Barbie & the 4th of July💓
This Week in Review ☕️: Happy Independence | National Hotdog Eating Contest | Bubblegum-pink marketing takes over the world | Apple surpasses Wall Street expectations | Tesla makes record deliveries Q2
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Quick Bites:
Entertainment🍿: Did you guys know a Barbie movie is hitting theaters this July? Mattel Inc. is making sure you don't forget.
The highly-anticipated movie, based on America's most iconic doll, has unleashed a bubblegum-pink wave of marketing blitz across the world, from hot-pink clothing to gaming consoles and automobiles, WSJ reports.
Umm.. Don't compare your company's marketing to the Barbie movie unless you have a $100 million Hollywood budget, a legacy expanding decades and a human doll with the perfect bazooms
Or... compare yourself to Margot Robbie ladies🙄
A look at the movie's marketing machine, reported by Ad Age:
💡Barbie x Xbox: a hot-pink Xbox console built into Barbie's playhouse, complete with a B-shaped pool float
💡Barbie x Forza Horizon 5: offering player access to Barbie's pink 1956 Chevrolet Corvette EV Corvette
💡Barbie x Airbnb: A Malibu Airbnb being marketed as "Barbie's dreamhouse". The team converted a mansion into a real-life doll house, complete with a Ken waterslide, sans kitchen
💡Barbie x Aldo shoes: Custom packaging for their line
💡Barbie x Forever 21: 90s inspired apparel and accessories
💡Barbie x OPI: "Barbie Pink" nail polish
💡Barbie x Ulta beauty: Pink toothbrushes at the department store
💡Barbie x Pinkberry: A new "Barbie land Berry pink" flavour of Strawberry and Dragonfruit frozen yoghurt topped with dream sprinkles
They are finding any and every way to get into the hands and minds of the public. And to think the movie launch is still 3 weeks away!
Experts say it's a savvy move for a company in the slow-growing toy industry, especially as franchises like Marvel try to solidify their staying power, WSJ.
Barbie's ad budget👇🏻
Our Thoughts💡: Saw this pink truck in our neighbourhood this morning and had to get a cone.👇🏻The Barbie team at full throttle in Jersey shore at 8 am today🍦🍦
OK, OK WE ARE SOLD MATTEL. BUBBLEGUM-PINK EVERYTHING RUNNING THROUGH OUR VEINS!!!
Independence Day 🇺🇸: Happy 4th to our fellow Americans!
Nothing says 4th of July more than a summer cookout with hotdogs on the grill, BBQ everything, corn on the cobb and an easy peach cobbler. And America's independence, ofcourse.
PS. For those unaware, "Nathan's Famous Hot Dog Eating Contest" has been held in Coney Island every 4th of July since 1972.
The world's most competitive eaters. 10 minutes to eternal glory. It all goes down TODAY.
Breaking: Joe Biden and Kamala Harris have officially entered the Championship.
Only condition: The weiner must be atleast 7 inches long 🌭🌭
Cities throughout the US will be lit up with fireworks displays today, accompanied by backyard picnics and parades.
From steamboat cruises to riverfront concerts, you can tune into the experience online or offline from coast to coast.
While it may be an American holiday that celebrates the country's independence from 1776, today is also a day of coming together.
Let's collectively celebrate this day by not allowing social media, virtual signalling and greedy capitalism divide us by sex, color, creed and class.
What say, guys?
Our Thoughts💡: Since, hotdogs are today's food.. We were wondering, what are some delicious toppings you guys have had that go beyond basic ketchup?
We'll start with our favourite- sauerkraut, sweet pickle relish, chopped white onions and some gold spicy mustard. Classic but evergreen😍
Big Tech📈: Hey guys, remember when Apple hit $2 trillion last summer? Yep, that's trillion with a T.
An update: It just added another $1 trillion in value since then.
Boeing is worth $100bn. Apple grew by 10 Boeings in a year- Take note📝
Today is a good, GOOD day to own Apple stock.
Apple becomes the World's First $3 trillion company, hitting a new record.
Breaking News💡: Apple becomes first $3 trillion company by selling billions of the same phone each year
Same same but different
Key Highlights, according to CNBC:
💡Apple’s stock passed the $190.73 share price required to hit the milestone this past Friday
💡Apple shares are up about 49% year to date
💡Investors are bullish on Apple amid an uncertain year for the sector, with many tech giants cutting revenue forecasts and laying off thousands of employees
💡 “The Street has underestimated the massive installed base upgrade opportunity around iPhone 14 and now a mini super cycle iPhone 15 ahead"
Apple CEO Tim Cook earned almost $100mn in compensation last year; a 500% jump from 2020.
Cook's salary:
💡2022: $99.4mn
💡2021: $98.7mn
💡2020: $14.8mn
Well, he does lead a company that's grown $700 million PER DAY in Tim Cook's 10 years as CEO! (yep, we know it sounds unreal but its 100% true! Look it up)
Our Thoughts💡: People will always hate but Satya Nadella and Tim Cook have proven to be the 2 most successful non-founder CEOs:
💡Microsoft's market cap has grown $805mn per day since Nadella became CEO in 2014
💡Apple's market cap has grown $700mn per day since Cook became CEO in 2011
(Enough so that Warren Buffet made over $770mn in dividends alone from Apple stock in 2021!)
Numbers don't lie. Period.
Stats as of August 2022*
EVs🚘: Tesla surpasses delivery estimates.
Tesla reached a new record in Q2, reporting an 83% increase is deliveries compared to Q2 last year.
Tesla made more than 466,000 deliveries. Production numbers are also up, with more than 479,000 cars manufactured in the second quarter, according to CNBC.
This comes as CEO Elon Musk has pushed for price cuts and discounts in recent months to focus on growth.
Tesla also added manufacturing capacity and ramped up production at its vehicle assembly plant in Austin, Texas, CNBC.
Tesla will announce its financial results for the quarter on July 19.
Quicker Bites:
Americans will be spending an average of $93.34 per person on food items for 4th of July cookouts, barbecues and picnics this year, says Axios.
Fireworks sales are expected to increase by $100mn this year.
Israeli forces launch biggest military operation in West Bank’s Jenin since 2002.
Thousands of workers are striking at Boeing, as are dozens at McDonald’s and Amazon.
Spotify may add music videos to its app.
Twitter puts a limit on the amount of Twitter posts you can read.
Apple decreases Vision Pro target.