Peter Kafka

Recent Posts by Peter Kafka

Did You Buy Your Christmas Presents on Your iPhone This Year?

santa phoneDid you buy a present via your iPhone this holiday season? EBay (EBAY) says the chances you did increased greatly this year, citing a threefold increase in items purchased via smartphones during the holiday season.

For the year, the company said, buyers and sellers did around $500 million worth of transactions using their phones.

I assume Amazon (AMZN) saw a similar trend, particularly since it rolled out well-received shopping apps for both Research in Motion’s (RIMM) BlackBerry and Apple’s (AAPL) iPhone this year.

But note that for whatever reason, Amazon doesn’t mention mobile in its annual “let us tell you how awesome are holiday sales were, without actually attaching any real numbers to these claims” release.

[Image credit: ktylerconk]


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work