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bimmerguy09

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  • AllThingsD: Next iPhone to be unveiled on Sep. 10 [View news story]
    I tend to agree, when it comes to things like Bump or other information sharing technologies. However, even in those cases - NFC does have its place.

    Point-of-sale terminals, are however are a different animal.
    Aug 13, 2013. 01:30 PM | Likes Like |Link to Comment
  • AllThingsD: Next iPhone to be unveiled on Sep. 10 [View news story]
    I think the bigger implication lies in the combination of the fingerprint reader along with the likely inclusion of NFC on the 5S.

    Android made fingerprint scanners, NFC, and mobile payments a novelty, but never had the power to pull it all together. I think the home button fingerprint reader, NFC, PassBook, and iTunes (along with its big database of credit card numbers) could put Apple at the head of line on mobile, one-touch payments.
    Aug 12, 2013. 09:52 PM | 2 Likes Like |Link to Comment
  • Barron's is out with its list of the 500 financially strongest companies as ranked after a rigorous cash and sales analysis. A quick filter on the list shows a good chunk of the names trade with a single-digit price to earnings ratio including Goodyear Tire & Rubber (GT). Despite all the buzz about booming auto sales in the U.S. and China, concerns about growth for Goodyear's products in other regions of the globe have lowered expectations. But with auto sale estimates for full-year being taken higher, Goodyear could see enough consistent revenue growth to justify a higher trading multiple. (Top 25: AAPL, WCC, WDC, DVA, CHRW, QCOM, JOY, V, STX, MRC, MA, CVI, COF, SYMC, MCK, WCG, ETN, BRCM, TMO, CI, CBI, NOV, WNR, HFC, DK[View news story]
    What, are we sending this out once for each of the Top 25?

    Barron's released a list of the 500 companies with the strongest financials. Message received.
    May 6, 2013. 12:31 AM | Likes Like |Link to Comment
  • Why Apple Is Becoming Irrelevant [View article]
    Look at designs of things like the Kitchen Aid mixer or the Porsche 911. There's a reason why those designs have changed little over 50+ years, and had only "incremental" updates. They're good, solid designs that work. The iPhone, in my opinion, is in their company with respect to timeless, functional design.

    I think the problem is more complicated than the way you're portraying it. Your argument seems to be, "Apple will become irrelevant because they won't make a phablet." The problem there, is that Apple cannot shift exclusively to larger handset sizes at the risk of upsetting customers happy with the existing form factor. Like it or not, there are more than a few of us in the world, who believe Steve Job's approach to a mobile handset was the correct approach.

    For the record, Apple is lambasted for not "innovating" (which given Apple's culture, innovation is difficult to measure), and is punished by the market for the perception of not having done so. I'd hardly call Samsung's approach of taking a device perfected by Apple and cramming an oversized display into it innovative.
    Apr 30, 2013. 10:08 AM | 6 Likes Like |Link to Comment
  • Windows 8 Tablets Are Already Displacing iPads With More To Come [View article]
    I tend to agree with the idea that this will be a bigger problem for Android. Granted, it's not really a problem for Google, since Google is making money no matter what device you're using as long at you're using Google services. It will be a big problem for Android OEMs, though.

    People using Apple devices, tend to either 1) want Apple devices exclusively or 2) are specifically fleeing the Microsoft environment. If you're in group one, you provide the floor for iOS marketshare. If you're in group two, you might move to Android, but it's unlikely another Windows device will lure you in.

    Don't get me wrong, there's upside here for Microsoft - particularly for the enterprise market. I'm just not quite sure it's going to dent iOS or Android as much as expected.
    Apr 26, 2013. 03:36 PM | 1 Like Like |Link to Comment
  • Apple (AAPL) only looks cheap if it maintains its profit margins (35.3% in 2012), writes The Brooklyn Investor. Slapping Samsung's mobile operating margin of 18% on Apple's $181B in expected revenue this year then giving it a 10 multiple and adding back cash yields a value of $370/share. Margins might not decline right away (and revenues may increase to offset), but Apple bulls are fighting the powerful historical tendency (particularly for Apple) of excess margins getting competed away. [View news story]
    Saying Samsung competes with Apple is like saying Hyundai competes with Audi. True in technicality, but few people will compare the two. I suppose, VW should brace themselves for the inevitable margin compression that will come from the Asian commoditization of the automobile? Maybe, but probably not. Both companies have completely different customers

