Seeking Alpha

RichardBruno

RichardBruno
Send Message
View as an RSS Feed
Latest  |  Highest rated
  • Apple (AAPL +1.4%) roundup: 1) Thanks to improving iMac supplies, U.S. Mac sales rose 31% Y/Y in January, estimates NPD. The sales jump follows a 22% Y/Y drop in Q4 global Mac shipments. 2) LG Display (LPL) reportedly cut panel output for the 9.7" iPad by 90% in January, thanks to iPad Mini sales and seasonality. It expects output to pick up in Q2 ahead of a Q3 refresh. 3) Good Technology reports iOS hardware made up 77% of its Q4 enterprise device activations, up from 71% a year earlier. 4) European carriers are crying poor over iPhone/Android subsidies, and want changes. Obtaining them might be easier said than done. (Firefox OS[View news story]
    Good news? About AAPL? So why talk of a 2/1 split tomorrow at AAPL's board meeting?

    > Great psychological lift for current stockholders in that it doubles their dividend without Einhorn iPREF "hocus pocus,"

    > Good psychological motivation for potential buyers as GARP increases when price drops and P/E goes to a 5 handle locus;

    > Bad psychology for traders and therefore investors. Do AAPL investors really want to see bid/ask spreads lower and liquidity (and therefore maybe volatility) increase even more?

    > Bad psychology for the brand as P/E goes to 5, possibly making AAPL APPEAR half as valuable to small investors not into reading any news, who just hear supply chair rumors or the kids on Wall Street calling, "My hopes of growth had flown before. Quoth the trader, 'Nevermore'."
    Feb 27 05:16 AM | Likes Like |Link to Comment
  • Apple's (AAPL -0.2%) newfound success in India could provide a template for attacking emerging markets where the iPhone's high unsubsidized prices have limited sales. Payment plans - one promotion involves a $93 up-front payment for an $840 iPhone 5 - have grown Apple's addressable market, a splashy ad campaign has increased brand awareness, and new distributor deals have expanded reach. Canalys estimates Dec. quarter Indian iPhone sales nearly tripled Q/Q to 250K, but Apple's 5% local smartphone share is still well behind Samsung's 40%. [View news story]
    Not a new strategy by AAPL. Why doesn't this get press! And why not sell the iPHONE 4 for less on a payment plan?
    Feb 25 03:43 PM | 1 Like Like |Link to Comment
COMMENTS STATS
2 Comments
1 Like