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what are your thoughts?
p/s If you are interested in forex, you can go to this website for forex guides and EUR/USD views.
www.TheGeekKnows.com
The articles are simple to read and understand.
I am not a pesimistic person, but at least on my country, the economic recesion is far away from see the light...
Hard times correspond to working harder!
the economy is getting worse and worse every day in every country i think we should go to space and make new countries now
I'm proof that the economy is in the dumps.
At home enjoying time with my little ones...
HotJobbing, Craiglistin', Careerbuilding, Indeeding, sleeping...
Aaaahhhh....this is the life...
2 months and counting...
No rush.
Simply stated, the economy is getting worse.
Creditors are becoming more stringent as are people with expendable capital.
We're in for the long haul.
Worse. Read up.
Oh look!!! I'm ranting!!!
leobox1 said:
what are your thoughts?
Click to expand...
Click to collapse
Sorry...but what do you mean by "One year on?" This situation we're all in has been brewing since 2006...it's just the lame terminology of what a recession is (a widespread decline in the GDP and employment and trade lasting from six months to a year). I worked with the building trade (provided tools and equipment) and we could see the slow decline in building around the last quarter in 2006. This was a sign that there was something going on...and of course the 5 year mark on ARM loans for homes was just a nail in the economic coffin. People being given homes that banks knew they could not afford--lying--err..."Underwriting" assets to inflate a person's assets so they could get a bigger loan. So...here we are with
-people living in apartments,
-working hard to get a condo or a townhouse for $120K in 2000,
-smiling in 2002 at the inflated equity their $425K home currently has,
-Using said equity to purchase a $700K house at ARM and paying only $2K a month
-Realizing that the 5 years is up and that their loan has now skyrocketed to $5K a month
-Not being able to afford such a payment, $300K in equity down the drain...
-back in an apartment.
Very sad, but I'm sure you know of at least on of these situations...
For those that are having trouble paying their home (at no fault of their own) such as loss of income, disability, hardship...Google up HAM loan modification...
might help...
leobox1 said:
what are your thoughts?
Click to expand...
Click to collapse
Unfortunately, the picture is not as rosey as the government & wallstreet want U to beleave. We have a long way to go for paying down the deposite and creating good jobs!
I am a pesimistic person
but I say it may have gotten a bit better
but the damage don with companys going under
and people being fired have not peeked yet nor is it likely
to this year
In India, i think we have not even seen as such as being seen by Americans.
Lots of Indian shifting back to India from America. But nonetheless we have seen some decline in sales and jobs markets, but not as much as in abroad.
guess on the ground, things are still tough..
then its scary to see the markets value going up these days again as it may
be a bubble again...
when you hit rock bottom there is only up to go
think it got some raising to do before it could be a bubble
because now most is worth more then you can get for it
Still stuck in the rut no job not prospects no future "yeah i'm making a joke" but infact i have seen no change in the current climate with work being the bigest was made redundant and the field i work in is a bismal "in my location" and has been since the day i had to leave........
Fix Up........... Look Sharpe........
Things can only get better
+1!!
That´s the positive thinking!!
Cheers for that!
oil is now at $70+
way above the low of $30+
Unemployment index is still very high, and many companies are still a bit hesitant about hiring. However, Dow Jones is moving up (though it might just be a slight bit of higher confidence), the housing market is slowly recovering (though bad mortgages are still being collected, and "big banks" are still writing them off), hiring is looking somewhat positive for the first time in a while and consumer confidence is starting to pick up again (retail is looking good again, meaning people are spending more).
Nobody's really sure whether this is the light at the end of the tunnel, but it might be a little break from the storm.
I think many factors are behind the share rally. The cash for clunkers program is one. The Chinese government's forcing its bank to lend is another. Then, there is also the issue of financial institution given the leeway to value the toxic assets as anyting they want once again which mask the problems. Add to that the massive money printing by the US government, and some of those money are now propping up the US share market.
Bank CEO's are doing anything in their power (including cooking their books) to justify paying themselves obscene bonuses once again.
