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  • Apple: Carl Icahn Gets It Mostly Right [View article]
    Let me complement your argument and compliment Icahn and Cook. His purchase and presence has helped Apple a lot imo. AAPL, as a traded stock, was a victim when Icahn first bought into it. He had dinners with Cook and, to his credit, Cook listened and that is when the changes began. Remember, he was saying things like, "we really don't care about the stock price so much as we do the quality of the products." I think Cook learned a lot about finances. His ability to listen and make changes helped put >100% in shareholders pockets without affecting quality one iota. Apple is much harder to manipulate now, too, imo. As I said back then, great financial engineering and electrical engineering are not mutually exclusive. Why not be great at both?
    May 20, 2015. 09:41 AM | 29 Likes Like |Link to Comment
  • Why Apple Won't Have A $1 Trillion Market Capitalization Any Time Soon [View article]
    Brian, as an author you can attach your comments to the people you are replying to...you don't have to append to the bottom. Great article and points imo.
    May 1, 2015. 02:19 PM | 3 Likes Like |Link to Comment
  • Why Apple Won't Have A $1 Trillion Market Capitalization Any Time Soon [View article]
    The talk back in 2012 was about $1000 on the stock. A lot of people thought it was just crazy and lampooned it. Well, that is just an equivalent of low $140s, which I think we will see soon. A trillion will be harder because the buyback reduces the market cap while the stock price increases, as the author pointed out.
    May 1, 2015. 12:09 PM | 7 Likes Like |Link to Comment
  • Apple: The Bull Comes Back [View article]
    Just think if Apple had come out with bigger screens three years ago! Android might be in the garbage bin with Blackberry.
    Apr 27, 2015. 05:14 PM | 2 Likes Like |Link to Comment
  • Apple: The Bull Comes Back [View article]
    Ernest, remember the value can go up or down extremely fast and the increase or loss goes to shareholders--that is how you make a profit. Apple doesn't have to raise the 225Bn to get the price to go up. They could halt Apple and it could open up at $155 tonight. It could go up or down 100Bn in the blink of an eye. Having said that, I doubt it will move to $170 this week!!
    Apr 27, 2015. 12:52 PM | 4 Likes Like |Link to Comment
  • Apple: The Bull Comes Back [View article]
    Sami, actually Apple is deeply discounted right now based on current fundamentals. They really don't need perfection; they simply need the same valuation as the NSDQ 100 to get to $170 this afternoon. That gives zero extra credit for cash.
    Apr 27, 2015. 12:07 PM | 7 Likes Like |Link to Comment
  • Apple: The Bull Comes Back [View article]
    Harm, the other point I usually check on is valuation. As of this AM (Friday's numbers), the forward PE estimate of the NSDQ 100 is 19.54. That would make Apple $170+ with the current earnings estimates and zero extra credit for cash, if it simply had the same valuation as the NSDQ 100 today! Apple is the value pick; Apple is the growth pick. The problem is disappointment, as Mr. Market stands ready to pounce on any apparent weakness. But, as you said, any weakness that isn't justified by horrible news is likely to be a buying opp. I would not underestimate the PR machine at Apple on the Watch. I would bet a lot that they will announce "incredible" sales that just "blew away" the various execs, even though they probably won't mention many, if any, actual numbers. That is investable, as are iPhone sales. Guidance will be key, obviously. I would not be surprised by the 140s on a strong report, nor would I be surprised by the 1+teens on any weakness. GLTA.
    Apr 27, 2015. 10:40 AM | 5 Likes Like |Link to Comment
  • Apple: A Small Change In Apple Maps, A Giant Leap Into Mobile Ads [View article]
    beefy, watch out for Apple TV rumors! We have earnings, news of watch sales (rumored to be way more than expected), dividend and buyback news, and WWDC coming one after another over the next few weeks! I think Apple TV could end up being bigger economically than the Watch. It depends on what Apple brings to the table...it could be another huge announcement! 150 is not off the table by summer, but certainly not 135-140, barring any negative surprises.
    Apr 15, 2015. 02:41 PM | 1 Like Like |Link to Comment
  • Apple: A Small Change In Apple Maps, A Giant Leap Into Mobile Ads [View article]
    Lest we all forget, something big has been telegraphed for WWDC in early June. Apple TV is going to take a giant leap in capability and has great potential to add significant revenue. Some of the most reliable Apple rumor sites are saying it is likely to happen. Even with an A8X, the Apple TV will be capable of everything the current box can do plus a whole lot more. TV programming, which people can watch on the go (most likely) on their iPad, along with Homekit, and gaming. I think it is going to be huge, and all accretive, in addition to the Watch. Apple hasn't rolled out a new product outside of Fall in years (except for Mac updates). This year is going to have a lot of new revenue--TV programming, Apple TVs, Watch, and who knows what else (mobile ads?). BTW, I agree the phone is selling like hotcakes, and the latest rumors are that they have another major update coming this Fall, skipping the S year we have come to know and love. GLTA.
