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jepzilla
11/11/09

In reply to Apple's Soaring Pile Of Cash
That's... not good. Sure, some cash is important for operational purposes, but not $34B. If they don't have some spectacular purpose in mind, that money should be invested or returned to shareholder in a special dividend (like Microsoft did to its famous warchest after its legal liabilities went away).
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Edited by jepzilla at 11/11/09 7:55 PM jepzilla was starred jepzilla was unstarred

JacquesAss
11/11/09

@jepzilla: As mentioned in the "CEO of the Decade" article, that downward slope from 12/96 to 9/97 was heading rapidly to the X-axis - bankruptcy.

I would expect Apple to use this cash for something more productive than financial holdings once the worldwide economy turns around. If you are a shareholder (and I am), you shouldn't be upset that Apple is sitting on a big pile of cash when financing is hard to come by and short-term financial investments have a large potential upside.

It's not like the CFO put the cash under his bed and refuses to let Apple have it back... #chartoftheday
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Don Nguyen promoted this comment JacquesAss was starred JacquesAss was unstarred

Don Nguyen
11/11/09

@jepzilla: If I was a shareholder I would rather Apple keep the cash (as long as I kept a good return) in a bid to keep stability later on down the line. Have them invest it in good R&D with a longer term picture in mind.
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Edited by Don Nguyen at 11/11/09 8:14 PM Don Nguyen was starred Don Nguyen was unstarred

jepzilla
11/11/09

@Don Nguyen: The point is, Apple shareholders are getting basically no return on that $34B right now. It's cash, that means it's almost certainly not getting a good real return. $34B in cash is money that's NOT being spent on R&D. I agree, they should invest it in good R&D. Hire some more engineers and start working on new products, or build a research lab, or do venture funding or something.
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Edited by jepzilla at 11/11/09 8:25 PM jepzilla was starred jepzilla was unstarred

jinushaun
11/11/09

@jepzilla: Have you been following Apple's stock for the past year or so? They're basically recession proof. I think shareholders, like myself, are doing just fine. #chartoftheday
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tande04
11/11/09

@jepzilla: Right they need to do something with it.

Its sitting there now. I'm sure they've got it in some great stuff that I could only dream of having similar returns but its not being used.

$34 billion is a lot. A lot is an understatement. Its the GNP of a small country.

Yes, financing is tough to come by in this economy. What are they going to have to finance for $34 billion though?
Its very, very similar to the money just sitting under Steve's bed. #chartoftheday
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tnt-tek: I'd like some corn nuts
11/11/09

@jinushaun: Nothing and no one is recession proof. Apple has the same kind of investor ride Google was getting after it's IPO. Apple = profitable but shares are trading between 45 and 60x P/E. That and your not getting a dividend. It makes me wonder why they are charging such a premium to hold their stock and what they plan on doing with that stockpile. If it's not a big acquisition, $34B is WAY too much money to have on the sidelines... It makes me wonder if they're waiting for some inevitable FTC anti-trust smack-down for the iTunes/iPhone/iPod ecosystem... #chartoftheday
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Nathan Obbards promoted this comment

COCOViper
11/11/09

@jepzilla:
During recessions cash is king. Especially now when liquidity is hard to come by, it gives Apple complete freedom on how to run their business.

Agreed that 34B is a lot, but not for a company with the growth like Apple. #chartoftheday
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Don Nguyen promoted this comment COCOViper was starred COCOViper was unstarred

frigg
11/11/09

@tnt-tek: I'd like some corn nuts: Apple's P/E is 32, not 45 -60X. I just googled it. #chartoftheday
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sprice82
10/31/09

In reply to Gizmodo Looking for Freelance Artists and Infographics Designers
I can Photoshop Lam's head on Frucci's Body. JOB PLEASE
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Adam Frucci promoted this comment Edited by sprice82 at 10/31/09 3:00 AM sprice82 was starred sprice82 was unstarred

Adam Frucci
10/31/09

@sprice82: Prove it. #jobs
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PipeRifle
10/31/09

@Adam Frucci: ~15 minutes worth of hot LamFrucci goodness! #jobs
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Adam Frucci promoted this comment PipeRifle was starred PipeRifle was unstarred

sprice82
10/31/09

@PipeRifle: I copyrighted that idea. MONEY PLEASE

@Adam Frucci: Frucci,

I proved it, my making someone else do it for me :D #jobs
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Adam Frucci
11/01/09

@PipeRifle: Oh my goodness. You're fired. #jobs
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PipeRifle
11/05/09

