StreetSweeper's Comments StreetSweeper's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/33682/comments Bernanke Just Lost A Lot Of My Respect http://seekingalpha.com/article/47640-bernanke-just-lost-a-lot-of-my-respect?source=feed#comment-96512 96512 Thu, 20 Sep 2007 19:44:28 -0400 What The Fed Said vs. What The Fed Meant http://seekingalpha.com/article/47643-what-the-fed-said-vs-what-the-fed-meant?source=feed#comment-96511 96511 We need to do this to save the economy and financial sectors.

Meant:
Somebody has twisted our arms and we have to look like fools, spur inflation, and watch the dollar drop. ]]>
Thu, 20 Sep 2007 19:42:49 -0400 We need to do this to save the economy and financial sectors.

Meant:
Somebody has twisted our arms and we have to look like fools, spur inflation, and watch the dollar drop. ]]>
Bernanke Blinks - And Suffers Credibility Hit http://seekingalpha.com/article/47745-bernanke-blinks-and-suffers-credibility-hit?source=feed#comment-96488 96488 Thu, 20 Sep 2007 15:48:33 -0400 Respect The Fed's Knowledge On Economy http://seekingalpha.com/article/47730-respect-the-fed-s-knowledge-on-economy?source=feed#comment-96487 96487 Thu, 20 Sep 2007 15:43:19 -0400 Fed Rate Cut Buys Time, But Problems Loom http://seekingalpha.com/article/47728-fed-rate-cut-buys-time-but-problems-loom?source=feed#comment-96486 96486 Thu, 20 Sep 2007 15:37:44 -0400 Fed Comes to Rescue After Promising It Wouldn't http://seekingalpha.com/article/47725-fed-comes-to-rescue-after-promising-it-wouldn-t?source=feed#comment-96485 96485 Thu, 20 Sep 2007 15:32:55 -0400 The Fed Tries to Save the Economy.... And Everybody Loses http://seekingalpha.com/article/47649-the-fed-tries-to-save-the-economy-and-everybody-loses?source=feed#comment-96484 96484 Thu, 20 Sep 2007 15:23:46 -0400 The Fed Cuts Rates By 50bp: Now What? http://seekingalpha.com/article/47613-the-fed-cuts-rates-by-50bp-now-what?source=feed#comment-96399 96399 Wed, 19 Sep 2007 15:52:01 -0400 Nanny Benny Comforts All With Short-Sighted Rate Cut http://seekingalpha.com/article/47612-nanny-benny-comforts-all-with-short-sighted-rate-cut?source=feed#comment-96398 96398 Wed, 19 Sep 2007 15:45:59 -0400 Bernanke's Bold Move: Shades of Greenspan - WSJ http://seekingalpha.com/article/47611-bernanke-s-bold-move-shades-of-greenspan-wsj?source=feed#comment-96397 96397 Wed, 19 Sep 2007 15:42:21 -0400 Is the Fed Curbing Inflation With Silence? http://seekingalpha.com/article/47602-is-the-fed-curbing-inflation-with-silence?source=feed#comment-96394 96394 Wed, 19 Sep 2007 15:28:41 -0400 Fed Surprise Demands a Re-Evaluation of the Markets http://seekingalpha.com/article/47587-fed-surprise-demands-a-re-evaluation-of-the-markets?source=feed#comment-96393 96393 Wed, 19 Sep 2007 15:24:35 -0400 Bernanke Blinks http://seekingalpha.com/article/47597-bernanke-blinks?source=feed#comment-96392 96392 Wed, 19 Sep 2007 15:21:06 -0400 The Fed's Abrupt About-Face http://seekingalpha.com/article/47563-the-fed-s-abrupt-about-face?source=feed#comment-96390 96390 Wed, 19 Sep 2007 15:14:12 -0400 iPhone Price Cut Causing Trouble For Apple http://seekingalpha.com/article/46709-iphone-price-cut-causing-trouble-for-apple?source=feed#comment-95762 95762 The recent announcement that Apple has already sold a million iPhones at a price range of $500 to $600, sort of nullifies your concerns over reasonable prices. People still bought them. Now by lowering the prices, he guarantees huge sales figures for the next two quarters. As for the technology not being advanced, ah...what handheld do you have that matches the functions that the iPhone offers? It is ranked as the fastest selling handheld of all time with the fastest increasing market share. Let us in on exactly what you think "is going on in that company," the suspense is killing me.]]> Tue, 11 Sep 2007 14:14:00 -0400 The recent announcement that Apple has already sold a million iPhones at a price range of $500 to $600, sort of nullifies your concerns over reasonable prices. People still bought them. Now by lowering the prices, he guarantees huge sales figures for the next two quarters. As for the technology not being advanced, ah...what handheld do you have that matches the functions that the iPhone offers? It is ranked as the fastest selling handheld of all time with the fastest increasing market share. Let us in on exactly what you think "is going on in that company," the suspense is killing me.]]> Enough Noise About Apple! http://seekingalpha.com/article/46723-enough-noise-about-apple?source=feed#comment-95574 95574 Sun, 09 Sep 2007 16:29:50 -0400 Early iPhone Adopters, Never Believe The Hype http://seekingalpha.com/article/46713-early-iphone-adopters-never-believe-the-hype?source=feed#comment-95572 95572 ]]> Sun, 09 Sep 2007 16:11:20 -0400 ]]> iPhone Price Cut Causing Trouble For Apple http://seekingalpha.com/article/46709-iphone-price-cut-causing-trouble-for-apple?source=feed#comment-95570 95570 1. Yes, Apple is making a statement, not to just the cellphone market but the computer market as well. The reduced price and fast growing sales rate firmly will place Apple as a leading contender in a few years. And the iPhone is now seen as a reasonably priced "on sale" item for the Christmas sales. To the computer market, Apple is stating that the future of data interaction is slowly moving away from desktops to handheld.

