Seeking Alpha

BTNelson33

BTNelson33
Send Message
View as an RSS Feed
View BTNelson33's Comments BY TICKER:
Latest  |  Highest rated
  • Insider Monkey's Jake Mann takes a look at how Apple (AAPL -1.1%) invests its $120B in liquid assets. "Corporate securities" (either debt or equities) made up $46.3B of the total at the end of FY12, treasuries made up $20.1B, and U.S. agency securities $19.5B. Another $11.9B was invested in mortgage and asset-backed securities, $5.6B in muni bonds, and $5.5B in foreign government debt. Apple's treasury holdings rose 87.9% Y/Y, easily surpassing the 49% increase seen in its asset base (exc. cash). Corporate securities rose 31.5%. [View news story]
    As a shareholder I'm greatful that Apple management doesn't rush into reckless spending. Perhaps Apple's cash on hand will be used to set up a TV model?
    Dec 28, 2012. 06:58 PM | 2 Likes Like |Link to Comment
  • Apple Fire Sale: Part 2 - The Rocket Blast [View article]
    This has been an extremely difficult year to analyze/forecast Apple: iPhone 5, iPad mini, Mac launches + fiscal cliff issues + capital gains + what is Apple's next big product? Once an investor or money manager sells Apple to lock in cap gains - why would they get back in ahead of a deal in Washington DC? Too much uncertainty. I believe in the Apple "slingshot" effect and have profited from it - but it is hard to have faith in our elected politicians. Rome was not destroyed by the Barbarians on the outside - Rome was detroyed by the Barbarians on the inside!
    Dec 26, 2012. 04:50 PM | Likes Like |Link to Comment
  • Though many expected e-book prices to plummet after the DOJ coaxed top publishers to allow Amazon (AMZN), Barnes & Noble (BKS), and others to set their own prices, the NYT observes the impact of the DOJ settlement on publishers has thus far been muted. E-book prices haven't fallen "as broadly or drastically as anticipated," and the market's overall growth has slowed down. "At any given time about a third of e-book users haven’t bought a single title in the last 12 months," says industry analyst Michael Norris. [View news story]
    Why read a book when you can watch television or go to the movies?
    Dec 26, 2012. 03:32 PM | Likes Like |Link to Comment
  • Lawmakers in the U.S. see a quick-patch solution as the best hope of averting the automatic tax increases and spending cuts set to hit on January 1. Over the weekend the blame game was in full cycle while key Senators hit the talk TV circuit. The last word from President Obama is that he would immediately sign a bill into law extending tax cuts for those making $250K or less. [View news story]
    You are correct - but a Canadian can lose their life waiting for a lifesaving operation. Oh, that's right - they can go to the USA for the operation!
    Dec 24, 2012. 01:54 PM | 2 Likes Like |Link to Comment
  • Lawmakers in the U.S. see a quick-patch solution as the best hope of averting the automatic tax increases and spending cuts set to hit on January 1. Over the weekend the blame game was in full cycle while key Senators hit the talk TV circuit. The last word from President Obama is that he would immediately sign a bill into law extending tax cuts for those making $250K or less. [View news story]
    Rome was not destroyed by the Barbarians on the outside. Rome was destroyed by the Barbarians on the inside ....
    Dec 24, 2012. 01:53 PM | 2 Likes Like |Link to Comment
  • What's Worrisome About Apple [View article]
    Paul, I really appreciate your thought provoking articles. What is your understanding of WalMart going after AT&T, Verizon and Sprint? Perhaps the iPhone discounting is more "shared" by WalMart/Apple than anyone knows? WalMart offers a plan that "shares" AT&T cell towers at roughly a 40% discount off AT&T's contract price. By offering a competitive iPhone price vs. AT&T and Verizon - WalMart offers an extremely attractive service contract. This could explain how WalMart could "eat" a larger percentage of the iPhone discount than one would think. Your thoughts?
    Dec 21, 2012. 07:03 PM | Likes Like |Link to Comment
