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☆ A top-1% fund manager over the past 3 years shares how he's consistently outperformed throughout wildly different markets — and 8 of his favorite places to invest right now
▼ + stars: | 2023-06-09 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Here are eight companies or areas of the market that Muhlenkamp said he's bullish on. Regardless of what's happened in the economy or markets, the veteran investor's namesake Muhlenkamp Fund (MUHLX) has found a way to dominate. Although energy stocks have since reversed to become the worst-performing sector of 2023, Muhlenkamp said he's stuck with the group while riding the broad rebound in technology stocks. Two other tech companies Muhlenkamp mentioned are semiconductor firms Broadcom (AVGO) and Microchip (MCHP). Outside of technology, Muhlenkamp said he continues to like stocks tied to housing and financials, including certain regional banks.

Persons: Jeff Muhlenkamp, Muhlenkamp, he's, I'd, Morningstar, Goldman Sachs, they've, they're, He's Organizations: Muhlenkamp, Apple, Microsoft, Apple Watch, Vision, Broadcom, Bank, Federal Locations: Regional

☆ Apple exec shows off his guitar skills, proves his guitar solo in pre-recorded event was legit
▼ + stars: | 2023-06-09 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

While it received a lot of buzz, so did a surprising guitar solo from Apple exec Craig Federighi. Federighi demonstrated his guitar skills again during an interview this week. But a guitar solo from one Apple executive during the livestream may have stolen the show. In the pre-recorded video clip from the WWDC keynote stream, Craig Federighi, Apple's senior vice president of software engineering, is shown wearing a leather jacket and holding a triple-neck electric guitar. Gruber, who runs the Apple-focused blog DaringFireball.net, was also joined by Greg Joswiak, Apple's senior vice president of worldwide marketing.

Persons: Craig Federighi, Federighi, Apple's, John Gruber's, Gruber, Greg Joswiak, Joswiak, Craig Organizations: Apple, company's, WWDC, YouTube

☆ Why AI wasn't mentioned at all during Apple's big WWDC presentation
▼ + stars: | 2023-06-06 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

Apple execs didn't mention AI once during the company's WWDC keynote. It was a deliberate choice and a stark contrast to other Big Tech companies that have embraced the term. During Microsoft, Meta, Alphabet, and Amazon's first quarter earnings calls in April, AI was cumulatively mentioned 168 times, for example. Most other Big Tech companies would likely tout these as "AI innovations" to appeal to the current enthusiasm around the term. The word wasn't mentioned one time during the entire keynote, even though many rivals would likely use the word to describe the Vision Pro headset.

Persons: —, Tim Cook, Apple execs, Amazon's, Cook, Apple, There's, Siri Organizations: Apple, Big Tech, Morning, Microsoft, Google Locations: Valley, Dutch

☆ Apple's new Vision Pro is amazing, but there's no good reason to buy it, and lots of reasons not to
▼ + stars: | 2023-06-06 | by ( Michael Gartenberg | ) www.businessinsider.com time to read: +6 min

Apple has chosen AR/VR as the next big area to pursue with its new Vision Pro glasses. The product, which was shown off during an extensive demo by Apple on Monday, is called Apple Vision Pro (AVP). It represents years of research and the first major Apple product launched without the guiding hand and showmanship of the late Steve Jobs (if one doesn't count the Apple AirPods or Watch as major new products, and I do not.) And the Vision Pro isn't likely to have one either. Apple's Vision Pro can be used for FaceTime conversations AppleWith just their eyes, consumers already have large-screen viewing and playing experiences with 4K monitors on their walls connected to excellent video game consoles.

Persons: Apple, Michael Gartenberg, Steve Jobs, Apple —, it'd Organizations: Apple, Apple Vision Pro, Meta, Microsoft, iTunes Ping, AVP, Mac, Consumers Locations: Patagonia

☆ I tried the Apple Vision Pro mixed-reality headset — here's what it's like
▼ + stars: | 2023-06-06 | by ( Steve Kovach | ) www.cnbc.com time to read: +7 min

related investing news Here's what analysts are saying about Apple's new Vision Pro headset The promise of Apple's new mixed-reality headset isn't really about the headset I got to take one for a test drive. The Vision Pro isn't large enough to fit glasses if you wear them. Even though most of the focus with Apple Vision is on the visuals, I was equally impressed by the audio. The Vision Pro has a pair of speakers that sit near your temples and provide a surround sound effect. But as someone who has tried just about every mainstream headset to date so far, I can tell you that Vision Pro feels like a $3,500 machine.

