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Steve Jobs (AAPL) takes medical leave of absence, leaving COO Tim Cook in charge again. Jobs:...

Steve Jobs (AAPL) takes medical leave of absence, leaving COO Tim Cook in charge again. Jobs: "Unfortunately, the curiosity over my personal health continues to be a distraction not only for me and my family, but everyone else at Apple as well. In addition, during the past week I have learned that my health-related issues are more complex than I originally thought." AAPL -8% in Frankfurt. (PR)
Comments (56)
  • mikeybronx
    , contributor
    Comments (347) | Send Message
     
    having battled health issues, i only want to wish Mr. Jobs much success in his road to recovery. health before anything. good luck!
    17 Jan 2011, 09:06 AM Reply Like
  • Tricky
    , contributor
    Comments (1583) | Send Message
     
    Someone voted thumbs down to an innocuous, well wishing post?
    17 Jan 2011, 11:27 AM Reply Like
  • Archman Investor
    , contributor
    Comments (2353) | Send Message
     
    I do not own shares of Apple stock but it is a shame that they decided to make this announcement when the US markets are closed.
    I mean Apple stock makes up 25% of the entire Nasdaq right now.

     

    I wish Mr. Jobs a full recovery as well.
    17 Jan 2011, 09:15 AM Reply Like
  • nobby73
    , contributor
    Comments (1177) | Send Message
     
    Apple has become the benchmark of the US equity recovery, so as strange as it may seem, this is going to reverberate throughout the global markets.

     

    I can't see it having a massive effect on the long term success of the company, but we have created the cult of CEO, and Jobs is the archetypal example of this. The problem for the equity price is this is an incredibly crowded trade and if the hedge fund community starts dumping, it's going to create a momentum....
    17 Jan 2011, 09:31 AM Reply Like
  • wyostocks
    , contributor
    Comments (7634) | Send Message
     
    A well thought strategy to give the American market time to digest the news. I also do not own the stock.

     

    Why all the thumbs down to comments wishing Jobs good luck with his health battles?
    17 Jan 2011, 12:23 PM Reply Like
  • kmi
    , contributor
    Comments (3984) | Send Message
     
    Well, it's intersting, I was just telling a friend that Apple's bag of tricks is depl;eted, and Apple themselves are on record as saying that they don't have anything huge on the horizon - the past few toys have been Facetime, a CDMA iPhone, and Apple TV - and the next few seem to be... a slightly redesigned iPhone, and an iPad with cameras and a nicer screen.

     

    Just when the competition brings its guns to bear and Apple's bag of tricks is depleted, Jobs needs to take a break....

     

    Personally I find the cult of Jobs hilarious, he is no doubt a good CEO but following the timeline, much of what he accomplished was the result of being in the right place at the right time. It really is better to be lucky than good.
    17 Jan 2011, 12:37 PM Reply Like
  • wyostocks
    , contributor
    Comments (7634) | Send Message
     
    KMI, couldn't agree more. The company is so overhyped its rediculous. The PE of Ca. 23 is also pure fluff.

     

    I've always thought it ironic that the young people who buy all the products are always ranting about the evil corporations but fail to realize that Apple is the poster child for being the evil corporation. Add to that how overpriced their products are and, well you get the point.

     

    If the stock tumbles there will sure be a lot of red faced Wall Streeters for have over hyped this company for years.
    17 Jan 2011, 12:51 PM Reply Like
  • Credible Clarity
    , contributor
    Comments (160) | Send Message
     
    Agree that reasonable strategy to reveal this news when the US markets are closed. Let them digest. Plus, Apple will report this week, and they already know they have blow out numbers to offset concerns about Mr. Jobs health.
    17 Jan 2011, 12:55 PM Reply Like
  • trey3216
    , contributor
    Comments (28) | Send Message
     
