Seeking Alpha

Jeff Blokker

 
View as an RSS Feed
View Jeff Blokker's Comments BY TICKER:
Latest  |  Highest rated
  • Why Apple Will Repeat History And Plunge Into The Abyss: Time To Call It Quits [View article]
    Market share is important. But there need to be some basic thought injected into the analysis. AAPL's market share loss is in the lower non profitable end of the market for cheep cell phones where it does not currently have a product. If you segment the market into profits AAPL is still ahead.

    Many argue that the low end customers, even thought they are not profitable, are important for the future. But in this business, where time frame compresses into months, how long can they wait for profits to materialize from the low end customers? Google has yet to make much profit out of the APP Market.

    This article points to a 35 year history of AAPL innovation. But concludes that they will never create another product to sell even with a 4 billion dollar R&D budget. That just smells fishy to me.
    May 28 04:08 PM | 5 Likes Like |Link to Comment
  • Apple Share Buyback - The Numbers Talk [View article]
    I think you should compare the return on their current investments to the return on the stock they are buying back. If AAPL is confident in their long term business prospects and feel that their shares are undervalued then they should buy back their own shares.
    May 22 06:49 PM | Likes Like |Link to Comment
  • Apple Share Buyback - The Numbers Talk [View article]
    You have to take into account the cost of funds borrowed to repurchase the shares verses the dividend that they save. This is almost a wash so EPS growth isn't as big as you expect.

    The most important thing is that their idle cash is being put to work and as a result the efficiency (value) of the APPL stock that they are buying back grows. A double win.
    May 22 06:39 PM | Likes Like |Link to Comment
  • Tim Cook's Improbable Victory In Washington [View article]
    I don't get what this has to do with AAPL at all. This is not about AAPL it is about the Tax law. APPL doesn't create the Tax law, Congress does. So if you don't like the Tax laws the change them. Don't wine about how AAPL has found lawful ways to maximize its use of capital. That is what the management of AAPL is paid to do.
    May 22 06:17 PM | 7 Likes Like |Link to Comment
  • Shame On You, Apple [View article]
    It is the excessive taxes which are immoral. Tax courts have ruled that it is not illegal (and not immoral) to minimize your taxes. What is immoral is governments confiscation of wealth propagating the illusion that they are trying to help people. Government dollars spent are the most inefficient segment of our economy. Each government regulation causes increased poverty by raising the cost of business which is passed on to the consumer causing inflation. Government poverty programs only trap families into an endless cycle of poverty. Don't give them welfare give them jobs.
    May 1 01:45 PM | 7 Likes Like |Link to Comment
  • Shame On You, Apple [View article]
    They don't have to pay double taxes only the difference between the international tax paid and the US taxs.
    May 1 01:37 PM | 16 Likes Like |Link to Comment
  • Apple App Store Vs. Google Play [View article]
    This is what is called a strong franchise because Apple has built strong customer loyalty with customers who aren't as concerned only about price. This may be the thing that matters most in the fickle consumer electronics market.

    GooglePlay is catching up only because it has nowhere to go but up. Starting from a small market share it is easy to see 300% growth. But this does not mean they will take over the market. GooglePlay looks weak to me because they should have much more of the market and more revenue due to their larger customer base. They have failed to deliver real customers and have only captured the people who want free stuff but will never pay $1 for an app.

    What you should be looking at is revenue per customer. There is a cutoff where customers who don't add revenue don't count.
    Mar 26 11:32 AM | 2 Likes Like |Link to Comment
  • Is Mighty Apple Really Falling? [View article]
    I think we are talking more that innovation we are talking revolution. There is a big difference. A technology revolution is a disruptive technology that changes the face of the market forever. I do not know of another company with more truly revolutionary technology than Apple. The Personal Computer , the Graphic user interface, iTunes, iPhones, and the iPad.

    But what about the iStore. Who would have thought they could pull that off. I was sure retail computer stores were dead and gone. But Apple turned their retail stores into one of the most important link in their chain and nobody talks about it.
    Mar 23 07:52 PM | 3 Likes Like |Link to Comment
  • Is Mighty Apple Really Falling? [View article]
    It could happen to any cell phone company. But Apple is priced like it has happened. But it has not happened.
    Mar 23 07:41 PM | 4 Likes Like |Link to Comment
  • Why Investing In Apple Is Riskier Than You Think [View article]
    I don't know why imagining it in 50 years has anything to do with Apple as an investment. Apple is the biggest creator of disruptive technology. This means that it creates technology that nobody imagined 10 years ago. So of course you can't imagine it. That's is the point and that is good. It is the nature of the industry an why Apple is a good investment. Not because of what it has done in the past but because what it will do in the future that we can't even imagine.
    Mar 20 12:33 PM | 2 Likes Like |Link to Comment
  • Why Investing In Apple Is Riskier Than You Think [View article]
    CEO's are basically cheerleaders and are there for public perception. Most of the real work is done in the trenches and then the CEO takes all of the credit. Apple is much more than Steve Jobs or Tim Cook. It is only when you get a really bad CEO in a troubled industry that it matters. Steve Cook is not a really bad CEO and Apple is not in any troubled industries. Apple may loose some or its leadership in its markets but it will still remain a top competitor in the fastest growing markets.
    Mar 20 12:23 PM | 6 Likes Like |Link to Comment
  • Apple Slim Down, Buy When There's Blood In The Streets [View article]
    Google is a house of cards at this price. Start to lighten up on your Google. The business of spying on your customers and selling the info to the highest bidder is sleazy and can't last. Insiders are selling Google. The people who follow the crowd are buying Google. That should tell you something.
    Mar 18 03:34 PM | 12 Likes Like |Link to Comment
  • Apple - Hold On Tight And Don't Play Wall Street's Game [View article]
    I think they will see the $705 again. But they will have to wait. If you only add the earning, it will take about 5 years. I don't know any other place where they could earn the loss back faster so they should stay put. The lesson here is not to look at the past losses or gains to make decisions but to look only at the future potential.
    Mar 18 12:33 PM | 1 Like Like |Link to Comment
  • Apple: Do You Hear The Crickets? [View article]
    Has anyone thought that the smart phone market may be in the the beginning of a price war. If that is the case then Apple wins because it has 137 Billion to stomp Samsung back to the stone age.

    Apple is going to offer a phone so cheap that Samsung (and everyone else) will not make any money on their phones. It is just that easy. Do you think Apple is afraid of Samsung or Samsung afraid of Apple. Think about it!
    Mar 16 12:59 PM | 7 Likes Like |Link to Comment
  • Apple: Do You Hear The Crickets? [View article]
    No, sell it to me!
    Mar 16 12:56 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
74 Comments
163 Likes