Apple CEO Tim Cook commented on the balance between supply and demand for the iPhone 6 and iPhone 6 Plus during today's earnings call, stating that demand is far outstripping supply despite a satisfactory production ramp-up. Cook noted that available data makes it unclear as to when supply will catch up with demand, and that the company was "not close" to having a balance between supply and demand at the end of Q4 2014.Now that the Ebola scare is over and the president is back to golfing, back to business as usual. From tomorrow's WSJ:
IBM woes point to a fresh overhaul.
Oh-oh. Looks like ISIL-like chaos could erupt next in Lebanon.
Here we go again: federal regulators apparently find ways to expand access to mortgages for many Americans. Haven't we seen this movie before?
Close to home: we're getting tired of toll-roads here in Texas.
What does feel-good, early release for good behavior get you? More murders by a serial murderer.
My wife will be happy to see this: Latinos may have genetic trait protecting them from breast cancer.
This is a hoot: France "demands" that German pass a three-year 50-billion-euro stimulus program.
China's growth slows to 7.3%.
Top story in section B: iPhone 6 recharges Apple's growth. Tim Cook firmly in charge.
Reported earlier, Halliburton's earnings rise 70%.
Heard on the street: Apple's latest results showcased the company's ability to continue upselling customers on its newest products, even as it boosted its gross margin.
The Los Angeles Times
Does this surprise anyone?
Los Angeles County officials and business leaders rose to the defense of a Japanese company Monday that has all but given up plans to build a $60-million manufacturing facility in the Antelope Valley because of a dispute with local labor leaders.
Two years ago, Osaka-based Kinkisharyo International won an $890-million contract to build 175 light-rail cars for the Metropolitan Transportation Authority.
Most of the parts will be built in Japan, but the firm agreed to perform final assembly, including painting and wiring the cars, in Los Angeles County. It has been doing that from a temporary facility in Palmdale.
Kinkisharyo leaders said they hoped to build a permanent plant that would allow them to also move some heavy rail car manufacturing from Japan to the United States.
The 60-acre Palmdale site that Kinkisharyo chose, however, came under fire this summer when local activists—including members of the International Brotherhood of Electrical Workers Local 11—presented the city with a 588-page appeal claiming violations of state environmental law. The document says the factory has not secured proper water rights, and that construction could kick up spores that carry Valley fever.And so it goes.
This is a lede that should get one's attention: the journalist being treated for Ebola in Nebraska can't explain how he could have gotten it. Okay.
The Big Question
Why are we still quarantining buses for Ebola -- the president repeats what he said earlier: "you can't get Ebola riding on a bus?" Unless, I suppose the Ebola passenger next to you vomits on you.