Central bank digital currencies
13 January 2021
Erasmus and Turing
11 January 2021
Brexit and Marxism
3 January 2021
What to do about the Covid financial system bailouts?
22 December 2020
The crypto-technical response to the Covid-19 bailouts
13 December 2020
The libertarian response to the Covid-19 financial turmoil
9 December 2020
The socialist response to the Covid-19 financial turmoil
4 December 2020
On the response of the financial authorities to Covid-19
2 December 2020
The Covid-19 bailouts and the future of the capitalist banking system
26 November 2020
Which programming language is best for economic research: Julia, Matlab, Python or R?
20 August 2020
ARM on AWS for R
15 June 2020
Low vol strategies
8 May 2020
Of Julia and R
8 May 2020
How to manipulate risk forecasts 101
30 April 2020
The five principles of correct riskometer use
27 April 2020
The problem with Backtesting
25 April 2020
The magic of riskometers
24 April 2020
Risk and scientific socialism
23 April 2020
Financial crises and epidemics
19 April 2020
Hayek and Corona
17 April 2020
Hayek et Corona
17 April 2020
Ignoring the Corona analysis
15 April 2020
The coronavirus crisis is no 2008
26 March 2020
Artificial intelligence as a central banker
6 March 2020
Systemic consequences of outsourcing to the cloud
2 December 2019
The dissonance of the short and long term
12 August 2019
Central banks and reputation risk
6 August 2019
The Brexit culture war
5 May 2019
All about BoB — The Bank of England Bot
29 April 2019
My tiny, tiny contribution to Apple's fall in profits
6 January 2019
The 2018 market in a 250 year context
1 January 2019
Short and long-term risk
3 December 2018
Perceived and actual risk
2 December 2018
Cryptocurrencies: Financial stability and fairness
9 November 2018
The October 2018 stock market in a historical context
1 November 2018
The hierarchy of financial policies
12 September 2018
Which numerical computing language is best: Julia, MATLAB, Python or R?
9 July 2018
26 June 2018
What are risk models good for?
3 June 2018
The McNamara fallacy in financial policymaking
1 June 2018
VIX, CISS and all the political uncertainty
20 May 2018
Here be dragons
30 March 2018
Low risk as a predictor of financial crises
26 March 2018
Cryptocurrencies don't make sense
13 February 2018
Yesterday's mini crash in a historical context
6 February 2018
Artificial intelligence and the stability of markets
15 November 2017
European bank-sovereign doom loop
30 September 2017
Do the new financial regulations favour the largest banks?
27 September 2017
The ECB Systemic Risk Indicator
24 September 2017
Finance is not engineering
22 September 2017
University of Iceland seminar
14 June 2017
Brexit and systemic risk
31 May 2017
Should macroprudential policy target real estate prices?
12 May 2017
Learning from history at LQG
13 April 2017
Is Julia ready for prime time?
12 March 2017
With capital controls gone, Iceland must prioritise investing abroad
12 March 2017
Competing Brexit visions
25 February 2017
Systemic consequences of Brexit
23 February 2017
Why macropru can end up being procyclical
15 December 2016
The fatal flaw in macropru: It ignores political risk
8 December 2016
Why it doesn't make sense to hold bonds
27 June 2016
On the financial market consequences of Brexit
24 June 2016
Cyber risk as systemic risk
10 June 2016
Big Banks' Risk Does Not Compute
24 May 2016
Interview on þjóðbraut on Hringbraut
21 May 2016
Farewell CoCos
26 April 2016
Will Brexit give us the 1950s or Hong Kong?
18 April 2016
Of Brexit and regulations
16 April 2016
IMF and Iceland
12 April 2016
Stability in Iceland
7 April 2016
Everybody right, everybody wrong: Plural rationalities in macroprudential regulation
18 March 2016
Of tail risk
12 March 2016
Models and regulations and the political leadership
26 February 2016
Why do we rely so much on models when we know they can't be trusted?
25 February 2016
Does a true model exist and does it matter?
25 February 2016
The point of central banks
25 January 2016
Volatility, financial crises and Minsky's hypothesis
2 October 2015
Impact of the recent market turmoil on risk measures
28 August 2015
Iceland, Greece and political hectoring
13 August 2015
A proposed research and policy agenda for systemic risk
7 August 2015
Are asset managers systemically important?
5 August 2015
Objective function of macro-prudential regulations
24 July 2015
Risky business: Finding the balance between financial stability and risk
24 July 2015
Regulators could be responsible for next financial crash
21 July 2015
How Iceland is falling behind. On Sprengisandur
12 July 2015
Greece on Sprengisandur
12 July 2015
Why Iceland can now remove capital controls
11 June 2015
Market moves that are supposed to happen every half-decade keep happening
14 May 2015
Capital controls
12 May 2015
What do ES and VaR say about the tails
25 April 2015
Why risk is hard to measure
25 April 2015
Post-Crisis banking regulation: Evolution of economic thinking as it happened on Vox
2 March 2015
The Danish FX event
24 February 2015
On the Swiss FX shock
24 February 2015
Europe's proposed capital markets union
23 February 2015
What the Swiss FX shock says about risk models
18 January 2015
Model risk: Risk measures when models may be wrong
8 June 2014
The new market-risk regulations
28 November 2013
Solvency II: Three principles to respect
21 October 2013
Political challenges of the macroprudential agenda
6 September 2013
Iceland's post-Crisis economy: A myth or a miracle?
21 May 2013
The capital controls in Cyprus and the Icelandic experience
28 March 2013
Towards a more procyclical financial system
6 March 2013
Europe's pre-Eurozone debt crisis: Faroe Islands in the 1990s
11 September 2012
Countercyclical regulation in Solvency II: Merits and flaws
23 June 2012
The Greek crisis: When political desire triumphs economic reality
2 March 2012
Iceland and the IMF: Why the capital controls are entirely wrong
14 November 2011
Iceland: Was the IMF programme successful?
27 October 2011
How not to resolve a banking crisis: Learning from Iceland's mistakes
26 October 2011
Capital, politics and bank weaknesses
27 June 2011
The appropriate use of risk models: Part II
17 June 2011
The appropriate use of risk models: Part I
16 June 2011
Lessons from the Icesave rejection
27 April 2011
A prudential regulatory issue at the heart of Solvency II
31 March 2011
Valuing insurers' liabilities during crises: What EU policymakers should not do
18 March 2011
Risk and crises: How the models failed and are failing
18 February 2011
The saga of Icesave: A new CEPR Policy Insight
26 January 2010
Iceland applies for EU membership, the outcome is uncertain
21 July 2009
Bonus incensed
25 May 2009
Not so fast! There's no reason to regulate everything
25 March 2009
Modelling financial turmoil through endogenous risk
11 March 2009
Financial regulation built on sand: The myth of the riskometer
1 March 2009
Government failures in Iceland: Entranced by banking
9 February 2009
How bad could the crisis get? Lessons from Iceland
12 November 2008
Regulation and financial models: Complexity kills
29 September 2008
Blame the models
8 May 2008

