Tag Archives: This

Millennials and Gen Z Would Rather Text Each Other Than Do This, According to a New Study

You know the stereotypes about Millennials and Generation Z, but are they real?

Are Millennials really glued to their phones? Do the members of Gen Z really refuse to make phone calls at work? 

Actually, um, maybe–yes–at least, according to a new study, in which almost 75 percent of American Gen Z and Millennials told researchers that they prefer to talk with other people via text message–as opposed to actually talking with them.

This is all via a 4,000-person survey conducted last month by the folks at LivePerson, a company that provides mobile and online messaging business solutions, asking participants in the United States, United Kingdom, Germany, Australia, Japan, and France about their digital media and in-person preferences.

The company also surveyed 1,016 adults 35 years old or older in the United States to use as a benchmark to which they could compare the Millennial and Gen Z answers.

“What we see in the research data is the phone truly becoming an extension of the self, and the platforms and apps within it — digital life — occupying more than their offline interactions,” said Rurik Bradbury, global head of communications and research at LivePerson.

Among the other findings:

1. The phone is the new wallet

Given a choice to leave either their wallet or phone at home, just under 62 percent said their wallet. Among the older cohort, 72 percent of those over age 35 said they’d leave their phone and take their wallet.

2. The phone is almost a part of the body

Nearly two-thirds of 18-34 year olds say they habitually bring their phones with them when they use the bathroom, and nearly half say they regularly text while walking in crowds. Also, more than 70 percent of Gen Z and Millenials say they sleep with their phones within reach. Half say they automatically pick it up if they’re awakened during the night. Also, They’re super-impatient.

3. Instant gratification

According to the study, Millennials and Gen Z “expect digital convenience in all aspects of their lives,” or they’ll walk away from a sale.

“For less expensive purchases (under $ 20 or equivalent), 73.4 percent of Millennials will give up on a brand within 10 minutes if they don’t get the answer they need,” the report sys. Forty percent said they’ll wait no more than five minutes.

4. Phones over dollars

More than half of Millennials and Gen Z respondents said it would take more than $ 1 million to convince them to give up their smartphones; in fact just over 43 percent said it would take at least $ 5 million.

5. Forget “digital first,” how about “digital only?”

Seven out of 10 of the 18 to 34-year-olds surveyed said they could imagine a world in which there is no longer any such thing as brick and mortar stores, and all purchases would be made digitally or online. Moreover, almost 20 percent of Americans in that age range said they’d actually prefer to do all shopping digitally, without ever talking with a human being.

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This Time It Matters: Why Apple Is Falling

Preface
Apple Inc (NASDAQ:AAPL) is dropping hard after its event to announce the new series of hardware, in particular the new iPhone 8, 8 Plus and X as well as the Apple Watch 3.

It’s Different This Time
Normally when Apple stock dives on lukewarm product reviews we stand firmly in our position that the stock market reaction is over blown. Our simple thesis for that response is to look at demand, which is hypnotically strong, every time. That is not the case this time.

A New Risk is Not Obvious But is Enormous
Apple announced a more complicated lineup of iPhones this time around. It introduced the iPhone 8 series which is an upgrade to the iPhone 7, and then it announced the highly anticipated iPhone X (pronounced iPhone Ten).

Then the company made the iPhone 8 available this month, but pushed delivery of iPhone X to early November, which pre-orders stating in late October. That has created a risk.

It turns out that Apple hyped the iPhone X so much, and poured so much new technology into it, that it has left the demand for iPhone 8 lackluster in Apple terms. Here’s what we mean.

If you go to the Apple Store, and try to purchase an iPhone 8, the wait time is essentially 1-3 days for the smaller memory version. Here is an image:

That is for the iPhone 8, in Los Angeles, on Verizon’s (NYSE:VZ) network. The other networks are essentially the same. A normal wait time for a new iPhone release is usually several weeks, let’s say 2-4 depending on where you are in the world.

There are also reports that in store lines are much smaller than before, with one report pinpointing Sydney Australia, where only 30 people were camped out for the new release. Reports from China are similar.

Here are links to two stories:

Turnout for iPhone 8 Launch in Australia “Bleak” as Customers Hold Out for Upcoming iPhone X
The iPhone 8 launch in Sydney saw “a bleak turnout,” reports Reuters, with fewer than 30 people lining up outside of the Sydney Apple Store on George Street. In past years, hundreds of people have lined up for new iPhones on release day.

Apple Falls After Analyst Report Indicates Weak iPhone 8 Demand
Consumers pre-ordered about 1.5 million handsets on Chinese retail website JD.com in the first three days, compared with about 3.5 million for the comparable period of iPhone 7 orders.

