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Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983

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CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea

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Boomers actually do hold most of the wealth and power. So why do they call it 'whiny' to point that out?

1

Social Security's 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983

2

CEO of $20 billion AI firm Perplexity says the secret to success is ‘sleeping with that fear’ that your competitor will steal your idea

3

Boomers actually do hold most of the wealth and power. So why do they call it 'whiny' to point that out?
TechApple

Most people who tried an Apple Watch last weekend bought one

By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
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By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
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April 14, 2015, 9:21 AM ET
Photograph by Mike Segar — Reuters

Apple took some heat for its foolish presumption when a leaked training document revealed early last month that someone at Apple — former Burberry CEO Angela Ahrendts, perhaps — was advising Apple Store employees that customers who make appointments to take a closer look at the Apple Watch “have already decided they want an Apple Watch.”

It seems Apple was right.

According to a team of Cowan & Co. analysts who visited several San Francisco Bay Area Apple Stores over the weekend, nearly everybody who tried on an Apple Watch bought at least one.

Cowan’s Timothy Arcuri in a note to clients Monday:

We found several dozen salespeople per retail store who each had several dozen Apple Watch appointments during store hours. Based on our discussions, these showings are translating into Apple Watch pre-orders ~85-90% of the time.

Arcuri estimates that weekend pre-orders could easily be in the 1 million range. Other analysts put worldwide pre-sales somewhere between 1.5 and 3 million.

Follow Philip Elmer-DeWitt on Twitter at @philiped. Read his Apple (AAPL) coverage at fortune.com/ped or subscribe via his RSS feed.

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