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2MuchDebt

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  • Apple Is Not Worth $460 [View article]
    @red: One definition of "contraction" means shrinking. How is Apple's EPS not shrinking when you compare Q1 of this year to Q1 of last year? Diluted EPS of $13.81/share for quarter ended 12/29/12 and diluted EPS of $13.87/share for the quarter ended 12/31/11. That's considered negative growth.

    About visibility: I meant Apple investors have little visibility into the future. How do you have any idea what's going to drive Apple's earnings in 5 years, let alone 3 years?

    Clearly you disagree with me and that's fine.
    Feb 20 12:53 PM | 1 Like Like |Link to Comment
  • Apple (AAPL) has slashed prices for three 13" MacBook models. The price of the 13" retina MacBook Pro with 128GB SSD has been cut by $200 to $1,499, and the 256GB model by $300 to $1,699. Meanwhile, the 13" MacBook Air with 256GB SSD has been cut by $100 to $1,399. Apple's 15" retina MacBook Pro models remain priced at $2,199 and $2,799, but both have been given faster Intel Core i7 CPUs, and the costlier model now sports twice as much RAM. The moves follow a quarter where Mac shipments fell 22% Y/Y, and revenue 16%. (PR[View news story]
    Margin compression for the investor and a few extra dollars in the pocket for the consumer.
    Feb 13 09:32 AM | 1 Like Like |Link to Comment
  • January Nonfarm Payrolls: +157K vs. consensus +160K, 196K previous (revised from 155K). Unemployment rate 7.9% vs. consensus 7.8%, 7.8% previous. [View news story]
    @IT: I understand where you're coming from. Also note though that the previous two months were revised significantly higher.

    "The change in total nonfarm payroll employment for November was revised from +161,000 to +247,000, and the change for December was revised from +155,000 to +196,000."
    Feb 1 08:39 AM | 1 Like Like |Link to Comment
  • Apple (AAPL) is working on a cheaper iPhone that could launch later this year, the WSJ reports. One source says the device could resemble the regular iPhone, but "with a different, less-expensive body." The cheapest iPhone currently sold (the 8GB iPhone 4) goes for $450 unlocked, putting it out of the reach of many emerging markets buyers, as well as some prepaid buyers in developed markets. The fact low-end Android phones sell for much less (sometimes less than $150 unlocked) has done wonders for Android's international share. [View news story]
    There are many that have been talked about, but I don't know for sure. I'm assuming nobody does unless they work at Apple. Did you know how big the iPhone would be before it was launched? Many people talked about the iPhone as if it would be a huge failure. Look at where it is now. All different types of tech companies have followed in Apple's footsteps due to its success. I'm offering a different perspective that I believe is reasonable. Would you disagree?

    Where is the 90% decline in profits at Apple that css speaks of?
    Jan 8 09:55 PM | 1 Like Like |Link to Comment
  • Apple And Microsoft: A Holiday Retail Study [View article]
    Innovation spurs long-term profitable growth in the technology sector. Clearly Microsoft has lost its innovative touch. It's just copying other products/business models from here on out. Good luck.
    Dec 21 08:40 AM | 1 Like Like |Link to Comment
  • The Google Maps (GOOG) iPhone app was downloaded over 10M times in its first 48 hours of availability, claims division chief Jeff Huber. Separately, Google has launched YouTube Capture, an iOS app meant to increase mobile upload activity for the video site. The app allows users to start shooting video immediately after launching, and begins uploading a file as soon as recording is finished. (previous[View news story]
    So management is never allowed to fumble, even once? They corrected the issue, apologized publicly and all is well. This was a lesson that will be good for the company because they will not want to put themselves in a similar position again.

