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  • HTC unveils virtual reality headset [View news story]
    Apple also has a secret 3D VR program, probably in Israel, where they are quietly developing something. But unlike these other companies, Apple does not announce a product until it is ready for release and is being released. These other companies are all announcing products or acquisitions of products which are nowhere near ready to be released, and might never be.
    Mar 2, 2015. 06:41 AM | 4 Likes Like |Link to Comment
  • Apple And Allergan Top Hedge Fund Holdings In Q4 2014 [View article]
    Actually AAPl remains grossly underowned by funds though they are starting to close that gap. It is a big reason most funds have underperformed the indexes they did not have enough AAPL after stupidly dumping it cheap two years ago, many never bought it back and bought overvalued Goog, FB and MSFT instead.

    As Icahn says, this now creates a sort of short squeeze on as many funds scramble to up their AAPl positions at higher prices. But they will be rewarded as AAPl remains the most undervalued major stock in the market relative to massive earnings growth.
    Mar 2, 2015. 06:39 AM | 1 Like Like |Link to Comment
  • Apple sends out invites for March 9 event [View news story]
    Apple will replace Google Search on IOS, but this year or next? That is the great big unknown mega catalyst for Apple now, that and also Apple TV if and when they use their cash to close a mammoth content deal in Hollywood and offer the best streaming video service ever.

    I would strongly avoid Netflix and Google as investments. Take profits and run. Both are extremely vulnerable to Apple. Also FB is a huge bubble ready to burst. It has almost the same market cap as General Electric and more than McDonalds. And makes 2-3 billion per year. Apple makes that in a ten days.
    Mar 1, 2015. 11:15 PM | 1 Like Like |Link to Comment
  • Samsung launches S6 with metal/glass body, 2K display, new fingerprint sensor [View news story]
    Article even states they simply copied the hardware design of the iPhone6 and put on a few flashes, then programmed it with an inferior OS which they have no control over. Samsung phones work fine but run a fragmented system. Worst of all, they cost the same as the far superior iPhone and everyone knows the iPhone is superior even now in South Korea where Apple has overtaken Samsung in the premium market.

    Samsung is again a huge loser in this game.

    Apple is the winner.

    Other winners are the super cheap phone makers who only expect a 15% profit margin anyway. They will underprice Samsung constantly, by 25-75%
    Mar 1, 2015. 11:11 PM | 10 Likes Like |Link to Comment
  • Samsung launches S6 with metal/glass body, 2K display, new fingerprint sensor [View news story]
    Samsuing has no good software and doesn't know how to create it. Tizen? Gimme a break. And their Tizen run Gear watch reportedly sold less than 100,000 units though 800,000 were shipped. Somewhere on earth are 700,000 Gear Watches brand new waiting to be recycled.

    The Apple Watch on the other hand will sell out within two weeks after it released.
    Mar 1, 2015. 11:07 PM | 9 Likes Like |Link to Comment
  • Samsung launches S6 with metal/glass body, 2K display, new fingerprint sensor [View news story]
    Nine months ago Nomura who I believe is samsung's ally and Japanese banker, publicly told samsung to stop being "arrogant" and concentrate on lower end phones. Samsung said the same thing to itself in its call, but then ignored all that advice and now has another $700 phone no one wants because for the same money you can get an iPhone6 or an Iphone5 and pocket $200.

    My guess is that samsung has already lost about 17 billion trying to challenge Apple, though they were successful in the beginning. This new model will probably make it over 20 billion before they finally bury their pride and give up.

    Keep in mind Samsung's modus operandi, equal Apple's hardware with the best flasy features and charge the same, hoping no one knows the meaning of software or eco-systems. Then spend billions in wall to wall advertising globally. This is what they are doing now again. And again will will be taught a costly lesson.

    These days, if you compete with Apple, you not only fail but you lose billions. Just as Googarola or Micronokia. Or ask Blackberry. Apple has already killed them all. And Samsung is still standing, but about to fall dead too.
    Mar 1, 2015. 11:06 PM | 10 Likes Like |Link to Comment
  • Samsung launches S6 with metal/glass body, 2K display, new fingerprint sensor [View news story]
    True, if you don't mind an Android or non IOS phone, then why spend $700 on a Galaxy when you can get an almost identical "just as good" LG or Huawei for $150? Motorola, Lenovo and Nokia have the same problem. Being stuck in the middle under Apple and above clone phones is murder these days. Samsung doesn't have a chnce with this new phone, despite how impressive looking the shell is.
    Mar 1, 2015. 11:01 PM | 7 Likes Like |Link to Comment
  • Samsung launches S6 with metal/glass body, 2K display, new fingerprint sensor [View news story]
    Nothing is better nor even close to an iPhone. It is not about the hardware it is about what's inside. That is 90% of the consideration these days. Tizen and Android are just inferior lousy OS's. IOS blows them to smithereens. Why? Did you think Apple became the most profitable company in the world on mere hardware design? Especially since Sam,sung and others just copy it anyway. No, it's the eco-system and software. Plus the status and brand name. Worth an extra $300-400 over a Samsung Galaxy.

