Murphy Mac's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/160819/comments http://seekingalpha.com/article/952251/comments?source=feed#comment-10912091 10912091
Stan -

It's just an adjustment. Apple provides guidance, the market reacts. We know they tend to sandbag and that gives the analysts a chance to come up with something more realistic.
In theory the price has risen more than it would have based on Apple's guidance, so when they miss the higher estimates the analysts provided the stock adjusts again.
Ideally, a stock constantly adjusts like this to the latest news. With aapl there are accusations of manipulation, but that's another story...]]> Thu, 25 Oct 2012 18:44:00 -0400
Stan -

It's just an adjustment. Apple provides guidance, the market reacts. We know they tend to sandbag and that gives the analysts a chance to come up with something more realistic.
In theory the price has risen more than it would have based on Apple's guidance, so when they miss the higher estimates the analysts provided the stock adjusts again.
Ideally, a stock constantly adjusts like this to the latest news. With aapl there are accusations of manipulation, but that's another story...]]> http://seekingalpha.com/article/597411/comments?source=feed#comment-5548401 5548401
Do you really expect people to consider investment advice from a spammer?]]> Thu, 17 May 2012 16:20:44 -0400
Do you really expect people to consider investment advice from a spammer?]]> http://seekingalpha.com/article/516541/comments?source=feed#comment-4661101 4661101 Sun, 22 Apr 2012 11:37:50 -0400 http://seekingalpha.com/article/479381/comments?source=feed#comment-4189411 4189411
I thought THIS quarter would be quiet, and woke up to the reality of what was happening around 475. I had sold calls against actual shares and ended up buying calls further out at a lower strike to save my skin and my shares. Always good to have cash on hand when trading options.

If the guidance meets the street's expectations I think we'll hold on to whatever gains we have from the April earnings report, and then coast or melt up a little as we head for that first dividend payment.]]> Thu, 05 Apr 2012 18:18:35 -0400
I thought THIS quarter would be quiet, and woke up to the reality of what was happening around 475. I had sold calls against actual shares and ended up buying calls further out at a lower strike to save my skin and my shares. Always good to have cash on hand when trading options.

If the guidance meets the street's expectations I think we'll hold on to whatever gains we have from the April earnings report, and then coast or melt up a little as we head for that first dividend payment.]]> http://seekingalpha.com/article/473591/comments?source=feed#comment-4071961 4071961
But placing those bullets in with the story about an app rejection doesn't match up. In a nutshell you wrote tons of words about how aapl doesn't care about kids, and then at the very end said, "Oh yeah, I have also been getting anecdotal evidence that a lot of uninformed money has been buying AAPL with leverage...blah blah blah."

Most of the people who read articles here would be a LOT more interested in what your "anecdotal evidence" is - and they could care less about the app rejection. Apps like this one getting rejected is not that interesting. Let me know if Word and Excel get rejected.

See you on the other side of 700. By the way, I could care less if it's "uninformed money" that puts us over that small hurdle.]]> Mon, 02 Apr 2012 17:27:36 -0400
But placing those bullets in with the story about an app rejection doesn't match up. In a nutshell you wrote tons of words about how aapl doesn't care about kids, and then at the very end said, "Oh yeah, I have also been getting anecdotal evidence that a lot of uninformed money has been buying AAPL with leverage...blah blah blah."

Most of the people who read articles here would be a LOT more interested in what your "anecdotal evidence" is - and they could care less about the app rejection. Apps like this one getting rejected is not that interesting. Let me know if Word and Excel get rejected.

