Average Laptop Contents Worth A Million Bucks?

from the somebody-call-ebay dept

An anti-virus and security firm's new study says the contents of the average business laptop is worth nearly a million dollars. Disregarding the firm's obvious bias for a moment, the figure is pretty unbelievable. A childhood spent trading baseball cards taught me that something's worth what somebody will pay you for it, not what a magazine says it's worth -- or in this case, a security company that wants to sell you something. If the stuff inside people's laptops is really that valuable, why aren't they "lost" more often?

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  1.  

    First Expected Moment

    identicon
    dorpus, Jan 31st, 2006 @ 2:16pm

    If there are enough outliers with millions of dollars worth of data, then it is possible to say that the mean value per laptop is a million.

    Of course, a more sensible measure in this instance would be the median value.

    reply to this | link to this | view in thread ]

  2.  

    Re: First Expected Moment

    identicon
    Rikko, Jan 31st, 2006 @ 2:52pm

    That's not the point at all. Carlo is discussing realistic value, not perceived value.

    I spent the last couple of weeks in the garage building a cabinet stand. To me, my time and labour are worth a million dollars. Thus I perceieve the stand is worth a million bucks. Doubt I could get more than a couple hundred for it.

    reply to this | link to this | view in thread ]

  3.  

    Perceived Value vs Realistic Value

    identicon
    Justice Erolin, Jan 31st, 2006 @ 3:18pm

    The article talks about how the USERS see the value of their laptop, not how they see the value of another laptop.

    It's almost like asking someone how much value do they put on a pet, or heck, even a kid. They may value their child over a billion dollars, but that doesn't mean anyone's going to pay for it. (Minus the sick and perverted)

    reply to this | link to this | view in thread ]

  4.  

    Hmmm... I wonder

    identicon
    Adam, Jan 31st, 2006 @ 3:25pm

    if they might be interested in buying all of my Jose Canseco rookies?

    reply to this | link to this | view in thread ]

  5.  

    its just priceless

    identicon
    Matt, Jan 31st, 2006 @ 3:25pm

    contents are just priceless. not like the hope diamond, but where you cant put a price tag on it. "on mans junk is another mans treasure." not everyone can agree on a price for a single laptop's contents.

    reply to this | link to this | view in thread ]

  6.  

    Priceless

    identicon
    Randy, Jan 31st, 2006 @ 3:54pm

    This sounds like a one of those credit card commercials.

    reply to this | link to this | view in thread ]

  7.  

    Re: First Expected Moment

    identicon
    swirve, Jan 31st, 2006 @ 4:31pm

    I think it is potentially not too far off. If you think about it, value is not really how much someone is willing to pay for it, but what it costs you to replace it. You've also got to consider that the vast majority of businesses only provide laptops to people who have a business need for them - mainly salesmen and more senior management who travel often. If a salesman goes on a trip, makes a couple of sales, and has all the details of the agreement, etc on his laptop, then loses - it potentially will require him to do the same trip again, potentially lose customers for incompetence, and waste a lot of expensive people's time by working out the details again. Same goes for sales forecasts, business decisions, and anything else. Generally, in large organizations, the people with laptops are also the most technically illiterate and would backup their data least often. I don't think it's an outrageous figure.

    reply to this | link to this | view in thread ]

  8.  

    Million dollars of LOSS

    identicon
    DavidT, Jan 31st, 2006 @ 5:07pm

    Might they mean that if the data is LOST or STOLEN then there is a risk of one million dollars of DAMAGE to the company -- ie, if somebody gets all their trade secrets and sells them then the thief might only collect $50,000 but it might cause $1,000,000 of harm to the company.

    reply to this | link to this | view in thread ]

  9.  

    Information Should Be Free

    identicon
    Darin Codon, Jan 31st, 2006 @ 5:23pm

    I wonder how they came to that figure.

    reply to this | link to this | view in thread ]

  10.  

    Re: First Expected Moment

    identicon
    Colby, Jan 31st, 2006 @ 5:32pm

    Of course some of these posts would make more sense if everyone knew what value was. In the context of this article value is “a numerical quantity measured or assigned or computed.” And so the real question is not the specific value by itself, but a specific value derived by a specific means. Value can be considered what someone is willing to pay for it… This is called a sales-comparison approach to value. Value can be considered by it’s cost to replace… This is called a cost-approach to value. My favorite value approach is the income approach to value used in real estate. This is where the thing being valued is not considered, only the income from the thing being valued (and expenses). Value can be considered by any other number of factors for different purposes, but none make sense without a context. In the instance of this article, value is solely given based on the feelings, thoughts, and motives of the people who have laptops. This is because there is no standard for laptop valuation. One person’s word is as good as the next. Imagine what value we would get for the content of one laptop, if everyone in the world gave it value based on their on criteria and we averaged it out. So we find the number they produced doesn’t mean anything practically.

    reply to this | link to this | view in thread ]

  11.  

    What is value?

    identicon
    Pogee, Jan 31st, 2006 @ 5:40pm

    If the stuff inside people's laptops is really that valuable, why aren't they "lost" more often? Perhaps it's that the stuff is actually really valuable to the person to whom it belongs. It's not replaceable like a diamond bracelett or a Corvette. The only things in life which are genuinely valuable are those whe cannot easily replace, and those things we have actually created ourselves, preferably from scratch.

    reply to this | link to this | view in thread ]

  12.  

    How value is determined

    identicon
    Alpharocker, Jan 31st, 2006 @ 5:59pm

    Not to mention the fact that not just any idiot who steals a laptop knows how to profit off of the information. Incan matrimonial headmasks? They are worth alot too, but I don't know how to make money off them. (Apologies to S. Soderbergh).

    reply to this | link to this | view in thread ]

  13.  

    Great...

    identicon
    ?, Jan 31st, 2006 @ 7:16pm

    Now laptop thefts are going to sky rocket as every stupid thief out there is going to assume that a laptop means a million dollar pay day.

    reply to this | link to this | view in thread ]

  14.  

    Re: Great...

    identicon
    Anthony, Jan 31st, 2006 @ 8:37pm

    my laptop has porn, movies, and graphic programs, any1 willing to pay me a million for it, i wont hessitate.

    reply to this | link to this | view in thread ]

  15.  

    Re: Great...

    identicon
    Paul, Jan 31st, 2006 @ 9:53pm

    Since they were talking about business laptops, they should have related the value to how much the company would have lost if the laptop data was broken/lost and irrecoverable

    reply to this | link to this | view in thread ]

  16.  

    Re: Great...

    identicon
    ?, Jan 31st, 2006 @ 11:16pm

    I didn't think of it that way. Forget letting some dumb punk make millions off of my laptop! I'm going to do it on my own?

    Any bidders?

    reply to this | link to this | view in thread ]

  17.  

    Re: Great...

    identicon
    Anonymous Coward, Jan 31st, 2006 @ 11:52pm

    with all the identity theft occuring at financial instutions and government agencies, a million dollars of damage from stolen computers can happen very quickly.

    reply to this | link to this | view in thread ]

  18.  

    My IP is worth $millions!!!

    identicon
    giafly, Feb 1st, 2006 @ 1:31am

    FTA, this value is: in terms of "intellectual property or commercially sensitive information", with users slapping an average estimate of its worth around the £550,000 mark ($974,000, €804,000).

    People and organizations regularly claim absurdly high values for their "intellectual property".

    reply to this | link to this | view in thread ]


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