Tim Cook (AAPL) on the five-inch smartphone: "Our competitors have made some significant trade-offs in many of these areas in order to ship a larger display. We would not ship a larger display iPhone while these trade-offs exist." He adds that if IDC's right, the smartphone market declined 30% since December, so Apple's decline of 15% beat the market. [View news story]
Tim Cook (AAPL) on the five-inch smartphone: "Our competitors have made some significant trade-offs in many of these areas in order to ship a larger display. We would not ship a larger display iPhone while these trade-offs exist." He adds that if IDC's right, the smartphone market declined 30% since December, so Apple's decline of 15% beat the market. [View news story]
AT&T continues to run FULL PAGE ads in the NY Times, touting how with iPhone you can use other apps on the phone at the same time that you talk!! I had that on my first Andriod phone four years ago.
Dallas Fed Manufacturing Index:-15.6 vs. +5.0 expected, +7.4 previous. Production fell to -0.5 from +9.9. New Orders -4.9 from +9 - the first negative reading this year. Prices +2.5 vs. +19.1. Expectations -6.7 vs. +15.3. [View news story]
Market up up and away...does not seem to care or knows something not reported here...
Air traffic control operations are set to return to normal by this evening after the FAA ended the staff furloughs that had caused the delay of thousands of flights since coming into effect last Sunday. The FAA's move follows Congress' passing of legislation that allowed the agency to redirect up to $253M of its airport improvement budget to fund staffing and operations. [View news story]
Two wars not paid for. So, infrastructure ignored mostly. Everyone been to overseas airports? Check rankings. We have some of the worst in the world here. U.S. citizens, if they ever traveled to gain some knowledge, would be shocked at how nice other countries airports are, especially in Asia.
To no one's surprise, investors are enthusiastic about buying debt from a very profitable large-cap with $145B in cash/investments and (currently) no debt. Apple's (AAPL) plans to borrow (and thereby avoid paying taxes on offshore cash) to help pursue its goal of returning $100B to shareholders by the end of 2015 has already led many institutions to express interest, and S&P and Moody's to respectively assign ratings of AA+ and Aa1. Some think Apple, whose rates will likely be well below the 3% dividend yield now offered by its stock, could raise over $50B. [View news story]
I don't buy the stock of unethical companies that avoid paying U.S. taxes. THIS is the essence of the immorality that has become pervasive in many many companies these days.
Tim Cook (AAPL) on the five-inch smartphone: "Our competitors have made some significant trade-offs in many of these areas in order to ship a larger display. We would not ship a larger display iPhone while these trade-offs exist." He adds that if IDC's right, the smartphone market declined 30% since December, so Apple's decline of 15% beat the market. [View news story]
get the new HTC One. It is 4.7, so nice compromise size.
Tim Cook (AAPL) on the five-inch smartphone: "Our competitors have made some significant trade-offs in many of these areas in order to ship a larger display. We would not ship a larger display iPhone while these trade-offs exist." He adds that if IDC's right, the smartphone market declined 30% since December, so Apple's decline of 15% beat the market. [View news story]
I think the point is that Apple (now that Jobs in gone) really needs to listen to the customers and not think Apple always knows the "right" answer. It is no longer a one size fits all world. 4" great for many, others will want 5". Apple is a terrific company, but has to adapt.
Tim Cook (AAPL) on the five-inch smartphone: "Our competitors have made some significant trade-offs in many of these areas in order to ship a larger display. We would not ship a larger display iPhone while these trade-offs exist." He adds that if IDC's right, the smartphone market declined 30% since December, so Apple's decline of 15% beat the market. [View news story]
That is all many young people have. It is their TV screen, movie screen, phone, video display, social communications device etc...we may think it is silly to view movies like that, but they don't.
