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CraigPowell

CraigPowell
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  • Thanksgiving, Black Friday sales edge up [View news story]
    May be the bad weather made it also lower?
    Dec 1 11:38 AM | 1 Like Like |Link to Comment
  • Apple (AAPL) is aggressively hiring workers and looking to "acqui-hire" startups for its iWatch design/engineering efforts, the FT reports. However, sources add the timing of the hires suggests the device won't be ready until 2H14. Many think the recent hiring of Yves Saint Laurent CEO Paul Deneve to work on "special projects" was at least partly made with the iWatch in mind. If/when it arrives, the product will target a $60B industry with an estimated 60% gross margin. [View news story]
    @ Keep it Simple,
    Thanks, my mistake (took $1 billion instead of 60)
    Nice week!
    Jul 15 10:00 AM | Likes Like |Link to Comment
  • Apple (AAPL) is aggressively hiring workers and looking to "acqui-hire" startups for its iWatch design/engineering efforts, the FT reports. However, sources add the timing of the hires suggests the device won't be ready until 2H14. Many think the recent hiring of Yves Saint Laurent CEO Paul Deneve to work on "special projects" was at least partly made with the iWatch in mind. If/when it arrives, the product will target a $60B industry with an estimated 60% gross margin. [View news story]
    $ 60 billion industry?
    If the price of iWatch will be ~$300, 3.5 millions iWatch's make it $60 billion.
    Is it underestimation?
    Jul 15 08:20 AM | Likes Like |Link to Comment
  • Apple (AAPL) is aggressively hiring workers and looking to "acqui-hire" startups for its iWatch design/engineering efforts, the FT reports. However, sources add the timing of the hires suggests the device won't be ready until 2H14. Many think the recent hiring of Yves Saint Laurent CEO Paul Deneve to work on "special projects" was at least partly made with the iWatch in mind. If/when it arrives, the product will target a $60B industry with an estimated 60% gross margin. [View news story]
    @kimboslice,
    Agree with you, see a good piece on: "What makes Apple so extraordinary": http://bit.ly/1anbG3Y
    Good week to all!
    Jul 15 03:53 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Please check Craig Powell's comment to Jonathan Burton piece( take 30 sec to wait)
    Jul 11 08:17 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "Global equity and commodities markets have rallied following Ben Bernanke's comments".
    Is it a surprise? Not for me, I wrote about it 9 days before:
    http://bit.ly/13nwqrY
    Jul 11 07:38 AM | Likes Like |Link to Comment
  • The rush out of fixed income in June was so bad it left Vanguard with its first net outflows since 1994. Investors pulled $9.7B out of Vanguard bond funds, $100M more than the $9.6B entering stock and money market funds. The $110B Vanguard Total Bond Market Index Fund (ETF version: BND) fell 1.64% in June, bringing the YTD loss to just over 3%. [View news story]
    The “Great Rotation” from bonds to stocks is well underway. It happened faster than anyone could have predicted:
    http://bit.ly/1715YCQ
    Jul 9 11:56 PM | Likes Like |Link to Comment
  • Apple (AAPL -1.1%) is cutting iPhone build orders by 20% thanks to "slowing demand for high-end handsets globally," says Wedge Partners' Brian Blair; he now expects 2H builds of 90M-100M vs. a prior 115M-120M. Blair's comments come two weeks after Jefferies' Peter Misek reported of elevated channel inventories and FQ3 (June quarter) build order cuts, and Oppenheimer's Ittai Kidron cut his FQ3 and FQ4 estimates thanks to "mixed" iPhone 5 sales checks. FQ3 results arrive on July 23. (Samsung forecast) (Citi on high-end phones[View news story]
    @jmok322,
    There were very few AAPL buying opportunities in the last year:
    http://bit.ly/159Bqxp
    Jul 9 03:11 AM | Likes Like |Link to Comment
  • China Solar Companies: 'We Can Survive' [View article]
    "LDK is slowly being taken over by an opportunistic buyer."
