Seeking Alpha


Send Message
View as an RSS Feed
View SidSilver's Comments BY TICKER:
Latest  |  Highest rated
  • Tesla's Non-GAAP Fairy Tale [View article]
    Yes, in fact Mercedes and Toyota source from Tesla.
    Aug 11 02:36 PM | 1 Like Like |Link to Comment
  • Tesla's Non-GAAP Fairy Tale [View article]
    >Frankly I can't imagine a market where the successful launch of an affordable Gen3 Tesla won't trash the resale value of today's $100,000 Model S.<

    Why not?

    A used Mercedes S class always maintains its value compared to a C class.

    If you can't imagine a world in which a luxury car is valued as a luxury car, which looks, feels and has a different status than a mid-level car, what planet are you on? Seems to be the let's-bash-Tesla-to-ge... and show everybody that I'm pseudo-smart planet.

    There is a clear difference in driving, and being seen as owning, a luxury car (Tesla S) and a mid-level Tesla (even if its new) is still a mid-level car.

    Range / Economy isn't the only reason to buy a luxury car.
    Why does one have to tell you the obvious, John?

    Soon, customers all around the world will be buying Tesla cars, as deliveries have started to Europe. And will soon be sold to China.

    PS. You are making a dangerous assumption that a used Tesla can't be upgraded. It probably could, but either way it is not critical. Because a 3-year old Mercedes S class doesn't have the current fuel economy but does its job sufficiently well. And that's what matters.

    Unfollow John Petersen.
    Aug 11 02:34 PM | 6 Likes Like |Link to Comment
  • Apple Must Do The Unthinkable To Address Emerging Markets [View article]
    These days aapl can't even do the thinkable... you want it to do the unthinkable?! Tim Cook is just not a product man and after Steve Jobs there is no one at aapl who really is. No wonder the products are not head and shoulders above the competition as they used to be.

    BTW you seem to know very little about Huawei. The company's sales are over $30 Bn, and aims to top 100 Bn in a few years.
    The value of this company far exceeds the $2Bn you think it is worth.

    Most of its sales are in Telco type Telecom products (not in consumer telecom products like mobile phones). This is not the business aapl wants to be in.

    Nicholas, you need to think hard about whether you should write articles here at SA if you can't even do a 2-minute google search on Huawei before writing about it.
    Mar 27 04:20 PM | 1 Like Like |Link to Comment
  • Apple Needs A Staggering Breakthrough, And Quickly [View article]
    >What has dramatically changed in the last few months for Apple's stock price to crater 35%?

    Simple. Apple is all about amazing innovation -- and there isn't anything impressive in last few months. (Apple has never been about mergers and dividends - the type of options that the author suggests - so even if they happen they will be ineffective)

    And without a product manager (a function Steve carried out) they will just continue to put out incremental improvements. This is what has been happening. Jony Ive is a designer and not a product manager. So who is their star product manager? NO ONE.

    Apple products used to be way ahead of the competition -- now they are only marginally so. I have an iPhone 5, but I would be pretty happy with an S3, or some other like a Nokia 920. Each have their plus points. The iPhone no longer stands head and shoulders above others.

    The iPad is pretty much the same old story as 2 years back.

    So here we have a company known for amazing innovation, not doing it. Where is the hole? No star product manager who could over ride others and make it happen. There is no product leader.

    That they will soon launch an iWatch or an iTV is no excuse for Apple putting out boring products in the meanwhile.

    It's also no excuse for not having a broader product line if you want to sell worldwide. Choices and preferences differ from person to person and from country to country. Apple insists they don't.

    A star product manager would force his way on the company and fix all this.
    Feb 16 03:49 AM | 1 Like Like |Link to Comment
  • Apple: Mixed Report Gives Bulls Some Long-Term Hope [View article]
    No, MWin but I'd feel more reassured if their products had some real innovation. At the very least, the iphone 5 needs to be wider so I can see more on it. This is obvious, doesn't matter what Jon Ive says. Duh.
    They need a top product guy -- there is none after Steve. Tim is not a product guy and Jon Ive is a design guy, he is not a product guy. There is no product guy, this is why they come up with silly stuff like iPad 4, taller iPhone, a shrunk iPad (mini). Where is the innovation? Answer: missing
    Clearly, Tim Cook should be COO and not CEO, because the innovation has failed under his watch.
    Jan 24 12:21 AM | Likes Like |Link to Comment
  • This Could Be Why Apple Shares Are Down [View article]
    Don't take richbar too seriously. He has the same point in almost every post, sounds like a troll or paid schill to me.

    In the financial year that ended, aapl grew by >40%. However richbar just *assumes* that they won't grow much from here -- even though, sales seem to be doing really well!

    He also *assumes* that aapl will not come up with anymore iProducts -- even though, there are hints by Tim Cook about the TV space in an interview and about other spaces in the press.

    So yeah, never mind the facts, let's just assume things, shall we?
    Dec 28 01:05 PM | Likes Like |Link to Comment
  • More on Apple: Topeka's Brian White, he of the $1,111 PT, claims "an insatiable appetite" exists for the iPad Mini in mainland China and Hong Kong, with checks indicating nearly all models are sold out in Hong Kong stores. He also claims Chinese iPhone 5 availability has improved, and that local resellers are calling it the most popular high-end smartphone. (previous[View news story]
    " local resellers are calling it the most popular high-end smartphone"

    Yes, when I talk to salespeople about how well the iPhone 5 is selling, they get very enthusiastic and say that it's doing extremely well. Some were able to compare it to the iPhone 4S (and said it was selling better) and some were not able to compare it.

