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.
Teens want to buy an iPhone now more than ever (Business Insider)
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.
A collection of mostly investment related links that I wish I had the ability to write or create.
Apple is sitting on ‘a powder keg of dramatically aging’ iPhones (Business Insider)
Starbuck’s float. Starbuck’s has as much money as a midsized bank sitting in customer cards. (Huffington Post)
Is Novartis about to do an acquisition to spur growth? (Bloomberg Gadfly)
How a bunch of NFL players lost $43 Million through a “Financial Advisor” recommended by their own union, the NFLPA. (60 Minutes)
Is Disney a buy now after a 19% price decline? (Sure Dividend)
“Value Trap” is a label tossed around these days when discussing Oracle and that’s because of AWS. (Stratechery)
The Motley Fool interviews Michael Mauboussin (Motley Fool)
The Art of Doing Nothing (A Wealth of Common Sense)
Authorities Break Up Active Management Cell (Josh Brown aka The Reformed Broker)
CNBC’s interview with John Malone
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”.
A collection of links to articles and podcasts that I wish I had the talent to create.
Apple’s third quarter 2016 results in charts. (Six Colors)
Is Apple the first trillion dollar company? (SumZero)
“Avoiding huge mistakes at the wrong times is half the battle. Try to learn from the mistakes of the previous generations who have come before you.” (A Wealth of Common Sense)
“Valuation is generally the first and last thing I look at when researching a new business.” (Medium)
Six Companies Rewarding Shareholders With Regular Dividend Hikes (Dividend Growth Investor)
Morgan Housel and all the smart sounding reasons to sell stocks since 1950.
Ted Weschler makes his mark. (Institutional Investor)
“Sell Donald Trump” from Grant’s Interest Rate Observer back in 1987. (Grant’s)
Hallelujah by Jeff Buckley is one of the most beautiful songs but it was a long twisting road combined with a lot of luck that we ever heard the song. (Revisionist History)