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Davidoff

Davidoff
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  • Apple, Cirrus Logic rally after iPhone/iPad supplier reports strong sales [View news story]
    I don't believe in cultural differences since iPhone became the most selling phone in Japan. No one could predict that in a country where national product are sacred. If Chinese buy all the Louis Vuitton, Hermes, Chanel, Todd's, ... goods they'll certainly spend a little bit more to get iPhones. Social status become the new religion in China.
    Jan 13 03:21 PM | 3 Likes Like |Link to Comment
  • BlackBerry hires (another) SAP exec to be its sales chief [View news story]
    Chen doesn't know anyone else besides his SAP co-workers? At this point SAP and BBRY should probably merge cause it's getting quiet ridiculous.
    Jan 13 02:44 PM | 5 Likes Like |Link to Comment
  • Icahn declines to comment on Hertz rumor [View news story]
    Kiar,

    Age is taken into consideration for 99% of the population and there is nothing mean about that, it's completely natural. It isn't taken into consideration only for the 1% of the most wealthiest people on earth who's only life purpose is to accumulate more and more wealth even though they'd never even be able to spend it during their lifetime. 99% of people dream to earn billions in order to retire, consume and enjoy life, while the other 1% earn money just in sake of having more money. They don't even need to spend their billions, their sole joy is to own them. Even though it's abnormal and greedy, I don't judge anyone. I tend to agree with Buffet's "never enough" as well as with Skidelski's visions. I'll never know, but I suppose that when you earn billions and that you're part of the top 100 Forbes list it becomes some kind of obsession to earn even more. Everyone is addicted to money at his own level.
    Jan 4 08:54 AM | Likes Like |Link to Comment
  • "A Carbon Tax That America Could Live With" [View news story]
    US follows the EU brilliant invention of making their citizens pay for the air. If Mankiv thinks that more than 5% of the EU carbon tax income is used to finance the development of the green technologies, instead of their giant deficits, he's completely out of his mind.

    Today modern economy and ecology are 2 completely opposed concept. By setting new taxes, governements take a way a significant part of people's ability to consume. If you want to expand the economy, you need to increase people's income so that they would be able to buy more things. By setting new useless taxes on all levels of income, they do the exact opposite. Ecology pushes people to reduce their consumption to the stric minimum, without any superficial purchases. Ecology goes against international exchanges and wants countries to go back to the archaic and unefficient local economies. Ecology also wants to shut down all the cost efficient high industries just because they pollute. Ecology pushes toward a moneyless communist economy. I can keep going like that for hours after having read dozens of European ecological political essays.

    Ecology is an uncompromising dictatorship where a minority of people without any understanding of democracy impose their ideas to the majority of citizens. But I'm not against ecology as a business. Tesla, or dozens of Israeli green startups are examples to follow. The future is all about making high green technology more efficient and cheaper and thus more accessible to all the citizens, instead of bringing people back to the Stone Age or confiscating their income through "Eco" taxes, that have actually nothing to do with ecology.
    Sep 1 10:28 AM | 6 Likes Like |Link to Comment
  • Morgan Stanley delays upgrade to BB10 [View news story]
    Randal,

    Sorry to say that, but you behave like a real a**hole. Some SA users have huge paper losses and your mocking comments aren't constructive nor informative. Each trader makes bad trading decisions and they deal with them as they can, sometimes even by denying reality. I belive that this site is made to share opinions and sometimes to help each other. But it's really pathetic to make fun or even attack people, especially the one who are in the red. Like if you had never lost any money. There is a real person behind each Internet comment and if you are unable to put yourself on someone else's place, I pity you. Generally speaking, it's a sign of a psychiatric disorder.
    Aug 30 09:33 AM | 9 Likes Like |Link to Comment
  • Morgan Stanley delays upgrade to BB10 [View news story]
    There is sill a long way to go for MSFT to reach BB's security level. It's one thing to equip flight attendants, but it's completely another to equip bank employees and governmental agents. If BBRY disappears, no one would be able to replace it on the corporate and governmental markets. It would take billions of dollars and years of R&D. In terms of sunk costs, BBRY is simply unbeatable on that marginal, but nevertheless extremely important market. I doubt that AAPL, MSFT or GOOG would take the risk to compete on that market in wake of the investments to make and potentially modest returns.
    Aug 30 08:21 AM | 14 Likes Like |Link to Comment
  • Stephen Elop's Mistake At Nokia Could Make Him The Right Person To Replace Ballmer [View article]
    Lionprince,

    "Nokia Lumia phones are outselling even IPhones and Samsung Android phones in a handful of countries now and rapidly gaining share in many markets..."

    The markets where Nokia outsells iPhone and Samsung, or rapidly gains share are the markets where Nokia has always had a strong dominance or at least a solid foothold until 2008-2009. I believe that people buy Lumia phones because they are Nokias and not because they are Windows Phones. Thus, if Nokia had at least tried to mix its operating systems by releasing at least 2 (1 high-end and 1 low-end) Android models to test the market, I believe that today Nokia would be using Android as its cash-cow and would have turned profitable quarters ago. I'm not claiming that Nokia would have had tremendous financial results by adopting Android, but they certainly could have taken 2nd place on the Android market by now. I believe that there is place for at least 2 more operating systems and WP should have a bright future (perfect OS integration - PC/WP/tablets/Xbox-TV), but I don't think that it was a smart move by Nokia to bet its future exclusively on WP. It can take years before WP would become relevant for customers. There are still tens of millions of people who only consider using Android now and it was really unwise to turn the back to these customers. Nokia could have taken the profits on Android and develop WP devices for the future. They waste too much time and money, while their financial situation doesn't allow them that kind of gambles.
    Aug 29 02:35 PM | 1 Like Like |Link to Comment
  • BlackBerry jumps on fresh Lenovo rumors [View news story]
    Randal,

    I don't really see why somebody should convince you of something, like if you were the one taking the decision about BBRY. I can't even imagine why you'd waste your time posting this kind of comments, that seem more like articles by size, if you aren't even long/short BBRY.