When the Chinese government forced the State controlled banks to lend, there is no actual demand by businesses or individuals to borrow it. After all the export market is shrinking rapidly. But since the order from the top must be followed, the banks have to bribe the borrowers to accept the loan. These loans ended up in risky properties, shares, and commodity futures bets and gambles. We already see how the Shanghai A share plunged 20% within a few days recently when the Chinese goverment announced that it is "finetuning" its lending policy. The Chinese has yet to learn to spell bubbles but I think it is definitely forming and that will in turn send a shockwave throughout the world.
Unemployment is still worsening, not geting better. The loan defaults in US is now a more serious problem in the primed mortgage area, even surpassing that in the subprime mortage area. The banks are once again packaging extremely risky assets and try to market them to unsuspecting investors all over again.
According to some reports, the insiders are throwing out their own share at the ratio of 8:1 (for every share they buy, they're selling 8), while the fools are being sucked in once again.
Unfortunately, retail investors will never learn. Memory is short. The reason is we're all driven by greed. Many are investing purely with a herd's mentality. Once again, they're not happy with a small trading profit and try to hold it longer for larger gain. Once again, they may find out that when the market head for the exit again, they can't sell it fast enough as the big guys who have everything computerised.
There is so much spin going around in the market, with so many experts telling us that the economy has recovered. They won't tell you about 77 (edit: Just read from Bloomberg that it is now 84 in the year 2009) US banks have already collapsed this year. According to a very famous analyst, hundreds more are heading that way. They manipulate the unemployment figures to make it look less worst than it actually is. They are trying to encourage private investor to buy up those lousy banks with worthless assets.
I think the world is now characterised by the Chinese doing all the hardwork for the West to enjoy, and their money are still with the west in the form of investments that they are stuck with. This was the great imbalance that, unless corrected, will continue to worsen the problem of the world. This imbalance is unsustainable.
The "stimulus" is no stimulus that resume the heatbeat when removed. It is more like a crutch, which remove, the patient collapses once again.
The world needs reform. The imbalance needs to be addressed. The Chinese/Japanese/Indian must start consuming more and save less. The West must start consuming less and save more. There is also progressively more imbalance in the world in terms of pay. Just look at what the greedy CEOs are getting compared to the ordinary workers. As a result, the purchasing power of the masses, hence consumption power in the economy, will suffer.
Just my 2 cents.
newsuser, nice read
S&P500 is now above 1000
I think economy will recover at least a little bit in the next year. Of course recovering from what happened is hard and takes several years but I am quite positive that it will go up again, at least because everyone tightened their belts a little bit. I think that was kind of an important lesson learned for our society. Not everything works out the way we want forever.
s&p500 is now around 1060 .. rather fast do u folks think?
what's up guys.
long time member, but i dont post much... i use the search button ALOT!
but i did have a question about an employment oppurtunity....
i have two sales rep positions i got offered and i dont know which one to go with, being with ATT and Verizon.
i try to do extensive research before i make a major decision b/c i'm just coming out of college and want to embed myself within a company and grow as high as possible...
my situation: just graduated college, and attending school in Dallas to work on my masters in Finance.
i've made a bit of a list, but still torn between the two.
ATT: part time (30 hours) at 12.75 plus commision... they said i get a phone, business cards, and tons of discounts. They offer tuition reimbursement, but i'm not sure how much... also, the company headquarters are located IN the city i'm going to school in. the store is full of OLDER people, so i know i could do well in sales being the new young guy...
plus, there's just a different vibe in that store when i go in... its in a VERY affluent part of town (frisco and plano)
i talked to a sales associate that was part time and he said he raked in $45K last year... so i think i would be able to live off that! i do not know the structure of the commision, though, so i dont know how possible that is.
Verizon: full time... havent discussed my hourly , perks, or extras (if yall have any info on that, please let me know). They offer tuition reimbursement as well, but its for MAX 8K...
looks like the store is full of younger guys, but still older than me. its in a nice part of town as well. (flowermound, lewisville area).
i'm very torn on which one to go with. can someone please provide some insight into being a retail associate for either or both of these companies. it would be greatly appreciated.
I don't know about retail associate but i work for att as an outside plant maintenance splicer here in California and its a very good job! One of the best paying jobs in my area. And att was the second most profitable company in the USA last year behind Exxon oil. Unfortunately right now we are working without a contract as we are CWA union but so is Verizon. But i think att mobility has a different contract. Anyways just thought id give you my experience!
