Is Apple (AAPL -1.7%) starting to see a brain drain in the post-Jobs era? "There is a growing level of dissatisfaction among Apple executives and employees, and a greater willingness to explore leaving," one VC tells BI. Another says his firm is seeing a lot more resumes from Apple employees, and attributes this both to the impact leadership changes have had on Apple's culture, and the higher pay offered by startups. A month ago, John Gruber warned Apple is at risk of losing top talent, and called it "the single biggest problem that Apple faces." [View news story]
Apple need to get stock price up soon. Because when your company stock price is down, people thinks ship is sinking and rats start jumping the ship.
Lazard starts coverage on Apple (AAPL) with a Buy and $540 PT. "We propose that Apple is a 'storage' company, not only levered to data creation but instrumental in driving data creation in ways its competitors are not," the firm argues, trying to provide a unique take. "We believe this framework helps to suggest why Apple's outsized profits are sustainable even as competitors continue to close the gap with respect to device capability and quality." Shares +0.4%. [View news story]
Apple is hardware, software, storage and music company. In the future it will TV, radio, glasses and watch company. Apple has very bright future since Apple controls from manufacturing to selling. I will bet Apple will get into transportation business soon. So when they manufacture their product they will use their transpiration.
Google (GOOG) continues to move aggressively into the low-priced tablet market, aiming to launch a new version of its Nexus 7 tablet around July for maybe as low as $149, reports Reuters. A blow to Nvidia (NVDA), the tablet will reportedly be powered by Qualcomm's (QCOM) Snapdragon processor. [View news story]
"We believe that Apple (AAPL) will launch the iPhone 5S at China Mobile (CHL) this July, as it launches the next iteration of the iPhone globally," writes Wedge Partners' Brian Blair, without elaborating on his sources. The remarks come a little less than 3 months after Apple and China Mobile signed a confidentiality agreement. Blair sees a 5S model supporting China Mobile's TD-SCDMA 3G network likely entering production in May. (WSJ report) [View news story]
Some analysts will read this news bad ways and will try to bring down Apple below $300.
"Here's a novel way to drive up a company’s share price," writes the NYT's Jeff Sommer. "Pay billions of dollars in additional taxes." Forensic accountant Robert Olstein reckons that companies such as Apple (AAPL), Microsoft (MSFT) and Cisco (CSCO) should repatriate the tens of billions dollars they hold abroad, pay tax on it, and then use the rest of the cash to repurchase stock. That would boost their share prices by at least 20%. [View news story]
20% is nothing. Apple can go up 50% without doing anything if Apple beat earnings next quarters. Apple can open up 20% up in a day.
A senior official says Cyprus has reached an agreement with the Troika to impose a 20% tax on accounts over €100K at the Bank of Cyprus and a 4% levy on similar accounts at other domestic banks. The same source told Reuters the country would not nationalize pension funds.[View news story]
Russian black money is taking some hit but not bad. They made money.
Mosaic (MOS -0.3%) plans to invest up to $1B in a joint venture to produce phosphate in Saudi Arabia, a move that would improve its access to agricultural markets in Asia. The $7B project, planned to produce 3.5M metric tons of finished product annually, will be 60% owned by Saudi Arabian mining and metals company Ma'aden; MOS will own 25%. [View news story]
Saudis are smart. Instead of refining the oil, make fertilizer.
A wake-up call for Lululemon (LULU)? A misfire on a large shipment of black stretch pants deemed too sheer (see-through) by the company not only will hit earnings, but could serve as a warning that it isn't quite ready for the bigger retail challenges down the road, warns analysts. Logistics and supply chain management are now in focus. LULU -5.6% premarket. [View news story]
Just sell the inventory to Victoria Secret. You make 5 times the money. One inch panty cost over $100 in Victoria Secret.
While Apple (AAPL +0.1%) continues its "active discussions" about returning more cash, the Street's expectations have grown: a Bloomberg poll of six analysts found an average forecast for a 56% increase in the company's quarterly dividend to $4.14/share, or $15.7B/year. That would be good for an annual yield of 3.7%. (Quartz report) [View news story]
Do not pay anything to vultures. No dividend. Buy back shares for $100B. Then float again at $1000.
The ECB is reportedly not in favor of taxing Cyprus bank deposit accounts under €100K, reports Bloomberg, with a bank spokesman saying the plan is a design not of Brussels, but of the Cypriot government. German finmin Schauble says the same, and say his country wouldn't have issue with another solution. We'll see whether the quick-step back from this plan calms the markets today. [View news story]
Robin: Cyprus is talking about taking $6 dollars for every $100 in your savings account. This is a big blow to Russia. Russian people are the biggest investor over there and these people will move the money back.