Tim Cook (AAPL) on the five-inch smartphone: "Our competitors have made some significant trade-offs in many of these areas in order to ship a larger display. We would not ship a larger display iPhone while these trade-offs exist." He adds that if IDC's right, the smartphone market declined 30% since December, so Apple's decline of 15% beat the market. [View news story]
I've had an Android phone since the Nexus One..great phone, great, open OS. Not stuck with the Apple closed system profit making scheme and the crappy iTunes (worse major software ever written). My HTC One can do anything an iPhone can do, and many many more things...can Cook improve the next iPhone to match? Of course, but can they make those changes quickly to match the fast moving market (Apple is famous for slowly trickling out the features, and making people upgrade to each new phone at great expense)? That is why iPhone batteries (not replaceable) always die at approx 18 months..nice plan by Apple.
More on Apple: Quarterly dividend increased by 15% to $3.05/share (3% yield); Apple "plans to borrow" to return cash. FQ2 iPhone and iPad sales beat expectations, Macs a little light. Gross margin was 37.5%, at low end of guidance range of 37.5%-38.5% and -990 bps Y/Y. Apple expects to return $100B in cash via capital return program by end of 2015, up from prior $45B. Exc. retail, Americas revenue +7% Y/Y, Europe +11%, Greater China +8%, Japan +19%, rest of Asia-Pac +26%. Retail +19%. iPhone revenue only +3% Y/Y, iPad +40%, Mac +7%, iPod -20% on 5.6M units. AAPL halted, to resume trading at 4:50PM. (PR) [View news story]
Whether Jobs or Cook, as long as they keep earnings offshore, they are un-American and not paying their fair share.
Tim Cook (AAPL) on the five-inch smartphone: "Our competitors have made some significant trade-offs in many of these areas in order to ship a larger display. We would not ship a larger display iPhone while these trade-offs exist." He adds that if IDC's right, the smartphone market declined 30% since December, so Apple's decline of 15% beat the market. [View news story]
What trad eoffs in the larger screen? The Samsung Galaxy S4 is carbonite it is true, but check out the just shipping HTC One...beautiful single shell aluminum, like iPhone, but 4.7" incredible display, dual front speakers, NFC, etc etc...puts iPhone to shame (well, not to shame, but definitely a leg up).
The EPA wins an important legal victory in a continuing battle with Arch Coal (ACI -4.5% over the Spruce no. 1 West Virginia coal mining project. The case tests whether the EPA can revoke a permit for mountaintop mining after another federal agency had already approved it. For the coal industry, the fight symbolizes what it sees as an unjust power grab by the EPA. [View news story]
Ever been to West Virginia? You want to see land that has been raped. We are slowly destroying the U.S.
Markets recover after a brief crash caused by an erroneous report the President had been injured in an explosion at the White House. The news came about from AP's twitter feed being hacked. The White House says the President is fine, and the AP's White House correspondent calls the report "obviously false." [View news story]
Unfortunately, we are sure to see much more of this electronic warfare, either by crazy people/groups/governme... Let's face it, who among us really believes, that if we go to war with a country, that any land line, mobile phone, Internet, etc networks are going to stay up? Not. No banking, etc. I'm no alarmist, but I always keep $1000 in cash since there will be no atms, etc.
