With the stock at $440, the best risk-reward is probably a risk-reversal option strategy - buy a 440/500 6-12 month call spread while selling a 370 put of the same expiration.
"Law of large numbers" is not how the author described it. Instead, it's a statistical rule that assumes that as the number of samples increases, the average of these samples is likely to reach the mean of the whole population.
"Karl's focus on market share does not consider the context of earnings, which continue to increase."
Absolutely - AAPL is garnering a huge share of phone profits with low market share. BMW and Porsche have similar business models in a cutthroat industry and they too have gone downmarket to scoop up more profits with no real harm to their premium brand.
Very nice strategy Bret. If one has confidence in AAPL being above $500, maybe a risk reversal is also a good strategy.
A 12/22/12 bullish 530/560 call spread with a short 490 put is roughly $5.00 including commissions for a potential 6x payoff with just a 5-6% stock move.
Apple: Why I Was Wrong - The Company Is Just Too Cheap To Sell [View article]
I talked to the staff at Best Buy in Manhattan and they said it sold out very quickly and that customers were surprised how light and easy to handle it was.
What's Happened To Apple's Quality Control? [View article]
Yeah, just like the horror of the iPad getting to as high a whopping 116 degrees! :-)
The iPhone has won the JD Powers customer satisfaction surveys over the past 4-5 years - the mapping is a real issue but AAPL will likely focus lots of energy addressing this.
What Happens If The iPhone 5 Flops? [View article]
I agree - I own a 4S but every person I know who has a pre-4S or older Android plans to upgrade to the 5 and those like me with a 4S will upgrade when their 2-yr contract is renewed.
The iPhone 5 could theoretically be a flop, but should be at least as desirable as it's strongest competitor (Galaxy S3).
Pat, I'm not sure why you had to bring up politics in an AAPL article but I'm not so sure about your own analytical skills given the vast majority of our current deficit is due to the remaining Bush policies and Obama has had the slowest growth in federal spending since Eisenhower.
Excessive Speculation In Apple Call Options? [View article]
My point was simply that Enzo was the force behind Ferrari, and like Steve Jobs, was seen as a genius and was brutal to those who didn't meet his exacting standards.
Enzo's last real car was the F40, which was truly spectacular, but later cars such as the F430, Enzo, 458, F12 etc. have also been very desirable, although very different. Jony Ive and other Apple creative and tech people seem to possess the talent to drive further great products IMHO.
Also, although your old Ducati may be stylish, the 1199 Panigale S is a great bike and the Monster is a strong seller despite the founding Ducati brothers being long gone. Like Apple owners, Ducati riders are a loyal bunch.
Excessive Speculation In Apple Call Options? [View article]
Yes, and when Enzo Ferrari died in 1988, Ferraris quickly became second-rate sports cars and lost all desirability. Today, the company needs to heavily discount 458 italias and F12 Berlinettas.
Excessive Speculation In Apple Call Options? [View article]
Mark Anthony is almost as clueless as Michael Dell who, one month after Jobs rejoined AAPL in Sept 1997, in response to the question of what he’d do if he was in charge of Apple, said “What would I do? I’d shut it down and give the money back to the shareholders.”
I love my iPhone 4S and plan on using AAPL products for a long time to come given iOS and the design excellence from Sir Jony Ive etc.
Lessons Learned From An Apple Bull [View article]
Is Apple Really A 'Buy'? [View article]
Apple's Slipping Grasp [View article]
Absolutely - AAPL is garnering a huge share of phone profits with low market share. BMW and Porsche have similar business models in a cutthroat industry and they too have gone downmarket to scoop up more profits with no real harm to their premium brand.
My 4-To-1 Bet On An Apple Rebound [View article]
A 12/22/12 bullish 530/560 call spread with a short 490 put is roughly $5.00 including commissions for a potential 6x payoff with just a 5-6% stock move.
Apple: Why I Was Wrong - The Company Is Just Too Cheap To Sell [View article]
Apple: Why I Was Wrong - The Company Is Just Too Cheap To Sell [View article]
Hold on, are you an idiot?
Apple Breaks Below Its 200-Day [View article]
Well done!
What's Happened To Apple's Quality Control? [View article]
The iPhone has won the JD Powers customer satisfaction surveys over the past 4-5 years - the mapping is a real issue but AAPL will likely focus lots of energy addressing this.
What's Happened To Apple's Quality Control? [View article]
What Happens If The iPhone 5 Flops? [View article]
The iPhone 5 could theoretically be a flop, but should be at least as desirable as it's strongest competitor (Galaxy S3).
Sell Apple And Run Away? [View article]
Here are the facts:
http://wapo.st/Qm3Xwx
http://onforb.es/N3QELN
Also, contrary to your talking point, Obama has taken far fewer vacation days than Bush or Reagan:
http://bit.ly/OjZqud
I'm sure you won't correct your biased partisan views but I had to try exposing you to something called "reality".
Sell Apple And Run Away? [View article]
Excessive Speculation In Apple Call Options? [View article]
Enzo's last real car was the F40, which was truly spectacular, but later cars such as the F430, Enzo, 458, F12 etc. have also been very desirable, although very different. Jony Ive and other Apple creative and tech people seem to possess the talent to drive further great products IMHO.
Also, although your old Ducati may be stylish, the 1199 Panigale S is a great bike and the Monster is a strong seller despite the founding Ducati brothers being long gone. Like Apple owners, Ducati riders are a loyal bunch.
Excessive Speculation In Apple Call Options? [View article]
(note heavy snark)
Excessive Speculation In Apple Call Options? [View article]
I love my iPhone 4S and plan on using AAPL products for a long time to come given iOS and the design excellence from Sir Jony Ive etc.