    Galaxies will not sell for their asking price. Samsung might break even on them but will probably lose molney as they will need to be discounted by at least $200 in order to sell, and that is probably Samsung's entiure profit margin.
    Mar 1, 2015. 10:59 PM | 12 Likes Like |Link to Comment
  • Instagram Is Not Overvalued [View article]
    Another thing to remember, Zuck has already blown his wad on acquisitions. And snapchat turned him down. What they have is what you get for 220 billion dollars, and it just isn't anywhere near worth it though for 80-100 billion we might be talking business.
    Mar 1, 2015. 07:55 PM | Likes Like |Link to Comment
  • Instagram Is Not Overvalued [View article]
    And whenever you see a pretty photo of someone with 500+ friends that is not a real person, it is a bot. They are everywhere on FB these days, and that just started about the time FB went public. I'm sure FB knows about it but does not delete them.
    Mar 1, 2015. 07:35 PM | Likes Like |Link to Comment
  • Instagram Is Not Overvalued [View article]
    Instagram is not a stand alone company so has no valuation. But FB is very overvalued as I have explained. Just study the valuation, earnings and multiples and do the math. At present, FB makes no more money per year than the Apple Watch alone is probably going to make. ANd its market cap is close to General Electric's.

    Biggest bubble stocks I see are FB, GOOG, TSLA, Netflix and some of the biotechs.
    And if you think these stocks are invulnerable wake up. There are plenty of examples of former high-fliers now sitting in the woodshed. And do not forget that any market Apple enters, the former leaders there get clobbered. And except for biotech, Apple could cut off any opf the above companies at the knees if they were to make such a move. Afterall Apple owns IOS where all the money is. And that is one reson AAPl is so UNDERvalued. HUge earnings growth and tiny PE too.
    Mar 1, 2015. 07:30 PM | Likes Like |Link to Comment
  • Why Facebook Is Breaking Out [View article]
    In other words time to take profits on FB and wait to buy until it gets taken to the woodshed by Wall St which WILL happen sooner or later. Wall St makes almost as much money taking down overvalued stocks as they do pumping then dumping them. I could easily see FB at $40 soon. It may even go to 90 before it goes back down, so dont be fooled. Just look at the valuation. Obscenely high.

    Bottomline, ads alone cannot support this market cap and even if FB had 3 billion users it is still not enough since the service is free and nobody pays them. Plus if it had 3 billion, a third would have to be third world children with zero dollars to spend.

    Also pay careful attention to this bot issue. Huge numbers of phone pages on FB now and growing all the time. Pretty pictures but nobody home. In the same pretty pictures are often used in dozens of cloned pages. Then they just tack on a different name and get clicks. Once Madison Ave realizes this, they'll not be so keen about spending on FB anymore.
    Mar 1, 2015. 07:25 PM | 1 Like Like |Link to Comment
  • Facebook tops 2M advertisers, gives them a new app [View news story]
    Why is FB more than social media? Actually that is exactly what it is. It sells nothing but ads in exchange for free social pages. Not that different from Google whose ad revenues have been slipping for several quarters now after peaking a year or so ago.
    Mar 1, 2015. 07:21 PM | Likes Like |Link to Comment
  • Facebook tops 2M advertisers, gives them a new app [View news story]
    28 million small business pages and only about 500 million active users who are not children or bots? Do the math. That means only 20 customers for every business. On TV you can reach millions at a time. True FB ads are much cheaper but still, even if 28 million paid FB $100 each per year, that is only 2.8 billion per year, and I doubt they pay that much. Probably more like $200 and many pay nothing. And with a market cap of 220 billion - ?

    No advertising alone cannot even begin to close this gap.
    Mar 1, 2015. 07:20 PM | Likes Like |Link to Comment
  • Facebook tops 2M advertisers, gives them a new app [View news story]
    No, FB is a huge bubble. So far it is still in its honeymoon phase with Wall St after a rocky start, hence the 120% gain and noise-bleed high PE and market cap, but there is no way for FB to ever earn enough to even come close to deserving such multiples.

    the moment anything goes wrong or any new competitor emerges, look out below. This is a classic bubble stock completely unsupported by earnings. In fact the real book value of FB is probably in the 20 billion range. That is 200 billion below its current market cap. I could easily see FB fall 60% and GOOG fall 30%, since both have the same business model (datamining users for targeted ads).

    Tim Cook is currently railing against this user targeting and its violations of privacy. It is actually much worse than the NSA. FB and Google users really have no privacy at all.

    Also dont forget Zuck himself sold ten billion worth of stock. He's not stupid. He claims it was to pay taxes. Yeah right. Taxes are not owed until stock is sold, not before.
    Mar 1, 2015. 07:07 PM | Likes Like |Link to Comment