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Sunday, September 30, 2012
Apple's CEO apologizes for map app
NEW YORK ? Apple CEO Tim Cook apologized Friday for the company's error-ridden new mobile mapping service and pledged to improve the application installed on tens of millions of smartphones. In an unusual mea culpa, he invited frustrated consumers to turn to the competition.
Cook said Apple "fell short" of its own expectations.
"Everything we do at Apple is aimed at making our products the best in the world. We know that you expect that from us, and we will keep working nonstop until Maps lives up to the same incredibly high standard," he said in a letter posted online.
Apple released an update to its iPhone and iPad operating system last week that replaced Google Maps with Apple's own map application. But users quickly complained that the new software offered fewer details, lacked public transit directions and misplaced landmarks, among other problems.
People have been flocking to social media to complain and make fun of the app's glitches, which include judging landscape features by their names. The hulking Madison Square Garden arena in New York, for instance, shows up as green park space because of the word "garden."
Until the software is improved, Cook recommended that people use competing map applications to get around ? a rare move for the world's most valuable company, which prides itself on producing industry-leading gadgets that easily surpass rivals.
Apple has made missteps in the past ? even under founder and CEO Steve Jobs, whose dogged perfectionism was legendary.
"I think they are clearing the air and, more importantly, clarifying why they had to do their own maps," said Tim Bajarin, a Creative Strategies analyst who's followed Apple for more than three decades.
He recalled an infamous problem with the iPhone 4's antenna that interfered with reception when people covered a certain spot with a bare hand. Jobs apologized, though he denied there was an antenna problem that needed fixing. Apple quickly recovered.
But Cook's remarks went further, saying the company was "extremely sorry" and promising to make swift changes.
On Friday, Cook said the new version of the mapping app was designed to give users the features they've been asking for. It includes turn-by-turn directions, voice integration and a 3-D flyover feature.
Google's map application for the iPhone did not give turn-by-turn directions or voice-guided navigation, although its version for Android devices does.
Google, Bajarin said, wouldn't license the turn-by-turn feature to Apple because Google prefers to give devices running its own Android software an advantage over the iPhone and iPad. Maps and navigation are among the most-used features of smartphones.
Cook said Apple's maps will get better as more people use the app and provide feedback.
But for now, Cook actually recommends that users look at other options ? including Google maps.
"While we're improving Maps, you can try alternatives by downloading map apps from the App Store like Bing, MapQuest and Waze, or use Google or Nokia maps by going to their websites and creating an icon on your home screen to their web app," Cook wrote.
Source: http://www.timesunion.com/business/article/Apple-s-CEO-apologizes-for-map-app-3903718.php
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Saturday, September 29, 2012
FYI Express: Flood Insurance Manual Changes October 1, 2012
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Source: http://fyi-express.blogspot.com/2012/09/flood-insurance-manual-changes-october.html
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Tulsa OK Real Estate - 4602 S 132nd Tulsa OK 74134 MLS# 1229304
[unable to retrieve full-text content]BR 1229304 - Residential Tulsa, OK Real Estate Provided courtesy of. AWESOME STARTER HOME,MOVE IN READY. BEAUTIFUL 3/2/2 UPDATED CARPET,PAINT,NEW STOVE/MCRWV SEPT 2012.LARGE LVG RM W/FP ...
Source: http://www.davenportcompany.com/blog/4602-s-132nd-tulsa-ok-74134-1229304.html
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Two-alarm fire at Mayor Osby Davis' office suspected arson
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Friday, September 28, 2012
Regular refs back; Goodell apologizes to fans
NEW YORK (AP) ? The NFL's regular officiating crews are back, and Commissioner Roger Goodell has apologized to the fans who fretted about the replacements the last three weeks.
After two days of marathon negotiations ? and mounting frustration across the league ? the NFL and the officials' union announced at midnight Thursday that a tentative eight-year agreement had been reached to end a lockout that began in June. The regular refs' return couldn't have come soon enough for many players, coaches and fans.
"Obviously when you go through something like this, it's painful for everybody," Goodell said on a conference call about 12 hours after the deal was struck. "Most importantly, it's painful for fans. We're sorry to have to put fans through that. Sometimes you have to go through something like that in the short term for the right agreement for the long term."
