Until 2007, Bill Gates was the richest man in the world by virtue of his stake in Microsoft MSFT. Then Carlos Slim Helu, the famous Mexican investor, aided by his stake in cell phone operator American Movil, wrested the crown from Gates. According to Bloomberg , yesterday Gates became the richest man again, although Forbes,
Click here for a larger chart. When Apple AAPL first announced iPhone 4S, there was a nice surprise in it called Siri. Siri is a virtual intelligent voice assistant. Siri caught the imagination of the masses. iPhone 4S sales took off. Analysts had to scramble to revise their iPhone 4S sales estimates
There are days when price action in stocks provides more information than usual, all one has to do is to observe while leaving opinions at the door. Tuesday was one of those days. There were major announcements from BlackBerry as well as Nokia and Apple AAPL stock fell precipitously in the afternoon. There were
On Monday, Samsung made a 5G announcement promising download of 3D movies in seconds. Samsung did the most masterful job of spinning a test for the maximum public relations impact that I have seen in a long time. Samsung served up such a sumptuous treat to the media who seem
A report from South Korea’s Yonhap News Agency about Samsung offering 5G service by 2020 caught my eye. Speculation about 5G abounds, so the title was not a surprise. What was intriguing to me was a claim of transmitting data in the millimeter wave band to a distance of two kilometers. My
TechCrunch reports that Microsoft MSFT may spend $1 billion to buy Nook outright from Barnes & Noble NE. In the pre-market Barnes & Noble stock moved up as much as 30% and was still higher by nearly 20% on the day in the afternoon. Microsoft has an existing investment in Nook of about one-sixth of the
With Windows 8, Microsoft MSFT ignored the basic tenets of change management and paid the price. Now Microsoft is finally trying to correct the mistakes it made with Windows 8. In my analysis, the big drop in PC sales has been in part due to mistakes made by Microsoft in Windows 8. I
Gun control legislation in Washington is moving at a snail’s pace, if at all, but technological developments are moving at a much faster one. The world’s first gun made mostly with a 3D printer has been test fired and now you can buy 3D printers at Staples SPLS. Soon blueprints to print a 3D
This morning the Department of Labor released blowout employment numbers. April nonfarm-payroll numbers rose by 176K vs. a consensus of 166K, and more importantly, the whisper numbers were under 140K. The reaction in the markets has been violent. Interest rates have risen, and DJIA has broken the resistance at
Wall Street is busy feeding Apple to the muppets again. At this point, feeding Apple stock is long over, so now it is time to put out some Apple bonds. And make no mistake, Apple stock investors have been highly encouraged to know that muppets are eagerly snapping up