Sent from my GT-N7000 using xda premium
Based on money, I would probably choose ATT because you said the store is full of older people and you said you get commission. A lot of times older people are easier to convince then your younger crowd, and older people are more willing to listen to a representative.
Based on happiness, I would also choose ATT because it seems like ATT is more interested in offering you the job since they have already discussed money, perks, etc, and they will be more interested in you. (That's a good thing)
Also, the Frisco/Plano area is a better place to live as it has better malls, nicer houses, better restaurants, etc.
.
Thread moved. Would advise you to read forum rules and post in correct section.
Failure to comply with forum rules will result in an infraction and/or ban depending on severity of rule break.
@Ali: that's what I've been thinking... the area is pretty nice and I think the money would flow. Being full time at Verizon would be pretty sweet. I'm not sure if I would make paper like that though.
Have you ever visited the Dallas area? Plano/Frisco is that much nicer than flowermound?
@eroracing: that's great. The thing I'm looking for most is a place to grow... I think I'm talented enough, plus I'll have the educational aspect, to make moves up the ladder.
You'll definitely get a better selection of phones from AT&T. As to work atmosphere, I feel like AT&T stores are a lot lower pressure when I go in than VZ, but VZ tends to have more customers the majority of the time. With all the switchups going on with service right now I have no idea what the future will look like, though.
to be honest, its not just about the phones...
however, the appeal of even a GSM phone would be very enticing...
Don't sell your soul to AT&T.
^^^
what makes you say that? i have to sell my soul to either att or verizon!
Verizon VS AT&T
It's been a while... Who did you actually choose? I have two opportunities for part-time with Verizon and full-time with AT&T. Just got done with my third interview for each one of them. I like AT&T better.. just the atmosphere of the stores for being a sales rep. I went to both during busy hrs and Verizon was kind of... idk careless with their customers. However, Verizon does have much better benefits but theyre not a union. I know AT&T is still amazing pay, but verizon is by far better. But i don't get the happy vibe from them as I do from AT&T... and I am looking for a long time position while I continue my education, At this point I think its either for the money/benefits or for the happy job. Also AT&T doesnt give you full benefits until after 6 months of employment, Verizon starts you from day 1. My boyfriend says I can always work my way up and if I don't like the customer service they provide at the store I can try and change that.
So i guess I answered my question. But also the co-manager that interviewed me for AT&T, he's been in the company for 2 months and just switched from Verizon after being manager for them for over 4 years. & so is their #1 Northern California sales rep. He said something within the lines of not getting enough recognition. If I get the offers I want to make sure I make the right choice. Can you please let me know which one you ended up picking, that'd be very very helpful ... thank you
***EDIT:
Turned out most of the folks who responded to this thread were trolls who didn't read the OP anyways, so I've deleted it. If you want to see the original message, it was quoted many, many times (bummer I didn't add any photos). Since my entire point was to try to calm nerves and direct anger away from XDA, I'm deleting my OP. As of now, I'm giving this thread to the trolls. Enjoy.
Ineffective
Relatively good idea but ineffective. Reason? Google don't/won't give a damn anyway. They simply don't care and buying from another store won't make the slightest bit of difference.
What will make a difference is: Noise. And lots of it.
The only thing I think will work is if everyone who is irritated by the fact that their pre-orders are going to arrive AFTER retail stores stock and sell this device starts getting VERY noisy about it on Google+, facebook, anywhere where there is a community. Google+ would be ideal - there's already noise on there about this farce.
So it is ridiculous that a company can so blatantly alienate it's pre-order (and therefore most likely loyal and fervent) customers who would most likely evangelise about Google, it's services and products. It's the very definition of dumb and the sad truth is that they genuinely don't give a damn. They don't care at all.
