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  • Amazon.com: Here's How Much Drone Deliveries Would Cost Per Delivery [View article]
    "But from the perspective of saving labor, it's just hard for me to image a truck could put every good at doorstep."

    It's difficult to imagine a drone doing it for the millions of people who live in apartments. I live on the third floor in an open apartment building; the space in the staircase (from floor to roof) is about 12 feet high. Is the drone going to fly through the opening, detect whether or not there's a person standing there (at which point it would idle and wait?), and then come to my doorstep to deliver my package? What if my neighbor's dog runs up as it's flying two feet off the ground to drop off the package?

    This isn't a small issue: data from NMHC estimates that roughly 35 million renters live in structures with 5+ units (likely to be multiple stories):

    http://bit.ly/1K94yKm

    I think drone delivery is a long, long way from being feasible - let alone being cost effective or accepted by society...
    Apr 23, 2015. 10:33 AM | 8 Likes Like |Link to Comment
  • IBM: The Box Closes In [View article]
    Here's something to support his statement:

    http://bloom.bg/1yWg1fj

    "IBM Canada Ltd. has been named Canada's Most Attractive Employer, taking home this year's coveted Randstad Award. Randstad Canada, the country's leading staffing, recruitment and HR services company, awarded IBM with the sought after title of Canada's Most Attractive Employer at the Randstad Award ceremony held at the Glenn Gould Studio in Toronto. The world's largest IT and consulting services company was selected as part of an independent survey of 9,516 workers and job seekers between the ages of 18 - 65. One hundred and fifty-two of Canada's largest companies were ranked, and IBM was voted number one in salary & employee benefits, career progression opportunities, training and long-term security."
    Apr 23, 2015. 08:13 AM | 3 Likes Like |Link to Comment
  • IBM: The Box Closes In [View article]
    "Pay is not great, raises are paltry, the tech is not industry leading, and there are no perks left."

    Would you mind pointing to some data? Does IBM pay less for top quality talent than Google, Microsoft, Accenture, etc? I've yet to see that research - and would be very happy to see it if it exists; please let us know.
    Apr 22, 2015. 10:43 AM | Likes Like |Link to Comment
  • IBM: The Box Closes In [View article]
    "A visionary leader would probably have better things to do with the company's money other than hand it to you."

    Was Steve Jobs a visionary leader? How about Satya Nadella? Or the fellas at Google? What are those companies doing with the tens of billions on their balance sheet?
    Apr 21, 2015. 11:13 AM | 2 Likes Like |Link to Comment
  • IBM: The Box Closes In [View article]
    "But the essence of technology leadership is to have a technology leader at the helm with the power to build a vision."

    So your issue really has nothing to do with their buybacks / repurchases? Said differently, if they had "technology leadership" and the buyback / repurchase plan was identical to what it is currently, you would give it two thumbs up?
    Apr 21, 2015. 10:51 AM | Likes Like |Link to Comment
  • IBM: The Box Closes In [View article]
    "This was a $104 billion sales company just a few years ago. For 2015 it may bring in $80 billion."

    Don't bother mentioning the billions in divestitures - not important.

    Or that gross and net margins continue to march higher - that wouldn't fit the "circling the drain" thesis.

    As for "extraction", Q1 repurchase spend was down nearly 90% from the year ago first quarter. It was equal to roughly 40% of income from continuing operations for the quarter - lower than the ratios for Apple, Oracle, and Accenture in 2014, to name a few companies.
    Apr 21, 2015. 10:40 AM | 6 Likes Like |Link to Comment
  • DuPont beats on profit, misses on revenue [View news story]
    Well that was quick, though the guidance cut was largely currency driven:

    "Estimated negative currency impact in 2015 increased to approximately $0.80 per share, up from the $0.60 per share we previously communicated; Company now expects to be at the low end of the previously communicated outlook range of $4.00-$4.20 operating earnings per share, including Performance Chemicals segment."

    So backing out the twenty cents (assuming "low end" means $4.00), that would imply the prior guide should've been $4.20 instead of the $4.10 midpoint; of course if I missed my numbers as frequently as this management team has, I'd build in a dime or more of cover too...
    Apr 21, 2015. 07:54 AM | Likes Like |Link to Comment
  • International Business Machines beats by $0.09, misses on revenue [View news story]
    IBM spent $1.17 billion on repurchases in Q1 - down 86% from the year ago first quarter.

    Said differently, it was equal to roughly 40% of income from continuing operations for the quarter - lower than the ratios for Apple, Oracle, and Accenture in 2014, to name a few companies.
    Apr 20, 2015. 04:37 PM | 1 Like Like |Link to Comment
  • Mattel +7.6% after Q1 sales beat expectations [View news story]
    I was on the sidelines until today, but made the switch for four reasons: (1) Barbie POS improvements, (2) surprise at FP plus optimistic talk on the call, (3) strong LatAm and APAC results, and (4) dividend commentary.
    Apr 17, 2015. 02:44 PM | Likes Like |Link to Comment
  • Mattel +7.6% after Q1 sales beat expectations [View news story]
    "I'm thinking Mega is where the revenue growth was."

    Exactly - wasn't in the year ago period, so entire $40M from MEGA was "growth". If you back out the acquisition, constant currency revenues were roughly flat from the year ago period (suggesting POS was still positive).
    Apr 17, 2015. 09:01 AM | Likes Like |Link to Comment
  • Mattel +7.6% after Q1 sales beat expectations [View news story]
    "Mattel (NASDAQ:MAT) reports Q1 revenue rose 5% in constant currency before F/X swings impacted sales growth by 7 percentage points."

    And before accounting for the $40M of revenue attributable to MEGA in the current year - though they conveniently forgot to mention that...

    Good results (strong POS data), but there are few things I hate more than when management is not forthright about the financials; in this case, it looks like they did all they could to avoid mentioning the impact of MEGA sales in the release.
    Apr 16, 2015. 04:23 PM | 1 Like Like |Link to Comment
  • Microsoft, Yahoo restructure search pact; no PC/mobile exclusivity [View news story]
    Bing crosses 20% for the first time after picking up 0.3% for the month; the large gain seems odd relative to historic moves, but nice to see Bing over 20% - finally!
    Apr 16, 2015. 09:51 AM | 5 Likes Like |Link to Comment
  • Amazon launches new cloud storage and machine learning services [View news story]
    Perfect - thank you Eric
    Apr 10, 2015. 10:08 AM | Likes Like |Link to Comment
  • Amazon launches new cloud storage and machine learning services [View news story]
    "Amazon, widely seen as having a feature set lead over cloud infrastructure rivals..."

    Eric - Would you mind pointing me to a link / source for that comment? I don't know much about this (haven't read it anywhere that I can remember) and would like to learn more - thanks!
    Apr 10, 2015. 09:17 AM | Likes Like |Link to Comment
  • Game Time: Mattel First Quarter Earnings Are Coming Up [View article]
    Does that mean you've sold some MAT, or is it something else (falling price, options expiring, etc)?
    Apr 10, 2015. 06:35 AM | 1 Like Like |Link to Comment
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