Posts filed under “Technology”

Apple’s Q Reveals the Perils of Earnings Predictions

Apple’s first-quarter earnings were blow-out numbers. Far beyond what anyone forecast, the figures show Apple arguably had the single-greatest quarterly performance in U.S. corporate history.

A quick overview: Apple’s net profit of $18 billion is an astonishing gain of 38 percent over the already-huge $13.1 billion in the same quarter last year. (So much for the law of large numbers.) Earnings per share rose 48 percent on revenue of $74.6 billion, up a staggering 30 percent.

How did Apple rack up such gigantic sales numbers? It begins with the company’s flagship product, the iPhone. It sold an astonishing 74.5 million of them in the quarter, a gain of 46 percent from the same quarter a year earlier. What’s more, the phones sold for an average of $687. (The Wall Street Journal calculated that Apple sold 34,000 phones an hour, 24/7.)

Revenue in China rose 70 percent to $16.1 billion, making it Apple’s third-largest market by sales, after the U.S. and Europe. In the near future, China will probably overtake Europe as Apple’s second-biggest market. At the risk of extrapolating to infinity, it isn’t hard to imagine the day when China also surpasses the U.S. as Apple’s biggest market.

The rest of the numbers were, by all accounts, stupendous, enormous, mind-blowing, record-breaking. Yet it seems analysts were, once again, blindsided by the data.

How is it even remotely possible that Wall Street analysts have no idea what the biggest company in the world is doing?

Continues here

 

 

Category: Analysts, Earnings, Technology

Biggest Threat to Human Progress is Relentless Stupidity

    “Wealth – any income that is at least one hundred dollars more a year than the income of one’s wife’s sister’s husband.” –H.L. Mencken   On Fridays, I like to wax eloquent and philosophical — about investing, analysis and asset management. Often, there are lessons from other disciplines that are applicable to our…Read More

Category: Economy, Philosophy, Really, really bad calls, Technology

Where Apple’s Money Comes From

Source: Business Insider

Category: Consumer Spending, Digital Media, Technology

National Broadband Map: broadbandmap.gov

Cool interactive map that lets you check out actual broadband speeds vs the advertised speeds by zip code:

 

Broadband Test vs. Actual

 

New York, NY

More speed tables after jump

Read More

Category: Technology

What is an Online Financial Advisor?

I thought this infographic was inforamtive. We launched our own online advisor last year called Liftoff:   Source: Paladin Research & Registry

Category: Asset Allocation, Digital Media, ETFs, Investing, Technology

Who Are We Killing with Drones?

West Uses Anti-Terror Laws to Murder Farmers, Small-Time Drug Dealers and Low-Level Taliban Members – Poppy Farmers, Drug Couriers and Drug Dealers Spiegel reported yesterday that drug dealers and low-level Taliban members were targeted for death by drone: NATO didn’t just target the Taliban leadership, but also eliminated mid- and lower-level members of the group on…Read More

Category: Legal, Really, really bad calls, Technology, War/Defense

Top 10 Strategic Technology Trends for 2015

click for larger graphic Source: Gartner via Gartner Symposium

Category: Digital Media, Technology

How Speakers Make Sound

Source: Animagraffs

Category: Digital Media, Science, Technology

The Data-Driven Farm

The Toms in Indiana have seen farming advance from horse-drawn plows to self-guiding tractors. They say innovation has been the key to their success.

Category: Technology, Video

Landing on a Comet, 317 Million Miles From Home

click for totally awesome photos: Source: NY Times

Category: Digital Media, Science, Technology