An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Tuesday, July 21, 2015
Apple iPhone shipments, revenue forecast miss estimates. Yahoo Q2 profits miss estimates
Here we go.
Is this the slowdown in topline government spending percolating through the economy?
I found an iPhone6 this morning. I was returning my shopping cart to the cart station in the parking area, and when I was sliding it into the front cart I noticed a phone in that cart. I was in a rush, it was raining, no one around, so decided to get home first and deal with finding the owner then. I kept the phone open on the drive home just in case the owner called. When I got home 15 minutes later, I noticed a message on the phone: "If you find this phone please call ..." Great -- there was a number, so I called immediately. A woman answers and I tell her that I found her phone. I give her my address, and she tells me her husband will be coming to pick it up.
5 minutes had not gone by and my doorbell rings. Strange, I thought -- could it be him so fast? I barely buzzed him in, and he pushes the door with a hard thrust and demands the phone. The guy startled me, and he looked angry. And then he says that he was tracking me all this time (which explains how he got here so fast) and why hadn't I picked up when he was calling. Right there I regretted my Good Samaritan act. Anyway, I tell him that the phone never rang and I called as soon as I saw the text message when I got home. "Did your wife tell you I called," I said to him. "Yes." "So. then, why are you behaving as if I were planning on keeping the phone"? Doesn't say a word, just stares at me and asks for the phone again. Whatever, I hand him the phone and he walks out -- no thank you, no good bye.
It was a brand new iPhone6. In Canada, they sell for $1000. You'd think a little tip maybe? No tip ... no thank you ... not even a lousy goodbye. And the thought of the tracking beacon kinda spooked me a bit. A friend of mine said I should have kept it. No, I couldn't do that -- but, man, do I feel like a putz today ...lol Sorry for wasting your time, guys :(
Yeah, that's interesting about the iPhone shipments ;)
After three years IF the economy finally starts to really contract due to falling TOP LINE spending as we have been focused on here, then Mosler will undoubtedly tell everyone how he "called" it.
And if, one day, the euro ever goes back up again to new highs, then Mosler will say he "called" that, too.
So is Mosler right (for the wrong reasons.)
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteiPhones, eh?
ReplyDeleteIf I may, I need to get this off my chest :)
I found an iPhone6 this morning. I was returning my shopping cart to the cart station in the parking area, and when I was sliding it into the front cart I noticed a phone in that cart. I was in a rush, it was raining, no one around, so decided to get home first and deal with finding the owner then. I kept the phone open on the drive home just in case the owner called. When I got home 15 minutes later, I noticed a message on the phone: "If you find this phone please call ..." Great -- there was a number, so I called immediately. A woman answers and I tell her that I found her phone. I give her my address, and she tells me her husband will be coming to pick it up.
5 minutes had not gone by and my doorbell rings. Strange, I thought -- could it be him so fast? I barely buzzed him in, and he pushes the door with a hard thrust and demands the phone. The guy startled me, and he looked angry. And then he says that he was tracking me all this time (which explains how he got here so fast) and why hadn't I picked up when he was calling. Right there I regretted my Good Samaritan act. Anyway, I tell him that the phone never rang and I called as soon as I saw the text message when I got home. "Did your wife tell you I called," I said to him. "Yes." "So. then, why are you behaving as if I were planning on keeping the phone"? Doesn't say a word, just stares at me and asks for the phone again. Whatever, I hand him the phone and he walks out -- no thank you, no good bye.
It was a brand new iPhone6. In Canada, they sell for $1000. You'd think a little tip maybe? No tip ... no thank you ... not even a lousy goodbye. And the thought of the tracking beacon kinda spooked me a bit. A friend of mine said I should have kept it. No, I couldn't do that -- but, man, do I feel like a putz today ...lol Sorry for wasting your time, guys :(
Yeah, that's interesting about the iPhone shipments ;)
Random:
ReplyDeleteAfter three years IF the economy finally starts to really contract due to falling TOP LINE spending as we have been focused on here, then Mosler will undoubtedly tell everyone how he "called" it.
And if, one day, the euro ever goes back up again to new highs, then Mosler will say he "called" that, too.
I don't listen to the guy.
Will the GOP crazy libertarians win in 2016? If they do seems likely.
ReplyDeletejesus lastgreek, that's quite the story. what ungrateful owners, sounds like you should have just destroyed the damn thing!
ReplyDelete