The deal follows Seattle's chaotic last-second win over Green Bay on Monday night in which the replacement officials struggled. Goodell, who was at the bargaining table Tuesday and Wednesday, said regular officials would work the Browns-Ravens game at Baltimore on Thursday night.
The seven-man crew working the game is led by referee Gene Steratore, a 10-year NFL veteran.
"We are glad to be getting back on the field for this week's games," NFL Referees Association President Scott Green said.
The players' union is happy to have them.
"Our workplace is safer with the return of our professional referees," the NFLPA said in a statement Thursday. "We welcome our fellow union members back on our field."
Plenty of players chimed in, too.
"Never thought I would be excited for the refs to come back to work but it's about time it was definitely necessary!" Cleveland return specialist Josh Cribbs tweeted Thursday morning.
Added Minnesota punter Chris Kluwe: "It was a noble experiment, but I think ultimately a failed experiment, from what we've seen. It'll be good not to have to worry about that when we're on the field. It's good that it won't be a distraction anymore."
Shortly after the news broke, Buffalo running back C.J. Spiller tweeted, "Welcome back REFS."
The tentative deal must be ratified by 51 percent of the union's 121 members. They plan to vote Friday and Saturday in Dallas.
For the Packers, Redskins, Lions and other teams who voiced their displeasure with calls that might have swayed games, the agreement doesn't change their records. But after having replacements for the first three weeks, triggering a wave of outrage that threatened to disrupt the rest of the season, Titans quarterback Matt Hasselbeck probably spoke for his peers by simply echoing Spiller: "Welcome back."
The agreement hinged on working out pension and retirement benefits for the officials, who are part-time employees of the league. The tentative pact calls for their salaries to increase from an average of $149,000 a year in 2011 to $173,000 in 2013, rising to $205,000 by 2019.
Under the proposed deal, the current defined benefit pension plan will remain in place for current officials through the 2016 season or until the official earns 20 years' service. The defined benefit plan will then be frozen.
Retirement benefits will be provided for new hires, and for all officials beginning in 2017, through a defined contribution arrangement. The annual league contribution made on behalf of each game official will begin with an average of more than $18,000 per official and increase to more than $23,000 per official in 2019.
Beginning with the 2013 season, the NFL will have the option to hire a number of officials on a full-time basis to work year round, including on the field. The NFL also will be able to retain additional officials for training and development, and can assign those officials to work games. The number of additional officials will be determined by the league.
"As you know, this has to be ratified and we know very little about it, but we're excited to be back. And ready," referee Ed Hochuli told The Associated Press by telephone. "And I think that's the most important message ? that we're ready."
The longest contract with on-field officials in NFL history was reached with the assistance of two federal mediators.
Replacements have been used both to play and officiate NFL games before. In 1987, the players went on strike and three games were played with replacement players. In 2001, the first week of the regular season was officiated by replacements before a deal was worked out.
One big difference: The replacements 11 years ago generally came from the highest levels of college football. These officials were from lower college divisions or other leagues such as Arena Football.
After Seattle's 14-12 victory against the Packers, their ability to call fast-moving NFL games drew mounting criticism, with ESPN analyst Jon Gruden calling their work "tragic and comical."
The Seahawks beat Green Bay on a desperation pass into the end zone on the final play. Packers safety M.D. Jennings had both hands on the ball in the end zone, and when he fell to the ground in a scrum, both Jennings and Seahawks receiver Golden Tate had their arms on the ball.
The closest official to the play, at the back of the end zone, signaled for the clock to stop, while another official at the sideline ran in and then signaled touchdown.
The NFL said Tuesday that the touchdown pass should not have been overturned ? but acknowledged Tate should have been called for offensive pass interference before the catch. The league also said there was no indisputable evidence to reverse the call made on the field.
That drew even louder howls of disbelief. Some coaches, including Miami's Joe Philbin and Cincinnati's Marvin Lewis, tried to restore some calm by instructing players not to speak publicly on the issue.
