Seeking Alpha

2MuchDebt

2MuchDebt
Send Message
View as an RSS Feed
View 2MuchDebt's Comments BY TICKER:
Latest  |  Highest rated
  • Best Buy advertises iPhone trade-in offer [View news story]
    Valid 8/15/13–8/18/13... 4 day offer
    Aug 16 09:44 AM | Likes Like |Link to Comment
  • July Nonfarm Payrolls +162K, unemployment rate 7.4% [View news story]
    Bernanke will not taper anytime soon nor will the next Chairman/Chairwoman, irrespective of the data. This guy doesn't want to take his foot off the gas and probably won't know when to do so. He's really enjoying the limelight as long as he can.
    Aug 2 08:55 AM | 2 Likes Like |Link to Comment
  • Apple (AAPL) roundup: 1) Russia's top 3 carriers - MTS (MBT), VimpelCom (VIP), and Megafon - have decided to stop carrying the iPhone, citing Apple's purchase, subsidy, and marketing requirements. MTS and VimpelCom have 300M+ subs between them in various emerging markets. 2) Fingerprint sensor and LCD driver chip yield issues will lead ~3M iPhone 5S units to be delayed from calendar Q3 to Q4, Digitimes reports. 3) Frost & Sullivan estimates Apple TV had a 56.1% share of the 2012 IP streaming device market. 4) Evercore observes rumored M&A target PrimeSense has developed tech that's applicable to gaming and smart TV controllers, as well as a sensor chip for notebooks/tablets. (iOS 7/game controllers: I, II[View news story]
    Denial... So losing 300 million potential customers is peanuts?! It's not just the Russian market either. 13 million units sold in Russia in 2012 (not including carrier sales outside of Russia). The key here is 69% growth over 2011 figures. That kind of growth is key for Apple. U.S. market is saturated. Carrier push back will become a bigger issue for Apple in coming years.
    Jul 17 08:21 AM | 1 Like Like |Link to Comment
  • Apple (AAPL) roundup: 1) Tim Cook is set to testify before Congress during a hearing about corporate offshore cash. He's defending Apple in advance, and says the company will offer tax reform proposals. 2) Though a number of big hedge funds pared or unwound their Apple positions in Q1, the number of "top-tier" funds with positions held steady at 148, per Insider Monkey's analysis. 3) A couple of intriguing Apple patent applications: one for an iPhone-based e-wallet with transaction-specific "smart menus," and one for a large-display touch sensor panel meant to improve response times. [View news story]
    Sounds like a great way for identity theft to increase exponentially. I'm not buying into this e-wallet trend and think it could be disastrous.
    May 17 08:53 AM | Likes Like |Link to Comment
  • Apple (AAPL -1.3%) roundup: 1) Bloomberg reports Jony Ive's team is "racing to finish iOS 7," expected to feature a major UI overhaul, in time for a preview at June's WWDC. This meshes with what John Gruber reported hearing a month ago. Bloomberg also reports Ive has "met with makers of gesture [recognition] technology" - is Leap Motion among them? 2) Top Apple shareholder Fidelity Contrafund cut its stake by 12% in Q1; fund manager Will Danoff is worried about competition and margin pressure (previous). 3) Apple's collaboration with automakers has reportedly extended to creating in-car consoles that support iPhone docking and access to Maps/Siri. [View news story]
    That's mainly because its largest holding was Apple! Contrafund was the second largest mutual fund holder of Apple as of Feb 2013. Contrafund has outperformed the S&P 500 by 3.24 percentage points per year over the past 15 years. Not a bad track record rocback!
    May 1 03:47 PM | 2 Likes Like |Link to Comment
  • Apple (AAPL) roundup: 1) 9to5 Mac reports iOS 7's Jony Ive-designed UI has shed "all signs of gloss, shine, and skeumorphism." The WSJ reported something similar in March. 9to5 also reports iOS 7 sports new icons, toolbars, and tab bars.  2) OS X 10.9 (Cabernet) will reportedly feature an improved Finder app and possibly iOS-like multitasking and app-pausing features. 3) ISI's Brian Marshall claims he "got cold feet" when going to buy a Galaxy S4, due to 6 years of relying on Apple's "flypaper-like" ecosystem. "In the tech industry, one of the most under-valued assets ... is the stickiness of an installed base." But he still considers a bigger iPhone a must. [View news story]
    An updated / revamped operating system would be a big plus for Apple. The iPhone is great, but the user interface feels a little stale and somewhat inefficient. I'm looking forward to iOS 7 release. There is a lot of room for improvement and I hope Apple capitalizes on the opportunity.
