Share to Twitter Share to Linkedin Apple just blamed its weakest quarter in years on forces outside its control. But something else could be behind Apple’s 5% drop in sales for the most recent quarter. Apple is violating one of the most basic requirements for growth: customers will switch to the product that offers them the most value. Based on listening to my undergraduate students this week, many are feeling like fools for being locked in — via the iPhone — to Apple’s “ecosystem.” They would rather own a product that costs less and works better. Apple’s business is dependent on essentially jailing its customers within its ecosystem. The iPhone is a 15 year old product — that accounted for 56% of Apple’s revenues in the latest quarter. It competes in a declining smartphone industry — shipments were down 18% in the latest quarter, according to the Wall Street Journal . Apple’s growth problem is not really due to macroeconomics or supply chain … [Read more...] about With Revenue Down 5.5%, Tim Cook Presides Over Shrinking Apple
What affects the stock market
2023 Value Stock Picks: Fed Punching A Hole In The Punch Bowl
Share to Twitter Share to Linkedin Roughly 11 months ago marked the launch point for the Federal Reserve’s tightening cycle, adding over four full percentage points to its target for the Federal Funds rate since March 2022 to a current upper bound of 4.75%. Notably, the level is the highest for the benchmark since September 2007, with the pace of Fed tightening virtually unprecedented. No doubt, many think the Federal Reserve hiking the Fed Funds rate should be a big headwind for equities, but seven decades of returns data show that stocks in general have performed admirably on average, both concurrent with and subsequent to increases (as well as decreases) in the Fed Funds rate. This is the case over 3-, 6-, and 12-month time spans, with Value Stocks leading the charge no matter the direction. Anticipation of significantly tighter monetary policy spurred higher rates across the various maturities of the yield curve. Of course, moves back into … [Read more...] about 2023 Value Stock Picks: Fed Punching A Hole In The Punch Bowl
8 Tips For Black Women Navigating Tech Layoffs
Share to Twitter Share to Linkedin The mass tech layoff impacted women across the board and turned the tables in the tech industry. Perseverance and practical advice from experts are needed more than ever, especially for the BIPOC woman in tech. According to Crunchbase , over 58,000 U.S. tech workers have been laid off due to budget and job cuts in 2023. Sadly this is just the beginning, and more layoffs will take place throughout the year. In January, data from layoffs.fyi , shows another wave of layoffs took place with private and public startups across the U.S. workforce. Some notable companies are: Coinbase 2,110 layoff's Amazon 18,000 layoff's Salesforce 9090 layoff's (Google) Alphabet 12000 layoff's SAP 3000 layoff's IBM 3900 layoff's The economy has made a drastic shift to deal with the reality of the tech fast growth mentality and hiring quickly and recklessly. According to Crunchbase , in 2022, when the … [Read more...] about 8 Tips For Black Women Navigating Tech Layoffs
No immediate impact on Adani entities’ credit profiles from Hindenburg report: Fitch Ratings
Adani group Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Fitch Ratings says there is no immediate impact on the ratings of the Fitch-rated Adani entities and their securities following the Hindenburg Research report alleging malpractices at India’s Adani group, and expects no material changes to its forecast cash flow. There are also no near-term significant offshore bond maturities – earliest in June 2024 for Adani Ports and Special Economic Zone Limited (APSEZ, BBB-/Stable); December 2024 for Adani Green Energy Limited Restricted Group 1 (AGEL RG1, BB+/Stable); and 2026 or beyond for all other entities – reducing refinancing risks and near-term liquidity risks. “Our ongoing monitoring will be looking closely at any major changes to the rated entities’ access to financing or cost of financing on a long-term basis, … [Read more...] about No immediate impact on Adani entities’ credit profiles from Hindenburg report: Fitch Ratings
Budget 2023: TDS on listed bonds may hit investor returns; here’s what experts say
The returns on the investment in listed bonds are likely to be impacted in the coming days as the government in the Union Budget 2023 has removed the exemption from tax deduction at source (TDS) on these securities, experts said. In the Finance Bill 2023, the government announced the omission of clause (ix) under section 193 of the Income Tax Act, which provides an exemption from TDS on interest payments on listed bonds. So accordingly, now all bondholders have to pay TDS on their returns, which will reduce their returns. “The returns of investors will decrease because of TDS applicable now on all interest on securities be it listed or unlisted,” said Umesh Kumar Tulsyan, Managing Director, Sovereign Global. “It affects the returns. A bit of illiquidity will crop up due to this. Held-to-maturity (HTM) investors or those who have exemptions from tax like mutual funds, insurance companies, and provident funds, among others, shall not be impacted as such,” said Ajay … [Read more...] about Budget 2023: TDS on listed bonds may hit investor returns; here’s what experts say
15 Tips For Tech Companies Launching Physical Products
Share to Twitter Share to Linkedin Tech entrepreneurs and companies with digital offerings may choose to expand their offerings to include physical products. An essential first step, of course, is developing an offering that truly addresses a market need. However, a great product alone won't guarantee success, and tech companies must be prepared for the unique challenges that come along with a physical launch. To help, the members of Forbes Technology Council offer 15 expert tips for moving into the physical product space. 1. Gauge Customer Response Although it’s important to get internal buy-in within your organization before moving into the product space, the real key to a successful marketing and sales approach is validating your value proposition within your customer base. Gauging customers’ perceptions and needs can help you tailor your strategy and ensure you’re creating products that deliver real value. - Kevin MacDonald , Bluesight 2. … [Read more...] about 15 Tips For Tech Companies Launching Physical Products
How Fashion Concept Shop, Curio, Became Miami’s Most Desirable Shopping Destination
Share to Twitter Share to Linkedin There’s a saying that says hard work + timing + talent = success. Sometimes, luck is even thrown into that equation. It’s clear that for the founders of Curio, the Miami-based high-fashion concept store, Danielle Licata and Jeffrey Lasota, they not only have all the ingredients for the recipe for success, but they have made one heck of a smorgasbord out of it. The duo launched Curio in the Faena Bazaar in December of 2019, literally moments before the pandemic gripped the world. For that reason alone the curated retail experience had every reason to fail. Curio entered the market as a high-end retail concept the size of a small department store which launched within a climate where e-commerce was pinned against brick and mortar. And then, the world was hit with the most catastrophic global event in recent history. At this point, the odds did not look good for the founders, but unbeknownst to them at that moment, timing was … [Read more...] about How Fashion Concept Shop, Curio, Became Miami’s Most Desirable Shopping Destination