    Nice post wystocks. The crowd that loves Apple and hates Big Oil (because they make outrageous profits) don't realize that Apples margins are around 40% and Big Oil's around 7%. Yeah, 7% margins on $200 bn in revenue is a lot of money, but only in gross numbers. They are feeding the profit monkey that is Apple and crying about the gas that gets them to the zoo.
    17 Jan 2011, 01:02 PM Reply Like
  • Apple Diner
    , contributor
    Comments (222) | Send Message
     
    Typical hater nonsense. Jobs has been recognized for his leadership at Apple justifiably. If he never returns, so be it, but the whining over his success and recognition for bringing Apple back from the brink is quite effeminate.
    18 Jan 2011, 01:06 AM Reply Like
  • mhenders
    , contributor
    Comments (6) | Send Message
     
    Yo, wyostocks. A product is obviously not overpriced, if the market is buying it up in such quantities that demand can't be met. I thought that was economics 101.
    18 Jan 2011, 05:52 AM Reply Like
  • Sepod
    , contributor
    Comments (16) | Send Message
     
    Apparently, you won't be happy with Apple, until they debut a killer product once or twice every Single Day...Weekends too. Apple is the most innovative Corporation in business history.

     

    10 years ago, they were simply a computer Co. In the year 2001, the market was overloaded with portable miniature radios and CD players. Apple decided they could possibly make a dent in this multi-billion dollar business...Bingo, they became the biggest player by far, and controlled more than 80% of this business in very short order.

     

    Several years later, Apple looked at the Smart Phone Market and thought they could take this market and take it in a different direction. Well, they did, and they are still selling, record numbers of their iPhone's.

     

    Since there were no more products on the market, that they wanted to better, they decided to try something new, although, it had been attempted many times before, no one was able to sell many. The product was a tablet, which Apple referred to as the iPad. Naturally, as soon as Apple released their iPad, Bingo...like all their other products, it was an instant best seller.

     

    Just a note about Apple TV. They are still working on uses for Apple TV, and I will wager with anyone here, that within a years time, or perhaps a bit more, they will have another humongous hit on their hands. Stan
    12 Feb 2011, 11:54 AM Reply Like
  • inthemoney
    , contributor
    Comments (981) | Send Message
     
    Just when everybody said the Apple was going to the moon. It tends to happen that way.
    Regardless, I hope Steve Jobs overcomes his health problems. it is the right decision.
    17 Jan 2011, 09:35 AM Reply Like
  • linenoise
    , contributor
    Comments (215) | Send Message
     
    The top 5 hedge fund holders of apple own around 200M shares. Tomorrow could be interesting.
    17 Jan 2011, 09:50 AM Reply Like
  • herbert hoover
    , contributor
    Comments (2005) | Send Message
     
    Someone bought 50000 puts on QQQQ last week. I wonder if anyone knew?
    17 Jan 2011, 12:08 PM Reply Like
  • inthemoney
    , contributor
    Comments (981) | Send Message
     
    I think it was just a market call. I was thinking just last friday to short Nasdaq also because it is full of overhyped companies and it the market is nearing resistance.
    17 Jan 2011, 02:11 PM Reply Like
  • Apple Diner
    , contributor
    Comments (222) | Send Message
     
    It'll be interesting because if there is a large drop, I'll be snatching up every extra share I can afford.
    18 Jan 2011, 01:08 AM Reply Like
  • DinNYC
    , contributor
    Comments (73) | Send Message
     
    a bad omen, but arguably could be THE worst time to sell ahead of this quarter which will register the surge in ipad demand that bhas occurred over past few months.

     

    terribly irresponsible timing of the announcement.
    17 Jan 2011, 09:59 AM Reply Like
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    DinNYC, Yeh, most of us time our medical problems so much better. I suppose you meant to say, "How dare the CEO behave like this. This just shows how little regard today's CEO have for investors."

