Apple (AAPL +2.6%) commanded 57% of smartphone profits in Q1, and Samsung (SSNLF.PK) 43%, estimates Canaccord's Mike Walkley. All other OEMs collectively broke even, after having lost money last year. Apple's profit share is down from 2012's 69%, and Samsung's up from 2012's 34% - chalk those changes up to Samsung's share gains and Apple's gross margin decline. Walkley also writes Samsung's Galaxy S4 is off to a strong start (in spite of some reports of overheating), that checks indicate U.S. BlackBerry Z10 (BBRY +0.7%) sales are soft, and that U.K. Q10 supplies have been limited. [View news story]
The cycle turns. Apple's (AAPL) price target is upped to $525 from $465 by Barclays' Ben Reitzes, who maintains his Buy on the stock. Reitzes is no doubt a fan of the capital return plan after he got onboard months ago with the Einhorn idea of significantly bumping the dividend/buyback without touching overseas cash. Shares +1% premarket. [View news story]
No big surprise. We all knew this was going to happen. GO APPLE!
Barron's is out with its list of the 500 financially strongest companies as ranked after a rigorous cash and sales analysis. A quick filter on the list shows a good chunk of the names trade with a single-digit price to earnings ratio including Goodyear Tire & Rubber (GT). Despite all the buzz about booming auto sales in the U.S. and China, concerns about growth for Goodyear's products in other regions of the globe have lowered expectations. But with auto sale estimates for full-year being taken higher, Goodyear could see enough consistent revenue growth to justify a higher trading multiple. (Top 25: AAPL, WCC, WDC, DVA, CHRW, QCOM, JOY, V, STX, MRC, MA, CVI, COF, SYMC, MCK, WCG, ETN, BRCM, TMO, CI, CBI, NOV, WNR, HFC, DK) [View news story]
It allows four times the negative comments about Apple coming is as the strongest company in America, financially speaking.
Barron's is out with its list of the 500 financially strongest companies as ranked after a rigorous cash and sales analysis. A quick filter on the list shows a good chunk of the names trade with a single-digit price to earnings ratio including Goodyear Tire & Rubber (GT). Despite all the buzz about booming auto sales in the U.S. and China, concerns about growth for Goodyear's products in other regions of the globe have lowered expectations. But with auto sale estimates for full-year being taken higher, Goodyear could see enough consistent revenue growth to justify a higher trading multiple. (Top 25: AAPL, WCC, WDC, DVA, CHRW, QCOM, JOY, V, STX, MRC, MA, CVI, COF, SYMC, MCK, WCG, ETN, BRCM, TMO, CI, CBI, NOV, WNR, HFC, DK) [View news story]
Verizon's (VZ +3.4%) 4M iPhone activations represented a 25% Y/Y increase, and 56% of total smartphone activations. For the second quarter in a row, the iPhone 5 made up about half of activations. But in spite of Verizon's numbers and a bullish JPMorgan note, Apple (AAPL -1.7%) has fallen below $400. With a major divergence having opened up between the iPhone's U.S. and international performance, the Street may have begun discounting the implications of Verizon/AT&T/Sprint sales for global results. [View news story]
"iRadio is coming. There's no doubt about it," a music industry source tells The Verge's Greg Sandoval. After months of tough negotiations with studios, Apple (AAPL) is said to be aiming for a summer launch. The company's reported plan to limit the service to Apple hardware stands to affect its popularity with customers who listen to music on both Apple and non-Apple gear. Sandoval adds the music industry has "a love-hate relationship" with Pandora (P), believing (in spite of Pandora's gripes about royalty rates) it "chokes off demand" for more profitable services. [View news story]
The DoD will place an order for 650K iOS (AAPL) devices - 210K iPhones, 120K iPads, 100K iPad Minis, and 200K iPod touches - following the end of the sequester, Electronista reports. The iOS gear will reportedly be used to replace BlackBerrys (BBRY) - the DoD currently has 470K in operation - and would come ahead of the planned implementation of a "platform agnostic" device policy in Feb. 2014. Electronista previously reported the DoD had largely ended BB10 testing due to budget cuts. [View news story]
Isn't there some holding tank where we can put these pesky Samsung fans? Someplace in...say Korea?
