The International Monetary Fund is pressing the eurozone to let Greece skip paying interest or principal on bailout loans until 2040, say officials familiar with the talks—a demand that goes far beyond what Greece’s European creditors have said they are willing to do.
Source: IMF Proposes Eurozone Debt Relief for Greece Until 2040 – WSJ
The Greek saga would be funny, if it wouldn’t be so tragic…
With this risk-reversal option strategy you end up either buying AAPL at $80 if it trades under $80 in October, or at $100 if it trades over $100 in October, and you pay nothing upfront for it.
It’s a bet that iPhone 7 has a few tricks up its sleeve and the AAPL share price climbs back over $100.
Source: How to get long shares of Apple at no cost–but there’s a catch
The investment gives Apple, which has hired dozens of automotive experts over the past year, a sizeable stake in Uber Technologies Inc’s chief rival in China. Cook said in an interview that he sees opportunities for Apple and Didi Chuxing to collaborate in the future.
„We are making the investment for a number of strategic reasons, including a chance to learn more about certain segments of the China market,” he said. „Of course, we believe it will deliver a strong return for our invested capital over time as well.”
Source: Apple invests $1 bln in Chinese ride-hailing service Didi Chuxing
Apple is not spending $10 billion on R&D just to come up with new Watch bands, larger iPads, or a video streaming service. Instead, Apple is planning on something much bigger: a pivot into the automobile industry.
Source: Above Avalon: Apple R&D Reveals a Pivot Is Coming
First came the PC, and on top of the PC the Internet. Then, mobile, but what will rule mobile?
Source: The Facebook Epoch – Stratechery by Ben Thompson
The combination of a slowing iPhone upgrade rate and declining number of growth catalysts for expanding the iPhone’s addressable market will make it very difficult for management to report unit sales growth going forward given its current strategy. In addition, the iPhone SE highlights how any strategy to fix some of these issues will likely end up jeopardizing iPhone ASP and margin trends.
Source: Above Avalon: iPhone Warning Signs
Structural reforms are needed to bolster growth but their upfront costs further strengthen opponents of change
Source: Has the global economic growth malaise become the ‘new normal’? | Business | The Guardian