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  • EU lawmakers vote for Google breakup  [View news story]

    Saying that there won't be any European wars in the future just because there is a Union, is completely absurd. Ukraine might be the prefect example of that precarious heaven. Moreover, the most hazardous element of that tricky European equation might actually be its own citizens. We might face a civil or even a secession war in a very near future. EU opened the gates to all the polarizing elements of the society, such as Islamists, Communists, extreme left Socialists, Anarchists, Neo-Nazis and Ecologist Hippies. Somehow instead of bringing peace and security, EU created even more instability. In my lifetime I've never seen so many separatists taking such dire actions simultaneously. As an example you could take Corsica, Catalonia, Scotland, Flandres, Venice and many other tiny European regions fighting for their independence. Moreover, there are dozens of newly founded political parties that have their whole political program built on the retreat of the EU and in most European countries they take a huge share of votes. Marine Le Pen's "Front National" got the most votes in France at the European elections, UK's Ukip got second (Nigel Farage), Nederland's PVV (Geert Wilders) got fourth and so on and on. The Eurosceptic parties already represent 25-30% of the European Parliament. As I see it, the future of the European citizens became much more uncertain since the EU. Instability creates fears and it's bad for the economy and for the society's wellbeing.
    Nov 27, 2014. 05:34 PM | 3 Likes Like |Link to Comment
  • European Commission to accuse Apple over illegal Irish tax deals  [View news story]
    "The OECD rules only came into force in 2010, and have yet to be adopted by Ireland."

    It remains extremely shady for "outsiders" to understand how the EU actually functions. Obviously, there is no common fiscal legislative background between countries, so it is completely impossible to define where is the limit between fiscal competition between member States, which is a grey zone and the governmental help to some national corporations, which is completely illegal in the European law. So even though Apple quit Ireland in 2007, it remains unclear which law EU is going to use to make Apple pay and sacrifice it as a public example. I wonder if Apple Europe subsidiary, formerly based in Ireland, could be presented as an Irish national corporation benefiting of illegal Irish State's aid, providing it with an unfair and uncompetitive advantage. As I see it, that's what EU officials are trying to lobby.
    Anyhow, I'm pretty sure that even though it's a political satire, Apple will still have to put its hands in the pockets and pay big time. In the best case it's going to be a huge settlement and in the worst case Apple will have to give back 100% of the tax benefits that it got from Ireland, which could potentially represent dozens of billions of dollars. That's usually what happens when you put your money offshore to "spare" a couple of bucks, governements always catch you up, take everything you owe them and even more. It's very unfortunate that Apple didn't see it coming 2-3 years ago.
    Sep 29, 2014. 09:49 AM | 1 Like Like |Link to Comment
  • Apple -2.8% as Bendgate, iOS 8.01 get more publicity  [View news story]

