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  • How AmazonFresh fits into the Amazon equation [View news story]
    It amazes me that these investment firms keep raising their price targets for Amazon without any concern what so ever with the fact that Amazon is not earning significant money and seems unable to earn significant money. They only care about increasing revenue even though the huge increases in revenue Amazon has demonstrated since 2010 have been accompanied by huge decreases in earnings and actual losses. Why should a new revenue stream from Amazon Fresh be any different? Why not wait to see if Amazon Fresh will be a money maker before raising Amazon's price target? It could be another revenue builder/money loser for all we know and that would further deteriorate Amazon's already pathetic <1% net margin.
    Dec 17, 2013. 11:10 AM | 1 Like Like |Link to Comment
  • 3 Good Economic Reasons To Favor Today [View article]
    ReligiousWacko, thanks for the link, excellent article. Amazon once had a huge advantage because of "showrooming" at Best Buy and other stores. Now that Best Buy, Wal-Mart, and other retailers are price matching Amazon has lost that advantage.
    Dec 17, 2013. 10:49 AM | Likes Like |Link to Comment
  • 3 Good Economic Reasons To Favor Today [View article]
    ReligousWacko, these same "analysts" predicted that Amazon would earn over $5 in 2012, Amazon lost money that year. They also predicted Amazon would earn over $7 in 2013, looks like Amazon will be lucky to earn 7 cents. Based on this track record I believe the $2.67 estimate for 2014 is about as likely as Jeff Bezos growing a full head of hair before Christmas.
    Dec 16, 2013. 10:47 AM | 2 Likes Like |Link to Comment
  • Amazon: A Retailer Valued Like A Tech Company [View article]
    pendolino, after "with only their own products" you should add the following:

    "and huge profits in contrast to Amazon's lack of profits".
    Dec 10, 2013. 11:00 AM | 1 Like Like |Link to Comment
  • Amazon: A Retailer Valued Like A Tech Company [View article]
    Kelvin, I provided a comment on another article recently that shows just how crazy Amazon's valuation is. Amazon at a valuation of $170 billion is about half of Google's $350 billion valuation and about one third of Apple's $500 billion. Google and Apple make money hand over fist and have huge piles of cash, Amazon has no profits and little cash. What sane person with $170 billion to spend would buy Amazon as opposed to buying one third of Apple or one half of Google?
    Dec 9, 2013. 03:22 PM | 2 Likes Like |Link to Comment
  • Apple Would-Be Shorts: Bide Your Time, Apple's Run Will Be Over Soon Enough [View article]
    rrose39, I agree. That would be an interesting read.
    Dec 4, 2013. 10:37 AM | Likes Like |Link to Comment
  • Amazon planning to deliver products using drones [View news story]
    The FAA will never approve them and local communities will never approve them. The obvious dangers include landing on people, pets, and cars and kids getting sliced up trying to catch them. No way is this ever going to get off the ground.
    Dec 1, 2013. 11:06 PM | Likes Like |Link to Comment
  • More from Amazon's 15 minutes on 60 Minutes [View news story]
    The drones have got to be a joke. The FAA will never approve them and local communities would never approve them. I'm sure I'm not the only person that can foresee the dangers posed by these things like landing on people, pets, or cars or kids getting sliced up trying to catch them. Not gonna happen
    Dec 1, 2013. 11:00 PM | 2 Likes Like |Link to Comment
  • Apple Would-Be Shorts: Bide Your Time, Apple's Run Will Be Over Soon Enough [View article]
    Michael, I believe you and Kimmel underestimate many Apple customers. There are some like jsweiter that have been Apple customers for many years and have stuck with Apple not because it's "cool" but because of their satisfaction with the Apple experience. There are many others, myself included, who are fairly recent converts to Apple. I was an Apple skeptic until 2008 when I finally got fed up with Microsoft and bought an iMac. I'm now a full blown Apple customer having bought iPhones, iPads, and a new fusion drive iMac. Not because of coolness, because of quality and the user experience. I'll never go back to Microsoft and I'll never move to Android and I'm not alone. My loyalty and that of many other customers has nothing to do with cultist behavior, it has everything to do with satisfaction with the quality of Apple's products, the user experience, and Apple's great customer support. Quality, the user experience, and excellent customer support are the company's core values. Every company has it's ups and downs, and some day Apple may swoon, but I believe that day is nowhere in sight. As long as Apple stays true to it's core values it will continue to acquire new customers that are converts from other companies and it will succeed as a great consumer company and a great investment. Happy Thanksgiving.
    Nov 28, 2013. 12:00 PM | 16 Likes Like |Link to Comment
  • I Concede Defeat In [View article]
    DeepValueLover, I second your emotion. In 2010 "analysts" (I use the term loosely) predicted that Amazon would earn over $5 in 2012 and over $7 in 2013. Amazon ended up losing money in 2012 and will be lucky to make a few pennies in 2013. Analysts keep coming up with these bogus future earnings projections for Amazon and when they don't come true they just keep on trucking and make up even bigger future earnings numbers that won't come true. And the beat (miss would be more appropriate) goes on :)
    Nov 24, 2013. 11:00 AM | 1 Like Like |Link to Comment
  • Is Apple's iPhone Losing The Smartphone War? [View article]
    NYC Trader, excellent article, I especially like your assessment of "segments". This whole issue of smart phone market share is wildly distorted because the vast majority of Android phones are "junk" phones in the extreme low end of the market, while Apples iPhones are in the high end. Using a car analogy, in the auto industry market share comparisons are made by segment. For example, Porsche does not compete with Toyota, it competes with Mercedes and Jaguar. So Mercedes and Jaguar sales/market share direction is pertinent to Porsche, but Toyota sales/market share is not. Toyota sales/market share is pertinent to Honda and Ford since they are in the same segment. Similarly, if you break out the smart phone market by segment-low end, mid range-and high end sales/market share and comparisons would be more meaningful than trying to lump all smart phones together in a single category. This isn't rocket science but it appears that "analysts" either aren't smart enough to figure this out or have an agenda to distort the real picture.
    Nov 22, 2013. 11:17 AM | 1 Like Like |Link to Comment
  • Apple: A Premium Brand Generating Premium Earnings For Investors [View article]
    Mr. Matt, the following quote is from the link you provided above ( I think it's pretty clear:

