It was just last month that Apple released iPhone 5C with fanfare. It was the first time that Apple had introduced two iPhones at the same time. Also iPhone 5C was the first ever mid-market phone introduced by Apple. Two data points show that iPhone 5C has hastened a march
Apple AAPL has managed to attract the first woman to its top ten executive team. The woman is Angela Ahrendts, CEO of Burberry Group Plc. The stock market clearly views Apple hiring Ahrendts as a loss for Burberry; as of this writing, Burberry stock in London is trading down about 5%. Ahrendts will become the
Yesterday, Apple announced two new iPhones, iPhone 5S and iPhone 5C. Today, at an event in Beijing, Apple announced new iPhone availability at two smaller carriers, China Unicom and China Telecom, but no deal with the largest carrier, China Mobile. Wall Street is venting its disappointment: Bank of America, UBS,
It was not long ago that teens flocked to Apple (AAPL) products because they were ‘cool.’ iPods were first adopted by teens and then migrated to their parents. Of late, Apple is losing its ‘cool factor.’ As innocuous as it may seem, the perception of the loss of ‘cool’ has increased the
The brilliance of Steve Jobs at Apple (AAPL) has been embodied in a carefully cultivated image for Apple products. Jobs created elegant products that appear to be meant for the elite but were sold to the masses. When the masses bought Apple products, they felt good because they were buying what the rich were
My heart goes out to the victims, the families and friends of the tragedy at Sandy Hook Elementary School in Newtown, Connecticut. Out of respect for the victims and their families, I neither traded nor recommended a trade on gun stocks since the tragedy. After all making money is the last
This post was just published on ZYX Buy Change Alert WMT just reported EPS of $1.08 vs consensus of $1.07; revenues of $113.9 billion vs consensus $114.95 billion. For the next quarter WMT projects $1.53 – $1.58 vs consensus of $1.59. For the year, WMT projects $4.88 – $4.93 vs consensus of $4.94. Earnings are a
October was not a kind month to Apple. There has been a big management shakeup, the Street does not like the price of the iPad mini, iPhone 5 is experiencing supply issues, and earnings–as well as projections–were below expectations. As if Apple needed it, the Israeli-U.S. start-up, Boxee, is now bringing
The Federal Reserve provides a gold mine of both medium-term investment opportunities and short-term trading opportunities. The Federal Open Market Committee (FOMC) holds eight regularly scheduled meetings every year. One of those is being held this week, with a rate decision set to be announced at 2:15 p.m. Eastern on
There is not much doubt thatBest Buy (BBY) will go out of business eventually unless it changes the way it does business. Finally there is a big leap at Best Buy to arrest the company’s downward spiral. Best Buy founder and former chairman Richard Schulze has resigned. Schulze owns 20.1% of the company.