Earlier quoted context omitted.
It's clear that the US is much stronger from the asset point of view. If one looks at real economy, however, China can basically produce almost anything they need, except oil and some advanced electronics (which they are catching up fast and might become self-sufficient within 10 years). The US can do the same in the medium term but it will take time to reestablish its manufacturing industry to cover all needs. Both…
I don't see how self-sufficiency matters (unless war). In a globalized economy you want to keep the high-margin business and offload low-margin business to someone else.
China smartphone market suffers hard-landing, shipments decline 21% in Q1 2018
181–187 of 187 posts
Re: China smartphone market suffers hard-landing, shipments decline 21% in Q1 2018
#182Almost any $200+ phone made since 2015 has a pretty good camera, screen, speed for most people. Why upgrade when what you have is good enough? One used to check out gizmodo/engadget when a new phone came out but seems not anymore as "the new" is only incremental.
Well said, I've rebuilt my nexus 5 (3 times) It was once driven over by a car and I swapped the innards. The motherboard died and I swapped that out. Then I replaced the battery. I've a backup nexus 5 and spare battery waiting. I want to get my money's worth. Upgrading every 2/3 yrs is nuts with how much these cost. I'm pushing for every 6 yrs unless a device truly revolutionary is released. No such device has been r…
I bought the replacement components before realising that I'd have to go 'through the back' to replace the screen - I'm assuming that's going to add on at least an hour to the task!
I'm only replacing the screen now as the digitizer suddenly stopped working the other week - I'd been 'happy' to tolerate its [again, heavily] cracked screen for a good 4 years already!
- ed
I'm back using an old Nokia soapbar phone in the meantime. If it weren't for the lousy camera and mp3 as well as a lack of practical email and the tedious text-inputting, I'm not really missing much else from my 'smart'phone.
Re: China smartphone market suffers hard-landing, shipments decline 21% in Q1 2018
#183Earlier quoted context omitted.
It really makes this "old" guy miss the days when Nokia et al would bring out all kinds of wacky attempts at phones. https://en.wikipedia.org/wiki/Nokia_3650 https://en.wikipedia.org/wiki/Siemens_SX1 These days they all seems to be some variant of a glass slab. Damn it, the most used apps are "variants" of SMS and MMS in HD...
It's rather remarkable how well the PalmPilot [1] proved the design for touchscreen devices to come. If only modern phone keyboards had any input methods approaching the quality of Graffiti. [1] https://en.m.wikipedia.org/wiki/PalmPilot
Re: China smartphone market suffers hard-landing, shipments decline 21% in Q1 2018
#184Earlier quoted context omitted.
Thing is the Apple Watch is viewed as a status symbol primarily, despite Apple's marketing and messaging stating its a health monitoring/heads up display type device. Many of the people who buy it have no idea that it'll catch some potentially imminently fatal health conditions: http://www.dailymail.co.uk/health/article-5683089/Apple-Watc... Its impressive how many people buy the Apple Watch without understanding wha…
Apple Watch Alerts New York Man of Health Crisis, Ends Up Saving His Life https://www.nbcnewyork.com/news/local/Smart-Watch-Saves-New-...
Re: China smartphone market suffers hard-landing, shipments decline 21% in Q1 2018
#185Earlier quoted context omitted.
Interestingly, the US' total private and public debt amounts to 3.5 times the GDP as well but few seem to have as much concern over its debt as they do China's. Also, the UK appears to have a similar level of private debt as the US, and only a bit less public debt. On public debt alone, China:UK:US is 66:85:107 percent of GDP, according to the IMF. So what is the reason for major concerns over one but not others? Dev…
1.) dollar is reserve currency. Yuan is not. Yuan is barely convertible 2.) US has large debt but way larger assets. 40% of the worlds wealth in fact 3.) US gdp to debt is only around 100%
“The yuan's officially in the IMF's basket of reserve currencies.
On Saturday, the Chinese currency was added to the IMF's special drawing rights (SDR) basket, joining the US dollar, the euro, the yen, and the British pound.
"The inclusion into the SDR is a milestone in the internationalization of the renminbi, and is an affirmation of the success of China's economic development and results of the reform and opening up of the financial sector," the People's Bank of China said in a statement, according to Reuters.”
http://uk.businessinsider.com/chinese-yuan-officially-joins-...
2.) China's national wealth is second only to the US. https://en.wikipedia.org/wiki/National_wealth
3.) Presumably you are referring to government debt to gdp? US = 105.4% https://tradingeconomics.com/united-states/government-debt-t... and China = 47.6% https://tradingeconomics.com/china/government-debt-to-gdp
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Everything point you made is invalid which means that you either misinformed or for some reason you want to deliberately misrepresent the economic landscape or you are a blinkered ideologue.
Re: China smartphone market suffers hard-landing, shipments decline 21% in Q1 2018
#186Earlier quoted context omitted.
Thing is the Apple Watch is viewed as a status symbol primarily, despite Apple's marketing and messaging stating its a health monitoring/heads up display type device. Many of the people who buy it have no idea that it'll catch some potentially imminently fatal health conditions: http://www.dailymail.co.uk/health/article-5683089/Apple-Watc... Its impressive how many people buy the Apple Watch without understanding wha…
I'd hardly call a 200 dollar watch a status symbol by any stretch of the imagination