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Bill Maurer

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  • Relax, Intel Is Doing Just Fine In Tablets [View article]
    The point is that Intel hyped Bay Trail. Where has it gotten them?

    True tablet - something that can't be converted into a small laptop essentially.

    It's not that I'm infatuated with Bay Trail - you're the one that started the article discussing it. That's the point I was making.

    Also, if you do a search of "top 10 tablets" right now, the only one from your list that makes it is the Surface 2.

    Intel may be in dozens of tablets, but if they are terrible products or nobody wants them, Intel is not "doing fine" with tablets.
    Feb 27 03:46 PM | 5 Likes Like |Link to Comment
  • Intel: The Worst-Case Scenario [View article]
    As I said in the opening, I've been extremely fair to Intel. I've had plenty of bullish articles on the name in recent years, but I've been completely objective when I say they have disappointed. Two straight years of huge guidance cuts, and 2014 guidance below expectations.
    Feb 27 09:21 AM | 5 Likes Like |Link to Comment
  • Philip Morris: Big News For 2014 [View article]
    Maybe not a screaming buy, but it surely isn't a sell like that one analyst said!
    Feb 7 09:53 AM | 5 Likes Like |Link to Comment
  • Apple Can't Fix Its Biggest Problem [View article]
    But if there's that fear, expectations should be way too low, not way too high.
    Feb 4 09:10 AM | 5 Likes Like |Link to Comment
  • Apple's R&D Spend Points To Multiple New Products Exiting The Pipeline [View article]
    Yeah, because I'm saving that chart for my Apple article that will be out tomorrow!
    Feb 3 10:44 AM | 5 Likes Like |Link to Comment
  • Google Missed: Where's The Outrage? [View article]
    So Apple gives shareholders $100 billion over three plus years, and can't be trusted.

    But Google, which potentially has the worst legal financial reporting of any name I've seen, is about to execute the craziest stock split in corporate history, can be trusted?
    Feb 3 09:39 AM | 5 Likes Like |Link to Comment
  • Google Missed: Where's The Outrage? [View article]
    1. If the 5C had been priced that low, then everyone would have been complaining about margins.

    2. Everyone wanted a dividend and buyback. Now you are saying it was a mistake. Which is it.

    3. Twitter did not want to sell. Disney never wanted to sell, and Apple would have needed what, $75 billion in debt to buy Disney?

    4. Google management doesn't even show up to the quarterly calls. Apple does not need a new management team.
    Feb 3 09:26 AM | 5 Likes Like |Link to Comment
  • Earnings Preview: Google Q4 2013 [View article]
    Your percentage growth number for revenues is completely false and misleading. Google announced the following in Q4 2012:

    GAAP - $14.42 billion
    non-GAAP (ex-TAC) - $11.34 billion

    GAAP estimates of $16.76 billion don't equal 37% plus growth, and neither does the Zacks' number.

    This is Yahoo! Finance showing wrong information and goes to part of the Google mystery that is completely hyped up and false.
    Jan 28 05:05 PM | 5 Likes Like |Link to Comment
  • Apple: Don't Panic, This Is An Opportunity [View article]
    Look at the number of downgrades and price target cuts today for Apple.

    Then compare that to the number we've seen in Google over the past 9 months. Yes, there is emotion in this.
    Jan 28 10:20 AM | 5 Likes Like |Link to Comment
  • Netflix Is Facing Too Many Headwinds To Justify Its Current Valuation [View article]
    While I am certainly not arguing that investors should run out and buy Netflix right now, there are a bunch of numbers provided as-is in this article without context that are a bit misleading.

    First, while Netflix did guide to less domestic streaming subs in Q4 this year, they have handily beat guidance in a number of quarters, especially last year’s Q4. In last year’s Q4, they guided to about 1.6 or so and came in well over 2.

    Second, while more than 10% of international subs are unpaid, the company has to give out free trials at first when they launch. In past quarters more than 20% of international subs were unpaid.

    Third, as for the “slowing” in international subs year over year. Last year’s Q4 was a launch period, and that gave a huge boost. No mention of this.

    Fourth, Amazon Prime. Prime as a service has 20 million plus subs. But how many of them are specifically using Prime Instant Video? There are Prime subs, home businesses for example, that only use the service for free 2-day shipping. Not all 20 million use the video service, and we don’t have numbers on the breakdown.

    Especially in regards to point 4 with the shipping, there probably are a lot more subscribers that subscribe to both Netflix and Prime than you think.

    Fifth, 45% insider selling? Have a link to this or are you using the joke insider transactions page on Yahoo? The same site that says CEO Reed Hastings owns 0 shares? Also, a number of these sales were from Hoag, who is a board member but is selling as part of the TCV fund that was part of the equity deal in 2011. Yahoo also counts a sale as an exercise-then-sell, which is just an executive taking their salary.

    Six, institutions that apparently have sold 45%, more than 16 million shares? But if this is the case, how do institutions still own 88% of shares? I think Yahoo is adding in all of the short covering as part of this.

    Seventh, complaining about international profitability? They’ve cut losses by 40% despite doubling the sub count. When they expand, they lose money upfront. You can’t complain about slowing growth and profitability at the same time. Contribution margins have gone from -119% to -41% in a year.
    Jan 20 10:53 AM | 5 Likes Like |Link to Comment
  • 2014: The Year Of Apple [View article]
    I guess you missed the point about MSFT then. The point is that MSFT trades at a substantial premium to Apple, despite a bit less growth, and the buybacks are in another league.

    The point about Microsoft is that most analysts agree if the company offloaded the two, earnings would jump tremendously and would push the P/E down to a more reasonable level.

    To analyze one sentence without looking at the context is the clueless part.
    Dec 30 01:18 PM | 5 Likes Like |Link to Comment
  • BlackBerry: Yes, Things Can Get Worse [View article]
    "We all know that a turnaround needs time". Heard the exact same thing when TH took over. How that work out?
    Dec 23 09:01 AM | 5 Likes Like |Link to Comment
  • Apple Investors Should Temper Their Expectations [View article]
    When it comes to Apple, I am one of the most objective Apple writers out there.
    Dec 10 09:16 AM | 5 Likes Like |Link to Comment
  • Apple: Keep Calm And Watch Others Flop [View article]
    I'm segregating the market. Large cap techs, then value names.

    I'm not going to compare Apple to a company that makes soda or sells furniture, am I? No.
    Nov 26 09:17 AM | 5 Likes Like |Link to Comment
  • Apple: Keep Calm And Watch Others Flop [View article]
    Wow. If you really want to look backward. Intel had EPS of $2.39 in 2011. This year it is under $1.90 and they've reduced the share count tremendously since then.

    $3.5 billion drop in net income from 2011-2013. Huge drop. Can't even compare with Apple.
    Nov 26 09:14 AM | 5 Likes Like |Link to Comment