Upgrade is, it is changing as the phones do. I find it impossible to believe that apple is not going to continue to evolve form factor s to stay competitive with everybody else, so it is saying and acknowledging what we already know which is the cycle of the big changes in the phone platform is coming to a close. Mike. You know, we had steve mi melonovich said not to the expect a big upgrate for the 7, but more on the 8, and so you need to refine what you mean by big upgrade. Yes, in the steve jobs era, they said they would not move from the different sizes of the phone, but they did that, so it is hard to imagine so many improvements on the cell phone, and i have had it for two years, and i dont think that i will get a new one, and the big thing that everybody wants a lot of times is the battery, and the better battery life, and this is sort of the bound by the laws of physics, so unless apple can make those breakthroughs, we wont see anything that big. And it is like, what else do i
Retail in that country and laying out his plans for indias market. Also gave this extensive interview to india nd tv where he said he could see lowering prices in that country. I recognize that prices are high. What we want to do things that lower that over time to the degree that we can and so we are looking at a number of different things. What we wouldnt do is lower our quality bar. Of course, one of the bigger stories today might be the projections, reported projections for iphone 7 production as has a lot of the suppliers up today along with apple. Yes, indeed. Barrons did a writeup of it about 70 million phones where some had expected mid 60s productionwise. That maybe goes to show apples confidence in maybe what its got in the iphone 7 versus actual demand. What i think is interesting, theres a tension between local manufacturing and local invention versus american patronage. Facebooks Mark Zuckerberg saying people, have free internet, its good for you. A lot of people cant affo
Increasingly difficult to become rich if you werent born that way and, love it or hate it, i believe the stock market is the best ladder we have in this country for social mobility. There are million upon millions of people in this country but there simply arent that many jobs that pay you a salary fat enough to actually make you rich. Even if youre a total cheapskate and save nearly every single penny you earn. If you want to become really wealthy in this country. Unless youre born with a spoon in your mouth, that means planning your Financial Strategy for an entire lifetime. Even if you dont have a super highpaying job, as long as you can save a decent chunk of your paycheck and invest it wisely year after year, you can make your wealth grow to the point where you become if not filthy rich at least financially independent, meaning you dont need to worry about your job security or where your next paycheck is going to come from and youll be able to retire easily without the need to rel
Its obviously a report that was somewhat shocking for wall streets economists. But i would say if you look at the reaction in stocks today, its fairly muted. Dollar down about a percent and a half. Gold is up 2. 4 . But its kind of sloppy. That charts all over the place. But then you take a look at equities themselves. And pretty clearly you can see the nasdaq, after being up seven days in a row, is down 0. 7. Small caps down a little bit more than 1 . S p, large cap nams are really down barely. Yeah, because because the market believes that june is now off the table. Isnt that the because a weakening dollar is not a negative for whats been ailing the market in a positive. Q4 and q3 of this year were going to lap what went on last year with that dallas racing higher, wrecking the earnings of the commodities. A plunging dollar but a weakening dollar is being viewed as constructive. Liesman, what happened today . You know, im looking at you. You got your hair all together. Your suit is w
Is through the Summer Enterprise driven or consumer driven . What are your thought sms well, i dont know. Carl, i have no idea what the stokck market doing and why it does it. But in this case the tech did better in sectors even after issues with wall street of the earnings of a number of the tech giants. They beat up on them too much after the earnings came out, and now now it is a return. Apple is a good example, and it was badly hit because of to last earnings announcements, and people are reconsidering it and another thing is that Warren Buffett bought into apple, and that is always a sign that like people overreacted, and he is a savvy investor and people thought twice about it and apple is a leader in that way, and many of them, they follow. Facebook is doing great. I think they turned in a terrific quarter, and again, it caused the people to look at all of the sectors and not just tech saying they are doing better in relation. And kara, the big picture heading into the code conf