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  • Apple (AAPL): FQ1 EPS of $13.81 beats by $0.37. Revenue of $54.51B (+18% Y/Y) misses by $220M. 47.8M iPhones, 22.9M iPads, 4.1M Macs, 12.7M iPods. Expects FQ2 revenue of $41B-$43B, below $45.6B consensus. Shares -4.3% AH. (PR[View news story]
    This was a 13 week quarter, not 14 like Q1 2012.

    On a comparable basis, earnings for this quarter would be 7.6% more:

    $14.86 per share on $58.65B of revenue.

    Looks like rock solid earnings to me...
    Jan 23, 2013. 05:02 PM | 19 Likes Like |Link to Comment
  • Apple: A Few Signs Of Trouble [View article]
    Yay, let's do an evaluation on Apple at their lowest point in the product cycle. Silly...

    Let's get real here people, Apple will be introducing many upgraded products and most lilely even a few new product categories. Apple doesn't rush their product lines just to satifsy numbers on a quarter by quarter basis. They are in it for the long haul.
    Aug 6, 2013. 12:26 PM | 13 Likes Like |Link to Comment
  • The Bear Case And The Bull Case For Apple: Which Is More Convincing? [View article]
    "It seems though that they have peaked regarding innovation."

    How do people automatically come to this conclusion?

    New product categories from Apple don't happen overnight.

    Great products take time...
    Jul 15, 2013. 10:27 AM | 12 Likes Like |Link to Comment
  • Apple (AAPL) roundup: 1) Russia's top 3 carriers - MTS (MBT), VimpelCom (VIP), and Megafon - have decided to stop carrying the iPhone, citing Apple's purchase, subsidy, and marketing requirements. MTS and VimpelCom have 300M+ subs between them in various emerging markets. 2) Fingerprint sensor and LCD driver chip yield issues will lead ~3M iPhone 5S units to be delayed from calendar Q3 to Q4, Digitimes reports. 3) Frost & Sullivan estimates Apple TV had a 56.1% share of the 2012 IP streaming device market. 4) Evercore observes rumored M&A target PrimeSense has developed tech that's applicable to gaming and smart TV controllers, as well as a sensor chip for notebooks/tablets. (iOS 7/game controllers: I, II[View news story]
    My guess is that the iPhone will become even more desired now that they've made it difficult to obtain.

    Make a great product that's rare and people will go nuts looking for it and in-turn pay ridiculous prices to obtain it.
    Jul 16, 2013. 06:56 PM | 11 Likes Like |Link to Comment
  • Danger Zone For This Week: Apple [View article]
    Agreed! Please short Apple and tell all your fund buddies to do the same. Why? Because I want Apple to buy as much stock as they can with their buyback money while I continue adding to my position.

    I love people like David Trainer & Company. They allow me to buy great companies on sale.

    See you at $1,000 per share in less than 5 years, David!
    May 15, 2013. 12:26 PM | 11 Likes Like |Link to Comment
  • Julian Robertson's Tiger Management unloaded the 42K Apple (AAPL) shares the firm still had going into Q1. Tiger, which has owned Apple for years, had pared its stake from 101K in Q4. On the other hand, Tiger initiated positions in Dunkin' Brands (DNKN - 546K shares), Monsanto (MON - 192K), McGraw Hill (MHP - 408K), and H&R Block (HRB - 849K). AAPL -1.1%. (13F) (Q4 hedge fund sales[View news story]
    Silly move. Apple is a much better company than all of those combined.
    May 15, 2013. 09:52 AM | 10 Likes Like |Link to Comment
  • Apple: How To Admit You're Out Of Ideas [View article]
    Umm, they specifically said on yesterday's conference call that shares issued to employees would be roughly $1 billion dollars worth per year.

    They're buying back $60 billion worth of shares over 32 months.

