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  • Apple's Achilles' Heel: Samsung Has An Arrow Pointed Straight At It [View article]
    Sure, Android's tablet share will outpace Apple's in 2013. However, how many of those Android tablets are either 1) shipped but not sold or 2) serving as glorified paperweights on their owners' desks or, worse yet, forgotten in a drawer or closet? Based on usage statistics compiled by numerous third parties, there are huge piles of Android e-trash lying around.
    Dec 12, 2012. 03:41 PM | 5 Likes Like |Link to Comment
  • Apple's R&D Numbers - Something Good Brewing, Or Something Wrong? [View article]
    Apple is doing more and more in-house (designing chips for mobile devices, maps, etc.), which probably necessitates greater R&D spending.

    On innovation, the only developments over the last 5-6 years in the mobile space that qualify as "innovations" are the original iPhone and the original iPad. All mobile devices since, whether by Apple or any other manufacturer, have been evolutionary rather than revolutionary products. The Surface is innovative for Microsoft's standards, but tiles and a kickstand are not, in and of themselves, "innovative."
    Nov 27, 2012. 04:58 PM | 6 Likes Like |Link to Comment
  • Has the iPhone lost its "wow" factor, and if so, is it something for Apple (AAPL +1.2%) to be truly worried about? A day after the iPhone 5 launch, the press is alight with commentary declaring the device a good upgrade, but nothing more. Some think the effectiveness of the Apple rumor mill might be to blame. Either way, the big question is how much a lack of excitement will affect sales when Apple can still claim an edge in customer loyalty and apps, and can tout hardware features that often match or exceed those of rivals. [View news story]
    You must be easily wowed.
    Sep 13, 2012. 11:05 PM | 1 Like Like |Link to Comment
  • BofA's (BAC) Wealth Management division is holding a conference call tomorrow with Paulson & Co.'s John Paulson, giving the firm's retail advisors and clients a chance to take a shot at his disappointing year-to-date performance. So far in 2012, Paulson's Advantage Plus fund is off 18%, while his Advantage fund is down 13%. Remember, this is on the back of declines in 2011 of over 50% and 36%, respectively, and comes just days following Citigroup's (C) announcement that its Private Bank was pulling $410M out of Paulson's funds. [View news story]
    Wow--my buy and (mostly) hold portfolio outperformed Paulson's Advantage Plus by 235% over the same period! When can I start a hedge fund? If only Goldman Sachs would have let me short some hand-picked, AAA-rated securities backed by nonperforming loans. Oh well.
    Aug 28, 2012. 01:12 AM | 1 Like Like |Link to Comment
  • More on Apple's FQ3: The company is guiding for FQ4 revenue of $34B and EPS of $7.65, below a consensus of $38B and $10.22. iPhone sales miss consensus, iPads beat. Gross margin of 42.8%, down 460 bps Q/Q (due to mix shift towards iPads) and up 120 bps Y/Y.  6.8M iPods sold, -10% Y/Y. Americas revenue +26%, Europe +16%, Japan +33%. Asia-Pac (led by China) +25% Y/Y but -22% Q/Q. Retail +17% Y/Y. $2.65/share dividend declared. CC at 5PM ET (webcast). AAPL -4.9% AH. (PR)  [View news story]
    At $570, AAPL's P/E is 13.4. No need to panic.
    Jul 24, 2012. 04:52 PM | Likes Like |Link to Comment
  • Is The Perfect Storm Here? [View article]
    " ... China, where capitalism now thrives unfettered."

    This statement reveals stupidity, foolishness, or ignorance (or perhaps all three). The Chinese leadership is currently hard at work constructing the next 5-year plan. The plan will be executed by state-owned enterprises that march to Beijing's orders. Very capitalistic.

