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Dale Roberts

 
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  • Apple: Why The Cash Issue Is So Important [View article]
    As I wrote over a years ago Sorry Your Dividends are not Coming Home Any Time Soon.

    http://seekingalpha.co...

    The tax code works against investors and corporations. From some friends who work on the international tax side, I've heard we don't know the half of it - how 'creative' companies/multinationals can get at moving their money around.

    We should not hold our breath, waiting for those dividends. The money remains on the balance sheet (well most of it), and is there to borrow against.

    Meaning dividend investors indirectly face some of the rate risk that bond investors must manage.

    Dale
    Jul 8 09:03 AM | 1 Like Like |Link to Comment
  • Why Analysts Are Wrong About Apple [View article]
    I did buy some Apple as I had threatened. Ha. I now own two stocks on purpose.
    Jun 18 02:30 PM | Likes Like |Link to Comment
  • The Growth Potential Of Apple's Mac [View article]
    I now own four individual stocks, Apple being one of them. Moved my VYM holdings to VIG (a better total return vehicle for accumulation phase) and did not want to leave Apple behind (it was the top holdings in VYM). Apple also the top holding in SP 500 though, SP 500 also held in our Tangerine Portfolios.

    Being a former (and still recovering ad guy) I love the brand strength. That can go a long way. And hopfully they put their cash to good work.
    Jun 18 02:08 PM | Likes Like |Link to Comment
  • Why Analysts Are Wrong About Apple [View article]
    Thanks for the article. I recently moved out of VYM in my U.S. position, to move to VIG (it's a better total return vehicle for dividend growth), but I had to leave behind Apple as the top position in VYM. As a former ad guy, I simply have to go get some Apple, and I'm not a stock picker. I only hold three individual stocks. The brand is the brand, and it is so strong. I hold Tim Hortons (THI) based on brand love, same story here with Apple.

    Of course Apple is also tops in the SP 500 that we use for our Balanced Portfolios (and where I am accumulating in retirement and tax free accounts). Glad to see Apple in the S&P 500 as well.

    I hope they put their cash to good work.
    Jun 16 07:18 AM | 7 Likes Like |Link to Comment
  • Apple Is Running Out Of Cash To Raise Its Dividend [View article]
    Great article. I was writing about the Apples of the world in this article, Sorry your dividends are not coming home any time soon.

    http://bit.ly/101KnGD

    Here's a horrible irony from that article.

    The hurdle is that U.S. companies cannot repatriate those earnings without facing significant taxes. To be more precise, U.S. companies cannot return those funds to shareholders, buy another U.S. company, invest in new domestic plants and buildings and equipment without facing (potentially) the top corporate tax rate of 35%. Ironically, they can repatriate those profits absolutely tax free if they invest in U.S. "assets" such as U.S. Treasuries.

    Multinationals can bring home those profits to the U.S. (absolutely tax free) thanks to federal tax code, specifically Section 956(c)(2), if they invest those funds in other U.S. assets such as U.S. stocks other than their own, U.S. bonds, or U.S. mutual funds. The company must then pay taxes on any profit and income from those investments. Buying Treasuries - no tax. Paying dividends - full tax.
    Apr 22 05:49 AM | 1 Like Like |Link to Comment
  • Apple Investors May Need A Reality Check [View article]
    Yes, foreign profits are somewhat trapped overseas. Here's a couple of articles I wrote on repatriation of profits and dividends.

    Sorry your dividends are not coming home any time soon.

    http://seekingalpha.co...

    and on currency protection.

    http://seekingalpha.co...
    Apr 2 08:35 AM | Likes Like |Link to Comment
  • Apple: Don't Panic, This Is An Opportunity [View article]
    Maybe, and likely. Then again a new function or model or development could come along and completely damage their business. In the world of fast changing technology it will be about who has the next big thing. There has been no new thing since Mr. Jobs passed away. What company will take this to the next level?

    Things can change in a hurry.
    Jan 29 08:15 AM | Likes Like |Link to Comment
  • Apple: Don't Panic, This Is An Opportunity [View article]
    Becoming a mature business, most everyone who wants an iphone has an iphone. Still a great brand in certain regions.

    I understand they will likely not be able to compete in the developing nations? All said they will likely be able to generate cash for many years moving forward. Strong brands have staying power.
    Jan 28 06:36 AM | Likes Like |Link to Comment
  • Is There A Worm In The Apple? [View article]
    Yes, maybe it's not a worm it that Apple, it's just that there's no Steve in the Apple. They will have to have a hit sans Steve.

    It sounds like Steve did not plant a nice seed or two within that Apple?

    Only time will tell.
    Jan 16 06:20 AM | Likes Like |Link to Comment
  • Why Apple Needs A Cheaper iPhone [View article]
    Apple needs the next big hit. It needs to demonstrate that it can hit a home run without Steve. So far, they have only been tweaking.

    The chances of them being on top in 5 or 10 years I think are very slim. It's a long list of those who were the champions of new tech devices. One innovation can change the ball game in a hurry.
    Jan 15 07:25 AM | Likes Like |Link to Comment
  • Apple Now Priced For 4% Growth [View article]
    I guess the main question might be 'fill in'. When will all of the potential users have smart phones and tablets? From there it's a market share battle.

    That said they are income generating devices. A great idea to get the profits on the telco side as well.
    Dec 18 12:24 PM | Likes Like |Link to Comment
  • Apple Now Priced For 4% Growth [View article]
    Apple still is dominant and certainly offers incredible growth. The brand strength is incredible. People ignore the brand strength (mostly when investing) but that is massive. I wrote an article on that, with Apple as a focus. Strong brands perform better on the earnings front.

    Apple is the dominant brand in North America for brand love. And one of the top globally. That said, they will need the 'next' product one day soon.

    Can they do it without Steve?
    Dec 18 09:53 AM | Likes Like |Link to Comment
  • Apple's Patently Profitable Portfolio [View article]
    But of course, moving forward Apple can move around (and licence )those patents and profits with great fiscal dexterity.

    How much will end up in the pockets of shareholders, or affect share price? I found some interesting stuff when I did the research for this article ...

    http://seekingalpha.co...
    Nov 16 07:02 AM | Likes Like |Link to Comment
  • Use Apple's Cash To Your Advantage [View article]
    Strangely, US corporations must invest in Treasuries or other US "assets" if they want to repatriate those foreign profits tax free. They can't return the foreign profits as dividends, without facing the tax man.

    Covered some of that today, in this article...

    http://seekingalpha.co...
    Nov 15 07:05 PM | 1 Like Like |Link to Comment
  • Steve Jobs Has Passed Away [View article]
    like all inventors he failed and failed and failed again. he kept going. he bet and risked everything. his greatest lesson is that he showed people to never give up and never stop believing in yourself.

    true genius. modern day edison indeed. rip steve...
    Oct 6 06:54 AM | Likes Like |Link to Comment
More on AAPL by Dale Roberts
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