Seeking Alpha


Send Message
View as an RSS Feed
View lorvic1's Comments BY TICKER:
Latest  |  Highest rated
  • Apple Looks To Level The Carrier Playing Field [View article]
    Very good article. It shows what Cook brought to Apple. He is not personally innovative from a technical stand point but he is a really good businessman.
    Oct 6 09:06 PM | 2 Likes Like |Link to Comment
  • Why Apple Didn't Fix Its Biggest Problem [View article]
    When you base an assumption on an assumption on an assumption the chances of being correct are extremely small. One small example. When you figure costs you add in variable costs and amortized fixed cost such as tooling. When you fully amortize the tooling over the expected run any additional run doses not have that cost included. Hence, the older models are much cheaper to produce than you assume. You also say they will not buy the cheaper 5c if they want to save money. Then why are estimated sales 50%. Who,is buying it and why? I have read many estimates for the 5s and 5c sales. None agree. Why do you pick the 50-50 one? In summary. To many assumptions not enough facts.
    Sep 29 10:31 AM | 1 Like Like |Link to Comment
  • Why Can't Apple's Stock Gain Momentum? [View article]
    "When every eligible investor has bought the stock", is a highly subjective and misleading statement. I have been an investor for over 40 years. All through those years myself and every one of the many investors I know set minimum number of shares they would buy, most set that number at one hundred shares. At a price in the 400's most individual investors cannot afford to buy Apple stock. I estimate that if they would split the stock 10 for one the number of individual investors would sky rocket primarily from Apple device lovers that do not hat forty to fifty thousand dollars to invest in one stock. I personally could easily name a dozen or two in my family and close friends.
    Sep 18 10:39 PM | Likes Like |Link to Comment
  • iPhone China Orders Off To Slow Start [View article]
    Why bother writing an article when you acknowledge such incomplete data? It is pure guess work at this time an useless to a professional investor like myself.
    Sep 18 06:56 PM | Likes Like |Link to Comment
  • Apple's Big Opportunity: China's Not Going Anywhere [View article]
    The Analysts and market pundits put Apple in a no win box when they brought out the new 5c. If it was priced low ($350-400) they were prepared to down grade on compressed margins. It it was priced high, as it was, they were prepared to down grade on lost market share in the lower end. Hence, the down grades and stock price dip. Unfortunately few understand the true Apple story or their strategy. It is long term and based on the premium brand and Eco system. Low priced phones may become a commodity as low price cars, purses, etc. however, there will always be a place for Lexis, Mercedes, Coach, BMW, Eric. Premium brands make the big money.
    Sep 16 12:42 PM | 9 Likes Like |Link to Comment
  • Apple Can Look Forward To A Tough 2014 [View article]
    Analysts put Apple in a no win place. If the 5c came out cheap to gain sales in China and India they would have down graded Apple because of compressed margins. If they came out with a higher price as they did they would down grade Apple as missing much of the lower price market. Most Analysits do not under stand the Apple premium market. They want "Mercedes" to bring out a cheap car to compete with Kia. They never have understood why Apple has been so successful. They believe the cell phone market will become a commodity market where there is cheap cheap cheap. The market is more complex than that. Just as in autos there will always be a premium market. Samsung has proved with the S5 disapointing sales they cannot control that market.
    Sep 16 11:11 AM | Likes Like |Link to Comment
  • Apple: A New Era Begins, What Will Happen To Its Earnings? [View article]
    There is no justification for assumed sales figures. I believe they are too low. I do not believe that sales will crash and burn for the flag ship model. The analyst were wrong last quarter and will be wrong again.
    Aug 23 06:36 PM | 2 Likes Like |Link to Comment
  • Why Stock Prices Are More Stretched Than You Think: A Tale Of 3 P/E Multiples [View article]
    I find the article lacking in current data. Three charts ended in 2007. Only one was relartively current. No mention of current P/E ratios. Therefore, hard to compare to where we are now.
