Apple Can Save Its Shareholders - But Will It? [View article]
Great link. Do you think that Ashraf will take some time to watch your link from Ted.Ex. He is 100% the kind of person reasoning from outer circle to inner one.
Apple Can Save Its Shareholders - But Will It? [View article]
I didn't say that you manipulate the stock price. I sais that you like to manipulate people.
By the way, if you had bought Apple from 100 to 420 with an average of 190 as I did, you would have made a real good profit even if you had missed to sell at 705.
You just dream of what you have not done & never had the courage to do something.
Apple Can Save Its Shareholders - But Will It? [View article]
Your writing need some prior homework & less contradiction. You never give a clear point detailing your reasons with proof. better you write about MS & Intel
Apple Can Save Its Shareholders - But Will It? [View article]
Ashraf is back again with same arguments, all false. Apple is not a dying co as Nokia or RIMM. These 2 companies had only one product: phone. Apple has many other products. Iphone stands for 60% of their income &that percentage is going down while the gross income is going up unlike Nokia & RIMM. Apple's problem is that it had 2 huge Q1 & 2 in 2012 in terms of margin & all short term looking analysts like Ashraf are now comparing Apple's results to those Quarter. Apple is still having revenue growth quarter to quarter compared. Q2 13 will be soon revealed & Apple may have a decline in EPS but again Q2 12 was so good that Apple will never have such margins & NO OTHER CO WILL EVER HAVE. But, no other company has Apple's margins not even Google that Ashraf seems to appreciate that much. Ashraf is contradicting himself several times. Google is making money in adds but trying to copy Apple's business lime in many ways. Ashraf is comparing Apple to Microsoft but are they comparable ? Microsofts business line is dying & Microsoft is trying to change it's business line & guess which co Microsoft is trying to copy : Apple.
MS, Samsung, etc.. are all trying to go the way paved by Apple years ago. None of they innovate. They all wait a new product by Apple so that they can have an idea what to copy.
I bought Apple from 100 to 420. Average 190. I don't know yet when to sell. I'll sell one day but listening to Ashraf, i have to fix it today. why? To me Ashraf knows well what he is doing : trying to manipulate by fake reasoning. I don't know why ?
Wit SJ, Apple had a visionary CEO. SJ had his errors but those didn't matter. Nobody compared SJ to some one before him. He had 2 periods. The 1st one : selfish & irresponsible & the 2nd one : authoritarian team leader.
With TC, Apple has another great CEO but he is compared to SJ while he is excellent in other grounds. Those that SJ could not perform well or at all. he is as authoritarian leader as SJ was &, to what we see, he is an excellent team leader. But only time will prove this.
One more thing : Who else can seat in his place & do at least as good job as he does ?
The same way that SJ chose TC as his 2nd & finally successor, TC has chosen Ives & other Innovators/creators as his 2nds.
A fresh round of Apple (AAPL -0.8%) estimate cuts have been provided by Canaccord and BlueFin Research. Canaccord's Mike Walkley, who has often sung Apple's praises, has cut his PT to $600 from $650, and says he now expects an iPhone 5S in summer/Q3 vs. prior expectations (shared by others) of a June launch. He considers share loss to Android a possibility given recent high-end phone launches, and has cut his June quarter iPhone sales forecast by 11M to 25M. Walkley's Sep. quarter forecast has been raised by 1.6M to 39.6M to reflect an August 5S launch. [View news story]
AA margin compression from 40.5 to 38.5 % in a Quarter with 3 new products launched (Q1 13) in not really a compression. If the magins continue to go further down (to the low 30th) then we can talk of a margin compression. If I remember well Apple guided 37.5-38.5% for Q2 13 & IMHO Apple will deliver as always higher, above 39 near to 40%. Some one can show me another company of this size with this kind of margin. I'll be buyer.
Apple's Samsung Problem Can't Be Solved [View article]
@Ashraf. U are not consistant al all. U present the same arguments to predict the Apple death & the resurgence of it's competitors. If the smartphone market is going to be a commoditiy market, compagnies like Bbry, Nokia, etc. & even Samsung will suffer much more than Apple. U say that Apple doesn't innovate but U present samsung & others slight changes as an innovation. U just forget one thing, Apple is a luxury brand with a huge ecosystem & as such, Samsung & others are trying to copycat it & look like Apple. Many car makers have tried to copycat BMW but a BMW buyer will never buy those. One more thing, I think that you know well all above but you are not honest with your statements about Apple & most probably you are paid by some people interested in writers like you to back their plans.
