When one thinks of Tesla (TSLA), he likely envisions luxury electronic cars. Tesla's early Roadster concept and Model S are extremely popular, highly demanded, and super expensive machines (the Model S is the only car with a resale value above its initial purchase price). Thus, it's no secret that Tesla caters to a wealthy clientele.
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Apple's New Watch
Apple (AAPL) has a lot riding on its upcoming fall product releases. Both a new iPhone and smart watch will likely be announced in the coming months; specifically, Apple will address release specs for the iPhone 6 on September 9th. In the week prior, I outlined what consumers should, logically, expect from the highly anticipated iPhone 6 launch.
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Apple's iPhone 6
For the past few years, from an innovation standpoint, Apple (AAPL) has been marred by a lackluster reputation. Since Steve Jobs passed away, Apple has failed to produce iconic, revolutionary devices. Instead of developing new technology, Apple has, to its credit, tweaked existing products.
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Customers Love Competition
Like so much that emanates from the complex science, the economic idea of “competition” is something of an abstract concept. It can be difficult to envision how the desire of individual firms to outperform one another, in the market, can translate to better products and lower prices in the long-run.
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Apple's Bright Future
As the third quarter came to end, Apple (AAPL) began to tally its earnings. Historically, the third quarter has been marked by slow growth and decreased earnings for Apple, presumably because the company generally releases its new iPhone(s) in the late fall. This strategy curtails mobile phone sales during the summer, as everyone awaits Apple's newest release.
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The App Revolution
Less than two weeks ago, the Apple (AAPL) App Store celebrated its sixth anniversary since launching under Steve Jobs in 2008. Since its inception, the App Store has racked up over 75 billion downloads, and hosts over 1.2 million iOS apps. As impressive as these numbers may be, the App Store is continually overlooked.
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Is Blackberry Back?
In the span of about five years, BlackBerry (BBRY) rose to the peak of the US mobile phone market and then crashed to the bottom. Before 2011, BlackBerry held a larger percentage of the global market share for mobile phones than both Apple (AAPL) and Google (GOOG). In fact, for FY 2009, BlackBerry held 50% of the global market share for smartphones.
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