The Bigger Picture Apple Investors Are Missing [View article]
Marshall buddy.Check the news this AM.One of the AAPL suppliers in China is increasing their staff by 40%(that's 40,000 people) anticipating a second half surge in sales.Stay current.
How Apple Let Its Shareholders Down [View article]
Keep your doubts lingering.That's what will make the stock go up.You do not realize the impact of buying back 12% of the outstanding shares.Barclay's has been the hardliner on AAPL from day one.They upped price target from 465 to 520 this AM.The rest of the sheep will follow for fear of looking stupid.
Apple Bonds Are Good For The Economy [View article]
It also doesn't hurt AAPL for being able to deduct the interest and using the proceeds to buy back stock with a dividend of@3% which is not deductible to the company.
What Tim Cook Must Do To Turn Apple Around [View article]
Short memory and ignoring the math.AAPL will shrink shares outstanding by 12-13%;having borrowed at a positive after tax spread.This has the potential to increase EPS by 16%.Even after dilution via option awards to employees the earnings should be magnified by 8-10%.The turnaround(if any was ever needed in the first place)has begun.
Time marches on.This will go down as one of the wisest business moves ever.Buy back stock and forego paying 3% on those shares.Oh,did I mention that dividends paid are not a deduction to the corporation.Borrow at extremely low rates and write off the interest.Result is a positive spread for AAPL.Borrowing rates ranged from .45% on the three year maturity(T+20 bps) to 3.85% for the thirty year maturity(T+100bps).Fin... bugs in that is nitpicking of the highest order.Life goes on,and so does AAPL.
Early chatter on the Apple (AAPL) debt offering has 3-year paper priced around 35 basis points over comparable-maturity Treasurys and 10-years priced 90-95 bps above (Microsoft priced at +70). The 3-year Treasury currently yields 0.31%. Borrowing at 0.66%, Apple can buy back shares yielding nearly 3% (with free cash flow yield far higher than that). [View news story]
Apple (AAPL +1.9%) has already received $40B+ worth of orders for a 6-part debt offering expected to price later today, Reuters reports, while adding the company is expected to issue at least $15B in debt. 3-year, 5-year, 10-year, 30-year, and floating-rate notes are said to be part of the package. Meanwhile, Jefferies' Peter Misek (hit-and-miss with his iDevice predictions) says a bigger iPhone will likely arrive in June '14. (bond yields) [View news story]
Analysts for the most part are sheep.Notice that out of nowhere we are getting these A-holes doing a quick about face due to this debt offering.Same company as two weeks ago at 390,but the sheep have turned.Baaa,Baaa,Baaa
As Apple (AAPL +2.5%) surges above $425, a French site leaks an apparent sales doc for Japanese carrier KDDI that states iPhone 5S pre-sales will start on June 20 (shortly after the WWDC conference) ahead of a July launch. The doc also claims the 5S will have a 13MP camera and fingerprint reader. It's possible the launch info is dated - there have been multiple reports the 5S launch has been pushed back to Aug./Sep. from July. Also: KGI Securities, which has a pretty good track record, reports new MacBook Pro/Air models will arrive at WWDC, and that display yield issues will likely push back retina iPad Mini mass-production to October. (S-3 filing) [View news story]
I frigging hate rumors and supposed leaks.When they don't pan out stockholders suffer.
Apple's Shareholder Program: The Day The Music Died [View article]
Figures don't lie,but liars can figure.As pointed out above,their cash is not gone.They are borrowing at a positive tax-advantaged spread;deducting the interest and eliminating paying dividends on the repurchased stock(dividends which are not tax deductible to the company).
Tim Cook's Improbable Victory In Washington [View article]
Apple Share Buyback - The Numbers Talk [View article]
Reflections On The Current State Of Apple [View article]
The Bigger Picture Apple Investors Are Missing [View article]
How Apple Let Its Shareholders Down [View article]
Apple Bonds Are Good For The Economy [View article]
What Tim Cook Must Do To Turn Apple Around [View article]
Shame On You, Apple [View article]
Apple: Massive Buyback Powers Shares After Hours [View article]
Early chatter on the Apple (AAPL) debt offering has 3-year paper priced around 35 basis points over comparable-maturity Treasurys and 10-years priced 90-95 bps above (Microsoft priced at +70). The 3-year Treasury currently yields 0.31%. Borrowing at 0.66%, Apple can buy back shares yielding nearly 3% (with free cash flow yield far higher than that). [View news story]
Apple (AAPL +1.9%) has already received $40B+ worth of orders for a 6-part debt offering expected to price later today, Reuters reports, while adding the company is expected to issue at least $15B in debt. 3-year, 5-year, 10-year, 30-year, and floating-rate notes are said to be part of the package. Meanwhile, Jefferies' Peter Misek (hit-and-miss with his iDevice predictions) says a bigger iPhone will likely arrive in June '14. (bond yields) [View news story]
As Apple (AAPL +2.5%) surges above $425, a French site leaks an apparent sales doc for Japanese carrier KDDI that states iPhone 5S pre-sales will start on June 20 (shortly after the WWDC conference) ahead of a July launch. The doc also claims the 5S will have a 13MP camera and fingerprint reader. It's possible the launch info is dated - there have been multiple reports the 5S launch has been pushed back to Aug./Sep. from July. Also: KGI Securities, which has a pretty good track record, reports new MacBook Pro/Air models will arrive at WWDC, and that display yield issues will likely push back retina iPad Mini mass-production to October. (S-3 filing) [View news story]
Apple's Shareholder Program: The Day The Music Died [View article]
Apple's Shareholder Program: The Day The Music Died [View article]
Apple: Massive Buyback Powers Shares After Hours [View article]