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  • Where Is The Upside In Apple? [View article]
    Yes, that P/E of 13.6 is HORRENDOUSLY overvalued.

    Please tell me your thoughts on the valuations of companies like Coca-Cola, P&G, Disney, and Merck. All are well above 13.6. So these must be even more egregiously overvalued, right?

    Enjoy your RIMM stock.
    Oct 31, 2012. 07:27 AM | 9 Likes Like |Link to Comment
  • Apple: If There Was One Stock That I Would Buy And Hold, This Is It -- 1st Anniversary [View article]
    So let me get this straight. You've been long AAPL since the mid-90's, yet you're against a buy-and-hold strategy?
    Aug 15, 2012. 03:34 PM | 2 Likes Like |Link to Comment
  • The Apple iPhone 5: Put Up Or Shut Up [View article]
    They already tried that with Ping. It's a fad, and there is very little money to be made. Everything that is great about social networking can be integrated into all of their devices for free. Microsoft, meanwhile, decides to buy Skype for almost $10B.

    Diversification is not always a positive. Take a look at GE. They almost diversified themselves into bankruptcy. Or Microsoft - diversifying themselves into complete tech irrelevance. Or Cisco.
    Jul 31, 2012. 08:46 PM | 1 Like Like |Link to Comment
  • The Apple iPhone 5: Put Up Or Shut Up [View article]
    The answer to the first question is yes. The answer to the second question is yes.

    Right now, the market prices Apple as a smartphone company. The iPhone continues its domestic and international expansion, and there is still more room for growth. But the iPad sales are accelerating. As the tablet gets more powerful, PC's are needed less. The entire PC/laptop/netbook market is being cannibalized by the iPad. Even if Apple never invents another device and only iterates these two products, the growth of the iPad alone will drive overall revenue and earnings growth. Nearly all Fortune 500 companies are deploying the iPad. So yes, this can continue without new product lines.

    Meanwhile, you basically get the rest of the company for free because it is so undervalued. Mac is showing the only growth in the PC industry. Retina MacBooks are unable to keep up with demand. The legacy iPod business still generates free cash. The services division is profitable with the App Store, iTunes, iCloud, and iBooks. Vertical integration support companies are there (software, hardware, supply chain). And you get the research division that is betting on AppleTV.

    You're bearish because you think they can't keep coming up with hits. But the stock is already undervalued even when you only consider the current product lineup and 2013 sales.

    And then you can take the next step - what if it DOES make another blockbuster? Will you then say, "Okay, NOW they'll stop innovating!"
    Jul 31, 2012. 07:36 PM | 2 Likes Like |Link to Comment
  • The Apple iPhone 5: Put Up Or Shut Up [View article]
    Wow, up 67% this week! That's amazing! That means its at a price level not seen since... late June. Incredible performance.

    Regarding expectations, Apple whiffed on earnings last week. The stock is higher now than it was before earnings. Explain how that works if the expectations are so delicate?

    You're treating this stock like it's Netflix or Palm. It's a $600B gorilla. It's the biggest company on Earth. And it's valued at 13.75x earnings, but still growing in double digits. This is overvalued?

    My guess is you see the high $600 price tag on the stock and think it's outlandish. But that sub-$10 price tag on Nokia was a total bargain, wasn't it?
    Jul 31, 2012. 06:55 PM | 1 Like Like |Link to Comment
  • The Apple iPhone 5: Put Up Or Shut Up [View article]
    Tack, GaltMachine, and Luke Tomasello all in one thread? We got ourselves a bona-fide anti-Apple circlejerk!
    Jul 31, 2012. 06:30 PM | 2 Likes Like |Link to Comment
  • The Apple iPhone 5: Put Up Or Shut Up [View article]
    How's your Nokia (NOK) investment working out, Luke Tomasello? If you were so ridiculously wrong on that call, why in the world should I listen to you now?

    Fact is, you guys like a phone or operating system more than the iPhone. Fantastic. You have an opinion. Where you're losing me, (and obviously yourselves since you're losing money on NOK) is translating that into investment advice.

    The iPhone has lived under the constant fear of a better competitor since the Motorola Droid, HTC Evo, Samsung Galaxy, or the T-Mobile HTC myTouch 4G Supercalifragilisticex... MoreNamesMakesACoolerDevice with Google. It hasn't done anything to stop Apple, and whole companies and industries are folding when they stand in the way. Palm, HP, Dell, RIM, Nokia, Motorola, HTC, etc. These guys were mowed down to a shadow of their former selves in the face of the Apple juggernaut.