@Adam Frucci: Hooray! Half day! #jobs
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diesel828
10/29/09

In reply to Gizmodo Looking For Star Junior Tech Writer In NYC
What about writers-not-living-in-but-willing-to-rel...? #meta
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Curves
10/21/09

In reply to Graphics Intern Needed
Or be a really hot babe (with a good set and I dont mean a good skill set) for Jesus to look at all day while he does his own photochops. ;) #graphicsintern
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nutbastard
10/21/09

In reply to Microsoft Now Hiring Windows Gurus, Having Followers a Plus
somebody please photoshop brian lams face into that picture. #microsofthiringwindowsgurus
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OMG! Ponies!
10/21/09

In reply to Microsoft Now Hiring Windows Gurus, Having Followers a Plus
Well, we could get Kaiser, SteveDave and I to helm the NY guru bar on weekends. That right there brings in over 2,000 followers.

Then again, they're Gizmodo followers - meaning that they're all a bunch of Mac fanboys. #microsofthiringwindowsgurus
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Kaiser-Machead
10/21/09

@OMG! Ponies!: Hot damn! I'm in! #microsofthiringwindowsgurus
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cynep
10/21/09

In reply to Microsoft Now Hiring Windows Gurus, Having Followers a Plus
The core problem with this gig is that Mac tends to attract dumb hotties with rich daddies. PC tends to attract fatties working at the same mall and WoW freaks.

I think the choice is clear...

P.S. NO FAT CHICKS #microsofthiringwindowsgurus
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MosesMonster promoted this comment cynep was starred cynep was unstarred

Rejexted
10/21/09

@cynep: NO THEY D-..sigh...yeah... #microsofthiringwindowsgurus
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Ps360facepunch
10/21/09

In reply to Microsoft Now Hiring Windows Gurus, Having Followers a Plus
I hope Microsoft stores hire people that aren't pricks like people i meet at Genius bars. #microsofthiringwindowsgurus
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Kaiser-Machead promoted this comment Ps360facepunch was starred Ps360facepunch was unstarred

Kaiser-Machead
10/21/09

@Ps360facepunch: I haven't really encountered particularly smug "Geniuses", but they'll only dole as much shit as they think you can tolerate. It's just that a lot of the customers that wander into Apple stores are too passive and it makes them bold. At least, that's my observation. #microsofthiringwindowsgurus
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OMG! Ponies!
10/21/09

@Kaiser-Machead: It also depends on the store.

I found just how terrible the Station A (SoHo) and Apple Cube service is (including the intolerable waits even if you have an appointment) when I went to an Apple Store at a suburban mall.

I waited for about 10 minutes past my appointment time, the gentleman was direct and concise, and bottom-lined everything.

The guys working the counters in NYC are prickish because they can be prickish. #microsofthiringwindowsgurus
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G.O.B.: Come on!
10/21/09

In reply to Microsoft Now Hiring Windows Gurus, Having Followers a Plus
If I didn't hate retail from my experience as a teenager and my first jobs, I'd consider it. Retail really can't pay me enough to give a fuck about pushing their products. That, and I already have a job. #microsofthiringwindowsgurus
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Mike Zuniga: That was Unexpected
10/21/09

In reply to Microsoft Now Hiring Windows Gurus, Having Followers a Plus
Too bad there's nothing in Kansas City. I'd jump on that if they were to put one in Town Center or the Plaza. #microsofthiringwindowsgurus
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Cameron Knapp
10/21/09

@Mike Zuniga: That was Unexpected: I was just thinking about to say that, I hope we get one in the KC area. #microsofthiringwindowsgurus
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Mike Zuniga: That was Unexpected promoted this comment Cameron Knapp was starred Cameron Knapp was unstarred

JonBad
10/21/09

@Mike Zuniga: That was Unexpected: Thanks for making my evening by mentioning Town Center and the Plaza... makin' me home sick #microsofthiringwindowsgurus
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Mike Zuniga: That was Unexpected promoted this comment JonBad was starred JonBad was unstarred

endless
10/21/09

@Mike Zuniga: That was Unexpected:

zona rosa! #microsofthiringwindowsgurus
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Mike Zuniga: That was Unexpected promoted this comment endless was starred endless was unstarred

Software_Goddess
10/20/09

In reply to Graphics Intern Needed
Intern = No Pay
Not going to happen. #graphicsintern
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ecgta3
10/20/09