    Apr 15, 2015. 02:17 PM | 5 Likes Like |Link to Comment
  • Apple And Wearable Devices: Moving From A Want To A Need By 2020 [View article]
    >>AAPL is an innovative company but I'm just not feeling the watch. Perpetually charging my watch sounds like a downer to me. I also don't find it attractive enough to wear on a regular basis. It looks clunky.<<

    Ptatty, I agree. You do have to put one on to feel it, but I got in to see it and I won't be buying one in this gen. I have a Mac, iPhone, and iPad, so I am a pretty good customer. But, there are a lot of people who collect watches and there are a lot of people who will buy anything Apple sells, so I expect the 1st gen Watch to be a commercial success. They aren't going to release the sales numbers, so we will just get "awesome," "incredible," and other descriptors for how sales are going. I bring this up for investment purposes. They likely had another blowout qtr on the phones, and it will overcome weak iPad sales. They have a new TV box coming in June, if the rumors are correct. All of this is against a backdrop of the last few years where Apple hasn't rolled *any* significant new products outside of the Fall timeframe. Apple is still a very strong buy until they disappoint on phone sales. This is all accretive, and Apple PR has control of the vertical and horizontal on what we hear about Watch sales! The news will be "incredible!" This is likely a nice dip to buy.
    Apr 13, 2015. 09:52 AM | 1 Like Like |Link to Comment
  • Apple Watch Pre-Order Sellout: Have The Pundits Underestimated Apple Again? [View article]
    Thx, Eric. I think we will see a lot more new products this year. The extra product categories will all be accretive, so it's all good for Apple stock.
    Apr 10, 2015. 06:38 PM | 3 Likes Like |Link to Comment
  • Apple Watch Pre-Order Sellout: Have The Pundits Underestimated Apple Again? [View article]
    That's funny, NYLA! I'm one of the perennial Apple bulls, here. You should get out more! I am objective, though, and not afraid to criticize weaknesses I see. I criticized Apple for being slow to bring little screens to iPad, way too slow to bring big screens to the iPhone, and also built in radios to laptops (like the iPad). They haven't come through with the last one yet, but like my recommendation on smaller iPads and bigger phones, they will sell like hotcakes! Radios on the watch will do wonders, too. Just for the record, I'm not negative on the long term prospects for the watch at all. I think it will be a great product down the road when they add more capability. Until then, I think the addressable market is very limited. In addition to standalone LTE and voice, GPS, sleep monitoring, better water proofing, and better battery life will happen in time, and these features will make the watch a must have product.
    Apr 10, 2015. 05:40 PM | 4 Likes Like |Link to Comment
  • Apple Watch Pre-Order Sellout: Have The Pundits Underestimated Apple Again? [View article]
    That was my point above. They are going to sell out and have waits whether they sell 1000 or 2 million. One analyst pointed out that it went to 4-6 weeks very quickly and it stayed there for a long time. The interpretation is that it is strictly supply limited, or as more people ordered it should have stretched out as the hours went by. They aren't even going to report sales in the quarterly and the numbers are insignificant, so all this talk about the watch is mostly wasted for investment purposes. The iPhone should have a good qtr and that is what matters. I'm a little worried about Macs and iPads, though.
    Apr 10, 2015. 04:01 PM | 7 Likes Like |Link to Comment
  • Apple Watch Pre-Order Sellout: Have The Pundits Underestimated Apple Again? [View article]
    There have been reports from credible outlets that Apple recently cut production in half, down to a little over a million per month. They can sell 10 million phones in a week; I guarantee you two things: the initial orders would go to 4-6 weeks no matter the demand, and they could produce 5 million a month if they thought they would sell. Also, there is a lot of fashion and Cult demand (people who will line up for anything Apple tells them they need). Demand in the summer will be the key. I expect it to be pretty tepid.
    Apr 10, 2015. 09:47 AM | 23 Likes Like |Link to Comment
  • Apple And Wearable Devices: Moving From A Want To A Need By 2020 [View article]
    It's coming, Arnie. Competitors already have it. I'm sure Apple will do it in the next couple of years, and perhaps next year. I don't see a connected watch taking share from the phone. What it will do is offer the opportunity to leave your phone in certain situations where it is cumbersome or you don't want to risk having it along (like sightseeing on vacation, going for a run or walk from your hotel room in a city, exercising, fishing, etc.)--the watch then begins to *solve problems* like the phone and iPad do now. Staying connected without the phone plus Apple pay will put it into the must have category. The battery may be the biggest hurdle, as radios will put a big demand on it. But, with the process wars going at full throttle, advances in capabilities will be huge in the next three years. Very interesting to watch.
    Apr 10, 2015. 09:02 AM | 4 Likes Like |Link to Comment
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