Tim Cook just said he “couldn’t be happier” with the iPhone release (and Apple Watch 3). While sales are lower than prior models, there is one reason, a big reason, that he may actually be telling the truth.

Is There a Plan?
One of the headlines that surfaced from the Apple Event was that the iPhone X was very expensive, starting at $ 999 and climbing to $ 1,200 based on the configuration.

It’s possible, maybe even likely, that Apple decided to release the iPhone 8 for less to make it appear that it was not forcing Apple loyalists to buy a far more expensive phone by offering a reduced priced new model (iPhone 8).

In fact, it does appear that even in the bearish analyst notes, each tends to comment on the fact that demand reduction for the iPhone 8 is simply a reflection of the outsized demand for the iPhone X.

If that’s true, then Apple will have an average selling price significantly higher than in prior times, and if demand is in fact to the point where Apple also sells more units, then that would bring a windfall of profits larger than any company has ever seen in one quarter. If that sound overly bullish, it’s just the choice of words — Apple already has the largest earnings ever in one quarter, so this would be a breaking of its own record — also known more simply as, “growth.”

Back to Risk
While there is a rather bullish narrative to wrap around this odd iPhone selection, there is also, in earnest this time, a reasonable bearish thesis.

Apple won’t be delivering its iPhone X until well into November, and if demand is very strong, it might not even be able to deliver before the holiday season in the United States. And while, certainly, if all of those sales simply occur later in the year (or early 2018), then that’s fine, but to consider that a foregone conclusion is a step we are not willing to take with blind faith.

Some consumers, perhaps many consumers, will not wait. And while Apple loyalists may stick around for a later date, the all-important “Android switchers” (those smartphone Android owners that switch to Apple) may not — and that is a real risk and worthy of a stock drop, until proven otherwise.

Apple’s market share in the United States is jumping as Android loses market share — an under reported but critical phenomenon. On January 11th, 2017, 9TO5Mac wrote iPhone market share grows 6.4% in USA, takes share from Android in most markets.

Apple gained 9.1% in the UK, mostly at the expense of Windows phones.

The iPhone grew its market share in Australia, France, Italy, Japan, Spain, the UK and USA, with Android seeing its own share drop in all of these countries bar Italy, where its growth was less than half that of iOS.

Those are Android switchers and Apple may have just put that group, or at least that trend, in serious jeopardy.

Now What?
We believe the iPhone X is going to be a knock-down drag-out mega hit, and the elevated price will make it yet an even larger success. But, the risk that Apple took, as of right now, is hurting the company both with iPhone 8 sales, and potentially, with Android switchers. And that is not a false narrative — it is accurate.

That risk means the stock should drop, and is dropping.

But, we’re not done yet. What we did not show you, and is easily missed unless you are really looking, is how hard Apple is focusing consumers on the iPhone X over the iPhone 8 — in our opinion.

I recorded a 45 second video arriving on the Apple Store and looking at iPhones. I have turned to video to allow you to make your own decision, as opposed to snapshots, which are too selective and an be used to weave any narrative the author likes.

When you watch this video (below), decide for yourself if you feel that Apple is purposefully pointing people to the iPhone X over the iPhone 8. Here we go:

That’s hardly headline grabbing footage, but we found it noteworthy.

Apple Watch 3
There have been some pretty poor reviews of the Apple Watch 3 surrounding its LTE connectivity and its battery life. This is one of those times where the reviews are meaningless. Demand is strong and that’s all that matters.

Here is a snapshot from the Apple Store for that product:

We see the Watch becoming a runaway success as people learn to use that wearable device as a standalone product — leaving the phone at home on runs, meetings, swims, hikes, and whatever other times such a convenience could be desired.

Conclusion
We maintain our Top Pick status on Apple, but have certainly tempered our bullishness with an undeniable new risk. It might work out very well, but, it might not, and that is a new risk to Apple stock.

The author is long shares of Apple Inc (NASDAQ:AAPL).

Thanks for reading, friends.

Please read the legal disclaimers below and as always, remember, we are not making a recommendation or soliciting a sale or purchase of any security ever. We are not licensed to do so, and we wouldn’t do it even if we were. We’re sharing my opinions, and provide you the power to be knowledgeable to make your own decisions.

Legal
The information contained on this site is provided for general informational purposes, as a convenience to the readers. The materials are not a substitute for obtaining professional advice from a qualified person, firm or corporation. Consult the appropriate professional advisor for more complete and current information. Capital Market Laboratories (“The Company”) does not engage in rendering any legal or professional services by placing these general informational materials on this website.

