Apple's (AAPL +1.6%) bondholders have lost some $280.6M on paper (somewhat cleverly dubbed an "iLoss" by WSJ) since the debt was issued last month as speculation of QE tapering has sent 10-year Treasury yields climbing. Losses on the 10-year "iBond" sat at ~$137M through Tuesday as prices sunk to 97.377 cents on the dollar. The spread to Treasurys has also widened since issuance, Bloomberg says. [View news story]
I hope SA will continue to update us on what Apple bondholders iLost in comparison to every other investment they might have made.
Tim Cook's Improbable Victory In Washington [View article]
Just to be clear, is it your assertion that Apple is breaking laws with regards to how it handles its taxes? Because that's kind of how it sounds.
Funny that people like to blame Apple for using every advantage it can to minimize its tax burden. Funnier when you consider that the CEO goes before Congress to say that the company supports a revamped tax policy, one that would actually see the taxes paid by Apple INCREASE.
But I guess it's easier just to call them the bad guy and then move on to the next sensationalistic item.
Your iPad, iPhone Are Owned By Google Now [View article]
" If Apple goes below 200 and Google goes to 2000 like it should, Apple will be 1/10 the vaule of Google."
WOW, thanks for the amazing revelation.
Can you tell us what will happen if Google goes to 4000, and Apple goes to 4? What fraction of Google will Apple be worth then? I really need to know as I'm planning my retirement portfolio based entirely on stock price ratios.
App store downloads have topped 50B, Apple (AAPL) boasts. The announcement comes 14 months after downloads hit 25B. Google announced earlier today Play downloads have passed 48B and totaled 2.5B last month. ABI estimated in March Apple's 2013 App Store revenue (exc. payouts) would be near $4.9B. Also: Susquehanna has started coverage with a Hold and $480 PT: the firm thinks a bigger iPhone is crucial (it doesn't expect one at least until Q1 2014), and worries iPad sales could miss consensus. (earlier) [View news story]
LOL - keep it up. Sadly none of your 'examples' have the stark comparative that this 'current' has. I guess if you really wanted to make your point you could search all of SA for any current using the word 'boasts'.
Any FYI, the Google current actually did feature the company 'boasting' as opposed to stating a fact.
You're allowed to be biased, but to continually claim you're not is what's interesting.
App store downloads have topped 50B, Apple (AAPL) boasts. The announcement comes 14 months after downloads hit 25B. Google announced earlier today Play downloads have passed 48B and totaled 2.5B last month. ABI estimated in March Apple's 2013 App Store revenue (exc. payouts) would be near $4.9B. Also: Susquehanna has started coverage with a Hold and $480 PT: the firm thinks a bigger iPhone is crucial (it doesn't expect one at least until Q1 2014), and worries iPad sales could miss consensus. (earlier) [View news story]
Shocking that SA sticks to their adamant claim that they are unbiased.
Why use "boasts" for Apple and "announced" for Google? If you can't see the difference between the way those two pieces of information are presented, then I feel sorry for you.
Apple (AAPL -4.2%) roundup: Tiger Global joined the unrelated Tiger Management in selling Apple shares in Q1, lowering its stake to 260K shares from a prior 1.05M (13F). 2) According to the iRumor mill's latest updates, the retina iPad Mini will have the same resolution (2048x1536) and processor (A6X) as the retina 4th-gen iPad; the iPhone 5S will replace the tradition home button with a touch-sensitive sapphire button (a positive for GTAT); and the iPhone 5S will have an improved camera to go with a fingerprint sensor. 3) The DOJ accuses Apple of being the ring-master in an e-book price-fixing scheme (previous); Apple calls the accusation "absurd." 4) Joe Weisenthal observes Apple's price movements have correlated some with gold's. [View news story]
The short interest recently doubled, and then there's a flurry of 'bad' news about Apple. Shocking.