     

    I happen to think the timing is pretty good. Imagine what would happen if there was any weakness in Apple at the time of the announcement.
    17 Jan 2011, 10:15 AM Reply Like
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    DinNYC, Furthermore after all the flack about his previous medical problems and lack of announcements, not announcing before the quarterly conference call would probably have ended up by Obamam putting him in jail. After all it would only have been fair. But after thinking about it for 1/2 second, Jobs has enough money to pay that special tax (tee hee hee), so in the end he probably would have avoided jail. But why pay the special tax when you don't have to.
    17 Jan 2011, 10:22 AM Reply Like
  • ilmor
    , contributor
    Comments (17) | Send Message
     
    Nows the time to hold fast to the long position as planned; what goes down will go up when it comes to $AAPL .
    17 Jan 2011, 10:12 AM Reply Like
  • mrmarina
    , contributor
    Comments (4) | Send Message
     
    I am short Apple and the NDX, but this is not the way I wanted to profit. Regardless of someone's view of Jobs, his contribution to society is matched by few.

     

    The stock was going to be sold after earnings regardless of the Jobs news. This announcement was the responsible thing to do, rather than letting the stock spike up going into earnings only to get trashed.

     

    AAPL is a great company and in a sweet spot... time to sell! Everyone is in, including 48 of 50 WS analyst. Who is left to buy when everyone runs for the exit?

     

    This is the catalyst that will mark the peak of both AAPL and the NDX. Use any bounce after earnings to get the hell out!
    17 Jan 2011, 10:22 AM Reply Like
  • WisPokerGuy
    , contributor
    Comments (781) | Send Message
     
    I could NOT disagree with you more [mrmarina]. There is a reason everyone owns Apple --- they make the most demanded of products by the majority of consumers around the world. What's not to like??? They are also the United States preeminent manufactures. If you believe the economy is getting better in the US and around the world, this stock is one to own. Even if Steve Jobs did remove himself from the company permanently, selling on this news would be the most boneheaded thing an investor could possibly do. Personally, Steve Jobs or no Steve Jobs, Apple as a stock will easily reach $400 and possibly much higher in the next 6-12 months.

     

    The aritcle indicates that Apple stock is trading down 8% in Europe? That is a GIFT price for the long term investor. My advice would be the complete opposite of what [mrmarina] suggests above --- BUY heavy and hold LONG and you'll be very happy you did in 6 months.

     

    I hope Mr. Jobs recovers because he is a fabulous innovator. But Apple as a company is a great story either way (much bigger then a single person) and this news changes none of that.
    17 Jan 2011, 10:44 AM Reply Like
  • mrmarina
    , contributor
    Comments (4) | Send Message
     
    I agree... what's not to like? Unfortunately, the same could have been said for so many other companies at their peak of popularity. MSFT, CSCO, DELL, even WMT for that matter. All of those companies continued to produce, but their stocks did not.

     

    On paper, AAPL seems cheap, and it certainly is not priced like some internet stocks were back in 2000, but things change in ways that most of us can't predict. No other company has a cult following like AAPL and one day that will be it's demise... at least as far as the the stock is concerned.

     

    I have always loved AAPL products and even the stock back when it was a dog, but the stock will be dead money in 2011.
    17 Jan 2011, 11:00 AM Reply Like
  • mrmarina
    , contributor
    Comments (4) | Send Message
     
    Besides the Jobs news, the stock is setup for a huge disappointment following the Verizon news. Who is dumb enough to buy the current Iphone that only runs at 3G speeds with all the 4G Android phones coming out at the same time?

     

    AAPL ownership of the tablet market is going to be tested this year. There will be many more bumps in the road for AAPL and as perfect as 2010 was for this company, expect 2011 to be very rocky.

     

    Look for institutional distribution from now till the new Iphone 5G is announced in May or June. Apple headed back down to $250.
    17 Jan 2011, 10:40 AM Reply Like
  • Atkins
    , contributor
    Comments (1037) | Send Message
     
    mrmarina, I think you substantially underestimate AAPL. I spent a significant part of the last month overseas in several countries on three continents, and I can tell you that all I heard from people in each of these countries was "Apple, Apple, Apple." I got tired of them asking me if I had the i-pad, i-phone, etc. (and how much they wanted to buy the i-pad in particular).

