Apple’s Earnings, Fitbit’s Earnings, Nintendo’s Earnings

Apple’s earnings showed slowing growth but a seemingly impenetrable moat; Fitbit, meanwhile, is in very bad shape, while Nintendo is learning harsh truths about the smartphone market

Yelp is for Sale, Fitbit Files for IPO, HERE Maps Update

In today’s Daily Update:

– Yelp is for sale. I discuss the problem with Yelp’s advertising business, as well as who might buy them and why
– Fitbit is filing for an IPO. The company has some impressive numbers, and they are an interesting contrast to a company like Yelp. However, the Watch is coming…
– An update on the HERE Maps bidding