"Our thesis is that AAPL has a terrific operating platform, engendering a loyal, sticky and growing customer base that will make repeated purchases ... Unfortunately, there have been a series of disappointments," writes David Einhorn in Greenlight Capital's Q1 letter, defending his bullishness on Apple (AAPL) after a 17% Q1 drop. He also defends his lightning-rod efforts to get Apple to remove Prop. 2 and change its capital structure. Vodafone (VOD - 21% Q1 gain) is another name Einhorn remains bullish on, believing "substantial value" could still be unlocked if a Verizon Wireless deal happens, and speculating AT&T might buy what's left of the carrier. (previous) [View news story]
Somebody out there disagrees on AAPL - short interest appears to have doubled recently. Takes a big pair to short in the face of the huge buyback underway.
The Risky Truth About Apple's Dividend [View article]
If you have a point then you'll have to try a little harder to make it.
The idea that the money Apple has overseas isn't available because they'd have to pay tax on it is dumb. If they need it they can use it. So instead of being $100 billion, it might only be $80 billion once repatriated.
Right now Apple has pursued a very efficient mechanism to enhance shareholder value. If, in the future, they have a reason to bring cash back to the US, they can and pay tax to do so.
Apple shouldn't and evidently won't go out of their way to pay unnecessary taxes. But the money's there if they need it, and after tax it still represents enough to fund almost any conceivable need for capital the company would have.
Apple Bonds Are Good For The Economy [View article]
"What is good for the economy is for Apple to pay the tax on the $17 billion that would have accrued had they repatriated their offshore cash reserves."
Tax on the $17 billion that would have accrued? I'm guessing you either misspoke or don't really understand the concepts of taxation and accrual.
Comparing Dividends And Buybacks By Sector [View article]
At the end of the day, it's easy to second guess. You think they have committed too much to the shareholders. History suggests they need only a fraction of the $90B they still have to accomplish what they need to accomplish.
Comparing Dividends And Buybacks By Sector [View article]
You assume that there is no diminishing return for incremental R&D spending.
You can't increase your R&D spending by 10x and expect a proportional growth in revenue.
Does Apple need to spend MORE on R&D? History indicates it doesn't. We'll see this fall if they should have or not, but until then, this is just guesswork.
Apple Earnings Forecast: Will The Stock Fall Further? [View article]
"Having neutralised the technical features of its smartphones and tablets vs Apple's, Samsung is now taking market share left, right and centre from the former champ. "
Except in countries like the US, where Apple continues to grow market share?
Whatever Apple does there will always be a cheaper product that other people will buy. The idea that Apple has to have a product to fit every person on the planet is, in a word, stupid. Companies that try to please all the people all the time invariably fail. Apple's continued focus on innovation and quality will provide the basis for its success.
Apple's (AAPL +1.6%) bondholders have lost some $280.6M on paper (somewhat cleverly dubbed an "iLoss" by WSJ) since the debt was issued last month as speculation of QE tapering has sent 10-year Treasury yields climbing. Losses on the 10-year "iBond" sat at ~$137M through Tuesday as prices sunk to 97.377 cents on the dollar. The spread to Treasurys has also widened since issuance, Bloomberg says. [View news story]
That would be, in a word, clever.
Tim Cook's Improbable Victory In Washington [View article]
Funny that people like to blame Apple for using every advantage it can to minimize its tax burden. Funnier when you consider that the CEO goes before Congress to say that the company supports a revamped tax policy, one that would actually see the taxes paid by Apple INCREASE.
But I guess it's easier just to call them the bad guy and then move on to the next sensationalistic item.
Your iPad, iPhone Are Owned By Google Now [View article]
WOW, thanks for the amazing revelation.
Can you tell us what will happen if Google goes to 4000, and Apple goes to 4? What fraction of Google will Apple be worth then? I really need to know as I'm planning my retirement portfolio based entirely on stock price ratios.
App store downloads have topped 50B, Apple (AAPL) boasts. The announcement comes 14 months after downloads hit 25B. Google announced earlier today Play downloads have passed 48B and totaled 2.5B last month. ABI estimated in March Apple's 2013 App Store revenue (exc. payouts) would be near $4.9B. Also: Susquehanna has started coverage with a Hold and $480 PT: the firm thinks a bigger iPhone is crucial (it doesn't expect one at least until Q1 2014), and worries iPad sales could miss consensus. (earlier) [View news story]
Any FYI, the Google current actually did feature the company 'boasting' as opposed to stating a fact.