     

    As part of my own due diligence during my travels, I stopped into Apple stores wherever I could, and I can honestly say that people are putting their money where their mouths are. It's amazing what can be gained by actually watching customers shop. Kind of like the pest-control business, where the technicians watch the path of the ants before prescribing the remedy.

     

    Finally, talk to the savvy kids with (parental/Christmas) money to spend and the tech geeks, and nearly all of them will tell you that the tablet market is there for Apple's taking. None of them wants a "cheaper" knock-off i-pad by ABCD Technological Company in 2012.

     

    I do own some AAPL (not a lot), and I do feel it's a pricey stock, but if my own observations are any indication, it's got a lot more room to run. If it drops to $250 for any prolonged period, then I need to buy a new pair of glasses through which to observe the ants at the APPL store.

     

    Apple products are a lot like my cross-training shoes. I have a pair from Wal Mart that I really like and that is just as good as my Nikes; however, there is something intrinsic in wearing those Nikes...seems to put an extra spring under my step. Psychology, perhaps, but so is Mr. Market nowadays.
    17 Jan 2011, 05:50 PM Reply Like
  • Frank J. Constantino
    , contributor
    Comments (236) | Send Message
     
    Atkins - I agree with you. The people buying AAPL products don't care who the CEO is. As long as AAPL can continue being innovative, they will continue to sell products.
    17 Jan 2011, 07:20 PM Reply Like
  • Apple Diner
    , contributor
    Comments (222) | Send Message
     
    Well, we do care who the CEO is, and for now Jobs will remain CEO while Cook runs the day-to-day operations.
    18 Jan 2011, 01:10 AM Reply Like
  • Duude
    , contributor
    Comments (3358) | Send Message
     
    The stock may not take on all that much water. Most remember what a seamless transition from Jobs to Cook the last time. Cook actually managed to improve Apple's inventory problems during his last stint. I'm sure he will do a good job this time as well. As for Steve Jobs and his family, I wish him all the best. Its unfortunate that pancreatic cancer is such a reliable killer. But the fact that Jobs is also a liver transplant recipient isn't good. As I understand, transplanted livers have an average life after transplant of 7 years, which it has now been.
    17 Jan 2011, 10:48 AM Reply Like
  • Apple Diner
    , contributor
    Comments (222) | Send Message
     
    I thought it's only been about 2 or 3 years since the liver transplant...
    18 Jan 2011, 01:12 AM Reply Like
  • Duude
    , contributor
    Comments (3358) | Send Message
     
    You are correct, I'm wrong. He had his transplant in 2009.
    18 Jan 2011, 08:40 AM Reply Like
  • Mr Lory
    , contributor
    Comment (1) | Send Message
     
    Hoping Steve has a swift recovery.

     

    If we look back to the stock's reaction to similar news in Jan. 2009, AAPL dropped from an early Jan. peak of about 95 (1/5/09) to 78 (1/20/09). Although rumors of ill-health had been running through 2008, his leave-of-absence announcement was 1/14/09.

     

    After the 1/14 announcement, we had 3 down days, but then 6 up days, and AAPL traded back to 95 on Jan 28.

     

    So look at this news as a buying opportunity.

     

    Mr. Lory is long AAPL.
    17 Jan 2011, 11:02 AM Reply Like
  • User 497449
    , contributor
    Comments (2) | Send Message
     
    I thought it was strange they postponed the announcement where he was supposed to appear with Ruppert Murdoch and announce the new News Corp app. Perhaps Steve and his friends at Apple can figure out a way to transplant I Pod Touches for any of his internal organs that have gone awry. I love my Apple products and just wish somehow they could fix what ails Steve. For all those that trash Apple products, they have transformed our world and will continue to do so. Hopefully Steve can live long enough to see more of his vision realized.
    17 Jan 2011, 11:04 AM Reply Like
  • Internal Source
    , contributor
    Comments (313) | Send Message
     