  • Apple Is A Buy Before Earnings [View article]
    Apple's 1Q 2013 earnings period is shaping up very similar to 1Q 2012. Last year the media was questioning Tim Cooke and his qualifications to replace Steve Jobs. The media criticized Cooke to no end for coming late with iPhone 4S. Analysts missed projections by 7 Billion dollars. The largest dollar volume beat by any company in history! Although for different reasons - the media continues to criticize Cooke. iPhone 5 expectations were unbelievably high. So Apple didn't sell 10 million phones the first weekend? Apple is going to sell 40-50 million i5's in the 1Q. I read that Apple makes $.23 per million phones. That is $11.50 by my calculations for just the iPhone 5 alone. Apple remains the greatest managed US company. I'm really getting tired of CNBC. So what is so great about GE/Comcast?
    Dec 21, 2012. 06:50 PM | Likes Like |Link to Comment
  • Bull Calendar Spread A Good Options Play For Apple [View article]
    This is a tough strategy to execute with a stock like Apple. Not only does an investor have to get the direction correct - you also have to get "market" psychology correct. The volatility Apple has experienced the past 3 months makes this a difficult trade. Why not just wait until mid January and by February or March calls - after you have more information regarding Christmas sales?
    Dec 19, 2012. 11:11 AM | Likes Like |Link to Comment
  • How Bad Will The Rollover Be For Google? [View article]
    Google was rocked the day of it"s most recent earnings. It's down almost 100 points in the last 6 weeks. I know because I owned the Nov. Google 650 Puts for $1.80. I sold one week later at $12.00. It's extremely difficult to forecast Google's earnings - price per click? How can any analyst accurately forecast on-line ad revenue?
    Nov 13, 2012. 02:30 PM | Likes Like |Link to Comment
  • Oh Apple, About That 'Win' You Thought You Got... [View article]
    Why is this all on Tim Cook? Steve Jobs was willing to go "thermonuclear"? The Apple Legal Team had it correct: It took Apple 5 years to develop the iPhone and Samsung 3 months to copy it. I'm all for the innovators who truly make our lives better.
    Nov 13, 2012. 02:25 PM | 9 Likes Like |Link to Comment
  • China: A Vital Catalyst To Consider In Terms Of Apple's Global Growth [View article]
    So how many iPhone 4 & 4S owners will switch to the Lumia? Once you go Mac you never go back ....
    Oct 25, 2012. 03:12 PM | 2 Likes Like |Link to Comment
  • Freeport-McMoRan Copper & Gold: Long-Term Rise [View article]
    I like FCX from a long term perspective, however, there is a pronounced global economy slowing. This is balanced off by an improvement in US construction, unlimitted QE3 and the presedential election. Have you thought about writing 1-2 month covered calls and let the market decide for you regarding hold/sell? November 43's?
    Oct 19, 2012. 09:28 AM | Likes Like |Link to Comment
  • Why Starbucks Will Grow Too Much In Asia For The P/E-Ratio To Matter [View article]
    What would you consider to be a good entry point for new investor in Starbuck's? The stock was above $60 and trades just below $50.

    Thanks,
    Oct 3, 2012. 10:45 AM | Likes Like |Link to Comment
  • Will Google Checkmate Apple With Motorola Move? [View article]
    Does Wall Street really know how to value Google? Seems like price per click is a "crude" unsophisticated method to value Google. It is much easier for the Street to value Apple - for better or worse.

    Your thoughts?
    Oct 3, 2012. 10:25 AM | Likes Like |Link to Comment
  • Apple Insider Trading History: Interesting, In A Non-Obvious Way [View article]
    I personally didn't use Google Maps. I do use an Around Me App, which contains Google Maps. I'm more interested in upgrading from my iPhone 4 to the i5 on November 5th - when my Verizon two year contract is ready for upgrade. I'm really jazzed about using Siri along with the Maps program. There are so many ways around Google Maps - this is all media hype.
    Sep 26, 2012. 09:37 AM | Likes Like |Link to Comment
COMMENTS STATS
104 Comments
181 Likes