I'm very tempted to simply cancel my order because if they don't care enough to organise things so that pre-order customers get their orders first then thank you very much but see you later. It's not a premium tablet and yet, I very much have a case of sour grapes going on here as I'm sure others here can relate too. It doesn't bode well for the ego in me to see that some others have ordered on other websites AND had their devices DELIVERED before Google themselves can even get their ass into gear and organise delivery for their loyal pre-order customer. I have to say - pre-ordering this product at such an early stage is/was genuinely an act of faith in that lots of us who did so didn't have all that much info to go on as to whether this product was any good. It seems that Google, like virtually EVERY other company out there simply doesn't believe or operate with the belief that treating customers well is good business sense - and why should they. They get by just fine without our tablet purchases from them thank you very much. I've invested a lot of time in Google's products and services. I'm a self-confessed, labelled "geek" and believe me - this has me pissed off enough to move to other services, and as the elder-geek in my circle of friends and family, I'd take them with me slowly but surely. Sour grapes indeed.
So: A: Google simply don't care
B: Make some noise!
alsheron said:
Relatively good idea but ineffective. Reason? Google don't/won't give a damn anyway. They simply don't care and buying from another store won't make the slightest bit of difference.
What will make a difference is: Noise. And lots of it.
The only thing I think will work is if everyone who is irritated by the fact that their pre-orders are going to arrive AFTER retail stores stock and sell this device starts getting VERY noisy about it on Google+, facebook, anywhere where there is a community. Google+ would be ideal - there's already noise on there about this farce.
So it is ridiculous that a company can so blatantly alienate it's pre-order (and therefore most likely loyal and fervent) customers who would most likely evangelise about Google, it's services and products. It's the very definition of dumb and the sad truth is that they genuinely don't give a damn. They don't care at all.
I'm very tempted to simply cancel my order because if they don't care enough to organise things so that pre-order customers get their orders first then thank you very much but see you later. It's not a premium tablet and yet, I very much have a case of sour grapes going on here as I'm sure others here can relate too. It doesn't bode well for the ego in me to see that some others have ordered on other websites AND had their devices DELIVERED before Google themselves can even get their ass into gear and organise delivery for their loyal pre-order customer. I have to say - pre-ordering this product at such an early stage is/was genuinely an act of faith in that lots of us who did so didn't have all that much info to go on as to whether this product was any good. It seems that Google, like virtually EVERY other company out there simply doesn't believe or operate with the belief that treating customers well is good business sense - and why should they. They get by just fine without our tablet purchases from them thank you very much. I've invested a lot of time in Google's products and services. I'm a self-confessed, labelled "geek" and believe me - this has me pissed off enough to move to other services, and as the elder-geek in my circle of friends and family, I'd take them with me slowly but surely. Sour grapes indeed.
So: A: Google simply don't care
B: Make some noise!
Click to expand...
Click to collapse
Might I suggest reading the whole message before you start typing a reply next time?
..
noble effort, but i really dont think even the slew of pissed off people on here would make a dent.
plus, those other app stores suck.
Don't get me wrong, I'm a bit pissed about the whole shipping thing... but this is the first time google had ever pissed me off and I'm a long timer user.
A few days isn't going to make that big of a difference.
Except that we do get the best warranty coverage since we bought from the Play Store. Google is going to handle our warranty stuff instead of Asus, they will ship a new one out before as soon as we say something is wrong. And pay the shipping for our broken tablet to be shipped to them.
And while this might be slightly annoying, Google is and awesome company that I use every single day.
If you want to really protest do the following:
Step 1: Switch to HotMail.
Step 2: Change your Search Engine to Bing or Yahoo.
Step 3: Sell your Android Smart Phone and Tablet to buy an iPhone, have a ton of fun loading your awesome custom Rom's onto it.
agreed, while i am mad stores have them first, let's all take a deep breathe and relax here. I got my shipping emal saturday morning so i will have my device on Tuesday, i am happy and it and looking forward to my tasty treat!
What fiasco? Google started shipping when they said they would.
Get over yourself.
http://www.youtube.com/watch?v=0b7mwTK564o&feature=player_detailpage#t=88s
I've decided to be positive and think that it's a blessing in disguise...perhaps the early adopters will sort out issues for us so that we don't have to....
