Seeking Alpha

2MuchDebt

2MuchDebt
Send Message
View as an RSS Feed
View 2MuchDebt's Comments BY TICKER:
Latest  |  Highest rated
  • Apple (AAPL): FQ4 EPS of $8.67 misses by $0.08. Revenue of $36B (+27% Y/Y) beats by $200M. 26.9M iPhones sold, 14M iPads, 5.3M iPods. Shares halted. (PR[View news story]
    Earnings and the accompanying commentary tell a story. Nothing is noise. Being successful in the stock market is not about doing arithmetic after the fact. If that's your strategy in this market, good luck because you've already lost out on the gains/opportunities.
    Oct 25, 2012. 04:58 PM | 1 Like Like |Link to Comment
  • Apple (AAPL): FQ4 EPS of $8.67 misses by $0.08. Revenue of $36B (+27% Y/Y) beats by $200M. 26.9M iPhones sold, 14M iPads, 5.3M iPods. Shares halted. (PR[View news story]
    Don't forget the unending calls that the stock is significantly undervalued and any decline is a buying opportunity.
    Oct 25, 2012. 04:49 PM | 5 Likes Like |Link to Comment
  • Apple (AAPL): FQ4 EPS of $8.67 misses by $0.08. Revenue of $36B (+27% Y/Y) beats by $200M. 26.9M iPhones sold, 14M iPads, 5.3M iPods. Shares halted. (PR[View news story]
    FQ4 EPS of $8.67 misses by $0.08. That's how: it's an earnings miss.
    Oct 25, 2012. 04:42 PM | 1 Like Like |Link to Comment
  • Apple (AAPL +0.6%) estimates were lowered today in response to Tim Cook's iPad comments and worries about iPhone 5 supply issues. But with shares now at 11x FY12E EPS (exc. cash), these concerns might be baked in ahead of tomorrow's report. The iPad Mini's pricing is yielding plenty of debate. Nomura: "A 65% price premium ($129) is significant and ... allows for Amazon and Google to continue to build out their positions." Baird: "Though priced above [rivals], the device is thinner, lighter, boasts a bigger screen and better cameras, and ... much wider app selection." [View news story]
    Apple's TTM P/E valuation hasn't changed much over at least the last year (currently at 14.4). With the amount of coverage Apple receives, why would you think Apple's stock is "on sale"? I don't think such a large valuation differential would exist that long and yet so many small investors tout Apple as a screaming buy on a daily basis. What do you think is an appropriate TTM or forward P/E valuation?
    Oct 25, 2012. 12:33 PM | Likes Like |Link to Comment
  • On the hour: Dow -1.1%. 10-yr +0.33%. Euro -0.35% vs. dollar. Crude -1.2% to $91.42. Gold -1.43% to $1719.75. [View news story]
    Quick: buy Apple...
    Oct 19, 2012. 12:05 PM | Likes Like |Link to Comment
  • Stop worrying about the election, the fiscal cliff or the state of the economy for that matter, advises John Bogle. Investors need to stay focused on the long haul, regardless of market conditions, Bogle says. Good business will survive, so focus on investing rather than speculating. “Get out of the casino, own corporate America and hold it forever.” [View news story]
    Obama, or government more generally, has little to do with corporate America's profitability. Corporate America learned valuable lessons from the recent recession that have nothing to do with government, including implementing more lean cost structures, and these lessons magnified profitability as demand returned. Unfortunately this is the kind of mind set many people may have come election time. There is a great divide, however, between corporate America's profitability and the well being of its citizens. The increased number on welfare programs highlights this great divide as more people have become addicted to government assistance and have the "entitlement" mindset. Obviously there are many people who are out of work and working hard to get a job and I feel for those people. So before you vote (and I don't care which way you vote) understand that Obama and his support staff don't deserve too much credit or too much blame for the profitability of America as a whole. Corporations will generally find a way to be successful and profitable. It's just been more difficult under the Obama administration.
    Oct 17, 2012. 08:55 PM | 1 Like Like |Link to Comment
  • More on Windows 8: 1) A recent Forrester survey adds to fears of poor enterprise adoption. Only 1/3 of respondents said they expect/plan to use Windows 8, compared with 2/3 who said the same about Windows 7 in '09. 2) Shipping times for the $499 Windows RT Microsoft Surface model have risen - Microsoft reportedly ordered 3M-5M Surface units for Q4. 3) Windows RT and its pre-installed apps consume 12GB of storage (12x more than iOS). [View news story]
    Oops!
    Oct 17, 2012. 02:09 PM | 1 Like Like |Link to Comment
  • More on Windows 8: 1) A recent Forrester survey adds to fears of poor enterprise adoption. Only 1/3 of respondents said they expect/plan to use Windows 8, compared with 2/3 who said the same about Windows 7 in '09. 2) Shipping times for the $499 Windows RT Microsoft Surface model have risen - Microsoft reportedly ordered 3M-5M Surface units for Q4. 3) Windows RT and its pre-installed apps consume 12GB of storage (12x more than iOS). [View news story]
    I hear you on #3 in principle, but who cares about an extra 11GB of used storage when standard hard drives now store 500GB at the low end and up to 2T on the high end. Windows 8 only consumes an extra 2.2% of hard drive space on the low end and 0.55% on the high end. System performance/features matters more.
    Oct 17, 2012. 12:48 PM | Likes Like |Link to Comment
  • According to a recent study, it appears that taking a multivitamin daily could reduce the risk of cancer. A large clinical trial of nearly 15K older male physicians followed for more than a decade found that those taking a daily multivitamin experienced 8% fewer cancers than the subjects taking dummy pills. Researchers say that it's a statistically significant reduction, and the findings will be presented today at an American Association for Cancer Research conference. Vitamin Shoppe (VSI +1%) and GNC Holdings (GNC +0.3%) both move higher on the report. [View news story]
    There have been many studies about the health benefits of multivitamins. Unfortunately a lot of the studies, some of which include larger test groups, show just the opposite is true; that multivitamins negatively affect a person's health.
    Oct 17, 2012. 12:40 PM | 1 Like Like |Link to Comment
  • Spain could ask for a bailout in November, Reuters reports, adding that any request would be dealt with at the same time as a new debt program for Greece and a rescue of Cyprus. The report follows the ECB's Benoit Coeure saying on Friday that the bank could buy Spanish bonds even without the involvement of the ESM if Spain signs an MOU on the conditions for aid. [View news story]
    These guys are creative!
    Oct 15, 2012. 09:11 AM | Likes Like |Link to Comment
  • The Fed will not respond in a "hasty manner" to good news on growth, says FRBNY President Dudley, reiterating the central bank's intention to continue with QE and ZIRP even after the economy picks up. As for the puny yields at the long end of the Treasury curve, they're not a bubble, he says. Feel better? [View news story]
    Comical commentary from Dudley. The Fed is loosing credibility in my mind.
    Oct 15, 2012. 09:09 AM | Likes Like |Link to Comment
  • The U.S. is heading towards fiscal disaster and no one in Washington is doing anything about it, warns a trio of experts. Erskine Bowles and Alan Simpson - authors the Simpson-Bowles reform plan - along with Goldman Sachs CEO Lloyd Blankfein are concerned that investors are putting way too much faith in Congress and the White House to work out a deal. Those people are just "whistling around the market" right now, and they're likely to get creamed, Simpson notes. "They really believe honestly that no Congress could be this stupid, and by God, they can.” [View news story]
    @Terry330: If you were offered a job where you would earn $1 million a year in salary and $2 million in additional benefits (stock options, bonus, etc) would you turn down the job opportunity? If you would turn down the job then good for you and I respect your arguments. However, if you would accept the job, which I would guess 99.9% of people would, then you are a hypocrite and your arguments are hollow. The U.S. is a capitalist society. If you dislike capitalism, I suggest you move to another country with different values.