See you on the other side of 700. By the way, I could care less if it's "uninformed money" that puts us over that small hurdle.]]> http://seekingalpha.com/article/420681/comments?source=feed#comment-3297281 3297281 Thu, 08 Mar 2012 13:39:41 -0500 http://seekingalpha.com/article/411731/comments?source=feed#comment-3199381 3199381 Mon, 05 Mar 2012 18:09:38 -0500 http://seekingalpha.com/article/410321/comments?source=feed#comment-3189491 3189491 I don't understand writing sensible articles and then lowering yourself to comment troll tactics. Responding to abusive comments with abusive comments puts you in the same bin with them. Who is going to heed their advice, or yours when you're all lumped together?
When it comes to comments the high road is the only way to go. It takes a great deal of self-control, but it's worth it in the end.]]> Mon, 05 Mar 2012 13:39:40 -0500 I don't understand writing sensible articles and then lowering yourself to comment troll tactics. Responding to abusive comments with abusive comments puts you in the same bin with them. Who is going to heed their advice, or yours when you're all lumped together?
When it comes to comments the high road is the only way to go. It takes a great deal of self-control, but it's worth it in the end.]]> http://seekingalpha.com/article/410321/comments?source=feed#comment-3179191 3179191 Mon, 05 Mar 2012 09:32:20 -0500 http://seekingalpha.com/article/383851/comments?source=feed#comment-2876381 2876381 Thu, 23 Feb 2012 16:15:38 -0500 http://seekingalpha.com/article/319445/comments?source=feed#comment-2175949 2175949
Before the iPhone and the iPad we all knew what was coming next: The iPhone and the iPad. Both have exceeded my expectations on many fronts.

I don't know what's next from here. I suppose the TV is coming but I don't expect it to be the screaming disruption that the iPhone and iPad are.

For me to stay long I need to have get a glimpse into what's next.]]> Sun, 15 Jan 2012 12:58:51 -0500
Before the iPhone and the iPad we all knew what was coming next: The iPhone and the iPad. Both have exceeded my expectations on many fronts.

I don't know what's next from here. I suppose the TV is coming but I don't expect it to be the screaming disruption that the iPhone and iPad are.

For me to stay long I need to have get a glimpse into what's next.]]> http://seekingalpha.com/article/319445/comments?source=feed#comment-2175931 2175931

Date City Country Venue
15 August 1965 New York City United States Shea Stadium
17 August 1965 Toronto Canada Maple Leaf Gardens
18 August 1965 Atlanta United States Atlanta Stadium
19 August 1965 Houston Sam Houston Coliseum
20 August 1965 Chicago Comiskey Park
21 August 1965 Bloomington Metropolitan Stadium
22 August 1965 Portland Memorial Coliseum
28 August 1965 San Diego Balboa Stadium
29 August 1965 Los Angeles Hollywood Bowl
30 August 1965
31 August 1965 Daly City Cow Palace]]> Sun, 15 Jan 2012 12:54:09 -0500

Date City Country Venue
15 August 1965 New York City United States Shea Stadium
17 August 1965 Toronto Canada Maple Leaf Gardens
18 August 1965 Atlanta United States Atlanta Stadium
19 August 1965 Houston Sam Houston Coliseum
20 August 1965 Chicago Comiskey Park
21 August 1965 Bloomington Metropolitan Stadium
22 August 1965 Portland Memorial Coliseum
28 August 1965 San Diego Balboa Stadium
29 August 1965 Los Angeles Hollywood Bowl
30 August 1965
31 August 1965 Daly City Cow Palace]]> http://seekingalpha.com/article/309306/comments?source=feed#comment-2054099 2054099 I've seen this comment from you a few times. I've often wondered the same thing about what's next. We all knew the tablet was coming. And now that we have it...

But I'm not ready to bail out yet. I look at things like the tiny market share and the report today comparing the number of carriers the iPhone is on compared to Blackberry and I think there's still room for substantial growth.

The Mac marketshare isn't growing as fast as I expected a year or two ago, but I expect at some point it will snowball. People are fed up with Windows and the barriers that once complicated switching platforms are largely gone.

There are only a few stores in China and at best handfuls in European countries. Expansion should drive more growth. iPhone upgrade cycles should get bigger and bigger.

As you've said before, I don't see TV as the opportunity that the iPad was. I don't know what's next - I don't even know what else I want product-wise.

But I think the next couple years are covered for growth. Someone posted recently, maybe you, about how the rate of change of the rate of growth is the driving factor now. Maybe. But between the things I mentioned already and opportunities in China and India that are still largely untapped I see substantial growth ahead.