    Apr 29 09:49 PM | 1 Like Like |Link to Comment
  • Apple (AAPL): FQ2 EPS of $10.09 beats by $0.02. Revenue of $43.6B (+11% Y/Y) beats by $1.1B. 37.4M iPhones, 19.5M iPads, just under 4M Macs. Expects FQ3 revenue of $33.5B-$35.5B, below $39.3B consensus. Buyback increased by $50B. Shares halted. CC at 5PM ET (webcast). (PR[View news story]
    Large increase in share buyback authorization and increase in dividend and stock price flat... I thought Apple bulls said these catalysts would boost the stock price significantly (say $100+)? What say you?
    Apr 23 08:57 PM | Likes Like |Link to Comment
  • A little more on Apple: Implied FQ2 iPhone ASP of $613, down from FQ1's $641 (was emerging markets discounting or a mix shift to older iPhones the culprit?). iPad ASP was $449, down from FQ1's $467 (shift to iPad Mini). Mac ASP of $1,378, up from FQ1's $1,359. iTunes/Software/Services revenue +30% Y/Y to $4.11B. Accessories +15% to $1.38B. R&D spend +33% Y/Y to $1.12B, SG&A +14% to $2.67B. Cash balance stood at $145B at quarter's end, up from prior $137B. AAPL resumes trading, shares are up 5.4% AH. [View news story]
    Unfortunately after hours gain has dwindled to $1 (or 0.25%). Clearly not impressed.
    Apr 23 05:58 PM | 1 Like Like |Link to Comment
  • BlackBerry (BBRY +3.8%) is off its premarket highs, but still up following mixed FQ4 results. BB10 shipments were roughly in-line with consensus. Total BlackBerry shipments -13% Q/Q and -23% Y/Y (they fell 7% Q/Q and 51% Y/Y in FQ3), and the BlackBerry sub base fell by 3M Q/Q to 76M. However, gross margin rose 970 bps Q/Q and 660 bps Y/Y to 40.1%, fueling the EPS beat. Opex +3% Q/Q and -8% Y/Y (exc. last year's goodwill charge) vs. a 36% revenue drop. Cash balance unchanged Q/Q at $2.9B. A 50% Q/Q increase in marketing spend is forecast, but BlackBerry still expects FQ1 results to be near breakeven, above a -$0.12 EPS consensus. [View news story]
    If / when people start to realize the Z10 is a great smartphone (which it is), I think you'll see a lot of people move from the Android and iOS platforms to BB10. And to think the Z10 is Blackberry's first smartphone without a physical keyboard. Good things to come from Blackberry in the smartphone realm.
    Mar 28 05:28 PM | 1 Like Like |Link to Comment
  • BlackBerry (BBRY +3.8%) is off its premarket highs, but still up following mixed FQ4 results. BB10 shipments were roughly in-line with consensus. Total BlackBerry shipments -13% Q/Q and -23% Y/Y (they fell 7% Q/Q and 51% Y/Y in FQ3), and the BlackBerry sub base fell by 3M Q/Q to 76M. However, gross margin rose 970 bps Q/Q and 660 bps Y/Y to 40.1%, fueling the EPS beat. Opex +3% Q/Q and -8% Y/Y (exc. last year's goodwill charge) vs. a 36% revenue drop. Cash balance unchanged Q/Q at $2.9B. A 50% Q/Q increase in marketing spend is forecast, but BlackBerry still expects FQ1 results to be near breakeven, above a -$0.12 EPS consensus. [View news story]
    @SoldHigh: I agree. I walked into a local Verizon store today; no signage for the Z10. I played around with the Z10 for about 10-15 minutes. The phone is awesome. Great user reviews as well from AT&T and Verizon customers.
