Seeking Alpha


Send Message
View as an RSS Feed
View Davidoff's Comments BY TICKER:
Latest  |  Highest rated
  • Apple, IBM in far-reaching enterprise partnership [View news story]
    Look kid, I really don't care about all that crap, that's not what investing is about. Don't even bother responding, I'm switching my notifications off. Seriously, who are you trying to convince that you made the right trade, me or yourself? I obviously don't care about your portfolio and your delusional BBRY cheers. The only thing that matters to me is figures. If you prefer to read that geeky stuff, then you obviously have nothing to do in investing, cause that's not what you should look at in order to make profits. No one cares about niche markets on Wall Street. Whereas BBRY sells 20k "secured" phones to some government, Apple sells 30m iPhones all over the world. See the difference? Secured or not, it simply doesn't matter to consumers, it's just a plus. And the fact that some German politicians don't use iPhone anymore doesn't matter to the younger generations, they simply don't read newspapers. Today AAPL announced that it's going after corporate market too. Considering their abilities and their hundreds of billions in cash, I'd say that they have much higher chances to succeed than BBRY.

    2.500€ is the price of a 4GB card. What do you think Merkel is doing, playing some flash games on her phone? I assume that she uses at least a 32GB version.

    A little lesson on how devices get hacked. Each OS is more or less 100% secured. The only thing that is "hackable" is the user himself. What happens is that the user presses on the wrong link, opens an infected attachment, or downloads the wrong app. That's how devices get hacked in 99% of cases. So no matter how secured your device is, the user is always the weakest link. That's the main reason why a basic BBRY isn't much more secured than any other phone. There are millions of apps and companies don't even check what kind of apps they put on their stores. Any content is a potential threat to your device's security.
    Jul 15, 2014. 10:10 PM | 9 Likes Like |Link to Comment
  • Apple, IBM in far-reaching enterprise partnership [View news story]
    John Kostanes,

    Yes, it's so much more refreshing to be hacked by Canadians in stead of NSA! Strangely enough, regardless of your highly subjective claim, there are much more companies using Android, iOS and even WP than BB. So maybe BBRY is actually the best, but for me, as a rational investors, figures simply don't prove your desperate cry in the dark.


    Do you have a link to that claim? Canadian government blocked Lenovo's bid only. I'd be quiet surprised if you would be able to prove your statement with an article, cause I followed BBRY's fire sale very closely.


    Angela Merkel was using an old 10 year old Nokia. A couple of months ago she received her BBRY that was ordered over a year ago (not a basic model obviously). What Obama, Merkel and others use is not a basic BBRY that is being sold at Verizon. Merkel's Z10 is worth thousands of euros and it was developed by BBRY, but mostly by the German Defense Ministry experts. The OS was reworked by German spy agency and an encrypted MicroSD card was inserted, that is worth €8.000 alone. BBRY is interesting for these governmental agencies because security agents can secure the OS easier than other phones (no need to develop a new OS). They use a BB10 base and create the secured code that they want. So even though it's pretty great to have a "security friendly" OS, a basic BB is barely more secured than iOS or Android. If you think that Merkel's BBRY can't get hacked or that a random BBRY from Walmart is as secured as the governmental BB's, you're completely lost in your dreams.

    "Canadian crown jewel" is simply the most ridiculous thing that can possibly be said about BBRY. Canadian economy isn't blooming, but I doubt that a struggling little $5B company could possibly be called a jewel. So yes, a Chinese company buying BBRY could raise some red flags, but I doubt that AAPL, if they tried to purchased it, would have serious troubles in doing so. The thing is, they didn't even try. Only GOOG and ORCL "announced" their interest, but didn't even make a bid. Obviously, that's the main thing that I hate about European and Canadian governments. They put their noses where they don't belong. You pay taxes, you hire people, you make investments and in the end of the day, if you fail, you pay, but if you succeed you barely own your company, it becomes a "national treasure".

