A Fool Looks Back

By Rick Aristotle Munarriz
September 12, 2009 | Comments (7)

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There's always plenty of hype whenever Apple (Nasdaq: AAPL) stages a product rollout. Wednesday wasn't any different, as the sultans of style teased fans with a rock-and-roll event.

Most watchers were left unimpressed, no doubt expecting iToasters that serve up warm sliced bread with Steve Jobs' image burned in.

I actually liked the iPod updates, especially the decision to include video cameras in the pocket-sized nano. This has to be sending shock waves through the folks behind Cisco's (Nasdaq: CSCO) Flip, Sony's (NYSE: SNE) Webbie, and Kodak's (NYSE: EK) Zi8.

Convergence is here. When even the most basic of portable media players are taking snapshots and recording video, the camera industry needs to take notice. Their cameras will have to do more. 

It's a wakeup call that no kitchen appliance could ever deliver.

Briefly in the news
And now let's take a quick look at some of the other stories that shaped our week.

  • Did you know you can get a prepared meal that serves a family of four at Whole Foods Market (Nasdaq: WFMI) for just $15? The recession has forced even the upscale retailers to paddle through downmarket waters.
  • Google's (Nasdaq: GOOG) search-engine box -- and related buttons -- are getting a little larger. A barely noticeable makeover wouldn't normally be news, but Google is very careful about the simplistic design consistency of its magnetic home page.
  • Another Sirius XM Radio (Nasdaq: SIRI) satellite -- Sirius FM-5 -- was placed into service this week. It was launched in June and has now completed all of its post-launch testing. Am I the only one chuckling at the "FM" in the moniker of the terrestrial-radio slayer?

Until next week, I remain,
Rick Munarriz

“Make Big Money With Options” Motley Fool CFO Ollen Douglass recently made over $100,000 buying options on 7 well known stocks. Now we’re committed to turning his small fortune into a massive one! And we want you to join us! Enter your email address to hear more:

Google is a Motley Fool Rule Breakers recommendation. Apple and Whole Foods are Motley Fool Stock Advisor selections. Try any of our Foolish newsletter services, free for 30 days.

Longtime Fool contributor Rick Munarriz recommends windshield wiper fluid when trying to look back. He owns no shares in any of the stocks in this story and is is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On September 12, 2009, at 8:35 AM, spr0949 wrote:

    Finally, a comment about Sirius from TMF that does not include a slam intended to drive the stock down. Of course I don't recall any comments from TMF about Mr. Martin at the FCC trying to use a much delayed approval of the merger request to destroy the two companies.

  • Report this Comment On September 12, 2009, at 9:37 AM, clarkinbrazil wrote:

    Do the research and you will see that Kodak is more than just taking pictures. They have an extensive and impressive product line and their recent rise in stock value is helped out by short coverings which mainly drove the stock so far down in the first place. If their financial report improves this next time around, you could see a short panic to cover and drive the stock value up to previous levels before the downturn!

  • Report this Comment On September 12, 2009, at 8:13 PM, SIRIDoom wrote:

    SIRI NASDQ ALERT

    SIRI NASDQ ALERT

    SIRI is officially noncompliant of the NasDq $1.00 rule. The clock for SIRI delisting from the NasDq is ticking down to disaster.

    SIRI Mel’s answer to the NasDq will include the alarming words “REVERSE SPLIT”. The words “REVERSE SPLIT” are going to ring alarms of disaster to all who currently hold SIRI stock.

    SIRI Mel now has a duty to inform stock holders of the NasDq letter and the SIRI response with intention to reverse split. The market will be informed regardless of how much money Mel has panned out to suppress this news.

  • Report this Comment On September 13, 2009, at 5:11 AM, SIRIDoom wrote:

    arubaron - If all you want is good news and bias spin on SIRI than please go back to Seeking Alpha. They will never tell you the bad news.

    The Fool has a higher standard of true reporting.

  • Report this Comment On September 13, 2009, at 11:35 AM, TMFBreakerRick wrote:

    spr0949, I was pretty vocal against Martin and the FCC dragging its feet here last year.

    Here's one of the call outs:

    http://www.fool.com/investing/high-growth/2008/06/05/hurry-u...

  • Report this Comment On September 13, 2009, at 5:09 PM, ThongLover wrote:

    Hah....the FOOL? All the FOOL has is a higher standard of spamming...just like you. I easily get 10 emails a week from them...pathetic. And you easily post the same dribble 10 times a day throughout various websites. You use the same BIASED comments to try and scare people. You say they are in huge trouble, delisting is coming, but you never mention the true situation regarding the time frame, etc. You're just doing your job...keep it up...nobody buys it anyway.

    Go SIRI

  • Report this Comment On September 14, 2009, at 7:19 AM, spr0949 wrote:

    Rick, thanks for the link, and I stand corrected. I still believe that the FCC Commissioners should be investigated to see if they took bribes from the NAB, Clear Channel, etal.

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