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Technology
Daily: The Nokia story gets worse by the day
Daily commentary
Nokia is finished in my view. It was clear before they switched to the Windows Mobile platform that their existing platform was not going to survive the onslaught from smart phones with Apple iOS and Android operating…
Will Globalization Go Bankrupt?
By Michael Pettis About ten years ago I published an article in Foreign Policy that I just recently re-read. In the article I extended one of the arguments I made in my book, The Volatility Machine, that the globalization process is…
The Facebook IPO Fallout
In less than a week's time, the Facebook IPO has gone from the most-hyped technology event since Google went public into "blame-storming" mode. Details concerning the stock's sudden drop, the market's inability to process orders, and the…
On JPM’s Dimon’s still unassailable position and Facebook as the new Yahoo
I spoke to Paul Waldie and Brian Milner of the Globe & Mail on BNN's headline on Monday. The big story was JPMorgan Chase and the London Whale trades. JPMorgan Chase's CEO Jamie Dimon, as the leading lobbyists for the hands-off…
More on Apple’s Fantastic Quarter
A brief note on why Apple did so well this quarter.
Apple almost gets its whisper number
This is just an update to this morning's post. The numbers were profit of $12.30 a share ($11.62 billion), up from $6.40 a share ($5.98 billion) last year.
What to expect from Apple’s earnings
Apple reports earnings after the close of business today. This will be a closely watched report. Here are the things to look for.
Is Apple worth it?
There has been a lot of chatter about Apple recently because of the monster move it has sustained in the first four months of the year. Bloomberg reports that Apple gained more than $250 billion in market share in just four months to April…
Facebook Snaps a $1-Billion Photo
"What made Instagram worth $1 billion to Facebook?"
When asked this question recently, I responded with an immediate, "Nothing."
I'm not usually so terse or emphatic with my answers, as any longtime reader knows. But in this case,…
Video: The Transparent Factory
I thought I would mix it up a bit with this clip of a Volkswagen factory in Dresden, Germany. The factory is very cool.