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  • Apple Watch Is Out... Investors Should Watch Out [View article]
    As I recall you have been wrong on Apple in each article
    Sep 10, 2014. 01:56 AM | 27 Likes Like |Link to Comment
  • Senate Slams Apple On Tax Avoidance [View article]
    Managment has a fidicuary obligation to its shareholders to use all "legal" means to minimize taxes. Nobody get a gold star for doing otherwise.
    May 20, 2013. 08:32 PM | 26 Likes Like |Link to Comment
  • 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]
    I think a special dividend would be a bad move - a one time shot that would send the wrong signal to the market.
    Mar 11, 2013. 04:04 PM | 21 Likes Like |Link to Comment
  • Consider Selling Apple Stock [View article]
    Thanks for the "history lesson" and the suggestion. You seem to be assuming that Apple management is asleep at the switch. By most accounts Apple has the best core products in growing markets. I continue to believe that in the coming years we will see termendous innovations in consumer and enterprise communication and entertainment technology. No company is positioned better than Apple to continue to be the spearhead.
    Dec 17, 2012. 06:12 PM | 20 Likes Like |Link to Comment
  • Apple (AAPL +2%) roundup: 1) Jim Cramer states Apple is "becoming the J.C. Penney of tech," while suggesting sentiment has become too negative. 2) The state-owned Chinese press has become more positive on Apple following Tim Cook's apology letter. 3) The USPTO has reaffirmed the Oct. invalidation of Apple's "rubber-banding" patent, which was successfully asserted against Samsung. 4) Apple has hired much of the team behind the original Segway, including robotics expert John Morrell. No word on what project Morrell is working on. (Goldman[View news story]
    Cramer comparing Apple in anyway to JC Penny is just plain dumb.
    Apr 2, 2013. 11:27 AM | 17 Likes Like |Link to Comment
  • It's a good time to buy 2015 Apple (AAPL) LEAPs at a $500 strike price, thinks Bill Miller, who went on CNBC to make a bull case for the fruit company. Miller observes Apple now trades at a lower forward EV/EBITDA multiple than Safeway, Kroger, and H-P, and expects the company to "do something fairly dramatic on capital allocation." Others have also argued in favor of buying Apple LEAPs to gain leverage. The Jan. '15 $500 LEAPs currently have an ask of $45 (they rose sharply following Miller's recommendation). [View news story]
    I think today is the day that Apple begins its comeback. Samsung gave its best shot and all that it could come up with after much hoopla is a silly looking phone that. Big bad Samsung showed that it while it is good at infringining on patents and copying it is no Apple.
    Mar 15, 2013. 06:32 PM | 16 Likes Like |Link to Comment
  • The Massive Underperformance Of Apple Vs. Amazon [View article]
    For what it is worth I have had considerable M&A experience and experience valuing private companies. IMHO AMZN's current market valuation makes no sense whatsoever.

    I read an article recently where some guru postulated that the reason AMZN's valued so highly vs Apple is that Amazon's profits are so low that no one else wants to get into the business; and, on the other hand, Apple makes so much money everyone wants in. Talk about the world being upside down.

    Right Amazon PE is in the stratasphere - it can't last - and when it comes down it will be brutal - just like to tulip bubble.

    I think Amazon is trading under the greater fool theory that someone will pay more for it than I did.
    Mar 5, 2013. 06:33 PM | 12 Likes Like |Link to Comment
  • Analyst: Seadrill results show offshore drillers continue to muddle along [View news story]
    The continuing problem with "analysts" is that few if any have ever managed a company and they follow a herd mentality. Most have a tendency to do their analysis by looking in the rear view mirror.
    May 28, 2014. 03:42 PM | 11 Likes Like |Link to Comment
  • Time For Apple To Waddle And Quack [View article]
    I think the question of whether is a growth or value stock is one of perspective. To consider Apple to be a value stock is to accept the proposition that Apple has no major product innovations on the horizon. I don't think that is the case. Apple has an abundance of financial and intellectual power to call on. Not so with the other companies you note.
    Feb 21, 2013. 11:40 AM | 10 Likes Like |Link to Comment
  • Credit Suisse sees a Seadrill earnings miss but a safe dividend [View news story]
    On balance I don't listen to analysts since they seems to have a herd mentality. Rembember, analysts were falling all over themselves to increase Apple's PT and then falling all over themselves to reduce it lower and lower. I think a comp[any like Apple gets what their firms consider to be the top analysts; and if these people get it so wrong on Apple why should anyone pay attention to what these basically youngsters who have never managed anything opine.

