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A Fool Looks Back

By Rick Munarriz – Updated Apr 6, 2017 at 1:02AM

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Steve, search, and satellites exchanged high fives on Wall Street this week.

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

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.

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Stocks Mentioned

Alphabet Inc. Stock Quote
Alphabet Inc.
GOOGL
$98.17 (-0.58%) $0.57
Apple Inc. Stock Quote
Apple Inc.
AAPL
$150.77 (0.23%) $0.34
Whole Foods Market, Inc. Stock Quote
Whole Foods Market, Inc.
WFM
Sirius XM Holdings Inc. Stock Quote
Sirius XM Holdings Inc.
SIRI
$5.81 (0.00%) $0.00
Cisco Systems, Inc. Stock Quote
Cisco Systems, Inc.
CSCO
$40.58 (-0.20%) $0.08
Sony Corporation Stock Quote
Sony Corporation
SONY
$66.70 (-2.53%) $-1.73
Eastman Kodak Stock Quote
Eastman Kodak
KODK
$4.71 (-2.69%) $0.13

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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