2. The pricing will actually promote a greater profit as estimated by a number of analysts rather than a earnings drop.

3. The price cut and give-back were not a fiasco at all. Jobs came off looking like a compassionate business leader with his next day announcement of the give-back. If he had announced the give-back on Wednesday, recent purchasers would have asked for more. Most customers did not show displeasure at the cut, realizing that the "I-got-one-first" buyers pay a premium but the news-sensationalizing media jumped on the few very vocal dissatisfied customers.

It should be obvious that Apple (Steve Jobs) has never paid much attention to the price of the stock, knowing it will eventually climb with sales of a good product regardless to the lack of splits, dividends, or investor messages. He seldom announces anything without it being a major Apple event, timing it perfectly to get the maximum spin and hype. I do not doubt that everything he did since the iPhone release was scripted from day one of the iPhone announcement. Including the price cut and the give-back. For gosh sakes, it's a 115 billion dollar company, he can afford to have pre-planned strategies for every scenario. And remember, most importantly--he is a perfectionist.]]>
Sun, 09 Sep 2007 15:21:49 -0400 1. Yes, Apple is making a statement, not to just the cellphone market but the computer market as well. The reduced price and fast growing sales rate firmly will place Apple as a leading contender in a few years. And the iPhone is now seen as a reasonably priced "on sale" item for the Christmas sales. To the computer market, Apple is stating that the future of data interaction is slowly moving away from desktops to handheld.

2. The pricing will actually promote a greater profit as estimated by a number of analysts rather than a earnings drop.

3. The price cut and give-back were not a fiasco at all. Jobs came off looking like a compassionate business leader with his next day announcement of the give-back. If he had announced the give-back on Wednesday, recent purchasers would have asked for more. Most customers did not show displeasure at the cut, realizing that the "I-got-one-first" buyers pay a premium but the news-sensationalizing media jumped on the few very vocal dissatisfied customers.

It should be obvious that Apple (Steve Jobs) has never paid much attention to the price of the stock, knowing it will eventually climb with sales of a good product regardless to the lack of splits, dividends, or investor messages. He seldom announces anything without it being a major Apple event, timing it perfectly to get the maximum spin and hype. I do not doubt that everything he did since the iPhone release was scripted from day one of the iPhone announcement. Including the price cut and the give-back. For gosh sakes, it's a 115 billion dollar company, he can afford to have pre-planned strategies for every scenario. And remember, most importantly--he is a perfectionist.]]>
Apple's iPhone Price Cut: An Unfair Blow to Shareholders http://seekingalpha.com/article/46648-apple-s-iphone-price-cut-an-unfair-blow-to-shareholders?source=feed#comment-95463 95463
Just wait until the next two quarterly reports come out. Apple stock will amaze...no, stupify, the entire market. They have maintained huge growths in all of their sectors from iTune sales, Mac sales, iPod sales, (not to mention the soon-to-be released OS) and they more than likely are working on 2 million units in sales of the iPhone. And the icing on the cake is that all of the iPhone sales are figured in over a two year prorated period. So if sales were to drop due to economic factors, such as the current credit crunch or pending recession, their mix of prorated and realized profits should bridge the gap until things get back to normal. Clever!

Ah, if only Jobs could somehow run our government's budgetary goals! ]]>
Fri, 07 Sep 2007 16:25:57 -0400
Just wait until the next two quarterly reports come out. Apple stock will amaze...no, stupify, the entire market. They have maintained huge growths in all of their sectors from iTune sales, Mac sales, iPod sales, (not to mention the soon-to-be released OS) and they more than likely are working on 2 million units in sales of the iPhone. And the icing on the cake is that all of the iPhone sales are figured in over a two year prorated period. So if sales were to drop due to economic factors, such as the current credit crunch or pending recession, their mix of prorated and realized profits should bridge the gap until things get back to normal. Clever!

Ah, if only Jobs could somehow run our government's budgetary goals! ]]>
Amazon's Unbox Grabs NBC Programming From iTunes http://seekingalpha.com/article/46426-amazon-s-unbox-grabs-nbc-programming-from-itunes?source=feed#comment-95351 95351 Thu, 06 Sep 2007 16:43:44 -0400 The Week Ahead: Earnings Galore http://seekingalpha.com/article/41822-the-week-ahead-earnings-galore?source=feed#comment-92640 92640
Unfortunately the earnings were up but the stock went down...go figure.]]>
Wed, 01 Aug 2007 20:59:02 -0400
Unfortunately the earnings were up but the stock went down...go figure.]]>
The Week Ahead: Earnings Galore http://seekingalpha.com/article/41822-the-week-ahead-earnings-galore?source=feed#comment-92598 92598 Wed, 01 Aug 2007 09:58:02 -0400 The Week Ahead: Earnings Galore http://seekingalpha.com/article/41822-the-week-ahead-earnings-galore?source=feed#comment-91943 91943 Mon, 23 Jul 2007 12:45:51 -0400 The Subprime Disaster: How Long Can the Experts Live in Denial? http://seekingalpha.com/article/40834-the-subprime-disaster-how-long-can-the-experts-live-in-denial?source=feed#comment-91059 91059 Thu, 12 Jul 2007 13:56:28 -0400