Apple (AAPL +1.9%) roundup: 1) Brian White cites Chinese 3G growth as a reason for his $888 PT: he points out China's 3G sub base rose 83% Y/Y in April to 293.1M, and is expected to hit 375M-400M by year's end. China Mobile (CHL - previous) had 120M 3G subs; China Unicom (CHU) had 92M, and China Telecom (CHA) 81M. 2) Taiwan's Economic Times reports Apple is testing 1.5" OLED displays for an iWatch, and that "market rumors" indicate Foxconn has received iWatch trial production orders. 3) Digitimes reports MacBook orders are expected to grow 20% Q/Q in Q2, as Apple launches new systems sporting Intel Haswell CPUs at June's WWDC conference. [View news story]
tjmxxx
Your disagreeing with Brian White on AAPL's price target does not make him a buffoon. It's fine, though, to post your disagreement. His projection is linked to his take on AAPL's current and projected numbers, and right now, there are lots of frustrated share holders who seem to doubt that AAPL is headed back up (in uneven stages) to its previous high or above. Brian White's optimism is more plausible than the gloom squad's pessimism, and who knows?
My Top 10 Fairly Valued Fast-Growing Stocks [View article]
Qniform
You offer no facts to support what I, as a very satisfied user of F.A.S.T Graphs, have found to be a great and reliable resource. If you do have substantiation, please provide it when you question an organization.
My Top 10 Fairly Valued Fast-Growing Stocks [View article]
Another excellent assessment, Chuck. Thanks for introducing us to several companies that I am happy to learn about as well as a different lens through which to assess companies' stock prospects in the future.
50-50 partners ExxonMobil (XOM) and Statoil (STO) agree to begin development of the Julia oilfield in the Gulf of Mexico, estimated to hold nearly 6B barrels of resources. The field is expected to initially produce 34K bbl/day. Capital cost for the project, expected to begin oil production in 2016, is estimated at more than $4B. [View news story]
Sounds encouraging for Statoil and the Mexican economy!
Apple's (AAPL) stringent policies with telecom carriers - including minimum sales requirements - and the iPhone's high price and its technical needs, are preventing the company from addressing a market of 2.8B customers, research firm Asymco.com estimates. Tellingly, Apple has signed fewer than a dozen new carriers since September 2011, helping to explain the device's slowing growth and Samsung's (SSNLF.PK) increasing dominance. [View news story]
I think that you may be conflating prevalence and dominance. Apple is not aiming at dominating its markets. It focuses on excellent devices that people love to own and to use, and by any measure, it is excelling on both counts. The Smartphone market is huge and growing, and there's lots of room for many companies to do well. This bean counting about which company is leading in market share is a big deal mostly for companies that lack a loyal following.
Thanks for providing a great service to all AAPL investors with your calm, thoughtful, fact-based, and insightful postings. We value your voice of reason that counterbalances a lot of less-informed, emotional, and self-interested calls to cease believing in an outstanding company that has many fine years ahead.
Made in IBM Labs: IBM scientists unveil prototype that will put 'Smart mobility' into maintenance, repairs and operations [View article]
I am intrigued by the many innovative and sensible efficiencies that IBM is creating that embed it in an amazing array of business and governmental processes.
CSX Corporation: All Aboard - This Train Is Leaving The Station [View article]
Thanks for a clear, fair-minded, and detailed article to support your positive outlook for CSX. To me, expanding use of coal in Europe and China would be, at best, a slim advantage against the proven health risks of burning coal. It is already possible to detect particulate matter from China in California's air, and the more coal China consumes with its negligible concern for environmental safety, the more people will be getting sick and dying from avoidable air pollution. No matter how much I can earn from investing, it will be a tiny contribution to my health costs if I get lung cancer. I prefer to focus on long-term success for CSX built on alternative products that will be shipped as the economy improves and expands.
Today's Market News To Trade On: 5 Stocks Moving On News [View article]
I appreciate your articles that look at varied indicators to assess what drives the market up and down. Your postings are always clear, detailed, well-written, and hype-free. Thanks.