Fines against two coaches for incidents involving the replacements were handed out Wednesday.
Patriots coach Bill Belichick was docked $50,000 for trying to grab an official's arm Sunday to ask for an explanation of a call after his team lost at Baltimore. And Washington offensive coordinator Kyle Shanahan was tagged for $25,000 for what the league called "abuse of officials" in the Redskins' loss to Cincinnati on Sunday. Two other coaches, Denver's John Fox and assistant Jack Del Rio, were fined Monday for their conduct involving the replacements the previous week.
"I accept the discipline and I apologize for the incident," Belichick said.
Players were in no mood for apologies from anyone.
"I'll probably get in trouble for this, but you have to have competent people," Carolina receiver Steve Smith said. "And if you're incompetent, get them out of there."
And now they are out.
___
AP Sports Writers Tim Reynolds in Miami, Tom Withers in Cleveland, Jon Krawczynski in Minneapolis, Steve Reed in Charlotte, N.C., and R.B. Fallstrom in St. Louis contributed to this story.
___
Online: http://pro32.ap.org/poll and http://twitter.com/AP_NFL
Source: http://news.yahoo.com/regular-refs-back-goodell-apologizes-fans-165514645--nfl.html
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How can I build trust in my boyfriend when I've ... - Marriage Right
Q: ?I was previously in a very emotionally/mentally abusive relationship. My current boyfriend and I are very serious and are working on preparing for marriage. He loves the Lord and me very much, what more could I ask for ? but yet I still fear he?s going to abuse me like my previous boyfriend. He?s very patient with me and loving and kind through my trust issues, which I thank God for ? other than prayer, are there any exercises we can do to build trust??
A:?It?s rather normal that when you?ve been in an abusive relationship?you tend to carry that distrust into the next relationship. In a sense, it?s unfair to the other person because they are a different person. But it?s normal because when you?re hurt emotionally by someone, you anticipate when they are going to let loose and be abusive.?I think this is not so much something the two of you can do together, though, I think you can be open and talk about it together.
One of the things you can do is get up every morning and say, ?I am not dating so and so, I am now dating so and so.? Consciously remind yourself that the man you are dating is a different person and it?s that reminder that builds in your mind a pattern of anticipating different things from the new person.
You can also try telling yourself, ?I have these feelings and emotions that come sometimes but I?m not going to let those control me; I?m going to accept the kind and loving response I am receiving from the person I?m now dating.?
Gary Chapman
Gary Chapman, PhD, is the author of the bestselling The 5 Love Languages series, which has sold more than 7 million worldwide and has been translated into 40 languages. Dr. Chapman travels the world presenting seminars on marriage, family, and relationships, and his radio programs air on more than 300 stations. He lives in North Carolina with his wife, Karolyn. For more information visit 5lovelanguages.com.
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N e i v e d y a m: Trader Vic's Restaurant Review
Trader Vic?s is a family of restaurants, united by our four cornerstones: Decor, Food, Drinks, and Service. Its located in Phoenix mall, Whitefield, Bangalore. We food bloggers were invited for a Bloggers's round table.
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Their ?menu showcases the best of cuisines from around the world including Chinese, Japanese, Polynesian, Vietnamese, Thai, French, and Californian.?They strive for authentic preparations and every Trader Vic?s location features world-famous Chinese wood-fired oven.About the Trader!
Victor J. "Trader Vic" Bergeron packed more excitement, enjoyment and exotica into his 82 years than any other man. Victor Bergeron first began mixing drinks in 1934 in his Oakland saloon called Hinky Dinks, he embarked on his first South Seas adventure and completely immersed himself in island living and culture.
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In 1936 Victor Bergeron became popularly known as Trader Vic. He transformed Hinky Dinks from a saloon into a tropical retreat with artifacts he collected on his extensive travels. The Trader then began to put into practice his research on rums and served simmering plates of Island-style cuisine and quickly became the first fusion restaurant concept.The Decor and ambiance is awesome with lots and lots of Tiki sculptures all around us which gives a tropical environment feeling. These Tikis are from Hawaii.
