Technology

Apple’s Q3 2014 earnings report yesterday was a mixed bag in terms of actual results. But from my perspective the results show a company that continues to execute its strategy well given the onslaught from cheaper handsets using the Android…

Today’s post is about technology and the dynamics of market saturation. My contention over the past couple of years has been that the mobile market in developed economies was becoming saturated to the point that the economics of…

Going back to my comments from yesterday about the utility of macro, I want to talk a bit about credit excesses and valuation manias. The overall gist here is that manias are endemic to our system because psychology plays a big part in…

Intel aims to eliminate all PC cables in 2016 - CNET Google Now Offers End-to-End Encryption on Email SwiftKey, Swype Already Working on iOS Keyboard Apps | Re/code Apple’s HomeKit will help Apple users command their smart home (with…

Today’s commentary provides a few quick hits on some topics I am seeing in the technology space. After a horrible drying up of liquidity after the technology bubble burst 14 years ago, we have seen a resurgence of the technology space over…

The last earnings report from Apple was good on many fronts. While I was concerned with the dip in sales everywhere outside of the iPhone, Apple’s iPhone sales showed great promise, both in terms of unit sales and average selling price. But…

Alibaba, the Chinese e-commerce company, is going public via an initial public offering underwritten by Goldman Sachs, JPMorgan, Morgan Stanley, Citigroup, and Credit Suisse. Alibaba was founded 15 years ago in 1999 in a one-room apartment…

The Canadian housing market is providing a pro-cyclical boost Russia is now in a recession Twitter’s share collapse is emblematic of broader trends Corporations pay tax for a reason

Today is going to be a bit of a roundhouse review of issues in the news rather than a single topic daily newsletter because a lot of different things are creeping up on us that I haven’t highlighted. So I want to touch upon some of the…

Last quarter, I said that Apple the China Mobile deal and the growth in China would make for a better quarter for Apple this go round. Moreover, despite the negativity we heard before the earnings report about Tim Cook, Apple is a well-run…