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OPEC cuts; Apple MacWorld

OPEC cuts

OPEC plans to cut 2mn bpd. Well, do they have any other option? Frankly no.

The falshy brokerage calls especially Goldman's $30 does not help the sentiment. It further stiffens the panicky OPEC.

Saudi Arabia and most of the MENA countries, which form a large chunk in OPEC, need the oil to stay above $50 per barrel to balance their budgets. And if they want to continue thier amibtious projects and more importantly complete the ongoing ones, they need much more.


Apple is ceasing is Mac World.

WTF! When I first read it, I thought I misread it. But with news getting confirmed on papers, I can certify Apple managers as certified nuts.

"We have other avenues to approach customers"! Is that an explanation! Ridiculous. Everybody has the same methods to approach customers but they are not 'Apple'.

Apple is missing out a big factor here. Loyal customers and influencers, for whom MacWorld was technology Woodstock. Apple is completely alienating itself from this crowd. And the hype. Apple is a creature of marketing and HYPE. With this gone, Apple would struggle.

More pertinent reason would be that Steve is fighting his cancer and may not be fit enough. Apple may not get a showman like him but don't throw the baby with the tubwater.
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