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  • 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
  • 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
  • Apple sends out invites for Sep. 9 event [View news story]
    "The event will be held at 1PM ET in Cupertino."

    Jesus, is it that hard to read the full bullets before posting your own advertisement?
    Aug 28, 2014. 01:04 PM | 19 Likes Like |Link to Comment
  • Wireless hardware distributor Brightstar was the company that placed an order for 1M BB10 (BBRY -3.6%) phones, Detwiler Fentor reports and AllThingsD confirms. Detwiler notes Verizon relies on Brightstar to handle "big-box retail and dealer agent channels," and thinks the order indicates Verizon is trying to mitigate inventory risk by having a distributor handle sales. [View news story]
    When you don't believe in a product you don't order 1 million units, middlemen or not. Fear of not selling them is obviously not the reason of that covered order.
    Mar 25, 2013. 02:35 PM | 19 Likes Like |Link to Comment
  • BlackBerry (BBRY) slips 3% premarket after a downgrade to Sell at Bernstein, which sees earnings peaking in FQ1 and "significant risk" of a miss in H2. OTR Global says U.K. Q10 sales fell off a cliff and have been - "not a typo" - just 30K-50K units since launch, reports Notable Calls. [View news story]
    It's getting really absurd. Monday one analyst says sales are bellow expectations, lowers the rating and the shares drop. Tuesday another analyst says the sales are above expectations, raises the rating and the shares rally. Wednesday a new analyst enters the game with his own 2 cents and pretends that UK is a dead end for BBRY with just 50.000 devices sold. It's just ridiculous! At this point, someone should start an investigation, cause there are obviously some private interests involved in these manipulations. How about making analysts legally responsible for their analyses? Can't wait for the actual results to be released.
    Jun 19, 2013. 08:40 AM | 17 Likes Like |Link to Comment
  • Apple sets Watch prices; pre-orders start on April 10 [View news story]
    Well, maybe they will sell 1,000 golden watches worldwide, who knows. A lot of noise for nothing. At most they will steal some customers from Casio and Swatch, but not even sure of that with a maximum of 18 hours for the battery life...

    I really thought that the golden edition would cost $2,000-4,000. Let's be clear, while Swiss watch makers use ultra expensive mechanisms made of gold and precious gems, here you've got only a slim golden body. A golden Swiss watch is different of a steel watch not only from the outside, but also from the inside with a much more expensive and complexe mechanism. Here you get the exact same $349 watch with the only difference is that it's made of gold. Sorry, but it doesn't worth over 28 times more.

    Moreover, when you buy a Rolex, a Hublot, an IWC or whatever luxury Swiss watch for more that $10k, you keep it for decades and you can even resell it, while this first version of Apple watch will be out of trend in 2 years. Even worth, knowing Apple, the OS won't be supported in 3-4 years and apps won't run. As a result you will have a golden piece of trash.

    Clearly, it's a robbery and I really think that it's going to be the first and the last golden edition from Apple.
    Mar 9, 2015. 02:52 PM | 16 Likes Like |Link to Comment
  • Apple + Beats: Cutting Through The Hype And Negativity [View article]
    It's hard to tell how much a tech company worth nowadays. Things shift extremely quickly and that's where you see that inflation is computed really poorly in our economy. With price tags such as $1B for Waze, $1B for Instagram, $4.5B for Snapchat and $19B for WhatsApp book sheets don't have any importance at all.

    Beats has over a billion in revenue and a +60% marketshare. We can easily say that it's a tremendous company with loyal customers and an excellent image, so in my opinion it does worth $3B. Could Apple buy it for less a year ago? Of course! But unfortunately, when people know that you have $150B in cash, any acquisition will have a huge premium. Since 2006 Beats released only one refresh, they never offer any discounts and still their sales grow year after year. Imagine what Beats could become if Apple would start releasing new models once a year during their keynotes. Apple showed us that they have the ability to revolutionize any tech product.

    Beats made of their headphones a lifestyle fashion accessory and even Swiss watch makers try to take profit from that success. Hublot (among others) for instance released limited edition golden headphones with a thousands of dollars price tag. In the same way Apple transformed mp3, phone or tablet markets, Beats transformed the headphones market so for me it's great match.

