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  • Apple's New Television Opportunity [View article]
    For a moment, I really thought there might be some substance to this article! Oh, well... Hope springs eternal, I guess!

    As an aside, iTunes is quite possibly one of the worst software implementations out there. That last thing it needs is one more "feature".
    Oct 31 12:50 AM | Likes Like |Link to Comment
  • Did Apple Pay Just Lose Billions? [View article]
    I was wondering how long it would be before someone would try to sensationalize this and put out an article that would make a tabloid editor blush.

    Less than 48 hours is not bad, but considering the minimalist substance in this article, it could have been cranked out within the hour, I think. But I suppose it took a little time to find a name-droppable market research firm to quote and stick a chart in there to make it a professional looking package.

    This is actually a very simple matter: given the choice between charging to their credit cards and paying directly from their bank accounts, most Americans would prefer charging to their credit cards, even if paying by debit was a little cheaper.

    How do we know this? Just look at gas stations. There are a few gas stations (e.g., ARCO) that offer a discount for paying by cash. They've been around for decades, and yet, they remain a small minority. Most consumers would rather use their credit cards.

    So this attempt by CurrentC to cut out VISA, MasterCard, Amex, Discover, etc. will no doubt see a modest success, but nothing more. Eventually, CVS, Right Aid and other retailers will not be able to refuse Apple Pay any more than they could refuse accepting credit cards.
    Oct 29 01:48 PM | 1 Like Like |Link to Comment
  • The Death Of The iPad? [View article]
    "Death"? So you are expecting iPad sales to go to ZERO, as in 0?

    It would be nice if Seeking Alpha provided an "Ignore" button that could be applied to people who really should be writing stories for tabloids.
    Oct 23 02:27 PM | 3 Likes Like |Link to Comment
  • Yes, Apple At $203 A Share Is Possible [View article]
    It is amazing to see so many gullible people fall for Carl Icahn's $200 bogey! It takes considerable naïveté to buy a thesis like that. The author's article is precisely the kind of buzz Icahn is hoping to generate pressure on Apple to buy back more.

    The last thing Apple should be doing would be to squander most of its cash on share buy backs, while building up its debt. The company needs to be focused on making great new products and creating value. The stock price will take care of itself.
    Oct 23 10:05 AM | 5 Likes Like |Link to Comment
  • Apple Pay Hoopla Shows We Have Hit Peak Apple [View article]
    Amazing that Seeking Alpha lets "articles" like this be published. Three completely unwarranted, sweeping generalizations with no basis in reality. Let's take them one at a time.

    "Apple Pay is overhyped and threatens no one in the payment industry."

    Overhyped? It has hardly received even a fraction of the attention it deserves. Over the past few years, I have had several bogus charges made to my credit card in five different countries. I have had new VISA cards sent to me by my bank FOUR times, because there was a breach somewhere. I have been a victim of identity theft.

    Apple is finally providing an exceptionally elegant solution that only a company like Apple could pull together. Once people understand how valuable Apple Pay is, and start using it, the only people who will not use it would be the brain dead.

    And as for threatening anyone in the payment industry, it's quite presumptuous of you to assume that was Apple's motivation. Apple is doing this to provide yet another invaluable application for iDevices, and to consolidate its ecosystem even further.

    And oh, yes. Apple will also make a ton of money.

    And from that, you conclude "We Have Hit Peak Apple"?! Wow.

    "Apple is getting killed in the smartphone business on a global basis."

    That is certainly one healthy corporate corpse that just announced stellar quarter that blew away the consensus estimates for the top line, bottom line, unit shipments and cash, and all that was without even China.

    And once the products became available in China, preorders quickly shot past 20 million. The Chinese must like to buy products from dying companies, eh?

    "Apple is a great company, but the stock's best days may be behind it."

    What kind of a comment is that? "Best days may be behind"? That is the punchline of your Magnum Opus?

