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stevesko

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  • Double Top For Apple? [View article]
    To those that ask about the Sapphire, I think it will be a Sapphire laminate, not pure Sapphire, so will use very little Sapphire and wont significantly add cost. The reason they need it, is its harder and harder to make a "Premium" phone, as features on competitors try and copy what they do. There needs to be "compelling" things to talk about to get people excited about having the next model. Broken screens were also a "pain point" and Apple does try to eliminate those.

    As for the technical. 101.55 was a critical spot, looks like it broke through that, others going up are 103.36 and 106.10
    Aug 25 09:54 AM | Likes Like |Link to Comment
  • Double Top For Apple? [View article]
    I sold all of my balanced portfolio, all I have left is my position in qcom. Poured it all into AAPL at 325, sold at 700, bought back at 525, and poured even more at 500, so while I'm a happy camper, it's generally not wise to put all your eggs in one basket, but that how certain I am of this companies prospects.
    Aug 19 09:05 PM | Likes Like |Link to Comment
  • Double Top For Apple? [View article]
    AAPL is trading at 16x last quarters earnings. Just for round numbers I used 100 a share to compare AAPL to it's weaker peers. GOOG is trading at 29.75x earnings (which its earnings basically only comes from desktop search- everything else is a drain), if APPL were trading at that multiple it would be $185.94 a share. AMZN just cant figure out how to sell above cost... If APPL traded at their multiple of 877.36 x earnings, it would be at $5,481.25 a share. Either case would make AAPL bulls clearly happy, so to say there is no room for growth... just wait.
    Aug 19 11:36 AM | Likes Like |Link to Comment
  • Double Top For Apple? [View article]
    You couldn't more off base with this article. AAPL is significantly undervalued BEFORE the product pipeline. Previous iPhone sales growth was dampened by US carriers playing hardball with the 2 year refresh cycle rather than being lax as they had been, this creates a huge pent up demand for the iPhone 6, add that to the people that want a bigger phone - and those who want a phablet, and those totally fed up with Android, this will be a monster roll out for Apple. Then add in heath kit, potentially payments, iTime, new iPads, and what ever else they have in store for us, and I could see another big bump up. Even Samsung is worried, as the AAPL shorts should be. Disclaimer: I am overweight in AAPL and QCOM
    Aug 18 03:56 PM | 7 Likes Like |Link to Comment
  • Apple's Xiaomi Problem [View article]
    It's also easy to sell lots of product at no profit, look at Amazon. But one day that business model will not be supported by shareholders, and they will expect even "slim" margins (like the response to Amazons latest earnings report), when these players start to make any margin, they will be like everyone else. Consumers that buy on price are only going to be loyal when you are willing to make nothing, raise prices and they will leave.
    Jul 31 09:47 AM | Likes Like |Link to Comment
  • Apple's Xiaomi Problem [View article]
    I am very much a AAPL bull, and am VERY long the stock (overweighted), and believe Xiaomi is a big problem for Apple, but for different reasons.

    IMHO, the only reason Apple has not sued the $hit out of Xiaomi is because its a Chinese company in China. Qualcomm, which I'm also long is having issues in China collecting royalties, and I believe Apple would lose a patent suit in China for similar reasons, the Chinese government is protecting its own.

    That said, I think it would be foolish for Xiaomi to move outside of China for the same reason, Apple will just crush them in court.
    Jul 30 10:20 AM | 3 Likes Like |Link to Comment
  • Apple's CarPlay Coming To Audi In 2015 [View article]
    Hopefully this can work on 2014 Audi models with a software update..
    Jul 2 10:20 AM | Likes Like |Link to Comment
  • VeriFone's Glimpse Into Apple's Future Payment System [View article]
    I don't see any reason for NFC at all. It's a dead technology.

    IMHO, EMV readers will be the catalyst that will drive consumers from using physical cards. Inserting the card into the reader, and waiting for it to read changes the payment dynamic, and not for the better.

    Using a Passbook wallet containing all of my credit cards, and BLE will work just fine.
    Jun 10 10:25 AM | Likes Like |Link to Comment
  • Apple's Patent Reveals Another Application For Solar Cells [View article]
    interesting article, I wonder how far from commercialization this is. I would have thought we would be seeing more liquid metal by now, but we haven't yet, perhaps on the iPhone 6.
    Jun 10 09:56 AM | Likes Like |Link to Comment
  • What Was Tim Cook Thinking? An Analysis Of Beats Electronics [View article]
    You also ignore the fact that Beats has 2 billion in cash, and that they are domiciled in Ireland... so the 2.6 billion that AAPL is paying, net of cash is really 600K, net of taxes not paid by using foreign cash, is 420K. Now, is getting this business worth 420K, you bet. They have already gotten more than 420K worth of PR out of this deal. And I'm long AAPL.
    Jun 10 09:44 AM | 4 Likes Like |Link to Comment
  • Beats: Content Is King? [View article]
    They basically bought the company for 600K, thats nothing. Beats has 2 billion in CASH, so you need to back that out. They also are domiciled in Ireland, which means they get to guy Beats, and their cash, with off shore dollars, of which they have a boat load, which essentially lowers their cost by 20-30%, so they really are getting the headphone business, the streaming music business, and two great minds for free, that is partly why the stock is going straight to 650.
    May 29 05:45 PM | Likes Like |Link to Comment
  • Why Apple's Next Big Innovation Might Be iBeacons And Mobile Payment Processing [View article]
    IBeacons seem on the face a game changing technology, but so did Passbook. I'm not saying it wont be successful, I think it will, just pointing out that what seems like a slam dunk isn't always right away.
    Dec 11 02:11 PM | 1 Like Like |Link to Comment
  • On Apple And Vertical Integration [View article]
    I would have agreed with the comment on automating the factories, it seem SO APPLE to do that, but with $8 manufacturing costs per phone, how does that investment make sense, unless it also dramatically improves quality.
    Nov 22 08:43 AM | 1 Like Like |Link to Comment
  • On Apple And Vertical Integration [View article]
    DonoX - You think in a outright purchase, or a investment
    Nov 22 08:38 AM | Likes Like |Link to Comment
  • On Apple And Vertical Integration [View article]
    Great article, as you mention apple is already doing a lot of quasi integration, like buying equipment and making other capital investments in its suppliers. I would imagine those types of investments both secure supply but also lower cost. Not only does it not make sense to acquire suppliers in zero margin businesses, but the technology changes so quickly, where would they be if they had acquired a hard drive supplier now that everything is moving to SSD or acquired Corning when they are now moving to Sapphire.
    Nov 20 10:29 AM | 2 Likes Like |Link to Comment
COMMENTS STATS
36 Comments
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