    Nobody's talking about the fundamentals. Steve or no Steve, the company is forecast to earn anywhere from $20-26 per share in 2011. Apply a 20 multiple to the shares and you have a $400-500 stock. Unlikely earnings will suddenly drop (anything Steve had part in innovating for 2011-2012 is likely to be in late stage testing now) and multiples will contract (the firm's growth rate is unlikely to suddenly fall, and the multiple of growth investors will pay isn't likely to fall) so I see the effect on the shares to be the usual knee-jerk reaction, and fundamentals will prevail ultimately. Other posters talk about WMT, MSFT, etc. but they are all about market saturation, whereas Apple (with comparatively small share) is all about growth.
    17 Jan 2011, 11:14 AM Reply Like
  • mike mohr
    , contributor
    Comments (451) | Send Message
     
    They said the same thing about QCOM back in 2000. QCOM invented a technology. Touch screen has been around for years anyone can make a touch screen phone to name a few NOKIA, SAMSUNG, MOTOROLA.
    17 Jan 2011, 11:39 AM Reply Like
  • Tom B
    , contributor
    Comments (3624) | Send Message
     
    "anyone can make a touch screen phone to name a few NOKIA, SAMSUNG, MOTOROLA"

     

    Yea, but is the only company that has been able to make one worth owning.
    17 Jan 2011, 12:25 PM Reply Like
  • mike mohr
    , contributor
    Comments (451) | Send Message
     
    Tom, It is only hype by media so the hedge funds unload their shares to retail investors. iPhone, iPad are good products and fun but it is not a necessity. You can get the job done using Nokia, or Motorola phones.
    17 Jan 2011, 12:46 PM Reply Like
  • swissfrank
    , contributor
    Comments (492) | Send Message
     
    "iPhone, iPad are good products and fun but it is not a necessity. You can get the job done using Nokia, or Motorola phones."

     

    Great denim jeans are not a necessity. You can "get the job done" by tying two plastic trash can liners around your legs.

     

    Great domaine bottled Burgundy is not a necessity. You can "get the job done" with a bottle of two buck chuck.

     

    Etc Etc

     

    I've used great (and a few not so great) Apple products since the mid 1980s. They "got the job done" ... but they did a bit more than that. Cool looks were a bonus but it was the other bit of the 'design' that really got me - how the technology interfaced with the human user.
    17 Jan 2011, 02:50 PM Reply Like
  • mike mohr
    , contributor
    Comments (451) | Send Message
     
    This only show how rigged this market is. Without AAPL pump market is about to go down. iPhone is only a phone and iPad is only a tablet, they are merely fun gadgets. The Margins for hardware always contracts.
    17 Jan 2011, 11:27 AM Reply Like
  • Donald Johnson
    , contributor
    Comments (460) | Send Message
     
    Having owned Apple products for going on 25 years and under-estimated its stock since it went public, I'm very sorry to see the news about Jobs' health. It doesn't look good in any way.

     

    Tim Cook, however, obviously has proved that he can run the company, given its performance during Jobs' last medical leave. The board's vote of confidence in the form of a nearly $60 million bonus shows that they consider him the heir apparent.

     

    If AAPL's stock stagnates, as appears likely, it won't be because of Jobs' health problems, I think.

     

    1. It's losing its dominance in smart phones
    2. Based on my experience with the iPad, I think it's a fad that won't last.
    3. iPod seems to be at the saturation stage.
    4. Consumers, politicians don't like the fact that Apple app developers track users' intrusively, and that could hinder ad sales long-term for Apple, Google, etc.
    5. Politicians/dictators around the world are trying to censor the Web.
    6. It's only a matter of time before EU anti-trusters Google Apple.
    7. Content producers seem to be favoring Android over iOS.
    8. Price competition is intensifying as more credible competitors take on Apple.