My life for Aiur
The delay isn't what bothers me. What has annoyed me is their handling of cancelling the order. It hadn't even been shipped and they were refusing to give a refund or stop the shipment. Ridiculous.
slack04 said:
The most effective protests are the ones that require minimal effort. Occupy would have been effective if everyone who agreed with the ideology could afford to spend a few weeks camping in a park. The Tea Party would have been effective if everyone who agreed could afford... um... high school? You get my point.
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Click to collapse
That Tea Party line made me completely lol! Hilarious.
slack04 said:
Might I suggest reading the whole message before you start typing a reply next time?
Click to expand...
Click to collapse
Might I suggest a less condescending attitude. There is nothing in my message that indicates that I didn't read your initial post.
Morning! Still aint got ****. I preordered 7/2. Got charged on 7/13 though.
I think those "kids", yes i said it, have never dealt with a mass distribution like this on a grand scale. They're geeks, what do they really know about the production line. All it would've took for those geniuses to make a ****ing priority list and ship preorders first, then ship to retailers, instead of giving them stock and say, "hey, don't sell it yet". How hard is that?
Its simple yet so hard for one person to realize that over there? Im with the OP. Where's the loyalty???
Sent from my SGH-T959
I SO AGREE with what your saying in op post. except we here on xda is a minority compared to all the android tablet users . There are not really enough of us to make a stand with the whole no buy from market thing. Nor do i think its fair. Google is really setup to sell or distribute hardware.Asus has been a mess for the past years and getting worse. I have a asus netbook that has a issue with the camera. The repair facility is 4 miles from my house. I had to mail the thing to them using UPS. THEN WAIT for them to repair it mail it to there shipping facility in chicago. 5 hours away and then ship it to me.. TRUE STORY.
SO with that all said this is a Android tablet (Kinda a TOY) .we will all get thru this launch shipping mess .We will be happy before you know it.. Lets just hope that asus has not messed up the build quality we would expect from google.
Good luck alll
You must live on youtube... look around ...
mnotme said:
What fiasco? Google started shipping when they said they would.
Get over yourself.
... there are plenty of people who pre-ordered, and haven't heard "squat" about shipping or order completion.
Click to expand...
Click to collapse
I don't think it's fair to punish a mistake, as long as they acknowledge the mistake and apologize. I don't really believe in revenge. Google has been good as a company and doesn't warrant punishment in the form of boycotting the apps from their store in my opinion. It sucks though and really Hope that they straighten this out with an apology of some sort. Regardless, i don't think I'd preorder from Google again unless i have confidence that they'll learn from this fiasco.
My life for Aiur
Refuse shipment. Buy from someone who isn't Google or wait for the next hot thing. With all the screen issues and other QA issues, it's just waiting to receive your broken tablet and mail it back to them anyway. Refuse delivery, ship it back on their dime and buy it from a store where you can check the unit before you leave. Screw Google, screw their poor customer service and screw their Play Store.
I was tempted to cancel before but if you really wanted to stop your google from processing, refusing shipment, restocking fee, you can simply freeze ur cc or req a new card and new #. Why is that so difficult? U can also tell ur cc company its fraud, and they won't allow it to go through. BofA called me and I approved the charge.
Do it! Wake up
Sent from my SGH-T959
Also to be fair, it's not entirely Google's fault. If everyone did a told, this wouldn't have happened. There are more than one factor than Google messed up. And I'm not going to say "screw Google"when they brought us Android!
My life for Aiur
Can not for the life of me see how this phone is so cheap considering the specs and build quality. Anybody had any hands on experience with the phone find any flaws? If I get the money I'm almost definitely going to buy this. I just hope that the battery life and sound quality are decent as to me it just seems too cheap to be perfect. I also hate the snobbery from the iPhone users who have seen the price of this and think what a load of cheap garbage but I'd love for this to prove them wrong.
It's not that this phone is cheap, it's that unlocked phones are CRAZY overpriced.
There is no catch, Google wants to get consumers away from carrier control and push their Android ecosystem. Win/win for them.
sharpinator said:
Can not for the life of me see how this phone is so cheap considering the specs and build quality. Anybody had any hands on experience with the phone find any flaws? If I get the money I'm almost definitely going to buy this. I just hope that the battery life and sound quality are decent as to me it just seems too cheap to be perfect. I also hate the snobbery from the iPhone users who have seen the price of this and think what a load of cheap garbage but I'd love for this to prove them wrong.
