The next step in decorating your outdoor space with personality to entertain? Filling it with paintings, sculptures and more.
3 min
You might be eyeing your outdoor area, wishing it were a bit more remarkable, a bit less overfamiliar. Festive, even.
One answer, say interior designers, is art, a therapeutic fix for spaces we’ve spent too much time in. Emily B. Collins, director of the New York Design Center’s Gallery at 200 Lex, has noticed intense interest in “items that contribute to a beautiful, functional setting outdoors.”
Homeowners and design pros are discovering that outdoor spaces are loaded with blank walls waiting to be decked out with paintings, mirrors, sculpture, decorative tiles—the same arsenal of art you’d use inside.
To liven up her outdoor’s seating area, Liz Lidgett, a gallery owner in Des Moines, Iowa, hung a painting on a nearby exterior white-brick wall with screws and wire. The glassless, wood-framed painting of pink and blue florals (above) was a $10 secondhand-store score, preserved with a coat of Rust-Oleum’s water-repelling NeverWet to withstand the weather. Guests, she said, seem to enjoy the unexpected element.
In Palm Springs, Tamara Hill, who rents her midcentury home on Airbnb, saw a blank canvas in the cement bottom of her kidney-shaped pool. She commissioned Brooklyn artist and designer Alexandra Proba to paint her trademark madcap—and suitably biomorphic—designs under the waterline. “It’s magical,” said Ms. Hill. “It brings the whole style of my home together far more than I imagined.”
Don’t have the coin to fly in an artist to paint a mural on a wall, fence or pool bottom? You can search for experienced artists near you on sites such as thumbtack.com. Plug in your postcode, view past projects, read client reviews and get in touch.
Wall sculptures of metal, wood or fired clay can dress up naked swaths of siding and fences. For a home in Los Angeles, New York designer Miles Redd invited ceramic sculpture artist Carlos Otero to reimagine a blank courtyard wall. “It called for something spectacular,” said Mr. Redd. The artist delivered a cream-coloured conglomeration of textures that evokes the surface of the moon, inspired by bas-relief panels of the 1960s architecture in Buenos Aires, Mr. Otero’s childhood home.
“Ceramics can live safely outdoors in most climates given some degree of protection,” said Juliet Burrows of New York’s Hostler Burrows Gallery, which represents Mr. Otero. History is full of examples of ceramics-ornamented architecture, she noted.
Dallas designer Jean Liu likes the midcentury modern metalwork of American duo Curtis Jere, which she installed in the lounge space of a client’s covered outdoor area. These cost thousands, but more than passably chic vintage wall sculptures can be found on sites like Etsy and eBay for less than $300.
Bryan McKenzie, a landscape designer in Jacksonville, Fla., is a fan of tiles and “exquisitely patterned walls.” He dolls up vertical surfaces with disks, squares and other polygons from G. Vega Cerámica, in Marbella, Spain. Against whitewashed surfaces, he hangs the Moroccan-style tiles glazed in shades of blue and green.
Another pro move is to hang a tapestry or fibre art in an alfresco space. Occasionally, on a side patch of her Fairfield, Conn., yard that’s visible from the street, Pam Poling exhibits one of her handmade quilts, which dangle from a stand she Macgyvered using photo equipment. The fair-weather exhibition started as a way to inspect her sewing in a natural light and snap a clean photo to share. Now, she says, neighbours look forward to the rotating show of coverlets, whose geometry and bold colours vibrate against her verdant landscaping.
In the front yard of her Phoenix, home, artist Kyllan Maney draped a tree with a necklace of solar lanterns she hand painted with whimsical stripes and dots. “Some of my neighbours have had visitors ask if we are having a party.”
Reprinted by permission of The Wall Street Journal, Copyright 2021 Dow Jones & Company. Inc. All Rights Reserved Worldwide. Original date of publication: April 7, 2021.
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Apple’s growth engine is showing signs of slowing, as rising costs, weaker services growth and AI competition challenge its profitability. With John Ternus taking the helm, the pressure is on to reignite innovation and sustain investor confidence.
3 min
The Apple growth and profit machine is wavering, and the boost from price increases might not be enough to keep it going at historic rates. That dials up the pressure on Apple’s new chief executive, John Ternus.
The company saved the bad news for its earnings call, an hour after it posted its results for the September quarter, projecting that for the current quarter its high-margin services business will continue to slow and that its widely watched gross profit margin will continue to fall.
Apple AAPL -1.83%decrease; down pointing triangle shares had been flat in post-close trading but declined as much as 4% after the company made the projections, which fell short of Wall Street estimates.
The impact of high memory costs are weighing even more heavily on the company, Ternus and Apple Chief Financial Officer Kevan Parekh said on the company’s earnings call. Apple has stockpiled cheaper components purchased earlier, but those inventories are dwindling.
When Ternus took over as Apple’s third chief executive of the past 29 years on Sept. 1, he inherited sky-high expectations. The men he followed were among the most successful company leaders in American business history. Steve Jobs revolutionized consumer devices multiple times. Tim Cook expanded Jobs’s creation to spectacular heights.
The expectations are reflected in Apple’s huge valuation. Oppenheimer analyst Martin Yang noted that Apple stock trades at 36 times next year’s expected earnings, a premium to the overall market, even though its earnings are only expected to grow 1%, which is slower than its tech peers.
“We see insufficient upside to justify the premium,” Yang wrote in an investor note, adding that Apple needs to boost iPhone sales growth and turn around its slowing services business to make him more bullish.
Investors have bid up Apple shares because it has been a port in the AI storm—a reliable and capital-efficient business that stands apart from rivals which are spending hundreds of billions of dollars racing to the AI frontier.
While others invest in data centers, Apple has been pouring its own cash into buybacks and dividends. But that safety may be challenged if Ternus can’t speed up Apple’s innovation engine.
Apple’s lagging performance in AI was evident when its new “Siri AI” chatbot arrived this past quarter. Its long-maligned assistant was already stale the day it arrived, surpassed by agents such as Instinct and Muse that can complete multistep tasks for consumers, while Siri still sets kitchen timers.
Apple needs to give people reasons to buy its devices as they get more expensive. The company raised prices across the board last quarter to help offset higher costs. Without compelling new features, a big question is whether consumers will slow the frequency of iPhone upgrades.
The new iPhone Duo appears to be a bright spot. Consumers are scooping up the $1,999 foldable smartphone despite mixed reviews—so many that Apple can’t keep up with demand. Shipping dates jumped out to January soon after the device went on sale, a disappointment for the normally reliable Apple supply chain.
Apple said its revenue grew 12% in the September quarter, slightly ahead of Wall Street’s expectations. Its widely tracked gross profit margin, at 47.9%, also came in just ahead of analyst estimates.
Apple will need to find new growth avenues because a reliable engine during the Cook era—the services business—is slowing. Courts and regulators worldwide have limited Apple’s ability to charge developers big fees to distribute apps through its App Store, the biggest component of the company’s services segment.
One of its most lucrative App Store fee generators has been the ChatGPT app from OpenAI. Around the time Apple accused OpenAI of trade-secret theft this past summer, OpenAI began redirecting potential subscribers to pay via its website instead of the App Store, skirting Apple’s tollbooth.
Apple’s valuation has bumped up against a ceiling in recent weeks. Six times it traded above a $5 trillion market capitalization intraday before finally closing above the threshold, which it has already fallen back below.
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