    If you have conviction in your opinion, at least come out and say you had the marbles to use every dollar you could lay your hands on and shorted AAPL.
    Oct 21 11:39 PM | 2 Likes Like |Link to Comment
  • Apple's Big iPad Problem [View article]
    Dude, you have it all ass-backwards. The iPad is simply another form factor. That's it. There's stuff from 3" all the way to 10.5", and may be, 13" in the future. In some countries, like the USA, where we tend to have a few extra coins in our jeans, we buy an iPad and an iPhone 6. In some other countries, where money is not so cheap, they might decide to pick an iPhone 6+.

    Large markets segment, both in terms of price and use models. No need to start frothing at the mouth and flaring your nostrils because the produce mixed changed from one country to another. Relax. Apple has already won the battle at the high end.
    Oct 20 03:52 AM | 18 Likes Like |Link to Comment
  • Apple: Not So Cool Anymore [View article]
    It would be nice if SA provided an easy way to mark articles like this that are intended to spread FUD. The author has no significant facts. A few charts that can be trivially downloaded in seconds are included as window dressing. But at the end of the day, there is nothing of any substance here.

    Chinese iPhone 6 pre orders exceeded 20 million several days ago. Perhaps the author would provide some insights on how to reconcile that FACT with his conclusions.
    Oct 15 05:41 PM | Likes Like |Link to Comment
  • Baidu Has More Growth And Upside [View article]
    12 month target price, please? Without one, an article like this is just hand waving.
    Oct 13 06:10 PM | Likes Like |Link to Comment
  • 3 Signs That Apple's Next Breakout May Be Its Last [View article]
    @Esekia - First, I appreciate that you bothered to respond to my critical comment. Thumbs up for that.

    However, Apple is no better or worse than any other big manufacturing company when it comes to supply chain management. The golden rule ALWAYS applies - he with the gold rules. You won't find Hewlett Packard, Amazon or General Electric any more generous than Apple, and suppliers who depend on these companies are willing to do business under the terms set forth by these big boys.

    As vertically integrated Samsung is, even Samsung has to buy a lot of technology, and they're even worse to deal with than Apple. Just talk to anyone who has sold anything to Samsung.

    Apple is certainly a tough negotiator and extremely demanding, but they also are smart enough to realize the supplier has to make a profit too. If that weren't the case, nobody would be supplying anything to Apple! Clearly, that is not the case.
    Oct 10 05:15 PM | 2 Likes Like |Link to Comment
  • 3 Signs That Apple's Next Breakout May Be Its Last [View article]
    Oh, dear. Don't even know where to begin with this, or how many holes to point out. I don't have time for more than three.

    First: "I think it will cast a pall of future negotiations with suppliers" (I assume the author meant pall "on" future negotiations.)

    Completely wrong. If a supplier can't deliver to the specs, what do you expect Apple or any other buyer to do? Buy defective parts anyway? Get real. Supplier can't deliver, manufacturer pulls the plug on a purchase agreement and moves on to an alternative solution. That happens in business every single day.

    Not all purchase orders torn up lead to a ritual suicide by the supplier, but that is more a reflection on inept management at GTAT than anything that Apple did. Otherwise, GTAT would have sued Apple by now for a material breach of their agreement.

    Second: "Carl Icahn's open letter".

    Are you really naive enough to think after Icahn's letter was published, Tim Cook might have scheduled an emergency board meeting to get approval to borrow every last dollar Apple could get, and then buy AAPL shares with the money from the open market?

    The Apple board is going to do what it has repeatedly done in the past: give Icahn a polite nod and a smile, thank him for his inputs, assure him Apple considers all shareholder inputs, and do whatever the the board wants, not what Icahn wants.

    Third: Samsung's sales.

    Perhaps you should review how the iPhone 6 and 6+ are doing. You might find a correlation with the decline in Samsung Galaxy numbers, and discover a cause and effect paradigm.
    Oct 10 01:04 PM | 4 Likes Like |Link to Comment
  • Will The Samsung S6 Overtake The iPhone 6? Probably [View article]

    "Who cares about market share?"

    Let's get real. Apple was practically killed by Microsoft. If Bill Gates wanted it, he could have squashed Apple and reduced it to the ranks of Atari, Altair, Commodore, etc. Instead, Microsoft threw an unbelievable lifeline to Apple with a $150 million cash investment and support of Office on the Mac.