Not sure where I'm going. I guess I agree with you on one level (the "what's next?" question )but I don't think it's time for the P/E to be where it is yet, especially with the cash in hand. In other words, I see aapl hitting 500 before it hits 300. I'll be taking a really hard look at the earnings report in January to figure out my next move.
For now I'm still long with outright shares and option positions.]]> Mon, 21 Nov 2011 15:29:55 -0500 I've seen this comment from you a few times. I've often wondered the same thing about what's next. We all knew the tablet was coming. And now that we have it...

But I'm not ready to bail out yet. I look at things like the tiny market share and the report today comparing the number of carriers the iPhone is on compared to Blackberry and I think there's still room for substantial growth.

The Mac marketshare isn't growing as fast as I expected a year or two ago, but I expect at some point it will snowball. People are fed up with Windows and the barriers that once complicated switching platforms are largely gone.

There are only a few stores in China and at best handfuls in European countries. Expansion should drive more growth. iPhone upgrade cycles should get bigger and bigger.

As you've said before, I don't see TV as the opportunity that the iPad was. I don't know what's next - I don't even know what else I want product-wise.

But I think the next couple years are covered for growth. Someone posted recently, maybe you, about how the rate of change of the rate of growth is the driving factor now. Maybe. But between the things I mentioned already and opportunities in China and India that are still largely untapped I see substantial growth ahead.

Not sure where I'm going. I guess I agree with you on one level (the "what's next?" question )but I don't think it's time for the P/E to be where it is yet, especially with the cash in hand. In other words, I see aapl hitting 500 before it hits 300. I'll be taking a really hard look at the earnings report in January to figure out my next move.
For now I'm still long with outright shares and option positions.]]> http://seekingalpha.com/article/304686/comments?source=feed#comment-2018451 2018451
I bought on the way up. Think about the people who bought 410s only a week or two earlier with aapl at $356. They probably could have bought a bunch of contracts with the money in their wallet.]]> Fri, 04 Nov 2011 21:27:53 -0400
I bought on the way up. Think about the people who bought 410s only a week or two earlier with aapl at $356. They probably could have bought a bunch of contracts with the money in their wallet.]]> http://seekingalpha.com/article/300257/comments?source=feed#comment-1980289 1980289 Tue, 18 Oct 2011 11:05:51 -0400 http://seekingalpha.com/article/298671/comments?source=feed#comment-1965503 1965503
Don't get me wrong, Android is good enough for PLENTY of people, including my neighbor. But specs aren't everything. And while battery life might not sound sexy it's critically important to tons of people.

It would be hard to convince me that Android has as good a user experience as iOS.

She was also surprised to find out it wouldn't sync her music with iTunes.]]> Mon, 10 Oct 2011 15:36:38 -0400
Don't get me wrong, Android is good enough for PLENTY of people, including my neighbor. But specs aren't everything. And while battery life might not sound sexy it's critically important to tons of people.

It would be hard to convince me that Android has as good a user experience as iOS.

She was also surprised to find out it wouldn't sync her music with iTunes.]]> http://seekingalpha.com/article/298260/comments?source=feed#comment-1960868 1960868
So when it does get executed at expiration you could end up buying shares that are trading FAR below the strike price you set. That IS getting in at a price you accepted -like you said - but it's not necessarily desirable.]]> Fri, 07 Oct 2011 20:41:00 -0400
So when it does get executed at expiration you could end up buying shares that are trading FAR below the strike price you set. That IS getting in at a price you accepted -like you said - but it's not necessarily desirable.]]> http://seekingalpha.com/article/291485/comments?source=feed#comment-1953537 1953537
Thanks.]]> Tue, 04 Oct 2011 21:22:38 -0400
Thanks.]]> http://seekingalpha.com/article/296370/comments?source=feed#comment-1947236 1947236
Events like this often send the stock down afterwards, and that may be the case after the 4S is introduced. But I'd expect a decent recovery as the launch buzz gets going and runs right into the October 21 earnings release. Part of the "no new form factor" drop has already happened.

Greece, etc could hold it back - but if Europe continues to limp along I think aapl will retest the recent highs some time in November. By then everyone will have regained their senses and remembered that the iPhone 4 was flying off the shelves, and so will the iPhone 4S heading into Christmas.