The Company specifically disclaims any liability, whether based in contract, tort, strict liability or otherwise, for any direct, indirect, incidental, consequential, or special damages arising out of or in any way connected with access to or use of the site, even if we have been advised of the possibility of such damages, including liability in connection with mistakes or omissions in, or delays in transmission of, information to or from the user, interruptions in telecommunications connections to the site or viruses.

The Company makes no representations or warranties about the accuracy or completeness of the information contained on this website. Any links provided to other server sites are offered as a matter of convenience and in no way are meant to imply that The Company endorses, sponsors, promotes or is affiliated with the owners of or participants in those sites, or endorse any information contained on those sites, unless expressly stated.

Disclosure: I am/we are long AAPL.

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This app lets you donate wish list items to homeless people you pass every day

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Marcellus has lived on the streets of Philadelphia for more than four years, and he wants you to know that being homeless isn’t easy.

“It’s, like, waking up hungry. Going to sleep hungry,” he says in a new video, as he fiddles with a small piece of blue plastic in his hands. “But this right here — this got me some food. This got me clothes. This got me a shower and all that.”

It’s not just any piece of plastic. Marcellus is holding a Bluetooth-connected beacon — a small component of an app called StreetChange that could transform how passersby help curb homelessness in their cities.

More about Apps, Donate, Donations, Social Good, and Homeless


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This lightweight plastic ribbon has steel-like strength and can lift concrete blocks

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‘Braeön’ is a lightweight plastic ribbon that’s as strong as steel. It can be styled into several different useful shapes like a splint or even a mouth guard. Read more…

More about Real Time Video, Real Time Video, Lightweight, Gadgets, and Recycle


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Photos | ‘Michael Jackson’s This Is It’ Premieres In Los Angeles

‘Michael Jackson’s This Is It’ Premieres In Los Angeles

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  • Michael Jackson
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  • Katy Perry
  • Ashley Tisdale
  • David Cook

Source: http://www.mtv.com/photos/michael-jacksons-this-is-it-premieres-in-los-angeles/1624940/4353938/photo.jhtml

Hilarie Burton Hilary Duff Hilary Swank Isla Fisher Ivana Bozilovic Ivanka Trump

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This Drone Can Fly Forever Without a Battery

Want a drone to fly longer and farther? Give it a bigger battery. But that adds weight, which in turn reduces the drone’s flight time. It’s quite a conundrum. It seems like an unresolvable catch-twenty-two, except that someone has finally found a way to use wireless power to keep a drone flying.

Read more…


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iPhone 7 Review: Ready or Not, This Is the Future

At a glance, the iPhone 7 and iPhone 7 Plus might be confused for their predecessors, the 6s and 6s Plus. It’s deceptive. The iPhone 7 is perhaps the most drastic revision of the phone since it was first released nearly a decade ago. It’s not just the missing headphone jack. There are several other big ideas, including a new dual camera system (on the 7 Plus), a new touch sensor home button, and mercifully, newly added water resistance. These are substantial changes, and they hint at what we can expect from the future of Apple phones.

Read more…


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This Video Of A Guy Executing Fish With A Pistol Is Actually Good Because Lionfish Suck

I think every non-sociopath’s first instinct when seeing the title card of the video above—which lives up to its billing, as this is indeed a four-minute clip of a man equipped with a waterproof Glock who uses it to “fish” for lionfish—is one of dread. Oh no, you worry, accurately. Am I really about to watch someone brain scores of defenseless little fish with a goddamn handgun???

Read more…


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This $34 Aluminum Stand Will Shrink to Accommodate Your Next Laptop Too

The market is littered with beautiful, minimal laptop stands from accessory design shops, but no matter how much you love yours, there’s no guarantee that your next laptop will fit properly. That’s where the iQunix Edin comes in.

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IDG Contributor Network: Red Hat expected to rake in $2.4 billion in revenue this year

The king of Linux, Red Hat, continues its growth as a leading Linux vendor that’s betting big on the cloud. Yesterday, the company announced financial results for its second quarter of fiscal year 2017 ended August 31, 2016.

The company generated $ 600 million in revenue for the quarter, a 19 percent year-over-year increase. Red Hat is often credited with creating a business model around Linux and Open Source: a subscription based service and support model.

Subscription revenue for the quarter was $ 531 million, which accounts for 89% of total revenue. It was a 20% year-over-year increase. Based on these numbers we can safely assume that Red Hat will be generating revenues around $ 2.415 billion in this fiscal year. That makes Red Hat the most successful pure open source company to date.

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