Persons: Josh Edelson, It's, Siri, I've, Apple, — audibly Organizations: Apple's Worldwide, Apple, AFP, Getty, Apple Watch, Quest, Vision, Meta's Locations: Cupertino , California

☆ Apple's Vision Pro has a familiar fatal flaw: They are nerd goggles that will make most people look uncool
▼ + stars: | 2023-06-05 | by ( Alistair Barr | ) www.businessinsider.com time to read: +4 min

This is the reality for Apple's Vision Pro mixed-reality headset: It's another pair of nerd goggles that will make most people look decidedly uncool. For now, the Vision Pro has failed to do pull this off. Its hard to imagine Apple Vision Pro ever becoming cool. Would she be impressed by a guy wearing a $3,499 Apple Pro Vision headset? The ultimate goal is probably to pack all the prowess of the Vision Pro into a cool slim pair of glasses.

Persons: Scott Galloway doesn't, it's, Max, Apple, —, Scott Galloway, Mark Gurman Organizations: Apple, Apple's, NYU, Apple Watch Locations: New York City, New York

☆ Today's the day: Apple is expected to reveal a 'jaw dropping' new product that faces an uphill battle
▼ + stars: | 2023-06-05 | by ( Michael Liedtke | Associated Press | ) www.businessinsider.com time to read: +8 min

It'll be the company's first major new product since the first Apple Watch in 2014. Apple's goggles are expected be sleekly designed and capable of toggling between totally virtual or augmented options, a blend sometimes known as "mixed reality." Magic LeapDaniel Diez, Magic Leap's chief transformation officer, said there are four major questions Apple's goggles will have to answer: "What can people do with it? The anticipation that Apple's goggles are going to sell for several thousand dollars already has dampened expectations for the product. But those forecasts were obviously made before it's known whether Apple might be releasing a product that alters the landscape.

Persons: It'll, Apple, Steve Jobs, hasn't, Mark Zuckerberg, Tim Cook, Cook, it's, Sergey Brin, Daniel Diez, Magic, Dan Ives, Zuckerberg, Leap's Diez Organizations: Apple, Apple Watch, Meta, Google, Microsoft, Wedbush Securities, CCS Insight Locations: Cupertino , California, Italy, San Francisco

☆ The Splashy New Headphone Feature You Might Want to Avoid
▼ + stars: | 2023-05-30 | by ( Sal Vaglica | ) www.wsj.com time to read: 1 min

CASE CLOSED Two new wireless headphones have emerged with a novel feature: a touch- screen case. Our intrepid writer put them to the test. Illustration: Dan PageENEMIES OF screen time, beware. Earlier this year, two sets of wireless earbuds arrived on the market with cases that sport touch screens to control the headphones. The JBL Tour Pro 2 ($250) features a color display comparable in size to that on certain Apple Watches while the Poly Voyager Free 60+ UC ($330) has a slightly smaller screen.

☆ Memorial Day AirPods Pro 2 deal provides a sweet $50 discount
▼ + stars: | 2023-05-29 | by ( Brendan Griffiths | Senior Commerce Director | ) www.businessinsider.com time to read: +3 min

We've been covering the Memorial Day sales highlights in detail today, but this might just be the pick of the bunch as it bring the AirPods Pro 2 down to their lowest price at $199.99. Today's best AirPods Pro 2 dealNo iPhone? If you do want to be aware of your surroundings, when running outdoors perhaps, the transparency mode is excellent at feeding outside noise in. Mic quality is good in quiet rooms and does a good job of blocking out outside noise in busier environments. Be sure to take a look at Antonio's AirPods Pro 2 review.

☆ Factbox: Amazon to Walmart, investors in India boost Modi ahead of vote
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +2 min

AMAZONAmazon Web Services said it planned to invest $13 billion in India by 2030 to build its cloud infrastructure and create thousands of jobs. APPLE (AAPL.O)The U.S. tech giant launched its first company-owned store in Mumbai last month and then another in New Delhi. CISCO SYSTEMS (CSCO.O)The U.S. networking equipment maker will begin manufacturing from India as it looks to diversify its global supply chain. It has set a target of $1 billion in production and exports from India over the next few years. WALMART (WMT.N)The retail giant's CEO met Modi this month and reiterated that the company planned exports from India worth $10 billion a year by 2027.

☆ Amazon announces new Echo with funky design and revamped earbuds
▼ + stars: | 2023-05-17 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +1 min

In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNTAmazon announced the Echo Pop, which sports a semi-sphere design and a front-facing speaker. AmazonAmazon on Wednesday announced two new Echo smart speakers, including one with a funky, semisphere design, and a revamped version of its Echo Buds headphones. The Echo Pop will cost $39.99, making it cheaper than many of Amazon's existing Echo devices. In a departure from the earlier Echo Buds, the headphones aren't fully in-ear and have a short stem. Amazon introduced a third-generation version of its Echo Buds headphones.