    Mar 28 04:32 PM | Likes Like |Link to Comment
  • Samsung: A Whole New Galaxy [View article]
    What about if you're eating and your hands are dirty? I would like to have the no touch features for something like that. Contrary to your narrow minded beliefs, some people will find value in these new features. Adding NFC will be a useful feature, right? Samsung already has it. I agree that fingerprint technology would be a plus. While the iPhone is a great phone, Apple didn't add any great new features in the iPhone 5 (except for 4G, which was already behind the curve and ultimately expected) and some Apple users noticed. If Apple came out with the new features in the S4 you would probably find a way to spin it as a positive. We will all see whether or not the S4 will be a success. I believe it will be well received. I also believe if Apple came out with a bigger screen it would be a positive for unit sales.
    Mar 21 09:34 PM | Likes Like |Link to Comment
  • More on the Galaxy S IV: Samsung continues doing everything it can to differentiate itself via software, even as the OS and many of its core apps for its hardware are provided by Google (GOOG). The S IV features a text/speech translator (9 languages), the ability to transfer data from any phone witha PC's help, a health-tracking app that can leverage the phone's pedometer and sync with blood pressure monitors, and the ability to control home electronics via infrared. There's also Samsung's eye-tracking and touch-free gesture tech (as rumored). No kitchen sink just yet. (live blog[View news story]
    I agree bgold. I expect the user would have that option (or hope they would at least!).
    Mar 15 04:31 PM | Likes Like |Link to Comment
  • Live from New York, it's the Samsung (SSNLF.PK) Galaxy S IV. Mobile chief JK Shin has unveiled Samsung's new flagship device, which happens to look a lot like its predecessor. The S IV, said to support every 4G LTE band, will go on sale in late April (U.S. availability might take longer). The expected 5" 1080p display and 13MP camera are there, the next-gen 802.11ac Wi-Fi standard is supported (could be a positive for BRCM), and infrared, temperature, and humidity sensors are thrown in. A variety of camera tricks/gimmicks are provided, including the ability to simultaneously record video from both cameras. (live blog) (previous[View news story]
    The S4 isn't even on sale yet. Why would there be lines at phone stores for the S4 at this point?! S4 will sell very well (certainly better than S3), but won't be an iPhone killer. I think it has the potential to be on par with the iPhone.
    Mar 15 01:44 PM | Likes Like |Link to Comment
  • More on the Galaxy S IV: Samsung continues doing everything it can to differentiate itself via software, even as the OS and many of its core apps for its hardware are provided by Google (GOOG). The S IV features a text/speech translator (9 languages), the ability to transfer data from any phone witha PC's help, a health-tracking app that can leverage the phone's pedometer and sync with blood pressure monitors, and the ability to control home electronics via infrared. There's also Samsung's eye-tracking and touch-free gesture tech (as rumored). No kitchen sink just yet. (live blog[View news story]
    @harsh: I appreciate the level head and objective comment. I think some of the new features will be adopted and liked by some people and not by others. I do hope the battery life improves. I didn't hear about a new battery in the phone. Was an improved battery part of the S4? Either way, I think the S4 will be a solid product. I think the Note product line has been successful too, but not to the extent of the Galaxy series (not as widely adopted by consumers). Note that Samsung has a different business strategy than Apple (reverse engineering). Thanks for the post!
    Mar 15 08:05 AM | Likes Like |Link to Comment
  • More on the Galaxy S IV: Samsung continues doing everything it can to differentiate itself via software, even as the OS and many of its core apps for its hardware are provided by Google (GOOG). The S IV features a text/speech translator (9 languages), the ability to transfer data from any phone witha PC's help, a health-tracking app that can leverage the phone's pedometer and sync with blood pressure monitors, and the ability to control home electronics via infrared. There's also Samsung's eye-tracking and touch-free gesture tech (as rumored). No kitchen sink just yet. (live blog[View news story]
    @the_value: I hear you and good point. It is definitely not the death of the iPhone, but it is certainly not "a lot of hype over nothing". I think the S4 will be a great phone with new, useful, interesting and improved features. It's good to see other phone manufacturers coming out with some competitive smartphones.
    Mar 14 11:08 PM | Likes Like |Link to Comment
COMMENTS STATS
210 Comments
317 Likes