You're allowed to be biased, but to continually claim you're not is what's interesting.
App store downloads have topped 50B, Apple (AAPL) boasts. The announcement comes 14 months after downloads hit 25B. Google announced earlier today Play downloads have passed 48B and totaled 2.5B last month. ABI estimated in March Apple's 2013 App Store revenue (exc. payouts) would be near $4.9B. Also: Susquehanna has started coverage with a Hold and $480 PT: the firm thinks a bigger iPhone is crucial (it doesn't expect one at least until Q1 2014), and worries iPad sales could miss consensus. (earlier) [View news story]
Why use "boasts" for Apple and "announced" for Google? If you can't see the difference between the way those two pieces of information are presented, then I feel sorry for you.
Apple (AAPL -4.2%) roundup: Tiger Global joined the unrelated Tiger Management in selling Apple shares in Q1, lowering its stake to 260K shares from a prior 1.05M (13F). 2) According to the iRumor mill's latest updates, the retina iPad Mini will have the same resolution (2048x1536) and processor (A6X) as the retina 4th-gen iPad; the iPhone 5S will replace the tradition home button with a touch-sensitive sapphire button (a positive for GTAT); and the iPhone 5S will have an improved camera to go with a fingerprint sensor. 3) The DOJ accuses Apple of being the ring-master in an e-book price-fixing scheme (previous); Apple calls the accusation "absurd." 4) Joe Weisenthal observes Apple's price movements have correlated some with gold's. [View news story]
Apple And Goldman Sachs Are An 'Effective Team' [View article]
"Our thesis is that AAPL has a terrific operating platform, engendering a loyal, sticky and growing customer base that will make repeated purchases ... Unfortunately, there have been a series of disappointments," writes David Einhorn in Greenlight Capital's Q1 letter, defending his bullishness on Apple (AAPL) after a 17% Q1 drop. He also defends his lightning-rod efforts to get Apple to remove Prop. 2 and change its capital structure. Vodafone (VOD - 21% Q1 gain) is another name Einhorn remains bullish on, believing "substantial value" could still be unlocked if a Verizon Wireless deal happens, and speculating AT&T might buy what's left of the carrier. (previous) [View news story]
The Risky Truth About Apple's Dividend [View article]
The Risky Truth About Apple's Dividend [View article]
The idea that the money Apple has overseas isn't available because they'd have to pay tax on it is dumb. If they need it they can use it. So instead of being $100 billion, it might only be $80 billion once repatriated.
Right now Apple has pursued a very efficient mechanism to enhance shareholder value. If, in the future, they have a reason to bring cash back to the US, they can and pay tax to do so.
Apple shouldn't and evidently won't go out of their way to pay unnecessary taxes. But the money's there if they need it, and after tax it still represents enough to fund almost any conceivable need for capital the company would have.
Apple Bonds Are Good For The Economy [View article]
Tax on the $17 billion that would have accrued? I'm guessing you either misspoke or don't really understand the concepts of taxation and accrual.
The Risky Truth About Apple's Dividend [View article]
Once the tax is paid, they still have a RIDICULOUS amount of cash.
It's not like they have to pay extra to bring the cash back. They just get to bring LESS of it back.
If there was ever even the hint that the dividend might be in trouble you can bet they'd be mailing the tax cheque to uncle sam without hesitation.
Comparing Dividends And Buybacks By Sector [View article]
Comparing Dividends And Buybacks By Sector [View article]
You can't increase your R&D spending by 10x and expect a proportional growth in revenue.
Does Apple need to spend MORE on R&D? History indicates it doesn't. We'll see this fall if they should have or not, but until then, this is just guesswork.
Apple Earnings Forecast: Will The Stock Fall Further? [View article]
Except in countries like the US, where Apple continues to grow market share?
Whatever Apple does there will always be a cheaper product that other people will buy. The idea that Apple has to have a product to fit every person on the planet is, in a word, stupid. Companies that try to please all the people all the time invariably fail. Apple's continued focus on innovation and quality will provide the basis for its success.