technology

Our take on the investing, financial, & economic themes of the day

When Start-Ups Take Investors’ Cash Just Because They Can

25 June, 2015 by Matthew O'Brien, Ph.D. in Commentary
When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing. — Chuck Prince, CEO, Citigroup (June 2007) The music is still playing for “disruptive” start-up companies and ... read more...

The Decline of Community Banks

23 June, 2015 by Matthew O'Brien, Ph.D. in Commentary
The Wall Street Journal reports today on a partnership between the online consumer lending start-up Lending Club and 200 community banks around the country.  The statistic in the article that struck me was this: Community banks—those with less than $10 billion in assets—made slightly more than ... read more...

Taking Stock of Apple’s Huge 4th Quarter

28 January, 2015 by Matthew O'Brien, Ph.D. in Commentary
The other day I posted on some of the highlights of Apple’s recent quarter, and now that its earnings report is out, we know just how well the company did.  The gist, as the Wall Street Journal reports, is that compared to the previous year Apple sold considerably more iPhones at higher ... read more...

Apple Roundup: Mobile Payments, China, iPhone 6, & Earnings

26 January, 2015 by Matthew O'Brien, Ph.D. in Commentary
There have been a couple of interesting items about Apple recently, which is one of our core information technology holdings. Apple Pay Picks up Steam The WSJ reports that after three months of operations, Apple Pay has begun to succeed at getting shoppers to adopt it.  According to Apple, ... read more...

Don’t forget about Apple’s other product: computers

9 October, 2014 by Matthew O'Brien, Ph.D. in Commentary
All the hype about Apple’s latest iPhone and its new watch, and before that the iPad, has overshadowed the product category that got Apple started, which of course is the Macintosh computer.  Although Mac desktops and laptops have been consistently popular in the US, their relatively high ... read more...