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  • Making The Case Against An Apple Television Set [View article]
    @Neil Cybart:
    When Siri searches for Apple TV content, is the search global across all Apple TV channels or is it limited to local the channel you are currently in (Netflix Apple, HBO, etc.)? If it’s like a global TV Guide showing all content on all channels than it will be wonderful. Otherwise maybe not so great because who knows which channel is the best channel to search in for that content? In other words one would have to know in advance which channel has the content you want.

    If it’s global I’ll upgrade right away. Thanks for the article.
    Nov 22, 2015. 10:25 AM | 2 Likes Like |Link to Comment
  • Apple: Does It Matter That iPad Pro Isn't A Notebook Replacement? [View article]
    @Abbyowner: Completely agree. I've been using an iPad 1 since it was introduced, mainly for reading newspapers online, and am very comfortable with it. Apple's problem is that their products last a long time.
    Nov 20, 2015. 02:13 PM | 4 Likes Like |Link to Comment
  • Apple down 3% as chip supplier plunges following Q3 report (updated) [View news story]
    Here's the full report:

    Note this:
    At the end of Q3 2015, our total inventory level was $139 million (or ~71 days), an increase of $19 million over the prior quarter. This represents a 7 day increase in our days of inventory. We are managing our inventory levels tightly and we feel this level is appropriate in order to service our current customer backlog. During Q4 2015 we expect inventory value and inventory days to decrease from Q3 2015 as we service a number of high volume product launches in the quarter.

    Draw your own conclusions.
    Oct 26, 2015. 10:57 AM | 4 Likes Like |Link to Comment
  • Apple: A Misunderstood Giant [View instapost]
    Well buy some!
    Oct 7, 2015. 11:05 AM | 1 Like Like |Link to Comment
  • Apple: A Misunderstood Giant [View instapost]
    As I've said before, you shouldn't own APPL unless you own Apple products. And SA authors shouldn't write about AAPL if they don't own the products. Otherwise you never get it. Excellent analysis of a complex topic Gregg Rosenberg.
    Oct 6, 2015. 12:53 PM | 6 Likes Like |Link to Comment
  • Apple: Disable The $0.99 Crystal Ad Block Safari Extension [View article]
    I don’t agree with Alcaraz, but Google has already planted it’s flag in the ad wars. Google search doesn’t work in Safari desktop with AdBlock. I get no Google search results with AdBlock on but Bing doesn’t seem to care about AdBlock. It happily posts search results.

    On my iPhone I just disable JavaScript which gets rid of most ads and makes pages load 10x faster. If a site needs JavaScript for a feature I need, I just turn it back on.

    I hope that ad blocking catches on and the content providers switch to an Ad/Sub model where for a small monthly fee you can block all ads (say $10/year for Google). It would open up huge new revenue streams for the content providers currently using ads exclusively and offer those willing to pay a little for the service a better browsing experience.

    Aswoth Damodaran had an interesting article recently suggesting that there is not enough world wide advertising revenue available to justify the valuations of all the business models that depend upon it. It’s an informative read;
    Sep 25, 2015. 08:25 AM | 1 Like Like |Link to Comment
  • The Obvious Case For Buying Apple [View article]
    Nice article. I like your mention of Damodaran, one of the best. More SA readers should subscribe to his blog.
    Sep 24, 2015. 01:47 PM | 1 Like Like |Link to Comment
  • Apple: Enhancing The Map Asset [View article]
    If you have updated to iOS9 you would see Apple is already using mapping data in its revised search function. iPhone now automatically shows you restaurants, movies, entertainment, gas, shopping and many more on the (right swipe) Search page and in Maps. Fast and intuitive.
    Sep 18, 2015. 12:45 PM | 1 Like Like |Link to Comment
  • Apple: The Key Trend Remains Intact [View article]
    I feel that after tax net income is a better metric to value Apple by than EPS which is currently being inflated by the buybacks.

    The bad news is that annual net income peaked in 2012 at 41.733B and was 39.510B last year, -2.233B less than 2 years ago. While the company has been strongly growing revenues, the costs associated with those revenues have spiked for reasons we all understand including new product development, market expansion and, in particular, the dividend distributions.

    The good news is that Net Income for 2015 looks to print at about 52.8B, a phenomenal 33% boost over last year. That’s the kind of number you can take to the bank rather than EPS which is clearly being controlled by the buyback program.

    I don’t disagree with Stone Fox’s premise. Investors buy earnings and any company that can increase earnings by a third with a market cap of 692 billions is a great business to own. But the real earnings are revealed on the bottom line.
    Aug 1, 2015. 10:18 AM | Likes Like |Link to Comment
  • Apple Pay's Leverage Will Keep Royalty Rates Intact - If Not Lead To Something Greater [View article]
    Or, Apple creates its own credit institution offering credit to its existing customers replacing steps 1 and 6 in the johnnyclueless loop. Which is what many expected when Apple first introduced Apple Pay. At which point Apple reaps the beaucoup $$$ Brian Nichols is talking about.
    Jun 10, 2015. 08:12 AM | 8 Likes Like |Link to Comment
  • Here's Why Apple Is Weak Since Earnings [View article]
    From the conference call replying to Gene Munster:

    Tim Cook - CEO
    Yeah, sure. Our current estimate is that about 20% of the active installed base has upgraded to a 6 or 6 plus. And so as I look at that number, that suggests there’s plenty of upgrade headroom in addition to we want to keep inviting over as many switchers as we can. So between both of those and the first time buyers as well, it seems really, really good right now.
    May 7, 2015. 07:04 PM | 23 Likes Like |Link to Comment
  • Apple Earnings: Astonishingly Good [View article]
    RightArnieW! But the iCar only works if you own an iPhone :)
    Apr 28, 2015. 10:10 PM | Likes Like |Link to Comment
  • Apple's Watch Strategy Embraces The 80-20 Rule [View article]
    Agreed Lawrence Kraman. And 80% of problems also come from 20% of your customers (not necessarily the same 20% that give you the profits).

    I don’t see the same refresh potential as the author suggests unless Apple makes significant annual hardware changes, al la iPhone. Remember that the hallmark of Apple products is they are built to last. I still use the original iPad 1 every day as a browser. It’s now 5 years old. The OS and memory aren’t great but the hardware works like it did out of the box.

    Updates work for the phones because of subsidies and 2 year contracts. Not so for watches and iPads.
    Apr 19, 2015. 10:28 AM | 9 Likes Like |Link to Comment
  • Apple Watch: Understanding Early Sales Data [View article]
    I finally LOL on SA. Thanks!
    Apr 13, 2015. 10:17 PM | 5 Likes Like |Link to Comment
  • Apple Watch: Understanding Early Sales Data [View article]
    Horace has an interesting amplification of the effect of gold watches on the ASP. It doesn't take a lot of gold watches being given as gifts to loved ones in China to skew the ASP.

    (Skip the part about the new iBook.)
    Apr 13, 2015. 10:08 PM | 3 Likes Like |Link to Comment