Combined with iPad and growing Mac sales aapl is heading for more record quarters. That's what moves the stock these days, not the product introduction events.]]> Sat, 01 Oct 2011 22:26:01 -0400
Events like this often send the stock down afterwards, and that may be the case after the 4S is introduced. But I'd expect a decent recovery as the launch buzz gets going and runs right into the October 21 earnings release. Part of the "no new form factor" drop has already happened.

Greece, etc could hold it back - but if Europe continues to limp along I think aapl will retest the recent highs some time in November. By then everyone will have regained their senses and remembered that the iPhone 4 was flying off the shelves, and so will the iPhone 4S heading into Christmas.

Combined with iPad and growing Mac sales aapl is heading for more record quarters. That's what moves the stock these days, not the product introduction events.]]> http://seekingalpha.com/article/296370/comments?source=feed#comment-1942394 1942394
Your strategic thinking isn't passe - but I think more and more investors are being drawn to options trading as many have been burnt by "buy and hold" over the last 10-15 years.]]> Thu, 29 Sep 2011 15:02:36 -0400
Your strategic thinking isn't passe - but I think more and more investors are being drawn to options trading as many have been burnt by "buy and hold" over the last 10-15 years.]]> http://seekingalpha.com/article/296370/comments?source=feed#comment-1942361 1942361 Thu, 29 Sep 2011 14:55:25 -0400 http://seekingalpha.com/article/296370/comments?source=feed#comment-1940528 1940528 Wed, 28 Sep 2011 21:16:01 -0400 http://seekingalpha.com/article/296370/comments?source=feed#comment-1940379 1940379
It seems superficial, but I expect a sell-off if the iPhone 5 looks physically the same as the iPhone 4. And I'm thinking it will.

I'd like to be buying the same options Jason was talking about. But I don't want to hold them for long because I expect to see another one of those 300 point drops in the Dow any day now because of Greece. October 21 could come way too soon.

I've been thinking about waiting for that dip after the iPhone is revealed. But even then the Greece thing is still out there. Ultimately I might end up sitting out the entire holiday quarter because of Greece, which kills me.]]> Wed, 28 Sep 2011 19:35:19 -0400
It seems superficial, but I expect a sell-off if the iPhone 5 looks physically the same as the iPhone 4. And I'm thinking it will.

I'd like to be buying the same options Jason was talking about. But I don't want to hold them for long because I expect to see another one of those 300 point drops in the Dow any day now because of Greece. October 21 could come way too soon.

I've been thinking about waiting for that dip after the iPhone is revealed. But even then the Greece thing is still out there. Ultimately I might end up sitting out the entire holiday quarter because of Greece, which kills me.]]> http://seekingalpha.com/article/295000/comments?source=feed#comment-1922643 1922643
I was actually in with ITM aapl calls and have closed them out.

The charts from the 2009 and 2010 holiday quarters for aapl show you could be right, although I'd probably be shopping for calls closer to the money. The 2008 holiday quarter chart is pretty scary.

What are your thoughts about opening a spread with the short leg in the money? Too conservative?]]> Wed, 21 Sep 2011 10:06:32 -0400
I was actually in with ITM aapl calls and have closed them out.

The charts from the 2009 and 2010 holiday quarters for aapl show you could be right, although I'd probably be shopping for calls closer to the money. The 2008 holiday quarter chart is pretty scary.

What are your thoughts about opening a spread with the short leg in the money? Too conservative?]]> http://seekingalpha.com/article/294436/comments?source=feed#comment-1917946 1917946
I compare the p/e with Amazon and some other companies and think the opposite. What am I missing?]]> Mon, 19 Sep 2011 14:24:29 -0400
I compare the p/e with Amazon and some other companies and think the opposite. What am I missing?]]> http://seekingalpha.com/article/291788/comments?source=feed#comment-1890202 1890202
I found it to be a perfectly acceptable phone for someone like me. Meaning I wouldn't be too upset if it were my phone. Physically it wasn't as nice as my iPhone 4, but it was thin and had a nice display.

I have no doubt that the 4 buttons at the bottom of the screen added to the learning curve and her confusion using the phone. It's hard to overestimate the appeal of the single button at the bottom of the iPhone screen for exit an app. For those who aren't fascinated by technology this makes the phone incredibly more approachable.