☆ Apple supplier Foxconn to invest $500 mln in India's Telangana state
▼ + stars: | 2023-05-15 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/Illustration/File PhotoBENGALURU, May 15 (Reuters) - Apple Inc (AAPL.O) supplier Foxconn (2317.TW) will invest $500 million to set up manufacturing plants in the southern Indian state of Telangana, the state's IT minister said on Monday. loadingReuters in March reported that Foxconn had won an order to make AirPods for Apple and planned to build a factory in India to manufacture the products. Apple has been shifting production away from China, where prior COVID restrictions disrupted the manufacturing of new iPhones and other devices. Foxconn in late March received approval from the Karnataka government for a $968 million investment in the state. Reporting by Chris Thomas in Bengaluru; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.

☆ AirPods Pro 2 are $50 off today - a steal for these incredible noise-cancelling earbuds
▼ + stars: | 2023-05-11 | by ( Brendan Griffiths | Senior Commerce Director | ) www.businessinsider.com time to read: +4 min

Our favorite AirPods Pro 2 deal is back, so act fast if you want to save a massive $50 off the MSRP right now. This deal pops up every few months but never lasts more than a day or so given how popular the excellent noise-canceling earbuds have become. Today's best AirPods Pro 2 dealNo iPhone? Mic quality is good in quiet rooms and does a good job of blocking out outside noise in busier environments. Be sure to take a look at Antonio's AirPods Pro 2 review.

☆ Restaurants embrace premium reservations to target big spenders
▼ + stars: | 2023-05-06 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

When cities and states rolled back lockdown rules, many implemented new orders for restaurants to help with contact tracing, such as requiring customers to book tables in advance. As a result of those pandemic-fueled changes, restaurants and the companies that help them book their tables are targeting big spenders with premium reservation options to drive higher sales. About two-thirds of SevenRooms' restaurant clients use its software to promote special experiences or sell upgrades when customers book reservations. Page said the move toward premium restaurant reservations can partially explain why it feels like it's so much more competitive to book a table in advance these days. "I kind of don't like the whole 'Disney FastPass line' of restaurant reservations," he said.

☆ Apple stakes future growth on emerging markets, starting with India
▼ + stars: | 2023-05-05 | by ( Stephen Nellis | ) www.reuters.com time to read: +3 min

[1/2] Apple CEO Tim Cook gestures during the inauguration of India's first Apple retail store in Mumbai, India, April 18, 2023. Cook is betting that those markets will provide more opportunities for growth, with their youthful populations and relatively few iPhones. "We're putting efforts in a number of these markets and really see, particularly given our low share and the dynamics of the demographics, a great opportunity for us in those markets," Cook told investors during a conference call. India led the growth with a 19% jump, according to Counterpoint, with iPhones accounting for 11% of secondary smartphone sales in India. In an interview with Reuters on Thursday, Apple's Cook said little of Apple's direct iPhone revenue comes from refurbished devices.

☆ Apple Set to Report Weaker Sales for Second Straight Quarter
▼ + stars: | 2023-05-04 | by ( Aaron Tilley | ) www.wsj.com time to read: 1 min

Apple’s AirPods don’t last very long, and Apple won’t fix them. Photo Composite: David FangApple is expected to report that sales declined for a second straight quarter as demand has waned for some of its products after reaching record levels during the pandemic. The tech giant’s revenue for the three months ended in March is projected by analysts to be $92.9 billion, according to FactSet, down more than 4% from the year-earlier period. Net income is expected to drop nearly 10% year-over-year to $22.6 billion when Apple reports its fiscal second-quarter earnings after markets close Thursday.

☆ Apple beats revenue, profit estimate on iPhone sales growth
▼ + stars: | 2023-05-04 | by ( Stephen Nellis | ) www.reuters.com time to read: +4 min

Profit was flat at $1.52 per share, compared with estimates of a 5.7% fall to $1.43 per share, according to Refinitiv data. IPhone sales rose 1.5% to $51.33 billion, compared with analyst expectations of a 3.3% decline to $48.9 billion, according to Refinitiv. Mac sales fell more than 30% to $7.17 billion compared with analyst estimates of a 25% decline to $7.8 billion, according to Refinitiv. Apple's sales fared only slightly better than PC unit shipments in the market, which fell 33% in the calendar first quarter, according to Canalys data. Both were roughly the same as the 23 cents-per-share dividend and previous $90 billion share repurchase increase the company announced a year ago.

