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Capt'n Wisdom

Capt'n Wisdom
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  • Apple 'Slingshot' In Full Effect - Part 3 [View article]
    Let me try to explain the 30 day wash rule effect. Suppose you bought AAPL in 2010 at $300, and you believe that AAPL will still be at the current price or lower for the next 30 days. You sold AAPL today at $525, took $225 in profit at 2012 tax rates, and you expect a rebound in 2013 with a new cost basis of $525 or less when you repurchase those shares in 31 days. If you are expecting long term capital gains tax rates to be 5% higher next year, then you just reduced your future tax burden by .05 x $225 = $11.25 per share. This looks even better if you hope to be able to buy those replacement shares at a little bit lower price than you sold them.
    Nov 16, 2012. 05:02 AM | Likes Like |Link to Comment
  • Why Apple Will Miss Earnings And Trade Below $600 [View article]
    Where is your reply to this Qineqt?
    Oct 24, 2012. 08:40 PM | 2 Likes Like |Link to Comment
  • Sharp has finally started shipping LCD screens for the iPhone 5 following weeks of delays, the WSJ reports. The deliveries should help ease fears about whether Apple (AAPL) will be able to meet demand for the device, which the company introduced yesterday and for which pre-orders will begin tomorrow. Sharp is one of three screen suppliers for the iPhone 5. [View news story]
    Wonderfully written. If you don't already write for a living, perhaps you should.
    Sep 13, 2012. 09:15 AM | Likes Like |Link to Comment
  • Community Health Systems Is One Cheap Stock [View article]
    I'm glad I didn't follow your advice.
    S&P +0.37%
    HMA -7.67%
    CYH +15.0%
    THC -24.96%
    UHS - 8.52%
    LPNT -8.52%
    Jul 26, 2012. 02:26 PM | Likes Like |Link to Comment
  • More on Apple: Though a huge Apple (AAPL) fan, Piper's Gene Munster has mixed feelings about Siri after testing it out. Munster estimates Siri was able to comprehend 83% of queries, and delivered accurate results 62% of the time compared with 86% for Google (GOOG) search (per comScore's data). Still, he thinks the Siri updates accompanying iOS 6, along with Apple's mapping solution, will result in Google's share of iOS queries falling to 48% from 60%. (previous) (Google Now)  [View news story]
    Siri did not "get spanked". Both Siri and Google were 100% successful. The Nexus with pre-release Jelly Bean was slightly faster to respond, but in several cases the Siri answer was a significantly more complete. For example, siri showed more weather data, more detailed information on the angels game, and more information about Kobe (unless you prefer a phot of him instead of his stats). As for the "more natural voice", yes, Siri is not as natural, but neither is she as bland. I would much rather hear her weather report. She's an automaton with some attitude, and most users like that. Finally, the video shows both phones with a wifi signal. How do they perform without wifi? How about in weak signal areas? Were the google servers under load, or was this test using a non production or lightly used server?
    Jun 29, 2012. 07:35 PM | 1 Like Like |Link to Comment
  • More on Apple: Though a huge Apple (AAPL) fan, Piper's Gene Munster has mixed feelings about Siri after testing it out. Munster estimates Siri was able to comprehend 83% of queries, and delivered accurate results 62% of the time compared with 86% for Google (GOOG) search (per comScore's data). Still, he thinks the Siri updates accompanying iOS 6, along with Apple's mapping solution, will result in Google's share of iOS queries falling to 48% from 60%. (previous) (Google Now)  [View news story]
    When I walk my dog, I have Siri play the music I want. She gets it right 100% of the time, but about a quarter of my requests take a second try. That's fine. Nobody else would follow through on my requests that well. I use Siri to make most of my phone calls, and the accuracy is similar. She gets my retail lookups right about 60% of the time, but that gives me a big savings over having to load up safari and type in the same query via Google search.

    Remember, I'm walking my dog while I do this. Stopping to type is a PITA. My dog loves to chase squirrels, and it's no fun being hunched over your phone typing, with the leash around one wrist, only to have the phone yanked out of your hand when she makes a lunge for a critter 100 feet away. Apple should teach Siri to train dogs! Now that's an app worth paying for.