The proliferation of writers like you, in a very short time, completely disregarding the facts & assuming others will succeed where Apple will precisely fail is really amazing.
By the way, why di u think people shall but Bbry while staying away of Apple ?
Apple (AAPL +1.7%) rallies as the Street takes the launch of Samsung's (SSNLF.PK) Galaxy S IV, which has an impressive spec sheet but has seen mixed early reviews, in stride. Apple's sell-side fans are circling the wagons, with Gene Munster comparing the S IV to an 'S' iPhone launch. Nomura is less sanguine: noting the popularity of bigger displays and stating its checks indicate a bigger iPhone won't arrive in 2013, it thinks Samsung could overtake Apple in high-end smartphone shipments this year on the back of 35M-40M S IV and Note sales per quarter. [View news story]
@smokey111. You are the only person giving the right answer to the need of a larger screen.
"The Street went from thinking Tim Cook has to provide some revolutionary product to now thinking he won’t even do the obvious things. I think it’s logical they will," asserts Walter Piecyk on CNBC (video), defending his upgrade of Apple (AAPL +1.1%). One of those "obvious" things is a cheaper iPhone, which Piecyk expects will add $11B to FY14 revenue while lowering Apple's gross margin by 200 bps. He sees total FY14 iPhone revenue growth of 15%, with units growing over 30% to 190M (152M high-end iPhones + 38M cheaper ones) and ASP falling below $550 from FQ1's $641. [View news story]
@ Ashraf. Having seen someone changing as fast as u do. Congrats.
"Apple (AAPL -2.1%) is leaning toward additional dividends or a share buyback program," Quartz reports. Sources claim an announcement could arrive in spring, possibly at the same time as a product announcement. Between Apple's remarks and David Einhorn's campaign, many of the Street have been expecting a move. [View news story]
@Wiesje. Fully agree with u. Many of bloggers here are +/- traders & not investors. Some have bought at high 600 or even 700. they have lost a lot. Now they want a BRD decision to quickly reverse the course of the stock. As long term investor, one must make a choice relying on fundamentals & forget the market's daily moves. Apple cannot launch a new product every year. Their last one (Ipad) was in 2010. Their next one will be some where between 2013 & 2015. In the meantime, Apple will refresh their existing products & make as much money as possible on the existing line. Apple has reached a size that a 10% drop (16B) of their Revenue will not do any harm to the company. That would mean only 6,4B on the bottom line. That means net profit of 35.4B (37.7$/Share) instead of 41.8B (44,1$/Share). An EPS of 37.7 $ must lead to a share price between 450 (12x) & 530 (14x). Will Apple's revenue drop by 10% ? The answer is NO. Q1 13 Revenue was 54,5B & their guidance for Q2 13 was 41B (low side) each time higher than 2012 figures. I'am sure that TC & the BRD will come with a good solution for the shareholders based on long term decisions & I'am also sure that they will not (& shall not) decide under the WS pressure. I'am also sure that their decision will be far more long term based that my own. I think also that they must invest their cash secure (as they do) until the find a good reason to spend it. Why should Apple spend it's cash to buy a company for the sake of buying something as did Google. They may spend this cash to buy a major actor of TV program distribution or some other major actor needed in their future device pipeline. I'am long Apple since 2006 & have bought the stock almost every year mostly on dips. Apple today is the same company than it was late september when it traded at 700+. After the Q1 13 earning release resulting in 26.7%/7.3$/S increase in revenue/EPS (14 to 13 weeks adjusted & despite a phenomenal & exceptional Q1 12 earnings & after all those supply constraints & lower margins due to new products) one must feel very confident & proud of such company & it's managing team & BRD. Wait & see the next Q earnings. Apple's Q2 12 earnings was also exceptional. The guidance for Q2 13 is 41-43B which is 5 to 10% increase over an already phenomenal Q2 12. If Apple performs within the guidance, it will be already a very good result. If Apple beats the guidance, it will be again exceptional. If one thinks that this is not a well managed company, then one must tell us which company is. The low of big numbers will not allow any more those insane over 40% growth in Revenue or EPS. What matters now is not the insane percentage of the growth but some steady & sane growth of +/- 10% of the Revenue & +/- 5 to 10% of the EPS. Perhaps Apple will distribute one way or another 60 to 80% of future bottom line figure to their share holders. Perhaps Apple will do more on the buy back side (fully profitable to share holders) than on the dividend side (tax reasons). Whatever they do, it will be a good long term decision.