     

    On the flip side:

     

    1. Apple stands to win new customers via Verizon and expansion into new countries.
    2. Apple technology continues to lead.
    3. Apple has a huge installed base that upgrades every 2 years or so.
    4. Apple's gaining penetration in corp., institutional markets.
    5. Most conversions still seem to be going toward Apple and away from MSFT.
    6. AAPL is gaining market share in PC markets and has lots of market share room to grow.
    17 Jan 2011, 11:37 AM Reply Like
  • Apple Diner
    , contributor
    Comments (222) | Send Message
     
    Do you realize that most of Apple's growth and profit improvements have been coming from overseas markets? Looks like that blows some of your theory to bits.
    18 Jan 2011, 01:14 AM Reply Like
  • chrisfr
    , contributor
    Comments (12) | Send Message
     
    Apple's strengths are well known and, if anything, probably under-appreciated; they will blow past all expectations tomorrow. But this latest news is bad, especially as the markets appear over extended and fragile. Six of one, half a dozen of another. Still, all will be clear in a month, then half of our commentators can pat themselves on the back while the other half quietly forget and move on, confidence unshaken.
    17 Jan 2011, 12:55 PM Reply Like
  • plj
    , contributor
    Comments (20) | Send Message
     
    As I'm long AAPL, this felt like a punch in the stomach when I saw the news a few minutes after it's release. News from Germany suggests the stock is already trading down 7% or so. What will happen when the markets open tomorrow ?

     

    If history is a guide, it will gap down significantly then recover most of the drop by the end of the day. On Jan 15 2009 it gapped down 5.6% at the open, but recovered to end the day down only 2.3%. A week later after earnings were released it gapped up 6.3% to come full circle and actually be UP 3.2% from when the health news first came out.

     

    Further, the stock climbed a full 75% on Cook's watch over the following 6 months as investors digested the AAPL story. He's top notch, and was rumored to have been offered the top spot at HP when Hurd left, but thankfully stayed at Apple.

     

    This time the health news and earnings are only one market day apart rather than a full week. I'm hoping history repeats itself, and will buy more long APPL calls in the morning. I believe the AAPL ecosystem is firmly enough entrenched to keep it powering forward for a long time, and I expect an earnings blowout tomorrow after the close will remind folks of that fact. I wish Steve well but will use this opportunity to add to my position.
    17 Jan 2011, 02:59 PM Reply Like
  • mike mohr
    , contributor
    Comments (451) | Send Message
     
    On Jan 15 2009 AAPL did not have such high multiples. Yes it recovered because it was oversold but this time it could be different.
    17 Jan 2011, 06:59 PM Reply Like
  • bvlaar
    , contributor
    Comments (3) | Send Message
     
    brandonvlaar.com did a great analysis of how this will affect their share price
    17 Jan 2011, 03:03 PM Reply Like
  • lawyerold
    , contributor
    Comments (2) | Send Message
     
    Hate to be a harbinger of doom, but if Jobs truly has pancreatic cancer he is a dead man walking.................. can only extend one's life so far by buying the best high tech medical care available; however, there are no long term cures for pancreatic cancer......only band aids.
    17 Jan 2011, 04:27 PM Reply Like
  • Scootger
    , contributor
    Comments (228) | Send Message
     
    APPL will trade on technicals until they put up another good q or two. Jobs on leave trumps any other positive news for now. SHORT the pizz out of this thing on rallies and you create alpha. If you are long you are wrong, for now. Sharks are circling.
    17 Jan 2011, 08:41 PM Reply Like
  • Apple Diner
    , contributor
    Comments (222) | Send Message
     
    I have no doubt the shorts and those without a sense of the company and it's people will sell, sell, sell tomorrow as if it was the end of the world. Again, great buying opportunity for those with more than half a brain and confidence in the direction the company is going. I'm quite confident in the long-term view.
    18 Jan 2011, 01:17 AM Reply Like
  • kmi
    , contributor
    Comments (3984) | Send Message
     
    Apple benefited from being in the right place at the right time, that is no longer the case, good luck with your long bet, I'll be on the other side.
    18 Jan 2011, 11:39 AM Reply Like
  • maxiedog
    , contributor
    Comments (122) | Send Message
     
