20 Signs The U.S. Economy Is Heading For Big Trouble In The Months Ahead [View article]
The simple fact that the stock market continued to go up in the face of so many potential government spending cuts is enough to show that it is WAY overbought.
I love how so many people don't believe in Keynesian economics until it comes time for spending cuts. Then for some reason these people all agree cuts will hurt the economy?
I have a masters in economics and didn't know a single professor that didn't think that contractionary fiscal policy wasn't contractionary. Stop watching Fox News.
Of course we have to cut spending, but don't be surprised when it isn't magically expansionary like so many have claimed over the past 4 years.
"Despite the popularity of cheap smartphones, this will never be the future of Apple’s (AAPL -0.1%) products," says SVP Phil Schiller in an interview with a Chinese paper. He adds that in "every product that Apple creates, we consider using only the best technology available." The remarks throw cold water on reports of a cheaper iPhone featuring less costly materials, and particularly on a Bloomberg report that Apple is considering retail prices of just $99-$149 for the device. Update: The interview's text has been significantly revised. [View news story]
Have you ever worked for a tech company? I have, and the sheer speed with which AAPL churns out new top of the line gadgets is mind-boggling. They will always have the best tech feasible for the current generation.
A Cheaper iPhone Would Confirm A Lack Of Innovation And Declining Margins At Apple [View article]
AAPL hardware has always been on par or better than other high end offerings. The difference is that no other manufacturer has the AAPL ecosystem, support, or incredibly high-quality software that AAPL offers. A good product is measured by more than just the number of pixels... something that many people can't wrap their heads around.
Where was this story 50% ago? Its cover showing a tombstone engraved "R.I.P. PC," Barron's says DELL and H-P (HPQ) will fade from view. Next up for trouble could be Microsoft (MSFT), seemingly cheap at 9X 2013 earnings, but which reported sales at its Windows unit off by a third Y/Y after backing out pre-sales for Windows 8. The world awaits the launch of Surface at midnight on Friday. More winners/losers here. [View news story]
I still think a good 400$ ACER laptop destroys even an iPad in terms of usefulness.
An 800$ self-built desktop is still by far the best value for high-end performance.
It's pretty ridiculous that you can't even walk around an Apple store yet somehow people think AAPL demand is declining. Maybe these people should get out more.
Apple stores are probably the reason that the flu hit epidemic status so fast this year.
Lumia Lifts Nokia Back To The Black [View article]
Exactly. There is almost zero loyalty to the Android platform, unlike iOS. I can see tons of Android geeks switching over to Windows Phone, especially because it plays well with their PCs.
Don't Believe The Hype: Apple's Growth Story Is Not Over [View article]
I'm really liking those charts you posted. I really can't see Apple going very much lower, and I feel that most investors are just waiting for the dust to clear right now.
All it takes is one announcement from Apple, which is actually due pretty soon, and that ramp up will be here.
This would all be very valid if AAPL wasn't priced so hilariously low right now. Seriously... they're trading at less than a 12 P/E and generating 30-40 billion in cash every year on top of the 120+ billion they already have. I'd say the irrationality is more on the bear side right now, considering there are stocks like COKE and Proctor and Gamble trading at a 19+P/E, which haven't done anything over the last 5 years.
Gold Is Crashing...And The Storm Begins [View article]
Gold is dropping because all of those hyper-inflation theories (which were foolish to begin with if you followed the Keynesian school of thought, which seems to be the only school of thought that has been right about everything in this recession so far) aren't materializing.
The Fed has these computer thingies that track tons of economic data in very sophisticated models in order to balance the money supply against inflation and unemployment very carefully. Is your gut feeling smarter than the Fed? Nope, and it's being proved completely irrational by this gold sell-off, which has only just begun.
20 Signs The U.S. Economy Is Heading For Big Trouble In The Months Ahead [View article]
I love how so many people don't believe in Keynesian economics until it comes time for spending cuts. Then for some reason these people all agree cuts will hurt the economy?
I have a masters in economics and didn't know a single professor that didn't think that contractionary fiscal policy wasn't contractionary. Stop watching Fox News.
Of course we have to cut spending, but don't be surprised when it isn't magically expansionary like so many have claimed over the past 4 years.
Apple (AAPL): FQ1 EPS of $13.81 beats by $0.37. Revenue of $54.51B (+18% Y/Y) misses by $220M. 47.8M iPhones, 22.9M iPads, 4.1M Macs, 12.7M iPods. Expects FQ2 revenue of $41B-$43B, below $45.6B consensus. Shares -4.3% AH. (PR) [View news story]
Is There An Apple Disconnect? [View article]
"Despite the popularity of cheap smartphones, this will never be the future of Apple’s (AAPL -0.1%) products," says SVP Phil Schiller in an interview with a Chinese paper. He adds that in "every product that Apple creates, we consider using only the best technology available." The remarks throw cold water on reports of a cheaper iPhone featuring less costly materials, and particularly on a Bloomberg report that Apple is considering retail prices of just $99-$149 for the device. Update: The interview's text has been significantly revised. [View news story]
A Cheaper iPhone Would Confirm A Lack Of Innovation And Declining Margins At Apple [View article]
Apple Is Priced For No Growth [View article]
Where was this story 50% ago? Its cover showing a tombstone engraved "R.I.P. PC," Barron's says DELL and H-P (HPQ) will fade from view. Next up for trouble could be Microsoft (MSFT), seemingly cheap at 9X 2013 earnings, but which reported sales at its Windows unit off by a third Y/Y after backing out pre-sales for Windows 8. The world awaits the launch of Surface at midnight on Friday. More winners/losers here. [View news story]
An 800$ self-built desktop is still by far the best value for high-end performance.
PCs aren't going anywhere.
Apple's Growth Story Is Over [View article]
Is There A Worm In The Apple? [View article]
Apple stores are probably the reason that the flu hit epidemic status so fast this year.
Lumia Lifts Nokia Back To The Black [View article]
Don't Believe The Hype: Apple's Growth Story Is Not Over [View article]
All it takes is one announcement from Apple, which is actually due pretty soon, and that ramp up will be here.
Apple: The Ultimate Value Play At $520 [View article]
Apple's Slipping Grasp [View article]
Hurdles For Apple Longs [View article]
Gold Is Crashing...And The Storm Begins [View article]
The Fed has these computer thingies that track tons of economic data in very sophisticated models in order to balance the money supply against inflation and unemployment very carefully. Is your gut feeling smarter than the Fed? Nope, and it's being proved completely irrational by this gold sell-off, which has only just begun.