    What I find incredible is that markets were much more enthusiastic and comprehensive when Facebook purchased WhatsApp - a profitless startup. Besides that, unlike Apple, Facebook doesn't even have $19B to spend!
    May 11, 2014. 09:01 AM | 16 Likes Like |Link to Comment
  • Apple beats estimates, but guidance disappoints [View news story]
    Yes... The guidance... Right. Strong and steady growth, higher margins, higher revenue, higher sales, but what about "THE" guidance? The street shows us that we should bet on magician's hats - risky, "non-profit" startup companies with a highly uncertain future, like Twitter, FB, Tesla, etc instead of on solid money making machines like Apple. After all it's way more rational to invest in volatile trends and bubbles rather than in real cash.
    Jan 27, 2014. 04:46 PM | 15 Likes 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
  • 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, 2013. 08:21 AM | 14 Likes Like |Link to Comment
  • Waiting For Godot: Time To Sell Nokia Stock [View article]
    6 years ago, Apple was different and no other company could have done what Apple did. When thy saw their computer market shrinking, they presented MacBook Air, which boosted the MacBook Pro sales too. And the Jobs' most impressive move was when Apple destroyed its iPod market feeling that the concurrence was getting close, by making an even more successful product - iPhone. Apple has always been five steps ahead of any tech company, but it was before. The day when Apple stalled with iPhone 4s and iPad Retina the concurrence was taking everything new that Apple brough to the market, from their unique ecosystem, to their marketing technics and even their design. The first one was Samsung, then Nokia and today Microsoft. Now Apple might slightly one step ahead. Microsoft reproduced iCloud, iTunes and AppStore offering to its clients a complete à la Apple connectivity between Windows PC, Windows tablet and WP Lumia recreating everything that Apple could offer, but for a much lower price.

    The thing that Apple investors don't understand is that upgrading existing iDevices won't make Apple shares rise anymore. What they need is create a whole new product and maybe even create a whole new market for this product, like they did with iPods, iPhones, MacBook Airs and iPads. They simply need to prove that they still can do something good and innovative without Jobs. Until now they failed to do so and they became another tech comany with an average management. At the same time when Apple was declining, Nokia was revealing its full potential with products that no other phone maker from 90ies could ever make. Lumia's are now at the same level as iPhones, I'm wondering if Nokia could surpass Apple in the next years. I'm long NOK.
    Oct 27, 2012. 08:42 AM | 13 Likes Like |Link to Comment
  • Apple sets Watch prices; pre-orders start on April 10 [View news story]
    Correction : iWatch is SUPER -DUPER interstellar status. It says "I can throw $17,000 in a trash can and I don't care, cause next year I'll be doing it again for the next generation simply to prove that I still can".
    Mar 9, 2015. 03:23 PM | 12 Likes Like |Link to Comment
  • Apple Stabs BlackBerry In The Heart [View article]

    Companies such as GOOG, CSCO, MSFT, AAPL and FB signed an NDA to have a full look into BBRY business just a year ago and not one single Western IT company made a public offer to buy BBRY out. If you take into account all the cheering of BBRY's security system all over the Internet, you'd suppose that everyone would start a bidding war to get that "treasure". But no. Even at less than $4.8B with 1.5-2B in cash, not one single IT giant decided to make an offer. Our legendary bulls, on the other hand, think that they discovered a treasure map and they think knowing BBRY from behind their PC screens and by googling it 24/7, better than CFOs who signed an NDA. Today BBRY has less assets, less cash, a billion dollar debt, much less revenue and their already very old patents have got even closer to the expiration date. Since no one made any efforts to purchase BBRY at least for its security after seeing the whole company from inside, I think it's way more safe to say that they are pretty screwed. Their last hope wanished with AAPL and IBM.
    Jul 23, 2014. 04:24 PM | 12 Likes Like |Link to Comment
  • Nokia's Revival: The Ship Has Sailed [View article]

    You seem to forget that market isn't rational on the short term (6 months - 1 year), even though the classic economical theory says the exact opposite. There are some people who gamble, others who are centered on fundamentals and figures, I tend to do both. Every year, I keep 20-30% of my personal portfolio for outsiders, like NOK or HPQ. And guess what, outsiders make over 60% of my full year market profits year after year.

    Market seems to always exaggerate the situation and that's how you make easy profits. Last year people were making noise about banks and I made nice profits on BAC, C, JPM and GS. This year it's tech stocks. For example, back in September I bought RIMM for $6,4 and sold it after a huge rally for $11,6, simply because the fundamentals wasn't following the rally, it was all about BB10 speculation. Well, I could already earn $2,5 more, while nothing new happened during last week. Is it rational? Nope.

    Take Apple stocks. Is it rational that they lost almost $200? The figures are excellent, the market sentiment seemed great and suddenly there was a huge slump. Who could forecast that? Certainly not the guy analyzing his figures.

    As my boss once said, it's less risky to invest in a terrible beaten penny stock than in stocks like Apple with apparently excellent fundamentals and that everyone is chasing... Last month he invested on the Greek market a week before a 30% rally. We almost thought that he got crazy and that we'd need to seek for another job, but the old man made it again... Sometimes even when you analyze the figures, you see only what you want to see. On the other hand, sometimes you just don't have the guts to take a risk. But saying that figures are telling you everything isn't 100% true.
    Dec 16, 2012. 11:22 AM | 12 Likes Like |Link to Comment
  • FT: Errors place doubt on Piketty's theory about rising inequality [View news story]
    About a month ago FT published an article claiming that in 10-15 years from now the world is going to have its first trillionaire, but besides that, FT is absolutely right, there is no evidence of increasing wealth inequality whatsoever. Either FT serves its masters, either FT economists bought their degrees and never leave their uptown parties since then, cause an economist must be completely blind or biased to claim that inequalities don't increase all over the world.
    May 25, 2014. 08:19 AM | 11 Likes Like |Link to Comment