Notices by Asymco (asymco@mastodon.social)

Norway's total car fleet most probably will be fully transitioned to electric by 2042. The duration of the conversion will have been 32 to 35 years. The incentive structures, which make up 2% of the Norwegian national budget, are not present in any other country.

Note that Putin may consider trading 6 million lives for Ukraine to be worth it. This is based on historical perspective. The trade in WWII was 25 million Russians. The maintenance of the Soviet Union cost 40 million Russian lives. For both of these trades the impact on Russia can be superficially seen as positive thus these calculations are considered reasonable. The negatives are buried in opportunity costs which are quite abstract.

@mattly In that case they can charge as much as they want, can’t they?

Clearly the CEO does not understand the job to be done for Whole Foods. The only reason to shop there is because you feel that you don’t pay enough for groceries. You hire Whole Foods to assuage your guilt.

iPhone counters will count iPhones. The question is: do iPhone counters count?

The AI industry spent $50 billion on chips from Nvidia to train AI in 2023 and brought in $3 billion in revenue.

Musk Social is priced at about $160 per MAU. Trump Social is priced at $13,000 per MAU.

Trump Social: revenue tumbled 39% year-over-year in the fourth quarter to just $751,500. Accountant questions going concern. Market cap still at 5.26b after today’s 24% drop.

Trump Social’s 494,000 US MAU compares with 75 million on Musk Social. Threads has about 5 million (data: Similarweb.)

In the US, some 300 banks are at risk of failure due to the commercial real estate problem. $2.7 trillion of bank assets in the aggregate. About 14% of all loans and 44% of office loans appear to be in a “negative equity”. Around one-third of all loans and the majority of office loans may encounter substantial cash flow problems and refinancing challenges. https://www.nber.org/papers/w31970

Taking the light blocking cushion off for Vision Pro improves field of view tremendously. Almost no edges.

Gemini is off to a strong start.

Between 2021 and 2022, oil use in conventional cars, excluding SUVs, remained roughly the same, but the oil consumption of SUVs globally increased by 500 000 barrels per day, accounting for one-third of the total growth in oil demand.

Spotify total monthly active users hit 602 million in the quarter — a 23% improvement. Premium subscribers at 224 million — a 15% year-over-year jump. Spotify expects subscriber count to increase to 239 million in the first quarter. Q4 net additions of 10 million contributed to record full year net additions of 31 million.

Apple Card has more than 12 million cardholders. Users earned more than $1 billion in Daily Cash from spending on Apple Card last year. Assuming average of 1.5% Daily Cash, spending is over $66.6 billion or $5.5k per user per year.

Apple reports 2.2 billion active devices. 200 million devices were added in 2023.

“‘I would say my experience was religious,’ the director James Cameron told me when I asked him about his first encounter with the Apple Vision Pro.”

The biggest phone companies in the world are
1) Apple
2) Samsung
3)
4)
5)

Can you name 3, 4 and 5

If Tesla means EVs in the U.S., in China, BYD does the same. Initially a maker of phone batteries, BYD released its first electric car in 2009. When asked about BYD in an interview two years later, Elon Musk flat-out laughed at the company, saying, “I don’t think they have a great product.” And yet in Q4 2023, BYD surpassed Tesla to become the biggest EV seller in the world. BYD has reportedly about 90,000 employees in just their R&D division, compared with Tesla’s 128,000 employees total.

61% of smartphone users in the United States use an iPhone, or 136 million users. (estimate).