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  • Data Says Nokia's Cameras Will Win It The Smartphone Segment [View article]
    Even if the camera is the most used feature of the smart phone, it does not necessarily mean that it can be used as the value proposition. There comes a point where the quality is good enough for most users, and the large pro-sumer segment will likely desire a DSLR for it's superior lens optics, aperture and shutter controls.
    Jul 18 09:42 AM | 2 Likes Like |Link to Comment
  • Apple Does Not Have $137 Billion In Cash [View article]
    If the government repatriates the profits, it will show as income on the income statement and on the balance sheet it will reduce liabilities thus increasing net assets. The cash balance will not be affected since the taxes were never paid using cash or otherwise.
    Mar 5 08:49 AM | 2 Likes Like |Link to Comment
  • Apple's (AAPL) out and AIG's in at the top of Goldman's VIP list - 50 stocks appearing as top holdings at hedge funds. 117 funds own the insurer, with 80 counting it as a top 10 holding. Apple is a top holding in 67 funds, down from 109 in Q4. Also slipping ahead of Apple is the next putative $1,000 stock, Google. [View news story]
    Actually, financial management has more to do with earnings, cash flow and return on investments (equity and assets) I think the only thing you could really fault management with financially is a poor return on cash. They have excelled at the first two.

    It's the board of directors responsibility to determine stock splits, dividends and buy backs. Those are all tools to manage the value for investors and have little to do with the running of the company day to day.
    Feb 21 11:25 AM | 2 Likes Like |Link to Comment
  • Verizon (VZ) states on its Q4 call it activated 6.2M iPhones in Q4, good for 63% of total smartphone activations (up from 46% in Q3, and 56% in the year-ago period). Big Red had previously disclosed it activated 9.8M smartphones in the quarter. CFO Fran Shammo says about half of the iPhone sales involved the iPhone 5 - that remark comes as UBS points to survey data indicating a mix shift towards older and lower-capacity iPhone models. Apple (AAPL) +0.8%. (AT&T smartphone sales[View news story]
    That's a very good report for Apple. I wish VZ would have commented on the mix of tablet sales. They reported very strong tablet sales of over 7 million. If they were 60% Apple, that would be 4.2 million of the higher end cellular iPad or IPad Mini devices.
    Jan 22 09:36 AM | 2 Likes Like |Link to Comment
  • Why You Should Short Sell Pandora Media [View article]
    I think P is a high risk stock either way. This includes shorting the stock. Especially since earnings are due next week. The stock has typically been very volatile post earnings, and the last two earnings it has risen sharply.

    Also, from a Q/Q perspective, the second quarter showed a lot of positives that aren't really shown in your analysis. Q/Q revenue grew by 25% while content acquisition only grew by 8.4%. If they show similar results in Q3, they will definitely be moving in the right direction.

    The Internet Radio Fairness Act could cause a lot of volatility in this stock regardless of whether it passes. News could swing this stock quickly in either direction. If it were to pass, it would significantly improve their earnings.
    Nov 27 10:36 AM | 2 Likes Like |Link to Comment
  • Apple: Record iPhone 6 Pre-Orders Versus No China In 2014 [View article]
    My wife has an iPhone and an iPad-mini, and I don't see her switching to one device. The second device works perfectly to entertain my son while she uses the other. Also, the ASP of the mini is likely much lower than $830. We only spent ~$300 for our mini, and $350 for a 4S. So a move to a 6+ would actually be an up-sell. I'm sure there will be some cannibalization, but overall the 6 & 6+ will be a boost to ASP and profit.
    Sep 18 09:53 AM | 1 Like Like |Link to Comment
  • Icahn buys more Apple shares following post-earnings selloff [View news story]
    That's Tony Cook the head janitor's email. Boy is he feeling stressed right now with so many investors upset with his performance and threatening the board for his removal! Poor guy didn't even see it coming.
    Jan 28 01:54 PM | 1 Like Like |Link to Comment
  • Apple beats estimates, issues solid guidance; shares lower [View news story]
    Your selective numbers skew the picture. You would need to take the opening price for the quarter to calculate the return. Opening price was $438.93 for the quarter. $8.26/$438.93 = 1.9% or about 7.5% annually.

