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dab3z

dab3z
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  • Apple (AAPL) has cut iPhone 5 component orders for calendar Q1 due to weaker-than-expected demand, sources tell the WSJ; display orders are said to be cut by ~50%. The Nikkei also claims display orders have been halved, albeit from an elevated level of 65M. The articles back up analyst reports of iPhone production and component order cuts, and raise the question of whether Apple needs a cheaper iPhone and/or one with a larger display to bolster its international share. Suppliers on watch: LPL, CRUS, OVTI, QCOM, BRCM, SWKS, TQNT, AVGO[View news story]
    A different screen size would probably get called a 6. Simply a different screen, but the same size, is going to get called a 5S.
    Jan 14 07:27 AM | 1 Like Like |Link to Comment
  • Apple's (AAPL) shares are -3.4% premarket following reports that the company has cut iPhone 5 component orders for calendar Q1 due to weaker-than-expected demand. That's possibly helping to depress sentiment on the stock-futures market, with the Nasdaq benchmark -0.4%. The Dow is flat and the S&P is +0.1%, while Europe remains mostly in the green. [View news story]
    Potential reasons for "supply cut":

    1. iPhone 5S orders are now being place, with production being shifted.
    2. Blowout Q1, with supply actually meeting demand for once, and Apple is simply doing due diligence by reducing orders.
    3. The world is ending.
    4. Numbers are being exaggerated and/or only certain suppliers are seeing cuts. Maybe Apple wasn't happy with what they were producing and have shifted supply elsewhere.
    5. China Mobile deal was assumed for Q2, didn't happen, and now cuts are being made.

    It's absolutely insane to trade this way on unsubstantiated claims.
    Jan 14 07:11 AM | 6 Likes Like |Link to Comment
  • Deutsche's U.S. team follows up on an overnight note from the firm's Japanese unit about iPhone production cuts by declaring Apple's (AAPL -2%) stock "has digested this supply chain issue and likely has lower unit production already priced in." Notable Calls is encouraged by this due to the track record of the analyst in question (presumably Chris Whitmore). Apple has bounced a little off its session lows. Cirrus Logic (CRUS -3.8%) and Skyworks (SWKS -2.9%) are faring worse. [View news story]
    Japanese DB team releases a note saying order cuts in PM.

    US DB team releases a note saying order cuts issue digested after coming off the LOD.

    Yeah, that's not manipulation. /sarcasm

    1. Short stock
    2. Release negative note
    3. Cover shorts. Go long stock.
    4. Release positive note saying negative rumor has been fully digested.

    Total BS.
    Jan 4 01:08 PM | 3 Likes Like |Link to Comment
  • Apple (AAPL) -1% after Deutsche's Japanese team writes supply chain activity suggests a 30%+ Q/Q drop in iPhone 5 production for the March quarter. UBS, Jefferies, and others have already cautioned iPhone production is set to fall sharply this quarter, thus some bad news on this front appears to be baked in. CRUS -1.2%[View news story]
    There aren't further details because they don't exist. This same story played out last year too.

    1Q12 was going to be underwhelming. There were cuts to 2Q12 orders.

    Blah blah blah. We all know how that turned out.

    -The iPhone 5 sets record first day sales numbers across the globe,
    -Has a record rollout in over 100 countries before the end of Q4,
    -50M iOS and Android devices are activated over Christmas week,
    -The iPad mini is a booming success

    Yet all that is forgotten with one report, which may or may not be correct, and may or may not be interpreted correctly.

    Good luck ever getting retail money back in the market when stocks are traded in this fashion.
    Jan 4 11:19 AM | 2 Likes Like |Link to Comment
  • The Real Reasons Why Apple Is Tanking [View article]
    But, but, but one day Amazon will control the consumer universe and they will hike prices and they will make lots of money!!!

    That's seriously the argument that Amazon bulls have. I hate the way Amazon is traded. But I love Amazon as a consumer.
    Dec 5 08:19 PM | Likes Like |Link to Comment
  • Apple (AAPL -3.6%) has sold off in early trading, apparently on news clearing firms are raising their margin requirements for positions due to fears of being too heavily concentrated in the $526B company. One firm, COR Clearing, raised its margin requirement to 60% from 30%. [View news story]
    $100B? They should be bringing in $500B. That's the only way I'd buy.

    /sarcasm
    Dec 5 01:14 PM | Likes Like |Link to Comment
  • Apple (AAPL -3.6%) has sold off in early trading, apparently on news clearing firms are raising their margin requirements for positions due to fears of being too heavily concentrated in the $526B company. One firm, COR Clearing, raised its margin requirement to 60% from 30%. [View news story]
    Guess I should have qualified that better. I was looking for rational explanations. My fault. I agree with most of what you wrote, except for the run up to 700. It was an overshoot, just like 644 was.
    Dec 5 12:02 PM | 1 Like Like |Link to Comment
  • Apple (AAPL -3.6%) has sold off in early trading, apparently on news clearing firms are raising their margin requirements for positions due to fears of being too heavily concentrated in the $526B company. One firm, COR Clearing, raised its margin requirement to 60% from 30%. [View news story]
    Show me the innovation that other companies are coming up with. Apple revolutionized the portable music player, the smartphone and the tablet. Everyone else is just hopping on the ship that Apple built.