Tiki artwork, sculptures, and the totem-pole style carvings are from all over the Pacific and Pacific Rim - island nations, native cultures, and rare tribes express their connection with magic, gods, and forces of nature. You'll see different styles of Tiki art and sculpture, depending on it's origin.Our tikis are hand carved from coco palms with attention to detail. Turn your home and business into a tropical paradise with our tikis.
I loved this outdoor decor which is a very nice place to hangout with friends!
Trader Vic?s today is famous for this custom-made wood-fired Chinese Oven which can be traced back over two thousand years to the Han Dynasty. Each new restaurant has a room dedicated to these special hand-made ovens. This ancient method of cooking is today being recommended by the American Heart Association.
Today, Trader Vic?s restaurants across the globe seamlessly integrate the treasured traditions of the heady first days with inventive and contemporary cuisine and cocktails, a formula for success that the Trader himself would be proud of. Take the tropical plunge and become a part of the rich and timeless history of Trader Vic?s.
Food- I was not disappointed being a vegan. We started with soups like Tom Kha Veg and Tonga Corn Bisque !
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This is a starter with dip!
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Trader Vic's Summer Roll taster very?light and refreshing
Coral Reef? a tropical drink in every way!
Smoked Tofu Bowl is a hot and sweet veggie mix with steamed rice!
Indonesian Veg Satay with corn patties!
?Veg Fried Rice tasted awesome. It was cooked to perfection! These are some mock tails like Soft Mojito, Mango Virgin Daiquiri, Peach tree Punch, Flamingo! Lovely right!??
Chocolate Vic's Snowball for my daughter:)
Rum top dessert did not have anything much to do with rum, believe me:)
Chocolate Nut Tiki was awesome with lots of roasted walnuts and a dollop of ice cream!
The overall experience was good and quite different from the usual! Its a good place to hangout with family or friends if you are in a party mood! There is a tropical touch to every thing here! The Price for two person would be around Rs 1500 to 2000 plus tax.
DISCLAIMER: All the views in this post are my own and done by tasting the product. This is not a paid review?
Source: http://www.neivedyam.com/2012/09/trader-vics-restaurant-review.html
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Thursday, September 27, 2012
This '1 percent' helps nonprofits solve architectural problems
'The 1?percent' a program of public architecture based in San Francisco, connects nonprofit groups in need of design assistance with free help from architecture or design firms.
'In a moment of ambitious insanity, I decided to start a nonprofit,' says John Peterson, the founder and president of The 1%, which matches architectural and design firms with nonprofit groups that need their help.
Courtesy of The 1%, a program of Public Architecture
EnlargeInside the sleek steel and cement workshop of Bikes Not Bombs in Boston's Jamaica Plain neighborhood, at-risk youths recondition bicycles before sending them on for use in developing countries.
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Halfway across the country at the University of Minnesota Amplatz Children's Hospital, a ?showcase suite? shows how a child's hospital room can be made less intimidating and more comfortable.
The "1 percent" built the bike-repair workshop. The "1 percent" also built the hospital room.
No, not the 1 percent that?s been the object of Occupy Wall Street protests. This is "The 1%" program of public architecture. Based in San Francisco, the
organization connects nonprofit groups in need of design assistance with architecture or design firms. The name for the group comes from the idea that if firms across the country donate just 1 percent of their time each year to charitable work it would equal 5 million hours.
?In a moment of ambitious insanity, I decided to start a nonprofit,? says John Peterson, the founder and president of The 1%.
Mr. Peterson previously ran a small private architecture firm that specialized primarily in residential projects. But as his firm began taking on projects that forced him to think about its role in various kinds of neighborhoods, he saw an opportunity to help underserved communities.
Most architecture and design firms, he found, were unfamiliar with the idea of doing pro bono work. Initially, holding design competitions was the only way to get firms to participate.
?But competition [projects] rarely get built,? says Amy Ress, project manager for The 1% program. ?We wanted to do projects that would get built.?
Mr. Peterson launched The 1% in 2001. More than 10 years later, more than 1,000 architecture and design firms (between 3 percent and 5 percent of all American architectural firms) and 600 nonprofit organizations are participating. About 18 new firms join each month, he says.
