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  • The pharma industry escapes being imposed with liabilities of billions of dollars after the Supreme Court rules by 5-4 that GSK (GSK +0.8%) doesn't have to pay its reps overtime for visiting doctors' offices to promote its medicines. Two GSK employees had appealed a lower-court ruling that they were "outside sales" personnel exempt from overtime pay requirements.  [View news story]
    You have to be kidding me - Pharma Reps wanting overtime? Don't they get paid a salary? Salary plus bonus, company car, 401K match, business expenses, etc. - based on what my Pharma friends tell me. That's far different than an employee making $10 per hour period. This should have been a 9-0 decision. At least 5 of the justices got it correct! Friends?
    Jun 18, 2012. 04:17 PM | 3 Likes Like |Link to Comment
  • Apple's Revenue Growth: A Dual Track Bullet Train [View article]
    Convenience of selling to 400 million audience to a device which everyone carries with them at all times!
    Jun 18, 2012. 10:55 AM | 2 Likes Like |Link to Comment
  • Apple's Revenue Growth: A Dual Track Bullet Train [View article]
    This is an excellent 30,000 foot view of Apple. A few takeaways: 1) It's easy to project iPhone and iPad sales doubling unit growth in the next fiscal year; iPhone 5 launch in Sept/Oct and this leads to a contract with China Mobile. 2) The European crisis is now in year 3 - sales growth will trail other Regions but will not fall off a cliff and robust growth can be found in other Regions. Buy Apple on dips caused by Greece, Spain, etc. 3) I'm long Apple through the iPhone 5 launch - Apple TV/iPanel/Mac TV is Tim Cooke's first real test of taking a new product from "bench" to market. Success makes me an Apple investor for the next 5+ years.
    Jun 17, 2012. 10:47 AM | 5 Likes Like |Link to Comment
  • Are Apple Analysts Scaring Off Investors? [View article]
    Apple's 3Q is going to be a monster quarter for the new iPad. I've heard very little from the analyst geniuses about the enterprise market and shift from lap top computer to the iPad. I'm convinced Dell, HP, etc's computer sales continue to weaken. Analysts also fail miserably to value the Apple ecosystem. My observations conclude very few leave the Apple ecosystem for Google, Samsung, etc. As Tony Soprano says, "Once you enter this family, there is no getting out"!
    Jun 12, 2012. 03:12 PM | 1 Like Like |Link to Comment
  • Market Update: 'Risk Off' Indicators Retreating; S&P 500 Holding The Line [View article]
    The market action on Friday points to a continuation of "risk on". Europe is a major factor - but the decrease in energy/commodity prices has to be a "positive" for consumers and companies. Major companies like Apple, Starbucks, WalMart, etc will benefit in 2Q earnings. I'd like to see the market react positively to the World Wide Developers Conference (Monday) for Apple. As the highest market cap US Company - this could help move the entire market forward?

    Great article presenting the bull and bear side.
    Jun 10, 2012. 11:37 AM | Likes Like |Link to Comment
  • Could Weakening European Sales Make Apple Vulnerable? [View article]
    Apple remains one of the truly worldwide successful US companies. On any given day we could wake up to the news Apple inked a deal with China Mobile and 630 million subscribers. That makes Europe and it's currency issues less of an issue. iPad sales are HUGE this quarter and Apple has a strong line up of new products every quarter after that. Buy any dip below 550. Below 530 is optimal. Long Apple and buying/selling Apple calls.
    Jun 6, 2012. 11:25 AM | 1 Like Like |Link to Comment
  • The fabled Apple (AAPL) TV set has entered the "trial production stage" at contract manufacturer Foxconn, according to a report from Chinese site Sina (translation). An Apple TV-related statement attributed earlier this month to Foxconn chairman Terry Gou was subsequently denied, but many other rumors (I, II, III) have also popped up. (more)  [View news story]
    How about Facebook's press release for a FaceBook smart phone? Is this how FB management will spend capital raised from their IPO. I'm sure investors will love it? The landscape is littered with companies trying to compete against iPhone. FB Put options are in order.
    May 29, 2012. 10:30 AM | Likes Like |Link to Comment
  • Bite The Apple Before It's Too Late [View article]
    This is a great article. It is one of few that begins to place intrinsic value on the Apple ecosystem. The Apple retail stores represent true genius. You don't get this intrinsic value with any other smartphone, computer or software brand. If you haven't spent time learning how to improve your iPhone, iPad or Mac chops - your missing a huge opportunity. Long Apple for the long term. I also combine options to add to gains and protect my profits when Apple pulls back. Apple is one of the only stocks I will not write covered calls against. Protective Puts occasionally.
    May 29, 2012. 10:14 AM | 2 Likes Like |Link to Comment
  • 10-K Drill-Down: Researching Potential Risks To Apple [View article]
    Apple has and will continue to make significant innovations to it's hardware iPhone, iPad, Mac and soon to be iPanel. It's difficult for analysts to place value on IOS software - but having made a conversion from corporate Windows based environment to IOS, I now understand the superiority of Apple software and the ecosystem. I also appreciate the true genius in Apple retail stores and the ability for customers to seek one-on-one education on the use of Apple products. There is a HUGE difference between face to face learning and talking to a techie over the phone. You can't get that from Dell, HP, Microsoft, Google, etc.