    Google Glass? Please. Even if I wanted to use it I couldn't since I wear glasses.
    Dec 5 12:00 PM | 4 Likes Like |Link to Comment
  • Apple (AAPL -3.6%) has sold off in early trading, apparently on news clearing firms are raising their margin requirements for positions due to fears of being too heavily concentrated in the $526B company. One firm, COR Clearing, raised its margin requirement to 60% from 30%. [View news story]
    Rationalize it for me then. I can't wait to hear why a 10% jump/dip in a $500B+ market cap stock over a day and a half is reasonable trading.
    Dec 5 11:01 AM | 5 Likes Like |Link to Comment
  • Apple (AAPL -3.6%) has sold off in early trading, apparently on news clearing firms are raising their margin requirements for positions due to fears of being too heavily concentrated in the $526B company. One firm, COR Clearing, raised its margin requirement to 60% from 30%. [View news story]
    Just one thing after another to deal with for AAPL. The volatility going both ways since July has been absurd. No reason to run all the way up to 705. No reason to run all the way down to 505. No reason to have a 10% bounce off 505 in less than a day and a half of trading. No reason to trim off almost 10% from 594 in a day of trading.

    If every stock traded like this, you'd never have any retail investors in the market. And that's not a good thing.
    Dec 5 10:41 AM | 15 Likes Like |Link to Comment
  • Apple Poised For A Strong December [View article]
    I prefer increasing the buy back over a special dividend. Let's go beyond just balancing out the stock being issued to executives. It will be a better use of that cash in the long and short term.
    Nov 29 09:50 AM | Likes Like |Link to Comment
  • Apple (AAPL) has fired the manager behind the mapping software which put a cloud over the iPhone 5 release, reports Bloomberg. Maps manager Richard Williamson was let go by Senior VP Eddy Cue, who recently was put in charge of Maps and Siri amidst a management shakeup that saw the departure of iOS chief Scott Forstall. [View news story]
    I was misdirected once using Maps. And I'll take that one error over not having navigation with Google Maps on iOS.
    Nov 27 08:14 PM | Likes Like |Link to Comment
  • The iPhone 5's supply constraints may be diminishing, but the iPad Mini's are another matter. Apple (AAPL) still shows 2-week shipping times for the Mini, and Digitimes reports low yields for AU Optronics' (AUO) LCD panels could lead to only 6M Minis being shipped in calendar Q4, below Apple's target of 10M. Also, a Chinese paper claims Apple requested AU halt panel shipments due to a high defect rate. LG Display (LPL) is said to be taking up a greater share of Mini panel shipments due to AU's issues, but is also reportedly having trouble meeting demand for next-gen iMac panels. [View news story]
    But the mini is low margin and doesn't matter.

    Gosh. Now I'm starting to sound like an AMZN bull. I win no matter what happens!
    Nov 27 08:42 AM | Likes Like |Link to Comment
  • Apple (AAPL +3.2%) roundup: 1) iPhone 5 shipping times have dropped to just 1 week after falling to 2 weeks a few days ago. 2) Apple has bought the trademark for "Lightning" from Harley-Davidson (HOG). 3) Apple, which has made clear its interest in lowering its dependence on Samsung, has reportedly dropped Samsung as an iPad/MacBook battery supplier in favor of Chinese firms Amperex and Tianjin Lishen. [View news story]
    Blah blah blah. Same old tired argument.

    It's demand and supply coming to an equilibrium. We go over this with every damn product.
    Nov 26 05:37 PM | Likes Like |Link to Comment
  • Evidence continues to pile up that iOS (AAPL) users are much more lucrative (on average) to developers and advertisers than Android (GOOG) users. IBM estimates the iPhone and iPad accounted for 18.5% of Black Friday online shopping traffic, and Android devices just 5.5%. Other studies have already shown iOS accounting for a disproportionate share of ad sales, app download revenue, and (thanks in large part to the iPad) Web traffic. This is a headache for Google, since it has to make search ad revenue-sharing payments for Mobile Safari traffic. [View news story]
    It's the hardware and software. Android isn't winning market share because of phones like the Galaxy. It's winning market share with phones like the HTC Hero, which don't provide the easy web browsing experience that the iPhone or Galaxy does.

    I can use my iPhone to shop because it's convenient, easy and takes maybe slightly more time than it would take on my computer. I'm sure Galaxy users can say the same. But Hero owners? Doubtful. And it's 100s of millions of Android phones like the Hero that are driving sales.
    Nov 26 01:00 PM | 1 Like Like |Link to Comment
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