One of the earliest design ideas was The Station, which would serve as a gathering point for day laborers. Day laborers normally must hang out at spaces meant for other uses, such as gas stations and parking lots. Today a handful of official day labor centers exist across the country.
The Station, a flexible, pavilion-like structure could also serve as an employment center and classroom. While it?s not yet in use, the project is an example of how design can push discussion about social issues, according to the Program for Public Architecture website.
More outreach to architectural firms is needed to increase the number of pro bono participants , Ms. Ress says.
?If they [architectural firms] can?t keep the lights on and pay their staffs, they can?t do it,? Ress says. So The 1% needs to educate architect and design firms on how pro bono work can be a healthy part of doing business.
Firms should think of donating their time as an investment, Ress says. Nonprofits often have influential people on their boards. The chance to present work to a group of influential people is an opportunity, she says. One pro bono project can lead to 10 paying projects because of the connections made. And, in turn, new paying projects mean the firm will be able to afford to do yet more pro bono work, she says.
Donating time also permits firms to reach markets outside their usual business circle. And it allows younger firms to test new designs and technologies as well.
Only nonprofit groups based in the United States can participate in The 1%, though their projects can be anywhere. For example, San Francisco-based Room to Read builds libraries and school in Africa. It came to The 1% to find a design firm to help it become more energy and resource efficient.
A few firms in Canada and other nations use The 1% to share their pro bono work ideas though they haven?t yet joined in and matched up with nonprofit groups.
Financial support for The 1% comes from a mix of corporate and private foundations, according to The 1%. These groups include the National Endowment for the Arts, Shaw Contract Group, Teknion, and Formica. Contributions also come from firms such as Gensler, Cannon, and McCall Design Group.
From its start, The 1% has always asked the questions "How do we participate in the community? What is our responsibility in the community?? Peterson says.
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Rick's Reflections: Charity, Philanthropy, Justice and Mercy
As always, when this group gathers, my plate is filled with much food?for thought.? One of the presentations that I really appreciated was delivered by Dr. John Wimmer, who directs the Religion Program Division of the Lilly Endowment.? As you may know, the Lilly Endowment supports one of the largest foundations in the United States and is rare among foundations of similar size and scope in that it includes support of religion among its top priorities.
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While the quick response from the grant makers in the room was that we see work as philanthropic, the discussion that followed was very helpful.? The need for charitable grants is great so that resources can be invested in efforts to provide relief when disasters and emergencies strike and where immediate response is needed to provide for basic things like food, shelter and clothing.? Extremely important, as well, is the challenging work of philanthropic investment, which attempts to identify and address the underlying root causes of human need and provide support for long-term change. ?Such investments require time and financial resources to ?move the needle? as well as cooperation and collaboration among grant makers and other organizations.
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Of course, I am also thankful for Wheat Ridge Ministries? unique place in this important work as a seeder of new health and human care ventures.? What a blessing it is to be supported by the gifts of people who are both charitably- and philanthropically-motivated and to invest these gifts in new ministries so that increasing numbers of people can experience the healing touch of Christ!Source: http://wheatridgeministries.blogspot.com/2012/09/charity-philanthropy-justice-and-mercy_26.html
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Wednesday, September 26, 2012
4 List Building Secrets For Success | Paul Eveleigh | Internet ...
Wednesday, September 26th, 2012 at 10:52 pm ?
Every internet business owner knows just how important list building is to the success of their brand and the advantages it brings in maintaining good relationships with customers and prospects. But most find it a drag on their time and often give up claiming it doesn?t work. Yet there are thousands of people out there marketing to their lists that will tell you it is their most valuable asset.
Attracting people onto a list is most commonly achieved through offering an enticement such as a free gift. It is best if this can be delivered digitally as it offers instant gratification and doesn?t require any ongoing maintenance once it is set up..
Here are 4 list building secrets that you need to know to make building your mailing list successful.
