Nokia Is Finnished: Prepare For Bankruptcy [View article]
Because Apple would own all of Nokia's 30k patents. Many of which Msft would be infringing. I'm long NOK, this is ridiculous. I'm just making the case that Apple could strategically set back Msft years and lots of $, but then again Msft cannot allow this to happen. Which will lead to a bidding war and short squeeze.
Nokia Is Finnished: Prepare For Bankruptcy [View article]
Apple could buy Nokia now, liquidate, pay itself back and then enjoy over 600million in savings from Royalty payments, along with 30k patents. That would pretty much end W8, as it would be held up in court for patent infringements.
Anyone at Apple have a clue?> Do they want to cut Microsoft off at its knee's? As we all know MSFT cannot allow this to happen, so it would become a bidding war!
Legend Of The Phoenix: Is Nokia Coming Back? [View article]
Same logic for Apple, why would you buy an Iphone knowing the next model is coming out. My wife bought the Iphone 4, when the 4s was released. It was half the cost and provided the greatest value. Not everyone is an early adopter and the refresh cycle for smartphones is around 18months. So what if you have to wait a few months with an older version, or wait and buy the newer. Not everyone thinks and does the same things, we are all very different and many of us would never pay the Apple premium!
Legend Of The Phoenix: Is Nokia Coming Back? [View article]
Actually, about 6 million Iphones were sold through Verizon for the quarter. So times that by 2.5 (Att, Sprint) and thats 15million or so devices here in the US. No where near a few million a day.
Lumia has only been available for a few months via ATT, and has sold a few million. Trends change, if they did not, Apple would be bankrupt and there would be no Iphone!
Following Research In Motion's (RIMM -15%) FQ1 miss, discussion is shifting from market share losses to the company's survival. Canaccord's Mike Walkley thinks the hardware business now has a negative gross margin, and expects a sale to eventually happen. BofA, which is downgrading RIM to Underperform, declares "the risk of total value destruction" a possibility. Wedge Partners' Brian Blair argues RIM can only survive as a low-end/emerging markets vendor. (MSFT offer) (transcript) [View news story]
Net of all current liabilities, RIMM has 3.4 Billion in cash/ receivables and other tax deferred assets. So, they have two years worth of cash assuming no positive cash flow, which is not the case, especially as expenses are reduced. Giving the current market cap of $4bill, RIMM should instead take that cash and buy there own stock and go private. I'm sure they could borrow the difference, which is only 600million.\
The big banks have their price targets and Q2 outlooks cut by Keith Horowitz's team at Citi. Net interest margins have slimmed, credit spreads are widening, and mortgage performance remains poor, say the analysts. XLF -0.6% premarket. [View news story]
Regulations have forced all banks to increase capital ratios, so in order to meet Basel , all banks have been gobbling up Government Bonds. By forcing banks to buy these bonds, we are forcing them to underwrite deficit spending. Then when questions arise as to the credit quality of a sovereign bond, value falls and banks need capital. Key issue is, the regulations are forcing banks to buy government Bonds knowing that they'll lose value in the future. When they lose value, politicians just blame the banks even though it was policy responsible.. How did Basel work out for Spanish banks who are trying to meet these new rules, by buying bonds that are losing value and lowering your capital ratios in the process. Hypocracy is disgusting! US banks like BAC has highest cap ratios ever, but continues to be downgraded. Why? Because Moodys knows their gonna downgrade Treasuries and that the banks will have to post even more capital. Anarchy anyone?
Johnson Controls: The Restart May Be A Quarter Away [View article]
JCI is one of my top picks. Europe has been the primary drag on its stock performance even though the sectors it is tied to within Europe are doing just fine. Why is Germany not in depression? Auto Sales are doing well. We have large cities in need of remodeling to reduce their environmental impact. It's interest that JCI is working with IBM in this area, as IBM see's this market growing substantially. Read the article on the Empire States Building retrofit for some perspective if you have not. With. A dividend yield well in excess of a 30 year treasury now(amazing), rising earnings, low pay out ratio and now selling close to book value. A compelling value, especially if they meet forward guidance and approach earnings close to $4 a share in 2014.
Nokia Is Turning Its Focus On China [View article]
People may not use excel on there phone, but they'll sure to use it on their tablet. Last time I walked into ATT, last week, there are Samsung phones that blurr the line between phone and tablet. Nokia Lumia has a much larger screen. A better way to phrase it, "No one with an Iphone or Ipad uses excel on there device.". Please do not attempt to speak for earth's entire human population as you do NOT know what someone in India earning $5000 a year is gonna buy! I'm waiting for Verizon to carry and am starting to get anxious. My android is all cracked, HTC is a piece of crappie and I'm waiting for Nokia phone. I don't care if it doesn't upgrade to W8, if only will go to 7.8, as I get a new phone every 18 months. The rate of product refresh in the cell/smartphone industry will ensure many opportunities for the next best thing. Netflix was a short of a lifetime, like Rimm and Nokia have been. Apple will be even better!
I must be an idiot as I own some Rimm. I did not buy when it was $140, or $100 (those poor souls, but we will never know who they are), but I did buy some when it hit 50% of book. With no LTD, net cash position of $3.7 billion and positive operating cash flow, RIMM is not going bankrupt. They are taking a lot of one times due to lay offs, inventory write downs. The one thing all BlackBerry shorts have in common, they all own Apple! The question is, when did they buy Apple? Long short trade has worked out wonderful, buy Apple short RIMM or Nokia. Problem is, they're gonna run out of shares to sell short! Every share of Rimm has been sold over the past 30 days. So unless someone is buying, they cannot he sold again. Yet volume keeps spiking and shares keep crashing. Short squeeze is coming! It's always darkest before dawn!