    What is not brought to the American people's attention are the donations and philanthropic activity of the wealthy. I would like to see some stats on this, but I know some ultra wealthy give back to society through philanthropic activities.

    Some jobs offer more money than others. That's economics. It depends on the value created by the person in that job. Don't hate someone because they work hard or create a significant amount of value to someone or something. This reality won't change anytime soon.
    Oct 11, 2012. 10:15 PM | 1 Like Like |Link to Comment
  • The U.S. is heading towards fiscal disaster and no one in Washington is doing anything about it, warns a trio of experts. Erskine Bowles and Alan Simpson - authors the Simpson-Bowles reform plan - along with Goldman Sachs CEO Lloyd Blankfein are concerned that investors are putting way too much faith in Congress and the White House to work out a deal. Those people are just "whistling around the market" right now, and they're likely to get creamed, Simpson notes. "They really believe honestly that no Congress could be this stupid, and by God, they can.” [View news story]
    I don't know if any of you are watching the Vice Presidential debate, but the moderator is terrible. Interrupting Congressman Ryan constantly and clearly favoring Democrats. Very unprofessional. Also, Biden is incredibly disrespectful. He's a disgrace of a VP. He needs to learn public manners because it's embarrassing to think he's our VP. I am more right leaning (shocker, I know), but I would say the same thing if this debate were skewed towards Republicans. Any thoughts?
    Oct 11, 2012. 09:57 PM | 2 Likes Like |Link to Comment
  • In his first public speech since joining the central bank in May, Fed Governor Jeremy Stein (a FOMC voter) throws his full support behind QE. Worth keeping an eye on as he's likely to be a candidate to replace the chairman (should the President win reelection), Stein - like Bernanke - considers rising stock prices a sort of unofficial 3rd mandate of the Fed. [View news story]
    Nothing short of ludicrous
    Oct 11, 2012. 11:52 AM | Likes Like |Link to Comment
  • It's now been nearly 2 months the bulls in the AAII Investor Sentiment Survey have remained below average. For the week ended Oct. 10, the bullish camp shrank 3.3 points to 30.6%. Bears acquired players from both the bull and neutral teams, growing 5.6 points to 38.8%. [View news story]
    Tack: I'm not trying to be smart when I say this but if you're really bullish on equities then why isn't your portfolio more heavily skewed toward equities?
    Oct 11, 2012. 08:20 AM | 1 Like Like |Link to Comment
COMMENTS STATS
243 Comments
358 Likes