In its second annual report on consumer mobility, the Bank of America found that Americans are more plugged in than ever, with 71 percent even admitting that they sleep with their cell phones next to them. This, the BoA said, is evidence of a growing rate of addiction to mobile devices.
Apple’s earnings vaulted by 27.5% for the first three months of 2015 compared to the same period last year, on the phenomenal Chinese sales driving profit margins for the iPhone 6. The virtuous smartphone tailwind and buzz about the Apple Watch spiked store traffic that also goosed Mac sales. With an operating margin of over 30 percent and $194 billion in the bank, Apple deserves to be the world’s most valuable company.