    Apple will continue to innovate in the US and internationally. It is one of the only US companies to successfully pull this off. The US government must work with Apple to defend against patent piracy. It is a big deal with Apple. The Samsung ruling is fundamentally important for Apple.

    I'm long Apple as long as they continue to innovate. Look at all the High School and College kids with Apple products. They are unlikely to change anytime soon.
    May 25, 2012. 09:14 AM | 2 Likes Like |Link to Comment
  • For whom the Dell tolls: As the IT giant's FQ1 miss and commentary lead to a tech selloff, PC-related names get hit harder than most, no doubt thanks to the 10% drop seen in Dell's (DELL -15.8%) notebook sales. Rival H-P (HPQ -4.4%), due to report this afternoon, is among the biggest losers. Also selling off: INTC -3.1%. MSFT -3.2%. AMD -3.1%. LOGI -3.3%. (more on DELL)  [View news story]
    Tablet sales must be killing notebook PC's. Perhaps the Ultrabook will help? I'm hearing of a huge uptake of iPads in corporate business market.
    May 23, 2012. 10:41 AM | Likes Like |Link to Comment
  • "What we’re working on now feels like the most important and the best work we’ve done," newly knighted Apple (AAPL) design chief Jony Ive cryptically tells The Telegraph. Rumors abound regarding a bigger iPhone, smaller iPad, and Apple TV set. Ive also evangelizes about Apple's philosophy: "What preoccupies us is that sense of care ... what our products will not speak to is trying to respond to some corporate or competitive agenda." (previous)  [View news story]
    I'm counting on Apple changing the game in the television network/Cable business. I love the idea of ala carte. I'm totally sick of paying for all the crap on channels like MSNBC, etc.
    May 23, 2012. 10:39 AM | 9 Likes Like |Link to Comment
  • An Apple Bear Case Without Numbers Or Charts [View article]
    This is an excellent post. IBM created an internal culture unmatched in the business world of 60's-70's. Apple has also captured this type of culture - for example none of Apple's suppliers or internal Apple employees divulges information. If a supplier does - they are no longer a supplier for Apple. As long as Apple continues to innovate - Apple will stay beloved and at the top of the growth charts. This is the big test for Tim Cooke. The iPanel is the first test. Would anyone doubt Apple's ability to change the TV world if Job's was in charge? We'll all find out about Tim Cooke in the next 6-9 months!
    May 23, 2012. 09:27 AM | 3 Likes Like |Link to Comment
  • Bottom Fishing? But Where's The Bottom? [View article]
    This is an excellent article. To the point of the US on a fiscal cliff - doesn't this force the Fed's hand to add more stimulus? Same for the EU and China. The only answer is to reinflate their economies in a coordinated fashion. Commodities are on the decline. This adds to deflation. Prudent investment would be in companies improving earnings based on lower commodity prices. If these companies have capital to hedge at low commodity prices - the more the better. Stimulus should result in increased commodity prices. Another positive investment idea. Obama cannot afford to let the US economy fall off a cliff - can he?
    May 15, 2012. 08:43 AM | Likes Like |Link to Comment
  • Sanofi Could Plummet On Imminent Plant Shutdown [View article]
    An issue related to production must be the fact Sanofi continues to suffer in the market by currently not being able to produce Apidra Insulin Pens. Sanofi has considerable resources dedicated to it's diabetes franchise: Apidra and Lantus. Novo Nordisk is absolutely killing Sanofi in the US market. Plavix goes generic in the US on May 19th. Price will erode quickly on Sanofi's share of this $7.5 billion product (SNY/BMS). A judge ruling back in 2008 eliminates the 6 month exclusivity for 1st to market generic. Genzyme helps but Sanofi paid $20 billion and the deal took 9 months. It's easy to understand why the CEO didn't get the head job at Glaxo? Beware, as this company has a terrible reputation in the US market.
    May 12, 2012. 11:15 AM | 1 Like Like |Link to Comment
  • 5 Catalysts That Could Push Apple Beyond Its Current Trading Range [View article]
    Another catalyst will be China Mobile and it's 630 million subscribers!
    May 10, 2012. 10:43 AM | 6 Likes Like |Link to Comment