Set-up a Squeeze Page
A squeeze page is just a simple web page who?s sole aim is to capture leads for the business. You can set up a simple squeeze page using HTML or set up a WordPress site and create a dedicated page on there as your squeeze page. Make sure to remove the sidebar so there are no distractions for your visitors. Add a great headline that immediately catches the attention of your visitor. Keep graphics to a minimum, may be just an image of your product to keep load times fast. Add your form code to the page so you can capture the names and emails of those interested in your offer. Include 3 to 5 bullet points that describe the benefits of of your free offer. A dedicated squeeze page works better than just adding a form onto the sidebar of a blog. In fact sending visitors to a dedicated squeeze page is proven to convert around 15 ? 20 times better.
Entice Visitors An Irresistible Offer
Offering a free irresistible gift that holds value for the visitor is a huge enticement that can interest them in giving up their email in exchange for whatever you are offering. This could be a report, a video, coupon code, almost anything really as long as it is valuable in the eyes of your visitors.
Professional Autoresponder Service
This is where your database of subscribers is housed, and where your form code will be provided for your squeeze page. Make sure that you use a professional autoresponder service like Aweber or Constant Contact, avoid free autoresponders at all costs. Free services often add their own advertising to your messages which may not be relevant, they also have limits on the amount of subscribers allowed. Most autoresponder services will not allow you to import lists without verification, so if you change provider at a later date all your list members will need to re-verify. From experience only about 1 in 5 will do so. An autoresponder will allow you to automate much of the process and once set-up will run on auto-pilot and requires very little time to maintain once set-up.
Targeted Traffic
You want targeted traffic to your squeeze page that is truly interested in what you have to offer. Targeting visitors is quite easy, just go to your favorite search engine and type in your niche + forum and you will find communities that are interested in your niche. You can also search for blogs about your subject and visit them, leave relevant valuable content in the comment box. This works by letting you leave a link to your website hyper-linked to your name, if you have left good comments the blog owner and other visitors are surely going to visit your web page. Pretty soon you will have links all over the web using this method that produce targeted traffic to your web page daily.
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Download your free compact guide to list building which will provide you with more information about how you can start building your list.
About Paul Eveleigh
Paul trained as a professional photographer having photographs published in magazines and national newspapers. He later went on to to train in the construction industry and now runs his own successful business.
Tagged with: compact guide to list building ? internet marketing ? list building
Filed under: List Building
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Source: http://pauleveleigh.com/364/4-list-building-secrets-for-success/
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White House said to plan executive order on cybersecurity
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Onions on hamburger send Oregon man into ?McFury?
Jayme John Leon after his arrest (Multnomah County Courthouse)The unexpected inclusion of onions on a hamburger sent one Oregon man into what police called a "McFury," which could not be alleviated even after he was offered a free replacement burger.
The Oregonian reports that Jayme John Leon, 50, reportedly threw a soda in a McDonald's manager's face and smashed a cash register over the dispute.
Leon walked into a local McDonald's on September 23 and ordered a quarter pounder burger without onions. But when he returned home, Leon discovered the burger was in fact topped with onions.
When he called the restaurant to complain, Leon was told he was entitled not only to a refund but a free replacement burger.
However, Leon reportedly ate the offending burger anyway but still showed up to the McDonald's demanding a refund and fresh burger.
"Since he ate the quarter pounder, McDonald's would not refund his money, sending Mr. Leon into a McFury," Sgt. Claudio Grandjean, Gresham Police spokesman, told the paper.
After tossing the drink and breaking the register, Leon then left the restaurant and headed back home.
He was intercepted by police and has been charged with first-degree criminal mischief, second-degree disorderly conduct, and harassment.
Source: http://news.yahoo.com/blogs/sideshow/onions-hamburger-sends-oregon-man-mcfury-192520130.html
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BoE's Fisher - Economy's supply capacity has suffered
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Source: http://news.yahoo.com/boes-fisher-uk-economys-supply-capacity-suffered-110101524--business.html
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Vornale Island
You were kidnapped one night and you wake up on a beach with only a key, a flashlight and a mysterious note.
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This topic is an Out Of Character part of the roleplay, ?Vornale Island?. Anything posted here will also show up there.Topic Tags:
Forum for completely Out of Character (OOC) discussion, based around whatever is happening In Character (IC). Discuss plans, storylines, and events; Recruit for your roleplaying game, or find a GM for your playergroup.This is the auto-generated OOC topic for the roleplay "Vornale Island"
You may edit this first post as you see fit.