Click to expand...
Click to collapse
Search Nexus 4 reviews on Google, I'm sure you bound to find many advantages and disadvantages. Biggest ones to concern me is the glass back breaks easily and that storage wise you only get 8GB or 16GB. Not having LTE isn't a problem since I'm with T-Mobile.
They are probably only barely breaking even on the costs; phones like the Galaxy S III and the iPhone 5 have a unit cost much lower than their retail cost. Gotta make money somehow. I'm not sure what Google's motivations are with setting these prices, but they're not making a profit from them.
DanielBeaver said:
I'm not sure what Google's motivations are with setting these prices, but they're not making a profit from them.
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Click to collapse
Probably pushing stock android and android development. Google isn't looking to get a profit on the phone, but they are looking to get a profit on what you do with the phone (aka: search).
DanielBeaver said:
They are probably only barely breaking even on the costs; phones like the Galaxy S III and the iPhone 5 have a unit cost much lower than their retail cost. Gotta make money somehow. I'm not sure what Google's motivations are with setting these prices, but they're not making a profit from them.
Click to expand...
Click to collapse
That's very interesting Daniel. It kind of sounds like how Sony sold the ps3 at a much lower price than it should be sold. They were losing money to push blu ray so maybe google are selling a really "affordable" High end phone to push android that one step further than iPhone.
Its Google flexing a little, its all about market share so break even is fine. Im aliitle concerned about when motorola takes the lead, though that could be a year or two away. no complaints if they want to give me a break. Im on t-Mobile too so no big deal LTE.
The catch is they know you will buy apps. + you may be tempted to get one for other peeps in your life as they are cheap and its xmas time. These peeps, will also buy apps.
/shrug
GoreTan said:
Search Nexus 4 reviews on Google, I'm sure you bound to find many advantages and disadvantages. Biggest ones to concern me is the glass back breaks easily and that storage wise you only get 8GB or 16GB. Not having LTE isn't a problem since I'm with T-Mobile.
Click to expand...
Click to collapse
I suppose the glass breaking could be an issue but then again I treat my phones like the crown jewels so I doubt that would be a huge problem for me. Also being in the UK on three I get decent HSPA speeds so the lack of LTE or 4G is absolutely irrelevant to me and most of the UK. The faster phones processors are getting the faster web browsing is with 3g anyway so I'm not fussed for 4g at the moment.
Right, they want Android everywhere and this is how Android wins eventually..not to mention it costs them squat per phone to build..
Sent from my Nexus 7 using xda app-developers app
So it's a marketing ploy to really push android. I'm fine with that As long as they weren't sacrificing any quality with the phone. This is surely exciting. I hope I can get one as soon as possible. I'm a huge phone geek (well that's obvious being on XDA as we all are) and I've never seen anyone with a Nexus device in the UK so I think it will be great If people in the UK will start getting them. I've always been with sense so vanilla will be a completely new experience.
I came here immediately looking for posts that said that no LTE is the catch, didn't see any to my surprise
espionage724 said:
I came here immediately looking for posts that said that no LTE is the catch, didn't see any to my surprise
Click to expand...
Click to collapse
haha I'm so glad no one has said it. It barely matters to anyone outside of the US!
As great as this price is to get Android out into the world more, I just have a feeling that since the phone is only being sold on the play store for the (majority of people to buy) I am concerned that if they dont go all out on commercials (which they should of started with already IMO) then I have a feeling that they wont get many new people buying the phone.
sharpinator said:
Can not for the life of me see how this phone is so cheap considering the specs and build quality. Anybody had any hands on experience with the phone find any flaws? If I get the money I'm almost definitely going to buy this. I just hope that the battery life and sound quality are decent as to me it just seems too cheap to be perfect. I also hate the snobbery from the iPhone users who have seen the price of this and think what a load of cheap garbage but I'd love for this to prove them wrong.
Click to expand...
Click to collapse
Not sure there's a catch. I don't like the glass back. Seems like they're copying Apple. I also don't ;like how you can't remove the battery. They wear out after a while.
