Wall Street Breakfast: Must-Know News [View article]
Combining cell and smartphones "shipments" provides a somewhat different set of stats for phone makers. If you just consider smartphones, Samsung still is tops but Apple's position is much more robust as they only make smartphones. Just like we continue to read Galaxy S3 outsold IPhones in 3rd qtr 2012. Sometimes, they fail to mention that iPhones outsold Galaxy's in the 4th qtr 2012. Not sure about 1st qtr "shipments" on Galaxy vs iPhones. Writers can use factual stats that are misinterperted by readers at times.
That being said, read good reviews on Galaxy S4 this a.m. Samsung has definitely stepped up their game with the S3 and S4. Apple needs to have a competitive model on the market soon.
Samsung Electronics (SSNLF.PK) says its Q1 profit rose 42% to a record high on strong smartphone sales. Net profit rose to a record KRW7.15T ($6.4B), up from KRW5.05T a year earlier. Operating profit rose 54% to KRW8.8T from KRW5.7T. Sales rose 16.8% to KRW52.9T from KRW45.3T, coming in in line with the company's guidance of KRW51T to KRW53T. The results stand in stark contrast those of Apple (AAPL), which earlier this week reported its first profit drop in a decade and forecast margins to decline in the current quarter ending in June. [View news story]
Enough market for more than 2 players to prosper through growth.
Wall Street Breakfast: Must-Know News [View article]
Wyo.... I agree, Cramer is waaaaay to verbose when he should take a more muted approach when discussing individual stocks. Sometimes I take a contrarian approach, after due diligence, on some stocks he bashes due to they are not in a momentum phase. Worked more than not. He mentioned one today that he dislikes so I put on my alert list if it hits my price.
Wall Street Breakfast: Must-Know News [View article]
Deer.... You can google "iPhone 5 vs galaxy s3 (or s4)" and select various comparative analysis articles. Didn't provide a link as not to appear biased as I am an aapl shareholder. Bottom line both have areas of strengths and weaknesses that are pretty much only important as to how ones uses a smartphone. Good luck.
Wall Street Breakfast: Must-Know News [View article]
Deer... If where you live supports LTE (G4 - high speed cell based network) and you use the Internet via phone, I would strongly recommend a smartphone that supports the recent technology. iPhone 5 supports and not sure what other non Apple devices support. Where I live, my web based access not using wifi is almost as fast as using wifi. Very nice feature for how I use my smartphone.
Have some airlines on my alert list, like LUV, but kinda toppy here. I am waiting on a pull back which may not come. Fuel prices in summer should also be watched. Cramer typically is a momentum guy and likes a lot of stocks at 52 week highs, I am more value oriented.
Wall Street Breakfast: Must-Know News [View article]
If Samsung comes out and says it is a "demand" issue, they should publish their sales numbers for the first 3-4 days. Guess they are not required to do so as they do not trade on a U.S. market based exchange.
BlackBerry: Bulls Won't Regret It, And Neither Will You [View article]
Looking to go long bbry but was thinking I should wait until Q10 is launched due to the typical sell off when launches occurs. Anyone know exact date of Q10 launch? Thought it was to be this Friday but no mention here so not sure. Thanks.
It's The Ecosystem, Stupid: What The Ratings Agencies Said About Apple [View article]
Although margins were at lower end of analyst expectations (37.5) they apparently are "within the range", while EPS, Revenue, iPhone and iPad sales beat analyst expectations. Revenue was up 11% rather than 5% which comes out to an increase of $ 4.41b yoy in additional revenue. Retail store revenues were up 19% yoy. Although EPS ($ 10.09) beat analyst expectations, EPS last year was $ 12. The above and an increase in dividends and the buy back announcement, IMO, represents a healthy quarter. Innovation, must believe and be patient. For those that are not, perhaps you should not buy stock.
David Einhorn likes Apple's (AAPL) feisty share buyback : "We applaud Apple's decision to borrow money and return excess capital to shareholders, an idea that was off the table only months ago. This positive development represents a more shareholder friendly capital allocation policy and demonstrates the conviction of Apple's management and board in the Company's future." [View news story]
Tim Cook (AAPL) on the five-inch smartphone: "Our competitors have made some significant trade-offs in many of these areas in order to ship a larger display. We would not ship a larger display iPhone while these trade-offs exist." He adds that if IDC's right, the smartphone market declined 30% since December, so Apple's decline of 15% beat the market. [View news story]
End this issue and provide calling via the mini and charge additional for phone capabilities, just don't make many as I still don't see many 4+ screens phones in US. China, Asia PAC and Japan had better growth increases than US for Apple sales. I've heard that those countries are demanding larger screens but growth is still great. Still confused on this issue.