    Who knows what could happen in 2-4 years from now. BBRY is losing $50-200m per quarter and they are still down 50% on revenue Y/Y. Their only marketing argument today is security, but MSFT, ORCL, AAPL, GOOG and others, move really fast on that issue. It's important to emphasize that unlike BBRY, they do have billions to invest in new technologies. I'm not saying that there is no cash to make on BBRY, but it's a complete gamble and it just doesn't worth it. In 2 years from now, BBRY might simply not be relevant anymore in security as well.
    Jul 15, 2014. 08:28 PM | 7 Likes Like |Link to Comment
  • Apple, IBM in far-reaching enterprise partnership [View news story]
    I believe that if BBRY was offering something that AAPL needed in order to optimize its security, AAPL would have bought BBRY out for peanuts. If AAPL paid $3B for Beats, they could obviously have paid a billion or two for BBRY's security department, knowing that BBRY was set for sale for about $4B. Nevertheless they didn't and no one else bought them, so in my opinion BBRY is just a balloon. Today everyone recognize that mobile security is the next big thing in the IT. It's simply crucial for the coming years. But no one, not AAPL, GOOG or even MSFT decided to buy BBRY out. Why? Certainly because they don't have a damn thing, it's all bluffing. You miss the bigger picture. BBRY is just a tiny collateral victim of that agreement. IBM and AAPL are obviously going after MSFT, which is today the big whale in the corporate market.
    Jul 15, 2014. 05:25 PM | 26 Likes Like |Link to Comment
  • Telekinetic Google Glass [View news story]
    Did you take your treatment today?
    Jul 11, 2014. 10:44 AM | 5 Likes Like |Link to Comment
  • Apple roundup: Board additions, iPhone battery, sapphire [View news story]
    Sapphire screen is simply amazing! I had the opportunity to use a Vertu phone for a couple of days and I was simply impressed. To be honest, I would have never imagined that any company would be crazy enough to introduce it on a high scale product. First of all, the phone was 1.5 years old and the screen seemed brand new, there wasn't even one tiny micro scratch on it. Moreover, it was dropped once on a stone floor and it didn't break without any bumper. And secondly the sapphire screen seemed much more clean than a glass screen. The touch screen had barely any fingerprint spots, while after I was calling the screen seemed much cleaner than with glass screens (I'm talking about these disturbing ear spots). However, I'm pretty much sure that Vertu's sapphire screen should still have a much higher quality than iPhone 6, so I'm not completely sure that they could be compared.
    Jul 7, 2014. 09:56 PM | 1 Like Like |Link to Comment
  • Apple: Some Appear Too Optimistic [View article]

    I don't want to argue with you, it's completely pointless. It's a subject about which everyone has been arguing for decades without any results. It's all part of these endless discussions in economics and econometrics and it also depends of your personal time perspective. If you consider markets on the long term, sure all the ratios are important and at some point they allow to explain the "why" question, but they don't give us the possibility to make any 100% accurate forecasts. If you watch markets on the short term, ratios are completely useless. All these "magical companies", as you call them, allowed me and many other people to make loads of cash. What most of the people call a dot-com bubble was a true Eldorado for me and my associates, even though the end was quiet a hangover, we lost 27% of our profits in a month. More recently, the same thing went for AMZN (+98% net profit in about a year), NFLX (+270% net profit) and TSLA (almost 450% profit in just a year!). Do I believe in these companies? Hell no! But were they among the best trades of my life? Obviously! These "houses of cards" made simply the best year in my trading career, while I expected it to be an extremely hard time frame for me. If you think it's enough to take a glimpse on some "public" ratios to become a billionaire (I'm not claiming to be one), than you're dead wrong. Trading is not about public information or technics, you must be the fastest, the most sensitive and the most imaginative to make it.

    "The PE does not need to be compared to any other company to have a meaning." [...] "Given the fact Apple's PE and PEG are still much lower than other tech companies leaves you with a decision."
    -> If you start arguing with someone, please don't contradict yourself inside the same comment. You simply have to compare any ratio to get the most exhaustive information.

    Michael Blair is an extremely weird man. He says himself that he believes that AAPL will sell loads of iPhones, will make smashing profits, will do well on the short term, but would fall on the long term. So even though he believes that you need to be long now, he goes short already. I can't even imagine what's going on in his poor head.

    I don't know for sure why exactly people started to go long on AAPL again. I suppose that everyone had his own reason. I bought back at $392, after shorting it from $630 (with interruptions), because the share price seemed right, because of the dividends, because of the buy back program, iPhone 6, iWatch, then I stayed long because of a bigger buy back program, the split, etc... I don't really care about the P/E to make my investment decisions, even though I keep it in my mind unconsciously. Regarding the valuation, you can never say. I'm still long now, but I don't know for how long.
    Jun 24, 2014. 07:19 PM | 2 Likes Like |Link to Comment
  • Apple: Some Appear Too Optimistic [View article]
    Jim Mullin,

    I'm surprised that you don't understand that obvious question. The whole point of a ratio is to compare it to other ratios, since it's mainly a statistic tool. A ratio as it is, doesn't provide any useful information. The fact that you compare AAPL's P/E only to S&P, is quiet awkward. You obviously have to compare it to other tech companies, I'd say at least 5 of them, to offer us a descent argumentation. And that's where you'd notice that your argumentation is extremely weak, since P/E isn't representative at all on the tech market. So what "what do I know" tried to tell you, is that there are dozens of companies with completely ridiculous P/E ratios, especially when you compare them to APPL.

