Peak innovation? What do call an iPhone 5S with some upgraded internals but costs twice as much? Simple. Meet the iPhone SE (Suckers' Edition?)
The 4-inch iPhone 5S sells for $199.
The 4-inch iPhone SE sells for $399...
The new iPhone may be nothing more than a rebranded three year old 5S (now in rose gold), but, according to 'Twitter' it has all these "must have" features:
One week ago, we were surprised to see that none other than data aggregator Factset has joined the "crusade" against fabricated non-GAAP numbers. This is what it said:
It may be option expiration day (always leading to abnormal market activity) but it remains all about the weak dollar, which after crashing in the two days after the Fed's surprisingly dovish statement has put both the ECB and the BOJ in the very awkward position that shortly after both banks have drastically eased, the Euro and the Yen are now trading stronger relative to the dollar versus prior.
Reader Geoff Guth has a great comment:
I recently moved back to Arizona to (finally!) complete my education. Until the semester begins, I’m supporting myself by driving a tow truck. So I’ve got an interesting perch to observe some of the problems of the working class first hand.
Today Janet Yellen and the FOMC will go back to square one and try to reset global expectations unleashed by the ill-fated December rate "policy mistake" hike, when at 2pm the Fed will announce assessment of the economy (even if not rate hike is expected today) followed by Yellen press conference half an hour later.