The DoD will place an order for 650K iOS (AAPL) devices - 210K iPhones, 120K iPads, 100K iPad Minis, and 200K iPod touches - following the end of the sequester, Electronista reports. The iOS gear will reportedly be used to replace BlackBerrys (BBRY) - the DoD currently has 470K in operation - and would come ahead of the planned implementation of a "platform agnostic" device policy in Feb. 2014. Electronista previously reported the DoD had largely ended BB10 testing due to budget cuts. [View news story]
Go cry to Boehner.
This administration knows quality when they see it.
Apple (AAPL +1.7%) rallies as the Street takes the launch of Samsung's (SSNLF.PK) Galaxy S IV, which has an impressive spec sheet but has seen mixed early reviews, in stride. Apple's sell-side fans are circling the wagons, with Gene Munster comparing the S IV to an 'S' iPhone launch. Nomura is less sanguine: noting the popularity of bigger displays and stating its checks indicate a bigger iPhone won't arrive in 2013, it thinks Samsung could overtake Apple in high-end smartphone shipments this year on the back of 35M-40M S IV and Note sales per quarter. [View news story]
Ah, yes, it's the American way. Build 'em up and tear 'em down. I sense Maria Barffaromo and the CNBC buffoons crafting the AAPL comeback story soon. After they get the green light from above...
More on Apple: KGI Securities' Ming-Chi Kuo, who has been pretty accurate with his iScoops, has become the latest to predict a cheaper iPhone is arriving this year. He claims the device will have a 4" display and rely on a "super-thin plastic casing mixed with glass fiber." Foxconn and Jabil (JBL) are among the companies reportedly contracted to make the phone. Sterne Agee's Shaw Wu, who has cut his PT to $630 from $715 on signs of iPhone build order cuts, also expects a less costly iPhone made of "composite material casing." (plastic iPhone patent) [View news story]
Apple (AAPL +2.6%) commanded 57% of smartphone profits in Q1, and Samsung (SSNLF.PK) 43%, estimates Canaccord's Mike Walkley. All other OEMs collectively broke even, after having lost money last year. Apple's profit share is down from 2012's 69%, and Samsung's up from 2012's 34% - chalk those changes up to Samsung's share gains and Apple's gross margin decline. Walkley also writes Samsung's Galaxy S4 is off to a strong start (in spite of some reports of overheating), that checks indicate U.S. BlackBerry Z10 (BBRY +0.7%) sales are soft, and that U.K. Q10 supplies have been limited. [View news story]
The cycle turns. Apple's (AAPL) price target is upped to $525 from $465 by Barclays' Ben Reitzes, who maintains his Buy on the stock. Reitzes is no doubt a fan of the capital return plan after he got onboard months ago with the Einhorn idea of significantly bumping the dividend/buyback without touching overseas cash. Shares +1% premarket. [View news story]
Barron's is out with its list of the 500 financially strongest companies as ranked after a rigorous cash and sales analysis. A quick filter on the list shows a good chunk of the names trade with a single-digit price to earnings ratio including Goodyear Tire & Rubber (GT). Despite all the buzz about booming auto sales in the U.S. and China, concerns about growth for Goodyear's products in other regions of the globe have lowered expectations. But with auto sale estimates for full-year being taken higher, Goodyear could see enough consistent revenue growth to justify a higher trading multiple. (Top 25: AAPL, WCC, WDC, DVA, CHRW, QCOM, JOY, V, STX, MRC, MA, CVI, COF, SYMC, MCK, WCG, ETN, BRCM, TMO, CI, CBI, NOV, WNR, HFC, DK) [View news story]
Barron's is out with its list of the 500 financially strongest companies as ranked after a rigorous cash and sales analysis. A quick filter on the list shows a good chunk of the names trade with a single-digit price to earnings ratio including Goodyear Tire & Rubber (GT). Despite all the buzz about booming auto sales in the U.S. and China, concerns about growth for Goodyear's products in other regions of the globe have lowered expectations. But with auto sale estimates for full-year being taken higher, Goodyear could see enough consistent revenue growth to justify a higher trading multiple. (Top 25: AAPL, WCC, WDC, DVA, CHRW, QCOM, JOY, V, STX, MRC, MA, CVI, COF, SYMC, MCK, WCG, ETN, BRCM, TMO, CI, CBI, NOV, WNR, HFC, DK) [View news story]
