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2MuchDebt

2MuchDebt
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  • There are now over 35K apps in the Windows 8 Store, per tracking site MetroStore Scanner. That figure represents an increase of 15.6K in the last 35 days, and suggests many developers (though not Google) are coming around due to the size of the global Windows (MSFT) base. But early demand remains light: Fujitsu just said it could miss its FY13 PC shipment forecast (set in October) due to "weak" Win. 8 demand. [View news story]
    haha, that's great
    Dec 28 01:35 PM | Likes Like |Link to Comment
  • Apple And Microsoft: A Holiday Retail Study [View article]
    You're partially right. Investing is about profits and growth rate of profits. Last time I checked Apple's profits and profit growth rates are substantially larger than Microsoft's... Holiday sales tend to be the biggest top line and bottom line contributor for tech products so holiday sales/profits are important for investing. Don't be fooled.

    Apple's R&D expense is 1/3 of Microsoft's and look at Apple's profitability and sales compared to Microsoft. Sorry, but not much of a comparison! Apple is much more efficient with each R&D dollar spent.
    Dec 21 04:58 PM | Likes Like |Link to Comment
  • Apple (AAPL -0.4%) is down just slightly in spite of Citi's downgrade: iPhone order cuts and soft regular iPad sales seem priced in with multiples soundly in value territory, and many analysts are making it clear they're still fans. Canaccord's Milke Walkley is the latest to slash estimates (though reiterating a Buy), citing "softer sales expectations in international markets, primarily in Europe." Included in the Citi downgrade is U.S./U.K. survey data noting a growing consumer preference for bigger displays: 47% of iPhone owners said their preferred screen size is 4.1"-4.5". [View news story]
    I wonder if Matthew Lynn and Charles Golvin still have a job. Nice post rperson.
    Dec 17 12:58 PM | Likes Like |Link to Comment
  • Apple (AAPL) is taking it on the chin again this morning as chatter about weak iPhone 5 demand in China, and UBS taking its price target on the stock down to $700 from $780 has the shares off 2.2% premarket. [View news story]
    So you're short Apple I take it?
    Dec 14 09:10 AM | Likes Like |Link to Comment
  • J.C. Penney Liquidity Concerns Are Overblown; Q4 Likely To Squeeze Shorts [View article]
    Thank you for the article. I appreciated the liquidity analysis.
    Dec 11 01:45 PM | Likes Like |Link to Comment
  • More on the fiscal cliff talks: The President's opening bid - delivered this afternoon by Tim Geithner - calls for a $1.6T tax increase, a $50B economic-stimulus program, and delivering to the WH the power to raise the federal debt limit without congressional approval. It's a "step backward," says Mitch McConnell. It sounds more like what it's described as: An opening bid. [View news story]
    Well stated Wyatt and Tack's post gave me a chuckle
    Nov 30 12:31 PM | Likes Like |Link to Comment
  • More on Nonfarm Payrolls: The +171K October print is accompanied by big revisions higher to September (+34K to 148K) and August (+50K to 192K). Average workweek didn't budge, remaining at 34.4 hours for the 4th straight month. Average hourly earnings down $0.01 to $23.58, +1.6% Y/Y. Thus far in 2012, employment growth has averaged 157K/month, up a hair from 153K in 2011. [View news story]
    bbro: so there's no recession? (btw this is sarcasm). You include this phrase in almost every post. Who are you trying to convince? You're certainly not a genius for making such a post...
    Nov 2 09:01 AM | Likes Like |Link to Comment
  • Initial Jobless Claims: -9K to 363K vs. 369K consensus, 369K prior. Continuing claims +4K to 3.26M. [View news story]
    And once the U.S. economy heads south again (eventually it will happen), monetary and fiscal policy will be all out of dry powder.
    Nov 1 10:54 AM | Likes 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 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 12:05 PM | Likes 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 12:48 PM | Likes 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 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 09:09 AM | 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 11:52 AM | Likes Like |Link to Comment
  • Greece has until the end of November before its money runs out unless it receives the next tranche of its bailout, PM Antonis Samaras tells German newspaper Handelsblatt. Touching a German nerve by comparing Greece to the Weimar Republic, Samaras says the ECB could assist by accepting lower interest rates on its Greek debt and roll them over, while the ESM could be used to recapitalize the country's banks. [View news story]
    Money well spent. I'd rather have a big bonfire with $100 bills.
    Oct 5 08:06 AM | Likes Like |Link to Comment
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