The ECB is reportedly not in favor of taxing Cyprus bank deposit accounts under €100K, reports Bloomberg, with a bank spokesman saying the plan is a design not of Brussels, but of the Cypriot government. German finmin Schauble says the same, and say his country wouldn't have issue with another solution. We'll see whether the quick-step back from this plan calms the markets today. [View news story]
This story is really good for United States. All foreign money will come back to US.
More on Apple: KGI Securities' Ming-Chi Kuo, who has been pretty accurate with his iScoops, has become the latest to predict a cheaper iPhone is arriving this year. He claims the device will have a 4" display and rely on a "super-thin plastic casing mixed with glass fiber." Foxconn and Jabil (JBL) are among the companies reportedly contracted to make the phone. Sterne Agee's Shaw Wu, who has cut his PT to $630 from $715 on signs of iPhone build order cuts, also expects a less costly iPhone made of "composite material casing." (plastic iPhone patent) [View news story]
Apple should come up with cheap phone for China, India and Brazil. People over there they always look for bargain and good company.
Jefferies' Peter Misek cuts his price target on Hold-rated Apple (AAPL) to $420 from $500. He's slashing his revenue numbers and seeing about a 25% chance the company misses Q1 guidance after Jefferies' recent supplier checks. "Historically when handset makers fall out of favor, they fall faster/further than expected." Shares -0.7% premarket. [View news story]
I can tell one thing, Jefferies' Peter Misek is 100% wrong with $420 target. If Apple comes with bad earning stock will trade in $350. If apple comes with good earning it will trade in $600.
For now I am loosing my shirt and pant. I hope I do not loose my underwear after earnings. I am old and I do not want to learn about short, naked short terms.
IDC dials up its 2013 tablet forecast by another 11%, this time to 190.9M units. The popularity of smaller tablets is a big reason why - the firm estimates half of Q1 shipments will involve sub-8" devices. Android (GOOG) is now expected to be the most popular OS - IDC forecasts a 48.8% share, up from a prior estimate of 41.5%. The iPad (AAPL) is seen having 46% of the market, and Windows 8/RT (MSFT) just 4.7%. 2017 shipments (not an easy thing to predict) are seen totaling 350M. IDC expects PC shipments to fall 1.3% in 2013 to 345.8M units. (Q4 figures) [View news story]
IDC dials up its 2013 tablet forecast by another 11%, this time to 190.9M units. The popularity of smaller tablets is a big reason why - the firm estimates half of Q1 shipments will involve sub-8" devices. Android (GOOG) is now expected to be the most popular OS - IDC forecasts a 48.8% share, up from a prior estimate of 41.5%. The iPad (AAPL) is seen having 46% of the market, and Windows 8/RT (MSFT) just 4.7%. 2017 shipments (not an easy thing to predict) are seen totaling 350M. IDC expects PC shipments to fall 1.3% in 2013 to 345.8M units. (Q4 figures) [View news story]
If your work is just receiving/send emails..
That means you are useless. Somebody with the minimum wage will replace your job.
Is Apple (AAPL -1.7%) starting to see a brain drain in the post-Jobs era? "There is a growing level of dissatisfaction among Apple executives and employees, and a greater willingness to explore leaving," one VC tells BI. Another says his firm is seeing a lot more resumes from Apple employees, and attributes this both to the impact leadership changes have had on Apple's culture, and the higher pay offered by startups. A month ago, John Gruber warned Apple is at risk of losing top talent, and called it "the single biggest problem that Apple faces." [View news story]
Lazard starts coverage on Apple (AAPL) with a Buy and $540 PT. "We propose that Apple is a 'storage' company, not only levered to data creation but instrumental in driving data creation in ways its competitors are not," the firm argues, trying to provide a unique take. "We believe this framework helps to suggest why Apple's outsized profits are sustainable even as competitors continue to close the gap with respect to device capability and quality." Shares +0.4%. [View news story]
Google (GOOG) continues to move aggressively into the low-priced tablet market, aiming to launch a new version of its Nexus 7 tablet around July for maybe as low as $149, reports Reuters. A blow to Nvidia (NVDA), the tablet will reportedly be powered by Qualcomm's (QCOM) Snapdragon processor. [View news story]
"We believe that Apple (AAPL) will launch the iPhone 5S at China Mobile (CHL) this July, as it launches the next iteration of the iPhone globally," writes Wedge Partners' Brian Blair, without elaborating on his sources. The remarks come a little less than 3 months after Apple and China Mobile signed a confidentiality agreement. Blair sees a 5S model supporting China Mobile's TD-SCDMA 3G network likely entering production in May. (WSJ report) [View news story]
