Chinese Internet Boom Story from Drudge

From Yahoo, via Drudge Report, China says has more people surfing the Web than US. (AP Business Writer)

“China’s booming Internet population has surpassed the United States to become the world’s biggest, with 253 million people online despite government controls on Web use, according to government data reported Friday.”

Aww, did the “China Internet Network Information Center” (CINNC) forget that, on average, the US browser has almost 13 times the purchasing-power-parity-adjusted gross domestic income per capita? Shame on serious new outlets for posting obvious public relations pieces. It’s not as if the credibility of Chinese government statistics has been called in to question before.

Does anyone have at least the 3 years of recent memory it would require to recall this story: China imposes online gaming curbs?

I’ve got an AP story for you…

Chinese Fluff Piece Trusted Unconditionally

Porsche Design Carrera 4 – Try Harder

The new Design Carrera 4’s rear lights attracted me on a recent visit to the Porsche USA website. I started the Web Special and browsed the gallery, eventually watching a video where the narrator described its merits, here’s the painful transcript:

“The rear end of 911 all wheel drive models is 44 mm wider. The rear track width, 14mm wider. The new rear [?] reflector trim visually connects the taillights and emphasizes the unique design feature of the wider body. Exclusive to the all wheel drive models are the titanium colored painted trim surround and slats of the side air intakes at the front. The trim on the underbody rear paneling and the side skirts are contrasted in black.”

So, Porsche, if I understand you correctly, its merits are a slight increase in rear width, connecting the taillights (the way you should have continued doing all along) and tiny, painted plastic bits? Mmmm…might want to work on the awkwardly worded, rushed-through-translation sales pitch. You had something special with the Cayman S Design Edition 1, don’t cheapen the value of limited production “design” models.

P.S. “unique design feature of the wider body”?!? How many German engineers labored tirelessly to bring us this recent breakthrough in teutonic engineering? I mean it’s not like the burgeoning market for Porsche body kits was an easy target. *cough cough*

Mac Mini No Longer On Display In Oak Brook Apple Store

I visited my local Apple store with a friend. He wanted the anti-glare film for his iPhone 3G and a car charger. I looked around for the Mac Mini, but didn’t see it. There has been some speculation on what Apple will do with their cheapest fully-featured computer. (See Mac Mini and other Apple products on MacRumor’s Buyer’s Guide) Some think Apple will merge the Apple TV and Mac Mini. Others mention it only in reference to the low cost of Psystar’s Mac clones. (Does anybody else remember UMAX?) Personally, I hope they update it so I can use it as a HTPC with a wireless keyboard. Since my primary (PC – custom built) desktop is in my bedroom, I desperately need a visual interface (ideally, Front Row) scaled for my Sharp Aquos for extended music playback – but I need it to be more robust than the Apple TV’s current iteration.

Life-Cycle Music Consumption Theory

• 13 – Radio, MTV
• 14 – Napster
• 15 – Kazaa Lite
• 16 – 192 kbps MP3
• 20 – bittorrent
• 22 – 320 kbps MP3
• 23 – Apple Lossless

…in short, I am now legitimately purchasing compact discs and ripping them to a music server in Apple Lossless format. I hope the music industry will continue producing CDs. I bought some CDs through Amazon Marketplace in the past, but now prefer Second Spin. Unless a recording is very rare, I’ll only pay between $5 and $10 for it.

Mobile Phone Hell

I have been part of my parent’s T-Mobile family plan since 2003. In February 2006, I sent my phone (a Motorola T721) to my mother, and purchased a Samsung SGH-D600 (on eBay, unlocked, with O2 firmware). Sadly, it’s beginning to show signs of aging and needs replacement. Meanwhile, my parents have upgraded their phones, extending our service contract(s) each time.

Today, I called T-Mobile (611) and spoke with a customer service representative about contract duration, termination fees, and pro-ration. He politely informed me of the following:

• Each phone line on a family plan is its own contract
• T-Mobile offers no pro-ration of termination fees
• The early termination fee is $200 per line

Only 1 out of 3 family plan lines has an expired contract. The customer service rep did his dutiful sales work and mentioned how steeply he could discount a T-Mobile PDA phone, after admitting that he personally wants an iPhone.

I would like to switch to AT&T because they offer the iPhone, and I can save 22% on their voice plans through my corporate rate. So this afternoon I went to the local AT&T store and asked them how they could accommodate someone with the following desires:

• 1 family plan
• 3 lines
• 1 iPhone
• 1 data package for iPhone
• Corporate discount on voice service
• 2 free or cheap voice-only phones (for parents)

Unfortunately, they won’t discount the monthly plan further and can’t buy out my contract or discount the iPhone. Our family plan has probably netted out to $110 a month since June of 2003. That’s about $7,000. From that, one can deduct the cost of 2-3 very cheap voice-only phones for my parents. Keep in mind I’ve been using my own (unsupported) phone, despite the fact that the service rate is not discounted. They did not subsidize the cost of my phone – I acquired it on the free market.

It concerns me that AT&T does not value our business at $400 (a nominal 5.7% profit margin). I would be willing to pay for the $199 iPhone myself. But I’m sure as hell not going to pay $600 ($400 in early termination fees and $199 for the iPhone).