@Software_Goddess: Haha yeah, but the resume gets an upgrade bitch lol #graphicsintern
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Software_Goddess promoted this comment ecgta3 was starred ecgta3 was unstarred

Software_Goddess
10/20/09

@ecgta3: WHAT DID YOU JUST CALL ME?
If you had any idea what my resume already looks like, you’d choke on those words, idiot! #graphicsintern
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Con Seannery
10/21/09

@ecgta3: OH SHIT! You just called out the Goddess. I think you should just go. #graphicsintern
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ecgta3
10/22/09

@Software_Goddess: Mira puta the "lol" is supposed to reduce the meaning of "bitch" down to a playful word and I don't give a smash what your resume looks like you selfcentered, think you're better than everyone conceded piruja! #graphicsintern
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bobmighty
10/20/09

In reply to Gizmodo Looking For Star Junior Tech Writer In NYC
Think this job will go well with my rigorous rugby schedule? #meta
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ilovexspin promoted this comment bobmighty was starred bobmighty was unstarred

ilovexspin
10/20/09

@bobmighty: if this wasn't a joke--you don't deserve that approval. #meta
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bobmighty
10/23/09

@ilovexspin: rugby's no joke. i've got the dental bills to prove it. which leads me to my next quetion: do you guys have dental? #meta
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Navin R Johnson
10/20/09

In reply to Graphics Intern Needed
Why not have a contest? Something that judges speed and quality.

Post a strange photoshop task (something that nobody will already have completed) Then accept all entries that come in within 1/2 hour. Pick the best ones. #graphicsintern
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Navin R Johnson
10/20/09

In reply to Graphics Intern Needed
"Have a Mac (see below)."

I don't see any reasoning below (or above)

Is there such thing as PC-discrimination? #graphicsintern
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Geisrud
10/21/09

@Navin R Johnson: I would assume that "Apple Numbers 2009" (just below the Have a Mac bullet point) is a software application only available on Mac OS?

However, he didn't mention "able to read English" as a job requirement. So you might still have a chance. #graphicsintern
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Navin R Johnson
10/21/09

@Geisrud: Well that a relief. I was so terrified I wouldn't be qualified for a low paying job pasting Steve Jobs head into photos from Flickr's creative commons pool. Not to mention all those speach bubbles I'll get to create.

Whew. Thanks for clearing that up for me. #graphicsintern
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PollockRoc
10/20/09

In reply to Gizmodo Looking For Star Junior Tech Writer In NYC
To the folks asking about the pay:

Here's the thing; If you apply for, and are selected for a job position and don't like the offered salary, you can turn the job down. Don't let the lack of mention of pay be your excuse for applying for a job that you want.
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Edited by PollockRoc at 10/20/09 11:32 AM PollockRoc was starred PollockRoc was unstarred

DaveExile (SimANT for iPhone NOW!)
10/20/09

@PollockRoc: the cost/benefit on applying to this job is out of whack for anyone past age 25 ... which may be the exact point.

college kids work cheap....(they have to) #meta
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92BuickLeSabre promoted this comment

92BuickLeSabre
10/20/09

@DaveExile (Starless since 2006!): Intentional or not, having met a number of junior folks on the masthead, I think they are comfortable with that result.

They're looking for folks who are excited to do the above with no/few questions asked. And while I'm not that person anymore, that person definitely does exist. I remember being that person.

In the legal world, you get something similar with paralegals and investigators. "Must be high energy. Willing to work crazy hours and do whatever intense thing needs to get done. You'll get great experience." And that's it.

Not surprisingly, most of them were between 22-26. #meta
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DaveExile (SimANT for iPhone NOW!)
10/20/09

@92BuickLeSabre: I remember being that person too. I suppose it was well before the rigors of grad school, etc.

Though, as a sometime inhabitant of the legal world also, I must add that the paralegals I knew of were full-time, had a salary, and had an expectation of the general requirements/benefits of the position. I thought that was a given in seeking top canditates: I've been wrong before.

Of course, I have never heard such pointed complaints about applicants--I submit that if you have to tell someone to re-read the application in the application it is time to make changes. #meta
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Brian Lam
10/22/09

@PollockRoc: I love to delete applications that ask about pay up front. #meta
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Brian Lam
10/22/09

@DaveExile (Starless since 2006!): it's not about pay -- pay is decent, especially considering how all major media companies are shedding bodies. it's the fact that this job is hard at all levels and I need people who can suck it up and deliver. everyone, from intern to me, works hard here and that'll never change. most people in mainstream media have not had the work ethic to keep up. #meta
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