The Bitter Taste of a Sour Apple (and CES update)

Facing slowing sales in China, a lack of innovation mojo, and a difficult transition from products to services, Apple has shed a Facebook's worth of valuation since its $Trillion-dollar high. Here's why, and what's next. Our Fast Five: > Marriott's Data Breach was NOT as bad as you might have thought (but it was); > IBM's WeatherChannel gets smacked by Los Angeles for using user data for marketing & hedge fund research; > SEC's chairman Ajit Pai & commissioner Brendan Carr cancel their CES plans (citing the showdown, which we don't buy); > PepsiCo launches an autonomous "cooler on wheels" to distribute snacks to college students; and > Hackers in Germany target "certain" politicians with doxing attack. Our Tech Bites Winner: Huawei, for demoting employees who used an Apple iPhone to tweet official Happy New Year's greetings. Our Crystal Ball: Our Futurum-take on the upcoming CES show in Las Vegas, and the arrival of ACPC laptops, new smart-phone gaming options, and the arrival of "AI Inside" marketing. This episode features: Daniel Newman (@danielnewmanUV) and Olivier Blanchard (@oablanchard). If you haven't already, please subscribe to our show on iTunes, Spotify, or SoundCloud. For inquiries or more information on the show you may email the team at [email protected] or follow @FuturumXYZ on Twitter and feel free to direct inquires through that channel as well. To learn more about Future research please visit www.futurumresearch.com. As a reminder, the Futurum Tech Podcast is intended as an informational newsletter only. No investment advice is offered. While equities are frequently discussed, no investment advice is offered or implied.