Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)

John1138

John1138
Send Message
View as an RSS Feed
View John1138's Comments BY TICKER:
Latest  |  Highest rated
  • The Chinese government is expected to issue 4G TD-LTE licenses by year's end, writes Morgan Stanley's Katy Huberty in a bullish note on Apple (AAPL +1.2%). The licenses could pave the way for China Mobile (CHL), which has 700M+ subs and is spending $6.75B this year on its TD-LTE network (still in trial mode), to begin selling the iPhone. One potential roadblock: China Unicom (CHU) and China Telecom (CHA) want the government to take its time in issuing TD-LTE licenses. CHA wants to delay its 4G capex, and both carriers are supporting the FDD-LTE standard (far more popular outside of China). (AAPL/CHL agreement) [View news story]
    They're not capable of using TD-LTE which is what I take the comment to be about.
    May 8 05:58 PM | Likes Like |Link to Comment
  • Amazon: Is Future Growth Enough To Justify Current Valuation? [View article]
    I've been growing to that conclusion as well.
    Apr 24 07:36 PM | 1 Like Like |Link to Comment
  • New versions of iOS and Mac OS X will be unveiled at Apple's (AAPL +0.8%) June 10-14 WWDC conference, the company announces. Meanwhile, with shares near $400, the sell-side is much more cautious in its post-earnings comments than it was at higher levels. "These Apples won't harvest before fall," writes Deutsche's Chris Whitmore, disappointed at earnings call remarks suggesting major product launches won't arrive until autumn. "Apple needs to introduce a 5-inch iPhone, a new 5S, and a low cost iPhone." Jim Cramer wasn't pleased with the call either. "This is the kind of conference call that was a revolt against management ... management is in complete denial." (previous[View news story]
    China Mobile.
    Apr 24 07:35 PM | Likes Like |Link to Comment
  • New versions of iOS and Mac OS X will be unveiled at Apple's (AAPL +0.8%) June 10-14 WWDC conference, the company announces. Meanwhile, with shares near $400, the sell-side is much more cautious in its post-earnings comments than it was at higher levels. "These Apples won't harvest before fall," writes Deutsche's Chris Whitmore, disappointed at earnings call remarks suggesting major product launches won't arrive until autumn. "Apple needs to introduce a 5-inch iPhone, a new 5S, and a low cost iPhone." Jim Cramer wasn't pleased with the call either. "This is the kind of conference call that was a revolt against management ... management is in complete denial." (previous[View news story]
    They've not said that with their wallets: the S3 was outsold worldwide by both the iPhone 5 (double the S3 numbers) and the year old 4s (by about 2 million units).

    A bigger screen? I'd suggest an LTE iPad mini for that.
    Apr 24 07:30 PM | 2 Likes Like |Link to Comment
  • Should Apple Repurchase Shares? [View article]
    They are, have been for a while. I understood that was the basis for their not giving a guidance on forward earnings per share, being uncertain abiout the number of shares outstanding upon which to base the guidance.
    Apr 22 05:37 PM | 1 Like Like |Link to Comment
  • "We think that Apple could be on the brink of driving a major leveraging up," writes JPMorgan's Mark Moskowitz in a voluminous note defending the stock. He believes the company will take on $15B-$20B in debt and bump the dividend yield to 4%. As far as operations, Moskowitz expects an earnings beat this quarter and upward pressure on estimates for 2013. AAPL +0.9% premarket. [View news story]
    "were >50% higher last qtr,"

    No, they weren't.

    "the 35% Q/Q drop in sales from Q4 is bigger than the 24% drop seen last year"

    And iPhone increased it's percentage of Verizon activations.
    Apr 18 03:39 PM | Likes Like |Link to Comment
  • Why Apple Is Floundering And The Stock Price Is Down [View article]
    Yes.

    Were I to want a BIG screen "phone" I'd buy an LTE capable iPad Mini.
    Apr 16 04:41 PM | Likes Like |Link to Comment
  • Why Apple Is Floundering And The Stock Price Is Down [View article]
    and their sales of the iPhone 5 and 4s versus the S3 seem to prove that.
    Apr 16 04:40 PM | Likes Like |Link to Comment
  • Why Apple Is Floundering And The Stock Price Is Down [View article]
    Probably true: that's why the iPhone 5 doubled the numbers of the S3 and the older 4s sold 2 millions more of them than the "Flagship" S3. The S3"s" retread that tech people yawned about isn't going to change that.

