News reports from people following the Apple situation are coming out about the new iPhone next generation. This is most like Apple's iPhone 5 which is probably going to to be launched sometimes in late 2012, maybe the middle of November according to pattern of Apple's new releases of its smartphone.
The announcement from Apple will probably be forth coming in their show at the Worldwide Developer Event in June.
As we move forward into the digital era, one of the big ideas to come to the forefront has been the digital wallet. A lot of companies from Google, Mastercard, Visa, the government of Canada and now Rogers and CIBC are all toying with the idea for a while now, but it is only until recently with the advancements of the smartphones that we will start to really see big changes and our wallets may be a thing of the past.
In 1975, as a young Real Estate agent on the Danforth, I was selling condos with an average selling price of $28.00 per square foot. WOW! Although we always hope that condo prices will go up, and we have had our doubting Thomases that the condo market would even stay, did you ever imagine that they would just go wild?
Today’s new condominiums are selling for $500.00+ per square foot. Yes, that is what I said. Not only have the values gone up on newly built condos, but this is one of the most active sectors of the Real Estate market. There were a record number of sales for the first quarter of 2012 for new condos.
As Facebook embarks on their road show to evangelize why they are worth $96 billion, they started to run into road blocks as reported in today's Toronto Star article, with criticisms ranging from the lack of access to senior management, Mark Zuckeberg's wearing his hoodie showing disrespect for the audience to overpaying for the acquisition of Instatgram, a photo-sharing website.
With each passing year major newspaper publications are finding it harder and harder to be the driver of the conversation and the source to turn to for the news . With competing interests from television, online videos and DIY (Do-it-yourself) publications and new entrants to the marketplace, the voice of traditional newspaper establishment is fading and is almost inaudible from the crowd.
In the words of Thorsten Heins, CEO of RIM, "Let's rock and roll this!" is a fitting description of what we are to expect in the new BlackBerry 10 operating system as it was unveiled for developers in Orlando, Florida.
Over 5000 developers and customers attended the Tuesday, Blackberry World 2012 show and as we saw glimpses of the new operating and its capabilities we will say that it does look very promising. If other features that we haven't seen yet are like the new flow UI (flow user interface), intelligent touch keyboard and time wrap photo app then we can predict a turnaround for Research In Motion will definitely happen, which means better load up on the stock while it's on the cheap.
Being in the mortgage business almost 40 years, I have seen and experienced many ups and downs in the Real Estate and Mortgage markets. I remember having an 18% 1st mortgage on my properties in Toronto. I saw the Real Estate Market collapse and prices decline, in some cases up to 25% to 30%. In 1989 the Great Toronto Area Real Estate Market average house price was $350,000. By 1992 that same house sold for approximately $275,000.
Since Apple's stock price hitting the 52 week of $644 on April 10, 2012 it seems that Apple was unstoppable as some analysts were even forecasting that the price might even go to $1000. Well that was before and as of April 20, 2012 the stock price has retreated to $572.98 and those analysts with their $1000 stock price prediction are keeping rather quiet. However, the ones with no shame cite the pull back to some of the investors taking profits, which could be a possibility, but if the hype is to get the stock price to $1000, wouldn't it make sense to just wait a little longer?
The death knell of the PC dying may be a bit too premature as PC sales actually risen. Despite many writing off the PC due to the strong sales of the tablets from Apple's iPad, Samsung's Galaxy Tab or the other many different tablets that come to market, the PC is definitely not dead.
Microsoft have posted better than expected results for their quarter ending in March even before their release of the much anticipated new operating system, Windows 8. Microsoft is expected to deliver their third quarter results after the market close on Thursday. Analyst expects a .58 cents a share on revenues of $17 billion. This comes on top of news from technology research firms, Gartner and IDC, both saw worldwide PC shipments in the first quarter rose approximately 2% from a year ago.
It seems like Toronto's housing boom will last indefinitely, however many are cautious about entering the market to buy and sell. As the bad news about the faltering American economy and European debt crisis are making headlines almost everyday, it's hard to decide if you should buy now or wait.
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