Author: Vitaliy Dadalyan

An analyst estimated how long Apple customers hold onto their devices — and the findings might surprise you (AAPL)

During its last earnings call, Apple announced that there are 1.3 billion active devices in the world. Given that a little over 2 billion Apple products have been sold, we can calculate how many inactive devices are around. Asymco analyst Horace Dediu used this number to figure out the average lifetime of Apple devices.


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Dow falls 230 points at open after Trump tweets that 'trade wars are good'

Stocks are continuing their slide Friday, with the Dow Jones industrial average opening down 230 points, or 0.95%, after President Donald Trump said that trade wars are good. "When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win," Trump tweeted.


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