The downside was the interface. There were multiple icons for things like mail that my neighbor found confusing. The keyboard was cluttered with too many buttons and too many options. Sure, geeks like options - but regular people like simplicity - which is where Apple's expertise shines. Can anyone really argue with that?

The phone will probably serve her well. But I kept thinking she'd find the iPhone easier to operate. It's more polished. Buying apps, while not as "open" as Google's offering, is simple. The interface on the iPhone is notably more consistent and user-friendly. Sure - that's just my opinion. But I consider it a rather well-informed opinion from someone who's been immersed in computer technology for a long time.]]> Wed, 07 Sep 2011 11:32:35 -0400
I found it to be a perfectly acceptable phone for someone like me. Meaning I wouldn't be too upset if it were my phone. Physically it wasn't as nice as my iPhone 4, but it was thin and had a nice display.

I have no doubt that the 4 buttons at the bottom of the screen added to the learning curve and her confusion using the phone. It's hard to overestimate the appeal of the single button at the bottom of the iPhone screen for exit an app. For those who aren't fascinated by technology this makes the phone incredibly more approachable.

The downside was the interface. There were multiple icons for things like mail that my neighbor found confusing. The keyboard was cluttered with too many buttons and too many options. Sure, geeks like options - but regular people like simplicity - which is where Apple's expertise shines. Can anyone really argue with that?

The phone will probably serve her well. But I kept thinking she'd find the iPhone easier to operate. It's more polished. Buying apps, while not as "open" as Google's offering, is simple. The interface on the iPhone is notably more consistent and user-friendly. Sure - that's just my opinion. But I consider it a rather well-informed opinion from someone who's been immersed in computer technology for a long time.]]> http://seekingalpha.com/article/291788/comments?source=feed#comment-1890165 1890165
The Flash thing only bothers me when I'm looking up a web site for something like a restaurant and the entire site is Flash. It seems for a number of years tons of restaurants had their sites developed in Flash. You can bet they had no idea what that meant.

Not sure why the iPhone and iPad get such a bad rap for not supporting Flash though. Like others have said there are few mobile devices that run it and I know of none that run it well. There's no denying that Flash is buggy everywhere, I'll glad to see it go.]]> Wed, 07 Sep 2011 11:22:17 -0400
The Flash thing only bothers me when I'm looking up a web site for something like a restaurant and the entire site is Flash. It seems for a number of years tons of restaurants had their sites developed in Flash. You can bet they had no idea what that meant.

Not sure why the iPhone and iPad get such a bad rap for not supporting Flash though. Like others have said there are few mobile devices that run it and I know of none that run it well. There's no denying that Flash is buggy everywhere, I'll glad to see it go.]]> http://seekingalpha.com/article/291923/comments?source=feed#comment-1888561 1888561
Comparing a PC to an iPad and saying the PC is more functional is what got the PC makers into the mess they're in.]]> Tue, 06 Sep 2011 18:49:07 -0400
Comparing a PC to an iPad and saying the PC is more functional is what got the PC makers into the mess they're in.]]> http://seekingalpha.com/article/290692/comments?source=feed#comment-1872451 1872451 Tue, 30 Aug 2011 19:33:00 -0400 http://seekingalpha.com/article/290049/comments?source=feed#comment-1862625 1862625
Your arguments about similar devices should sound familiar to you: There were plenty of similar MP3 players as late as 2006. Nobody bought them.

You didn't really make an argument about antitrust either - proprietary doesn't mean monopoly and it certainly doesn't mean monopoly abuse. What specifically should Apple be concerned with regarding antitrust?

I hope you keep us posted if you go short. You might be right, but not for the reasons presented here.]]> Fri, 26 Aug 2011 11:15:19 -0400
Your arguments about similar devices should sound familiar to you: There were plenty of similar MP3 players as late as 2006. Nobody bought them.

You didn't really make an argument about antitrust either - proprietary doesn't mean monopoly and it certainly doesn't mean monopoly abuse. What specifically should Apple be concerned with regarding antitrust?

I hope you keep us posted if you go short. You might be right, but not for the reasons presented here.]]>