    Do the math!
    Apr 24, 2013. 10:42 AM | 10 Likes Like |Link to Comment
  • 'Cannibalization' Isn't Really Bad News For Apple [View article]
    As an innovator, Apple has to cannibalize itself or else we would be left with flip phones, iPods and Windows PCs.
    Dec 28, 2012. 11:23 AM | 9 Likes Like |Link to Comment
  • Apple (AAPL) is at risk of losing one of its key competitive advantages over Google’s rival Android system as application developers say they are becoming more constructive with Google's (GOOG) Android smartphone platform. GOOG's app store has long lagged AAPL's iPhone, however the sheer scale of Android, which now accounts for three out of every four smartphones sold, is commanding developers’ attention, despite their continuing difficulties in monetizing the platform. [View news story]
    "Apple's U.S. smartphone share at 53.3 percent, thanks in part to strong sales of the iPhone 5. That number was up from 35.8 percent a year prior. And it's likely to grow."

    Dec 27, 2012. 07:29 PM | 9 Likes Like |Link to Comment
  • Cisco Valuation Suggests A Reality Check With A Warning [View article]
    Here's some simple numbers for you:

    Current share price = $16.11
    Cash on hand per share = $9.19

    Effective purchase price = $6.92 (16.11 - 9.19)

    Past 5yr Average EPS = $1.20

    Years to recoup full investment of $6.92 = 5.77 years (6.92 / 1.20)

    If you had the $86.3 Billion required to purchase Cisco in its entirety, you'd effectively pay $37.05 Billion (Current Market Cap minus Cash on Hand) and it would only take you 5.77 years to recoup your purchase price of $37.05 Billion. At the end of 5.77 years you would have an entire Cisco Company to sell for zero cost.

    Long CSCO (if you couldn't already tell)
    Jun 4, 2012. 07:27 PM | 9 Likes Like |Link to Comment
  • China Mobile poster leak suggests iPhone launch on tap [View news story]
    IMPORTANT! Remember timing is everything. Apple and China Mobile will not make an announcement until iPhone 5S supply issues are ironed out. No sense releasing a product with China Mobile if you already can't keep up with demand. Look for a November release on China Mobile with a possible October announcement.
    Sep 26, 2013. 02:15 PM | 8 Likes Like |Link to Comment
  • Apple: Q4 Expected EPS Of $7.78 Based On Guidance And Past History [View article]
    Please go buy your Google, Ford and Amazon stock.

    I'll stick with my long term AAPL holding.
    Aug 6, 2013. 12:18 PM | 8 Likes Like |Link to Comment
  • iOS 7 (AAPL) comes with specs enabling game controllers to interact with iDevices, according to a developer doc seen by the WSJ. Though the doc says controllers "must not be required" for a game to work, it's still likely music to the ears of game developers (EA, ATVI, TTWO, GLUU), who have both been trying to profit from tremendous mobile gameplay growth, and struggling to get users to pay up-front (as opposed to downloading free-to-play titles). The report comes a month after Tim Cook said Apple will give developers more options to customize iOS, and days after IDC and App Annie predicted mobile game revenue will top $12B this year. Nvidia (NVDA) is trying to kick-start controller-based Android gaming via its Shield console[View news story]
    Big deal for Apple, Kurt, because they have tons of games, unlike Smack-A-Berry.
    Jun 14, 2013. 06:45 PM | 8 Likes Like |Link to Comment
  • Jefferies' Peter Misek cuts his price target on Hold-rated Apple (AAPL) to $420 from $500. He's slashing his revenue numbers and seeing about a 25% chance the company misses Q1 guidance after Jefferies' recent supplier checks. "Historically when handset makers fall out of favor, they fall faster/further than expected." Shares -0.7% premarket. [View news story]
    Who cares. It's a cheap plastic phone with a glitchy OS.
    Mar 12, 2013. 10:37 AM | 8 Likes Like |Link to Comment
  • Apple's Cash Hoard Is An Asset, Not A Liability [View article]
    Why reward the short term holder with a special dividend?

    Instead, Apple should continue rewarding the long term holder and raise the dividend as they see fit.
    Jan 6, 2013. 11:05 PM | 8 Likes Like |Link to Comment