    Look at Apple (AAPL)'s stock chart. Look at its earnings growth. Look at its P/E. Look at its PEG. Look at the surveys showing unbelievable pent-up demand for the iPhone 5. Draw your own conclusions at your own risk, because mine have been wildly profitable.
    Jul 31, 2012. 06:14 PM | 5 Likes Like |Link to Comment
  • Why Chaps Who Build Apps Prefer Apple To Android And Windows [View article]
    What "business apps" are available on Android and not iPhone?

    Jun 22, 2012. 06:36 PM | 1 Like Like |Link to Comment
  • Why Chaps Who Build Apps Prefer Apple To Android And Windows [View article]
    Taken from Wikipedia:
    "iOS is derived from OS X, with which it shares the Darwin foundation, and is therefore a Unix operating system."
    Jun 21, 2012. 09:21 AM | 2 Likes Like |Link to Comment
  • Why Chaps Who Build Apps Prefer Apple To Android And Windows [View article]
    Right. You've been trying to catch a falling knife since $8, not $10. My mistake.

    If Microsoft's ecosystem is so strong and so dominant, why do they need to pay developers to create applications? Nobody wants to develop for their "ecosystem". They are irrelevant in the tech industry. They have been late to every single development in technology in the last 10 years - search, cloud, social, mobile - despite having enormous resources at their disposal. Products that made it to market ahead of competitors were usually atrocities (Tablet PC, PocketPC/Windows Mobile, etc).

    Windows and Office sales to the enterprise pay for the rest of the unprofitable ventures of the company. You better hope that the iPad adoption in Fortune 500 companies doesn't continue spreading like a rash, or they might lose their cash cow. This can happen faster than you think. Companies are already so hesitant to upgrade any hardware or software. It's not uncommon to stroll into an office and see Windows XP running on all machines. This is an OS introduced in 2001. Do you realize this?

    Microsoft is scared and flailing. It explains all of their absurd moves (buying Skype for $10B, trying to buy Yahoo for $45B, bleeding years of cash with X-Box, bleeding cash with Bing, etc).
    Jun 21, 2012. 09:17 AM | 8 Likes Like |Link to Comment
  • Why Chaps Who Build Apps Prefer Apple To Android And Windows [View article]
    This article gives way, way too much credibility to Microsoft's ecosystem, which is non-existent. This is because the author has been bullish on Nokia since $10 per share.

    Make no mistake, it's a two-horse race - Apple vs Google. Everyone else fights for unprofitable scraps.
    Jun 21, 2012. 08:56 AM | 3 Likes Like |Link to Comment
  • The Apple 'Free Pass' [View article]
    The best part is that the author seems to be spending a lot of time replying to comments, sometimes several times in one thread, and yet this is the only one he has seemed to overlook.

    This guy treats everyone the same way Rocco Pendola does. If you agree with him, he loves you. If you disagree with him, you obviously didn't understand the article.

    It'd be funny if it weren't so chickenshit.
    May 26, 2012. 03:24 PM | Likes Like |Link to Comment
  • The Apple 'Free Pass' [View article]
    I fail to see how Apple is given a free pass, especially considering how hard they've been hit with Foxconn sweatshop labor issues. We haven't seen this kind of criticism of manufacturing since Nike sneakers, yet HP, Microsoft, Google, Sony, and dozens of other manufacturers use the same supplier for their widgets. They're the ones receiving the free pass here, while Apple gets appearances on 60 Minutes.

    All of this is neglecting the fact that the chief complaint of Foxconn employees is not enough opportunities for overtime. Does this sound like slave labor? No, it sounds like people who don't give a shit what they have to do for a living, so long as it makes them money that they can send back home for their families to eat. These menial manufacturing jobs lift whole families out of poverty. I have no problem supporting this. It's called Capitalism, and it lifted my immigrant family out of poverty 50 years ago.

    If you were referring to an investment-style free pass, I again disagree. If you can figure out a way to spin a 13.5 P/E as frothy for a company growing earnings in double digits, I'd be impressed. All investors do not believe Apple is the perfect company. But compared to what's out there, it's certainly the tallest midget.

    Apple hasn't gotten a free pass. Irresponsible journalism has, and for far too long.
    May 26, 2012. 10:00 AM | 5 Likes Like |Link to Comment
  • 'One More Thing' About Apple [View article]
    Apr 28, 2012. 02:53 PM | Likes Like |Link to Comment
  • Is Apple Worth 2 Microsofts? [View article]
    This guy "techy46" has been so f'ing active all week, deriding Apple and cheering Microsoft and Nokia. Suddenly at 4pm today, he dropped dead. Not a word. Wonder what happened?
    Apr 24, 2012. 11:07 PM | Likes Like |Link to Comment
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