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Richard Glenn  

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  • Apple Watch: Disruptive, Profitable, And Yes, The Next Big Thing [View article]
    The Apple watch demo was very cool, but at the end of the day huge new markets in consumer electronics just don't happen without a killer app, and I didn't see one at the demo today. I think the watch will be a big disappointment, lucky to sell even 25mm units in 2015 unless they can find a "must have" use for it. The iPhone 6 on the other hand will make life very hard for the Galaxy phone. I imagine that the main reason people bought the Galaxy in the past was for the extra large screen, and now that advantage is gone.

    The real game changer at this keynote, however, was not the phone or the watch, but the apple pay. That is a new killer app for the iPhone, and not only will it help drive record breaking sales, but once people feel the ease and security of paying with their phone, switching to a competing phone will be like going back to a horse and buggy. I think it will represent the biggest increase in "stickiness" for the apple ecosystem that we have seen in years, unless samsung can figure out a way to duplicate it.
    Sep 9, 2014. 07:54 PM | 4 Likes Like |Link to Comment
  • Apple: The Law Of Large Numbers And Declining Margins Point Towards Average Stock Returns [View article]
    Nice article - my thoughts exactly. I'm long apple and a long time apple user, but there is a very good reason that the stock always has a low p/e.
    And all of you folks complaining about the misuse of the "law of large numbers" take a deep breath. Used in this context, it means exactly as the Author used it - As a company gets bigger, % growth gets harder and harder to come by.
    Nov 13, 2012. 09:44 AM | 1 Like Like |Link to Comment
  • How We Made 613% With Apple Options In 7 Weeks And Expect To Do It Again In 4 Months [View article]
    Just wanted to point out that if fully invested this is a VERY risky strategy. Take a very hard look at the P/L graph above. A substantial move up or down (which apple makes a couple times a year, on average) exposes this strategy to an almost complete wipe out. Any strategy that suffers regular 80%+ losses is going end in tears, even if it has great returns the other nine times out of ten.
    Options are an amazing tool for investors, but they are much more complex than plain vanilla stocks, and anyone promising huge, low risk returns trading them is just plain dangerous to your wealth. Like Klobbasa, I would also like to hear the outcome of the SEC fraud complaint against the author.
    Sep 16, 2012. 11:20 PM | 1 Like Like |Link to Comment
  • Using Buffett's Favorite Ratio To Analyze Apple And Its Industry [View article]
    Great article. It's always important to look at real cash as it circulates through a company. One question though. According to this analysis, Apple would look much better the day after it pays out a one time $20 share special dividend to shareholders. This, despite the fact that buyers would now be getting exactly the same company, minus the cash in the bank. It seems that you need a way to treat a cash hoard differently from other (non liquid, and in most cases required) PPE. Thoughts? Thanks again.
    Jan 9, 2012. 12:55 PM | 1 Like Like |Link to Comment
  • Why Apple's Cheap [View article]
    A great analysis of why the stock is so persistently cheap. Unlike most mega cap corporations Apple has to keep reinventing it's products (or coming up with great new ones) every few years. So far, it has knocked the ball out of the park time after time, and the stock pops accordingly. One miss, though, and the shares will fall through the floor.
    Dec 6, 2011. 12:27 PM | 1 Like Like |Link to Comment
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