My tiny, tiny contribution to Apple's fall in profits

6 January 2019

Apple’s revenues are falling. A tiny, tiny part is thanks to me. Why? I used to buy a new Apple device every six months, but no more.

It all started at the turn-of-the-century when I used a Sony laptop. When its power supply failed, Sony told me the replacement would cost 10% of the price of the laptop and take three months to arrive from Japan. You see, every model had a different power supply and every time the specs changed, so did the parts. That made them expensive and not in supply.

Apple had one power supply for all laptops, and they never changed. Genius. I switched and bought a new mac every 9 months.

It got better. A few years later Apple came up with Magsafe:

Absolutely brilliant. Sadly, a couple of years ago Apple got rid of Magsafe. One day they tell us Magsafe is fantastic, the next that its not needed. One of their steps backward.

Things got worse, and Apple continued to remove useful things.

Take small laptops. I always got two laptops, one large to use at home and one small to use on the road, at the moment a Mac book Air 11’ that’s half a decade old. Its getting slow and I’d like to upgrade, so I went to the Apple Store to look at the latest version. Nooo, it got fat! Its much bigger than the one I have!

The only alternative is a Mac book which has the right size. But it has one port that is used both to charge and connect USB devices to. When charging, one cannot plug in another USB device. And I almost always got one plugged in. So, useless.

I am keeping my old 11’ Air.

And that takes me to my four year old 15’ MacBook Pro with a 1tb disk and 16gb RAM. Same as the 2019 version, and I need more of both. No improvement! Meanwhile, it lost Magsafe and all the old-style USB-A ports were replaced with the modern USB-C.

Apple didn’t explain why, but said it was a “brave decision.” More like stupid. In the last couple of months, I bought four expensive and state-of-the-art USB devices to use with my Macs. Each and every one had an old style USB-A.

I would therefore have to buy dongles for all of them, and then remove the dongles when them with computers that still only have USB-A, like almost all.

Another step back.

And then there is the Touch Bar. Most, almost all computers sold today, including most Macs, have function keys, F1, F2, and the like, at the top of the keyboard. Not the 2019 MacBook Pro. It has the Touch Bar. I can’t use it as I depend on the function keys for work, using them to switch between spaces. F1 to switch to space 1 for mail, F2 for space 2 for Firefox, etc. Very useful, but no more.

So I’m keeping my old MacBook Pro.

And finally the iPhone. A brilliant device and I’d love to buy the latest. But I’ll continue to use my iPhone 6 until it dies. Why? Two reasons.

The new ones no longer allow me to use my fingerprint to log in or use Apple Pay. Less convenient.

More important is the removal of the headphone plug. Not only can I not charge the phone and use my headphones, but I would also have to use a dongle to use my headphones with a new iPhone. Then, when using the same headphones with a laptop, remove the dongle, taking care not to lose it. Another step back.

So, because Apple stopped making better and better devices and started instead to remove useful features I stopped buying their iPhones and Macs. When the ones I’m using eventually fail, it will be a hard choice.

It would’ve been much better for my sanity and a tiny tiny bit better for their profits if Apple had just continued to do what it always did. Improve their products instead of making them worse.

© All rights reserved, Jon Danielsson, 2021