If one is long a stock, it must be based on facts & fundamentals. If those change, then one has also change his stands. Has Apple's metrics changed ? I dont think so. The Q1 13 did show record earnings (28% growth Q1 13/Q1 12 adjusted 14 W Q) & a decent EPS growth (7.2% Q1 13/Q1 12 adjusted 14 W Q) despite several new product release bringing down the GM to 38,6%). Q1 12 was a special Q & still Apple did better. Do someone know a company with those metrics ?
Some say that the stock price reflects the future of the company. The management guided to 41-43 b revenu & 37,5-38,5% GM. This is 4,6 to 9,7% revenu gross. Q2 12 was also a very special Q (China IP launch) & still Apple is forecasting to do better. W also know that Apple is usually giving conservative guidances & this one is going to be as conservative as the others were. So, the near future is better than the past (This means growth). So why to fear ?
Oh, i was about to forget: some say that Apple doesn't have any new product to offer & no innovation in the recent past, only incremental evolution. Who can point a company that has innovated in the last 3 years. their innovation in just copy cat of Apple's past products : Nexus, SGS I, II, III & now IV, Chrombook, etc. Samsung is competing with Apple with only incremental evolutions.
So, if you are long Apple, nothing has changed. The co is solid & doing well. U just have to make sure the basic metrics stay good. The stock will follow. But being long doesn't mean watching the stock price every day or week.
@ Author. I've read U several times. U turn with the wind & very cleverly try to manipulate your audience with +/- accurate statement changing a little to positive or negative according to your goal. In my world, people like you are not advisers & shall not be listened because nobody knows when again you will change opinion. IMHO if U writings were honest & reflecting what you believe, U should short Apple & go long Google strongly.
Apple: Is Tim Cook The Next Steve Ballmer? [View article]
Very true. I'll add : BMW cars had a very low market share while having the best gross/net margin. The same way that a toyota owner dreams of a BMW and will try to have one even if he cannot afford it, a cheep android smartphone owner dreams also of a high end one (GS3 or Iphone) & will also try to have one (may be a 2nd hand) even if he cannot afford it.
Apple Can Save Its Shareholders - But Will It? [View article]
Apple Can Save Its Shareholders - But Will It? [View article]
By the way, if you had bought Apple from 100 to 420 with an average of 190 as I did, you would have made a real good profit even if you had missed to sell at 705.
You just dream of what you have not done & never had the courage to do something.
Apple Can Save Its Shareholders - But Will It? [View article]
Apple Can Save Its Shareholders - But Will It? [View article]
Apple is not a dying co as Nokia or RIMM. These 2 companies had only one product: phone. Apple has many other products. Iphone stands for 60% of their income &that percentage is going down while the gross income is going up unlike Nokia & RIMM.
Apple's problem is that it had 2 huge Q1 & 2 in 2012 in terms of margin & all short term looking analysts like Ashraf are now comparing Apple's results to those Quarter. Apple is still having revenue growth quarter to quarter compared. Q2 13 will be soon revealed & Apple may have a decline in EPS but again Q2 12 was so good that Apple will never have such margins & NO OTHER CO WILL EVER HAVE. But, no other company has Apple's margins not even Google that Ashraf seems to appreciate that much.
Ashraf is contradicting himself several times. Google is making money in adds but trying to copy Apple's business lime in many ways.
Ashraf is comparing Apple to Microsoft but are they comparable ?
Microsofts business line is dying & Microsoft is trying to change it's business line & guess which co Microsoft is trying to copy : Apple.
MS, Samsung, etc.. are all trying to go the way paved by Apple years ago. None of they innovate. They all wait a new product by Apple so that they can have an idea what to copy.
