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Piptief

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  • 10 Reasons To Avoid Apple's Shares [View article]
    I would have appreciated this article if when I took the list of arguments and applied them to any of the current high flying tech stocks, it would provide the same results. Unfortunately it doesn't. So apple will remain a dud stock until Mr Market decides that it no longer is. It is as simple as that. Hence those investors with the longer view can hold onto their shares, because when people start to focus on current products only to bet against a company with enough cash to buy anything they want, which they pay hundreds of multiples for company's who only promise to things in the future, then we know that the decisions being made aren't that rational. If apple came out with two completely new product lines next month, this entire article but would worth zero. Since we don't know when this will happen, but can be pretty confident it will (worst case is they can buy anything they want ) then staying invested isn't a bad idea. I agree that on a relative value basis there are better plays for now. But I am surely not selling my shares to jump into another investment...will simply use new money to do that.warren Bufet has taught us a very valuable lesson.....stay true to your convictions on companies that can ride out any market conditions...and you will be rewarded handsomely in the long run. Apple is a company for the long run...it's cash pile is proof of that
    Feb 27 11:17 AM | 32 Likes Like |Link to Comment
  • Why Apple's Valuation Is Irrelevant [View article]
    Incredulous! This article would make sense if when we apply the reasoning to other tech stocks that have been flying high on absolutely no innovation whatsoever, the results were the same. The only facts here are that Wall Street has lost the love for apple, for reasons only they know. Whatever factors Wall Street wants to start buying the stock, one can only hope those will come to the front sometime in the next 12 months. In the meantime, they will continue to buy the teslas and the Facebook of this world on what has got to be fictitious valuation. This is more about sentiment than valuation, and right now sentiment rules. Ohh...I forgot about twitter! Gotta shake my head.
    Feb 26 11:11 AM | 24 Likes Like |Link to Comment
  • Apple's Earnings Mediocrity [View article]
    To be honest, there are too many opinions on what Apple should or shouldn't be doing to "turn the company around". It is unrealistic to expect the company to produce novel ideas each and every year...innovation simply doesn't work like that.

    It is not the lack of innovation that has apple shares down...it is too lofty expectations...if the share price had gone from 400 to 500 to 600 to 700 at year end instead of 420 to 700 everyone would be cheering..but the lofty expectations that were set at 700 because it had an incredible blowout year that has now resulted in difficult year over year comparisons is not cause for concern...we just have to be patient.

    apple should not do an overly excessive buyback, it shouldn't run to launch the next fad, it shouldn't listen to wall street...it should simply focus on what it does best, make the best products, deliver the best services, and when it has what it thinks is the next big hit, release a new product.

    Apple shouldn't be driven by the motive to beat analyst expectations for the next three months...stocks are medium to long term investments...and that's where apple should keep its focus..not on the next investment fad to artificially bump up its profits.

    I believe in apple, i am in it for the long haul

    Cheers

    J
    Oct 29 02:30 PM | 16 Likes Like |Link to Comment
  • Is Apple's iPhone Losing The Smartphone War? [View article]
    Absolutely brilliant analysis that debunks a lot of the fluff that some of the so-called "analysts" have been putting out there. The most egregious is the comparison of "market share" from supposedly "reputable" sources.

    No one seems to be comparing like for like anymore...dud phones that can only access the internet be classified as a smartphone and used to compare against the iphone is simply a mystery to me.

    Also, how channel stuffing shipments which usually end up with lots of dust in a warehouse somewhere due to low sales can be used to compare against apple's actual sale of phones is another mind boggling mystery.

    Anyhow, I will continue to appreciate those who do real analytical work and call it as they see it, as this article has done, rather than those who look for reasons to support their 'conclusion'.

    Thanks you for a great piece!

    Jason
    Nov 22 09:08 AM | 12 Likes Like |Link to Comment
  • Analyst Estimate Revisions From Strong iPhone Sales Should Drive Apple Stock Higher [View article]
    I take issue with your headline...investors should ignore wall street analyst estimates on apple...these analysts know nothing...they are absolute crap...their views sway with the wind...luckily i don't follow them when it comes to apple because there was simply no way that "analysts" could know more than the people running the world's largest company with the largest pile of cash on planet earth
    Sep 23 02:01 PM | 12 Likes Like |Link to Comment
  • Hey, Apple Longs, Don't Sweat The Mediocre Moto X [View article]
    Dagger55555...you are making the cardinal sin by reasoning that the only reason iPhone sales are going up is because the market is growing...market share doesn't mean squat unless you are comparing apples' with apples.

    The market share data that is relevant is the "high end" market, not the overall market share. Who cares if Samsung sells millions of smartphones to people in emerging markets who can't afford to buy an app, or can't afford to upgrade when a new version of the phone comes out?