    To collect more LDK shares any opportunistic buyer will be interested in low shares price, after the take over we will see very different LDK shares price range.
    Jul 7 07:42 AM | 1 Like Like |Link to Comment
  • "A big part of Samsung's (SSNLF.PK) problem, in one chart," tweets Benedict Evans about a graphic showing Baidu's Android page view share by OEM. While Samsung's share fell slightly from Dec. '11 to Sep. '12, and the share of other top-6 OEMs collectively declined steeply, the share of "Other" OEMs doubled to ~40%. This happened while Chinese Android sales skyrocketed. Smartphone sales have shifted heavily to cheap emerging markets hardware, with much of it coming from second-tier and white-label OEMs. Samsung isn't fully immune, not when rivals can offer the same OS and core services. Apple (AAPL) can offer a differentiated OS, but is that enough to maintain growth while protecting unmatched ASPs and margins? (Samsung Q2[View news story]
    In addition to the Smartphones Apple and Samsung need SmartEngineers.
    The biggest problem that Apple faces, and almost nobody is talking about, is the threat of Apple losing its really talented employees.
    The problem is that Apple is bleeding talent, and it would be devastating to the company.
    http://bit.ly/1d1TpZs
    Jul 6 06:26 AM | Likes Like |Link to Comment
  • Market recap: Stocks pulled back from the day's highs but stayed positive, as some investors bought new positions to re-establish themselves after the Dow finished its strongest H1 since 1999. Trading was quiet to open the holiday week, but there's plenty of economic data ahead, including Friday's jobs report. Improved U.S. manufacturing and rising Japan corporate sentiment also lifted commodities; Treasurys ended mixed. [View news story]
    Market watch: Why U.S. stocks could be 24% higher next July http://bit.ly/13nwqrY
    Jul 2 04:09 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Time to sell AAPL was last September, time to buy AAPL still not come.
    Good Morning!
    Jul 1 08:52 AM | 3 Likes Like |Link to Comment
  • The WSJ is the latest in a long line of news sources to report Apple (AAPL) is moving some app processor production to TSMC (TSM) from Samsung (SSNLF.PK). Like Digitimes recently, the WSJ reports TSMC will start mass-producing an Apple CPU that uses its next-gen 20nm process in early 2014. Other details: 1) Though Apple wants to be less dependent on Samsung, the company will still be Apple's main app processor foundry in 2014, and continues to supply memory chips and iPad LCDs (previous). 2) The move to TSMC has been slowed by "glitches" preventing TSMC's chips from meeting Apple's speed/power needs. 3) Apple offered to invest in TSMC or pay for dedicated capacity, but (in-line with a 2012 Bloomberg report) TSMC rejected the offers in the name of staying independent. (previous[View news story]
    What is the whole story?
    Jun 30 08:09 AM | 2 Likes Like |Link to Comment
  • Why I Own Gold [View article]
    We also own some gold in our family:
    I bought for my wife a fine golden bracelet weighing of about 5 ounces 24 karat gold in 2001, at gold price of $290 per ounce.
    She still owns it.
    Jun 26 02:27 PM | 13 Likes Like |Link to Comment
  • As if gold mining stocks aren't facing enough headwinds today (I, II), Credit Suisse downgrades Barrick Gold (ABX -6.4%) to Neutral from Outperform with a $20 target, saying ABX needs to provide clarity on the path for Pascua and for handling asset sales and its financial leverage. Also downgraded to Neutral at CS: Silver Wheaton (SLW -5.3%), Pan American Silver (PAAS -1.9%). [View news story]
    Like all asset-price surges that are divorced from the fundamentals of supply and demand,the gold bubble is deflating.
    This gold direction to the south, was accurately predicted 9 months ago: http://tinyurl.com/pbg...
    Jun 26 02:04 PM | 2 Likes Like |Link to Comment
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96 Comments
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