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neobuddy2007 - Member for 0 years
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Tuesday, September 25, 2012
Mens health and fitness - HEALTH, BEAUTY & FITNESS
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Monday, September 24, 2012
The Market Doesn't Think There's An iPhone Sales Problem ...
AP
Lines are for sheep. The crazy ones just wait a few weeks.
This morning, Apple announced what, at first glance, looked like a disastrous number for launch-weekend iPhone 5 sales.The "worst-case" scenario that had been thrown around was 6 million, and estimates had run as high as 10-12 million.
The 5 million number Apple reported looked so bad that, had the consensus been that it was caused by weak demand for the iPhone 5, Apple's stock would have crashed.
But Apple's stock didn't crash.
It just dipped 1%.
So that tells you that the market isn't even remotely worried about demand for the iPhone 5.
Is the market right not to be worried?
Probably.
Although demand for the iPhone 5 in some locations did not seem as intense as it has in the past, most of stores appear to have run out of iPhones pretty quickly. And, as Gene Munster and other analysts noted this morning (when explaining why a number that looked like a disaster might not be a disaster), many of the 2 million iPhones ordered via "pre-orders" will be recognized as sales this week or even in October, which is in the next fiscal quarter, and therefore may not have been included in that 5-million number. (This is because Apple does not count these iPhones as "sold" until they actually reach the end customer.) And then there is probably a trend toward more online ordering instead of store-based purchases as savvy customers try to avoid wasting time in the horrendous lines that accompany every iPhone launch.
And there's another factor that is probably at work here, one that will spread sales of the iPhone 5 out over the next year instead of bunching them into a frenzied week or two:
Carrier contract expirations.
The US and other iPhone markets are now much more mature than they have been in prior iPhone launches, which means fewer of the new iPhone sales will go to "new users" (people who haven't had smartphones) than they have in the past. A larger percentage of buyers, in other words, will be coming off contracts, which may affect the timing of when these buyers can upgrade to the latest phone.
Also, in an attempt to reduce the cost of frequent upgrades (and the subsidies associated with them), the carriers have been getting more stringent about when users can upgrade to new phones. As a result, most people who bought the iPhone 4S last year--and a lot of people bought the iPhone 4S--will likely be stuck with it for a while.
Although tech snoots have been hyperventilating over the iPhone 5, moreover, the truth is that it's a relatively minor upgrade over the 4S, which itself was a relatively minor upgrade over the 4, and so on. Each incremental generation of smartphones does less to improve the overall user experience than the early upgrades did. So even folks who want an iPhone 5 and plan to get one may not feel compelled to deal with the hassles of the launch-week rush, preferring to wait until they know they can just walk into a store and get one.
Lastly, there's the ongoing challenge of supply: Even with millions of Chinese workers assigned to the task, cranking out 5-10 million iPhones in a couple of months is a mind-bogglingly complex production challenge, and Apple may simply be bumping up against the limits of what is currently possible. Although Apple undoubtedly wanted to have a successful iPhone 5 launch, it would probably actually prefer that the sales be spread out over the next 6-12 months, rather than coming in one massive burst. So it may actually not be in Apple's interest to produce much more launch-day supply.
Bottom line, there seem to be a lot of good reasons why the market concluded that there's no iPhone demand problem, despite the ostensibly lousy launch-weekend sales. And the market's probably right.
SEE ALSO: Two Charts Show How Disappointing iPhone 5 Launch Sales Look
Source: http://www.businessinsider.com/iphone-sales-problem-2012-9
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China's corruption crackdown takes shine off luxury boom
HONG KONG (Reuters) - Luxury brands banking on a China rebound to boost sales may be in for an unpleasant surprise: weak demand in the world's second largest luxury market may last longer than the economic slowdown as Beijing cracks down on conspicuous consumption.
China is sensitive to anything that raises suspicions of corruption, especially after the scandal involving Bo Xilai and his emerald-wearing wife Gu Kailai marred this year's once-a-decade leadership transition.
