Not So Happy Tonight -- Berkeley, CA, Restaurants -- November 22, 2019

Berkeley, CA, restaurants sue the city of Berkely, CA, over the ban on natural gas hook-ups in new buildings.

And so it goes.

Plenty of natural gas for California restaurateurs who want to re-locate to Texas. The interesting thing: menus are very similar, except not so much avocado toast in Texas.

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The Apple Page

Earlier today I caught a short episode on CNBC. After seeing that particular segment I sent this note to a reader:

On another note: nice market action today after three days of being in the red. I've gone back to watching CNBC if I get the chance. Of the high-profile hosts, Michael Santoli (Michael Santoli) seems to be out of his depth. I've never seen anyone so consistently negative about any stock. His cup is always "half empty" when for the rest of us, it's "half full."

I made that comment following a segment when it was pointed out how well Apple's Air Pods were doing.

Michael Santoli blew it (the story) off, saying that Apple was all about its iPhone. Nothing else "moved the needle."

What a doofus.

The following from MacRumor. 

From sixcolors:

Best comment:

https://www.aboveavalon.com/notes/2019/11/19/airpods-are-becoming-a-platform

“AirPods will turn out to be one of the more strategically important hardware products Apple has released this decade. However, you would never know it judging from the way Apple unveiled the device last week. I suspect that was intentional. While the press remains focused on the short-term debate surrounding the iPhone's lack of a 3.5mm headphone jack, few have realized that Apple just unveiled its second wearables platform.”

I do believe that with the AirPods, Apple is well on its way to own the wireless headphones market. While the detractors will dismiss it as overpriced for the sound quality, they once again (predictably) miss the big picture.

This is a runaway train that would be pretty difficult to stop or even slow.

Be sure to read the comments if you are at all interested in the story.

Steve Jobs: a gazillion successes, but iTunes was one of this most brilliant.

Tim Cook: not as brilliant at Steve Jobs, but comparing apples and oranges. AirPods, developed under his watch, will go down as his most brilliant hardware product.