Will The Apple Watch Flop?

The Apple Watch, formerly known as the “iWatch,” made its debut last week. TV reporters were at Apple stores hoping to report on the assumed big crowds. But there weren’t any. It was a strange “launch” because people couldn’t get the watch, just place an order online.

What to do when there is no crowd? Interview the CEO, Tim Cook. He was all excited about the congratulatory phone calls he received from around the world. He didn’t say how many watches he sold on those calls.

Fox Business news reported this:

Apple— What’s For An Encore?

My last article on this much loved firm was written on Forbes.com before the announcement of the new products on Sept. 9, 2014. That article discusses the contracting financial metrics of Apple. In the article below I discuss the newly announced products. Here are my impression. Some readers may disagree but these are my opinions, not based on emotions, but on facts and observations:

Over the next several weeks, investors will hear a lot about soaring Iphone sales, the wonders of Apple technology, the Apple watch next year, Apple Pay, etc.

Why Are Stocks Still Rising? Is This A Bubble?

Here is an article by Bert Dohmen, our founder, on Forbes.com, of July 24, 2014.

Investors often ask me, “why is the stock market still going up after five years?” They think it must mean ‘prosperity is ahead.’ Actually, it’s largely due to financial engineering: stock buybacks.

It’s important to see who has been doing the big buying. The only big buyers of stocks over the past five years are the Sovereign Wealth Funds of countries and corporations buying back their own stocks (buybacks). The amount is well over $1 trillion per year.