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Bill Maurer

 
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  • Apple: A Record Quarter That Slightly Disappointed [View article]
    I wouldn't say heavy volume - it was basically 1/2 of the April quarter's day after volume and roughly 1/3 of the January quarter's day.

    Sure, it looks heavy compared to recent days, but for an earnings day, it wasn't that much.
    Jul 23, 2014. 07:16 PM | Likes Like |Link to Comment
  • Apple: A Record Quarter That Slightly Disappointed [View article]
    I thought it might pull back a little on the disappointing revenue number and low guidance. Maybe a market pullback as well.
    Jul 23, 2014. 10:37 AM | Likes Like |Link to Comment
  • Apple: A Record Quarter That Slightly Disappointed [View article]
    Many people out there were looking for 38 million plus. I thought my estimate was rather reasonable.
    Jul 23, 2014. 10:02 AM | Likes Like |Link to Comment
  • Apple: A Record Quarter That Slightly Disappointed [View article]
    That's also because they took out $14 billion in debt.
    Jul 23, 2014. 08:58 AM | Likes Like |Link to Comment
  • Apple: A Record Quarter That Slightly Disappointed [View article]
    Still missed though.
    Jul 23, 2014. 08:56 AM | Likes Like |Link to Comment
  • Apple: A Record Quarter That Slightly Disappointed [View article]
    Not quite the top end. And when you have a huge blowout last quarter plus a huge rise in the stock, Apple needed to do a little better.
    Jul 23, 2014. 08:56 AM | Likes Like |Link to Comment
  • Apple: The Final Countdown [View article]
    Apple gets the most coverage because it has the largest market cap, so it has the most impact on several indices (S&P 500, NASDAQ).
    Jul 22, 2014. 12:51 PM | Likes Like |Link to Comment
  • Apple: The Final Countdown [View article]
    Well, remember that the statement was 40% increase in production by Dec. 30th. Any models produced on 12/30 are likely not going to be sold until the following quarter (fiscal Q2).
    Jul 22, 2014. 12:32 PM | 1 Like Like |Link to Comment
  • Apple: The Final Countdown [View article]
    This wasn't supposed to be a full article - just a quick last minute update.
    Jul 22, 2014. 12:07 PM | 4 Likes Like |Link to Comment
  • Apple Earnings Preview: Expectations Are High [View article]
    You can go back and review all of my predictions, but in the past roughly 2.5 years, I've almost hit the revenue number dead on twice, hit the guidance a number of times, hit some other items as well.
    Jul 21, 2014. 11:37 PM | Likes Like |Link to Comment
  • Apple: Why The Cash Issue Is So Important [View article]
    We don't know the exact day. Apple will tell us at the quarterly report how much was spent during the quarter.
    Jul 10, 2014. 12:59 PM | Likes Like |Link to Comment
  • Apple: Why The Cash Issue Is So Important [View article]
    I think you meant they get more interest. If rates go up, prices go down.
    Jul 10, 2014. 11:53 AM | Likes Like |Link to Comment
  • Apple: Why The Cash Issue Is So Important [View article]
    Well, actually, if you look at the financial ratios, the new debt is making the balance sheet worse, especially if they buy back a bit of stock. I'm not saying that Apple is in any financial trouble of course, but some of the ratios will be getting "weaker" in the purest sense with what Apple is doing.
    Jul 8, 2014. 07:11 PM | Likes Like |Link to Comment
  • Apple: Why The Cash Issue Is So Important [View article]
    If Apple runs the US cash balance down to a base bottom level that it needs to operate, it would be forced to refinance the debt rather than pay it back. If rates are higher...

    Sure, they aren't forced to take on debt, but if they want to execute such a large buyback, they need the debt, so are they forced are not? Perhaps.
    Jul 8, 2014. 06:20 PM | 2 Likes Like |Link to Comment
  • Apple: Why The Cash Issue Is So Important [View article]
    While that is true in theory, it doesn't apply if Apple takes out debt and uses in on the buyback, depending on the rates, while it gets even less on the securities it holds.

    Through the first half of the fiscal year, Apple's "other income" totaled $471 million, down from $809 million in the prior year period.

    Apple's dividend and interest income was flat for the period, but the $169 million in interest expense was compared against $0 in the prior year period. Some other expenses also were larger than the prior year period.
    Jul 8, 2014. 03:08 PM | 1 Like Like |Link to Comment
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