    Anyway the point is that salespeople in 3 stores lit up when I asked how well it was selling. And not all of them were Apple stores.
    Dec 28 12:55 PM | 4 Likes Like |Link to Comment
  • Ignore The Noise: 3 More Reasons Apple Might Beat Estimates [View article]
    Hey Alex -- that speakers test is nothing. Wait till you hear the iPhone 5's headphones. IMHO, the listening to music on those new headphones is the killer app of the iPhone 5. It's the No. 1 reason I'd recommend the iPhone 5.
    Dec 27 12:44 PM | Likes Like |Link to Comment
  • Finding Alpha: Can You Beat 84K Others? [View article]
    The premise of this article escapes me.

    You don't need to beat 84,000 others. You just need to be in the half that guessed the direction right (up or down).

    There are plenty of questionable things in this article.... and there are other better articles to spend commenting time on :)
    Dec 27 11:53 AM | 1 Like Like |Link to Comment
  • Year-Over-Year Apple Q1 Comparison: Projections, Estimates, And Actual Results [View article]
    " It should be patently obvious that every option buyer is a non-buyer of actual shares of the stock and contributes nothing to an increased value."

    Well -- I could say that even a buyer of stock creates no value. Value is created in society when products that make people's life better, are made and sold. Buying and selling stock doesn't change that.

    Personally though, I believe that buyers of stock as well options create value in society -- although there are differing opinions on this. You can also question whether someone making drugs creates value in society. How about liquor? Chewing gum? Soda pop? You see how there is no easy way of deciding this. The moment you say that cigarettes create no value, you are in an eternally gray argument.

    Similarly, when you say that option buyers create no value you make a gray argument.
    Dec 25 12:48 PM | 2 Likes Like |Link to Comment
  • Consider Selling Apple Stock [View article]
    > Never been a company like apple. A boon to the human race if the model gets copied

    Finally someone gets it. What we have here is a whole new way of being - and it's not just the reporting structure. But further on what you said, Jony Ive reports straight to the board so no suit can ever come in his way.

    BTW The suits *did* take over aapl. And drove it in to the ground. That's when Steve Jobs had to be called back.

    Although, sometimes I wonder if Jony Ive is going too far The new iPhone 5 is a marvel of design and not a marvel of a product. The reason is, there is no senior product guy at aapl (Steve used to do this). There is a big hole in the senior management lineup: there is no product guy. And that is why despite all the innovation, the products are just not as innovative as before.

    Still they are better than anything else out there and sales are strong. Let's hope they get a product guy soon.
    Dec 18 03:03 AM | 1 Like Like |Link to Comment
  • Apple's Return On Capital Employed Is Not Sustainable [View article]
    While your points make "logical" sense they do not make business sense (i.e. strategic sense). Running a company dictated by ROC is guaranteed to lead to decline.

    Why shouldn't someone be logical? I'll tell you why: for example: if you ran aapl "logically" then you would never take the risk of making a pad, because pads were known to have failed every single time someone launched them. It was known that they had too many issues.

    And you would never be in the phone business, because it was logically true that the phone business was led by entrenched players like RIM and Nokia. It was stupid to think that some small player with no experience in phones could beat these companies.

    And of course there is no way on earth you want to be in TV -- declining margins, commodity prices, dominated by the Koreans, etc.

    So "logic" doesn't work here. Strategy and chutzpah do.

    KRW, a high ROC is a *result* of what you do and not a criteria on which you can run a business like aapl. You, and many others, have this completely backwards.

    The criteria do determine WHAT you should do in a business needs to be dictated by strategy. Because if you ignore strategy and just invest based on ROC then in just a few years, you will have no "R" on which to measure ROCE, ROA, ROC, etc.

    Suppose aapl wants to build a new $0.5 billion lab for future R&D. The ROCE is unknown. It may well happen that nothing great comes out of it. While the ROCE is known and is an almost sure thing for stores. So should aapl not invest in the R&D lab, and invest in stores only? Wouldn't that be pretty wrong? *What* will the stores sell a few years from now to maintain that high ROCE?

    Even though you know making decisions on high ROCE leads to such consequences, ROCE is the deciding criteria your article proposes. Please explain.
    Dec 12 02:57 PM | 1 Like Like |Link to Comment
  • Following supply chain checks, Sterne Agee's Shaw Wu has raised his calendar Q4 iPhone forecast to 47.5M from 47.3M (better yields and availability) and lowered his iPad forecast to 23.5M from 25M (Mini supply constraints, regular iPad cannibalization), but left his Apple (AAPL) EPS forecast unchanged. It's worth noting JPMorgan recently lifted its AT&T iPhone activation forecast, and Mizuho lowered its iPad forecast. AAPL +1.2%[View news story]
    Shaw Wu has checked the supply but what about the demand? Are the 5 sales higher in the same period last year than the 4S? That is what matters.
    Dec 12 01:47 PM | Likes Like |Link to Comment
  • The Market Is Missing Apple's Potential [View article]
    Not sure how all the stuff the article says and what the comments are talking about matters any more. It now depends on just one thing: the numbers aapl will report for this quarter in January.

    Worse, no one has any clue. Not even the analysts have any sense of what demand for the iPhone 5 was on Black Friday, or so far in December, as compared the 4S over the same period. If anyone has any facts or read something on this, do tell us, it would help to know.

    Unlike with the 4S and the Dec 2011 results, where the only way to go was up, with the 5, it won't be so easy for aapl to beat the expectations and the upcoming whisper numbers the street will come up with. IOW, this time, anything could happen.

    And so results and their expectation, alone, are what will really influence the price in the next few weeks and months. Period. The cliff, selling for gains, etc. is pretty much all in at this stage,
    Dec 12 01:39 PM | Likes Like |Link to Comment
  • Apple: Value Play Or Value Trap? [View article]
    great comment baillin number
    Dec 9 03:16 AM | Likes Like |Link to Comment