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

    First Expected Moment

    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.

    link to this | view in chronology ]

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

      Re: First Expected Moment

      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.

      link to this | view in chronology ]

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

      Re: First Expected Moment

      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.

      link to this | view in chronology ]

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

      Million dollars of LOSS

      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.

      link to this | view in chronology ]

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

      Re: First Expected Moment

      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.

      link to this | view in chronology ]

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

    Perceived Value vs Realistic Value

    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)

    link to this | view in chronology ]

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

    Hmmm... I wonder

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

    link to this | view in chronology ]

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

    its just priceless

    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.

    link to this | view in chronology ]

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

    Information Should Be Free

    I wonder how they came to that figure.

    link to this | view in chronology ]

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

    What is value?

    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.

    link to this | view in chronology ]

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

    How value is determined

    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).

    link to this | view in chronology ]

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

    Great...

    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.

    link to this | view in chronology ]

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

      Re: Great...

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

      link to this | view in chronology ]

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

        Re: Great...

        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

        link to this | view in chronology ]

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

        Re: Great...

        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?

        link to this | view in chronology ]

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

        Re: Great...

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

        link to this | view in chronology ]

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

    My IP is worth $millions!!!

    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".

    link to this | view in chronology ]


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