    Ps: I walk with my phone in my back pocket and a set of Apple earbuds in my ears -- unless I can't find any of my pairs that day.
    Jun 29, 2012. 02:01 PM | 3 Likes Like |Link to Comment
  • More on Apple: Though a huge Apple (AAPL) fan, Piper's Gene Munster has mixed feelings about Siri after testing it out. Munster estimates Siri was able to comprehend 83% of queries, and delivered accurate results 62% of the time compared with 86% for Google (GOOG) search (per comScore's data). Still, he thinks the Siri updates accompanying iOS 6, along with Apple's mapping solution, will result in Google's share of iOS queries falling to 48% from 60%. (previous) (Google Now)  [View news story]
    I use Siri every day. It's more accurate than my typing.
    Jun 29, 2012. 01:57 PM | 3 Likes Like |Link to Comment
  • A proposed Chinese smartphone law has Apple (AAPL), Google (GOOG), and others on edge. While supposedly aimed at protecting user data from malware, the law's requirement that OEMs make sure their phones and any apps available on them meet with Chinese laws and standards has companies worried it will increase compliance costs, slow phone releases, and act as a means of censorship - the last issue is no small matter for Google. China is now the world's largest smartphone market.  [View news story]
    They have regulations similar to our own. However, enforcement is spotty, and often depends on influence and baksheesh.
    Jun 29, 2012. 12:39 PM | Likes Like |Link to Comment
  • Piper's Gene Munster details the reasons he sees Apple (AAPL -0.6%) reaching $1,000 over the next couple of years. Among them: a completely redesigned iPhone; an Apple TV set going for $1,500-$2,000; limited iPhone subsidy cuts (partly due to the low churn rates of iPhone users); continued margin strength; China demand; soaring tablet sales; and enterprise Mac/iOS adoption.  [View news story]
    Imagine if the next iPhone, or perhaps the one after, is truly a substitute for a physical wallet. Then add ICloud and iTunes (ready made charge accounts) to the ecosystem, and maybe some Siri intelligence, you have a formula for lifelong comittment to letting Apple be the center of your consumption habits. Oh yes, and use a home information hub like "iTV" as your go to device for reviewing past activity, purchasing new goods, and entertaining in between. Really, do you think Jean Luc Picard had a lether thing in his back pocket to identify himself on alien worlds and pay for dinner?
    May 25, 2012. 10:51 AM | 1 Like Like |Link to Comment
  • Dell Beats Apple In Relative Value [View article]
    Shawn,

    How about correcting your article -- or else please explain the 13.3% number for 1212.
    Jan 20, 2012. 04:23 PM | 1 Like Like |Link to Comment
  • Dell Beats Apple In Relative Value [View article]
    Exactly my thoughts. Is there something we don't understand? If not, the 13% gain for 2012 is a big error.
    Jan 20, 2012. 04:21 PM | Likes Like |Link to Comment
  • FOMC Day: Near Term Top Is Likely In [View article]
    Andy,

    I get the sense that this is a very strong holiday sales year. Call it pent up demand, recovery, or whatever. If we do get strong holiday retail sales and strong year-end corporate purchasing (e.g., IT investments, inventory buildup), would you change your view of the January market?
    Dec 22, 2010. 08:56 AM | Likes Like |Link to Comment
  • FOMC Day: Near Term Top Is Likely In [View article]
    Andy,

    Volumes (e.g., SPY) were weak this time last year, but the price run up continued till mid-Jan 2010. What's different this year?

    Hank
    Dec 15, 2010. 10:04 AM | Likes Like |Link to Comment
  • Apple Trading Even With the S&P 500 [View article]
    I have owned Apple stock for the past 5 years. At this point I would happily trade the further price appreciation in AAPL for my share of Apple's cash and profit going forward. Therefore, I'm saying that, for whatever reason, the price of Apple's stock is too low, and I think this will continue. Presumably the market thinks there is more risk to Apple than I do.
    Oct 31, 2010. 12:16 PM | 2 Likes Like |Link to Comment
  • The Bull Run Begins This Week [View article]
    Could we please have the Author's disclosure? Long AAPL?
    Jan 19, 2009. 12:54 AM | 3 Likes Like |Link to Comment
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