Apple $395: Time To Give Up And Abandon Ship? [View article]
Verizon's (VZ +3.4%) 4M iPhone activations represented a 25% Y/Y increase, and 56% of total smartphone activations. For the second quarter in a row, the iPhone 5 made up about half of activations. But in spite of Verizon's numbers and a bullish JPMorgan note, Apple (AAPL -1.7%) has fallen below $400. With a major divergence having opened up between the iPhone's U.S. and international performance, the Street may have begun discounting the implications of Verizon/AT&T/Sprint sales for global results. [View news story]
"iRadio is coming. There's no doubt about it," a music industry source tells The Verge's Greg Sandoval. After months of tough negotiations with studios, Apple (AAPL) is said to be aiming for a summer launch. The company's reported plan to limit the service to Apple hardware stands to affect its popularity with customers who listen to music on both Apple and non-Apple gear. Sandoval adds the music industry has "a love-hate relationship" with Pandora (P), believing (in spite of Pandora's gripes about royalty rates) it "chokes off demand" for more profitable services. [View news story]
The DoD will place an order for 650K iOS (AAPL) devices - 210K iPhones, 120K iPads, 100K iPad Minis, and 200K iPod touches - following the end of the sequester, Electronista reports. The iOS gear will reportedly be used to replace BlackBerrys (BBRY) - the DoD currently has 470K in operation - and would come ahead of the planned implementation of a "platform agnostic" device policy in Feb. 2014. Electronista previously reported the DoD had largely ended BB10 testing due to budget cuts. [View news story]
The DoD will place an order for 650K iOS (AAPL) devices - 210K iPhones, 120K iPads, 100K iPad Minis, and 200K iPod touches - following the end of the sequester, Electronista reports. The iOS gear will reportedly be used to replace BlackBerrys (BBRY) - the DoD currently has 470K in operation - and would come ahead of the planned implementation of a "platform agnostic" device policy in Feb. 2014. Electronista previously reported the DoD had largely ended BB10 testing due to budget cuts. [View news story]
This administration knows quality when they see it.
Meet The Latest Threat To Apple: The Samsung Galaxy S4 [View article]
Can't Apple just buy BBRY and lock up the corporate market?
Apple (AAPL +1.7%) rallies as the Street takes the launch of Samsung's (SSNLF.PK) Galaxy S IV, which has an impressive spec sheet but has seen mixed early reviews, in stride. Apple's sell-side fans are circling the wagons, with Gene Munster comparing the S IV to an 'S' iPhone launch. Nomura is less sanguine: noting the popularity of bigger displays and stating its checks indicate a bigger iPhone won't arrive in 2013, it thinks Samsung could overtake Apple in high-end smartphone shipments this year on the back of 35M-40M S IV and Note sales per quarter. [View news story]
I sense Maria Barffaromo and the CNBC buffoons crafting the AAPL comeback story soon. After they get the green light from above...
Why Apple Rose On Samsung's Big Day [View article]
Apple Is Normal Again: #2 In The SPY ETF And No Longer A Stand-Alone Asset Class [View article]
Samsung Galaxy S4: A Gift To Apple Shareholders [View article]
More on Apple: KGI Securities' Ming-Chi Kuo, who has been pretty accurate with his iScoops, has become the latest to predict a cheaper iPhone is arriving this year. He claims the device will have a 4" display and rely on a "super-thin plastic casing mixed with glass fiber." Foxconn and Jabil (JBL) are among the companies reportedly contracted to make the phone. Sterne Agee's Shaw Wu, who has cut his PT to $630 from $715 on signs of iPhone build order cuts, also expects a less costly iPhone made of "composite material casing." (plastic iPhone patent) [View news story]