- iPhone 5 sales fall short of 10 million unit first weekend sale estimate.
Now here’s something that NO ONE saw coming. Here’s the Bloomberg quote:
“Apple Inc. (AAPL) reported debut weekend sales for the iPhone 5 that fell short of some analysts’ estimates after supply constraints delayed shipment”.
Some other quotes:
“We find it unfortunate that some analysts continue to publish irresponsible estimates without taking into account realistic demand trends and potential supply constraints. This is a classic case of near-term expectations getting out of touch with reality” – Shaw Wu, analyst.
“The story now with Apple is less about the gorgeous technology and more about if it can really execute the global supply” – James Kelleher, analyst.
It seems to me that analysts have talent in stating the obvious… FYI: the “component shortage” apparently had something to do with the touch-screen technology, that uses in-cell something something that makes it super cool.
Anyway – Apple’s share price, um, dropped:
Should have shorted on Thursday! #PatsSelfOnBack
- China’s “record” stimulus.
When you’re famous for not really being stimulative at all, it doesn’t take much for you to suddenly be breaking records and sh*t.
China was stimulative with $46 billion. To put that into perspective: that’s about 0.0063% of their GDP in 2011. Or, more importantly, it’s about 0.0029% of US public debt.
Or about 7% of the market value of Apple.
The metaphor I’m aiming for here is something akin to the small boy and the bucket trying to empty the ocean. If he has a bucket or a bathtub, the difference is back-breaking for him; but he’s still not going to empty the ocean…
- Steve Wozniak wants to become Australian.
Link: derision – sigh with it.
Oh yes – the guy that came out in support of buying Facebook shares at $38 and calling them “cheap at the price”.
He may have “co-founded” Apple, but I didn’t see them begging him to return to fill the Jobs gap. Anyway, he wants to become Australian.
In a moment of sheer awesome*, he told the Australians that a key factor in his decision to become Australian is the government’s planned national broadband network.
Look at those eyes!
Run, Australia. Run.
*because it’s so, you know, crazy.
- Mercedes releases a boating concept.
I mean really.
That’s all for now.
Have a good day.