☆ Chase cardholders can buy Apple products with Chase points through Ultimate Rewards with up to a 50% bonus for a limited time
▼ + stars: | 2023-05-01 | by ( Joseph Hostetler | Jasmin Baron | Credit Cards Reporter | ) www.businessinsider.com time to read: +11 min

Chase points are unusually valuable for Apple products in May 2023. You'll get a 10% to 50% bonus (1.1 to 1.5 cents per point) depending on the Chase card you have. Normally, Chase points are worth 1 cent apiece toward Apple purchases made through Chase. Earn 3x points on dining, including eligible delivery services, takeout, and dining out. Earn 3x points on dining, including eligible delivery services, takeout, and dining out.

☆ Border patrol seized $290,000 worth of counterfeit Apple AirPods Pro and Watches at Virginia airport
▼ + stars: | 2023-04-27 | by ( Will Gendron | ) www.businessinsider.com time to read: +2 min

US Customs and Border Patrol officers detained four shipments of Apple products suspected to be fake. The products, Apple AirPods Pro and Apple Watches which came from China, were seized. Handbags and wallets were the most common items seized, accounting for 30.3% of all seizures, the agency reported. Counterfeit Apple products are nothing new. In 2020, Apple removed more than one million online listings for counterfeit products, with most of these sellers based in China.

☆ This Skort Is the Best Summer Clothing Item I’ve Ever Purchased
▼ + stars: | 2023-04-24 | by ( ) www.wsj.com time to read: +4 min

By Madeline DiamondDressing for the summertime (especially in hot and sticky New York City) has always been a pain for me. For the past two summers, I’ve lived in the brand’s Sport Skort. Instead, I’m full of confidence when I wear it, thanks to the security of built-in bike shorts that have a compressive but not restrictive fit. Plus, the summer heat was no match for the skort’s soft, stretchy blend of RPET (a fabric sourced from recycled plastic bottles) and spandex. Up close, its texture looks like a typical pair of leggings, yet the fabric’s matte finish makes it blend nicely with dressier clothing.

CNN —A woman delivering for DoorDash in Florida was attacked and kidnapped before being rescued by her family members, police say, and a male suspect has been arrested. Family members then called police, and officers were dispatched to the hotel. The victim’s family, who had been tracking her phone, arrived at her location and rescued her from the car, authorities said. Joseph Killins has been charged with armed kidnapping, robbery with a firearm, armed sexual battery and aggravated battery with a weapon, authorities said. Killins was then arrested late Friday night and charged with the DoorDash delivery driver’s kidnapping and battery, among others.

☆ A DoorDash driver was kidnapped at gunpoint while making a delivery to a Tampa hotel. Her family tracked her phone and rescued her.
▼ + stars: | 2023-04-23 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +2 min

A DoorDash driver was kidnapped while attempting to make a delivery at a Tampa hotel. The victim was on a call with her girlfriend at the time of the attack, and she alerted the family. The family tracked her phone and tracked her down. The woman's family tracked her phone to the Belara Lakes Apartments on N. Waterford Avenue and rescued her from the car. Both the DoorDash driver and the wounded woman were transported to a nearby hospital with non-life-threatening injuries.

☆ AirPods Are Unrepairable. Here’s Why.
▼ + stars: | 2023-04-21 | by ( Dalvin Brown | ) www.wsj.com time to read: 1 min

E28How Smartphone Cases Are Ready for New iPhones Even Before They Release As soon as Apple releases new products, third-party cases and compatible accessories seem to instantly hit the shelves. How is this possible when cases can take months to design and mass produce? WSJ’s Dalvin Brown explains. Illustration: Elizabeth Smelov

Apple mainly assembles iPhones in India through Taiwan contract manufacturers but plans to expand into iPads and AirPods, as it looks to cut reliance on China. His comments came after a meeting on Wednesday with Apple Chief Executive Tim Cook in the capital, New Delhi. He inaugurated an Apple store in New Delhi on Thursday two days after opening its first outlet in Mumbai, the commercial capital. "We've come here only to see Tim Cook," said Manika Mehta, 32, an Android phone user who queued at the Delhi store. I'm drawn to Tim Cook, seeing the man he is and the journey."

☆ Tim Cook uses a 1-sentence mantra to process criticism—without it, he 'wouldn't be able to function'
▼ + stars: | 2023-04-20 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

When Cook took the helm of the tech giant in August 2011, he faced widespread skepticism that he could effectively fill Steve Jobs' shoes, he recently told GQ. The criticism didn't stop there — Cook has since faced backlash for his pay package, Apple's return to work policy and his idea of innovation. Cook even faced criticism from Jobs himself, according to Walter Isaacson's 2011 biography "Steve Jobs." Cook himself has a net worth of $1.9 billion, according to Forbes — much of that due to Apple's financial success. I think he was a once-in-a-hundred-years kind of individual, an original by any stretch of the imagination," Cook told GQ.

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