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  • "Based on our checks for in-store pickup at 100 U.S. Apple retail locations over the past week, we believe [iPhone 5] supply remains extremely limited," writes Gene Munster. That leads him to cut his FQ4 (September quarter) iPhone (AAPL -0.7%) forecast to 25M units from a prior 27.2M. He's keeping his FQ1 target of 49M units unchanged, but cautions some of those sales could shift into FQ2 if supply constraints last for more than 3-4 weeks. (previous: I, II[View news story]
    Everything to date has been "it can't..." Can't reach 500B market cap. Can't reach 500, 600, 700. Then it does and people say, "but it can't go on".

    Why not?

    Why is AMZN (wildly non-innovative and generally poor profit generation) and GOOG (unbelievably fickle management and business model) valued at extremely high multiples, and AAPL not?

    The "over owned" story doesn't apply - AMZN and GOOG are also over owned, if so. Everybody owns it, needs to take profits, etc.

    Innovation? Tell me how AMZN innovates, or GOOG really (in a monetizable way) innovates.

    All these AAPL-bashers ignore their own negative arguments when it applies to these other 2 stocks that should be considered bubbles but are darlings of the street - and who knows why.

    It's frustrating. Nobody lines up to buy anything from AMZN or GOOG. In fact, I've never paid GOOG one penny for any service they ever offered, nor clicked on some useless "sponsored link". I think AMZN loses money on the things I buy from them, or at least has razor-thin margins. But, AAPL - exactly the opposite - is bashed?

    I also love the "ecosystem" argument (oh, we don't like the walled garden...). What was Windows all those years? MSFT and its monopoly?...

    Hard stock to own but I continue to do so (synthetically).
    Oct 7 06:41 AM | Likes Like |Link to Comment
  • "Based on our checks for in-store pickup at 100 U.S. Apple retail locations over the past week, we believe [iPhone 5] supply remains extremely limited," writes Gene Munster. That leads him to cut his FQ4 (September quarter) iPhone (AAPL -0.7%) forecast to 25M units from a prior 27.2M. He's keeping his FQ1 target of 49M units unchanged, but cautions some of those sales could shift into FQ2 if supply constraints last for more than 3-4 weeks. (previous: I, II[View news story]
    Could you tell me what fundamentals are changing? Fundies need to be earnings and multiples, not Maps or some other factor unrelated to the numbers. What is your earnings forecast for Q4 and Q1 2013 and what are your target prices? Fundamentals and day trading are two different things. What is your thesis? (Backed by numbers please).
    Oct 7 06:34 AM | Likes Like |Link to Comment
  • Apple: Time To Reduce Exposure And Take Profits [View article]
    Funniest reference - "Paris protests" - ha! People are lining up to work at Apple Stores, let alone protest at them - please, the Parisians and French will protest if the leaves change colors at the wrong time. Ever fly Air France or travel on SNCF?...
    Sep 27 12:28 PM | 1 Like Like |Link to Comment
  • Is Apple Stretched Or Just Stretching? [View article]
    I agree.

    I don't know where Jim Cramer - the master of emotional investing, the master of fads (remember "FADS CAN"?) - decides that GOOG is the better buy.

    I have never spent a dime on a GOOG product or service. I've used Gmail for almost 6 years and never once clicked on an ad or looked at one, even.

    I've searched countless times on the GOOG home page but never, ever click on the "sponsored results" or even consider them, knowing they're paid for and not likely to be useful to me.

    I can't see how GOOG, an advertising company, basically, is the better buy, considering how hard it is to monetize users (which they've not gotten from me directly).

    Android is a platform from which I understand they make literally no money at all, directly, from the software or its services. Unlike iOS.

    I've spent thousands of dollars on AAPL products and will do so in the future, assuming they're good.

    How is GOOG - in the fickle advertising business - the better buy now?

    Ridiculous Cramer. Wants AAPL at 660 so he can buy more I guess.
    Sep 27 11:21 AM | Likes Like |Link to Comment
  • Is Apple Stretched Or Just Stretching? [View article]
    I lived in Tokyo for almost 11 years. About 3 of those years I had an iPhone (3G, then 3GS).

