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 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

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.

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

Apple might be having trouble with its new marketing segmentation. The new entry level for the new iPhone generation is at $699. But, consumers do not seem convinced of this fact, and keep buying the iPhone 7 instead. Additionally, consumers also seem to be waiting for the iPhone X. This leaves the flank open to… Read More Apple might be facing a marketing crisis

Well, it appears to be HP’s fault. 3D Systems (DDD) took a good hit during the last 2 trading days. There aren’t many explanations around, but the fact that Stratasys (SSYS) also took a good hit points toward a common denominator. If we add that HP’s results and outlook presentation occurred simultaneously and that investors… Read More Why 3D Systems has been taking a beat?

Photo credit: Steven Straiton Bloomberg reports that SpaceX has just made a successful launch of another reused rocket. When Musk first talked about building reusable rockets, the whole industry laughed. Now, they are, probably, not laughing. The economics of the whole problem are on Musk’s side, reusable rockets have a marginal travel cost equal to… Read More Musk’s space prowess should be an indicator of what to expect from the Model 3

Coach announced that is changing its name to Tapestry. The company now owns three brands: Coach, Stuart Weitzman and Kate Spade. Victor Luis and his team considered that in order to build a house of fashion company, they needed to change the organizational matrix. Creating an umbrella company clearly indicates that the company is now… Read More New name, new life: Coach is now called Tapestry

Nvidia has unveiled its third generation Drive PX automotive line, code-named Pegasus. This platform represents a 13-fold improvement in the calculating power of the previous line. It is expected that this chip allows fully autonomous driving. This is the continuation of a race towards level 5 autonomous vehicles. Intel is also in this race with… Read More Nvidia unveils third generation automotive chips for autonomous cars