CHIP: World's cheapest computer is $9

[babajees]

The Raspberry Pi popularized the idea of the micro-PC with a compact and a very low cost computer. Now a brand new participant, Next Thing‘s CHIP, joins the race to construct the world’s cheapest computer. CHIP is a completely functional Linux-powered computer and is nearly one-quarter the size of a banana and one-quarter the price of the Raspberry Pi. Yes, really it’s just Nine Dollars!

To minimize down the price, CHIP packs a 1GHz Allwinner R8 Cortex A8 processor with a built-in Mali400 GPU, 512MB of RAM and 4GB of flash storage. It additionally encompasses a micro USB port, composite headphone/mic port, Wifi and Bluetooth. All of which is powered by attaching a LiPo battery, DC power, or via the micro USB. The hardware is powerful enough to operate LibreOffice, the Chromium browser, and an entire host of video games and applications to teach programming.

Read more at: World's Cheapest Computer - 9$

 

[Donatello]

@Skull and Bones and what have you been doing lately? Losing money on the stock market? Tsk Tsk.

 

[C130]

what OS does it run? does it even have enough space for a OS

 

[Skull and Bones]

@Skull and Bones and what have you been doing lately? Losing money on the stock market? Tsk Tsk.

Nope, withdrew all money and only holding a pharma stock. Will restructure all funds to 60% debt and 40% equity.

 

[Donatello]

Nope, withdrew all money and only holding a pharma stock. Will restructure all funds to 60% debt and 40% equity.

debt? What do you mean?

 

[Skull and Bones]

debt?

UTI Bond Fund (G) NAV | UTI Mutual Fund | UTI Bond Fund (G) Investment

 

[Donatello]

UTI Bond Fund (G) NAV | UTI Mutual Fund | UTI Bond Fund (G) Investment

Is it trusted to open online account and trade?

 

[Skull and Bones]

Is it trusted to open online account and trade?

Sure it is, it has a asset size of a moderate $300 million. There are much better funds though. We're investing almost Rs 100,000 a month in a bunch of diversified fund.

 

[Donatello]

Sure it is, it has a asset size of a moderate $300 million.

Hmm, the price they quote on that link is INR, right? So basically a 12% annualized return means that percentage growth at the end of the year?
Sorry i am not into mutual funds so it gets confusing

 

[Skull and Bones]

Hmm, the price they quote on that link is INR, right? So basically a 12% annualized return means that percentage growth at the end of the year?
Sorry i am not into mutual funds so it gets confusing

Yup, I'm concentrating on PhD, so don't have time to track on equities. Therefore investing in some high quality mutual funds to save some money.

 

[Donatello]

Yup, I'm concentrating on PhD, so don't have time to track on equities. Therefore investing in some high quality mutual funds to save some money.

Right, okay so one last question, some of those show a 20% plus annualized return....i mean...that is insane return.....what is the drawback?

and you doing the PhD at the same place?

 

[Skull and Bones]

Right, okay so one last question, some of those show a 20% plus annualized return....i mean...that is insane return.....what is the drawback?

and you doing the PhD at the same place?

I got a better offer from the University of Utah, in the field of Semiconductor Photonics. $20000/yr dean's fellowship and $18000/9 months for TA.

20 is a very moderate return for equities, I'm holding a bond UTI MNC fund with more than 40% return last year.

UTI MNC Fund (G) NAV | UTI Mutual Fund | UTI MNC Fund (G) Investment

 

[Ghareeb_Da_Baal]

what OS does it run? does it even have enough space for a OS

you are looking to spend in 200 ragnge with MS OS .

 

[Donatello]

I got a better offer from the University of Utah, in the field of Semiconductor Photonics. $20000/yr dean's fellowship and $18000/9 months for TA.

20 is a very moderate return for equities, I'm holding a bond UTI MNC fund with more than 40% return last year.

UTI MNC Fund (G) NAV | UTI Mutual Fund | UTI MNC Fund (G) Investment

Congratulations and nicely done....must be a good change from NY?

 

[livingdead]

I got a better offer from the University of Utah, in the field of Semiconductor Photonics. $20000/yr dean's fellowship and $18000/9 months for TA.

20 is a very moderate return for equities, I'm holding a bond UTI MNC fund with more than 40% return last year.

UTI MNC Fund (G) NAV | UTI Mutual Fund | UTI MNC Fund (G) Investment

man.. you need to add disclaimer too.. past performance does not guarantee future returns.. over longer term it wont be 40% annual return besides India has high inflation, your money is losing value faster(than UK).. @Donatello