The government imposed a "frugal working style" rule on its civil servants, which goes into effect on October 1, barring them from spending public money on lavish banquets or fancy cars, and from accepting expensive gifts.
Gifts are often offered in return for favors in China, where bribery is widespread. The culture of gift giving has been a source of demand for the world's top luxury brands.
A string of high-profile incidents, including a high-speed Ferrari crash reportedly involving the son of a senior public official and a local government official photographed flaunting luxury watches beyond the reach of his salary, have enraged many Chinese who have taken to the blogosphere to vent their anger.
The local government official was fired for a "serious violation of discipline", state media said at the weekend.
Chinese police inspectors are now studying up on how to recognize luxury brands to help them expose corruption.
"Luxury products are highly expensive and civil servants, whose salaries are about 5,000 yuan ($790.6) a month, cannot afford them," China Daily reported on Friday. "So officials who possess luxury products should give convincing explanations on how they got them."
Luxury brands were already struggling with a slowing economy and a bit of flashy fashion fatigue as Chinese shoppers shun flamboyance in favor of understated displays of wealth.
Beijing's crackdown suggests that even if economic growth starts to recover later this year, as many economists predict, luxury demand may lag.
"There is definitely a general moving away from the bling and the gold taps. This is a permanent shift," said Rupert Hoogewerf, chairman of the Hurun Report, a Shanghai-based luxury publishing house which compiles China's Rich List.
Hoogewerf said while many Chinese consumers are pulling back on spending because of a weakening economy, there is also a heightened sensitivity surrounding luxury purchases.
PRADA'S TURN?
British fashion house Burberry Group Plc's warning on September 11 that its sales growth in China was far slower than expected spooked luxury investors and raised concerns that the entire sector was in danger of stumbling.
Its Italian rival, Hong Kong-listed Prada SpA, releases half-year earnings later on Monday and investors are looking to the company to provide a clearer picture of the state of Chinese demand.
Analysts have mostly remained upbeat on Prada's outlook, eyeing strong market share gains and good brand perception, but its shares are down 7.5 percent since Burberry's warning.
There are some signs that Beijing's "frugal" campaign, announced in July, is already hurting luxury demand.
In Hong Kong, a popular luxury shopping destination for mainland Chinese, July sales rose just 3.8 percent from a year earlier, slowing from June's 11 percent year-on-year growth. August figures are scheduled for release on October 4.
Gift giving is a cultural norm in China, seen as a way of showing respect. It is not unusual for civil servants to receive expensive bottles of alcohol, jewelry or lavish meals from business leaders in the community.
Since Beijing's crackdown was announced, demand for typical gift-giving products such as watches and wine has faded.
Jebsen, a distributor for premium brands in China and one of the largest Porsche dealership groups in the world, said its Porsche sales have remained healthy, up 28 percent in August from a year earlier.
But its Hong Kong Bordeaux wine sales are down 25 percent in value and 6 percent in volume. Hong Kong has been a favorite entry point to China for high-end Grand Cru wines.
To be sure, China still has plenty of people willing and able to splash out on fancy goods, and Hong Kong and the gambling enclave of Macau remain shopping paradises.
At U.S. billionaire Steve Wynn's casino in Macau, which houses high-end brands such as Louis Vuitton, Piaget and Dior, retail business is still solid with sales well up over the same period a year ago, said a Wynn spokesperson.
Outlet shopping villages are also becoming popular for Chinese consumers who benefit from hefty tax savings.
Desiree Bollier, chief executive of Value Retail, which has nine outlet villages in Europe, said Chinese customers are increasingly opting for the smaller niche European brands offering unique products they cannot find at home.
"Demand is not diminishing but evolving - the spectrum is becoming broader and more sophisticated," she said.
(Reporting by Farah Master; Editing by Emily Kaiser and Jean Yoon)
Source: http://news.yahoo.com/chinas-corruption-crackdown-takes-shine-off-luxury-boom-032805895.html
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Apple sells over 5 million iPhone 5, supply constraints loom
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Source: http://news.yahoo.com/apple-sold-more-5-million-iphone-5-124518848--finance.html
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