Seeking Alpha by Adding Beta

One of the most important product launch for Apple in particular and all of tech world happened on Sept 12 and iphone5 started shipping on Friday Sept 21. This one product could be first ever $100 Billion product. I got mine on first day and has been using it for last 48 hours and I am impressed with two things which matter: Design and Speed. I used Galaxy SIII for last two months. Galaxy SIII itself is very impressive phone. But when I switched back to iphone5, there is no comparison when it comes to style and design. iphone5 is clear leader in today's smart phone world! I was little surprised that I could even get my hands on it on first day itself (for ipad I had to wait for 2 months and for iphone4 also I had to wait for 3 weeks). Looks like Tim Cook is finally putting his stamp on Apple bu making sure that enough supply is available for anyone who wants to buy it. Predictions are that over 8 million iphone5 would be sold in one weekend. That's like $4-5 Billion in revenu

It has been a while since I wrote my blog since I was just coming out of summer vacation/travel and some other personal things on family side. So many things have happened on economic front and stock markets which I wanted to write. But nothing was as important as events in last two weeks centered around two most important men in economic world: "Super"Mario Draghi and "Helicopter" Ben Bernanke. Both of them stay true to their promises of "Saving Euro at any cost" and "Printing dollars to address US high unemployment"! The markets liked what they saw and has jumped to their highest in nearly 5 years. Only time would tell us if this is "irrational exuberance" or start of a new bull market as seen during 1990's. There are so many uncertainties still around. Few of them are: US presidential elections - Obama campaign is definitely on right track and unless anything drastic happens, Obama would win second term as President of USA.