    "Among smartphone users that switched brands, Apple took three times as many customers from Samsung (33%) than the latter took from Apple (11%). As it turned out, Samsung took most of its new customers from HTC, Nokia and Motorola. Apple took most of its new customers from BlackBerry."

    I can't find numerical data, it seems all the articles on the subject use percentages. But I have found data regarding annual iPhone sales.
    Apple iPhone sales have increased every year since 2007. Here's data on iPhone sales from Wikemedia Commons:

    FY 2007: 1,389,000
    FY 2008 11,625,000
    FY 2009 20,731,000
    FY 2010 39,989,000
    FY 2011 72,300,000
    FY 2012 125,044,000
    FY 2013 150,200,000

    Here's a link to the site:

    I also found data regarding the number of IOS devices. The installed base of IOS devices has grown to over 312 million in 2013. If I find any other numerical data I'll post it. I've never seen any data/studies that suggest that Apple is losing users, only that it is losing market share. All the data suggests that Apple is growing it's customer base albeit not as much as Android since the overall Android numbers are skewed by the extreme low end phones sold in China and elsewhere.
    Nov 20, 2013. 04:28 PM | 1 Like Like |Link to Comment
  • Apple: A Premium Brand Generating Premium Earnings For Investors [View article]
    "(1) Analysts see Android as a serious threat to strip almost all of Apple's market share and that is scary."

    Murani, your first point is one that really confounds me. It shows just how small minded most of these so called "analysts" are. They see the studies put out by IDC, Gartner, and others and don't ANALYZE the data and look behind the numbers. Daniel Dilger published an excellent analysis of the latest IDC study that shows that 66% of Android's 81% market share are extremely low end sub $200 phones and can be called "smart" phones only in the broadest sense. Fully 66% of Androids 81% market fall in this category. Apple doesn't want to compete in the extremely low end of the mobile phone market and these phones are not taking any share from Apple. Here's a link to Dilger's piece:

    Then there's this study also by Dilger that shows the bias in some of these reports put out by IDC, Gartner, and Strategy Analytics. It's a compelling read, here's a link to it:

    Finally, there's objective data on this subject that anyone can understand, not just "analysts". If Android was eating into Apple's market share, more IOS users would be switching to Android than Android users switching to IOS. Yet every study I have ever seen on the subject clearly states that in fact many more Android users swtich to IOS that the other way around. I've included a link to a recent study on this below.

    My bottom line on all this, I think many of these so called "analysts" are intellectually lazy, they don't look behind the numbers and analyze the data to assess their real significance. You would think that professional analysts would take more pride in their work.
    Nov 20, 2013. 11:52 AM | 1 Like Like |Link to Comment
  • The Rumored iPhablets Expected In 2014 Will Not Save Apple's Bacon [View article]
    Michael, you misread the article. It clearly states that Samsung sold 40 million Galaxy phones in a six month period, not a quarter. The article was dated late October 2013, the following two quotes from different parts of the article make it clear. Also, Samsung is known to have a liberal interpretation of what is sold. Often they mean put into the channel, not sold to customers.

    "Samsung Galaxy S4 sales are still looking strong, according to a new report that indicates the Galaxy S4 has now sold more than 40 million handsets worldwide since its late-April release date. "

    "Do you think 40 million handsets sold in six months is an impressive milestone for the Samsung Galaxy S4? Let us know in the comments below."
    Nov 19, 2013. 10:26 AM | 3 Likes Like |Link to Comment
  • Apple's Hidden Holiday Gift To Investors [View article]
    "Apple's accounting seems to always take the conservative tact and is known for comparatively fully disclosing complete financial reporting in their quarterly statements."

    Jared, you're dead on, and this approach is the exact opposite of Amazon's. Amazon won't tell you what their business segments do or even how many Kindles they sell. Then they go and implement a change regarding how they account for ebook revenues to artificially inflate gross revenue and won't reveal how much revenue was inflated due to the change.
    Nov 18, 2013. 07:37 PM | 2 Likes Like |Link to Comment