No floor? How about 3.7 Bill. If it goes anywhere near that level, they should take their net cash and buy, buy, buy and never look back, never answer to an analyst again and just go about there business. As a privately held company. While government is one of the biggest job destroyers, I'm starting to believe that the markets are just as bad.
For any history buffs, the situation in Europe is all to similar to 1860. Giving up sovereignty to a central authority.. How did that bode well here in the US? It's going to be a few interesting days. We may see Obama crying in the corner when Holder is held in contempt and Obamacare is over thrown, at the same time realize that Southern Europeans do not want to be ruled by northerners....
Nokia (NOK +1.85%) CEO Stephen Elop rejects speculation that Microsoft (MSFT) is planning to make its own smartphone, telling Finish newspaper Kaleva that the U.S. company has "made a clear decision with Nokia." Perhaps more convincing is a denial from Microsoft exec. Greg Sullivan in an interview with Information Week. [View news story]
So if you've worked in IT, have you ever sold the products? Selling software that is not 100% only creates unhappy customers.
I've worked for many software companies in my earlier years selling software that was not ready to go from Beta testing.
Nokia (NOK +1.85%) CEO Stephen Elop rejects speculation that Microsoft (MSFT) is planning to make its own smartphone, telling Finish newspaper Kaleva that the U.S. company has "made a clear decision with Nokia." Perhaps more convincing is a denial from Microsoft exec. Greg Sullivan in an interview with Information Week. [View news story]
I'm waiting to upgrade to the Pureviewe this Fall. Years ahead of its competition. With the integration of smartphones and social media, skype and video calling, having a real camera is a huge differientiator.
Once that is released on W8 Software, the game has been changed!
You need creditors to go bankrupt. RIMM is not losing cash as we shall see when they report earnings. They will most likely report an accounting loss, but again they did state operating cash flows will be increasing. Operating cash flows have averaged around 2.59billion a year over the past 5 years, with last year ending 3/31/12 at 2.912billion.
If operating cash remains at this mean, then they'll generate enough cash in the next two years to buy back every share without touching a dime from the balance sheet.
Only the analysts think RIMM's revenue streams are seizing, while smartphone sales have stalled, they may again grow exponentially with BB10. We shall see, but even if they do not, it is still a tremendous value.
Legend Of The Phoenix: Is Nokia Coming Back? [View article]
Nokia Is Finnished: Prepare For Bankruptcy [View article]
Nokia Is Finnished: Prepare For Bankruptcy [View article]
Anyone at Apple have a clue?> Do they want to cut Microsoft off at its knee's? As we all know MSFT cannot allow this to happen, so it would become a bidding war!
Legend Of The Phoenix: Is Nokia Coming Back? [View article]
Legend Of The Phoenix: Is Nokia Coming Back? [View article]
Lumia has only been available for a few months via ATT, and has sold a few million. Trends change, if they did not, Apple would be bankrupt and there would be no Iphone!
Following Research In Motion's (RIMM -15%) FQ1 miss, discussion is shifting from market share losses to the company's survival. Canaccord's Mike Walkley thinks the hardware business now has a negative gross margin, and expects a sale to eventually happen. BofA, which is downgrading RIM to Underperform, declares "the risk of total value destruction" a possibility. Wedge Partners' Brian Blair argues RIM can only survive as a low-end/emerging markets vendor. (MSFT offer) (transcript) [View news story]
The big banks have their price targets and Q2 outlooks cut by Keith Horowitz's team at Citi. Net interest margins have slimmed, credit spreads are widening, and mortgage performance remains poor, say the analysts. XLF -0.6% premarket. [View news story]
Johnson Controls: The Restart May Be A Quarter Away [View article]
Nokia Is Turning Its Focus On China [View article]
Why We Were Right On RIM And Nokia [View article]
The one thing all BlackBerry shorts have in common, they all own Apple! The question is, when did they buy Apple? Long short trade has worked out wonderful, buy Apple short RIMM or Nokia. Problem is, they're gonna run out of shares to sell short! Every share of Rimm has been sold over the past 30 days. So unless someone is buying, they cannot he sold again. Yet volume keeps spiking and shares keep crashing. Short squeeze is coming! It's always darkest before dawn!
Why We Were Right On RIM And Nokia [View article]
For any history buffs, the situation in Europe is all to similar to 1860. Giving up sovereignty to a central authority.. How did that bode well here in the US? It's going to be a few interesting days. We may see Obama crying in the corner when Holder is held in contempt and Obamacare is over thrown, at the same time realize that Southern Europeans do not want to be ruled by northerners....
Nokia Is Turning Its Focus On China [View article]
Nokia (NOK +1.85%) CEO Stephen Elop rejects speculation that Microsoft (MSFT) is planning to make its own smartphone, telling Finish newspaper Kaleva that the U.S. company has "made a clear decision with Nokia." Perhaps more convincing is a denial from Microsoft exec. Greg Sullivan in an interview with Information Week. [View news story]
I've worked for many software companies in my earlier years selling software that was not ready to go from Beta testing.
Nokia (NOK +1.85%) CEO Stephen Elop rejects speculation that Microsoft (MSFT) is planning to make its own smartphone, telling Finish newspaper Kaleva that the U.S. company has "made a clear decision with Nokia." Perhaps more convincing is a denial from Microsoft exec. Greg Sullivan in an interview with Information Week. [View news story]
Once that is released on W8 Software, the game has been changed!
Why We Were Right On RIM And Nokia [View article]
If operating cash remains at this mean, then they'll generate enough cash in the next two years to buy back every share without touching a dime from the balance sheet.
Only the analysts think RIMM's revenue streams are seizing, while smartphone sales have stalled, they may again grow exponentially with BB10. We shall see, but even if they do not, it is still a tremendous value.