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Jack Staub

Jack Staub
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  • Will Apple Ditch Google For Yahoo Search? Never Say Never [View article]
    Apple should buy Yahoo and compete directly against Google.

    Advertisers will pay more for iOS clicks and that will encourage them to start using Yahoo's paid search advertisements.
    Apr 17 10:42 AM | 4 Likes Like |Link to Comment
  • Apple Investors May Need A Reality Check [View article]
    Compairing Apple's foreign reserves to an individual's 401K makes no sense. Apple doesn't need those funds for retirement, it needs to be much more aggressive in making use of that capital today!
    Apr 2 01:57 PM | Likes Like |Link to Comment
  • Apple: $635 Price Target Feels Right [View article]
    So you're unhappy because you bought Apple at its 2012 peak -- when all of the analyst were over-hyping the company -- and now you feel like a chump and want to tell the company how to invest its cash.
    Are you blaming Tim Cook for your bad timing??

    There's a limit to how any company can expand R&D without wasting a ton of capital.
    Mar 12 05:29 PM | 3 Likes Like |Link to Comment
  • Apple: $635 Price Target Feels Right [View article]
    Apple's been increasing R&D 35% annually since 2009, which is a tremendous increase for any engineering organization. In 2009 Apple's R&D was $1.3B and that grew to $4.5B in 2013. So I'd guess they'll spend close to $6B in 2014.

    That's a lot of money invested in future product development. I'm certain that Apple could tell us on a weekly basis what products are in the pipe, and that drum beat of press releases would push the stock price higher in the short run. But since Apple is the leader, competitors would only use this information to their advantage, and in the long run that would be devastating to Apple and its share price. So investing a lot in R&D while keeping quiet is exactly the right thing to do from the perspective of a long term investor.

    Another reason I'm long Apple is because of their share repurchase. The more shares they buy, the more of the company I own, and over the next 10 years EPS should increase significantly -- even if overall earnings don't.

    Management appears to be doing all the right things, at least for investors with a long term view. But 'long term' means years, not months.
    Mar 12 01:13 PM | 4 Likes Like |Link to Comment
  • Get Out Of Bitcoin Now [View article]
    Someone Madoff'ed the Bitcoin!
    Feb 26 09:20 AM | 2 Likes Like |Link to Comment
  • If WhatsApp Is Worth $19 Billion, Then Facebook Isn't Worth $173 Billion [View article]
    They are already moving on:
    Feb 23 01:47 PM | Likes Like |Link to Comment
  • Is Apple The Next Microsoft? [View article]
    ... and (c) buy back enough shares to reduce the number of common shares each year by 5%, increasing EPS by 5.26% annually; (d) increase its dividend by 5.26% each year with $0 impact to cash flow due to fewer shares outstanding; and (e) continue to add cash to its balance sheet. That's a 7.5% compounded return to shareholders on the EPS gains & dividends alone!

    Assuming NO GROWTH in overall earnings, after 10 years EPS would be increased 67%, as would the dividend. The stock should trade in the $900 to $1000 range even with its current pathetically low PE. All this simply because there are fewer shares.

    Clearly Apple doesn't need to grow overall earnings to generate a very healthy EPS growth and continue to pay & grow its dividend.

    However, it is certainly possible that they do introduce new products and that their overall earnings increase. If so, that would result in even higher EPS growth, dividend growth, and/or retained cash. I also think their PE would increase as the market becomes more comfortable with Tim Cook and future prospects of the company.
    Feb 21 02:10 PM | 1 Like Like |Link to Comment
  • Google buys click fraud prevention startup [View news story]
    About time!

    I've been complaining to Google Adwords for years that there's growing click-fraud in our advertising campaigns, which has become worse as more Android devices enter the system. It's become so bad that we have basically given up on Adwords. Unfortunately, Google has had little incentive to clean this up because this fraud added to their bottom line.
    Feb 21 10:50 AM | 1 Like Like |Link to Comment
  • Apple lower on Barclays downgrade. Tesla's Musk confirms talks. [View news story]
    Asharaf, there's nothing silly or artificial about this. Buffet pointed to this advantage a number of times regarding Berkshire's portfolio. When Apple buys back shares when prices are low they can buy more shares, and I end up with a larger ownership in the company, and a larger share of its earnings.
    Feb 20 03:07 PM | 1 Like Like |Link to Comment
  • Facebook - The Greater Fool? [View article]
    The only growth area for FB is the grandparents of its former users. Younger users avoid FB like the plague and have moved in mass to messaging apps, as that is the hip area to socialize this year.

    When FB buys any hot social App that too will become uncool and kids will move, but moving is easy and inexpensive. There are hundreds of other Apps in the development pipe ready to replace WhatsApp and become the 'cool' social network for kids next year, and then again the year after that.

    Will FB spend tens of billions per year trying to stay relevant, or will they run out of capital and do a MySpace?
    Feb 20 01:36 PM | 1 Like Like |Link to Comment
  • Apple lower on Barclays downgrade. Tesla's Musk confirms talks. [View news story]
    As long as APPL is buying back shares longs should want a lower share price.
    Feb 20 12:09 PM | 2 Likes Like |Link to Comment
  • Google thinking of bringing Fiber to nine more metro areas [View news story]
    What happens after Google abandon's this initiative?
    Ask Motorola.
    Feb 19 01:59 PM | Likes Like |Link to Comment
  • Google's Acquisition Of Motorola - Not Such A Failure After All [View article]
    In less than 2 years time: Google acquires Motorola; lays off 12,000 employees; sells off the phone business to China; shares its patents with South Korea; and pisses away one year's profit. All in Google's effort to hobble Apple, who it views as a competitor -- even though Apple has no search.

    Ether this was Google's plan from the start ...
    or Apple destroyed Google on the product gridiron.

    Google talks a big game, Apple delivers.
    Feb 2 02:14 PM | 8 Likes Like |Link to Comment
  • Why Investors Love Google's Aggression [View article]
    I know that has been Google's position for a long time, at least until the NSA was found to be collecting all of Google's data, then they were outraged that someone would do such a thing!
    Jan 31 02:31 PM | Likes Like |Link to Comment
  • Why Investors Love Google's Aggression [View article]
    Google has a monopoly on search and the data they collect for that service. This is a growing risk for society. It's also an unappreciated risk for its shareholders as Google is more than an AT&T like monopoly, much more. If it wanted to, Google could easily use its data to eliminate competition, influence government policy and sway elections. At some point it will be regulated or broken up and then the profits will fade.
    Jan 31 01:49 PM | 1 Like Like |Link to Comment