I hope hope hope that they improved the camera. When the Galaxy Nexus was released, it was promised that it took pictures instantly. This was an improvement from my older Androids which used to take 2-5 seconds to focus and snap a pic. However, the camera on the Galaxy Nexus was weak as hell. Grainy and blurry in low light and only 5 MP..
Most likely, Google is making a limited profit with this device because they just want to get it out there.
tweaked said:
The catch is they know you will buy apps. + you may be tempted to get one for other peeps in your life as they are cheap and its xmas time. These peeps, will also buy apps.
/shrug
Click to expand...
Click to collapse
That's what I'm thinking. I'm sure the bulk of their profit from Android is based on the play store. Lower the cost of phones, get them in to the hands of more people, and in turn the people buy more apps from the play store. There's their profit:thumbup:
Sent from my A100 using xda app-developers app
Cost for making an iPhone 5 is $389.XX. Read it in the Time magazine. This may answer the question.
Its not marketing.. its just how they do money. Google is the second most profitable company in the world. And now of that was accomplished by selling hardware. Selling hardware at cost that boosts their income method is the best way to stay in "what they best". Plus it has some perks like happy customers, injected competition and market confidence.
On the other side of the medal, you have apple, the most profitable company in the world, that makes their money on high margin.
Both ways are legit ways to make money, but me, personally I prefer the half priced one
No, catch. Like what others have posted Google wants people using their ecosystem.
I think its great they are pricing it at cost probably, I'm sure there is profit but very little. I'm tiredof carriers and manufacturers raping customers with their crazy markups.
I've never had my phone battery go bad on me. The battery is easily accessible via 2 screws on bottom of phone, no biggie.
LTE is not really a deal breaker for me, I'm in las Vegas and get 14mbps on T-mobiles faux G.
Sent from my Nexus 7 using Tapatalk 2
I mean, I am not iFan or anything, but all around the world where Nexus 4 was available for purchase was sold out in a blink of an eye.
Is this successful for Google or bad? What do you guys think.
Sent from my GT-N7100 using xda premium
No they just have less units available at launch
Sent from my Nexus 4
Can't say but I doubt it. I'm pretty sure that Google just had WAAAYYYYYY less stock than the iPhone 5! Just a marketing stunt imo
3 of my friends and 2 cousins who have been up since last night sitting infront of their computer, couldn't get theirs. I'm sure there are many more like that out there right now. After Nexus 7, imo Google should have been prepared, maybe should have gone with a solo US launch first and cover the rest of the world after 2 weeks or so. Works for Samsung every single time.
EvoYas said:
3 of my friends and 2 cousins who have been up since last night sitting infront of their computer, couldn't get theirs. I'm sure there are many more like that out there right now. After Nexus 7, imo Google should have been prepared, maybe should have gone with a solo US launch first and cover the rest of the world after 2 weeks or so. Works for Samsung every single time.
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Being in France I think I'd have to say why don't they cover the "rest of the world" first and leave America to last?.... :silly:
hopefully this was just to test the waters to make sure there is a demand before they make more since they are selling these at a loss. hopefully they restore stock before the holidays.
lol, nothing against any other country, just be easier on everyone to not have a bad experience this way. But I must say, this is by far the most popular Nexus Cellphone, LG and Google got this one for sure. I'm happy thou, because it will only get better from here.
DR-Dizzy said:
Can't say but I doubt it. I'm pretty sure that Google just had WAAAYYYYYY less stock than the iPhone 5! Just a marketing stunt imo
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Yep, smells somewhat like a PR-stunt to me. No offense to Google, but such a big company (that makes its money througn market analytics and advertising), not prepared for this huge demand after the success of the N7 and the low-pricing-policy? Hard to think of...
This is all speculation, but they could be after the exact headline of this thread coming to major newspapers tomorrow, certainly not a bad thing in terms of PR.
I personally think, that they made a low amount of devices available at the launch hoping for a sell-out like it has only happened with Apple products. Main stash of devices will be available soon, there has to be some over-stock before the holidays, they won't loose all the possible sales at this time of the year where customers tend to spend the most money on electronic devices.