I bought Apple from 100 to 420. Average 190. I don't know yet when to sell. I'll sell one day but listening to Ashraf, i have to fix it today. why?
To me Ashraf knows well what he is doing : trying to manipulate by fake reasoning. I don't know why ?
Apple Can Save Its Shareholders - But Will It? [View article]
Is Mighty Apple Really Falling? [View article]
With TC, Apple has another great CEO but he is compared to SJ while he is excellent in other grounds. Those that SJ could not perform well or at all. he is as authoritarian leader as SJ was &, to what we see, he is an excellent team leader. But only time will prove this.
One more thing : Who else can seat in his place & do at least as good job as he does ?
The same way that SJ chose TC as his 2nd & finally successor, TC has chosen Ives & other Innovators/creators as his 2nds.
A fresh round of Apple (AAPL -0.8%) estimate cuts have been provided by Canaccord and BlueFin Research. Canaccord's Mike Walkley, who has often sung Apple's praises, has cut his PT to $600 from $650, and says he now expects an iPhone 5S in summer/Q3 vs. prior expectations (shared by others) of a June launch. He considers share loss to Android a possibility given recent high-end phone launches, and has cut his June quarter iPhone sales forecast by 11M to 25M. Walkley's Sep. quarter forecast has been raised by 1.6M to 39.6M to reflect an August 5S launch. [View news story]
Apple's Samsung Problem Can't Be Solved [View article]
If the smartphone market is going to be a commoditiy market, compagnies like Bbry, Nokia, etc. & even Samsung will suffer much more than Apple.
U say that Apple doesn't innovate but U present samsung & others slight changes as an innovation.
U just forget one thing, Apple is a luxury brand with a huge ecosystem & as such, Samsung & others are trying to copycat it & look like Apple. Many car makers have tried to copycat BMW but a BMW buyer will never buy those.
One more thing, I think that you know well all above but you are not honest with your statements about Apple & most probably you are paid by some people interested in writers like you to back their plans.
The proliferation of writers like you, in a very short time, completely disregarding the facts & assuming others will succeed where Apple will precisely fail is really amazing.
By the way, why di u think people shall but Bbry while staying away of Apple ?
Apple (AAPL +1.7%) rallies as the Street takes the launch of Samsung's (SSNLF.PK) Galaxy S IV, which has an impressive spec sheet but has seen mixed early reviews, in stride. Apple's sell-side fans are circling the wagons, with Gene Munster comparing the S IV to an 'S' iPhone launch. Nomura is less sanguine: noting the popularity of bigger displays and stating its checks indicate a bigger iPhone won't arrive in 2013, it thinks Samsung could overtake Apple in high-end smartphone shipments this year on the back of 35M-40M S IV and Note sales per quarter. [View news story]
"The Street went from thinking Tim Cook has to provide some revolutionary product to now thinking he won’t even do the obvious things. I think it’s logical they will," asserts Walter Piecyk on CNBC (video), defending his upgrade of Apple (AAPL +1.1%). One of those "obvious" things is a cheaper iPhone, which Piecyk expects will add $11B to FY14 revenue while lowering Apple's gross margin by 200 bps. He sees total FY14 iPhone revenue growth of 15%, with units growing over 30% to 190M (152M high-end iPhones + 38M cheaper ones) and ASP falling below $550 from FQ1's $641. [View news story]
"Apple (AAPL -2.1%) is leaning toward additional dividends or a share buyback program," Quartz reports. Sources claim an announcement could arrive in spring, possibly at the same time as a product announcement. Between Apple's remarks and David Einhorn's campaign, many of the Street have been expecting a move. [View news story]
As long term investor, one must make a choice relying on fundamentals & forget the market's daily moves.
Apple cannot launch a new product every year. Their last one (Ipad) was in 2010. Their next one will be some where between 2013 & 2015. In the meantime, Apple will refresh their existing products & make as much money as possible on the existing line.
Apple has reached a size that a 10% drop (16B) of their Revenue will not do any harm to the company. That would mean only 6,4B on the bottom line. That means net profit of 35.4B (37.7$/Share) instead of 41.8B (44,1$/Share). An EPS of 37.7 $ must lead to a share price between 450 (12x) & 530 (14x).
