Month: October 2011

Can Apple Continue the Trend?

Post author By cameronfrick
Post date October 9, 2011
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If you live somewhere where his products are available, you have definitely heard by now of the tragic death of former Apple CEO Steve Jobs this past Wednesday. Jobs was a world-class salesman, product developer, and visionary. He was part of the creation of the iPod, iPhone, iPad, and Mac Computer lines, as well as countless other Apple related products over the past few decades. Whether or not Apple can continue on its “hot streak” of developing vastly popular products is now in question. Apple will be able to continue their success if they find a replacement or many replacements to the creative leadership that Jobs contributed to the company. Many people predict that the combination of the introduction of the iPhone 4S instead of an iPhone 5 along with the untimely death of an Apple legend will have a drastic influence on the price of the Apple stock. We’ll have to wait and see.

http://www.ibtimes.com/articles/225916/20111005/steve-jobs-dead-apple-stock-price.htm

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Canadian Dollar Plummeting Recently

Post author By cameronfrick
Post date October 9, 2011
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On September 22nd, the Canadian Dollar took a relative nosedive in comparison to its US counterpart. After falling just over a cent on the 21st, which allowed for a close below parity for the first time since January, the loonie backed that up by descending yet another 2.78 cents the next day. As someone who travels down to the US at least once a week, this sort of drop could affect my families lifestyle quite a bit. Normally, almost all of my families shopping needs, as well as gas and weekly golf tournaments are in the states. Sure a 4 cent drop in two days isn’t going to stop my mom from doing her weekly grocery shop across the line, but another one will surely cause her to question it. I decided to look into the drop a little more in depth, now that I am familiar with a few more of the terms used in the articles on business sites. The main cause for the drop is that rising global economic uncertainty has many investors shifting their interest to the US Dollar. I wasn’t aware before, but apparently the US Dollar is recognized as a safe option when the overall world economy heads south.

http://advisoranalyst.com/glablog/2011/09/22/canadian-dollar-plummets-as-stocks-commodities-sink-worldwide/

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Post author By cameronfrick
Post date October 5, 2011
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Apple unveiled the iPhone 4S to the United States yesterday morning. Apple’s big announcement came after much debate whether it would be the iPhone 5 or an upgraded version of the 4 next in line for the company. At&T uses a faster technology package called high-speed packet access, that increases download speeds to as much as 14.4 megabits per second. AT&T’s counterparts, Verizon and Sprint use a package called CDMA, for which there’s no comparable speed jump. Consumers seeking to purchase the new iPhone 4S will most likely head to AT&T. What did AT&T do to attract these new customers?…Not much! AT&T did in the past choose HSPA over CDMA but at the time there was no real benefit between the two. It was just a choice to take a risk of going along a different path then Verizon and Sprint. It definitely paid off! Although Apple will most likely thrive with the addition of the new product to its line of many high demand products but at the end of the day AT&T is the real winner.