    Apple's market share is growing where it counts...in the high end market. That's where the revenues are last time i checked
    Aug 2 05:31 PM | 11 Likes Like |Link to Comment
  • Apple: Don't Follow The Herd [View article]
    richbar...i think u must have drunk some of that koolaid before you posted your comments....'earnings will peak this year and then decline to less than they are now..." you must be the oracle of apple
    Jan 1 12:30 PM | 10 Likes Like |Link to Comment
  • Apple Can Unlock 68% More Value By Emulating Google In This Way [View article]
    I don't think I understand your logic. Apple's objective should be to make the best products and services possible, not to manipulate its stock price.

    Eventually, the market will value apple what it wants to...after all, the market can't continue ignoring record sales and the largest cash pile in history forever. Not so long ago the market thought apple was going to be a 1,000 stock...then it thought apple was going to be a 300 stock all within the space of less than six months.

    Apple as a company shouldn't care about this...especially since toto head analysts who completely misunderstood what the firm was doing, and who claimed that apple was losing maket share to android (by erroneously comparing apple's high end products to low end android products).

    Let's check the stat..who sold the most high end tablets in 2013? Who sold the most high end phones in 2013? Who had the most innovation in 2013 (ignoring the gimmicks such as "phone bumping" and all that jazz). There is only one answer: Apple.


    All the analysts were completely wrong on everything about apple in 2013...remember what they said about iphone 5s sales and iphone 5C price points and sales after the release? what about comparing channel stuffing to actual iphone sales? ...oh yes..andwhat about how well they thought the GS4 would do...how is that working out? ...and yet, they continue to write the same garbage at the start of 2014.

    Leads me to believe there is very little credibility left in the analyst community.
    Jan 2 10:36 AM | 8 Likes Like |Link to Comment
  • How To Play A Recovery In Apple? The Same Way One Profited Off The Boom [View article]
    Glenn..."market share" is not a relevant metric for apple..."high net worth market share" is what's relevant. It is the high value clients who actually spend money to buy apps etc that makes apple,despite its weak "market share" control 70% of all smartphone revenues. Developers aren't stupid...why would they leave a money making machine to go on android where they are certain they won't make money? The fad of rising cheap smartphones sales will fade soon..in fact, it may already have...based on what Samsung reported...so people will continue to focus on the $$$$..not the noise about smartphone shipments...notice microsoft had to write down its "ipad killer" inventory? IT shipped a lot..but they didn't sell!

    Cheers
    Jul 19 01:39 PM | 8 Likes Like |Link to Comment
  • Apple: Don't Follow The Herd [View article]
    happydaysarecoming...why don't you short apple on rallies and post your results here for us all to see...just to see how that works out for you?
    Jan 1 12:32 PM | 8 Likes Like |Link to Comment
  • Apple: Still Calm Before The Storm [View article]
    While I agree with most of what you have said, at the end of the day the real question is what is the long term value of the stock. A P/E less than 13 and an EV:EBITDA less than 9 for a tech company growing above 20% is ridiculous...and this does not take into consideration AAPL's cash pile.

    As a long term investor, I am more than happy that the stock is plunging..it gives me an opportunity to purchase it on the cheap. What matters is not where it is trading today or next week or next month or next quarter, but where it will be trading 1,2 or three years hence, at least to me.

    So since I have loads of cash waiting for such a pullback...I am one happy investor right now!
    Nov 8 10:38 AM | 8 Likes Like |Link to Comment
  • Apple Offering Excellent Entry Point [View article]
    I totally agree that AAPL will be much higher in another 12 months given the ridiculously low P/E and EV/EBITDA multiples...I have put my money where my mouth is and will do so again on further price drops.

    Good article!
    Nov 5 08:06 AM | 7 Likes Like |Link to Comment
  • Apple Inc. Shares Are Likely Dead Money For The Balance Of Its Fiscal Year [View article]
    Probably made more money on the clicks for this article than on any investment in stock...given the analysis on AAPL earnings...lol!
    Jul 24 10:06 AM | 6 Likes Like |Link to Comment
  • Apple's Improbable Math [View article]
    I am sorry, but your math just doesn't work. What matters is not the headlines from various sources, or whether we think market share is going to do this or that, or what the market cap is, but the math on valuation.

    The real question is what is the valuation of $AAPL based on whatever metric you want to use? Is it overvalued based on those metrics? I could list two reasons for every one you give on competitors eating away at $AAPL, or market share falling, etc etc. Those things don't matter if the size of the pie is increasing, and AAPL is therefore able to sell even more products than it did before, which means the value of the firm should rise, not fall.

    In other words it matters not if market share falls or if competition increases if the pie is getting larger all the time, which it is.

    I have no idea what additional market cap of US$52 billion has to do with the fundamental valuation of the stock? Does that mean it should be trading at less than 8 P/E or less than 10 EV:EBITDA? I am at a loss.
    Dec 6 11:44 AM | 6 Likes Like |Link to Comment
  • How Apple Gets To $400 A Share [View article]
    So you are long RIMM and short apple...pity you are not actually investing real money...lol
    Jan 13 03:33 PM | 5 Likes Like |Link to Comment
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223 Comments
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