Is Apple losing its edge?
In this edition of Investor Beat: Apple reports big earnings but shrinking margins.
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Far too little attention is being paid to Apple's history of innovation. It is as if there are no other products EVER coming out that will not "wow" the consumer. Does everyone simply believe that Steve Jobs was the ONLY futuristic mind at Apple? Not at all possible. He drove quality products that worked and not those that did not. Apple has consistently had good 3rd and 4th quarters when around the globe(remember this is a global economy) students come out of high school and move to colleges where parents/students make sure they have the toys they need to learn/play in today's high tech world...and we don't want them to be behind the other guys/gals. Remember Dick Tracy and his "watch"?? Suspect the IWatch is going to be a surprise. The Apple TV is not on the radar much but imagine an Apple TV that could have quad monitors/split screens on one monitor. Where you could control 4 screens from your chair and have a internet remote to watch music videos on one screen, read your e-mail on another, surf the internet on another and have interactive phone/video conversations with your favorite friend/relative. That is the stuff you see if movies but has not made it into our living room. Tim Cook said that the most outdated piece of tech in every home is the TV. Listen to him. And it always seems to come in the third or fourth quarter of the year which is just before the fall(college season around the world) and the end of the year(Christmas and New Years). Spending is like Jafar(from Alladin): large and in charge. Buy it.
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Pipeline owners are making big profits on oil coming from North Dakota's Bakken fields. But a lot of natural gas continues to be flared due to low prices.
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