    Sorry, but when you pay $1000 for a phone, quality and warranty service are the requested minimum. I'm sure that if you weren't owning shares, but instead bought an iPhone 6+ you wouldn't be whining like that and talking about intelligence. Compassion concerns me quiet more than intelligence and the thing is that Apple's first reflex was to bully their clients and to make them pay $300 extra to fix their phones. There are thousands of cases around the world and not only it gives a lot of unnecessary bad publicity for Apple, but it is also going to cost Apple a lot to replace these phones and to convince consumers that they are still decent enough to be purchased. Moreover, it shows that things aren't as under control as they used to be 5-10 years ago.
    Sep 25, 2014. 01:56 PM | 14 Likes Like |Link to Comment
  • Apple Short Interest Jumps 44%  [View article]
    I'm not sure that AAPL really delivered what investors expected. Consumer are still here, but concerns remain and they might even have become even more exacerbated since this month.
    AAPL released new potential sources of revenue such as Apple Pay, Apple Watch and iHealth. The issue is that these new sources of revenue depend entirely on iPhone sales. There is absolutely no alternative or safety nets for the AAPL's future (besides its cash) in case if iPhones would suddenly go out of the trend. There is an absolutely irrational and exuberant hype surrounding iPhones, but the issue is that these types of trends vanish as suddenly and unexpectedly as they appear. What if iPhone 6 would make a flop on the long run? After all, iPhone 6 is a breakthrough compared to 5s, but they only sold 1m more 6's than 5s's so far. What if iPhone 6s/7 won't have the same success? What if iPhone would become the next Nokia or Blackberry? It would be completely irresponsible to swipe these concerns, since they are completely justified.
    Today iPhone counts for 58% of AAPL's revenue. iPad sales have already been decreasing for over a year now. So what's next? iWatch is entirely dependent on iPhone, no other brand's user would consider buying it. Apple Pay and iHealth depend on iPhones as well. So basically, once again there is no "big" releases or new product segments. Cash is obviously important, but when a company lacks of vision and uses its old cows, money won't safe it on the long run.
    A lot of Apple aficionados feel disappointed by the new iPhones. There are no Liquid Metal technology, no Sapphire screens and obviously huge lacks of basic durability engineering studies. iOS8 offered a new round of glitches and battery drains, without any true innovation to counterbalance these inconveniences. If the quality of AAPL products goes down, design alone won't satisfy consumers anymore.
    If as expected, the coming Keynotes would only deliver some minimalistic refreshments and no new products, I think that AAPL will face a slow downtrend such as the one we saw after the iPhone 5 release. A business that doesn't go forward, always goes backwards.
    Sep 25, 2014. 07:22 AM | 3 Likes Like |Link to Comment
  • Long lines seen worldwide for iPhone 6 release  [View news story]
    It is cheap, but the question is, will AAPL shares raise in price and reach the market's average PE, or will other companies face a severe correction in the coming months. I think that a huge correction is coming. In my opinion, it's not AAPL that is being cheap, but rather other companies that became way too expensive especially considering the incredibly disappointing results. Time will tell. This year reminds me of 2007-2008. More and more self standing economists and financial analysts claim that we are heading straight into a new crisis and when you see the valuations of companies such as BABA, FB, TSLA, NFLX, TWTR, I tend to agree that we are in the middle of a huge bubble and a lot of investors might lose a lot of feathers.
    From a strict economic point of view, nothing has fundamentally improved and there is absolutely nothing that could justify the present market's valuations.
    Sep 19, 2014. 07:09 AM | 2 Likes Like |Link to Comment
  • Long lines seen worldwide for iPhone 6 release  [View news story]
    My friends went to France and Germany today to buy new iPhones. Queues were amazing, over 100 people per store. The issue is that only about 1/3 of these people could actually purchase an iPhone and most of them simply came to take their preordered devices. The demand is obviously tremendous, but apparently there are huge supply issues in Europe according to the store managers. Hopefully it's only temporary. In any case, if AAPL won't be able to supply people with iPhones now, they will most certainly wait a couple of months. It's not an issue for Apple addicts, it gives an even more exclusive ora brings even more enthusiasts.
    Sep 19, 2014. 07:01 AM | 2 Likes Like |Link to Comment
  • iPhone 6 first weekend sales could disappoint, Bernstein analyst says  [View news story]
    There are a little bit more than 250m of sold iPhones (all models) on the world market so far. Do you actually believe that AAPL would be able to sell 91m additional expensive high end phones in just one single quarter? That kind of irrational expectations, even from long investors makes me consider this stock as a potential short candidate in the very near future. AAPL will obviously present tremendous sales, probably in the range of 39-41m, but somehow people tend to expect miracles from AAPL, like if instead of selling $1,000 phones, it was selling bottles of Coke.