    The automotive market is big enough for low-end Marques and high-end Marques. The mobile handset market is no different.
    Apr 20, 2013. 11:53 AM | 14 Likes Like |Link to Comment
  • IDC dials up its 2013 tablet forecast by another 11%, this time to 190.9M units. The popularity of smaller tablets is a big reason why - the firm estimates half of Q1 shipments will involve sub-8" devices. Android (GOOG) is now expected to be the most popular OS - IDC forecasts a 48.8% share, up from a prior estimate of 41.5%. The iPad (AAPL) is seen having 46% of the market, and Windows 8/RT (MSFT) just 4.7%. 2017 shipments (not an easy thing to predict) are seen totaling 350M. IDC expects PC shipments to fall 1.3% in 2013 to 345.8M units. (Q4 figures[View news story]
    Odd, My iPad does work just fine...
    Mar 12, 2013. 02:09 PM | 1 Like Like |Link to Comment
  • IDC dials up its 2013 tablet forecast by another 11%, this time to 190.9M units. The popularity of smaller tablets is a big reason why - the firm estimates half of Q1 shipments will involve sub-8" devices. Android (GOOG) is now expected to be the most popular OS - IDC forecasts a 48.8% share, up from a prior estimate of 41.5%. The iPad (AAPL) is seen having 46% of the market, and Windows 8/RT (MSFT) just 4.7%. 2017 shipments (not an easy thing to predict) are seen totaling 350M. IDC expects PC shipments to fall 1.3% in 2013 to 345.8M units. (Q4 figures[View news story]
    That's pretty generous to Microsoft...Considering the words "Surface" and "Zune" are being thrown around together.
    Mar 12, 2013. 02:07 PM | Likes Like |Link to Comment
  • Microsoft (MSFT) will receive "a fine running into hundreds of millions of dollars" from the EU tomorrow over its alleged violation of a promise to give Windows users a choice of browsers, the FT reports. Reuters reported of a pending fine last week. (Danish tax probe[View news story]
    This is idiotic. Users have a choice. Fire up IE one time, and download whatever you want. It's not as if Windows stops you from using a third-party browser.

    I hope Microsoft pays in pennies.
    Mar 5, 2013. 04:21 PM | 2 Likes Like |Link to Comment
  • "Investors are worried about iPhone demand, iPad mix, Mac sales and most importantly margins," says BTIG's Walter Piecyk, discussing concerns going into Apple's (AAPL +1.4%) FQ1 report today. Piecyk took a lot of heat for downgrading Apple to Neutral last April, but shares are down 20% since then. He thinks an "old-school" revenue beat is needed to calm investors, but with shares now below 8x FY13 EPS exc. cash and earnings expected to show the first Y/Y drop since '03, expectations have come down. Revenue is expected to grow 18% Y/Y to $54.7B. [View news story]
    "Investors are worried..."

    Wrong. Short term *speculators* are worried. As a long term *investor*, I'm not the least bit worried.

    Margins have not contracted to an unreasonable degree. iPhone demand has been demonstrated to be healthy. The iPad is still the reigning king of tablets. The only thing to change has been the Street's flippant attitude, not AAPL.
    Jan 23, 2013. 11:09 AM | 8 Likes Like |Link to Comment
  • Apple Order Cuts Don't Tell The Whole Story [View article]
    I'm not entirely convinced this isn't part of a transition to an unknown product. The rumors are Apple is rolling out a new iPad Mini in March/April - making the 1st gen about five months old. Apple already refreshed the 3rd gen iPad when it was 6 months old, and there's rumor a 5th gen iPad will com along with a 2nd gen Mini. It seems to me that it is reasonable to believe Apple is moving towards more aggressive refresh cycles. As a result, it makes sense that they would cut component orders sooner. That, and given manufacturing yields improved faster than expected, I would not be surprised if Apple is throttling production of the 5 for its sucessor.
    Jan 15, 2013. 11:37 AM | 2 Likes Like |Link to Comment
  • Apple: Great Artists Steal [View article]
    Personally, I'm not shocked that the Mini is selling like hotcakes, and the 4th Gen iPad is readily in stock.

