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boisterousbob

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  • Selling Apple To Avoid Stagnation And Boost Income [View article]
    Author could perhaps also consider supplementing income by selling puts at a price he would be willing to re-enter Apple.
    Aug 17, 2015. 08:39 AM | Likes Like |Link to Comment
  • The Chinese Consumer And Apple: A Match Made In The Temple Of Heaven [View article]
    Have to agree Apple isn't made in USA.

    Truthfully it isn't made in China either.

    If you were forced to pick one place where it is made you would probably have to choose Korea.

    One in the eye for Samsung, eh?
    Aug 14, 2015. 08:32 PM | 6 Likes Like |Link to Comment
  • The Chinese Consumer And Apple: A Match Made In The Temple Of Heaven [View article]
    The components for an iPhone are not made in China. They are made in Korea, Taiwan, Germany and shock horror the USA.
    Aug 14, 2015. 07:54 PM | 2 Likes Like |Link to Comment
  • The Chinese Consumer And Apple: A Match Made In The Temple Of Heaven [View article]
    His number is wrong on average and very wrong for the hundred of millions of middle class there.

    We have about 10,000 employees in China and pay them on average $20,000. We struggle to retain talent because we don't really pay enough.

    We are a typical international company.

    Given cost of living, approximately 100% of our employees can afford an iPhone if they want one.
    Aug 14, 2015. 07:36 PM | 18 Likes Like |Link to Comment
  • The Chinese Consumer And Apple: A Match Made In The Temple Of Heaven [View article]
    This.

    Talk about who does the FX conversion and falsely implying that the components are made in China and just got cheaper are all just red herrings.

    The Chinese will buy status here until they prefer to but it somewhere else but there isn't anywhere.

    上海怎么样?
    Aug 14, 2015. 07:20 PM | 4 Likes Like |Link to Comment
  • The Chinese Consumer And Apple: A Match Made In The Temple Of Heaven [View article]
    This comment is being repeated constantly but is really really silly.

    Apple would be better off paying in yuan they would benefit directly from the devaluation.

    Paying in dollars they have to pressure the supplier to pass on the benefit of the improved rate, which surely they can do anyway.

    Anyway someone has to do the currency conversion and it really doesn't matter who does it, the rate just got better regardless.
    Aug 14, 2015. 07:03 PM | 4 Likes Like |Link to Comment
  • Why Apple's Growth-Related Fears Are Overblown [View article]
    IM

    I model a 25 basis point margin compression for every 100 basis point move in the currency.

    This agrees with the conclusions drawn by the fool article Ernie posted above.

    I am long but don't understand peoples' obsession here with painting everything as a positive regardless the easily discovered facts.

    It is particularly depressing when the author of this really quite good article joins in.
    Aug 14, 2015. 06:07 PM | Likes Like |Link to Comment
  • Why Apple's Growth-Related Fears Are Overblown [View article]
    They are chinese.

    They don't need to make a profit.

    Not for the last 30 years, anyway....
    Aug 13, 2015. 12:59 PM | Likes Like |Link to Comment
  • Apple: Finding iPad's Future [View article]
    Maybe they should put OSX on the iPad and ship a good detachable keyboard with it.

    Could they then be more efficient than with strong but ad-hoc integration such as continuity?

    Time to cannibalise the Mac?

    Would this require intel inside?

    Would apple be emotionally capable of this step even if it did look attractive?
    Aug 13, 2015. 10:45 AM | 3 Likes Like |Link to Comment
  • Why Apple's Growth-Related Fears Are Overblown [View article]
    The one thing I cannot work out is where this idea came from that the components are made in China. They really aren't.

    China only supplies the manual intensive part of the build namely final assembly.

    Fabricating the expensive components such as the SOC, screen, cameras requires expensive machinery which costs the same in China as anywhere else. These parts are made anywhere but china.

    The fact that apple pays chinese suppliers in dollars is irrelevant. Someone has to do the currency conversion to pay local yuan costs, and it really doesn't matter who does the currency conversion, the rate just got more attractive regardless.
    Aug 13, 2015. 10:14 AM | Likes Like |Link to Comment
  • Why Apple's Growth-Related Fears Are Overblown [View article]
    I take it back I think the fool article is consistent with what I have posted.

    4% yuan devaluation leads to 4% margin compression in China which at 26% of revenue leads to 1% compression globally.

    Not the end of the world but no way in heck yuan devaluation boosts AAPL margins as some are arguing.

    The finally assembly done in China costs virtually nothing and weaker Yuan doesn't benefit costs noticeably.
    Aug 12, 2015. 01:53 PM | 1 Like Like |Link to Comment
  • Why Apple's Growth-Related Fears Are Overblown [View article]
    @Ernie, I read it I just don't believe it.

    Have a look at the infographic in here on the cost by geography of an iPhone and see what you think.

    http://bit.ly/1pcpl52
    Aug 12, 2015. 01:27 PM | Likes Like |Link to Comment
  • Why Apple's Growth-Related Fears Are Overblown [View article]
    @Ernie, I read it I just don't believe it.

    Have a look at the infographic in here on the cost by geography of an iPhone and see what you think.

    http://bit.ly/1pcpl52
    Aug 12, 2015. 01:27 PM | Likes Like |Link to Comment
  • Why Apple's Growth-Related Fears Are Overblown [View article]
    @Ernie, I read it I just don't believe it.

    Have a look at the infographic in here on the cost by geography of an iPhone and see what you think.

    http://bit.ly/1pcpl52
    Aug 12, 2015. 01:27 PM | Likes Like |Link to Comment
  • Why Apple's Growth-Related Fears Are Overblown [View article]
    Yes but it only points to a meaningfully lower cost if any significant portion of the cost of an iPhone is priced in Chinese yuan.

    This just doesn't seem very likely.

    Apple have probably lost 4% of $850 on each sale and gained perhaps 4% of $10 on assembly.

    This would put them down by $34 per phone. Not terrible, but not positive either.

    The most important currency pairs are probably USD with JPY, EUR and KRW.

    Interesting to see if anyone has looked at this more.
    Aug 12, 2015. 01:14 PM | 3 Likes Like |Link to Comment
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