iPhone Most Popular Smartphone Amongst Teenagers

I guess the iPhone isn’t just for the gray hairs anymore.

PiperJaffray conducted a purchasing survey on the smartphone teenagers, 14-18 years old, are most likely to purchase. The iPhone came out on top by a large margin.

The iPhone is at a peak of popularity among teens between the ages of 14 and 18, according to a survey from investment bank PiperJaffray.

The Apple handset has jumped up 6% in purchase intent amongst teens in a year. At 81%, it’s the highest purchase intent of any mobile phone and the highest the iPhone has gotten since 2013.

Table from PiperJaffray via Business Insider. Click image to enlarge.

Source:

Teens want to buy an iPhone now more than ever (Business Insider)

The iPhone is Possible Because of Military Technology Research

One my favorite new podcasts is the BBC’s 50 Things That Made the Modern Economy.

Each episode is about 10 minutes long but packed with information.

The latest episode discusses the greatest selling product in the history of the world so far, the iPhone, and how it was made possible by a lot of military research.

50-things-that-made-the-modern-economy
Click image to go to the episode.

John Malone on Splitting Up Disney & Spinning Off ESPN

John Malone appeared on CNBC and gave his thoughts about Apple buying Disney (DIS) and then spinning off ESPN. Most likely a cable company, a “distributor”, would then buy ESPN.

It’s John just thinking out loud because as he said, “it’s fun to speculate”.

What’s Wrong with Apple Becoming Like This?

Quartz recently suggested that Apple is the new IBM. If Apple was becoming like IBM in its aggressive accounting then I would be worried. The comparison of Apple to IBM is the following.

Of course, Berkshire Hathaway’s stake is actually just an acknowledgement of the direction Apple has been heading in for years under CEO Tim Cook. Since taking the helm in 2011, Cook has essentially been tasked with managing the transformation of Apple from a fast-growing company seemingly immune to the law of large numbers, to a more stately—but still incredibly profitable—corporate powerhouse that consistently showers shareholders with dividends and buybacks.

So what’s wrong with being incredibly profitable that showers shareholders with dividends and buybacks?

It’s not sexy for one thing. People can’t brag anymore about how much and how fast their Apple investment is growing. If you’re investing for sex appeal then you’re doing it wrong to begin with. If this is your style of investing then just buy a t-shirt that says you own shares in the latest hottest company.