The case of Apple has been more than its competitiveness in product design and features. In a sense, it has reflected the U.S. going in the wrong direction (e.g., deindustrialization and financialization of the economy) and the current state of the global economy (e.g., trade dispute).
From Zero Hedge:
To the complete shock of absolutely nobody, Apple has unveiled the iPhone 4GS Botox Turbo 5
- APPLE IPHONE 5 ADDS FIFTH ROW OF ICONS TO HOME SCREEN
- APPLE IPHONE 5 WEIGHS 20 PERCENT LIGHTER THAN IPHONE 4S
- APPLE IPHONE 5 HAS SAME WIDTH, TALLER SCREEN
- APPLE SAYS NEW A6 CHIP IS 2X FASTER CPU, 2X FASTER GRAPHICS
All the market wants to know is if it will buy Spanish bonds, and if it is acceptable ECB collateral. Everyting else is now just part of the annual, soon to be semi, quarterly, and so on, facelift. AAPL shares sliding - after reaching up to yesterday's closing VWAP at $664 (now at yesterday's lows)
Finally, the most important question - when is the iPhone 6 (with the purchase funded by the iBank captive leasing arm) coming?
http://www.zerohedge.com/news/apple-presents-iphone-5-market-unimpressed
No comments:
Post a Comment