    As for Credit Suisse, in my world character still means something - I think it is unethical for CS to come out now and opine on a maybe earnings miss -

    On Seadrill, management has demonstrated that they know what they are doing.
    Jul 11, 2014. 06:59 PM | 9 Likes Like |Link to Comment
  • Apple's Money Back: A Desperate Act? [View article]
    Nicholas - By the end of this quarter Apple will likely have $145 billion in cash and its cash is continuing to grow my the minute. Right now Apple is the best cash generation company on the planet with more cash than it needs. Giving more cash back to shareholders is not an act of desperation.
    Mar 19, 2013. 10:17 AM | 9 Likes Like |Link to Comment
  • Production of a cheaper iPhone will likely start in June, says Jefferies' Peter Misek in an afternoon note that's helping Apple (AAPL +0.7%) outperform. Foxconn and Jabil (JBL) are expected to provide plastic cases. Misek and other sell-side analysts have already predicted a less costly iPhone will arrive this year, though some claim its case will use a composite rather than plastic. Meanwhile, Apple received top marks in J.D. Power's U.S. smartphone satisfaction study for the 9th straight time - its score of 855 is slightly above a prior 849, and well above an average of 796. [View news story]
    This step and innovation are not mutually exclusive.
    Mar 21, 2013. 03:31 PM | 7 Likes Like |Link to Comment
  • Scott Forstall's departure from Apple (AAPL) was "not his decision," a source tells the WSJ. Moreover, sources claim Forstall has clashed with other execs (this is supported by past reports), and was complaining about a lack of big ideas from his unit - some outside of Apple have been complaining about this too. John Gruber: "Forstall was an obstacle to collaboration ... his responsibilities are being divided between four men who foster collaboration." Erica Ogg: "It's Tim Cook's Apple now." [View news story]
    Sam, At its current price I think Apple is undervalued and it is a great time to start accumulating shares or adding to a position. Fundamental strengths are still very strong.

    Apple's competitive strengths are measurable - Cash hoard, # 1 iconic brand, top company in supply chain efficiency, loyal and growing customer base, best-in class retail, applications, solid ecosystem and a dividend to boot. What am I missing.

    The next few years will continue to see termendous innovations in consumer electronic communicaion and entertainment - no company is position better than Apple to be the spearhead.

    Even with the dividend and stock buypack program it is just a matter of time until Apple's cash hoard will equal it current stock price.
    Oct 29, 2012. 09:52 PM | 7 Likes Like |Link to Comment
  • Einhorn Still Thinks Apple Is Still Cheap, I Still Don't Want To Own It [View article]
    Most of what is written about Apple is background "noise" and, with respect, I consider this article useless and superficial. A rehash of known arguments.

    Two points for you to consider..

    1. Even under a no growth scenario (highly unlikely) Apple will continue to grow it cash hoard at a phenomenal rate. Assuming wise stewardship (highly likely) the growing cash hoard by itself will propel growth in PPS.

    2. In the next 3,5, and 10 years periods we will see tremendous game changing technologies. No Company is positioned better than Apple (cash, balance sheet, IP, supply change, iconic brand) to be the spearhead.
    May 30, 2012. 01:14 PM | 7 Likes Like |Link to Comment
  • Apple Is Being Psychologically Crushed By Samsung [View article]
    I think that all Samsung showed today is that it is no Apple and its strength lies in patent infringement and copying Apple.
    Mar 15, 2013. 06:38 PM | 6 Likes Like |Link to Comment