Prime Candidate for Onion Story

TV One to offer extensive Obama coverage

Counter: CMT to offer extensive McCain coverage

“As our primary demographic is exclusively white and has already overwhelmingly embraced McCain, we plan to offer coverage of the Republican convention. While viewers can get coverage from any number of networks, we plan to cover the convention from a uniquely caucasian perspective. We are not required to meet the FCC equal-time standards that apply to broadcast channels.” – Charlie McGee on behalf of Country Music Television

Jon Stewart Killed the Daily Show

In a relatively short amount of time on Comedy Central this evening (July 8th, 2008):

• Jon’s guest, Ted Koppel (there to promote the Discovery Channel show – ‘The People’s Republic of Capitalism’), says that issuing government paper to China has devalued the USD.
• Unlike McCain, Jon Stewart facetiously asserts that he has never thought of extending tax cuts to help pay for our budget deficit.
• Jon uses “they drink our milkshake” (referencing There Will Be Blood) – implying that the benefits from issuing government paper are one sided.

The Daily Show isn’t so much a satirical news broadcast as it is a one-way liberal sounding board.  The show can claim to be an equal offender, but offense-taken is in no way equivalent to the quality and kind of reasoning that elicits laughter from young cynics.

Gee Pee Ess And Garmin Portfolio

Garmin product portfolio managers are idiots, half of the features are useless or gimmicks at best. There are almost 36 unique models available for cars! And if you’re looking for one specific feature, there’s no way to narrow the list down. (This kind of advanced search is a must, not only for etailers, but for manufacturers as well – ex: Samsung has a nice one for its TVs.)

Series numbers mean nothing regarding critical features. I don’t believe the “auto-sort multiple destinations” feature is available on any model below the 710. However, you have to move up to the 750 to get the “speaks street names” feature once you’re in the “7″ series (despite the fact that models in the 3 and 6 series have that feature). The auto-sort feature may be useful to you, if you want to type in several ‘waypoints’ and have it prioritize them by closest-first. Otherwise they almost all support the addition of up to 500 waypoints (addresses), but the order in which you add them determines their order in your commute.

In general I think the GPS market is obscenely overpriced and ought to plummet precipitously in cost as mobile phones costing less than GPS-only devices flood the market with mapping capabilities only limited by developer potential. As people have mentioned surrounding iPhone application development, ‘location data’ is now commodity information upon which new value can be built. Other entrants, like the Dash, promise the benefits that GPS should always have had. Essentially, it is a multi-spectrum GPS-aware device that produces and receives real-time traffic data – but requires a subscription and costs $400 $308. I’m not suggesting you buy it, I only mention it to support my belief that traditional GPS makers ought to be in a strategic nightmare.

Tiger Direct also sells GPS units and offers many refurbished.

Wireless And Apple Pricing Rant

AT&T announced today that the iPhone will be available without contract for an extra $400. Month-by-month customers won’t be granted the right to take their phone to another network, nor will the service plan be reduced in price. (See it in the Seattle PI)

At least one of the following must be true:

1. Customers that sign contracts are generally more lucrative
2. AT&T needs cash
3. Commitment is too cool for Apple fanboys

Who at T-Mobile thinks the Motorola RAZR2 is worth $199 after a contract-subsidy of $170? Seriously, who thinks I’m going to stick around and pay between $199 and $369 for anything other than an iPhone? Anyone other than AT&T really needs to rethink their handset pricing. That means you too Sprint! Why would I buy a Taiwanese touch phone from $299 to $549 (Mogul) when college students everywhere have made it clear that Apple’s “Designed by Apple in California” + OS X is worth so much? (A MacBook Pro 15″ is worth up to twice the cost of a PC with similar internals.)

On that note, where does Apple get the balls to charge only $140 less for a refurbished MacBook Pro than a new one? At my reduced, corporate whore pricing through Apple’s website, a new MacBook Pro 15″ 2.4GHz is $1,839, a refurb’ed unit is $1,699. With nVidia releasing new models yearly (albeit Apple’s uptake of these is more limited), and Intel replacing the front side bus (FSB) with QuickPath Interconnect, featuring an integrated memory controller (yes, like AMD) and reintroducing “simultaneously multi-threading” (AMD again), isn’t there a better deal to be had?

Furthermore, when the hell is the consumer PC market going to move towards EFI? Intel invented the damn specifications and BIOS has been around since forever.

Economics In The Movies

Popular films, such as Batman Begins, demonstrate misunderstanding about how the field of economics is defined. In that film, the lead member of the League of Shadows (a group responsible for toppling entire societies at their decadent pinnacles) claims to have invented economics to destroy Gotham. As Henri Ducard explains to Bruce Wayne,

“Over the ages our weapons have grown more sophisticated, with Gotham we tried a new one, economics.”

These continuing apprehensions have not changed much over more than half a century. To progress beyond equivocation, reading more of Human Action is critical. In the first two chapters, Mises attempts to broaden the field’s scope, calling the resulting discipline ‘praxeology’. (A term credited to Alfred Espinas.) It was not successfully socialized, and ambiguity surrounding whether economics as more than just the study of market prices remains.

The textbook definition of economics I learned was ‘the study of human choices made given unlimited wants and limited resources (scarcity)’. When asked to define economics in the Count of Monte Cristo (2002), Edmond responds, “Economics is a science that deals with the production, distribution, and consumption of commodities.” Mises wants to expand this definition, suggesting that,

“It is much more than merely a theory…of man’s striving for commodities and an improvement in his material well-being. It is the science of every kind of human action. Choosing determines all human decisions…No treatment of economic problems proper can avoid starting from acts of choice; economics becomes a part, although the hitherto best elaborated part, of a more universal science, praxeology.” (3)