    For starters, the Mini is a new product that had been rumored for a while. There was sure to be pent up demand for a smaller iPad between both people who said "I'll buy an iPad when they release a smaller version" and those who said "I like my iPad, but I'd love it if it were smaller." There was clearly a lot of demand waiting for it to show up.

    On the other hand, the 4th Gen iPad is just an incremental upgrade of the 3rd Gen iPad, which had only come out about 6 months earlier. Most people who wanted a new full-size iPad already bought the 3rd Gen model. In short, the biggest problem for sales of the 4th Gen iPad was the short life-span of the 3rd Gen iPad. People don't usually buy a tablet, and then buy a new one 6 months later. The 3rd Gen iPad already bled off demand for the 4th Gen.
    Jan 3, 2013. 01:41 PM | 2 Likes Like |Link to Comment
  • Margin Pressures Likely To Hurt Apple Over Time [View article]
    It means something when people are hanging out in a store that does more business per square foot, on average, than any other retail store out there. It means people are interested in Apple, they are engaging with Apple, and it means they are buying directly from Apple (read: Apple gets all the profit from the sale).

    Your statement, while true, is best suited for an anti-Apple rant on Gizmodo. On an investing site, where retail sales are important, your statement that lines mean nothing is asinine.
    Dec 5, 2012. 08:26 PM | 2 Likes Like |Link to Comment
  • Margin Pressures Likely To Hurt Apple Over Time [View article]
    Speak for yourself. I for one think the iPhone is the perfect size, and that Jobs was right. Having had to carry an old-school Windows Mobile 5 "smartphone" around in a holster years and years ago, I like being able to carry a computer around in that otherwise useless jean pocket. My 31 year old myopic eyes can see the screen just fine. I don't need or want one of these goofy-looking part phone, part tablet "phablets."

    As for NFC, I think Apple has thought it out, and the truth is NFC hasn't gotten much traction yet. I can think of only a few places near where I live that you can find NFC-enabled points of sale, and they have only very recently shown up. Apple is wise to save the resources they would need to rapidly roll out NFC on the iPhone when only a handful will be able to use. I suspect the iPhone will come with NFC eventually, but it will likely be the 6 when it shows up. By then, NFC should be more common, and it should be easy for Apple to integrate it with Passbook... and iTunes for payments.
    Dec 5, 2012. 08:11 PM | Likes Like |Link to Comment
  • When Apple (AAPL -2.2%) last traded at its current level of $514, MLB spring training hadn't started and the 3rd-gen iPad was still a mystery. Outside of the poor sales figures for Dell's PC business, which Mac/iPad sales are partly responsible for, there doesn't seem to be any major news to trigger today's sharp decline. Shares now trade at just a little over 7x FY13E EPS exc. cash - the Street seems to be pricing in expectations of limited growth and ongoing margin pressure. [View news story]
    I suspect this has less to do with Apple, and more to do with the larger economic/political environment. Based on what has been bounced around in Washington over high taxes and capital gains, I suspect big money is taking profits on big winners to avoid an increase in capital gains for the next tax year. Make money now, avoid taxes, drive the price down, and buy in lower - it's a win every way when you're moving serious money around.

    As for me, I suspect the upward trend will resume when the capital gains scare is over and big money starts buying back in. Notice a lot of traditional bears have become more bullish lately. It's only a matter of time - AAPL fundamentals are still intact, and there's no evidence that margin compression is anything other than negligible and due to a heavy product refresh cycle.

    This is the buying opportunity of all buying opportunities for AAPL, IMO.
    Nov 16, 2012. 12:09 PM | 4 Likes Like |Link to Comment
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