous environnements in a data center and Xserve served as diversity, filling their niche well.
Use them to serve HTML/PHP/MySQL ? A waste of an Xserve. Use them for SUS, netboot, Opendirectory ? Wonderful. Also, many of those TV Station/Video Editing/Movie/Education/Advertising fields have data centers in case you didn't know. It's not like everyone operates out of a closet.
Heck, a few lifetimes ago when I worked small businesses, we were selling racks and properly wiring and racking systems for businesses with 50 employees and 5 servers. We were adding in UPSes and redundancy. I built a site-to-site VPN between our own surveillance network and everyone of our customer's networks to monitor services remotely using a Cisco based solution. Yes, about 1k$ worth of networking equipment for small business that did nothing else than check that their filesystems weren't full or that the database server didn't go down. And they paid monthly fees on that of that for the service.
Size of a business means nothing, it's the value of the data that a business manages that dictates their server needs. If a company has 5 employees but their data is worth over 10 million $, they aren't going to host it on a 1k$ PC thrown in a corner with a failing fan on the CPU. They are going to invest in a proper solution.
You have to have worked in IT to understand the implications here. This is not a Xserve replacement and if Apple goes through with a "rackable" Mac Pro, it's not going to be billed as an Xserve replacement nor are the buyers that bought Xserves going to be using that. It's not like you couldn't just use OS X Server on Mac Pros before Apple introduced the joke of the "Mac Pro Server". The thing already existed.
macenforcer
Aug 7, 04:26 PM
Ordered!
What a deal. Got the base config for $2500. I can't wait.
What a deal. Got the base config for $2500. I can't wait.
acslater017
Mar 30, 07:28 PM
Dear Apple
PLEASE can we have a UI update, even if it's a minor one (for instance, iTunes 10 scrollbars rather than the blue aqua ones). Just some extra polish really.
Signed
iFanboy
They're updating scrollbars, buttons, drop-downs, etc. It's not an "overhaul" per se but we're not gonna get one of those for awhile.
Quick Look, full-screen windows, Mission Control, Launchpad, etc. I'd say it's a solid update
PLEASE can we have a UI update, even if it's a minor one (for instance, iTunes 10 scrollbars rather than the blue aqua ones). Just some extra polish really.
Signed
iFanboy
They're updating scrollbars, buttons, drop-downs, etc. It's not an "overhaul" per se but we're not gonna get one of those for awhile.
Quick Look, full-screen windows, Mission Control, Launchpad, etc. I'd say it's a solid update
citizenzen
Apr 16, 12:41 PM
I doubt you can even explain what it is I'm doing.
To some extent I can because I looked it up last night. Now I'm an expert. ;)
The simplified version ...
You're buying and selling options which have a set value and an expiration date. If the set value doesn't meet the market value by the expiration date then those options are worthless. Options that have more time before their expiration date have more value than options near that date because there is more time for the market to go up and reach that value. The value of these options decay as they approach their expiration date, with the greatest rate of decay occurring in the few weeks before that date arrives.
So now that I have a bit of an understanding about what you do, here are a few thoughts ...
"Siphoning" was a poor choice of words. And for that I apologize. "Wagering" would more accurately describe what is happening here. The option has been given a value and if the market reaches that value then the option is worth something, if not, it is worthless. Value can also be achieved by selling the option to someone before the expiration date. So you are betting on, buying and/or selling a financial product.
Anyway, the principle (there's that word again) point that I'd like to express is that your chosen way of making an income effects your perspective on the issue of capital gains. The money you make in these transactions is considered a capital gain, so it's no wonder that you would be against a capital gains tax and cast it in a negative light.
I'm really not trying to get personal here. I don't know you. You might be the nicest person in the world. But when it comes to the issue of taxing capital gains you have a huge vested interest that is bound to color your views and leave me to question your objectivity on this matter.
To some extent I can because I looked it up last night. Now I'm an expert. ;)
The simplified version ...
You're buying and selling options which have a set value and an expiration date. If the set value doesn't meet the market value by the expiration date then those options are worthless. Options that have more time before their expiration date have more value than options near that date because there is more time for the market to go up and reach that value. The value of these options decay as they approach their expiration date, with the greatest rate of decay occurring in the few weeks before that date arrives.
So now that I have a bit of an understanding about what you do, here are a few thoughts ...
"Siphoning" was a poor choice of words. And for that I apologize. "Wagering" would more accurately describe what is happening here. The option has been given a value and if the market reaches that value then the option is worth something, if not, it is worthless. Value can also be achieved by selling the option to someone before the expiration date. So you are betting on, buying and/or selling a financial product.
Anyway, the principle (there's that word again) point that I'd like to express is that your chosen way of making an income effects your perspective on the issue of capital gains. The money you make in these transactions is considered a capital gain, so it's no wonder that you would be against a capital gains tax and cast it in a negative light.
I'm really not trying to get personal here. I don't know you. You might be the nicest person in the world. But when it comes to the issue of taxing capital gains you have a huge vested interest that is bound to color your views and leave me to question your objectivity on this matter.
No comments:
Post a Comment