April Nonfarm Payrolls: +165K vs. consensus +145K, 138K previous (revised from +88K). Unemployment rate 7.5% vs. consensus 7.6%, 7.6% previous. [View news story]
Tim Cook (AAPL) on the five-inch smartphone: "Our competitors have made some significant trade-offs in many of these areas in order to ship a larger display. We would not ship a larger display iPhone while these trade-offs exist." He adds that if IDC's right, the smartphone market declined 30% since December, so Apple's decline of 15% beat the market. [View news story]
Tim Cook (AAPL) on the five-inch smartphone: "Our competitors have made some significant trade-offs in many of these areas in order to ship a larger display. We would not ship a larger display iPhone while these trade-offs exist." He adds that if IDC's right, the smartphone market declined 30% since December, so Apple's decline of 15% beat the market. [View news story]
Dallas Fed Manufacturing Index: -15.6 vs. +5.0 expected, +7.4 previous. Production fell to -0.5 from +9.9. New Orders -4.9 from +9 - the first negative reading this year. Prices +2.5 vs. +19.1. Expectations -6.7 vs. +15.3. [View news story]
Air traffic control operations are set to return to normal by this evening after the FAA ended the staff furloughs that had caused the delay of thousands of flights since coming into effect last Sunday. The FAA's move follows Congress' passing of legislation that allowed the agency to redirect up to $253M of its airport improvement budget to fund staffing and operations. [View news story]
To no one's surprise, investors are enthusiastic about buying debt from a very profitable large-cap with $145B in cash/investments and (currently) no debt. Apple's (AAPL) plans to borrow (and thereby avoid paying taxes on offshore cash) to help pursue its goal of returning $100B to shareholders by the end of 2015 has already led many institutions to express interest, and S&P and Moody's to respectively assign ratings of AA+ and Aa1. Some think Apple, whose rates will likely be well below the 3% dividend yield now offered by its stock, could raise over $50B. [View news story]
Tim Cook (AAPL) on the five-inch smartphone: "Our competitors have made some significant trade-offs in many of these areas in order to ship a larger display. We would not ship a larger display iPhone while these trade-offs exist." He adds that if IDC's right, the smartphone market declined 30% since December, so Apple's decline of 15% beat the market. [View news story]
Tim Cook (AAPL) on the five-inch smartphone: "Our competitors have made some significant trade-offs in many of these areas in order to ship a larger display. We would not ship a larger display iPhone while these trade-offs exist." He adds that if IDC's right, the smartphone market declined 30% since December, so Apple's decline of 15% beat the market. [View news story]
Tim Cook (AAPL) on the five-inch smartphone: "Our competitors have made some significant trade-offs in many of these areas in order to ship a larger display. We would not ship a larger display iPhone while these trade-offs exist." He adds that if IDC's right, the smartphone market declined 30% since December, so Apple's decline of 15% beat the market. [View news story]
Tim Cook (AAPL) on the five-inch smartphone: "Our competitors have made some significant trade-offs in many of these areas in order to ship a larger display. We would not ship a larger display iPhone while these trade-offs exist." He adds that if IDC's right, the smartphone market declined 30% since December, so Apple's decline of 15% beat the market. [View news story]
More on Apple: Quarterly dividend increased by 15% to $3.05/share (3% yield); Apple "plans to borrow" to return cash. FQ2 iPhone and iPad sales beat expectations, Macs a little light. Gross margin was 37.5%, at low end of guidance range of 37.5%-38.5% and -990 bps Y/Y. Apple expects to return $100B in cash via capital return program by end of 2015, up from prior $45B. Exc. retail, Americas revenue +7% Y/Y, Europe +11%, Greater China +8%, Japan +19%, rest of Asia-Pac +26%. Retail +19%. iPhone revenue only +3% Y/Y, iPad +40%, Mac +7%, iPod -20% on 5.6M units. AAPL halted, to resume trading at 4:50PM. (PR) [View news story]
Tim Cook (AAPL) on the five-inch smartphone: "Our competitors have made some significant trade-offs in many of these areas in order to ship a larger display. We would not ship a larger display iPhone while these trade-offs exist." He adds that if IDC's right, the smartphone market declined 30% since December, so Apple's decline of 15% beat the market. [View news story]
Cree (CREE): FQ3 EPS of $0.34 in-line. Revenue of $349M (+23% Y/Y) beats by $7.04M. Shares -2.4% AH. (PR) [View news story]
The EPA wins an important legal victory in a continuing battle with Arch Coal (ACI -4.5% over the Spruce no. 1 West Virginia coal mining project. The case tests whether the EPA can revoke a permit for mountaintop mining after another federal agency had already approved it. For the coal industry, the fight symbolizes what it sees as an unjust power grab by the EPA. [View news story]
Markets recover after a brief crash caused by an erroneous report the President had been injured in an explosion at the White House. The news came about from AP's twitter feed being hacked. The White House says the President is fine, and the AP's White House correspondent calls the report "obviously false." [View news story]