    I'd have a remark to make to your reasoning. If Lenovo buys BBRY for $7, they would not only get devices and patents division, but also around 40% of BBRY's $3.1B in cash, which represent about $1.25B. So they'd pay $2.25B, instead of $3.5B, like you suggested. Back in 2008, when Lenovo bought IBM's PC division, it was already obvious that it was a matter of time before PC would become completely irrelevant. Smartphones still have at least 10 years in front of them. So paying almost a double of what they paid for PC's does make sense.
    Aug 29 06:50 AM | Likes Like |Link to Comment
  • Nokia launches "premium" feature phone, eyes auto opportunities [View news story]
    Just a small remark, Lumia 520 is being sold for €160-180 in EU. So a 515 might make sense for some users for ~80€ on the European market.
    Aug 28 02:04 PM | Likes Like |Link to Comment
  • BlackBerry jumps on fresh Lenovo rumors [View news story]
    Michael,

    To be honest, I don't know how much credit can be given to these rumors, but according to what's being told on the Wall Street, Watsa would be ready to pay $10 for BBM and QNX, leaving them in Canada, while Lenovo would pay another $7 for devices and patents. And apparently that's where yesterday's rumors about BBM spinoff came from. The spinoff would have been proposed to facilitate the transaction and appease Canadian government's concerns. Some official announcements are expected by Friday.

    On personal note, the premium seems way too high, but if they really want the company they'll obviously have to put the price. A considerable part of shareholders still have their average price flirting with $25-30. And unfortunately, governmental contracts barely let BBRY to stay afloat. That's not something that would make Lenovo earn billions and I doubt that they even consider these contracts as an option.
    Aug 28 01:57 PM | 4 Likes Like |Link to Comment
  • BlackBerry jumps on fresh Lenovo rumors [View news story]
    Tough question. If they refuse, it would be an extremely bad signal for companies who'd like to do business in Canada. An omnipresent and overprotective government is a huge downturn, especially in the Western countries. See the immediate consequences in France after the Government's veto to sell Dailymotion. If the Lenovo potential offer would get rejected and then a Canadian PE firm comes with a lower offer, it will simply not pass the shareholders vote. That sort of situations will block the negotiations and I don't believe that the Canadian government would be able to bear that or partially compensate the difference between the Canadian and the Chinese offer. In other words, the decision would be solely politically populist. BBRY isn't some strategic or military asset, blocking its sale might bear some serious consequences to the business development in Canada.
    Aug 28 12:42 PM | 4 Likes Like |Link to Comment
  • WSJ: BlackBerry thinking of spinning off BBM [View news story]
    Webbersworld,

    The functionalities are more or less the same - messaging, Internet phone calls, multiple chatrooms, calendar, announcements and files sharing. However, there are several differentiation factors. First of all, Whatsapp, Line, Kik, etc. are clearly teenage apps. Very colorful childish skins and a huge part given to the social Facebook-like functionalities. BBM is positioned as a serious professional tool. Secondly, BBM is all about security and thus it is much more trustworthy. They take hacker threats very seriously, put a huge accent on security and their servers are based in Canada. All the other apps have all had major hacking and security issues during the last years (accounts hijacking, servers hacking,...) and most of them have their servers based in Asian countries. And finally, unlike BBM, all the other apps suffer of severe stability and server connection issues. In that way BBM is beyond anything that is available on app stores today.

    I believe that most of the people use these apps for private conversations only. They aren't really concerned by security threads and can handle an account loss, as long as they get a free service. But I also believe that there is a large part of smartphone users, who need a secured service, for example for their professional communications. The fact that BBM is still relevant and is needed on other operational systems is being proved by the huge demand of the consecutive fake BBM apps.
    Aug 27 01:30 PM | 7 Likes Like |Link to Comment
  • WSJ: BlackBerry thinking of spinning off BBM [View news story]
    I thought that it was quiet worthless too, before I read that a fake BBM App on Android, that has been put on Android store in June of this year, was downloaded by over 100.000 people in less than 24 hours, before being removed. It seems that there is still a huge demand and a giant fan base, even though people don't use Blackberry phones anymore.

    However, pretending that WatsApp and Line-like Apps are competitors to BBM is just ridiculous. Completely different products.
    Aug 27 11:52 AM | 9 Likes Like |Link to Comment
  • Bernstein raises doubts about Nokia's cash position [View news story]
    What did you expect, a company struggling to break even for years would nevertheless build a strong cash position? It's not manipulative, it's common sense. I'm surprised that we waited that long to see someone finally raising these concerns.
    Aug 27 09:26 AM | 1 Like Like |Link to Comment
  • Nokia 1020 Channel Checks [View article]
    Redrut,

    One UK online retailer, would have set a price of £550, but there hasn't been any official release, nor official price statements in EU. So it isn't very clear. L1020 is supposed to be released in September in UK and in October in the rest of EU. If it actually costs €640 at the release, it should be ok, even though Nokia would lose its price advantage (L925 costs 450€ compared to €690 iPhone). On the US MSFT online store an unlocked L1020 was priced at $1000.
    Aug 23 09:20 AM | Likes Like |Link to Comment
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291 Comments
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