    So then as well, there's won't be any supply contraints on the new one so you're dissing those reports? Probably right there as well.
    Apr 16 04:36 PM | Likes Like |Link to Comment
  • Foxconn indicates it started a hiring blitz of assembly workers in China in the latest indication that Apple (AAPL)  is gearing up for production of a new iPhone. The company says 10K assembly-line workers have been added per week in Zhengzhou since the end of March and that hiring will continue to meet seasonal demand. [View news story]
    It wasn't in the last worldwide quarter against the SIII where the iPhone 5 shipped DOUBLE while the year old 4s shipped about 2 million more than the SIII.

    Against the IIIs? Selling a new iPhone will be just fine.
    Apr 15 02:30 PM | Likes Like |Link to Comment
  • Foxconn parent Hon Hai (HNHAF.PK), which is believed to get 60%-70% of its revenue from Apple (AAPL +1.2%), reported a 19% Y/Y drop in calendar Q1 sales to $27B. KGI Securities: "A quarterly decline was expected, but not a yearly decline ... This shows that Hon Hai's revenue depends too much on Apple, and iPhone orders corrected more than expected." Nonetheless, Apple is following the tech sector higher, a possible sign a weak Q1 is priced in. [View news story]
    The Surface tanked. Who was supposed to make that?
    Apr 10 05:11 PM | 1 Like Like |Link to Comment
  • Apple (AAPL -1.2%) roundup: 1) The budget for Apple's "spaceship" HQ has soared to nearly $5B from less than $3B, BloombergBusinessweek reports. Apple has already pushed back its move-in date to 2016. 2) France Telecom (FTE) CEO Stephane Richard says the cost-sensitivity of consumers is hurting demand for the iPhone and other high-end phones. Of course, FTE and other European carriers have been up in arms over iPhone subsidies. 3) Explaining why he considers Apple a "storage company," Lazard's Edward Parker points out Apple sells flash memory on higher-capacity iDevices at an 80%-90% incremental margin. [View news story]
    Because web blogs like Bloomberg Business Week (aka "they") have to snag clicks.

    Otherwise given : "Cost overruns are to be expected on large construction projects, and the scale of this one has evolved—from an initial plan to accommodate 6,000 employees, to offices for 12,000 or even 13,000 in one place. " it's a yawn. They've more than doubled structure's capacity, there's a reality there that is going to be reflected in final costs.
    Apr 4 01:14 PM | Likes Like |Link to Comment
  • Apple (AAPL -1.2%) roundup: 1) The budget for Apple's "spaceship" HQ has soared to nearly $5B from less than $3B, BloombergBusinessweek reports. Apple has already pushed back its move-in date to 2016. 2) France Telecom (FTE) CEO Stephane Richard says the cost-sensitivity of consumers is hurting demand for the iPhone and other high-end phones. Of course, FTE and other European carriers have been up in arms over iPhone subsidies. 3) Explaining why he considers Apple a "storage company," Lazard's Edward Parker points out Apple sells flash memory on higher-capacity iDevices at an 80%-90% incremental margin. [View news story]
    The entire project, as others have mentioned, is a rounding error on the Apple budget sheet.

    Their people IS their future and the new HQ is an investent toward their people.
    Apr 4 12:51 PM | 2 Likes Like |Link to Comment
  • Apple: Is It Finally Time To Buy? [View article]
    Yes the sales numbers where both the iPhone 5 and the iPhone 4s OUTSOLD the Galaxy SIII by a doubling and a few million respectively worldwide last quarter?

    Yes that was telling....
    Apr 1 06:12 PM | Likes Like |Link to Comment
  • Tim Cook responds to criticism of Apple's (AAPL -1.6%) Chinese repair/warranty policy by state-owned media outlets and a government agency by issuing an apology letter that outlines repair policy changes for the iPhone 4 and 4S. Separately, Fidelity Contrafund, Apple's biggest active shareholder, discloses it cut its stake in the company by 10% in January and February, to 10.4M shares. [View news story]
    Based on what? Certainly not the financials.
    Apr 1 03:31 PM | Likes Like |Link to Comment
COMMENTS STATS
148 Comments
153 Likes