    The iPod succeeded because of its unit market share and ubiquitous presence. There were high end iPod Touch models, all the way to the iPod Nano, iPod Shuffle, etc. that went after ... surprise, surprise... unit market share.

    Apple had a choice: Either own some 80-90% of the smartphone market, with an average of about 20% gross margins, or own 10% of the smart phone market with an average of about 35% gross margins. Apple went for the latter.

    The next two years should lay it all out on the table for everyone to see whether Apple was brilliant or penny wise, pound foolish as I believe they were.
    Oct 6 04:15 PM | Likes Like |Link to Comment
  • Will The Samsung S6 Overtake The iPhone 6? Probably [View article]
    There is no question that Apple has built the best smart phones for those who can afford to pay for them. It is really sad to see Apple arrogantly dismiss those who cannot afford to pay the top money. Eventually, that will come back to bite Apple. Maybe not in 2014, but what about 2015? Or 2016?

    We are a year, perhaps two, away from the Rolls Royce end of the smart phone market from completely saturating. Then what?

    What is really perplexing is that with entry-level offerings that kept the peasants in the Apple ecosystem, Apple could have owned the mobile computing domain with an 80 or 90% market share. But with its arrogant regard for anything below $500 as "junk", Apple will find itself in a replay of the original Windows-Mac movie. We know who won that war.
    Oct 5 02:37 AM | 7 Likes Like |Link to Comment
  • Why Apple Has To Take Bendgate Seriously [View article]
    So, "Something must be done" is the threshold for publishing an article on Seeking Alpha? Interesting. I could probably crank out a dozen such articles each week.

    What do you expect Apple to do? Do you have a specific solution? Perhaps use a different alloy? Add reinforcements at all areas of weakness? Sell a Titanium case that is even stronger than the Aluminum body?

    Here is something Apple could do: let customers know the iPhone 6+ is made so thin so it can be light. But that also means the user should exercise some caution using it. A brick won't bend, but it won't be as sleek and portable as an iPhone.

    Eventually, as battery, semiconductor, display and camera technologies all continue to improve, there will be a time when smartphones and tablets will be barely thicker than a credit card. So it will only get EASIER to bend smart phones in the future, not just Apple, but others, too.

    Translation: Apple is still the leader in innovation. Bendability is a sign of progress! Every other Android phone maker with a brick today is probably wishing he had a bendable phone.
    Sep 26 01:59 PM | Likes Like |Link to Comment
  • Apple iPhone 6: The Good, The Bad, The Ugly [View article]
    You can buy very authentic-looking Rolex and Patek Philippe watches in Shanghai for a couple of hundred dollars. Even Rolex dealers sometime have a hard time telling a fake from the real merchandise without opening the watch and taking a look. But that does not mean these fake watches deliver the performance of the real watches.

    So if Xiaomi sells cheap iPhone 6 and 6+ clones, in similar looking packages, similar looking finish and an iOS-8 like interface. But that doesn't mean those devices will deliver the same performance in terms of CPU, graphics, sensors and other electronics in the devices. The apps on these clones won't deliver the user experience and performance the apps will deliver on the iPhones.

    Yugo might sell a $10,000 car that look like a Ferrari. But it won't deliver the Ferrari performance.

    So nothing has really changed: the market that would not have bought an iPhone anyways would buy Xiaomi. The market that would have bought an iPhone would buy the iPhone. There are always going to be more people who can afford less than people who can afford more, so Xiaomi and other Android phone makers will continue to sell more units, and Apple's unit market share will continue to drop.

    Someday, not having an entry-level iPhone for the cost sensitive segment of the world could come back to bite Apple big time. But that may be 2-3 years away.
    Sep 23 08:37 PM | 2 Likes Like |Link to Comment
  • Baidu: Use The Sell-Off To Buy [View article]
    So what is your price target, say for the next 12 months?!
    Sep 18 01:06 AM | Likes Like |Link to Comment