Apple: $420 A Share Could Have Marked The Bottom [View article]
People were shaking in their boots over Galaxy s4 until it was unveiled and determined to be a piece of $hit...Now the scared money is coming back to Apple, while the smart money never left...Unless of course you try and time the market, the ultimate fools game.... For the record I am long Apple since 05 @ $37.00 per share, I didn't sell at $ 80.00 in 09 and I wouldn't sell at 443.66 in 13...If my twenty years of investing experience has taught me anything, it has taught me to be patient and hold quality companies.
4 months ago you couldn't find anybody who thought Apple would ever go down. Now it seems you can't find anybody who thinks Apple will go up. I think that should show you why you can't make money following the herd. Do as they do and you will not make money, dare to see things from your own perspective and you will be ahead of the curve.
Early reports from on the street indicate organized labor protests at Wal-Mart (WMT) stores aren't disrupting Black Friday traffic. The activist group spearheading the effort estimated that close to 25% of all stores would see protests, but live webcams and TV shots from various locations show little action other than frenzied shopping. [View news story]
Would the unions be happy if all the jobs were in in Asia and India, they have done such a good job making labor unaffordable that companies have moved whatever parts of their businesses they can out of the USA!!!
IBM's Big Data For Smart Grid Goes Live In Texas [View article]
Trader008....you think IBM is responsible for storms, wow they are big, but they can't creat hurricanes....what it does mean is there are improvements and upgrades that they can do for our ultilies to help them get up and running faster after such disasters though. The infrastructure in America needs upgrading and IBM's smart planet division should get plenty of business as a result.
Though analysts have come to its defense this morning, Apple (AAPL -1.9%) can't catch a break - shares now trade at 8.2x FY13E EPS (exc. cash). The decline comes as signs emerge Apple is taking new steps to vertically integrate: Digitimes reports Apple is now directly placing orders with material suppliers, who traditionally interact with manufacturers, and Horace Dediu theorizes Apple may have invested ~$2B in Sharp's display production. He also notes Apple's off-balance-sheet manufacturing/component purchase commitments have risen to $21.1B. [View news story]
Apple is selling off because it,s shareholders are taking their gain now before the tax increase. Apple is making some good desicisions for the road ahead. Relying as little as possible on the companies that would steal their ideas. Some are scared this will hurt earnings. But I don't really think it will. look at the line up of products Apple has and just in time for the holidays. And now the Samsungs and Googles. Can no longer have the inside information to copy.
Jim Cramer gives his take on McDonald's (MCD -1.2%) slumping comparable-store sales, saying he's confused why the company's promotional pricing isn't promoted. As for the slumping global economy, Cramer wonders why Starbucks knocked out a fantastic quarter with $4 coffee drinks while McDonald's headed south with $1 coffee. (video) [View news story]
I get gas from McDonald's. haven't figured out how to power my Honda with yet though.
Apple (AAPL -0.3%) roundup: 1) For the first time, Apple is including Android itself in a patent suit against an OEM (Samsung). Does Google (GOOG) respond with a software patent suit, or does it continue to tread lightly? 2) Apple has been granted 29 new patents from the USPTO (I, II). One covers the iPad's design, and another a method for using a sound sensor to adjust audio output. 3) 88% and 75% of U.S and Western European iPhone owners say they're likely to buy another one, per Strategy Analytics. That's down from a prior 93% and 88%. [View news story]
Is the glass half full?, I don't need a new iPhone cause my 4s is fine ask me next year my answer would be yes, as my phone co. will subsidize my new iPhone 6. So many people are in my boat, of course there would be a little drop off in the #'s.
Apple's Recent Management Moves: Addition By Subtraction [View article]
A pleasure to read, very informative insight into Apple's management decision's. I am confident in the current team. If the biggest worry is that Mr. Forstall will eventually join the competition, that would seem to be someone other than Apple's problem.
Your investment timing is terrible to say the least. You knew Apple's products were superior enough to use them for ten years before investing in the stock. You then decide to sell after a year. Looks like you held just long enough to get taxed at a Long term gain. I started using Apple products in 2004, bought in 2005 at 37 and my long term gain is compounding ever since. The difference between us is greed ,you almost doubled your money in about a year, got spooked because your afraid you'll lose your double. While I have seen my investment rise by a factor of about 15. I took a little off the table this year too, but realize there is nobody making better products, so will let the majority of my investment keep multiplying.
Hurricane-hardened New Yorkers snapped up the iPad Mini today: Topeka's Brian White reports the flagship 5th Avenue store sold out in an hour. Lines were much smaller elsewhere, though Piper still thinks 1.5M in weekend sales is possible. Meanwhile, Apple (AAPL -3.3%) has been banned from selling the iPhone in Mexico under its current name after a court ruled the name is too similar to iFone, trademarked by a local firm in '03. Like the Chinese iPad dispute with Proview, this will probably end with a payoff. (earlier) Update: The Verge claims reports of a ban are off, though it looks as if the court "ordered Apple to pay substantial fines and perhaps even pull the iPhone from market." [View news story]
@armchairhero "AAPL has robbed their customer base clean and will become the next RIMM in 5 years." What do you base this intelligence on.......a new technological breakthrough in carrier pigeons? If Apple becomes irrelevant in smartphones, who would be the innovator in the category......since their closest competitor Samsung would also be irrelevant since they merely copy Apple.