    Aug 17 08:28 AM | 1 Like Like |Link to Comment
  • Apple: A Comeback Or Speculation? [View article]
    Product sales are not down at the author says, iPhone sales were up this last quarter, much better than expected. An iPhone 5c does not need to cheapen the brand image. I am come the states but on vacation in Paris. I see many small inexpensive Mercedes cars. However, that has not cheapen the Mercedes brand. Apple can do that too.
    Aug 8 03:42 PM | 1 Like Like |Link to Comment
  • Micron Technology (MU -5.7%) slides as DigiTimes (citing industry sources) says Q3 NAND flash demand will be weaker than anticipated thanks to "disappointing sales of high-end smartphones." Assumptions about smartphone demand had previously led some to anticipate NAND flash shortages for the quarter (previous). There's also some concern about downward pressure on prices in Q4 due to new capacity (previous). Also having a rough day is SanDisk (SNDK -5.2%). [View news story]
    Since iPhone sales were stronger than expected this sounds some what disingenuous. Unfortunately, DigiTimes is often not a very reliable source.
    Jul 26 11:16 AM | 2 Likes Like |Link to Comment
  • Don't Expect The Sale On Apple Shares To Last Forever [View article]
    Several things must be noted. Samsung reported sales today but did not break out sales for their Galaxy S4 or S4s. That is the only phone they have that competes with the iPhone. I assume that along with the recent discounting of the S4s only three months into its launch means they are losing the high end market to Apple since Apple sales blew away the analysis's projections. To wonder why Apple is losing market share in the smart phone market is foolish as the definition of smart phone is overly broad and not defined. To compare an iPhone to a low cost HTC phone is really comparing apples to oranges. They are not nearly the same. I know, I had a HTC (so called smart phone). It was nothing like an iPhone.. The current iPhone does not compete with the low cost phones just like the BMW or Lexis does not compete with the Ford Focus. Does that mean BMW, Mercedes, Lexis, etc. are losing? No.
    They are in a different market. It appears that Apple is winning in the market they are presently in. They may or may not decide to compete in other markets going forward. However, that does not take away from what they have done and what they are doing.
    Jul 26 11:02 AM | 14 Likes Like |Link to Comment
  • Charlie Munger: Energy Independence Is Dumb [View article]
    The assumption that the attempt by Russia and China to establish a new reserve currency is only and assumption and not supported by logical analysis or critical thinking. Without it the article is severely lacking for the conclusion is based on that assumption and treated it as fact, however, it is not fact. It was only a few short years ago that similar articles claimed the Euro would supplant the dollar as the reserve currency. That, of course, has not happened. Russia as an exporter and China as an importer can, of course, make any arrangement between themselves but they cannot control what the rest of the world will do.
    Jul 26 10:03 AM | Likes Like |Link to Comment
  • Apple Inc.'s Slumping Unit Profits Spell Trouble [View article]
    Poor article. Does not understand basic economics of products and product development and market. It is normal to discount to reach a broader market. Apple has done an amazing job in reaching the lower priced market even though it has not introduced a lower price iPhone. Their marketing is brilliant. Remember with their high retention rate this brings more and more into their Eco system. They did this without discounting their flag ship product. As I said this was brilliant marketing.
    Jul 24 09:46 AM | 7 Likes Like |Link to Comment
  • Apple Inc.: Slightly Disappointed, But More Hopeful [View article]
    A little pessimistic but over all a fair article. He did not seem understand the significance of the increased iPhone sales. The bloom is off the Galaxy 4 phone as have been illustrated by iPhone sales and week sales and already discounting of the latest Galaxy model.
    Jul 24 09:38 AM | 3 Likes Like |Link to Comment
  • Apple Inc.'s Oppenheimer Engineers A Q3 Beat [View article]
    Very good article.
    Jul 24 01:09 AM | 1 Like Like |Link to Comment