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Sex.com, the most expensive domain name ever sold at $13 million, has become a website for rating naked women.
The site features an endless stream photos and videos of naked women. Sex.com, is trying to engage and entertain users by adding ratings and likes.
The site also lets user build their own collection of naked women and add pictures or video from the web to the the site.
While researching a story on new job titles, we stumbled on this site: The Bullsh-t Job Title Generator.
The folks in the office couldn’t stop clicking and laughing.
The site explains, “Have a new hiring rec? Can’t think of an exciting title? Have a friend or relative you want to hire but they have no skills? Generate their title right here!”
Some of our favorites:
If you have one of these job titles, please accept our apologies.
There are many saying that Apple’s (AAPL) stock price has been parabolic and it should be, here’s why.
The simple answer: Apple has been experiencing parabolic growth and its stock price is simply reflecting that.
The company has been firing on all cylinders and Wall Street has not been able to adjust their valuation metrics fast enough to properly price Apple’s business model. Then there are others that cannot even understand this so they call it parabolic.
Based on today’s price of $585 per share when you back out the cash of $110 per share, the PE is only 11.7. The S&P has a PE of 17. Proctor & Gamble (PG) has a PE of 20, almost double that of Apple’s. Proctor & Gamble had earning growth of 8% last quarter and Apple had 94% earnings growth.
Hence, if Apple traded at Proctor & Gamble’s PE of 20, it will be $820 per share. If it traded at its fiscal 2012 EPS of $48 (based on estimates) it will be $960 per share.
When Wall St figures out how to value Apple’s business model, Apple’s share price will soar swiftly in a blink of an eye, very much like it did from $400-600 in Q1 2012.
Image: Asymco
Amazon (AMZN) shares are surging on the news that it beat analysts expectations by 21 cents. Amazon reported net income of $130 million or $0.28 per share, the street was looking for $0.07 per share.
So how did Amazon do that? According to Amazon’s latest 10-K, $89 million of the $130 million in net income came from its investments in LivingSocial, which Amazon owns 31% of.
Amazon’s used an equity-method investment to juice us its net income. That is very scary because that means Amazon really only made $41 million on revenues of $13.2 billion.
According to Amazon’s latest 10-K, equity method investments included a 31% share of LivingSocial.
Equity-method investment income accounted for around $0.19. If that generated no income, then Amazon would’ve reported EPS of around $0.09, which is still ahead of the $0.07 that analysts were expecting.
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I am sitting in front of my Mac Pro, sipping my Apple martini, listening to Apple CEO Tim Cook detail the financial results of its blowout Q2 earnings for 2012.
Apple posted quarterly revenues of $39.2 billion and quarterly net profit of $11.6 billion, or $12.30 per diluted share. These results compare to revenue of $24.7 billion and net profit of $6.0 billion, or $6.40 per diluted share, in the year-ago quarter. Gross margin was 47.4 percent compared to 41.4 percent in the year-ago quarter. International sales accounted for 64 percent of the quarter’s revenue.
The Company sold 35.1 million iPhones in the quarter, representing 88 percent unit growth over the year-ago quarter. Apple sold 11.8 million iPads during the quarter, a 151 percent unit increase over the year-ago quarter. The Company sold 4 million Macs during the quarter, a 7 percent unit increase over the year-ago quarter. Apple sold 7.7 million iPods, a 15 percent unit decline from the year-ago quarter.
“We’re thrilled with sales of over 35 million iPhones and almost 12 million iPads in the March quarter,” said Tim Cook, Apple’s CEO. “The new iPad is off to a great start, and across the year you’re going to see a lot more of the kind of innovation that only Apple can deliver.”
“Our record March quarter results drove $14 billion in cash flow from operations,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the third fiscal quarter, we expect revenue of about $34 billion and diluted earnings per share of about $8.68.”
The late great Steve Jobs, used to frequent many local restaurants. One of them was Miyake. I don’t know when he last visited. I often visit the place for a quick delicious meal. It is not a fancy place and its very inexpensive. A meal for one cost $10 and with Japanse beer or wine. I would not recommend it for dates but I did take my wife there. My favorite on the menu, is the Apple sushi roll. It’s great. I would recommend Miyake to any Steve Jobs fans to see some of the places the great one was at.
