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Jack Staub

Jack Staub
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  • Apple: Why The Cash Issue Is So Important [View article]
    There was a 1% increase in treasuries between the first and second round, so I don't see how you can claim the higher rate paid for the second round was due to Apple's existing debt.

    "Both cases were marginally over treasury bonds"
    http://bit.ly/1jbqMlE
    Jul 8 10:30 AM | 2 Likes Like |Link to Comment
  • Apple: Why The Cash Issue Is So Important [View article]
    Apple's debt raised in 2014 carries a higher interest rate than 2013 due to changes in the market over that time, not because Apple's financial condition has weakened. Apple's timing in 2013 was remarkably good.

    Also note that if and when interest rates do rise, Apple will earn higher interest on its cash & investments, and that will exceed the higher interest paid on debt -- as its pile of cash is significantly larger than its pile of debt.
    Jul 8 04:18 AM | 12 Likes Like |Link to Comment
  • The Genius Of The Apple iPhone 6 [View article]
    With a sapphire screen, the iPhone 6 could integrate the home button & fingerprint sensor under the sapphire crystal, streamlining the phone's look and feel considerably.
    This would be so anti-Samsung, don't you think?

    If they cover the back of the phone with a sapphire solar cell, that could be used for recharging the battery, substantially increasing the time between plug-in charging, and further streamlining its look and feel.

    Each feature would be significant in its own right, and fully capable of sending the iPhone masses into a buying frenzy. So it's probably best to bring them out over multiple product cycles.
    Jun 26 03:47 PM | 1 Like Like |Link to Comment
  • A Tale Of Unbridled Optimism [View article]
    Apple has a PE of 15, where exactly is the excessive optimism in that?
    Jun 25 01:19 AM | 1 Like Like |Link to Comment
  • Is Samsung Finally In The Smartphone Driver's Seat? [View article]
    I don't use an Android phone because I don't want to be fleeced of my personal data, and I most certainly don't want my kids having their data and location info taken and sold to the highest bidder. As a parent, this prospect is rather unnerving!

    Even if Google offered to pay me $1000 a year to use their phone, it wouldn't change my perspective. Data privacy is a very valuable feature that Apple provides, not Google.

    Beware of 'free' gadgets from datamongers!
    Jun 12 04:15 PM | 5 Likes Like |Link to Comment
  • Overlooked Upside Potential In Apple's Acquisition Of Beats Electronics [View article]
    Beats already sells headphones and portable speakers, why not go into automobile sound systems? The brand is well liked across a wide demographic. They could give Bose and Harmon Kardon a run for their money.

    And what about home audio systems, e.g. TV surround sound built into a next-gen receiver like an Apple TV + cable receiver + wireless home router combo with Beats sound.

    The Beats acquisition can easily lead to many other segments. Apple has been working closely with the automobile manufactures and cable operators for some time, so this may be MUCH closer than we know. Perhaps the Beats brand would allow Apple to pursue a broader demographic, and counter the “Apple’s only for rich people” criticism.
    Jun 11 04:57 PM | 3 Likes Like |Link to Comment
  • Amazon's New Smartphone Spells Trouble For Apple [View article]
    Trainer's paid by shorts to do 'research'.
    Jun 9 12:25 PM | 4 Likes Like |Link to Comment
  • War Over The Horizon: Andreessen Vs. Buffett And The Battle For The Future Of Finance [View article]
    BRK is also paying a 35% tax rate, which is a much higher rate than what the S&P500 pays -- and who's average tax rate has been falling for years. So BRK's book value grows more slowly as a result.
    May 25 11:19 PM | 1 Like Like |Link to Comment
  • War Over The Horizon: Andreessen Vs. Buffett And The Battle For The Future Of Finance [View article]
    Andreessen's the gambler, Buffett's the house.
    Over the long run the house doesn't lose, especially WB's house.

    Who was the hedge fund manager who bet a $1M that he would out perform Buffett? Like Andreessen he talked a big game, but made that bet at the peak of hedge fund performance. When Buffett took the bet the market laughed. Who's laughing now? You got it, the house!

    Bitcoin is Ponzi scheme and it will collapse in due time.
    May 23 10:41 AM | 10 Likes Like |Link to Comment
  • Why Tim Cook Wants Mom And Pop To Buy Apple [View article]
    Small investors buy indexes (not shares) so being part of DJIA should give them access to Apple (via their 401K purchases of the index).

    The lower share price should make it easier for midsized personal investors who want to purchase in 100 share increments, where $60K per trade may be a hurdle.
    May 13 12:29 PM | 1 Like Like |Link to Comment
  • 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]
    "Insufficient."
    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
COMMENTS STATS
85 Comments
175 Likes