    There seems to be a lack of understanding about the nature of AAPL's success. The personal information space is a design-driven space and AAPL's software environment has defined and owns that space. It's the avalanche effect in action where social and educational pressure makes it disadvantageous to own anything but AAPL devices. The last major avalanche allowed Microsoft and their Windows to dominate the PC market. There will only be change when the avalanche stops moving as the global market becomes saturated. That is a long, long way into the future. I do not own AAPL.
    18 Jan 2011, 01:52 PM Reply Like
  • kmi
    , contributor
    Comments (3984) | Send Message
     
    I'd write the book but I'm lazy; APPL came into smartphones by accident while developing its tablet; smartphones at that time were on a technological precipice which was a known quantity but with only one key player in the US market, a fragmented marketplace and a focus on high budget enterprise applications which were willing to pay for data plans. At the precise moment in time Apple entered smartphones, portable computing, processor technology, displays, 3G data networks capable of handling what Apple was bringing to market, and all the related tech was just maturing enough to enable Apple to do what it did.

     

    Certainly and without doubt they brought innovation, design, and leadership (iTunes centered, content+hardware paradigm etc) but the fawning and excessive adoration the company gets is due in equal parts to being at the right place at the right time as bringing the right product to market.

     

    The tidal wave of technology breakthroughs has ended, as will the Apple avalanche: "4g" is incremental as compared to what 3g did for data networks, improvements to the tablet and smartphone world will be hardware driven in the future and incremental in nature (a better screen? dual core processors?) and therefore differentiation will be far more difficult, the AppStores will fill with more fluff (i.e. incremental improvements) and lose relevance as the "real internet" becomes accessible by more powerful devices, and worse, the market is now responding dramatically with competitive devices (Motorola doing the honors at CES, Google bringing out Android for tablets, Playbook).

     

    I expect the next phase of the smartphone revolution will be platform agnostic, with virtualized enterprise environments enabling any device to enter any corporate network (in development as we speak), Apps being multiplatform, and hardware being the key differentiator.

     

    The various OSes out there are all converging, and the fragmentation of the smartphone market is creating a vaccuum for multiplatform solutions that are both hardware and software agnostic. Good luck in your investing.
    18 Jan 2011, 02:24 PM Reply Like
  • Keith Springer
    , contributor
    Comments (23) | Send Message
     
    It will prove to be a temporary setback. Apple earnings should be great. In fact, Jobs’ announcement was most likely timed to come out at the same time that earnings come out, because earnings will be better than expected and that will take the attention off of him.
    18 Jan 2011, 02:10 PM Reply Like
  • Scootger
    , contributor
    Comments (228) | Send Message
     
    Keith, AAPL's earnings are NEVER better than "expected", they simply beat on top and bottom line and up guidance consistantly every quarter until they dont. Simple wave theory.

     

    Someone mentioned shorting rallies above, I totally agree. You're upside risk is defined for the time being and you can safely sell premium strategies at will, wether you are long the equity or swimming neked. This is how you create alpha.

     

    Anyone talking about long term investing on seeking alpha website should be asked to leave.
    20 Jan 2011, 11:28 PM Reply Like
  • LDMerriam
    , contributor
    Comments (24) | Send Message
     
    This very sad story does point to a common brand problem--what to do when brand equity is so closely tied to a person: merriamassociates.com/.../

     

    Business questions aside, I very much wish Mr. Jobs the best of luck with his treatments.
    21 Jan 2011, 12:56 AM Reply Like
  • Internal Source
    , contributor
    Comments (313) | Send Message
     
    Funny to go back to this, a few months later... I had 5 people say my comment was a "poor comment" and they probably panned by idea of buying deep-in-the-money 200 June calls at the time (trading for about 125-130, almost no premium on the underlying). After all, AAPL (and Jobs and Cook and... ) were dead men walking. Well, those calls are now worth 152, so we have a 22% gain after only 2 months. Still want to go short, pan Apple, and now we have iPad 2? Lots of doubters but show me the money - and I made it. Thanks AAPL.
    14 Mar 2011, 06:43 AM Reply Like
  • Apple Diner
    , contributor
    Comments (222) | Send Message
     
    Must be a bunch of Fandroids here. Why the AAPL hate?
    20 Mar 2011, 07:48 PM Reply Like
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