Will Apple's revenue drop by 10% ? The answer is NO. Q1 13 Revenue was 54,5B & their guidance for Q2 13 was 41B (low side) each time higher than 2012 figures.
I'am sure that TC & the BRD will come with a good solution for the shareholders based on long term decisions & I'am also sure that they will not (& shall not) decide under the WS pressure. I'am also sure that their decision will be far more long term based that my own.
I think also that they must invest their cash secure (as they do) until the find a good reason to spend it. Why should Apple spend it's cash to buy a company for the sake of buying something as did Google. They may spend this cash to buy a major actor of TV program distribution or some other major actor needed in their future device pipeline.
I'am long Apple since 2006 & have bought the stock almost every year mostly on dips. Apple today is the same company than it was late september when it traded at 700+. After the Q1 13 earning release resulting in 26.7%/7.3$/S increase in revenue/EPS (14 to 13 weeks adjusted & despite a phenomenal & exceptional Q1 12 earnings & after all those supply constraints & lower margins due to new products) one must feel very confident & proud of such company & it's managing team & BRD.
Wait & see the next Q earnings. Apple's Q2 12 earnings was also exceptional. The guidance for Q2 13 is 41-43B which is 5 to 10% increase over an already phenomenal Q2 12. If Apple performs within the guidance, it will be already a very good result. If Apple beats the guidance, it will be again exceptional.
If one thinks that this is not a well managed company, then one must tell us which company is.
The low of big numbers will not allow any more those insane over 40% growth in Revenue or EPS. What matters now is not the insane percentage of the growth but some steady & sane growth of +/- 10% of the Revenue & +/- 5 to 10% of the EPS.
Perhaps Apple will distribute one way or another 60 to 80% of future bottom line figure to their share holders. Perhaps Apple will do more on the buy back side (fully profitable to share holders) than on the dividend side (tax reasons). Whatever they do, it will be a good long term decision.
Apple (AAPL +1.5%) has shot higher in afternoon trading. Rumors about a special dividend appear to be the trigger. (earlier: I, II) [View news story]
The 'Washington DC'ing' Of Apple [View article]
Has Apple's metrics changed ?
I dont think so. The Q1 13 did show record earnings (28% growth Q1 13/Q1 12 adjusted 14 W Q) & a decent EPS growth (7.2% Q1 13/Q1 12 adjusted 14 W Q) despite several new product release bringing down the GM to 38,6%). Q1 12 was a special Q & still Apple did better. Do someone know a company with those metrics ?
Some say that the stock price reflects the future of the company. The management guided to 41-43 b revenu & 37,5-38,5% GM. This is 4,6 to 9,7% revenu gross. Q2 12 was also a very special Q (China IP launch) & still Apple is forecasting to do better. W also know that Apple is usually giving conservative guidances & this one is going to be as conservative as the others were. So, the near future is better than the past (This means growth). So why to fear ?
Oh, i was about to forget: some say that Apple doesn't have any new product to offer & no innovation in the recent past, only incremental evolution. Who can point a company that has innovated in the last 3 years. their innovation in just copy cat of Apple's past products : Nexus, SGS I, II, III & now IV, Chrombook, etc. Samsung is competing with Apple with only incremental evolutions.
So, if you are long Apple, nothing has changed. The co is solid & doing well. U just have to make sure the basic metrics stay good. The stock will follow. But being long doesn't mean watching the stock price every day or week.
Google Stole Apple's Mojo [View article]
I've read U several times. U turn with the wind & very cleverly try to manipulate your audience with +/- accurate statement changing a little to positive or negative according to your goal.
In my world, people like you are not advisers & shall not be listened because nobody knows when again you will change opinion.
IMHO if U writings were honest & reflecting what you believe, U should short Apple & go long Google strongly.
Apple: Is Tim Cook The Next Steve Ballmer? [View article]
I'll add : BMW cars had a very low market share while having the best gross/net margin.
The same way that a toyota owner dreams of a BMW and will try to have one even if he cannot afford it, a cheep android smartphone owner dreams also of a high end one (GS3 or Iphone) & will also try to have one (may be a 2nd hand) even if he cannot afford it.