    Also, that doesn't take into consideration the fact that buying a share entitles the shareholder to a dividend, which is basically profit from previous quarters/years. The real return to a new shareholder would be $8.26(Incremental Earnings) + $3.65(Previous Earnings) = $11.91 or 2.7% for the quarter. This would be without any growth at all.
    Oct 28 05:09 PM | 1 Like Like |Link to Comment
  • Cook takes stage at iPad event; 1M apps in App Store [View news story]
    One billion songs at an average of 3.5 minutes per song is roughly 58 million listener hours over about a one month time period. That's about 4% of the 1.36 billion listener hours Pandora had in September. That number could lead to a M/M decline in listener hours for Pandora. I'm curious how that will affect their stock price.
    Oct 22 03:56 PM | 1 Like Like |Link to Comment
  • Data Says Nokia's Cameras Will Win It The Smartphone Segment [View article]
    "a good photographer is also the one that can get good pics even in adverse conditions."

    This is exactly my point. A good photographer compensates for those poor conditions, and not just by using a better camera. The use of additional lighting, subtractive lighting or even camera position for example. The average person will not do these things because they don't know how.

    I realize your very optimistic about Nokia. I don't quite see the business case yet, but good luck out there. :)
    Jul 18 03:16 PM | 1 Like Like |Link to Comment
  • Data Says Nokia's Cameras Will Win It The Smartphone Segment [View article]
    "Your comments shows that you donĀ“t know much about photography."

    I'm not sure who that comment is directed at but I can assure you I know quite a lot about photography. My first degree is in photographic technology. Furthermore, my comment is not about the Nokia 1020, but about the general business strategy that a better camera will turn Nokia around. I'm sure there are some that will buy a phone based on the camera quality, but in my opinion that market is smaller than you would expect for the reasons mentioned above.

    I have no position in Nokia, but as a fellow investor I'm merely pointing out contrary points that should be considered. Never get emotionally tied to an investment. It's a very competitive market that Nokia is in, and an objective view point should be your stance.
    Jul 18 02:23 PM | 1 Like Like |Link to Comment
  • Buybacks Vs. Dividends: Bottom Line, Get Rid Of That Cash [View article]
    The taxes are expensed to a liabilities account. They are held there until paid. If the taxes no longer need to be paid, they would credit the liabilities account which would reduce tax expenses on the income sheet thus increasing earnings.
    Apr 1 09:45 AM | 1 Like Like |Link to Comment
  • Buybacks Vs. Dividends: Bottom Line, Get Rid Of That Cash [View article]
    Actually, the taxes are already accounted for in the earnings. However, in the event of a tax holiday Apple could move the cash home, credit the tax holding and increase earnings.
    Apr 1 09:36 AM | 1 Like Like |Link to Comment
  • Apple (AAPL) has slashed prices for three 13" MacBook models. The price of the 13" retina MacBook Pro with 128GB SSD has been cut by $200 to $1,499, and the 256GB model by $300 to $1,699. Meanwhile, the 13" MacBook Air with 256GB SSD has been cut by $100 to $1,399. Apple's 15" retina MacBook Pro models remain priced at $2,199 and $2,799, but both have been given faster Intel Core i7 CPUs, and the costlier model now sports twice as much RAM. The moves follow a quarter where Mac shipments fell 22% Y/Y, and revenue 16%. (PR[View news story]
    It doesn't necessarily mean margin compression. When a new technology comes out it's always more expensive at first. As manufacturing gains experience and efficiencies, the cost comes down. Additionally, sales demand picks up with a price reduction, increasing profit.
    Feb 13 12:54 PM | 1 Like Like |Link to Comment
  • Apple (AAPL) is indeed thinking of selling an iWatch, both the NYT and WSJ report. Sources claim Apple is experimenting with iOS-based watches made of curved glass, and has discussed the matter with Foxconn. If an iWatch ever arrives, there's a good chance it will use Corning's (GLW) Willow Glass, which was created with bendable displays in mind. Former Apple UI designer Bruce Tognazzini recently predicted an iWatch will arrive, while providing a long list of apps/services it might support. [View news story]
    I originally thought the iWatch idea was bad, but after reading the article above, I'm impressed. Everyone should read the article before dismissing the concept. I don't wear a watch and never thought I would, but after reading this, I would consider it.

    I hate reaching in my pocket for my phone so having a watch that executes its functions would be nice. The fact that so many people don't wear watches today points to a huge market opportunity.
    Feb 10 05:40 PM | 1 Like Like |Link to Comment