As Opposed to What?
In an interview with the New York Times this week, Tim Cook brought up his belief that Apple has a “moral responsibility” to be a force for good wherever they do business.
Could We Get a Mini-Carousel?
In July, Apple (AAPL) made a slew of iOS 11 changes that really improved the multi-tasking ability of the iPad. When I’m working on projects with my iPad there are certain apps that I use much more than the others. I’m now pretty happy with the ability to no longer have to hunt for these apps in the former big app carousel to the right that exists in iOS 10.
Is Original Content a Distraction?
An excellent essay by Pantho Investments over at Seeking Alpha tackles head-on the issue of whether or not Apple (AAPL) is going through “diworseification”. The recent news that Apple is investing $1 billion dollars to create original content kicked off the discussion. Diworseification is a concept that Peter Lynch popularized in his 1989 book, One Up On Wall Street:
Dealing with Hyper-Inflation
So for a brief period this week a Venezuelan bank was ranked above Apple (AAPL) in terms of market cap. That is just how far out of whack things in the socialist country of Venezuela have gotten. In a nutshell, oil revenues have collapsed and the nation is printing more money to avoid defaulting on their debt. The influx of new cash is causing massive inflation.
I’m not sure why, but it seems that there isn’t much being written about what would happen if Samsung’s headquarters is destroyed. Seoul sits only 35 miles from North Korea, and technically, the Korean War never really ended. North Korea has been steadily building their armaments so they can launch thousands of rockets at Seoul on a moments notice. They’ve been preparing for decades to wipe out as much of Seoul as possible in a thirty minute window. They know they’d lose any war fairly quickly so the threat of leveling Seoul in the first 30 minutes is their way of holding hostages.
Every quarter when Apple releases their earnings, there is one thing I wish the tech or financial press would do: put the earnings in context. The fact that they don’t do this is especially egregious with the financial press which supposedly caters to investors.
Manufacturing and distribution analysis since 1993.
Perezonomics is available in Apple News