This beach looks out of Boardwalk Empire (Taken with Instagram at Continuum South Beach)
Kamasutra para padres: dedicado a Mia Varsavsky (5 meses)
Sometimes being poor does not mean being unhappy.
I am an investor on 23andme. I have also taken the test of course. What I find fascinating is that you take the test once but more and more information comes to you as the data base grows and more is known about your genetic sequence.
Amazon will announce their earnings later today. As I outlined in October, the results this past quarter will highlight the difference between Apple and Amazon.
Writes Tricia Duryee:
Here’s one data point: For the holiday period, Apple’s gross margin was an impressive 44.7 percent, up from 38.5 percent a year earlier. Meanwhile, analysts are estimating that Amazon’s operating margin will fall to 1.3 percent from 3.6 percent last year.
44.7 percent versus 1.3 percent.
What does that mean? It means that even though Amazon should report record revenues, their profit will likely be depressed — probably badly depressed. Why? Well, first and foremost, most of the goods they sell have low margins. But even the goods that should have high margins — hardware — have low margins.
Or worse. Take the Kindle Fire — Amazon’s most popular product (though don’t bother asking how many they actually sold) — it’s sold at a loss.
Like Apple, Amazon has built an amazing business that has revolutionized more than one industry. But context is important. Right now, Apple probably makes more profit in a day than Amazon does in a quarter.
Why Apple rules and Amazon not quite
The crisis of Spain is a crisis of imagination. There are few people in Spain able to turn an idea into a business. And this is the result.
This evening, when I came back from mountain biking in the sierra near Madrid, I took this picture of the beautiful sky at the entrance of our home.
A Nokia exec told me they could not put a front facing camera and I wrote that.