Apple in all-time high supported by “exceptional demand” for the iPhone X

CNBC is quotting Nomura’s analyst Jeffrey Kvaal stating that the demand for the iPhone X is “exceptional.” Apple had already stated, on Friday, that “We can see from the initial response, customer demand is off the charts.” However, note that the problems involving the production of key components for the X line have not disappeared. The… Read More Apple in all-time high supported by “exceptional demand” for the iPhone X

Musk unveils first photo of his experimental LA tunnel

Musk shared a photo of the tunnel his recent venture, The Boring Company, is building in Los Angels. The rationale behind this venture is the idea that so far high density cities have continuously built higher buildings (high density), while the transportation ways have been kept mostly two-dimensional. Therefore, we have huge highway bottlenecks and… Read More Musk unveils first photo of his experimental LA tunnel

Hydrogen cars may be a dumb bet, but Toyota is not backing-off.

In the battle for the future of personal transportation (aka car), Toyota is not putting all the eggs in the same basket. Unlike Tesla, Toyota is diversifying its car portfolio of non-internal combustion engines by having all-electric vehicles based on lithium batteries and hydrogen fuel-cells. For a long time, Elon Musk has argued that fuel-cells… Read More Hydrogen cars may be a dumb bet, but Toyota is not backing-off.

Nike is likely to revise its $50 billion revenue goal

Today’s Bloomberg piece on Nike (NKE) is another take on the $50 billion sales goal for  2020 (I have also written about it here). Nike’s management will most likely revise this goal during its investor day, tomorrow. The main problems affecting Nike are the high expectations generated by the management team, back in 2015, and the disruption… Read More Nike is likely to revise its $50 billion revenue goal