    Sep 17, 2014. 07:18 PM | Likes Like |Link to Comment
  • BlackBerry buys virtual ID solution provider Movirtu  [View news story]
    No way... Gee, thanks for breaking it up for me! See, the issue is that a company in BBRY's situation must be as transparent as possible. With revenue down 65% Y/Y, devices revenue down 82% Y/Y, services revenue down 29% Y/Y and $1b in convertible bonds, BBRY must show investors that it counts every penny. When a company doesn't earn any money, cash is the only guarantee for investors. Buying unknown companies, with unknown revenue for an unknown price might only send a positive signal to biased longs who wish to see only the bright side, but it's considered as suspicious to shorts and people who might consider investing in BBRY. By doing so, Chen is going to create even more uncertainty for the next results and it might introduce a brand new round of downward spiral.
    Sep 11, 2014. 09:45 AM | 1 Like Like |Link to Comment
  • BlackBerry buys virtual ID solution provider Movirtu  [View news story]
    Second acquisition with undisclosed terms. Smells really bad. It would better be good for BBRY or they will get severely punished during the earnings. If Chen won't show any significant revenue improvements and uses a huge part of the BBRY's cash, it won't be pretty to watch. No one even has an idea of Secusmart and Movirtu balance sheets. Has Secusmart acquisition been approved by the German government, by the way? It's suspiciously quiet regarding that acquisition as well.
    Sep 11, 2014. 09:23 AM | 1 Like Like |Link to Comment
  • Comps slide 20% at RadioShack, 'exploring' balance sheet  [View news story]
    Already down in the pre-market... Something doesn't seem right about that stock. It's being heavily traded even though it's on the border of a bankruptcy. Obviously, a lot of cash has been made with trader raids and SEC doesn't do anything to regulate the situation. I wouldn't dare to touch it. It reminds me of Kodak, investors believed that the company could be saved until the very last minute. Good luck to longs!
    Sep 11, 2014. 08:43 AM | 1 Like Like |Link to Comment
  • One more thing: Here comes the Apple Watch  [View news story]
    A silver watch? Boy, you are a huge watch expert! I bet you work at least for Rolex...
    Sep 9, 2014. 07:30 PM | 2 Likes Like |Link to Comment
  • One more thing: Here comes the Apple Watch  [View news story]
    No problem. Europeans will take a couple more mortgages to buy the new iPhone and the watch, while American "fashionistas" will have another 2 weeks "diet" to buy the 18 cts version. No doubts that they will sell like hot cakes. When economy is in doldrums, high end products offer tremendous sales numbers.
    Sep 9, 2014. 07:29 PM | 2 Likes Like |Link to Comment
  • 3rd month in a row of lower Macau gaming revenue  [View news story]
    Gamblers are gamblers. If they don't come this month, expect massive arrivals by year's end, that will compensate for the losses occurred this summer. People can't restrain themselves forever, the more they restrain themselves today, the more they will spend in the very near future. At these ridiculous levels, these stocks are big buying opportunities.
    Sep 2, 2014. 11:16 AM | Likes Like |Link to Comment
  • BlackBerry: Why You Should Never Follow The Herd  [View article]
    Well, after reading the comments here, I'm not quiet sure which "herd" is right on Blackberry. Regardless if you're long or short each person can find his own audience of supporters, so talking about a herd is quiet senseless on the market. A lot of short interest, but at the same time, there are millions of diehard longs who won't sell BBRY even if it goes close to zero. I think the truth is somewhere in the middle and right now the range of $9-11 is quiet justified if you take into account the risk/reward point of view. BBRY can shoot higher again at any moment and might even reach $18, but it can also slump back to $6 without any serious reason for that, so why take the risk? There are dozens of much better investments on the market with much more reasonable risk levels.
    Aug 30, 2014. 03:02 PM | 5 Likes Like |Link to Comment
  • How Secure Is BB10 And Does It Matter?  [View article]

    "When was the last time you could trot down to you local Verizon store and buy one of those $3000 NATO phones? Or any of the other variants?"

    Do you claim that it would actually be possible to compare a 3.000€ governmental Blackberry to any other Blackberry that you can buy at your phone provider's store? Angela Markel's Blackberry was developed by German Anti-spy Agency and Secusmart, David Cameron's was developed by MI6, Obama's by NSA. Even between theses phones the security level isn't the same. Blackberry is simply a provider of an initial configuration fit to be reprogramed to be more secured. After months of studies, simulations and tens of thousands of additional code lines and hundreds of thousands of dollars of security budget the phone becomes authorized for an official use. Blackberry's role is marginal at most and it can be replaced by other phones in the very near future.
    Aug 28, 2014. 02:34 PM | 2 Likes Like |Link to Comment