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Bill Maurer  

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  • Apple: Fighting The Battle That Can't Be Won [View article]
    But I was proven more than right. Could be even bigger than expected this quarter.
    Mar 11, 2015. 07:44 PM | 1 Like Like |Link to Comment
  • Apple: Fighting The Battle That Can't Be Won [View article]
    Yes, Apple said on the last call it would only raise prices in extreme circumstances, so that will help. However, some of the price increases are in the low teens, whereas currencies have moved 25%. So still a net negative, but will help more with Q3.
    Mar 11, 2015. 07:09 PM | 2 Likes Like |Link to Comment
  • Apple: Fighting The Battle That Can't Be Won [View article]
    Not really. It seems that people ignored my first warning last week, and that was with the DCI around 96 when I submitted the article. Apple provided guidance at 94, and now we are near 100.

    The DCI year over year change has doubled since Apple's previous quarter ended. That is going to hurt.
    Mar 11, 2015. 06:40 PM | 3 Likes Like |Link to Comment
  • Apple: Fighting The Battle That Can't Be Won [View article]
    Apple has the highest market cap, so technically, it has the most to lose.
    Mar 11, 2015. 06:24 PM | 1 Like Like |Link to Comment
  • Apple: Fighting The Battle That Can't Be Won [View article]
    That depends on the currency movement in the places where the products are made.
    Mar 11, 2015. 06:24 PM | 1 Like Like |Link to Comment
  • Apple: Fighting The Battle That Can't Be Won [View article]
    I guess you missed the point, as the "not enough" was not about Apple, but in regards to the analysts.
    Mar 11, 2015. 06:05 PM | 12 Likes Like |Link to Comment
  • Apple: Fighting The Battle That Can't Be Won [View article]
    Apple stated 4% revenue loss last quarter, was expecting 5% this quarter, and that was when DCI was at 94. They noted a bunch of their hedges were expiring this quarter.
    Mar 11, 2015. 05:56 PM | 2 Likes Like |Link to Comment
  • Apple: Fighting The Battle That Can't Be Won [View article]
    That assumes that the currency Apple pays its suppliers in also appreciates at the same amount. Apple said on the call that margins would also be hurt, mostly because of falling prices.
    Mar 11, 2015. 05:53 PM | 3 Likes Like |Link to Comment
  • Apple: Fighting The Battle That Can't Be Won [View article]
    That was a much different market.
    Mar 11, 2015. 05:29 PM | 4 Likes Like |Link to Comment
  • Apple: Fighting The Battle That Can't Be Won [View article]
    Generally speaking, I don't invest in what I write about (long or short).

    However, the main point of the article isn't "Apple is dead". In fact, if you notice it was tagged as Long Ideas. I'm praising Apple here, more so concerned because of the analyst situation and the currency issue.
    Mar 11, 2015. 05:25 PM | 7 Likes Like |Link to Comment
  • Apple: Fighting The Battle That Can't Be Won [View article]
    Yen is up about 18% over last year and Europe did account for $17 billion in fiscal Q1 sales.

    The main point though is that the DCI is up about 6% since Apple gave guidance.
    Mar 11, 2015. 05:20 PM | 6 Likes Like |Link to Comment
  • Apple: Fighting The Battle That Can't Be Won [View article]
    It may decrease slightly in calendar Q4 (fiscal Q1) because of the high iPhone comparison number, but the Apple Watch will add a new line, plus if the larger screen iPad comes out in the fall that will help. Who knows what else we might see.

    I can still see decent revenue growth going forward, although it would be more impressive if not for the currency issue.
    Mar 11, 2015. 05:18 PM | 11 Likes Like |Link to Comment
  • Apple: Fighting The Battle That Can't Be Won [View article]
    Simply based on nothing? How do you figure that?

    I'm a fan of the company, but when you are the market cap leader, and the dollar moves like this, it will hurt your results. No doubt about it.

    The stock isn't exactly off to the races right now.
    Mar 11, 2015. 05:16 PM | 37 Likes Like |Link to Comment
  • Apple's Currency Problem Becoming More Challenging For The Company [View article]
    It's a problem though when analysts continue to raise estimates over the top end of the company's guidance.
    Mar 8, 2015. 02:42 PM | Likes Like |Link to Comment
  • Apple's Currency Exposure Within Acceptable Limits [View article]
    Apple guided to $52 billion to $55 billion. The company had a massive Q1.
    Mar 6, 2015. 04:49 PM | Likes Like |Link to Comment
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