    So even though I agree with your conclusion, I disagree with your argumentation completely and you should seriously improve it.
    Jun 24, 2014. 04:33 PM | 4 Likes Like |Link to Comment
  • Apple Market Share: Slip, Slipping Away [View article]
    "Boring products with little innovation."

    That's a highly subjective claim. I'd prefer you to tell us which phone would you consider as "exciting and innovative"? AMZN with a simplistic useless 3D screen that apparently gives headaches? I hope you have the honesty to admit that it's just a gimmick and that we are still a couple of years away of the real holographic 3D technology. Or maybe would you consider Samsung or the bulky Nokia/MSFT as more innovative?

    "Most think the new iPhone will sell very well and so do I [...]"

    And that's all that should matter to a rational investor, who's not a biased reckless geek like yourself. I don't know if you are able to realize that you hate AAPL without any rational reason and because of that blind hatred you have already missed a huge 35% rally and you're about to miss the next huge rally too. You're not an investor, you're a lunatic bigot.

    Anyhow, thanks for your article. After your last piece AAPL rallied, let's hope that it's going to be an encore!

    PS : Do you still eat apples for breakfast, or did they become the forbidden fruit at your home too?
    Jun 23, 2014. 11:28 AM | 32 Likes Like |Link to Comment
  • BlackBerry adds to gains on Evercore upgrade [View news story]
    "by $4 to $10", not from 4 to 10 ($6 -> $10). Just saying.
    Jun 23, 2014. 11:13 AM | 6 Likes Like |Link to Comment
  • Google buys Skybox Imaging for $500M [View news story]
    At some point GOOG is actually going to get broken into pieces by the US or EU. GOOG becomes way too powerful and with projects such as self driving cars, military drones, home control, military robotics and now satellites, they start to look more and more like some James Bond villains (not even to mention that Sergey Brin is from USSR). I'm kidding of course, however the perception of GOOG in Europe and Asia is extremly negative and people tend to see GOOG as a potential threat. At first, people were afraid for their privacy and were concerned by author rights trials and their fiscal technics, but today with their new projects it seems like GOOG is about to create its own army and settle a 1984 Big Brother's regime at our homes. It would be extremely easy for governments to justify the break up, even without their famous "informative" campaigns for citizens. Today we don't really see where Google is going, what is their direction and what are their purposes, so it would be quiet interesting to see what will go on next.
    Jun 10, 2014. 04:20 PM | 1 Like Like |Link to Comment
  • Amazon's New Smartphone Spells Trouble For Apple [View article]
    David Trainer,

    I think that AAPL's customers can be divided in two main categories : APPL unconditional fans and snobs. Neither of them would buy a cheap AMZN phone no matter how good it could be. They'd rather wait for AAPL's next iPhone that would offer the same features. An AMZN phone is rather a potential thread for lower tier phones, like Samsung, MSFT, etc... Also, most of the people expect the imminent iPhone 6 launch to chose their next phone, so any company that would launch a new model during the next 2-3 months is going to be seriously disappointed by the first quarter sales.
    Jun 9, 2014. 12:37 PM | 3 Likes Like |Link to Comment
  • Apple unveils Mac OS Yosemite, iCloud Drive, Handoff feature [View news story]
    If I was you, I'd quit these antidepressants you've been taking...
    Jun 2, 2014. 02:01 PM | 9 Likes Like |Link to Comment
  • iBeacon to be unveiled at San Francisco Developers Conference [View news story]
    I love when longs who sell to buy lower suddenly turn extremely bearish in a minute...

    No iBeacon yet, but when they announced that the OS Yosemite allows to receive iPhone calls and regular SMS on your Mac, it was simply amazing, the whole audience went wild.
    Jun 2, 2014. 01:43 PM | Likes Like |Link to Comment
  • Fresh 52-week highs for Apple following Goldman PT hike [View news story]
    6th June.
    May 30, 2014. 01:15 PM | Likes Like |Link to Comment
  • No News Is Good News At J.C. Penney [View article]
    JCP is the kind of companies that not one single rational investor should invest in, but you just feel the need to take a small stake, cause at some point it must shoot higher. In JPC's case you invest in a story, not in a company. I don't believe in a magical turnaround, but I do believe in the Wall street's legendary CEO's mea culpa effect. Many companies stood at JCP's place, for example HPQ, YHOO, AMZN, BBY, BBRY, etc. for the most recent examples, but also car makers or banks after 2009. CEOs or even the whole board stands up and publicly recognize that their company is a mess, that they made a lot of mistakes in the past, but that they are fully committed to make their company work. That fake honesty technic works almost each time. With a tiny sign of recovery shares soar and the whole point is to dump them at the right moment. Nothing justifies these spikes, but they still happen and I expect JCP to have that kind of spike by October.
    May 30, 2014. 01:11 PM | Likes Like |Link to Comment