    Nobody used Google Maps to find subway (metro) stations, bus stations, etc. Those are too clumsy given how complex the system is there.

    Third party apps were the choice almost always. Occasionally a Google Map zoomed far in would be useful to see where, say, an exit from a station would lead you on the street, but otherwise, not for routing and timings, etc. Better to use the Tokyo Metro app, or the JR apps that are much more accurate.

    Nobody in Tokyo cares about the issue, by the way, according to everyone I know there. It's not even really news there. That's not statistically significant but, it's what I hear.
    Sep 27 11:17 AM | 1 Like Like |Link to Comment
  • "If Steve Jobs were still alive, would the new map application on the iPhone 5 be such an unmitigated disaster?" asks Joe Nocera. It's a question many others are also asking, given the huge backlash to iOS 6 Maps. But to Nocera, a potentially bigger concern is that Jobs' absence will limit the risk-taking that drove Apple's (AAPL) meteoric rise. Joshua Topolsky: "The iPhone 5 is unquestionably the best iPhone ever made ... but right now Apple seems to be in a holding pattern, too comfortable or too scared to take real chances." (also: I, II[View news story]
    That wasn't an answer to my question, just yet another Nokia troll diatribe.
    Sep 25 01:44 AM | 2 Likes Like |Link to Comment
  • "If Steve Jobs were still alive, would the new map application on the iPhone 5 be such an unmitigated disaster?" asks Joe Nocera. It's a question many others are also asking, given the huge backlash to iOS 6 Maps. But to Nocera, a potentially bigger concern is that Jobs' absence will limit the risk-taking that drove Apple's (AAPL) meteoric rise. Joshua Topolsky: "The iPhone 5 is unquestionably the best iPhone ever made ... but right now Apple seems to be in a holding pattern, too comfortable or too scared to take real chances." (also: I, II[View news story]
    Why do so many people want turn-by-turn navigation on an iPhone? Don't most new cars have GPS built in, and add-ons like TomTom and Garmin are mostly in-hand by anyone who wants one? I would never let my phone be running Maps on 3G, sucking data like crazy, in a car on some stand on the dashboard. I also don't like the new Maps (the look and feel is too cheap, not nice and detailed street-wise like Google's, and Street View is useful before going somewhere to get an idea of what building, shop, etc. I want) but Maps won't be the decider for most, I would bet.

    Apple apps have some negative history - the recent Podcasts app is an awful app that had huge negative reviews (check the app store) and was clearly a work-in-progress, for one of the ecosystem's biggest draws - podcasts via iTunes.
    Sep 24 07:02 AM | Likes Like |Link to Comment
  • Apple: Important iPhone 5 Release Details We're Ignoring [View article]
    He's back? I guess TheStreet didn't pay enough. Oh well.

    New handle - interesting - I'd actually like to change mine to my name but don't see how. Anybody know how?
    Sep 17 10:51 AM | Likes Like |Link to Comment
  • Apple: One More Thing [View article]
    Wow - all this banter and navel gazing about specs, competitors, etc. while the rest of us were adding at 660 and making $35 off AAPL in 2 days.

    The phone will be a big hit no matter what your preference or affiliation. The preorder numbers validate that. Be a fan of whatever phone or platform you want, but trading and investing should be unemotional and rational. None of your (or my) armchair tech opinions matter here. None of us have even touched the new phone, let alone used it with the new features. Despite that it sold out in an hour by similar people who don't debate the Lumina or whatever versus AAPL.

    Are we here to make money or pontificate? You know my answer to that.
    Sep 16 09:12 PM | 2 Likes Like |Link to Comment
  • Apple: One More Thing [View article]
    Great call there on the 13th. What'd ya miss, like $25 of upside?