But as I said, all speculations, no offense. I could be wrong
flx-grafix said:
Yep, smells somewhat like a PR-stunt to me. No offense to Google, but such a big company (that makes its money througn market analytics and advertising), not prepared for this huge demand after the success of the N7 and the low-pricing-policy? Hard to think of...
This is all speculation, but they could be after the exact headline of this thread coming to major newspapers tomorrow, certainly not a bad thing in terms of PR.
I personally think, that they made a low amount of devices available at the launch hoping for a sell-out like it has only happened with Apple products. Main stash of devices will be available soon, there has to be some over-stock before the holidays, they won't loose all the possible sales at this time of the year where customers tend to spend the most money on electronic devices.
But as I said, all speculations, no offense. I could be wrong
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Speculation but the only reasonable logic. Given how slow and how many errors there were, Google is not ready to sell iPhone numbers. I do not believe that much stock was emptied. In either case, hopefully they provide some numbers for us. If they don't, well then I think we can just assume the PR stunt.
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Lets wait and watch, I would love to read about this launch and see what everyone is thinking about this. Can't call this a satisfying launch at all but a successful launch from Google's point of view I would say.
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Yeah it seems to be a ****ty marketing stunt, might of had a negative impact actually because they've pissed a lot of people off
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Sp does nokia claim for their latest lumia lol but they only put on sale some thousands and not some millions so depends on the stock quantity
flx-grafix said:
Yep, smells somewhat like a PR-stunt to me. No offense to Google, but such a big company (that makes its money througn market analytics and advertising), not prepared for this huge demand after the success of the N7 and the low-pricing-policy? Hard to think of...
This is all speculation, but they could be after the exact headline of this thread coming to major newspapers tomorrow, certainly not a bad thing in terms of PR.
I personally think, that they made a low amount of devices available at the launch hoping for a sell-out like it has only happened with Apple products. Main stash of devices will be available soon, there has to be some over-stock before the holidays, they won't loose all the possible sales at this time of the year where customers tend to spend the most money on electronic devices.
But as I said, all speculations, no offense. I could be wrong
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Click to collapse
i guess they did it on reason, everytime apple releases iphone they make huge buzz around the world sold out sold out huge line outside of the store.. AS GOOGLE CANT HAVE HUGE LINE OUTSIDA STORE THEY TRICKED US WITH LESS STOCK AND MAKING SOLD OUT BUZZ. SHUT UP GOOGLE U MORON U LEFT LOADS OF UNHAPPY LOYAL SLEEPLESS CUSTOMERS WHO WERE EAGERLY WAITING ON THE DEVICE.
i doubt they had 500 devices for uk market
stinky73 said:
Being in France I think I'd have to say why don't they cover the "rest of the world" first and leave America to last?.... :silly:
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lol, they effectively did, started in Australia and worked westward to the US.
I find it believable, since they are not pulling off the same sold out stunt with the Nexus 10. It is probably due to the price. All they have to get out there is superior to the GS3 and for $349 unlocked with no contract and whoever that needs a new phone would be crazy not to buy it.
That said, there are not enough geeks to sustain these numbers like the iphone 5 can sustain the numbers. However, 2 million or more geeks all ordering at 9am pst is definitely plausible. But once that 2 million gets theirs then we will see how much staying power the Nexus 4 generates.
This is without a doubt a marketing technique. Watch all the tech articles tomorrow "Google sells out Nexus 4 in .03 microseconds!"
And you'll get ignorant posters with comments like "OMGWTFBBQ Apple took 2 days to sell out! I love Google tehe LMAO OMFG"
even if Google only had 3 phones to sell, and Apple had 3 million
marketing stunt
Exactly, totally a marketing stunt. They want the headlines that the Nexus 4 sold out, that its a hot commodity. That will create more interest, higher demand, and magically in a few days a whole butt-load of units will show up in the play store. It'll be interesting to see if they actually release number of units sold today.
They sold out because they only had like 10 devices available in each region, except the US, where they had like 15 units available...
Yes, I'm bitter.
I'm actually more curious the volume of sales for the first day of release, and if Google will release those numbers.
I gt one for myself!! But ya google sucked!! I feel sorry for you all!! They must have stocked arnd one lakh/0.1 million units in each country!! Thats really bad!! Apple had really done a good job