With the launch of the Wii console, Nintendo averted disaster. When the Wii launched in late 2006 Nintendo had been facing the simultaneous attack from the “seventh generation” Xbox 360 which launched a year earlier as well as the PlayStation 3, both of which set as their bases of competition 3D graphics at HD resolutions. Many wrote off the company and called the console market a two horse race.
Then, in what seemed a desperate downward leap, the Wii was launched into a different trajectory. It addressed non-consumers with a new, more intuitive controller and standard resolution rather than competing for hardcore gamers with more power and richer graphics.
TextExpander can be as simple or as geeky as you want. Whatever your level of experience, there’s a TextExpander tip for you:
Make a snippet for your email address. You’ll be amazed at the keystrokes you’ll save not having to type that over and over.
Add one of the Predefined Groups, like HTML/CSS snippets or instant URL shorteners. There’s even an AutoCorrect group to fix your typos.
Try fill-in snippets, which have multiple variable fields. For example, you could have a form letter with blanks for name, product, company, etc. Type your abbreviation, fill in the fields and you’re done.
Create your own AppleScript and shell script snippets.
Get the free demo. Don’t miss the 20% off special discount. Use the coupon code SYN0312 in the Smile store (Expires March 31, 2012).
5by5 | The Critical Path #30: Jetlag.
The thirtieth Critical Path is an extended edition covering a broad sweep of topics: The new iPad and the value of filling the gaps, trip report on the Apple Investor Summit, conversations with a TV show writer, Tim Cook’s attack on the cash mountain and an update on Asymconf. Horace also talks about his cure for jetlag.
As the chart below shows, the last quarter (fourth calendar 2011, first fiscal 2012) was robust with 116% earnings growth and 73% net sales growth. I’ve heard many superlatives used to describe it. It is certainly exceptional but it was not as good as the second calendar quarter of 2011.
Sales grew faster both in CQ1 and CQ2 of 2011 and earnings grew faster in CQ2. It was in many ways a return to normality due to the iPhone returning to 133% revenue growth after the lull of the transitional third quarter.
Now it’s time to consider the current quarter.
In the recent event discussing Apple’s cash plans, Tim Cook stated that the primary objective of the stock repurchase program is to reduce dilution from the ongoing distribution of shares to Apple’s employees and executives as part of their future compensation.
The amount allocated to this is $10 billion over a three year period.
This sets up an interesting analysis. The company is saying that they will continue to pay employees with newly issued shares (in addition to wages) but that a portion of those shares will be purchased back from the market to reduce dilution.
To understand the impact, it would make sense to look back and observe how many shares were issued in this way historically and consider how much $10 billion buys.
The following chart shows the quarterly change in shares outstanding.