"Here's a novel way to drive up a company’s share price," writes the NYT's Jeff Sommer. "Pay billions of dollars in additional taxes." Forensic accountant Robert Olstein reckons that companies such as Apple (AAPL), Microsoft (MSFT) and Cisco (CSCO) should repatriate the tens of billions dollars they hold abroad, pay tax on it, and then use the rest of the cash to repurchase stock. That would boost their share prices by at least 20%. [View news story]
A senior official says Cyprus has reached an agreement with the Troika to impose a 20% tax on accounts over €100K at the Bank of Cyprus and a 4% levy on similar accounts at other domestic banks. The same source told Reuters the country would not nationalize pension funds. [View news story]
Mosaic (MOS -0.3%) plans to invest up to $1B in a joint venture to produce phosphate in Saudi Arabia, a move that would improve its access to agricultural markets in Asia. The $7B project, planned to produce 3.5M metric tons of finished product annually, will be 60% owned by Saudi Arabian mining and metals company Ma'aden; MOS will own 25%. [View news story]
A wake-up call for Lululemon (LULU)? A misfire on a large shipment of black stretch pants deemed too sheer (see-through) by the company not only will hit earnings, but could serve as a warning that it isn't quite ready for the bigger retail challenges down the road, warns analysts. Logistics and supply chain management are now in focus. LULU -5.6% premarket. [View news story]
While Apple (AAPL +0.1%) continues its "active discussions" about returning more cash, the Street's expectations have grown: a Bloomberg poll of six analysts found an average forecast for a 56% increase in the company's quarterly dividend to $4.14/share, or $15.7B/year. That would be good for an annual yield of 3.7%. (Quartz report) [View news story]
The ECB is reportedly not in favor of taxing Cyprus bank deposit accounts under €100K, reports Bloomberg, with a bank spokesman saying the plan is a design not of Brussels, but of the Cypriot government. German finmin Schauble says the same, and say his country wouldn't have issue with another solution. We'll see whether the quick-step back from this plan calms the markets today. [View news story]
Cyprus is talking about taking $6 dollars for every $100 in your savings account. This is a big blow to Russia. Russian people are the biggest investor over there and these people will move the money back.
The ECB is reportedly not in favor of taxing Cyprus bank deposit accounts under €100K, reports Bloomberg, with a bank spokesman saying the plan is a design not of Brussels, but of the Cypriot government. German finmin Schauble says the same, and say his country wouldn't have issue with another solution. We'll see whether the quick-step back from this plan calms the markets today. [View news story]
More on Apple: KGI Securities' Ming-Chi Kuo, who has been pretty accurate with his iScoops, has become the latest to predict a cheaper iPhone is arriving this year. He claims the device will have a 4" display and rely on a "super-thin plastic casing mixed with glass fiber." Foxconn and Jabil (JBL) are among the companies reportedly contracted to make the phone. Sterne Agee's Shaw Wu, who has cut his PT to $630 from $715 on signs of iPhone build order cuts, also expects a less costly iPhone made of "composite material casing." (plastic iPhone patent) [View news story]
People over there they always look for bargain and good company.
Jefferies' Peter Misek cuts his price target on Hold-rated Apple (AAPL) to $420 from $500. He's slashing his revenue numbers and seeing about a 25% chance the company misses Q1 guidance after Jefferies' recent supplier checks. "Historically when handset makers fall out of favor, they fall faster/further than expected." Shares -0.7% premarket. [View news story]
For now I am loosing my shirt and pant. I hope I do not loose my underwear after earnings. I am old and I do not want to learn about short, naked short terms.
IDC dials up its 2013 tablet forecast by another 11%, this time to 190.9M units. The popularity of smaller tablets is a big reason why - the firm estimates half of Q1 shipments will involve sub-8" devices. Android (GOOG) is now expected to be the most popular OS - IDC forecasts a 48.8% share, up from a prior estimate of 41.5%. The iPad (AAPL) is seen having 46% of the market, and Windows 8/RT (MSFT) just 4.7%. 2017 shipments (not an easy thing to predict) are seen totaling 350M. IDC expects PC shipments to fall 1.3% in 2013 to 345.8M units. (Q4 figures) [View news story]
God bless you my man!
IDC dials up its 2013 tablet forecast by another 11%, this time to 190.9M units. The popularity of smaller tablets is a big reason why - the firm estimates half of Q1 shipments will involve sub-8" devices. Android (GOOG) is now expected to be the most popular OS - IDC forecasts a 48.8% share, up from a prior estimate of 41.5%. The iPad (AAPL) is seen having 46% of the market, and Windows 8/RT (MSFT) just 4.7%. 2017 shipments (not an easy thing to predict) are seen totaling 350M. IDC expects PC shipments to fall 1.3% in 2013 to 345.8M units. (Q4 figures) [View news story]
That means you are useless. Somebody with the minimum wage will replace your job.