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2MuchDebt

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  • Cook defends 5C's pricing, analysts set weekend iPhone targets [View news story]
    Good point bgold. That's a nice improvement with the 5, 5c or 5s.

    tech: I am fully aware that other people have reason to buy the 5c, 5s and/or 5. I am providing my opinion, for whatever it is worth (clearly nothing to you). I am not the only person who feels this way. There are very minimal internal upgrades that actually provide immediate benefit to the user in the 5s and none in the 5c when compared to the 5. A little more so when compared to the 4s, but not a lot. That's my point.
    Sep 19 02:55 PM | Likes Like |Link to Comment
  • Cook defends 5C's pricing, analysts set weekend iPhone targets [View news story]
    The problem is the new iPhones don't offer anything materially better than the 4s. We all have iOS 7 now. I know people will talk about the A7 chip. How much faster can a phone get? I can't see my 4s getting noticeably faster. The fingerprint scanner is worthless to me at this point. Maybe bigger and better is coming in the future with respect to the fingerprint sensor, but it's just a way to unlock your phone right now. I see no reason to upgrade my phone to a 5c or 5s unless it fails or breaks. I'm content with my 4s.
    Sep 19 12:50 PM | Likes Like |Link to Comment
  • Apple announces iPhone 5C; 16GB version to sell for $99 with contract [View news story]
    iPhone 5C 16GB model costs $549 with no contract?! Certainly not a low cost iPhone...
    Sep 10 02:21 PM | 4 Likes Like |Link to Comment
  • iPhone 5S launched, A7 CPU uses 64-bit architecture [View news story]
    I agree mostserene1. To look at it another way: will the new iPhones prevent current iPhone owners from switching to Android (or maybe Windows)? I was hoping for something bigger/better. I have an iPhone, but will certainly consider other phones now as I'm disappointed with the new iPhones. I will be looking at a Galaxy Note 3 or HTC One. Good luck with your investments and thanks for the post!
    Sep 10 02:16 PM | 2 Likes Like |Link to Comment
  • Apple announces iPhone 5C; 16GB version to sell for $99 with contract [View news story]
    iPhone 5C resembles the Moto X. If they sell it in the U.S. I think it will negatively impact Apple's brand image. Looks cheap. iPhone 5S has improved graphics so gamers will likely be happy. Unimpressed so far. Highlighting Infinity Blade 3??? Who cares. Not a big step at all above the iPhone 5, which will now no longer be produced... Looks like they are taking some ideas from Samsung's products (with the M7 chip to track health and fitness). Same poor battery life of iPhone 5 in the iPhone 5S. I would have expected a much larger battery.
    Sep 10 01:47 PM | Likes Like |Link to Comment
  • 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
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