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  • AIG to Icahn: No thank you  [View news story]
    US taxpayers made a $22.7B profit on the AIG bailout
    Nov 3, 2015. 10:37 AM | 4 Likes Like |Link to Comment
  • Apple's New 64-Bit ARM A7 Chip Is Absolutely Amazing  [View article]
    Excellent analogy.

    I really don't understand this blind Apple bashing that has taken hold over the last 6-12 months. When you see/understand some of the engineering feats Apple has accomplished, it's nothing short of remarkable. I guess they're a victim of their own success. They strive to "abstract" away the technology to give the user a seamless experience. But then consumers don't realize how incredible the technology really is.
    Sep 18, 2013. 05:15 PM | 1 Like Like |Link to Comment
  • Switzerland And China Sign Free Trade Agreement: 4 Ways To Trade  [View article]
    Switzerland's refusal to join the EU was a good start.
    Jul 8, 2013. 07:53 PM | 1 Like Like |Link to Comment
  • Why Apple Will Repeat History And Plunge Into The Abyss: Time To Call It Quits  [View article]
    Why does everything have to be about market share? Take Apple laptops/desktops. They have 5% global share of personal computers, but 45% of operating profits. And this is an industry that has already been commoditized for the past 5-10 years. And now you're recommending Apple transforms itself into a modern day Dell, HP, Sony, Microsoft etc..?

    If there's any indication this type of myopic view is taking hold at Apple, then it's definitely time to hit doors on this stock. But until then, I applaud Apple for being able to sustainably differentiate itself from the competition.
    May 28, 2013. 03:10 PM | 21 Likes Like |Link to Comment
  • Shame On You, Apple  [View article]
    Apple is borrowing at 2.42% (10 yr issuance) and then using the money to buy back shares and retire them, saving 3% dividend. It's like printing free money...
    May 1, 2013. 12:53 PM | 17 Likes Like |Link to Comment
  • Goldman and Deutsche are "in the lead" to handle an Apple (AAPL +3.6%) debt offering, Bloomberg reports shortly after the company filed an S-3. Apple, which last week promised to return $100B to shareholders by the end of 2015, is said to have asked Goldman/Deutsche "to arrange phone interviews with fixed-income investors today in advance of a potential deal." Much like the Facebook IPO, banks are likely to offer discounted fees to win bragging rights. (institutional interest[View news story]
    Apple must be on the brink of bankruptcy. You read it here first folks!
    Apr 29, 2013. 04:36 PM | 1 Like Like |Link to Comment
  • The SNB holds policy steady with its benchmark rate still at 0-0.25%, and the CHF 1.20 floor for the euro to be enforced "with utmost determination." Pressure has come off the bank's need to defend the floor of late as the EU crisis fades (for now), and Credit Suisse (UBS rumors floating about as well) begins charging negative interest rates on deposits.  [View news story]
    You haven't given this much thought. People buy Swiss Francs because of the stability/safety. If since 2000 you had your net worth in Euros instead of Swiss Francs, then you'd have lost 25% of your fortune. If you had kept it all in US Dollars instead of Francs, you'd have lost 42% of your net worth. Negative interest rates don't seem too bad in this context, now do they?

    Also, the inflation rate is negative in Switzerland right now. So technically, the real interest rate will most likely end up positive anyway.
    Dec 13, 2012. 04:48 PM | Likes Like |Link to Comment
  • Interest in purchasing an iTV (AAPL) is more than twice the initial interest in buying an iPhone or iPad, says Morgan Stanley's Katy Huberty, with many consumers willing to pay a "meaningful premium." Success of the product, she says, could mean about $50B in revenue upside for Apple. Shares +0.5% premarket.  [View news story]
    I would love Apple to create an awesome product for my living room. Interacting with my Time Warner cable box is an absolutely miserable experience. However, as an AAPL shareholder my big concern with an iTV is the frequency that consumers will upgrade their device. With iPhones, iPads and iPods, consumers can reasonably upgrade every 1-3 years. However, with a big sticker item like a TV, I don't see them upgrading nearly as frequently. What is the iTV update cycle going to look like?
    Dec 11, 2012. 05:41 PM | Likes Like |Link to Comment
  • The iPhone 5 (AAPL) launch has once more made iOS the most popular smartphone platform in the U.S, but Europe is a different story. Kantar ComTech believes the iPhone's U.S. smartphone share for the 12 weeks ending Oct. 28 came in at 48.1% - that's up from the year-ago period's 22.4%, and slightly above Android's (GOOG) 46.7%. But in the EU5, the iPhone's share rose only 90 bps Y/Y to 21.2%, while Android's rose 1300 bps to 63.9%. Windows Phone had 4.7% of the EU5 , and 2.7% of the U.S., ahead of the WP8 launches. (previous[View news story]
    "Europeans are probably not as status driven as many in the rest of the world."

