Seeking Alpha

GZieses

GZieses
Send Message
View as an RSS Feed
View GZieses' Comments BY TICKER:
Latest  |  Highest rated
  • Apple: Why I Raised My Stake By 14% Yesterday [View article]
    WWDC has always been about software not hardware. Hardware is a MacWorld event.

    I'm no fawning sycophant when it comes to AAPL. I don't always agree with their product direction or emphasis. I work in high tech hardware/software as an executive in the "C" Suite, for a very successful company, and I continue to marvel at the genius that is AAPL and its leadership.

    To me, it is about their ability to lead and to create highly effective, high performing teams of people. As an investor, I have put what is for me, a very large bet on AAPL, with my average price now at around $430. I've not taken any money off the table because I believe it is a VERY long-term play and that the way AAPL is being run is the "secret sauce" and the products are the by-products.

    What they do so well is not so much innovation, (as they rarely are first to market with something), but rather an incredible ability to understand what people really want and will use, and then refine, refine, refine with an obsessive sense of perfection that they are trying to reach. That along with a huge vision for an ecosystem that keeps growing in scope and cross-connection.

    Their conferences like WWDC and MacWorld at which they showcase software and hardware are extraordinary testimonials to their ability to have long-term goals, strategic initiatives to reach those goals, and tactical efforts that allow it all to succeed. I admit to some envy about their holistic approach (no pun intended about HealthKit) to the way their company is run. Actually, it is a LOT of envy.

    They are not perfect. What company is? But, they represent some of the best of what free-market capitalism is all about. The ability to compete in a nearly commoditized marketplace and keep coming up with products that provide enough differentiation to have them stand out from the pack. It may be a bit of a loose comparison, but they remind me a lot of a company like 3M that started with one product years and years ago (masking tape) and innovated and refined over and over.

    If I have an investors "faith", it is to bet on companies that have world class leadership and invest in them for the very long-term unless their is some very dramatic change that forces a rethink.
    Jun 3, 2014. 10:20 AM | 13 Likes Like |Link to Comment
  • Apple: Why I Raised My Stake By 14% Yesterday [View article]
    Go elsewhere. This is an investor site not some lost Android fanboy site. If you don't have something constructive to add, why contribute? Why should the author tell you how much personal money he has tied up in AAPL? Whether it is 1 share or 1,000 shares, it is none of your concern. He divulged that he has a position in the company. Isn't that sufficient honesty for you? If you want to add something about his analysis that's great....otherwise get lost.
    Jun 3, 2014. 09:53 AM | 23 Likes Like |Link to Comment
  • Here's What Hedge Fund Analysts Expect Apple To Report Monday [View article]
    Is that your opinion or do you have facts that Apple has filed a fraudulent 8-k? Pretty sloppy if you don't have proof.
    Oct 25, 2013. 04:38 PM | 4 Likes Like |Link to Comment
  • Tesla: On The Cusp Of Profitability [View article]
    Herman.... couldn't agree with you more. That's my concern from talking with friends who work there. The philosophy at the top in regard to tweaking quality as they go is causing employees to lose hope that management 'gets it'. A lot of the reliability hinges on transmission quality. They've had an awful time with theirs. Design and redesign and vendor issues. If they leave too many people stranded in traffic with unreliable transmissions I'm afraid they won't survive the quality backlash. Goodwill will go right out the window and potential customer will recoil and put their money elsewhere. When Elon makes statements about who is their competition such as Audi, and then releases products that have quality issues that make a proper comparison more to that of a Yugo, then you have to take notice and keep your money away from the stock. There are only so many 'uber rich' in Silicon Valley that will pony up their spare change to be an early adopter. The "S" isn't the roadster test-sled. It is meant to be for luxury car buyers who generally aren't early adopters. Rather, they are looking for a luxury experience along with high quality. Anything less makes them look stupid to their friends. Having lost first mover advantage quite awhile ago I don't see how Tesla can keep up now that the big auto makers are now paying full attention to this segment of the market.
    Aug 6, 2012. 03:50 PM | Likes Like |Link to Comment
  • Tesla: On The Cusp Of Profitability [View article]
    What's your net worth Alexia, 50 cents? You sound like someone who knows nothing about business or investing. People embarrassed by their employer's lack of quality don't just quit on moral grounds when they have a family to feed. Mechanical engineering jobs in the Valley are like finding hens teeth. You don't just quit with nowhere else to go. You leave when you find something that makes sense. In so far as the quality issue. Customers love the smell of new leather more than they care about whether a transmission will hold together for more than a few thousand miles without grinding itself to death. Fit and finish are one thing. Infrastructure issues with major components is entirely different. My point was that they are not paying attention to that aspect of the quality equation and it will come back to haunt them big time in huge warranty fixes that gobble up cash and ruin a product's reputation. Word of mouth will take it from there. Elon needs to be more than a showman otherwise he ends up looking like the Wizard of Oz behind the curtain. And yes, I've been in and driven the car. Have you?
    Aug 2, 2012. 07:20 PM | 2 Likes Like |Link to Comment
  • Tesla: On The Cusp Of Profitability [View article]
    Nice article but you've left out one important thing. The product is shoddy and unreliable. So no matter what the business model, if they can't satisfy any but a few 'early adopters' then they are doomed. I know people who work there and they are embarrassed by the lack of quality control. So, I think you sound great on paper but reality is quite different. And, PLEASE, don't even begin to compare Tesla to Apple. Apple was devoted to customers from the very beginning. It's why Steve Jobs refused to let the operating system be used by other computer makers, because he was afraid the entire user experience would go in the toilet. He tried it once and swore never to do it again. Because, it was all about the customer. That's a far cry from what Elon is doing at Tesla. To him it's all about the money and fame.
    Aug 2, 2012. 02:24 PM | 1 Like Like |Link to Comment
  • Aside from Medicare-dependent firms (I, II), defense contractors (PAA -1.2%) also have much to fear from "devastating" cuts via a debt deal. The Pentagon would take fully 50% of cuts imposed by any triggered second round of $1.2T in cuts, Lazard analyst Michael Lewis warns. LMT -1.7%, RTN -0.9%, NOC -1.5%, GD -0.9%, SAI -2.7%, LLL -3.2%.  [View news story]
    Why did he lump PAA which is an oil industry company in with defense contractors who are at risk?
    Aug 12, 2011. 01:41 PM | Likes Like |Link to Comment
COMMENTS STATS
7 Comments
43 Likes