At the risk of being guilty of hijacking a thread I already hijacked (is that even a thing?), totally agree on the autonomous driving roll out timeline.
Yeah, autonomous cars currently are pretty amazing, but when they fail, they fail spectacularly (see the case where a Tesla plowed into a semi crossing the road at full speed or plowed into an off ramp divider it didn't see at full speed). I get the argument that they don't have to be perfect to be "better" than human drivers but they do need to be substantially better than they currently are.
Nothing to do with iPhone. I always get that message whenever I don't take my phone (Android) with me. I think it's telling you that the truck is sending location/usage data thru its own modem. When a phone is connected, it sends data via the phone cellular connection.
Have never given this any thought because I've never seen any of the aforementioned 'messages'. Interesting to say the least.
Dear valued customers,I am pretty sure there are more than one thing driving the craze in the global corporate world toward subscription revenue, versus one and done product sales revenue, but for sure, at least today, companies get a higher valuation on their stock as their recurring revenue goes up.
Once I got retired, I started paying more attention to stocks and bonds and there is no doubt in my mind about this motivation to get services (i.e. monthly subscription revenues) growing.
A number of years ago Apple announced to their investors and Wall Street that they would be focusing on services revenue and deemphasizing hardware sales revenue, Wall Street just loved the idea. Apple went so far as to quit reporting hardware sales numbers in their quarterly reports (I was thinking no way will the institutional investors let them get away with that). Much to my surprise (and not surprising at all to Wall Street obviously), everyone loved the idea. So much so that Apple’s Price/Earnings ratio doubled in like 18 months. During that time (starting like maybe 3 years ago),profits grew like 10% and the stock price doubled.
Not an expert, so I am sure there are a lot of prior examples of this strategy working, but in Apple’s case during that time, they became the most valuable company in the world (based on market capitalization).
So now, every company that makes products is mad for becoming a “services” or subscription model company.
I have read some other ideas like the insurability of autonomous driving cars that likely is motivating the motor companies in this direction, but whatever the other reasons, higher stock price seems to be the big one.
Sorry for the TMI.
Agree about how many companies are pursuing subscription based revenue - but I'm skeptical how this will go over with non luxury auto owners, mercedes, bmw, lexus owners are different ilk from us less affluent slobs who drive fords, chevies, yotas.I am pretty sure there are more than one thing driving the craze in the global corporate world toward subscription revenue, versus one and done product sales revenue, but for sure, at least today, companies get a higher valuation on their stock as their recurring revenue goes up.
Once I got retired, I started paying more attention to stocks and bonds and there is no doubt in my mind about this motivation to get services (i.e. monthly subscription revenues) growing.
A number of years ago Apple announced to their investors and Wall Street that they would be focusing on services revenue and deemphasizing hardware sales revenue, Wall Street just loved the idea. Apple went so far as to quit reporting hardware sales numbers in their quarterly reports (I was thinking no way will the institutional investors let them get away with that). Much to my surprise (and not surprising at all to Wall Street obviously), everyone loved the idea. So much so that Apple’s Price/Earnings ratio doubled in like 18 months. During that time (starting like maybe 3 years ago),profits grew like 10% and the stock price doubled.
Not an expert, so I am sure there are a lot of prior examples of this strategy working, but in Apple’s case during that time, they became the most valuable company in the world (based on market capitalization).
So now, every company that makes products is mad for becoming a “services” or subscription model company.
I have read some other ideas like the insurability of autonomous driving cars that likely is motivating the motor companies in this direction, but whatever the other reasons, higher stock price seems to be the big one.
Sorry for the TMI.
Well shoot me! I thought this was something brand new but it's apparently been around for awhile - didn't do well either. BMW rolling back out specific subscription packages in select countries (not North America) I feel will also flop.
I don’t disagree.
Absolutely!From my perspective it is all financial slight of hand, but the rubes running the pension funds keep lapping it up, mmmm good.
I hate being cynical, I need to go find my meds….
Caught me on a bad day, sorry guys.Absolutely!
Turn off engine to conserve battery sounds like a huge draw on the battery. Ask you Ford service department or look up online to find probable causes of message. Could have been a power surge as well as a battery cell problem. But, since it ran okay after that, could have been one connection touching another, s
Ask your Ford service department or look up online for probable causes. Turn off engine to conserve battery says huge power draw to me. It's as if two wires touched, like a short. Do you have rodents? A visual inspection for chewed or loose wires, maybe. And, it ran fine after that when it said restart. Perhaps a circuit board error of some kind. Weird.
No apology needed for being right.All my fault, too much time on my hands, sorry dudes.