More on Apple: Quarterly dividend increased by 15% to $3.05/share (3% yield); Apple "plans to borrow" to return cash. FQ2 iPhone and iPad sales beat expectations, Macs a little light. Gross margin was 37.5%, at low end of guidance range of 37.5%-38.5% and -990 bps Y/Y. Apple expects to return $100B in cash via capital return program by end of 2015, up from prior $45B. Exc. retail, Americas revenue +7% Y/Y, Europe +11%, Greater China +8%, Japan +19%, rest of Asia-Pac +26%. Retail +19%. iPhone revenue only +3% Y/Y, iPad +40%, Mac +7%, iPod -20% on 5.6M units. AAPL halted, to resume trading at 4:50PM. (PR) [View news story]
According to the above, "retail up 19% yoy". Prior to this qtr aapl had the best selling retail store's sales per square foot (> $ 6,000) by 2x over second highest, Tiffany's ($ 3,000). Being up 19% while you are number 1 is an outstanding number. Maybe there are other retailers up 19% for this quarter but I don't know of one. Overall retail sales were up only 2-3% for 1st calendar qtr yoy.
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]
Yes Did 35b and Apple's guidance, prior to earnings, was much lower last year. In other words THEY guided less than 32b this time LY.
Shame On You, Apple [View article]
Wall Street Breakfast: Must-Know News [View article]
That being said, read good reviews on Galaxy S4 this a.m. Samsung has definitely stepped up their game with the S3 and S4. Apple needs to have a competitive model on the market soon.
Full disclosure long aapl & bbry.
Samsung Electronics (SSNLF.PK) says its Q1 profit rose 42% to a record high on strong smartphone sales. Net profit rose to a record KRW7.15T ($6.4B), up from KRW5.05T a year earlier. Operating profit rose 54% to KRW8.8T from KRW5.7T. Sales rose 16.8% to KRW52.9T from KRW45.3T, coming in in line with the company's guidance of KRW51T to KRW53T. The results stand in stark contrast those of Apple (AAPL), which earlier this week reported its first profit drop in a decade and forecast margins to decline in the current quarter ending in June. [View news story]
Apple Investors Are Missing The Big Picture [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
Wall Street Breakfast: Must-Know News [View article]
Have some airlines on my alert list, like LUV, but kinda toppy here. I am waiting on a pull back which may not come. Fuel prices in summer should also be watched. Cramer typically is a momentum guy and likes a lot of stocks at 52 week highs, I am more value oriented.
Qualcomm: Understanding The Risks Before You Buy [View article]
Wall Street Breakfast: Must-Know News [View article]
BlackBerry: Bulls Won't Regret It, And Neither Will You [View article]
It's The Ecosystem, Stupid: What The Ratings Agencies Said About Apple [View article]
David Einhorn likes Apple's (AAPL) feisty share buyback : "We applaud Apple's decision to borrow money and return excess capital to shareholders, an idea that was off the table only months ago. This positive development represents a more shareholder friendly capital allocation policy and demonstrates the conviction of Apple's management and board in the Company's future." [View news story]
Tim Cook (AAPL) on the five-inch smartphone: "Our competitors have made some significant trade-offs in many of these areas in order to ship a larger display. We would not ship a larger display iPhone while these trade-offs exist." He adds that if IDC's right, the smartphone market declined 30% since December, so Apple's decline of 15% beat the market. [View news story]
More on Apple: Quarterly dividend increased by 15% to $3.05/share (3% yield); Apple "plans to borrow" to return cash. FQ2 iPhone and iPad sales beat expectations, Macs a little light. Gross margin was 37.5%, at low end of guidance range of 37.5%-38.5% and -990 bps Y/Y. Apple expects to return $100B in cash via capital return program by end of 2015, up from prior $45B. Exc. retail, Americas revenue +7% Y/Y, Europe +11%, Greater China +8%, Japan +19%, rest of Asia-Pac +26%. Retail +19%. iPhone revenue only +3% Y/Y, iPad +40%, Mac +7%, iPod -20% on 5.6M units. AAPL halted, to resume trading at 4:50PM. (PR) [View news story]
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]