Wells Fargo (WFC): Q1 EPS of $0.92 beats by $0.03. Revenue of $21.3B misses by $0.29B. (PR) [View news story]
Way to go, analysts. Their getting so many things wrong spurs the calm, steady Liz Ann Sonders of Charles Schwab to note recently, "The peril of using forward earnings is of course the notoriously bad forecasting ability of the analyst community."
Siemens (SI) intends to axe 3,000 out of over 100,000 positions at its industry division as part of a plan to save €6B company wide and to increase productivity by €1.1B at the division itself by 2014. Meanwhile, China's industrial markets appear to be stabilizing, although expectations for Asian growth are "less enthusiastic" than in the past, while visibility in the U.S. is limited. (Siemens Capital Market Day) (See also) [View news story]
This sounds like a continuation of the plan that Siemens agreed to and has executed well after finding a new CEO to restructure a company demoralized by a costly international bribery debacle. The story is partially told in the following link: http://bit.ly/Zqbol5
Apple (AAPL +1.9%) roundup: 1) Brian White cites Chinese 3G growth as a reason for his $888 PT: he points out China's 3G sub base rose 83% Y/Y in April to 293.1M, and is expected to hit 375M-400M by year's end. China Mobile (CHL - previous) had 120M 3G subs; China Unicom (CHU) had 92M, and China Telecom (CHA) 81M. 2) Taiwan's Economic Times reports Apple is testing 1.5" OLED displays for an iWatch, and that "market rumors" indicate Foxconn has received iWatch trial production orders. 3) Digitimes reports MacBook orders are expected to grow 20% Q/Q in Q2, as Apple launches new systems sporting Intel Haswell CPUs at June's WWDC conference. [View news story]
Your disagreeing with Brian White on AAPL's price target does not make him a buffoon. It's fine, though, to post your disagreement. His projection is linked to his take on AAPL's current and projected numbers, and right now, there are lots of frustrated share holders who seem to doubt that AAPL is headed back up (in uneven stages) to its previous high or above. Brian White's optimism is more plausible than the gloom squad's pessimism, and who knows?
My Top 10 Fairly Valued Fast-Growing Stocks [View article]
You offer no facts to support what I, as a very satisfied user of F.A.S.T Graphs, have found to be a great and reliable resource. If you do have substantiation, please provide it when you question an organization.
My Top 10 Fairly Valued Fast-Growing Stocks [View article]
50-50 partners ExxonMobil (XOM) and Statoil (STO) agree to begin development of the Julia oilfield in the Gulf of Mexico, estimated to hold nearly 6B barrels of resources. The field is expected to initially produce 34K bbl/day. Capital cost for the project, expected to begin oil production in 2016, is estimated at more than $4B. [View news story]
Apple's (AAPL) stringent policies with telecom carriers - including minimum sales requirements - and the iPhone's high price and its technical needs, are preventing the company from addressing a market of 2.8B customers, research firm Asymco.com estimates. Tellingly, Apple has signed fewer than a dozen new carriers since September 2011, helping to explain the device's slowing growth and Samsung's (SSNLF.PK) increasing dominance. [View news story]
Apple: There And Back Again [View article]
Apple's Shareholder Program: The Day The Music Died [View article]
Questcor's Upcoming First Quarter Report: An Investor Reference Guide [View article]
Made in IBM Labs: IBM scientists unveil prototype that will put 'Smart mobility' into maintenance, repairs and operations [View article]
CSX Corporation: All Aboard - This Train Is Leaving The Station [View article]
Apple Is Where The Value Is At [View article]
Today's Market News To Trade On: 5 Stocks Moving On News [View article]
Wells Fargo: Compounding At Double Digits [View article]
Wells Fargo (WFC): Q1 EPS of $0.92 beats by $0.03. Revenue of $21.3B misses by $0.29B. (PR) [View news story]
"The peril of using forward earnings is of course the notoriously bad forecasting ability of the analyst community."
Siemens (SI) intends to axe 3,000 out of over 100,000 positions at its industry division as part of a plan to save €6B company wide and to increase productivity by €1.1B at the division itself by 2014. Meanwhile, China's industrial markets appear to be stabilizing, although expectations for Asian growth are "less enthusiastic" than in the past, while visibility in the U.S. is limited. (Siemens Capital Market Day) (See also) [View news story]