Ben Reitzes at Barclays attributes the recent volatility in shares of Apple (AAPL) to signs of a new iPhone launch. He notes that Apple shares usually gain into new iPhone launch cycles. He charts how Apple shares have performed into each new iPhone ship date. On average, shares have gained 31% in the 6 months preceding the initial ship date of major iPhone releases. Since we believe that the iPhone 5 cycle will be particularly special – and will start in the September timeframe – it is not time to give up on Apple’s stock right now in our opinion. In fact, it seems the volatility represents a buying opportunity. He did not issue a price target but Goldman Sach raised its price target to $750 from $700 and Piper Jaffray has a price target of $910.
Google’s (GOOG), 2012 first-quarter earnings came in at $10.08 a share, topping analysts’ estimates of $9.64.
However, revenue came in slightly lower than expect at $8.14 billion.
Google also reported that it was splitting its stock 2 for 1. It stock was down negative 0.72% versus, compare that to the Nasdaq which was up 18.67%.
Google still gets most of its revenue from Internet search ads. Mobile search ads have become a bigger piece of Google’s business. Companies will probably commit 23 percent of their search-based ad spending to mobile devices by the end of this year, according to Marin Software, which helps manage about $3.5 billion annually in online ads. That’s up from 8.7 percent at the end of last year.
Users are clicking on these ads more aggressively, Marin Software found. It expects mobile devices to account for 25 percent of all user clicks on search ads by the end of this year, up from 12.3 percent at the end of 2011.
Including both mobile and desktop-computer searches, Google had 76 percent of spending on query-based marketing in the first quarter, according to Covario Inc., an online advertising company. Microsoft (MSFT) and Yahoo! (YHOO), which are Internet- search partners, had 13 percent during the period.
Google is playing catch-up in the social-networking, its Google+ service, is badly lagging Facebook. Google+ users spent an average of 3.3 minutes on the site during January, compared with more than 7 hours for Facebook.
There are probably a million reason why Facebook paid $1 billion for Instagram. Here are a few. If you read the SEC documents carefully you know that Facebook states clearly that it has 800 million accounts NOT users. Of those accounts only 148 million are active. Active, is described as logging into their accounts at least once every 30 days.
In contrast, Instagram has been downloaded 30 million times and it has an active user base of 10 million. Active meaning, that its app is accessed at least, once every 24 hours, and that is from the iPhone on iOS alone. Instagram is only now venturing into other platforms.
After Facebook’s IPO, investors will be looking for quarterly growth. We all know that Facebook is not growing regardless of what the company says. By growth, I mean growth in active users. That can only come from Instagram at this point.
The Facebook IPO, values the company at $100 billion. To put that in perspective, Apple’s iTunes makes more money and profit in a single quarter than Facebook does all year with its “800 million” users.
To maintain that $100 million valuation Facebook needs to show growth. That’s Instagram. Instagram, also fits Facebook perfectly like a glove, because its a photo sharing app, and at its core, Facebook is really a photo sharing site with social networking. What happens if Instagram adds social networking around photos?
So Facebook is buying Instagram for two main reasons, growth and to prevent Instagram from becoming a social networking site around photos.
Further, Facebook is weak in mobile. Its mobile efforts have gone nowhere. Mobile will eventually become the center piece of social commerce. That is where Facebook wants to go. Instagram, knows every detail about your photos, where you took them, when you took them and eventually it can provide you interesting data around commerce based on that data. These are some of the BIG reasons why Facebook paid $1 billion for Instagram.
SONY, the consumer electronics and entertainment giant announced that it it laying off 10,000 workers, in an effort to concentrate resources on core business and bring the company back to black.
SONY has seen sales of its laptops, cameras and televisions suffer to the likes of Apple and Samsung.
No one buys stand alone cameras, today unless you are a professional photographer. For the average users the iPhone and iPads have fabulous cameras. In fact, the iPhone has a 8MG camera and the iPad has a 5MG camera. That’s more that most users will ever need. In fact, that’s what professional photographers were using just a few years ago.
It is reported that SONY is losing about $110 on every television set it sells to competition from Samsung.
Regardless, no amount of layoffs are going to solve SONY’s problems. The company has to fundamentally change its product strategy to compete with Apple and Samsung.