    By the way good luck shorting Apple. Let me know how that goes. Your price target is ludicrous and you haven't provided any note-worthy analysis to back it up. Why is 300s more likely than 400s now? What ground-breaking news came out in the last day or so that would lend you to believe this?
    Dec 17 04:23 PM | 1 Like Like |Link to Comment
  • Offering bigger displays than the iPhone has helped Android gain smartphone share ... can it help tablet OEMs trying to challenge the iPad's high-end dominance? While a Microsoft insider claims a 14.6" "Surface Book" is being considered, SamMobile passes on a rumor that Samsung (SSNLF.PK) is working on a 13.3" tablet with a built-in keyboard dock. Barring hardware advances, devices of such size will get uncomfortable to hold after a while. Separately, reports are floating around that the Galaxy S IV will feature a 5" 1080p OLED display and 13MP camera. [View news story]
    Personally I'm not a fan of the larger phone trend. I think the iPhone5 is a great size and there's no need to go bigger. What is the appeal of having a larger phone? Please don't say watching movies...
    Dec 5 08:13 AM | 1 Like Like |Link to Comment
  • Apple (AAPL) announces the iPhone 5 will go on sale in China on Dec. 14, and the iPad Mini and 4th-gen regular iPad on Dec. 7. That gives Apple a little over 2 and 3 weeks, respectively, to rack up (authorized) Chinese sales of the devices in FQ1. The iPhone 5 launch was widely expected, given regulatory approval and China Telecom's (CHA)  pre-orders. Separately, Apple has begun selling the iPhone 5 unlocked in the U.S. at prices ranging from $649-$849. (PR[View news story]
    That may be racchole, but people love the iPhone and Apple products and Apple is selling them like crazy. As a shareholder, I don't care what people do with the phone as long as it's selling well and profit margins are fairly stable as volume will make up for any small declines in profit margin.
    Nov 30 12:42 PM | 1 Like Like |Link to Comment
  • Is Windows 8 making a bad situation worse for the (non-Apple) PC industry? NPD believes U.S. retail sales of Windows gear is down 21% Y/Y since Oct. 26, the day Win. 8 launched. Notebooks -24% and desktops -9%. Also, thanks to inventory-clearing and perhaps also a cautious enterprise response, Win. 8 has only made up 58% of Windows device sales since launch time, compared with 83% for Windows 7 in its first 4 weeks. 6% of Win. 8 notebook sales involved touchscreens, and ASPs rose to $477 from $433 in the year-ago period. (40M licenses[View news story]
    I agree. I have transitioned to Apple hardware and software. It's easy and reliable, unlike Microsoft.
    Nov 29 10:41 AM | 1 Like Like |Link to Comment
  • Apple (AAPL) reverses a sizable early decline and goes flat premarket as Gene Munster says his team's checks show iPhone 5 supplies are improving, and it may be just 2-3 weeks before the phone is "consistently available to consumers." [View news story]
    It's about time we see support for this stock. Even if growth and earnings slow, this stock is still attractive at these levels.
    Nov 9 08:43 AM | 1 Like Like |Link to Comment
  • More on Jobless Claims: Today's print and releases over the next few weeks are likely to be skewed by the Hurricane. At first, says UBS' Maury Harris, the numbers will be lower as claimants are unable to file. Later, the Hurricane "will undoubtedly cause" an increase. [View news story]
    @ bbro: The headline clearly states "Today's print and releases over the next few weeks are likely to be skewed by the Hurricane. At first, says UBS' Maury Harris, the numbers will be lower as claimants are unable to file. Later, the Hurricane "will undoubtedly cause" an increase." I don't admire your attempt at being a smart alec. The weekly jobless claims are still in the high 300k's no matter how you skew it.
    Nov 8 09:11 AM | 1 Like Like |Link to Comment
  • Initial Jobless Claims: -9K to 363K vs. 369K consensus, 369K prior. Continuing claims +4K to 3.26M. [View news story]
    It's scarier when you consider how so many people are already without jobs and companies have gone to extreme lengths to create lean work forces through significant job cuts over the past few years. You would think this number would be much lower in a healthy economy given the economic landscape. Plus the number is actually closer to 400,000, but I would see your point if the aforementioned weren't true.
    Nov 1 11:50 AM | 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]
    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 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]
    FQ4 EPS of $8.67 misses by $0.08. That's how: it's an earnings miss.
    Oct 25 04:42 PM | 1 Like 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 08:55 PM | 1 Like Like |Link to Comment
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