    This is far from the truth. Maybe compared to China. But certainty not the US.
    Nov 27, 2012. 05:01 PM | Likes Like |Link to Comment
  • Some nuggets from Apple's (AAPL) FY12 10-K: 1) Apple plans to open 30-35 retail stores in FY13, 3/4 of which will be outside the U.S. There are currently 390 Apple Stores worldwide, following the opening of 33 in FY12. 2) FY12 ad expenses totaled $1B, up a bit from FY11's $933M. 3) Apple's FY13 capex budget has been set at $10B. The company spent $8.3B on capex (on a cash basis) in FY12, after initially guiding for $8B.  [View news story]
    I bet designing a custom CPU doesn't come cheap...
    Nov 5, 2012. 01:30 PM | Likes Like |Link to Comment
  • Good hardware only goes so far when its app ecosystem is deficient: that's the common argument found in The Verge's reviews of Nokia's (NOK) flagship Lumia 920 and Google/Samsung's Nexus 10 tablet. The 920's display, design, and (with some qualifications) camera get high marks, and so do the 10's display (considered on par with the iPad), performance, and battery life. But with Windows Phone and (as far as tablets go) Android still badly trailing the competition in terms of app support, neither product gets a resounding endorsement. (WP8 review) (app efforts: I, II[View news story]
    Good point, but in my experience of having both an Android and an iPhone, if an app is available on both platforms then the app is likely (far) superior on the iPhone (Yelp, Bloomberg, Lync, Facebook to name a few examples). The Android platform is too fragment so it makes it hard for developers to deliver a consistent user experience that is enjoyable.
    Nov 5, 2012. 01:21 PM | 2 Likes Like |Link to Comment
  • Apple (AAPL) used legal loopholes and its Irish subsidiary to pay just $713M in overseas corporate tax in the year to Sep 30, or a mere 1.9% of its foreign profits of $36.8B, an analysis from the U.K.'s Sunday Times shows. The tax rate is down from 2.5% last year and well below the company tax rates of 35% in the U.S. and 24% in the U.K. In Britain, Apple is estimated to have avoided taxes of over $550M in 2011.  [View news story]
    If Apple can be taxed at 1.9% overseas, why would they repatriate the cash and take a 15% ding on it?
    Nov 5, 2012. 01:12 PM | Likes Like |Link to Comment
  • The iPad Mini (AAPL) is the best small-size tablet available, even if it's far from the cheapest. That's the consensus among reviewers, who frequently praise the device's build quality, thickness/weight, battery life, usefulness as an e-reader, and (of course) app support, as well as technology that rejects accidental touches caused by the Mini's small bezels. The Mini's display (lower resolution than Nexus 7 and Kindle Fire HD) and smaller keyboard receive a bit of criticism. (reviews: I, II, III, IV, V) (more[View news story]
    Because it is?
    Oct 31, 2012. 05:45 PM | Likes Like |Link to Comment
  • Sterne Agee's Shaw Wu does his best to defend Apple (AAPL -0.2%) in the face of its recent selloff. Supply chain checks indicate iPhone 5 demand remains strong and production appears to be improving, though Wu thinks lead times remain fixed at 3-4 weeks. He believes a consensus for 17M-18M FQ4 (Sep. quarter) iPad sales could prove high, but argues there could be upside to FQ1 estimates thanks to the iPad Mini. (Nomura[View news story]
    "Apple love comes from investors, no longer consumers"

    Oh....is that why consumers are buying iPhone 5s faster than Apple can manufacture them?
    Oct 9, 2012. 06:43 PM | Likes Like |Link to Comment
  • Businesses are unlikely to adopt Windows 8 (MSFT) in large numbers before next summer, says Dell (DELL) CFO Brian Gladden, as they wait for kinks to be ironed out. It's not uncommon for businesses to take a cautious approach to a new OS, but Gladden's remarks carry additional weight in light of Intel CEO Paul Otellini's rumored comments (later called "unsubstantiated" by Intel), and existing worries about poor enterprise Windows 8 adoption.  [View news story]
    Nice try Microsoft...
    Sep 27, 2012. 02:46 PM | Likes Like |Link to Comment