    Peaked indeed.
    Sep 16 08:54 PM | 1 Like Like |Link to Comment
  • Some more iPhone 5 features: A better rear camera sporting a sapphire lens cover and revamped image processing; a 1080p FaceTime camera; a smaller "lightning" dock connector; improved battery life and Wi-Fi performance; wideband audio playback; and 3 microphones to improve call quality (might be why ADNC was kicked out). Apple (AAPL +0.7%) is slightly higher. Suppliers are up moderately: OVTI +1.9%. CRUS +2.5%. BRCM +1.9%. SNDK +1.8%. (live blog) (more[View news story]
    Who says? I thought FB integration was total?...
    Sep 14 03:51 PM | Likes Like |Link to Comment
  • Some more iPhone 5 features: A better rear camera sporting a sapphire lens cover and revamped image processing; a 1080p FaceTime camera; a smaller "lightning" dock connector; improved battery life and Wi-Fi performance; wideband audio playback; and 3 microphones to improve call quality (might be why ADNC was kicked out). Apple (AAPL +0.7%) is slightly higher. Suppliers are up moderately: OVTI +1.9%. CRUS +2.5%. BRCM +1.9%. SNDK +1.8%. (live blog) (more[View news story]
    I think the tactile experience is half the game. Once held and used, it feels and looks far superior. I don't think we can judge until it's test driven. Kind of like sitting in a Hyundai in a showroom, then sitting in a new BMW 5-series or an E-class Mercedes. You can just feel which one is the better model.
    Sep 14 03:50 PM | Likes Like |Link to Comment
  • The iPhone 5 (AAPL -0.1%) is announced. It's 7.6mm thick and weighs just 112 grams - that makes it 18% thinner and 20% lighter than the iPhone 4S. As expected, it has a 4" retina display (still much smaller than many Android phones), A6 processor (said to be 2x faster than the A5), and 4G LTE support. Apple also boasts the new display delivers better image quality thanks to its use of in-cell touch panels. (live blog) (more[View news story]
    True. But while you were spending time writing that a day ago, I was busy making $30 per share on my AAPL position. I guess the competition is really affecting the way the street views AAPL's prospects isn't it.

    I just used a Samsung phone of my friend's in a restaurant we were dining in. Seriously, if that's the great "user experience" - light plasticky toy-like feeling dull yellowish screen tint with poor resolution - then I feel a lot better.

    Hyundai versus BMW, really.
    Sep 14 03:45 PM | Likes Like |Link to Comment
  • Some more iPhone 5 features: A better rear camera sporting a sapphire lens cover and revamped image processing; a 1080p FaceTime camera; a smaller "lightning" dock connector; improved battery life and Wi-Fi performance; wideband audio playback; and 3 microphones to improve call quality (might be why ADNC was kicked out). Apple (AAPL +0.7%) is slightly higher. Suppliers are up moderately: OVTI +1.9%. CRUS +2.5%. BRCM +1.9%. SNDK +1.8%. (live blog) (more[View news story]
    Sounds like the build quality and tactile feel, as well as optics, are excellent, and functions are nice improvements and tweaks that go in line with the AAPL philosophy of "it just works better" and gets out of the way of what you want to do. Oh wait - it's still just a big black rectangle though! Sell sell sell!!.....
    Sep 12 01:51 PM | 1 Like Like |Link to Comment
  • The iPhone 5 (AAPL -0.1%) is announced. It's 7.6mm thick and weighs just 112 grams - that makes it 18% thinner and 20% lighter than the iPhone 4S. As expected, it has a 4" retina display (still much smaller than many Android phones), A6 processor (said to be 2x faster than the A5), and 4G LTE support. Apple also boasts the new display delivers better image quality thanks to its use of in-cell touch panels. (live blog) (more[View news story]
    The fact that even last year when the "disappointment" with only an "evolutionary" product was all over the critic and blogosphere, they still sold a record number of millions of them. Same (and more) happens here. This is a trading and investment forum, not a tech or spec critic forum. Will it sell millions and make money for us on the stock when numbers come in? I think yes.
    Sep 12 01:50 PM | 6 Likes Like |Link to Comment
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313 Comments
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