    Are you so deep in Tea that you've lost your common sense?
    Jul 20, 2012. 12:49 PM | 14 Likes Like |Link to Comment
  • General Electric (GE -1.2%) may look attractive on the surface, with its industrial and capital services units both poised for cyclical gains should the economy kick into gear. However, the mega-conglomerate is a unique financial-industrial hybrid, says Morgan Stanley's Nigel Coe, and if you back out GE Capital from the numbers, you'll find that both units are actually trading at a large premium to comps., and with a little pricing competition, the company could face serious headwinds.  [View news story]
    The financial crisis has revealed Jack Welch's stupidity in turning a champion industrial company into a GE Capital-dominated monstrosity. Until Immelt creates a more balanced company by divesting more of GE Capital, troubles emanating from the financial sector will continue to punch GE investors right in the gut.
    Jul 16, 2012. 03:58 PM | 1 Like Like |Link to Comment
  • Charlie Munger: Civilized People Don't Buy Gold [View article]
    I own gold and a gold stock, and I agree with Munger. I own them not because I believe in gold's intrinsic value (it has little or none) or in gold's ability to store wealth (it doesn't). Instead, I believe that, for the foreseeable future, there will be ignorant/foolish/crazy people who will periodically bid gold prices up from absurd to ridiculous. Why not be along for the ride?
    May 6, 2012. 04:30 PM | 6 Likes Like |Link to Comment
  • The President is speaking about his proposals to crack down on manipulation in the oil market. Watch live here.  [View news story]
    So regulating hydraulic fracturing is the same as a war on fossil fuels? I guess testing car seats would be a war on babies in your book.

    The oil and gas industry praised the EO for gathering the disparate regulatory bodies under one roof, which would simplify regulations and reduce the red tape.
    Apr 17, 2012. 12:05 PM | 1 Like Like |Link to Comment
  • The President is speaking about his proposals to crack down on manipulation in the oil market. Watch live here.  [View news story]
    A war on fossil fuels? What planet are you living on? The U.S. produces more oil now than in 2003, and is producing more and more every day. We now import 45% of our oil as opposed to 57% in 2008 when Big Oil's best friend was in office.

    Obama has voiced support for natural gas. If you want to blame somebody for the failure of the Natural Gas Act in the Senate, blame the 39 myopic Republicans who voted no and Big Oil, which stuffs their campaign coffers full of cash.
    Apr 17, 2012. 11:59 AM | 1 Like Like |Link to Comment
  • The President is speaking about his proposals to crack down on manipulation in the oil market. Watch live here.  [View news story]
    No one can reasonably claim that the current price of oil lies anywhere near the intersection of supply and demand. Rex Tillerson, CEO of ExxonMobil and hardly a socialist, has said many times that the price of oil should be much lower and that the elevated price is due to speculation. Saudi Arabia, the largest oil exporter, has repeatedly voiced similar sentiments. Something should be done to curb oil speculation, which only benefits investment banks.
    Apr 17, 2012. 11:55 AM | 1 Like Like |Link to Comment
  • Apple: Take Profits Before You Lose Them [View article]
    I was severely tempted to sell AAPL (less than 10% of the total) yesterday. After seeing what happened in the premarket, I pulled the trigger. AAPL was pushing 20% of the portfolio, and as much as I love it, I had to sell some.

    Internally debating whether to sell AAPL is a good problem to have.
    Apr 3, 2012. 10:04 AM | Likes Like |Link to Comment
  • Is Pfizer Pfinished? [View article]
    Many large companies acquire and divest parts of their businesses, but for the frequency and size of its deals, Pfizer takes the cake. It must be disheartening to work as a scientist or researcher at Pfizer.
    Mar 27, 2012. 01:07 AM | Likes Like |Link to Comment
  • Apple's Cash Should Be Used For These Acquisitions Instead [View article]
    I love how people continue to think of inventive ways for Apple to set fire to large piles of its cash.
    Mar 26, 2012. 11:07 PM | Likes Like |Link to Comment
  • As spring blossoms bloom
    A cool million readers
    Watch their stocks grow too.

    Enter our Seeking Alpha 1 Million User Haiku Contest, by Tuesday at midnight, and a new iPad could be yours! (earlier)  [View news story]
    Collectively, a
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    In the billions.
    Mar 26, 2012. 10:25 PM | 1 Like Like |Link to Comment