Wal-Mart On Its Way To Bringing Operational Efficiency And Productivity [View article]
I think Walmart has only just begun to understand that huge airport hanger stores are too large for a lot of people and communities don't want them. Add to that they are going after Amazon. Buy you will not regret. I am long Walmart.
The soda industry continues to push back at the contention of NYC Mayor Bloomberg amongst others that the nation's obesity issues and high level of soda intake are interwoven. According to data dug out by academics, despite getting close to 100% of the blame, extra sugar only accounts for 9% of the extra calories the U.S. population takes in today compared to 30 years ago. Of that 9% extra sugar rush, soda only makes up a subset of the total. [View news story]
Why pick on soda, all products are super sizing portions to charge more per purchase. Packaging usually costs more than the content. On the other side consumers want the most for their buck, 40 oz is only 25 cents more that the 16 oz. hey give me the big one. This applies to many more products people consume. But Bloomerg dosn't go after double cheese burger yet. Let the people decide for themselves!
Apple: $420 A Share Could Have Marked The Bottom [View article]
Apple Is Not Worth $460 [View article]
Early reports from on the street indicate organized labor protests at Wal-Mart (WMT) stores aren't disrupting Black Friday traffic. The activist group spearheading the effort estimated that close to 25% of all stores would see protests, but live webcams and TV shots from various locations show little action other than frenzied shopping. [View news story]
IBM's Big Data For Smart Grid Goes Live In Texas [View article]
The infrastructure in America needs upgrading and IBM's smart planet division should get plenty of business as a result.
Though analysts have come to its defense this morning, Apple (AAPL -1.9%) can't catch a break - shares now trade at 8.2x FY13E EPS (exc. cash). The decline comes as signs emerge Apple is taking new steps to vertically integrate: Digitimes reports Apple is now directly placing orders with material suppliers, who traditionally interact with manufacturers, and Horace Dediu theorizes Apple may have invested ~$2B in Sharp's display production. He also notes Apple's off-balance-sheet manufacturing/component purchase commitments have risen to $21.1B. [View news story]
Jim Cramer gives his take on McDonald's (MCD -1.2%) slumping comparable-store sales, saying he's confused why the company's promotional pricing isn't promoted. As for the slumping global economy, Cramer wonders why Starbucks knocked out a fantastic quarter with $4 coffee drinks while McDonald's headed south with $1 coffee. (video) [View news story]
Apple (AAPL -0.3%) roundup: 1) For the first time, Apple is including Android itself in a patent suit against an OEM (Samsung). Does Google (GOOG) respond with a software patent suit, or does it continue to tread lightly? 2) Apple has been granted 29 new patents from the USPTO (I, II). One covers the iPad's design, and another a method for using a sound sensor to adjust audio output. 3) 88% and 75% of U.S and Western European iPhone owners say they're likely to buy another one, per Strategy Analytics. That's down from a prior 93% and 88%. [View news story]
Apple's Recent Management Moves: Addition By Subtraction [View article]
Mea Culpa: Why I Sold Apple [View article]
Mea Culpa: Why I Sold Apple [View article]
I started using Apple products in 2004, bought in 2005 at 37 and my long term gain is compounding ever since.
The difference between us is greed ,you almost doubled your money in about a year, got spooked because your afraid you'll lose your double. While I have seen my investment rise by a factor of about 15. I took a little off the table this year too, but realize there is nobody making better products, so will let the majority of my investment keep multiplying.
Hurricane-hardened New Yorkers snapped up the iPad Mini today: Topeka's Brian White reports the flagship 5th Avenue store sold out in an hour. Lines were much smaller elsewhere, though Piper still thinks 1.5M in weekend sales is possible. Meanwhile, Apple (AAPL -3.3%) has been banned from selling the iPhone in Mexico under its current name after a court ruled the name is too similar to iFone, trademarked by a local firm in '03. Like the Chinese iPad dispute with Proview, this will probably end with a payoff. (earlier) Update: The Verge claims reports of a ban are off, though it looks as if the court "ordered Apple to pay substantial fines and perhaps even pull the iPhone from market." [View news story]
"AAPL has robbed their customer base clean and will become the next RIMM in 5 years."
What do you base this intelligence on.......a new technological breakthrough in carrier pigeons?
If Apple becomes irrelevant in smartphones, who would be the innovator in the category......since their closest competitor Samsung would also be irrelevant since they merely copy Apple.
Thoughts On Apple's Ousting Of Forstall And Browett: Asserting Cook's Authority, Solidifying Jobs' Vision [View article]
Long Apple since 2005
Exxon Mobil: A Surging Dividend, But Will It Last? [View article]
Wal-Mart On Its Way To Bringing Operational Efficiency And Productivity [View article]
Buy you will not regret.
I am long Walmart.
The soda industry continues to push back at the contention of NYC Mayor Bloomberg amongst others that the nation's obesity issues and high level of soda intake are interwoven. According to data dug out by academics, despite getting close to 100% of the blame, extra sugar only accounts for 9% of the extra calories the U.S. population takes in today compared to 30 years ago. Of that 9% extra sugar rush, soda only makes up a subset of the total. [View news story]